U.S. hotel occupancy declined from the previous week, while average daily rate increased slightly.
Tourist boards look to national cuisine to rival other destinations
Many tourist boards are looking to differentiate themselves from rival destinations by focusing on their cuisine rather than traditional natural hot spots, cities, or coastal locations.
Shangri-La announces partnership with Make-A-Wish International
Shangri-La is proudly supporting Make-A-Wish International across the Middle East, Europe, India, the Indian Ocean, and Canada to help make every child’s wish come true.
London hotels saw highest occupancy of the pandemic-era in April
London’s hotel industry reported its highest monthly occupancy level since February 2020.
European tourism remain resilient amidst pandemic and geopolitical uncertainty
Domestic travel is projected to make a complete recovery in 2022, while international arrivals to Europe are forecast to be 30% below 2019 volumes.
Russia-Ukraine conflict will leave a void in this summer’s European travel market
According to GlobalData, Russia was the fifth-ranked country globally in terms of international departures in 2021.
UNWTO brings Tourism for Transformation to UN General Assembly
The United Nations General Assembly has met for a first ever dedicated session on tourism and its key role in inclusive recovery and growth.
Middle East tourism sector to create 3.6m jobs
Travel & Tourism GDP set to outstrip the overall economy for the next 10 years.
Baird/STR Hotel Stock Index rose 0.7% in April
Year to date through the first four months of 2022, the stock index increased 3.1%.
Latin America’s hotel construction pipeline
Latin America hotel construction pipeline is down 7% by projects and 11% by rooms, year-over-year at the end o Q1 2022.
