Over the last decade, the Dominican Republic has experienced robust growth in visitation, coupled with increased investment in the hospitality sector. This article explores the latest development trends in this important Caribbean destination.
The resumption of regular international flights in India is the first step towards a gradual return to normalcy for the travel and hospitality sectors. Read on to know more.
Our Serviced Apartment Sentiment Survey invited 90 lenders, investors, and operators to share their views on the challenges and strategic focus points in 2022 and beyond.
HVS publication In Focus Singapore 2022 provides an overview of Singapore’s economic outlook, infrastructure development, tourism landscape and hotel market performance, hotel transactions and investment in 2021, integrated resorts overview, COVID-19 situation and outlook.
After facing a severe downturn in 2020 with a GDP contraction of around -2.1%, the Israeli economy rebounded strongly in 2021, recording growth of 7.1%. This article explores the hotel performance and development pipeline in Israel.
Jammu & Kashmir has seen a significant increase in tourist traffic since the region's lockdown was lifted, however, the region is still largely unexplored with the potential to become a year-round tourist destination.
In 2021 limited/select service hotels which represent almost half of the hotels in Canada are leading the recovery over 2019 with hotel demand down by 20% and average rate down by 8% resulting in a RevPAR decrease of 28%. We will be much closer to recovery when the removal of COVID restrictions allow our full-service hotels to follow in the limited/select service footsteps.
In 2020, Greater St. Louis-area hotels suffered unprecedented declines in demand because of the COVID-19 pandemic, similar to most cities in the United States. Since then, many travelers have returned, and the greater St. Louis hotel market has rebounded. What has the recovery looked like thus far? What must happen in the next 18 months for the market to reach pre-pandemic performance? What factors will shape the “new normal” for the market?
As the economic recovery continues following the depths of the COVID-19 pandemic, the current market is making mergers and acquisitions (M&As) more and more attractive to hotel industry players. This article explores the factors contributing to this trend.
The pandemic, Brexit and ongoing supply issues have prompted key changes in the UK’s hotel sector, many of which are long-term, if not permanent. HVS London chairman Russell Kett outlines seven changes that businesses can’t afford to ignore as we move into 2022.