Hospitality Industry News
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The Olympics Effect: Insights into Its Impact on Paris' Hospitality Industry

Beyond the track, The Olympic Games provide a once&in&a&lifetime opportunity for the host city's hospitality industry to take center stage. As the world's gaze turns to Paris in 2024, we're keeping a close eye on the performance of the city's hotels and short&term rentals.

Thu May 2, 2024 16:15
Australian Hotel Sector to Benefit from Occupancy and Room Rate Growth As Inbound Tourism Recovery Gathers Momentum

Surging inbound tourism will help boost Australia's hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.

Thu May 2, 2024 16:15
STR Commentary on U.S. Hotel Performance for March 2024

Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.

Thu May 2, 2024 16:15
HVS Anarock India Hospitality Industry Review April 2024

Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.

Wed May 1, 2024 21:17
Hotel Construction Pipeline in Canada Reaches New Highs in Q1 2024

The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record&high in project counts represents an impressive 11% increase in project counts and a 5% increase in room numbers year&over&year (YOY).

Tue Apr 30, 2024 21:47
Data Shows Tourism in the Americas is on the Rise

Demand for travel to destinations across the Americas is on the rise, a new report released today by Amadeus in collaboration with UN Tourism shows.

Tue Apr 30, 2024 21:47

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