Hotel News & Updates Journey Trade’s Hospitality News In Asia Pacific: Journey Weekly Asia
Nevertheless, the U.S. hotel industry is expected to deliver strong efficiency in 2024, with year-end RevPAR forecasted to be up 18.1% from 2019. Look for urban markets to paved the way and appeal to elevated investment, with major markets, corresponding to Chicago, Los Angeles and New York City, to drive transaction activity. The historic name will quickly adorn a collection of luxurious hotels, trains and tremendous yachts. India’s hotel market is looking promising with 155 projects and 23,546 keys beneath development, in accordance with our figures.…