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Hotel development pipeline in Mexico healthy   25 Nov, 2015

Mexico’s national tourism board predicts that, by 2024, the country will have to build an average of 180,000 new rooms to meet demand. Supply growth is expected be 1 percent to 1.5 percent during the next two or three years, which is below long-term additions to supply as a percentage of growth.More>>

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Mexico national bank lends for Riviera Maya development   20 Nov, 2015

Already more than 2,000 new hotel rooms have been added to the Riviera Maya region in Mexico in 2015 and, now, The Bank of National Foreign Trade is currently signing further loans to ensure funding for more and new development in the region.More>>

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Better airlift, luxury slowdown, cited for mid-market brand boom in India   16 Oct, 2015

India has long been known as a country with some of the most opulent palace hotels in the world. But as traveler tastes change and the country's infrastructure and airlift improves, mid-market brands are moving in. More>>

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Record visitor numbers, country's popularity draw international hotel companies to Germany   1 Oct, 2015

A number of hotels, including IHG, Hilton Worldwide and Meliá Hotels International, are basing a good portion of their growth on Germany. In fact, Germany has become the most important growth market in Europe for Meliá, behind only its home country of Spain. The hotel industry's growth in Germany...More>>

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Panel: Dubai ready for boutique development   1 Oct, 2015

Dubai is ready to explore the boutique hotel sector with some areas of the emirate ripe for this niche, according to experts on a panel at The Vision Conference. Despite the fact that the cost of building a hotel in Dubai can be a challenge, there's massive potential, they said.More>>

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Russia lags in World Cup hotel room construction   30 Sep, 2015

A lack of hotel accommodation for guests, teams and officials is a major problem facing 2018 World Cup organizers. Four of the 11 host cities - Volgograd, Rostov-on-Don, Saransk and Nizhny Novgorod - are behind on plans to increase hotel accommodation in time for the tournament.More>>

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Amid brand refresh, Best Western deepens reach into midscale space   29 Sep, 2015

Best Western’s annual conference in Honolulu delivered change and addition to its members with the announcement of new branding and logos, and a new boutique midscale brand. Here’s an in-depth look of what went down as Best Western seeks to deliver on its strategy through 2015 and beyond.More>>

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China's Dalian Wanda to expand tourism offerings   29 Sep, 2015

Chinese property conglomerate Dalian Wanda group plans to expand its holdings in China, investing heavily in shopping malls and at least one tourism resort. The plan is part of a company effort to tap into a booming tourism industry. Dalian Wanda chairman Wang Jianlin said his aim is to...More>>

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Taiwan’s Asian tourism boom driving hotel investment   29 Sep, 2015

With beautiful beaches, towering mountains, convenient bullet trains, a world-class culinary scene and a weak currency, Taiwan is attracting more tourists than ever, with the lion’s share coming from neighboring Asian countries. Growth in the number of tourists is driving hotel investment, with...More>>

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APAC to draw more foreign capital as barriers to entry fall   24 Sep, 2015

Supported by international investors continuing to diversify their real estate portfolios, Asia Pacific has recorded a steady flow of international capital, with investment turnover increasing by 9 percent year-on-year to US$13 billion in H1 2015, according to CBRE’s Asia Pacific Investment Guide...More>>

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