Global Hospitality Report (January 30, 2017)

FHRAI Indian Hotel Industry Survey 2015-16 
By Achin Khanna, and Tulika Das

The survey, representing 1,517 hotels in various cities across different star categories in India, presents key statistics for the industry. It provides information about financial performance, marketing media usage patterns, guest segmentation, etc.

International Sporting Events – Takeaways for Hotel Investors 
By Tshepo Makhudu

Durban, South Africa will host the Commonwealth Games in 2022. Due to the 2010 World Cup, hotels were oversupplied and many suffered low occupancies due to the financial crisis of 2008/09. What has the Durban hotel industry learnt from this?

HVS Market Pulse: Atlanta, GA 
By Benjamin Levin

Atlanta enters 2017 with billions of dollars in new development underway. More than a billion has been dedicated to projects in Midtown Atlanta, two professional sports stadiums are nearing completion, and a $6-billion airport expansion is underway.

M&L Continues to Expand its European Portfolio 

Singapore-based M&L Hospitality has recently expanded its presence in Europe with the purchase of two new hotels for an undisclosed sum, bringing its global portfolio up to 18 properties. The investment group’s new purchases are the 303-room Hilton Prague Old Town, along with an adjacent 6,900 m² mixed-use commercial building, at the heart of Prague’s Old Town in the Czech Republic, and the 150-room Park Inn by Radisson Amsterdam Airport, in the Schiphol-Rijk Business Park in the Netherlands. “These new acquisitions in Europe are a testament to our confidence in the region and we look forward to expanding our European portfolio further,” said Neil Maxwell, M&L’s chief executive officer.


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