Lodging

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 ...

Among the biggest challenges for hotel operating companies in Israel is the labour shortage that is affecting the country’s entire hospitality industry. In particular, hospitality work remains an unappealing option for the vast majority of local ...

The trend in the lodging category is in line with the growing trend of the travel industry as well as the nation’s economy. This category is considered promising, with domestic tourist guests driving growth and having the potential to register ...

Short term rentals saw double-digit current value growth in every year of the review period, which is believed to have hampered the growth of hotels. Airbnb is the most important booking platform in this segment. This strong growth encouraged the ...

With the number of domestic trips and inbound arrivals continuing to record solid growth rates in 2019, lodging continued to record strong growth in both current value terms and the number of new outlets being built. Improving occupancy rates are ...