Heritage tourism has grown rapidly in India in recent years, but it has yet to realize its full economic potential. Read on to know more.
Reeling from the impact of new supply, seasonality, civil unrest, and a global pandemic, Minneapolis-St. Paul hotels faced a staggering RevPAR drop in 2020, worse than most cities in the United States. While the greater metro-area hotel market has begun to bounce back, it is at a much a slower pace than the national rebound. What has the recovery looked like thus far? When will the market return to pre-pandemic levels?
Remote work has opened several new avenues for hotels, including new customer segments and ancillary revenue streams. However, with most companies across industries now getting back to a hybrid or full work-from-office model, will these concepts continue to grow?
Post-pandemic travel trends indicate a strong demand for travel to Africa’s safari destinations, opening up opportunities for Investors and High-Net-Worth Individuals to invest in a fast-growing wildlife economy.
Our Serviced Apartment Sentiment Survey invited 90 lenders, investors, and operators to share their views on the challenges and strategic focus points in 2022 and beyond.
HVS publication In Focus Singapore 2022 provides an overview of Singapore’s economic outlook, infrastructure development, tourism landscape and hotel market performance, hotel transactions and investment in 2021, integrated resorts overview, COVID-19 situation and outlook.
Unlike in mature hotel markets where transaction activity has been regaining ground, hotel transactions in India have not witnessed the surge which was expected on account of the stress caused by COVID.
This article discusses the key trends in hotel brand signings witnessed in the Indian hotel sector in 2021.
After facing a severe downturn in 2020 with a GDP contraction of around -2.1%, the Israeli economy rebounded strongly in 2021, recording growth of 7.1%. This article explores the hotel performance and development pipeline in Israel.
Caravan tourism, a well-established niche segment of experiential tourism globally, is still at a nascent stage in India. Collaborative efforts by government agencies and industry stakeholders can help this segment become a success.