As value-driven domestic tourists become the ‘knight in shining armor’ for the Indian hospitality sector in the COVID era, the Midscale hotels segment, which accounted for approximately 43% of the total supply in the country in 2019, is expected to lead the revival of the sector. Read on to know more.
Nevada began its emergence from the COVID-19 pandemic shutdown on May 9, 2020, after Nevada’s Governor Steve Sisolak authorized certain businesses, including restaurants and retail establishments, to reopen with limitations. Nevada’s casinos were allowed to reopen on June 4, 2020, with restrictions. This article provides an update of the status of the Las Vegas market since Nevada’s casinos were allowed to reopen.
On Tuesday 1st September HVS, together with the Israel Ministry of Tourism, presented a lockdown seminar on the Israel Hotel Sector. Some 300 people joined us for this event and you are welcome to watch a video recording.
The pandemic is forcing the hospitality sector to rethink and make hotels more viable as developing hotel assets that drive higher ROI is the need of the hour. How can hotels achieve this? Read on to know more.
This publication provides an overview of upcoming, current, and historical trends in the federal lodging per diem, with a focus on the per-diem rates for the top hotel lodging markets, as defined by STR.
Professional Asset Managers are likely to gain significance in the COVID era as Hotel Owners & Investors realize their true value in helping improve hotel performances and yields in these extremely disruptive times. Read on to know more.
Hotels play a key role in creating successful leisure destinations. Good quality hotel supply can go a long way in developing fledgling tourist places into established leisure destinations. Read on to know more.
COVID-19 has affected the hospitality and tourism industries in a number of ways, and hotel food and beverage operations is one of the most affected areas. A decline in travel, low occupancy rates, and guests shifting to either cooking at home or preferring drive-thru, curbside, and delivery over eating out has led to hotel F&B rapidly evolving and adjusting their models. Hotels are marketing their eateries to locals, offering contactless food delivery, and enhancing gift card sales.