HOTEL SECTOR IN PORTUGAL - REVENUES WENT UP 24%

Laura Loss -
Throughout the third quarter of this year, the hotel sector in Portugal has achieved a revenue increase of 24.4% compared to the summer of 2019, the reference year before the Covid-19 pandemic, accord ...

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. ...

CUBA: OPPORTUNITIES FOR FOREIGN INVESTORS IN LUXURY HOTELS CONSTRUCTION

Joe McClain -
Cuba's tourism industry expanded its offer to foreign investors with 106 projects, 27 of them for founding joint ventures with the island state, 65 hotel contracts and 9 for management and marketing a ...

MORE FACE-TO-FACE MEETINGS EXPECTED NEXT YEAR

Nils Kraus -
Managers responsible for meetings and events expect that in 2023 the number of conferences with face-to-face meetings will increase. This is a key finding of the 12th edition of American Express Meeti ...

NEW YORK HOTELS PACKED AFTER AIRBNB COLLAPSE

Laura Loss -
In December of 2023, hotels in New York City experienced a strong recovery, with the highest occupancy rate of any top 25 U.S. city at 86.6%. The average daily hotel rate in the city also saw a signif ...