News from
Australia's Travel & Tourism Sector Anticipated to Inject $315 Billion into Economy by 2025
2025-06-16 10:53:04| Hotel Resource
This figure represents an increase of nearly one&third compared to pre&pandemic levels, accounting for 11.4% of the nation's Gross Domestic Product (GDP).
Category:
Hospitality
LATEST NEWS
HVS Report & Navigating the Longer Road Back: The Recovery of Manhattans Hotel Market & By Roland DeMilleret and Patricia Shih
2025-06-13 09:52:14| Hotel Resource
The Manhattan market has been experiencing a prolonged post&pandemic occupancy recovery, despite strong ADR gains. Although legislative and supply changes should bolster this recovery, recent geopolitical factors and the tariffs and policy changes enacted by the new federal administration are expected to affect short&term hotel market trends. Our current demand forecast shows a full recovery beyond 2019 levels by 2027/28.
Category:
Hospitality
HVS Report & Strategic Differentiation and Value Creation: Takeaways from the 2025 BLLA Boutique Hotel Investment Conference & By Marcus R. Lee
2025-06-13 08:53:29| Hotel Resource
The 2025 Boutique Hotel Investment Conference by BLLA brought together hotel owners, investors, developers, advisors, and brands with a focus on independent, boutique, and lifestyle hospitality. This years panels and conversation centered around operational efficiency driving owners profitability and the renewed appetite for thoughtful, experience&driven hotel and F&B concepts. This article discusses our key takeaways from the conference.
Category:
Hospitality