Over the past decade, the GCC region has transformed from a business destination to an experiential one, evidenced by an increase in international arrivals, private investments and government visions, initiatives and developments. Hala Matar Choufany, president for HVS Middle East, Africa and South Asia, and managing partner of HVS Dubai, outlines the market developments and what’s on the horizon.
India's amusement & theme parks industry is still nascent, accounting for only a minuscule global market share, however, demand in this segment is expected to increase in the future. Read on to know more.
HVS discusses the main hotel transactions that took place in 2022 and looks at the trends in single-asset and portfolio transactions over the years.
Films have the potential to reach and connect with a wide audience. How much can they influence tourism of a place? Read on to find out.
European hotel values rise 3% in 2022 in what proved a mixed year for the sector. Read more in our latest European Hotel Valuation Index.
The hospitality sector has come a long way in adopting sustainable hotel operations and adopting eco-friendly hotel design and construction techniques will be the sector's next big step toward sustainability. Read on to know more.
This report looks at the evolution of UK inflation over the last 50 years and discusses how ADR in London hotels has responded.
Despite increased efforts, the Indian hotel industry's sustainability initiatives are still limited to hotel operations. Hotels are often criticized for their conspicuous consumption and a concerted effort to reduce consumption and waste across the board is now needed. Read on to know more.
The global aviation industry is experiencing severe staffing shortages, which are negatively impacting operations and traveler experience. Skill shortages are not new, but the pandemic has exacerbated them. Continue reading to learn more about how the industry is addressing these challenges.
Soaring inflation may dampen the hotel industry’s recovery in the near term, but there are some bright spots. Read on to know more.