Accra is the bustling capital of Ghana on Africa’s Atlantic coast. This article provides an overview of the buoyant hotel market in Accra and explores the underlying dynamics that impact hotel development and growth in the city.
Tourism remains a cornerstone for Charleston, with Condé Nast readers ranking the city the top destination in the U.S. and the world. Other developments across the range of Charleston’s economy are also driving hotel demand and average rates.
Atlantic City has faced unprecedented challenges in 2010; four consecutive years of declining total gaming revenue and regional gaming supply that continues to ramp-up. Changes are ahead, as the New Jersey legislature considers options.
Atlantic City faces many challenges ahead. This article examines the visitation and revenues trends for Atlantic City and summarizes major developments occurring in 2010 and beyond, including the Pennsylvania table games.
Shipping, health care, higher education, tourism, and the military are just some of the industries that diversify Charleston’s economy and help area hotels fare better than in most other markets during the recession.
Research shows that the recession has disproportionately affected occupancy at the older hotels in the Hampton market. With several large-scale developments promising to change the makeup of demand, a need for newer hotels is evident.