CBRE raised forecast for 2022 ADR, Occupancy and RevPAR to reflect the stronger-than-expected fundamental performance in the fourth quarter.
The US lodging industry appears to be at an inflection point, driven by a combination of decelerating demand as well as continued economic and global trade risks.
Franchising as a means of expansion is gaining popularity across Europe’s hotel sector as the big brands seek to move into new markets to drive growth, according to a new report from global hotel consultancy HVS.
According to a new US study, only 29% of hotel guests experience “better-than-expected” quality of sleep. But 78% guests who do experience “better-than-expected” sleep at a property report that they “definitely will” return.
As the largest-ever version with 700 pages, the directory features properties in 103 countries alongside 52 pages of exceptional experiences. @Virtuoso
Hotel trends continue to change tremendouslyÊprimarily because the preferences of a modern day traveller have evolved drastically. Today, hotel design can make or break the reputation of your hotel. This has made it more challenging for the hotel owners to achieve that elusive customer delight.Ê