HOTEL RATES IN RUSSIA INCREASED SHARPLY

From the summer of 2022 to the summer of 2024, accommodation prices in Russian hotels significantly increased. The most substantial price hikes were observed in four- and five-star hotels, particularl...

THE LUXURY TOURISM SECTOR IN MEXICO BOOSTS THE REAL ESTATE MARKET

Laura Loss -
Mexican luxury tourism has been growing considerably over recent years, driven largely by the demand for unique hotel stays from affluent foreigners. The Association of Real Estate Developers (ADI) re...

HOTEL ROOM RATES IN TURKEY DECREASED

Laura Loss -
Turkey's average daily hotel room rates decreased by 1.5% in September 2023, compared to the same period last year, amounting to 139 Euros. However, it increased by 16% from January to September 2023,...

INFLATION DAMPENS TOURISM OUTLOOK IN SPAIN

Cecilia Garland -
According to data from Simon-Kucher consultancy, hotel rates in Spain are expected to increase by over 20% during the long Christmas weekend on December 9 compared to last year. Despite prices having ...

HOTEL PRICES IN JAPAN CLOSE TO 30-YEAR HIGH

Laura Loss -
Hotel prices in Japan surged to a nearly three-decade high in March, a direct result of the cheap yen and the cherry blossom season luring a record number of tourists. The average cost of a hotel room...
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