Africa achieves a US$8.6 billion premium hotel pipeline
Across the African continent, high end hotel projects have collectively generated nearly US$8.6 billion of investment, according to the latest information from THP.
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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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Smart City to get new 11-storey hotel, residential block
PA board requests more stepped-down development - Smart City in Kalkara will be moving further away from its original grand plan to become an ICT hub with the approval of an 11-storey block for a hotel and a separate block of residences…
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US Hotel Construction Pipeline Grows by 7% YoY, Reaching Near Peak Levels: Q2 2023 Report
Despite prevailing economic challenges, the United States' hotel construction pipeline saw robust growth in Q2 2023, with a 7% year-over-year (YOY) increase in projects and a 6% rise in rooms…
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