Market Report U.S. U.S. Hotel Industry Experiences Positive Growth in December; Tampa and New York City Lead the Pack The increase can be attributed to the Hannukah calendar shift and the compressed business travel period between Thanksgiving and Christmas, despite the seasonal slowdown usually ...
The outlook for UK hotel market demand in 2025 suggests a generally positive picture. While the below-average UK GDP growth of 1.6% in 2025 could dampen UK domestic business and leisure demand, UK interest rates are predicted to reduce, resulting in a weakening pound. This could boost inbound...
Europe Luxury Hotel Market Analysis The Europe Luxury Hotel Market size is estimated at USD 35.36 billion in 2024, and is expected to reach USD 45.45 billion by 2029, growing at a CAGR of 5.14% during the forecast period (2024-2029). The European luxury hotel market is a thriving ...
Decline in Europe’s Review Volume:Contrary to global trends, Europe experienced a 6.6% decrease in hotel review volumes compared to Q1 2023, underscoring unique regional challenges in the European Hospitality market. This includes a change in review pattern by major players like Booking.com. Shifts...
October 2024: European Hotel Market Trends Show Stability and Growth Amid Challenges December 23, 2024byNevistas News The European hotel market experienced moderate growth with overall stability in October 2024, particularly in Southern Europe and major cities. ...
Jean-Michel Cousteau Fiji Islands Resorts is one of the ecology-efficient hotels that I know.It was evaluated as the most environmentally friendly hotel in the world by Trip Advisor in 2007.All the architectures are made from local nature materials.They build a waste water system withcoconuts an...
Hotels are increasingly switching to eco-friendly materials and practices in construction, room amenities, and daily operations. Here are sustainable hotel practices that you can adopt at your property! The War on Plastic: Reducing Waste The battle against single-use plastics has gained momentum, and...
Market Report India Hotel Momentum India - Quarterly Hospitality Monitor Q3 2024 from JLL The hospitality sector continued to witness Year-on-Year (YoY) growth in performance in Q3 2024 (July - September 2024), primarily driven by a rise in Average Daily Rate (ADR), resulting in a RevPAR ...
There’s no doubt that technological advances can enhance the guest experience, but the wrong kind of technology can make things worse. Products are coming to the market fast and furious these days. Hoteliers should be wary of investing in control panels that are flashy and expensive but ...
The supply structure of China’s hotel industry is stabilizing, while the gap between the first-tier and second-tier cities is widening, according to a recent report by Hohi data platform. In 2023, the supply structure of China’s domestic hotel market further stabilized, and the gap between...