The knock-on effects of the global economic downturn have finally reached the region. Most regional markets are seeing a slowdown in visitor arrival growth and occupancy levels are under pressure..
The article presents the changes in the tourism landscape of Sri Lanka in the past two years, with improvements in infrastructure, tourist arrivals, and hotel market performances, concentrating on the hotel markets of Colombo and the Southwest Coast.
This review of Sascha Reichstein’s Be my Guest, examines Hilton’s dual role as an international American symbol and a local institution. Reichstein’s book uses photographic images and employee interviews to contrast two international Hilton hotels.
This White Paper aims to articulate the industry’s key requirements and highlights the support policies that are needed to facilitate the growth of the Indian hospitality sector by 2021.
In this article we present recent tourist visitation trends in the Milan market and consider the upscale hotel performance for the last three years. We also present our performance forecast up to 2016 and discuss the current values of Milan's hotels.
The region started the year of 2012 positive, however, growth pace has slowed down in the first quarter compared to previous periods.
Nairobi is one of the key markets in Sub-Saharan Africa. This article explores tourism trends and hotel developments before evaluating hotel performance from 2009 to 2011 and providing five-year forecasts of occupancy, average rate and RevPAR.
The 2012 Middle East Hotel Survey highlights regional macroeconomics, visitation characteristics, performance indicators and major developments, reinforcing the resilience of the region, poised for recovery and development despite the Arab Spring.
This market snapshot is part of a series of articles that HVS produces on key hotel sectors across
Europe. Our analysis is based on data for a sample of 74 mainly branded properties in Prague as provided by
STR Global.
Despite turbulence in the global economy, 2011 was a triumphant year for the region, with markets setting new records. In this update: tourism trends, hotel market performance and the China Outbound Market.