Global Hospitality Report (February 6, 2018)

Supply-Induced Hotel Demand in Portland, Maine: A Case Study 
By Erich Baum

In this article, the author considers the phenomenon of supply-induced demand in the hotel industry, using the recent experience of Portland, Maine, as the case example.

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Market Pulse: San Diego, CA 
By Patrick Bursey and Aaron Solaimani

The second-largest city in California and the eighth-largest city in the United States, has 70 miles of glorious coastline and a year-round average daily forecast of 70 degrees Fahrenheit, with annual occupancy levels reaching the high 70s.

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HVS Announces New Spa & Wellness Partnership 

For Valuation, Foresight, and Planning.

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Meliá Hotels International announce four new signings in Vietnam 

Meliá Hotels International have announced the signings of four new hotels in Vietnam, representing debuts in the financial city of Ho Chi Minh and the tourist bay area of Halong. In Ho Chi Minh City, the three new signings will replace existing hotels that will undergo rebranding and renovation. Replacing Amena Residence and Suites on the banks of the Saigon River, the 159-key Meliá Saigon Central will open in 2019. Similarly, the 72-key INNSIDE Saigon Central and the 115-key INNSIDE Saigon Mariamman will replace the existing Amena Suite Hotel Ton That Dam and Lavender Boutique hotel respectively. INNSIDE Saigon Central is slated to open in 2018, while INNSIDE Saigon Mariamman will open in 2020. Elsewhere in Halong, the new signing of INNSIDE Halong will provide 251 rooms and is expected to open in 2019. Other facilities that the new hotel will provide include a fitness center, swimming pool, spa, bar and 500 square metre of meeting space. INNSIDE Halong will be located near to Dragon Park, the largest theme park in Southeast Asia.

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