U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR‘s latest data through 12 November.
Cora Cora Maldives celebrates a triumphant first year
It’s Freedom Time! Cora Cora Maldives is celebrating the fantastic achievements it has attained in its first year of operation. Over the past 12 months, Cora Cora Maldives has been recognised for its commitment to sustainability, exceptional resort and facilities, and commitment to its guests. Spanning continents, the accomplishments achieved by the five-star resort are a true homage to the dedicated work that the Cora Cora Maldives team undertakes daily.
Asia Pacific’s Hotel construction pipeline, excluding China, is up 7%
According to the recent Q3 2022 close of the Construction Pipeline Trend Report for the Asia Pacific region from Lodging Econometrics (LE), Asia Pacific’s total construction pipeline, excluding China, stands at 1,881 projects/401,545 rooms, up 7% by projects and 5% by rooms Year-Over-Year (YOY).
China’s Hotel construction pipeline has record high project
In the recent China Construction Pipeline Trend Report from Lodging Econometrics (LE), LE analysts report that China’s total hotel construction pipeline, at the close of Q3 2022, stands at 3,604 projects/684,288 rooms, up 1% by projects and unchanged by rooms year-over-year (YOY).
Melbourne hotels post best performance of the pandemic-era
Melbourne’s hotel performance reached a pandemic-era high, according to preliminary October 2022 data from STR.
Latin America’s Hotel construction pipeline are up 22% YOY
In the Q3 2022 Latin America Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the total construction pipeline stands at 548 projects/90,728 rooms, down 5% by projects and 12% by rooms, year-over-year (YOY).
Net Zero Carbon events roadmap is launched at COP27
Collaboration, commitment and consistency emerged as key themes when the Net Zero Carbon Events initiative launched its Roadmap at the United Nations Climate Change Conference, COP27, in Sharm El Sheikh, Egypt.
Choice Hotel Asia Pacific Q3 results forecast strong growth for hotel industry
Development opportunities are strong as Choice Hotels Asia Pacific continues to outpace market RevPAR in Q3
YASA Dubai joins forces with the Guardian for World Cup travel packages
YASA Dubai, a leading management company based in Dubai, in the United Arab Emirates, has extended its FIFA World Cup Qatar 2022 all-inclusive travel packages to Nigeria through its partner The Guardian Group (www.Guardian.ng), owners of The Guardian Newspapers, Guardian TV, and GDN Studios.
European tourism resilient in face of low consumer confidence
Europe is expected to recover close to 75% of 2019 travel volumes by the end of 2022
Challenging economic backdrop will lead to a difficult winter for the tourism sector in Europe
Transatlantic travel gets a boost in 2022, spurred by a stronger dollar against key European currencies
