Category Archives: Money

Qatar firm eyes $500m spend on Turkish dry hotels


Nov 27, 2011    Arab tourists in Turkey A Qatar-based hospitality company is set to invest at least $500m in Turkish hotels operating under Islamic traditions. Semi state-owned Retaj Marketing and Project Management is looking to build multiple hotels to … Continue reading

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STR Global’s Market Forecast is projecting mostly year-on-year improvements in revPAR


STR Global’s Market Forecast is projecting mostly year-on-year improvements in revenue per available room for the remainder of 2011 with some slowdown expected in 2012 for the 45 markets available. The gains will be led mainly through increases in rate … Continue reading

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Hotel lending still sluggish during 2011


Article by: Jane Larkin Managing Director of Larkin Hospitality Finance In the early part of 2011, hotel lending had not returned in earnest even with the improvement in hotel fundamentals. Today, more lenders are actively engaged in hospitality lending, but … Continue reading

Posted in future strategy, hospitality, Hospitality Consulting, Investors, Money, New Trend, STR | 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

Caribbean luxury hotels: Rates averaging 17% higher than 2010


By Barbara De Lollis, USA TODAY Plan to stay in a luxury hotel in the Caribbean this winter? If so, expect to pay more than last year. A night in an average luxury room, so far, is running $395 a … Continue reading

Posted in future strategy, general, Global, hospitality, Hospitality Consulting, Hotel, hotel experience, hotel industry, Hotel Owners, Management, Money, New Trend, News, resort, social media, STR, Traveller, USA, world of wellness | 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

Tapping The Chinese Tourism Opportunity


Chinese tourism is blossoming in the U.S., growing by more than 50% in just the last year. What can hoteliers and hospitality professionals do to reap the rewards from this demand? Many in the tourism industry recall the inrush of … Continue reading

Posted in Asia, Asia Pacific, China, Consulting, data, development, Economy, fresh from the press, future strategy, general, Global, hospitality, Hospitality Consulting, Hotel, hotel experience, hotel industry, Hotel Owners, HVS, Investors, Management, Money, New Trend, News, resort, revenues, sales, Studies, Traveller, Uncategorized, wordpress | Tagged , , , , , , , , , | Leave a comment