Many long-term owners are holding onto their properties even as investors are queuing to buy their assets.
Mobile messaging among travellers on the rise
Younger travelers – millennials aged 18-34, but also 35-44 year olds – are driving the use of mobile messaging.
Fear of Zika virus linked to poor performance of Caribbean hotels
Compared with the April year-to-date period of 2015, the Caribbean’s occupancy fell 3.0% to 72.9%
As current cycle matures, hotel RevPAR growth decelerates: PwC
Occupancy levels at US hotels have begun to stabilize after reaching peak levels in 2015, according to the lodging forecast released by PwC US.
Top 10 international destinations for the season
Protravel International has announced its top ten international destination rankings for summer travel based on its agents’ actual bookings.
Planet Hollywood introduces new luxury brand – ph Premiere
To be developed by Azzurra Development, ph Premiere Resort-Residences Orlando will offer a mix of accommodations and condo-hotel residences encompassing a total of 547 keys.
TripAdvisor and Google Play Music team up
The new feature aims to transport travellers to their destination of choice via locally-themed playlists.
New Burj Al Arab Terrace opens as most ambitious project since the hotel creation
The private 10,000m2 outdoor luxury leisure facility stretches 100m out into the sea and is home to Scape Restaurant & Bar, two pools, dedicated butler-serviced cabanas, and a beach area with luxury day and sunbeds.
‘Experience Hunters’ prepared to sacrifice material goods to experience the new and unique
UK research also reveals that more than half (54 percent) of the population have a bucket list, with nearly a quarter (23 percent) aiming to tick theirs off by the time they reach 50.
Zoku, new work-meets-play hotel concept, opens in Amsterdam
The home-office hybrid is suitable for long stays, with the services of a hotel and the social buzz of a thriving neighbourhood.
