Turkey’s hotel industry is grappling with a volatile economic landscape, with its hoteliers seeking to balance record-breaking tourism numbers with soaring operational costs.
The Hungarian hospitality industry is benefiting from its value positioning and broader visitor base, but future growth will depend on balancing affordability with rising costs, expanding demand ...
Following years of consistent growth, the hospitality markets in Moscow and St. Petersburg are expected to face stagnation in 2025 with investment activity nearing its lowest ebb.
Despite a solid rise in the number of foreign visitors, hoteliers in the three Baltic nations — Estonia, Latvia and Lithuania — have few reasons to celebrate this year, with the economic situation in ...
In 2024, the average occupancy of branded hotels in Almaty, the largest city in Kazakhstan, and Tashkent, the capital and largest city in neighboring Uzbekistan, set new records as governments ...
Egypt remains ahead of the curve in hotel development in Africa, and its government’s efforts to boost the flow of foreign visitors in the coming years could keep the country flourishing as a hub of ...
After a few difficult years full of challenges — including an economic crisis, a global pandemic and wildfires — Greece has reclaimed its status as one of the top tourist destinations in Europe.
Political tensions and economic turmoil have weighted heavily on the Iranian hotel sector. Despite this turbulence, hospitality in Iran is attracting investors, and hoteliers in the country are ...
The soaring popularity of the Baltic Sea coast propelled Poland’s hospitality industry in 2024 to nearly reach its pre-pandemic occupancy figures, according to sources.
Hoteliers in Bulgaria and Romania hope more tourists are drawn to visit the two southeast European countries now that it's a bit easier to travel to them.
Russia has spent more than two and a half years at war and in isolation from much of the Western world. While its hotels see a steady wave of domestic demand, Russia's hospitality industry is feeling ...
Average hotel occupancy in some regions of Turkey has fallen below expectations during its typically busy summer season, and hoteliers say inflation is to blame.
Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
The recovery of the hospitality industry in the Baltic countries of Estonia, Latvia and Lithuania has been among the slowest of the post-pandemic era in Europe, and some hoteliers are still ...
Several Central Asia countries — sometimes collectively referred to as The Stans — have rolled out ambitious tourism industry development programs, hoping the region can gain a foothold on the global ...
The almost complete absence of inbound Western travelers to Russia is having a marked impact on the Russian hotel industry, and the lack of demand now is just as devastating as it was during the ...
Greece and its surrounding islands in the Aegean, Ionian and Mediterranean seas, including the Greek-influenced part of Cyprus, have experienced a remarkable recovery from the pandemic, fueled by a ...
The hospitality industry in Central and Eastern Europe has felt only a moderate impact from the Russian travel ban and relative proximity to Ukrainian battlefields, though some resorts traditionally ...
Building a strong tourism rebound in 2021, hoteliers in Greece are prepared to compete with other Mediterranean destinations for tourists as the world opens up more to international travel.
December 31, 2025
November 13, 2025
