Coming off of one of the strongest years on record, the REIT market is relatively well placed despite the recent volatility.
New report on best practices for short-term rentals
The World Travel & Tourism Council has launched a new ground-breaking report that outlines recommendations and best practices for jurisdictions to manage short-term rentals.
Tripadvisor to display Hotelstars Union star ratings in 18 European countries
Tripadvisor, the largest travel guidance platform in the world, will display the official star ratings, classified and audited by the Hotelstars Union, in eighteen European countries.
Tourism statistics inform UN reports on sustainable development
A United Nations global assessment of progress towards the Sustainable Development Goals makes clear the important role that tourism must play in achieving the ambitious agenda for change.
Riyadh hotels reported higher occupancy in June
Riyadh’s hotel industry reported higher occupancy than the month prior, but lower room rates.
U.S. hotel results for week ending 9 July
As expected on the negative side of a holiday calendar shift, U.S. hotel performance came in lower than the previous week.
London hotels post record-breaking room rates
London’s hotel industry reported its highest monthly room rates on record.
Baird/STR Hotel Stock Index fell 19.3% in June
Year to date through the first six months of 2022, the stock index decreased 21.6%.
Melbourne hotel performance improved in June
Melbourne’s hotel industry was back on the recovery track with higher performance from the prior month.
Airlines slow European travel recovery
Chaos at many European airports is likely to hinder growth as queues and cancellations are quickly becoming air travel norms.
