Group demand remains steady throughout Raines' Southeast US hotel portfolioRaines, a South Carolina-based hotel management company, has seen steady corporate and group demand to start the year across its hotel management portfolio in the Southeast U.S. Leisure demand has similarly remained elevated.
European resorts come of age as owners get creative to drive asset valueResorts have transformed from being on the fringe of the hotel industry and at a lower common denominator, with owners and operators now seeking a myriad of ideas and solutions to add value, experience, seasonality and — ultimately — average daily rate and the bottom line.
CoStar World News for April 10Luxury travelers boost Thailand resort island’s tourism; Universal plans first European theme park in UK; French property investment rises