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This publication focuses on the market of wellness resorts of Sochi, Russia. In light of heightened media attention to Sochi, we examine the market evolution caused by the recent social & economic changes and development opportunities in the market.
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The 2013 Middle East Hotel Survey provides market aggregate, key performance indicators reinforcing the resilience of the region, moreover offering investors an indication of maximum supportable development costs when undertaking hotel investments.
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Millennials are the next generation of travel, but what exactly are they looking for? Read on to explore the top 10 travel trends for Millennials and how to best market and adapt to this ever evolving market.
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Hong Kong visitor arrivals were driven by mainland Chinese visitors, while greater China faces a headwind.
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The Current Status of Hotel Development Activity and Construction Costs in Canada
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Despite its beauty, friendly people and relatively good weather, Košice remains an unknown destination.This article highlights the potential of a relatively untapped market that is bound to see growth in the coming years.
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The HVS Hotel Development Cost Survey 2012/13 reveals construction cost ranges for hotel projects. Changes in the hotel development cycle and the construction industry are reflected in the current data.
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Hotel capitalization rates are stabilizing due to the counter balancing forces of a healthy transaction
market, a shortage of product for sale, the low cost of capital and the slowing of net income gains.
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A three part tale of the hotel market in Tripoli, Libya. Looks at the hotel market before the civil war in 2011, during and after the uprising and provides an outlook for the future of hotel development and investment.
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What is needed to reposition an entire destination? All around the world destinations reach a mature life cycle and are forced to re-invent themselves due to increased global competition. This case study on Montenegro can provide an insight.