72% of the projects in the Middle East are in the top three high-end chain scales of luxury, upper upscale, and upscale.
Real estate investment hits record as headwinds emerge
Pandemic-hit sectors like offices and retail are making a comeback.
Italy’s tourism could reach pre-pandemic levels next year
Almost half a million jobs could be created in Italy’s Travel & Tourism sector over the next decade.
France’s tourism could surpass pre-pandemic levels in 2023
Travel & Tourism growth expected to outstrip France’s GDP.
COVID-19 has spurred new consumer trends
Luxury travel market could see growth in 2022 says GlobalData.
Inflation and gas prices impact travel decisions more than COVID
New survey conducted by Morning Consult and commissioned by the American Hotel & Lodging Association.
U.S. hotel results for week ending 21 May
U.S. hotel performance improved from the previous week.
Europe’s hotel construction pipeline sees slight decline
According to Lodging Econometrics, Europe ends 2022’s first quarter with 11% decrease by rooms year-over-year.
Russo-Ukranian crisis has little impact on inbound travel sentiment to Europe
Intention for long-haul travel remains weak in key markets amid worsening economic prospects, COVID-19, and geopolitical shocks.
International code informs efforts to boost tourist confidence
Tourism leaders from the Americas have met to address the current challenges and opportunities around restoring confidence in travel across the region.
