Articles tagged “occupancy”

Hotels

India Daily: Hotels to Attract $2.3 Billion Investment in Next Few Years

India’s booming aviation market coupled with sustained economic growth have made global hospitality titans check into the country with a robust pipeline of hotels over the next five years.

Amrita Ghosh | 1 week ago

India Daily: Hotels to Attract $2.3 Billion Investment in Next Few Years

Tourism

India Daily: Asia’s Top Source of Travelers in 2022 Was India

Record aircraft orders show investor faith in the potential of India’s outbound tourism. The smartest destinations will warmly welcome to the rising wave of Indian travelers. Easing visas is one key step (hint, hint).

Amrita Ghosh | 1 month ago

India Daily: Asia’s Top Source of Travelers in 2022 Was India

Tourism

India Daily: Hotel Occupancy to Improve to 66 Percent in 2023

Strong leisure travel demand and resumption of international flights have been instrumental in reshaping the fortunes of the hospitality sector. But will the trend continue?

Amrita Ghosh | 1 month ago

India Daily: Hotel Occupancy to Improve to 66 Percent in 2023

Hotels

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Americas' share of global accommodation revenue witnessed an increase during the pandemic given its very large domestic travel market. The dynamics are expected to change when travel restrictions in China wane, and its large domestic travel market flourishes again.

Varsha Arora, Skift Research | 9 months ago

Global Accommodation Revenue in 2022 is 95 Percent of 2019

Hotels

Global Accommodation Sector Market Estimates 2022: New Skift Research

The global accommodation sector is witnessing a fast-paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. A closer look into the industry performance shows interesting variations in the pace of recovery as we review regions and sub-sectors.

Varsha Arora, Skift Research | 10 months ago

Global Accommodation Sector Market Estimates 2022: New Skift Research

News Blog

U.S. Short-Term Rental Nightly Rates Push Even Higher in Record Summer

Despite the fears of recession and soaring fuel prices that have retreated somewhat in recent weeks, average daily rates for short-term rentals in the U.S. this summer jumped 7 percent year over year — and that's nearly 30 percent higher than the summer of pre-pandemic 2019. Airbnb short-term rental stay. Source: Airbnb Those conclusions were…

Dennis Schaal | 11 months ago

Hotels

Accommodation Sector in 70 Percent of Asia Pacific Countries on Track for Full Recovery in 2022

With China’s ongoing Covid crackdowns halting its almost-there recovery, the accommodation sectors of other APAC countries are expected to gain market share in 2022.

Varsha Arora, Skift | 11 months ago

Accommodation Sector in 70 Percent of Asia Pacific Countries on Track for Full Recovery in 2022

Hotels

How the Asia Pacific Accommodation Sector Is Evolving: New Skift Research

The accommodation sector in APAC is witnessing a fast paced recovery with 2022 revenue levels not far from reaching pre-pandemic levels. However, composition of the industry remains unclear with short-term rentals revenue share decreasing in 2022.

Varsha Arora, Skift Research | 11 months ago

How the Asia Pacific Accommodation Sector Is Evolving: New Skift Research

Hotels

Short-Term Rentals Gain Big Share on Hotels in Europe’s Shifting Lodging Sector

The pandemic boosted the growth of the already flourishing short-term rentals sub sector of the European accommodation market. It is still to be seen how the various sub sectors will compete to define the market landscape.

Varsha Arora | 1 year ago

Short-Term Rentals Gain Big Share on Hotels in Europe’s Shifting Lodging Sector

Hotels

How Europe’s Lodging Sector Is Being Reshaped: New Skift Research

The composition of the European accommodations sector has drastically changed over the last decade with short-term rentals gaining a substantial share. The next few years will be very crucial in shaping the sector in the region with respect to market dynamics.

Varsha Arora, Skift | 1 year ago

How Europe’s Lodging Sector Is Being Reshaped: New Skift Research