LOWER-THAN-EXPECTED summer demand will affect U.S. hotel performance, resulting in a second quarter RevPAR shortfall, according to CBRE…
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Hotel RFPs: The negotiating outlook for 2024 rates
Credible data and only moderate rate increases put a new spin on rate negotiations - As travel buyers make the traditional late-summer start to their annual hotel negotiations (a process still undertaken by 84 per cent of travel managers, according…
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European hotel prices continue rising this summer
Global hotel prices have continued to accelerate this summer led by higher rates in Europe, according to the latest data from hotel analyst STR…
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Vietnam’s visitor push, backed up by 140-hotel pipeline
Vietnam’s government is striving to attract more international visitors for lengthier stays, in the wake of at least 140 high end hotels poised to boost the country’s portfolio.
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$350 a night for a hostel? Why the cost of accommodation is skyrocketing
The easing of pandemic-induced lockdowns has led to a huge spike in demand for hotel rooms as travellers rekindle their travel plans and seek out the experiences they’ve been missing.
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Inflation is making everything in our lives more expensive, but it doesn't seem to have slowed spending at pubs across the country…
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Synopsis - Major hotels in and around New Delhi are fully booked as business and political dignitaries from G20 member countries gather for the leaders’ summit on 9 and 10 September…
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DidaTravel’s global summer hotel bookings close to doubling pre-pandemic levels
DidaTravel announces hotel bookings surpassing pre-pandemic 2019 volumes by 93% this summer season. Global ADR (Average Daily Rate) has also increased by 35% YOY and surpassed 2019 level by 7% when comparing the same period…
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San Diego tourism is surging. Hotel sales are plunging. What gives?
Statewide, the decline in hotel sales so far this year is the steepest drop in two decades as lenders shy away from financing multi-million-dollar transactions.
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A competition launched by a dog friendly hotel in Padiham received a staggering 40k entries in eight days.
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U.S. Hotels State of the Union - Short-Term Rentals Appear to Be Taking Share from Hotels
CBRE U.S. Hotels State of the Union August 2023 Edition
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Las Vegas’ Worst Hotel Bumps Up Prices By 1380% For Grand Prix Weekend
The high-octane lifestyle of the high-rollers - Las Vegas hotels and casinos are licking their lips at the imminent influx of eager Formula 1 fans as the travelling circus rolls into town…
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Hotel revenues in Oman rise by 32% to OMR110mn
Muscat: The revenues of 3-5-star hotels in Oman stood at OMR110 million as of the end of June 2023, up by 32 per cent over the corresponding period in 2022…
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The Direct Competition Between Beach And Temple Tourists
India is seeing a rise in visitors interested in its religious sites…
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Indonesia ups hotel demand as it smashes tourism targets
According to the southeast Asian country’s Ministry of Tourism and Creative Economy, the nation smashed its target of attracting 3.6 million tourists in 2022, reaching 5.9 million – exceeding its objective by 64%…
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Marriott lifts annual profit forecast on China rebound
Aug 1 (Reuters) - Marriott International (MAR.O) raised its full-year profit forecast on Tuesday, as the U.S. hotel operator bets on higher room rates and rebounding demand in China to boost earnings.
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Ukraine's Unconventional Attraction: War Tourism and Its Impact on Global Perception
Travel and tourism are often seen as gateways to leisure and exploration…
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WYD: Hotels in Lisbon with a high occupancy rate
According to ECO, that in regard to WYD the hotel sector meets "expectations", namely with regard to hotels up to 4 stars, and says that prices are "slightly higher" compared to the same period last year…
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