TripAdvisor announced the results of its annual summer travel survey of more than 1,800 U.S. respondents. Eighty-six percent of travelers are planning leisure trips this summer, up from 81 percent that traveled last summer.
In his new role, Gao will be responsible for accelerating portfolio growth across all three of FRHI’s leading brands, while also providing support, guidance and leadership to the company’s existing developments in Chengdu, Nanjing, and Taiyuan.
euromic, the premier international consortium of companies specializing in MICE travel, events and destination management, recently announced that it has added a new World Affiliate in Dubai, Emeco DMC in the Emirates.
The study, which contains views from around 100 leading thinkers about the future of cities into the second decade of the 21st century, aims to make a serious and timely contribution to the debate about London’s future at a critical juncture where the Mayoral election is decided and London, economically and socially has much to achieve over the next decade.
Portico by Exclusive Resorts today announced the appointment of former HomeAway executive Justin Halloran as Chief Executive Officer, a new website with direct booking capability, and the introduction of more than 10 new destinations in the past two weeks alone.
Hotels saw revenue growth of 7.6%, offsetting lower capital gains over the same period in 2011 - Revenue per available room (RevPAR) increased by 7.2%, strongly supported by the positive evolution of average room rates which grew by 10.2%
In the last two years, the Dutch hotel investment market saw an uplift in activity, driven by the country’s stable economic environment and growth in trading fundamentals according to Jones Lang LaSalle Hotels’ Intelligence report for Amsterdam. Investment activity was concentrated on quality assets in Amsterdam, with German funds being one of the most active buyer types.
Despite improved hotel trading performance in Dublin and some regional Irish cities, the Irish Hotel Investment Market remains relatively subdued and investment activity is confined primarily to Dublin, according to Jones Lang LaSalle Hotels’ latest Hotel Intelligence report for Ireland.
The total active U.S. hotel development pipeline comprises 2,770 projects totaling 292,806 rooms, according to the April 2012 STR/McGraw Hill Construction Dodge Pipeline Report.