The popularity of staycations has grown manifolds in the last year. However, a prevalent debate in the hospitality industry is whether this is a passing fad or a long-term trend. Read on to learn more.
The Indian luxury hotel segment has been regaining developer interest in recent years due to the evolving market dynamics.
In the second quarter of 2020, metro-area Omaha hotels suffered unprecedented declines in demand, similar to most cities in the United States. With the widely available vaccines and the lifting of pandemic restrictions in early 2021, we explore how the city’s recovery has begun and look at the long-term outlook for the market. We also examine recent trends in the Downtown Omaha hotel submarket relative to the overall Douglas County hotel market.
The Las Vegas market benefited from pent-up demand, government stimulus checks, limited international travel options, increased vaccination rates, and the easing of COVID-19 restrictions during the first half of 2021. However, major COVID-19 metrics notably surged during the summer, and indoor masking rules have been reimplemented in Clark County.
Smart tech is poised to play a greater role in future hotels. It gives hoteliers endless possibilities to differentiate themselves from the competition and exceed the expectations of the guests of tomorrow. Read on to know more.
Amid the current global pandemic and travel restrictions, Saudi Arabia remains committed to its Vision 2030 and projects are underway to transform its hospitality offering. Hala Matar Choufany, President, Middle East, Africa and South Asia of HVS, shines a bright light on the kingdom’s luxury resorts and what we can expect to see.
For many travelers, a holiday represents a dreamlike escape. Rishabh Thapar, Director of HVS’s Middle East and Africa team, tells us why Morocco is hitting all the high notes with explorers looking for something a little different.
The Indian hotel sector is experiencing a surge in demand, with occupancy levels of over 40% in most major markets. However, the sector should not lower its guard on safety measures now as any short-term lapses could weaken all gains made to date.
The Indian tourism sector is gradually coming back to life after the second wave of the pandemic in the country. State governments are taking several steps to revive the sector, some of which have been highlighted in this article.
Limited-Service hotels are leading the recovery in 2021 with YTD June showing higher occupancy than in 2020 and RevPAR down only just over $1. Full-Service hotels face greater challenges but the light at the end of the tunnel is starting to shine!