Category Archives: Economy

War-torn Libya welcomes new tourism possibilities


Dec 5, 2011  The end of the 42-year Gaddafi era brings opportunities for war-torn Libya’s tourism sector according to a report from Euromonitor International. Prior to the conflict in 2010 arrivals to Libya reached just 1,245 thousand trips. The vast … Continue reading

Posted in Africa, Business, construction, Consulting, Developers, Economy, EMEA, Expansion, fresh from the press, future strategy, Hospitality Consulting, Hotel, hotel industry, Hotel Owners, Investors, Management, New Trend, News, Real estate, Traveller | Tagged , , , , , , | Leave a comment

38.6% of investors across the globe indicated a ‘buy’ strategy for the next six months


The Middle East showed one of the largest market growths in investor ‘buy’ sentiment alongside Europe and Africa, while in the Americas ‘buy’ sentiment decreased slightly but remains the highest out of the countries, according to the firm. The firm’s … Continue reading

Posted in development, Economy, EMEA, future strategy, general, Global, hospitality, Hotel, Hotel Owners, invest, New Trend, project, Real estate | Tagged , , , | Leave a comment

EMEA zone sees increasing assets in administration


Jones Lang LaSalle Hotels released its second quarter statistical analysis of the global hotel investment market, which revealed that US $14.8 billion in hotel assets changed hands in the first six months of 2011. Compared with the same period last … Continue reading

Posted in Africa, Asia, Asia Pacific, data, Economy, Expansion, fresh from the press, future strategy, hospitality | Tagged , , , , | Leave a comment

World’s 10 most expensive cities for a hotel stay


Article by: Hogg Robinson Group Good news for some hoteliers, bad news for travellers on a budget; international corporate services company Hogg Robinson Group (HRG) has reported a 4% rate growth for hotels around the world in the first half … Continue reading

Posted in Africa, Asia, Asia Pacific, Australia, Business, CEO, China, data, Economy, EMEA, fresh from the press, froehli, future strategy, Global, Hotel, hotel industry, invest, Investors, macro, Management, Money, New Trend, News, suisse, svizzera, Swiss, Switzerland, USA, zurich | Tagged , , , , , , | 1 Comment

Abu Dhabi room rates drop nearly 15% this year


Article by: Louise Birchall Two years ago Abu Dhabi was the world’s second most expensive city for hotel rooms, but declining rates have seen the emirate drop to 24th place this year. Average hotel room rates declined by nearly 15% … Continue reading

Posted in Business, data, Economy, EMEA, fresh from the press, future strategy, Hospitality Consulting, Hotel, hotel industry, Management, Money, New Trend, News, revenues, sales, Studies, wordpress | Tagged , , , , , | 1 Comment

ITB Asia 2011 announces largest ever conference programme.


Friday, 2nd September 2011 Source : Messe Berlin (Singapore), organiser of ITB Asia Enhanced knowledge platform and increased networking opportunities at the trade show for the Asian travel market. Messe Berlin (Singapore), organiser of ITB Asia, ‘The Trade Show for the … Continue reading

Posted in Asia, Asia Pacific, Australia, Brand, Business, China, Consulting, Developers, development, Economy, eMarketing, EMEA, fresh from the press, general, Global, hospitality, Hospitality Consulting, Hotel, hotel industry, Hotel Owners, ITB, Japan, MALAYSIA, Management, New Trend, News, online, operation, resort, revenues, sales, social media, Travel Show, Traveller | Tagged , , , , , , , | Leave a comment

Amex OPEN to launch online travel booking platform.


Friday, 2nd September 2011 Source : American Express   New first-of-its-kind platform levels the playing field for entrepreneurs by offering lower rates on airline, car rental and hotel. American Express announced the impending launch of a new online travel solution … Continue reading

Posted in Brand, Business, Economy, fresh from the press, future strategy, hospitality, Hospitality Consulting, hotel industry, Management, Money, new technologies, New Trend, News, reservation systems, Traveller, Uncategorized | Tagged , , , , , , | Leave a comment

The August 2011 edition of the Asia Pacific Economic Outlook gives a near-term outlook for China, Japan, Malaysia, Taiwan and Vietnam. The August 2011 edition of the Asia Pacific Economic Outlookgives a near-term outlook for China, Japan, Malaysia, Taiwan and … Continue reading

Posted in Asia, Asia Pacific, Australia, Business, China, Consulting, data, Economy, fresh from the press, future strategy, Japan, MALAYSIA, Money, New Trend, News, project, Real estate, Studies, Taiwan, Uncategorized, USA, VIETNAM | Tagged , , , | Leave a comment

Global Real Estate Markets on Recovery Path During the Second Quarter


Jones Lang LaSalle’s new Global Market Perspective, which assesses the impact of economic forces on the world’s major real estate markets quarterly, reveals that despite some economic uncertainties global real estate markets have continued on a resilient recovery path during … Continue reading

Posted in arcitect, Asia, Asia Pacific, Australia, Business, China, construction, Consulting, data, Developers, development, Economy, Expansion, financing, fresh from the press, Global, hospitality, Hospitality Consulting, Hotel, hotel industry, Hotel Owners, Investors, macro, Management, micro, Money, New Trend, News, Real estate, Uncategorized, USA | Tagged , , , , , , , | Leave a comment

A mid-year review of hotel finance


Article by: Jane Larkin Overall financial outlook As expected, the U.S. economy continues its slow recovery. Business spending, which had picked up, has recently slowed due to rising energy costs and concerns about a weakening global economy. Kiplinger’s 21 May … Continue reading

Posted in Business, data, Developers, development, Economy, financing, fresh from the press, future strategy, hospitality, Hospitality Consulting, Hotel, hotel experience, hotel industry, Hotel Owners, macro, New Trend, News, revenues | Tagged , , , , | Leave a comment