Amid government claims of booming tourism revenue and occupancies, hoteliers say the Turkish hotel industry is unstable as operators face rising costs, high inflation and staffing challenges.
Green loans in the hotel industry are on a sharp upward curve in Australia as environmental, social and governance becomes more of a “prerequisite” and banks hold hoteliers to account for their ...
The national hotel rating system in France is so “minimalist and basic” that hoteliers can, with little effort required, earn extra stars in the hope of lifting room rates, according to the 34th ...
Across the European Union, regulators are taking a hard look for signs of greenwashing, or making false or misleading claims about a product, firm or business’ claims of environmental benefits.
France is cracking down on potential greenwashing in its hotel industry via its new “climate and resilience” law, making it mandatory for all tourist establishments to guarantee climate commitments.
Thailand welcomed 17.5 million foreign visitors during the first half of 2024, according to the country’s Ministry of Tourism & Sports, and hotel firms such as Hilton are taking notice.
SYDNEY — Nick Hill with CBRE Asia-Pacific did not sugarcoat regional market difficulties while speaking at Hotel Investment Conference Asia Pacific's Australia and New Zealand summit.
Approximately 1,200 miles north of Sydney lies Cairns, the “gateway” to the Great Barrier Reef and the World Heritage Daintree Wilderness. Cairns is a market that is once again blossoming, not so ...
SYDNEY — Market conditions are putting stress on hotel owners and operators in Australia, investment specialists said at the Australia-New Zealand edition of the Hotel Investment Conference ...
SYDNEY — While Australia waits for a comeback in international tourism, Sydney — the country’s top destination for locals and foreigners — is still performing well, according to hoteliers.