Lodging Econometrics (LE) has released its bi-annual Global Construction Pipeline Trend Report, which compiles the construction pipeline counts for every country and market around the world, states that the total global construction pipeline stands at 12,839 projects/2,158,422 rooms which are at all-time highs. The construction pipeline is up an extraordinary 86% by projects over the cyclical low established in 2011 when global counts were at 6,907 projects/1,257,296 rooms.
Year after year, this event brings together a strong showing of hotel owners, operators, developers, investors, managers, and employees, as well as experts in government affairs and others interested in the lodging industry.
Nairobi market shows signs of recovery – Manama reaches highest August occupancy since 2008
Rio de Janeiro posts ADR and ADR growth for fourth consecutive month – Panama City experiences lowest August occupancy
Micro apartments have cropped up in dense cities across the globe, from New York to Beirut. The average unit is between 300-400 square feet, or around the size of an average one-car garage. While it might sound cramped, they have been praised as one way to stem a mounting housing crisis.
The webinar 'Why You Should be Listening to What Your Voice Agents are Saying to Real Callers' will take place at 11:00 am CDT on September 26th, 2018.
Jakarta posts record-breaking performance with a boost from the Asian Games – Tokyo performance levels helped by inbound tourism
While every hotelier can and does analyse every visit and purchase on their own branded web sites, how much visibility do they have into their indirect sales channels? With todays aspirations to reduce distribution costs, while maximising the number of searches into conversions – are Hoteliers missing a vital trick when it comes to managing their API traffic?
As I often say in my conference presentations and training sessions, voice reservations is the forgotten distribution channel, at least at most hotels these days.
Berlin breaks August performance records – Paris experiences double-digit performance growth