2009 has been a difficult year for the Indian hotel industry; hurt by the worst-ever economic crisis and the unfortunate terror strike on Mumbai, the industry was brought to a grinding halt. This article seeks to ‘look back’ at the year gone by.
As Indian hotels smarten up for business this winter, we look at some pricing trends that can be put to practice to allow recovery in business volumes and improved occupancy performance.
HVS Hodges Ward Elliott has analyzed the major fundamentals of the hotel industry and current trends in other sectors of commercial real estate to determine how investors can capitalize on the current market.
An overview of the Kuwait hotel market
A mix of cultural and commercial projects continues to steer businesspeople, tourists, and conventioneers toward Cincinnati, giving area hoteliers some hope in the tough economy.
This article articulates a framework for recovery of the tourism industry from the shadow of terrorism through a three-pronged strategy: safety, image change and domestic tourism promotion.
Tim Smith, a director with HVS's London office, describes his ten wishes for the UK hotel industry in 2009
The lending climate in the U.S. will remain tough as we head into 2009, but certain opportunities lie in wait.
In the aftermath of the carnage in Mumbai, there are critical lessons to be learned. This article advocates for a disaster management plan to be consciously integrated into the Indian Hospitality industry.
Business growth is in league with happenings on the hotel front to help forge new promise for this evolving city.