Overall, travel sentiment remains resilient in the face of ongoing challenges.
New report analyses critical factors for hotel investment post pandemic
The new report, ‘Critical Factors to Attract Hotel Investment’, highlights the importance of attracting capital investment to enable the Travel & Tourism sector’s full growth potential.
APAC leaders look to innovative and resilient tourism
Tourism leaders from across Asia and the Pacific have placed building resilience and embracing innovation at the heart of the sector’s restart and sustainable future.
U.S. hotel results for week ending 11 June
U.S. hotel performance jumped from the previous week, and revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis.
Berlin hotels post best performance since late 2019
Berlin’s hotel industry reported its highest monthly occupancy and room rates since late 2019.
Greater coordination between Caribbean governments needed
New WTTC report addresses challenges to facilitate growth and recovery of the sector in the region.
Jeddah hotels reported highest performance since September 2019
Jeddah’s hotel industry reported its highest performance levels since September 2019.
Portugal’s Tourism could surpass pre-pandemic levels in 2023
Growth rates in Travel & Tourism set to outstrip Portugal GDP at 3.4% per annum over next decade with some 200,000 new jobs.
Tourism set to inject over $2.6 billion into the U.S. economy over next decade
Revenue from Travel & Tourism will make up almost 10% of U.S. economy.
Sydney’s hotel industry showed steady occupancy levels in May
Sydney’s hotel industry reported steady occupancy, while room rates fell slightly from the prior month.
