PRIME SPANISH TOURIST DESTINATIONS ATTRACTED 86% OF HOTEL INVESTMENT

Five 'prime' tourist destinations – Madrid, Barcelona, Balearic Islands, Costa del Sol and Canary Islands – have accumulated a total of 1.3 billion euros in hotel investment in the first half of the y ...

HOTEL INVESTMENT IN SPAIN EXCEEDED PRE-PANDEMIC LEVELS BY 35%

Larry Brain -
The hotel investment in Spain reached €3.19 billion in 2021, 35% above the 2019 level and triple the 2020 figures, according to the latest report from Christie & Co. However, it is still far from the ...

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, ...

UAE TO LEAD THE GLOBAL TOURISM SCENE IN THE FIRST HALF OF 2023

Justin N. Froyd -
During the first half of 2023, the UAE led the international tourism scene. It maintained its regional and global leadership as a destination and preferred place to visit, live and work. ...

POST-PANDEMIC TOURISM: TRAVELERS PREFER MINIMIZED CONTACT WITH THE STAFF

Richard Moor -
The Oracle and Skift report reveals that 40% of executives surveyed believe that the future of hotel management will be based on an unbundled model, like that of airlines. ...