Rydges North Sydney was Acquired by High Street Holdings for AUD75 Million.
Recovery gains momentum as restrictions ease and confidence grows
According to the latest UNWTO World Tourism Barometer, international tourism saw a 182% year-on-year increase in January-March 2022.
STR, TE upgrade forecast to full U.S. RevPAR recovery in 2022
On a nominal basis, the metric is now expected to surpass 2019 levels in 2022.
U.S. hotel profitability surpassed 2019 levels for second consecutive month
U.S. hotel GOPPAR exceeded the pre-pandemic comparable for a second consecutive month.
Hong Kong’s co-living sector gains appeal
Hong Kong’s co-living sector may see increasing new entrants while existing players continue to expand to secure their share.
U.S. hotel results for week ending 28 May
U.S. hotel performance dipped slightly from the previous week.
Sydney hotels led April profitability recovery in APAC
Among key hotel markets in the Asia Pacific region, Sydney’s GOPPAR level came closest to its 2019 comparable.
Travel Study: Did the pandemic make us live like we’re dying?
Since tourism’s rebound, how have people traveled differently, how will they travel differently?
2Q-2022 Hotel Industry Outlook and Market Intelligence Reports
The U.S. economy and hotel industry are facing a variety of uncertainties. We attempt to incorporate all of these risks into our national and market level outlooks.
India tourism to surpass pre-pandemic levels this year
Travel & Tourism’s GDP expected to outpace India’s economy over the next 10 years.
