Lodging

The number of tourist arrivals to Singapore was moderate in 2019. However, competition for luxury hotels continues, due to new entrants, arising from the growing interest in acquiring sites for hotel use, conversion of commercial sites, and the ...

Hyatt is gaining value share in luxury hotels, in line with the luxury hotel market recording steady growth globally. Consumer preferences for luxury travel are shifting to more wellness experiences, where Hyatt has actively diversified its portfolio...

Lodging has surged in Italy, mainly via other lodging types and short-term rentals, with the expansion of players such as Airbnb. High sales are attributable to both domestic and incoming travellers and the interest in potentially paying less and ...

Despite facing volatile economic conditions and moderation in visitor numbers, hotels in the UK have experienced growth in 2019. Hotels have prospered with higher value sales, ADRs and an increase in room supply, which illustrates the industry’s ...

According to media sources, Slovenia posted a record number of overnight stays and tourist tax income in 2018. Increased tourism flows have translated into a higher number of overnight stays and continuous improvement of the country’s lodging sector....

Short-term rentals and luxury hotels are shaping the lodging environment in Western Europe. The affordability and flexibility of short-term rentals resonates with consumers, while luxury hotels are driven by the unique experiences and differentiation...

Lodging in Croatia continues to see strong foreign investment, supported by Croatia’s membership of the EU and the related development of new airline connections. More and more international hotel companies are opening outlets amidst significant ...

Among all types of hotels, luxury and upscale hotels continued to see the greatest outlet growth in 2019. The opening of luxury hotels occurs mainly in Metro Manila, driven by integrated resorts which house several international hotel chains. Resorts...

The growing aspirational nature of travel and the wide information available are encouraging consumers to look for personalised experiences; this has also reached lodging in Peru. A growing number of consumers, especially millennials, are looking for...

With the growth of tourism in Thailand, supported by government campaigns, lodging has continued to see strong growth in current value terms in 2019, with the number of hotels and rooms also rising. Bangkok remains the most popular destination in ...

Having seen a dramatic decline in 2018 as a result of the implementation of the new law relating to minpaku - private residences rented out as short-term accommodation by their owners – short-term rentals recovered strongly in 2019. However, the ...

Despite the decrease in travellers from other Latin America countries, 2019 was a successful year for luxury and mid-market hotels, who managed to maintain their occupancy rates by expanding their client base, focusing on business travellers....

Much new development at the luxury end of lodging in Taiwan came from domestic players in recent years. Nevertheless, international players have begun to address this gap, with the expansion of a number of international chains in Taiwan. Almost all ...

Hotel revenue continued to increase at double digit pace in Ukraine in 2019. Growing business and cultural activity in the country is supporting the development of hotels throughout the country. In addition, the holding of popular concerts by ...

The World Tourism Organization (UNWTO) is promoting tourism as a way of reducing poverty and inequality across the globe through the creation of jobs and new businesses. However, the organisation is also stressing the need for environmental awareness...

Increasing demand for upmarket lodging in Nairobi continues to motivate major international hotel brands to develop new properties in the Kenyan capital. With Hilton hotels having opened the doors of its brand new Hilton Garden Inn and Double Tree by...

Over the review period, Airbnb gained significant ground in short-term rentals and now dominates the category. Today’s tourists are increasingly opting for sharing-economy platforms over traditional hotels as a result of their affordability and the ...

Slovak lodging establishments continue to record steady current value growth, boosted by higher occupancy rates and average daily room rates. Growth is mainly being fuelled by positive development in terms of inbound and domestic flows, as well as ...

The shortage of available hotels in the Dublin positively impacts short-term rentals. Fuelled largely by the stellar growth of Airbnb in Dublin and Cork, short-term rentals is expected to perform well over the forecast period. After an explosion in ...

Short-term rental is a rising trend among local young people in Vietnam due to low cost. Moreover, an increasing percentage of foreign tourists are choosing to stay in short-term rentals rather than hotels – not necessarily because they seek more ...