CORONA'S LOSSES IN BAVARIA DUE TO THE TOURISM DROP
A new detailed study commissioned by the Bavarian Ministry of Economic Affairs shows how much money the Bavarian economy has lost due to the tourism slump during the Corona pandemic. So-called total t ...
PROFITABILITY IN THE SPANISH HOSPITALITY SECTOR IS 6% BELOW THE 2019 LEVEL
According to the Spanish Hospitality sector Employers' Association, hospitality companies' profitability is still 5.9% lower than in 2019. They predict a successful summer in terms of turnover and emp ...
HOTEL INDUSTRY BUILDS A SUSTAINABILITY FRAMEWORK
Several hotel chains with 25,000 hotels in total, have launched an initiative to establish a common definition of hotel sustainability in order to boost responsible travel and tourism. ...
EVOLVING THE LUXURY HOSPITALITY SECTOR - KEY ASPECTS
According to JLL Hotels & Hospitality Group’s report, the luxury hospitality industry is expected to grow and transform. These are the top trends in the evolution of the luxury hospitality sector. ...
SAUDI ARABIA: 320,000 NEW HOTEL ROOMS IN DEVELOPMENT BY 2030
Saudi Arabia is planning to bolster its hospitality industry by constructing 320,000 new hotel rooms by 2030, as per the analysis conducted by global real estate firm Knight Frank. ...
