NEW YORK HOTELS PACKED AFTER AIRBNB COLLAPSE
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 ...
COLOMBIAN TOURISM EXPECTS A CONTINUING RECOVERY IN 2023
According to the National Statistics Department of Colombia (DANE), the hotel and restaurant sector closed in 2022, with a growth of 18.5%. In the first quarter of 2023, the year-to-year growth was 14 ...
SPANISH TOURISM EXPECTS A NEW RECORD YEAR IN 2023
According to the President of CEHAT (Spanish Confederation of Hotels and Tourist Accommodation), Jorge Marichal, while hoteliers in Spain are cautious about calling 2023 a record year, all the indicat ...
EU HOTEL SECTOR: OPTIMISM WITH WORRIES
The travel and tourism sector is a key driver of European economic growth and local employment, and after the tourism and accommodation sector plummeted due to the COVID-19 pandemic, in 2022 we have s ...
PORTUGAL: TOURISM REVENUES FROM OVERNIGHT STAYS INCREASED
Since February, Tourism revenues in Portugal slowed down, with the annual growth rate decreasing from 97.2% in January to 10.6% in July. ...
