Richmond was recently rated among the world’s top tourism destinations, and leisure demand remains a pillar of the city’s hotel industry. Corporations, government institutions, and conventions are also driving occupancies and interest in new supply.
The publication continues to serve owners as a reference for which operator has a strong presence in their home market and in potential future markets further ashore as well as key feeder markets across the region.
In recent events, including the highly contentious highway liquor-ban and the just declared Good & Services Tax by The Government of India, it appears that the Hospitality business has been extended the second fiddle treatment.
This article provides a market snapshot of Tuscany, Italy. Tuscany represents one of the most established touristic markets in Europe and the third most visited region in Italy, widely known for its landscapes, traditions, history and artistic legacy
The region continues to face distraught; dwindling economic conditions, changing demographics and source markets, and a saturation of luxury hotels pose an opportunity for developers to build mid-market.
AlixPartners, AM:PM and HVS have published the Q1 2017 Hotel Bulletin. The Hotel Bulletin analyses demand, supply pipeline and transactions in the hotel market in 12 cities across the UK. Includes a focus on branded hotel supply in the UK.
After recovering from an influx of new supply followed by the recession, hotel developers are looking again at Reno. New start-ups and business expansions have also stoked interest in non-gaming hotels in this historically casino-centered market.
Three distinct but adjacent markets in Minnesota account for well over half of all hotel business in the state. Driven by strong performance and growth in demand, hotel supply in Minneapolis, St. Paul, and Bloomington is on the rise.