Global Hospitality Report (April 23, 2018)

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The HVS Americas Hospitality Newsletter is a monthly collection of expert insights on hotel-market-performance trends, analysis of current issues affecting hospitality, and annual publications that allow the reader to learn more about the inner workings of our industry. It also includes the latest news and information about upcoming conferences, events, and seminars.
 
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The HVS Quarterly Macau Update 
By Christy Tung and Daniel Voellm

This market snapshot provides an overview of the 4Q17 tourism industry performance in Macau, including visitor arrivals, hotel, and gaming sector.

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Market Pulse: Annapolis, MD 
By Marcus Lee and Chelsey Leffet

Recent hotel transactions show investor confidence in this high-barrier-to-entry market near the major metropolitan areas of Baltimore and D.C. This article illustrates the current conditions and lodging metrics of the Annapolis market.

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China Overtakes New Zealand as Australia’s Largest Source Market for the First Time 

For year ending February 2018, China has overtaken New Zealand as the largest source market for travellers to Australia for the first time ever. Over the course of twelve months, overall visitor numbers hit an all-time high at 8.9 million visitor arrivals, recording an increase of 6.6% relative to the previous year. Aided by the stream of airlines servicing tourism hubs such as Cairns and other east coast cities, some 1.39 million Chinese visited Australia during the same period, up 13.2% on the year prior and surpassing the 1.36 million visitors from neighbouring New Zealand. Record number of tourists also visited Australia from the United States (798,400) and India (309,400), each up 9.5% and 14.9%, respectively from the previous year. In the month of February, total visitor arrivals increased by 16.1% compared to 2017, giving a sneak peek into Australia’s anticipated robust tourism growth in 2018.

HVS APAC HOSPITALITY NEWSLETTER.

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