Luxury, Wine and Remote Destinations Drive Peak Tourism in Portugal
Record Hotel Performance Draws Investors to Projects Across the Country
Tourism demand for Portugal has reached record highs in 2023, and the country's economic growth forecasts have risen as a result.
New Life in Luxury Segment Propels Recovery of Portugal's Hotel Industry
Portugal Hotels on Track To Recover to Pre-Pandemic Performance Levels by 2023
Improving trends in performance, as well as a slate of luxury hotel openings in the country, have given tourism officials in Portugal confidence that travel and hospitality revenue...
Kerten Hospitality Pushes To Rapidly Expand 'Community-Driven' Portfolio
Focus Will Create Communities Around Hotels To Benefit Guests, Owners, Locals
Kerten Hospitality’s focus is to create mixed-use hospitality destinations that add to the communities of their locations, and its next step is to formalize its environmental and s...
Phuket’s Inbound Tourism Strategy Offers Hope For Thai Hoteliers
Hoteliers in Phuket Know Sustainable Initiatives Are Needed to Boost Traveler Confidence
After more than 15 months cut off from international tourists, hoteliers in Phuket are getting a glimpse of what recovery could look like.
UK Travel Policy Changes Lead to Upheaval for Portuguese Hoteliers
Country's Status on United Kingdom's Green List Revoked After Two Weeks
When Portugal was added to the United Kingdom’s "Green List" — an approved list of international destinations in which travelers did not have to quarantine on their return — on May...
Hoteliers Get Clever on Design, F&B to Boost Co-working
As hotel groups realize the revenue-generating potential of the remote workforce, co-working is creeping into hospitality, but getting it right means not only physical changes but a complete mind-set shift for operators and guests.
GLOBAL REPORT—After a decade of watching from the sidelines, the hotel industry has started showing concrete interest in co-working, for which demand grew by 19% last year in globa...
Prime Assets Propel Investors’ Appetite for Budapest
As hotel performance improves and competition intensifies, developers and operators are keen to come to Budapest, fueling investor interest. However, business model and labor shortage challenges remain.
REPORT FROM BUDAPEST—After some tough years following the Great Recession, Budapest’s tourism sector has gone from strength to strength, sources said.
What Mövenpick Has Planned as Part of AccorHotels
The Swiss hospitality firm will contribute “Swissness” and technology innovations, while new owners AccorHotels will enhance Mövenpick’s growth in markets, including throughout the Asia/Pacific region.
BAAR, Switzerland—Mövenpick Hotels & Resorts’ growth strategy now has all the fuel it needs.
Soft-brand Growth Hinges on Push Into More Segments
Soft brands have seen impressive growth and performance since the concept launched almost a decade ago. As the sector expands to target properties at lower price points, it’s set to continue on the same trajectory.
GLOBAL REPORT—Since Choice Hotels International pioneered the soft brand in 2008 with its upscale Ascend Hotel Collection, the sector has been on a steady upward trajectory.
6 Ways to Prepare for the Next Downturn
Although the good times are here for the hotel industry, the upswing can’t last forever. Are you ready for the next downturn?
GLOBAL REPORT—Good times continue to roll for the global hospitality sector with growth in the travel and tourism industry expected to increase by 3.9% this year, according to Ern...
Global Developer Interest Swells in Vietnam
A growing economy and diversified tourism base in Vietnam are drawing increased interest from investors the world over.
GLOBAL REPORT—Vietnam is growing into a much larger blip on the radar that’s drawing hotel investors and developers from around the world.
In the past three years, hotel occupan...
Best Western GB: Quality Better Than Quantity
According to CEO Richard Lewis, the company’s growth is largely due to an increased focus on quality, something he is determined to move forward even further.
YORK, England—This year has seen Best Western Great Britain experience a five-year high, with double-digit revenue growth over five consecutive years and room stock rising more th...
Traditional PR Still Drives Bookings
Social media might have changed the marketing game, but traditional public relations campaigns should not be forgotten, sources said.
GLOBAL REPORT—Social media, review sites and online travel agencies have transformed hotel marketing, completely revolutionizing the way operators connect with their customers, bu...
Recruitment Shifting to Social Media, Mobile
Human resource professionals are following the next wave of job candidates online by developing social media pages and mobile platforms that expedite the application process.
GLOBAL REPORT—Traditional recruitment routes are by no means defunct, but hotel groups looking to attract a new generation of candidates must explore a range of social media platf...
Chinese Brands Follow Travelers Overseas
The rapid growth of Chinese outbound tourists is leading domestic hotel groups to embark on global expansion.
REPORT FROM CHINA—As global hotel chains move into China, their Chinese domestic counterparts are following the soaring number of outbound tourists by expanding beyond the country...
Economic Growth Prompts Asia Investment Boom
The Asian hotel sector is the strongest it’s been in five years, sparking a boom of investment in countries such as Singapore, Japan, Thailand and the Maldives.
GLOBAL REPORT—Economic growth, better airline connectivity and a growing middle class are contributing to an investment boom in Asia, which shows no sign of slowing during the next...
Hotel Development Takes Off in Thailand
Double-digit increases in demand are attracting hotel investors and developers to Thailand.
GLOBAL REPORT—Following several turbulent years—characterized by high-profile floods and political protests, which reduced both investor and visitor interest in the Land of Smiles—...
Travel Bloggers a Boon to Hotel Marketing
Several global hotel chains are partnering with travel bloggers who have emerged as an influential resource for consumers.
GLOBAL REPORT—Despite the recent blasting travel bloggers received on BBC’s “Fast Track” travel program for their lack of authenticity and eagerness to accept freebies, more and mo...
Domestic Demand Fuels Indonesia’s Budget Boom
A surge in demand for low-cost accommodation in Indonesia has kicked hotel development into overdrive.
REPORT FROM INDONESIA—A surge in demand for low-cost accommodation in Indonesia has sent hotel development in the country into a fever pitch, with a more than a threefold increase...
Social Media’s Complex Web in Asia/Pacific
Hotel marketers in the Asia/Pacific must balance their presences on a web of local and global platforms.
GLOBAL REPORT—While the likes of Facebook and Twitter dominate the social media spotlight in the U.S., Europe and even the Middle East, hoteliers are navigating a much more comple...