The Raleigh market achieved historically high levels of economic activity and visitation in 2019. However, after the onset of the COVID-19 pandemic in early 2020, the market suffered significant declines in business activity and hotel demand, similar to most metropolitan areas across the country. How did Raleigh sustain through the height of the pandemic? What is the market experiencing as it emerges from the pandemic, and what does the future look like for this state capital?
Sri Lanka’s tourism sector has become a key contributor to its economic growth. This article highlights a few factors that can help the sector achieve its next growth frontier.
Since early March 2020, Greater Kansas City hotels have suffered unprecedented declines in demand, similar to most cities in the United States, because of the COVID-19 pandemic. How much of an impact has the market experienced, and how quickly can this market recover?
The impact of the COVID-19 pandemic on the timeshare industry was significant. However, a survey conducted by HVS Shared Ownership Services, as well as other sources for the industry, indicate a generally optimistic outlook for a recovery and rebound.
This article highlights some measures which can help India become a preferred tourist destination once again for global travelers in the post-COVID era.
The Tucson lodging market was reaching new heights before the negative effects of the COVID-19 pandemic set in. What trends did the market experience during the COVID-19 pandemic? What factors are contributing to the recovery?
Like elsewhere, the United States’ restaurant sector has had a tough time responding to the seemingly endless challenges posed by COVID-19. However, interesting trends are emerging.
This article briefly discusses the growth of the tourism industry in Sri Lanka post the civil war in the country.
Last week more than 300 industry executives logged in to join a webinar organised by HVS in partnership with legal expert Bird & Bird, publishing group EP Business in Hospitality and restructuring advisory firm AlixPartners on the subject of Hotel Franchising.
Several popular global destinations went from over-tourism to under-tourism in the last year, encouraging their tourism authorities to utilize the downtime to develop strategies that can help balance the two extremes in the future. Read on to know more.