Hotel values across Europe registered another strong year in 2018 showing a 3% growth and reaching new highs. Although a more modest growth than that of 2017 at 3.9%, 2018 saw recovery for many cities.
With dam levels rising in Cape Town and the city becoming water-wise the threat of ‘Day Zero’ has been pushed out to 2020 or potentially ‘never’. The city now needs to market its comeback and set benchmarks for sustainable tourism destinations.
2017 was a spectacular year. The headwinds from geopolitical uncertainty and instability proved surmountable, and hotel values across Europe grew by 3.9%. Read the article in full for an in-depth look at average hotel values across Europe.
The fifth edition of the Indonesia Hotel Watch highlights Indonesia’s current hospitality landscape, analysing domestic and international demand and hotel supply dynamics of classified and non-classified hotels.
September 5, 2017
ByHok Yean CHEE ,Victoria Jia Li Chan ,Stephanie Bernhard
The publication continues to serve owners as a reference for which operator has a strong presence in their home market and in potential future markets further ashore as well as key feeder markets across the region.
This article provides a market snapshot of Tuscany, Italy. Tuscany represents one of the most established touristic markets in Europe and the third most visited region in Italy, widely known for its landscapes, traditions, history and artistic legacy
The region continues to face distraught; dwindling economic conditions, changing demographics and source markets, and a saturation of luxury hotels pose an opportunity for developers to build mid-market.