The HVI is the authoritative guide to U.S. hotel values, giving hotel stakeholders an educated edge in buying, selling, and holding opportunities. This online tool provides historical and projected values and RevPAR for the Indian Ocean - Mauritius market.
The Indian government is taking various steps to develop the Andaman & Nicobar Islands and Lakshadweep into world-class tourism destinations. However, several challenges have previously inhibited the rise of tourism on these islands. Read on to know more.
Hiring momentum in the Indian hospitality industry is improving as several companies resume their hiring plans. However, various issues may make it difficult for them to close the gaps. Read on to know more.
Most countries have reopened their borders to fully vaccinated international tourists. This article highlights some best practices followed by tourism-dependent destinations such as Maldives, Dubai, and Croatia, which are now hailed as leading examples of destinations getting their inbound tourism back on track post-COVID.
The tenth annual HVS Lodging Tax Study quantifies the revenue impact of the pandemic over the past year. An analysis of 25 major US markets shows losses totaling approximately $1.3 billion in 2020 from historical levels in 2019. HVS forecasts a loss of $1.45 billion in rooms revenue in 2021 from a baseline scenario with no pandemic. HVS also provides historical data on tax rates and revenues from lodging taxes levied in all 50 States and the 150 largest US cities.
The popularity of staycations has grown manifolds in the last year. However, a prevalent debate in the hospitality industry is whether this is a passing fad or a long-term trend. Read on to learn more.
Smart tech is poised to play a greater role in future hotels. It gives hoteliers endless possibilities to differentiate themselves from the competition and exceed the expectations of the guests of tomorrow. Read on to know more.