The total hotel construction projects in the Middle East stand at 545 projects/140,055 rooms, up 3% by projects year-over-year (YOY).
Sustainable Tourism Market expected to grow USD 235.21 billion
Sustainable tourism market size is expected to grow by USD 235.21 billion at a CAGR of 9.72% during the forecast period.
TUI Group submits environmental targets for scientific validation
TUI group submitted its environmental targets for reducing emissions from its aircraft, cruise ships and hotels to SBTi for validation.
Europe continues steady increase in new hotel openings in 2022
Analysts report that at the close of the second quarter of 2022, Europe continues to show steady growth in new hotels opening in 2022.
Sydney has 10 spots named in the world’s best rooftop bars
A new report ranks the best rooftop bars in the world – Sydney has 10 spots in the top 200.
Tourism and hotel market in Indonesia to expand by $21.93 billion
The tourism and hotel market in Indonesia is poised to grow by $ 21.93 billion during 2022-2026.
Tourism sector gets ready to Celebrate World Tourism Day 2022
The countdown to World Tourism Day 2022 is now underway, with every part of the sector invited to be an active part of the celebrations.
China’s Hotel Construction Pipeline Hits Record High at Q2 2022
The latest Construction Pipeline Trend Report showed that the total China hotel construction pipeline stands at 3,693 projects/701,974 rooms.
U.S. hotel performance results for week ending 13 August
U.S. hotel performance results fell slightly from the previous week, but showed improved comparisons with 2019, based on STR‘s latest data.
The Baird/STR Hotel Stock Index jumped 14.3% in July
The Baird/STR Hotel Stock Index jumped 14.3% in July to a level of 5,158.
