International visitors are disproportionately responsible for tourism-spending growth within Canada, with spending increases proportionally more than Canadian-resident tourists for hotels, food and travel…
read more
International visitors are disproportionately responsible for tourism-spending growth within Canada, with spending increases proportionally more than Canadian-resident tourists for hotels, food and travel…
read more
Asia-Pacific hotel revenue set rise on in 2024
Business, leisure bookings pick up, but labour, energy, tech, ESG challenges ahead…
read more
Denmark’s record visitor levels backed by US$1.6 billion high end hotel investment
Denmark’s tourism industry has bounced back to record levels, post-pandemic, which has helped to attract nearly US$1.6 billion in upper segment hotel financing, according to the latest THP information…
read more
The Dutch hotel market has largely recovered from the corona crisis, the occupancy rates have not yet fully recovered, but are improving strongly. Partly due to high inflation, average room prices have risen to record levels…
read more
US hotel loan defaults could rise on falling leisure stays, climbing costs
U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs are expected to pinch their profits…
read more
Hotel occupancy levels on growth path in Qatar
Doha: Qatar’s hospitality sector is witnessing a strong rebound with hotels across segments seeing an increase in occupancy rates…
read more
Hotel prices skyrocket in Ahmedabad ahead of the ICC World Cup
Digital travel platform Agoda has reported a 1,702% surge in searches for stays in Ahmedabad…
read more
EU tourism at a decade high in the first half of 2023
The EU tourism industry is experiencing a strong recovery from the impact of the COVID-19 pandemic…
read more
World's largest indoor Sukkah to be built at Jerusalem hotel
The sukkah will be strictly kosher so that the many visitors expected to visit the hotel will be able to observe the mitzvah of sitting in the sukkah…
read more
Why Does Cuba Keep Building Hotels?
HAVANA TIMES – The latest Tourism Selected Indicators January – June 2023 report published by Cuba’s Office of Statistics and Information (ONEI), confirms what has been a trend in recent years, even before the pandemic: the number of foreign…
read more
Norwegian welcomed 2.1 million passengers in August
Norwegian had 2.1 million passengers and a load factor of 85.2 percent in August. Regularity was particularly high with 99.6 percent of all scheduled flights taking place…
read more
Dubai’s surging rental costs fuel long-stay hotel living boom
Dubai sees as a rise in long-stay hotel living as soaring rents drive residents to seek out more convenient options - Soaring rents in Dubai are driving a surge in long-term hotel stays as residents seek greater value for their money amid a market…
read more
Algarve Average Hotel Occupancy In August 2023 Down Compared To 2022
THE hotel industry in Portugal’s Algarve region recorded a drop of 2.3 per cent in August 2023 compared to the corresponding month of last year…
read more
DidaTravel outperforms Chinese hotel market recovery
DidaTravel achieves 40% YTD growth in hotel sales, outpacing China’s market recovery. Exceptional inbound growth at 124% emphasizes China’s allure and Dida’s market capture.
read more
OPINION - London Capital is still a magnet for the world’s ultra-elite
It’s a tale of two cities — whatever hardships Londoners might be enduring, their home remains a magnet for the world’s ultra-elite…
read more
Find out how some hotels are cashing in beyond guest visits
Some hotels have developed such a following that they are making products available for guests and others to take home after their visit…
read more
Watch a hotel room transform into a $62,000 suite for the Singapore Grand Prix
From room transformations to housekeeping at night, hotels adjust to Singapore’s F1 night race with “all hands on deck” staffing, reports CNBC’s Monica Pitrelli.
read more
Taylor Swift is single-handedly giving a boost to hotel industry revenue
Taylor Swift is providing a gold rush for the hotel industry. The “Cruel Summer” singer’s attention-grabbing “Eras” tour has pushed up revenue for hotels in cities across the U.S., according to data from investment firm Bernstein…
read more