As they recover from the COVID crisis, the tourism and hospitality industries, which are not only victims of the climate disaster but also big emitters and contributors to global warming, have the chance to take up climate action to move toward a greener, more sustainable future.
The Indian hotel sector is reeling under the pressures of rising input costs, which is affecting not only operations but also hotel development plans. Read on to know more.
The NYU Investment Conference arrived five months late this year, but it was worth the wait. The event attracted over 1,000 registered participants eager to hear from a stellar lineup of the global industry’s top leaders and influencers, and it kicked off in a bustling Times Square on the same day U.S. airports reopened to fully vaccinated international travelers.
RevPAR across Canada September YTD is up 18% but still only at 45% of September YTD 2019. 2022 should prove to be a strong recovery year!
Given the significant traction in distribution of the COVID-19 vaccines throughout the United States and general international travel restrictions, leisure travel has begun to recover in 2021 and is expected to continue increasing, with Americans seeking so-called “revenge travel” to a domestic getaway. Business travel is also beginning to show signs of recovery, and some group business related to conference attendance is returning.
Goa’s tourism growth story is steadily picking up steam, as it has emerged as the go-to holiday destination for domestic tourists post the second wave. Other Indian beach destinations can learn from Goa's best strategies to attract tourists.
Hala Matar Choufany, President of HVS Middle East, Africa and South Asia, examines how the world's famous event Expo 2020 will change the shape of Dubai’s hotel market.
In light of the coronavirus (COVID-19) pandemic and the effect it has had on lending and new development in the hospitality industry, it may be beneficial to review the basics and walk through the investment life cycle of a hospitality asset. This guide is intended to be a helpful reference for a seasoned hospitality professional, a student looking to break into the industry, and anyone in between.
The Indian aviation sector is finally embarking on the path to recovery, which will mark a new chapter in the tourism & hotel industry's growth. Read on to know more.
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.