The recent recession cut into Wilmington’s hotel market as demand from financial institutions and other firms weakened; however, new projects, rising room rates, and a strengthening economy in the city and MSA are putting RevPAR on the mend.
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.
The article discusses the Peloponnese hotel market in terms of supply and demand and analyzes past and future tourism trends.
If you build it, will they come?
Corpus Christi’s economy is buttressed by tourism, an expanding international port of shipping and trade, and an energy industry that has realized enormous growth over the past few years. How have improving economic conditions affected area hotels?
This is the 1st in a 3 part series examining the state of the Golf industry. The article explores the history and issues challenging the industry, the impacts to golf facility financials and value, and critical issues in future of the industry.
Hong Kong visitor arrivals were driven by mainland Chinese visitors, while greater China faces a headwind.
Data compilation is a key component to any hotel’s success, but management must intelligently evaluate the efficacy of the data and apply it to ongoing decision making in order to be successful in today’s technology-driven management world.
Total European hotel transaction volume reached approximately €5.6 billion in 2012, a decrease of 21% on the €7.1 billion recorded in 2011.
The Current Status of Hotel Development Activity and Construction Costs in Canada