Overview of tourism and the hotel industry in Mauritius [Infographic]
Discover our infography about tourism and the hotel industry in Mauritius, an extract from our report "Mauritius: the rising star of the Indian Ocean keeps shining".
Reports
Australia: Business confidence lifts despite tough conditions in hospitality sector | hospitalitymagazine.com.au
According to a recent quarterly report from marketing services company Sensis, business confidence in Australia has jumped to its highest level in almost five years, registering a net balance of +39. According to the Sensis Business Index (SBI) survey, more than three times as many small businesses are now confident (57 percent) as opposed to those that are worried (18 percent) about the current economic climate, representing a 12 point rise in confidence among SMEs in the December quarter.
Indonesia Hotel Watch 2015
2015 has been a year of change and opportunities for Indonesia's hospitality industry, with various political and economic factors affecting the country, which have in turn had varying levels of impact across its different markets. Policies anticipated to make a lasting impression on the industry's performance include the controversial ban on government meetings in hotels and the ban on foreign currencies in domestic transactions. The effects have been felt heavily in some markets, and in others the full impact of these policies remains to be seen.
By Bhoomija Vadehra, Consulting and Valuation, HVS SIngapore, HVS
The HVS Greater China Update – 4th Quarter 2014
Markets in the region are experiencing some headwind amid an economic slowdown, changes in demand patterns and increases in supply. Hong Kong received 16.1 million visitors in the third quarter of 2014, reflecting an 11.2% yearon-year (YOY) growth. Despite the Occupy Central Campaign, growth was mainly driven by Mainland Chinese visitors. Looking forward, it is difficult to estimate the effect of the Occupy Central Campaign. There were a total of 12.8 million mainland Chinese visitor arrivals (79.6% of the market share) during the period. According to CAPA Centre for Aviation, the fast growth in the South Korean market was mainly attributable to the expansion of low cost carriers connecting Seoul and Hong Kong, dominated by HK Express with two daily flights
China Sentiment Remains Flat, But Optimism Begins to Grow in the USA
The latest survey compiled by Horwath Hotel, Tourism and Leisure (HTL), the world's largest hospitality consulting firm, has shown that most hotel operators around the world expect 2013 hotel performance to be in line with last year and for growth to be flat. Considering the last sentiment survey showed a majority of slightly negative responses, this is a positive move none the less, albeit slightly.
By James Chappell, Global Business Director, Horwath HTL
RateGain's Hotel Rate Parity Trends - Australia & New Zealand (Oct - Dec 2012)
Hotel rate parity trends for October to December 2012 of three, four and five star hotels across some of the major cities in Australia & New Zealand. The report shows the percentage of hotels with cheaper rates on their own brand site compared to their rates on other OTAs.
RateGain's Hotel Pricing Trends - Australia & New Zealand (Oct - Dec 2012)
Data trends on cheapest hotel rates as well as median rate for three months of three, four and five star hotels across some of the major cities in Australia & New Zealand. This set covers October to December 2012, taken in the 1st week of October 2012 (all rates are in US dollars for two adults for a one-night stay).
Optimism Returns to Australian Hotels | Horwath Reports
Optimism amongst leading Australian hoteliers is on the rise again after two years of declining demand, falling revenues and stagnant investor demand. Under a theme of “Back on Track” delegates at the annual Australia, New Zealand and Pacific Hotel Industry Conference (ANZPHIC) held in Sydney this week heard speakers from various parts of the industry deliver generally positive news about recent market trends and encouraging forecasts for the near and longer term future for the industry here.
Cautious optimism for India hotel recovery | STR Global Reports
The health of India’s hotel industry is returning as data from STR Global, the leading provider of market information to the global hotel industry, shows a concerted upward trend and recent positive year-on-year growth in revenue per available room (RevPAR).
China’s hotel performance 2009 | Chinese Contrasts
Dramatic declines in China’s hotel performance during 2009—underscored by revenue per available room (RevPAR) falling 26.2 percent compared with a year ago—contrast strongly with the continuing good performance of the Chinese economy.
STR Global reveals Australia's year-to-date data
Though not immune to the global economic recession, the Australian hotel industry is faring well in local currency terms (Australian Dollar), according to data compile by STR Global, the leading provider of market data to the world’s hotel industry.
Occupancy declines hit Thai markets, rates are steadier | STR Global reports
Data from STR Global, the leading provider of market information to the global hotel industry, highlights the plight of local markets in Thailand and puts the effect of the country’s recent political disruption into a regional context. The ongoing political unrest in Bangkok has affected the country's hospitality industry, which already has to deal with worsening global economic conditions. Over the five months from November 2008 to March 2009, the four Thai markets tracked by STR Global have reported monthly declines of more than 30 percent in revenue per available room (RevPAR) against the comparable period the previous year.