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2024 India Accommodation Barometer: Key Trends and Insights

2024 has been a standout year for Indian hoteliers, with positive sentiments expressed by survey respondents across all major economic metrics. Twothirds of Indian accommodations reported good or very good business performance over the past six months, reflecting a substantial improvement from 2023 when the Barometer survey was first conducted. In comparison, only half of accommodations expressed similar optimism last year.

Yang Li
By Yang Li, Head of Public Affairs, Asia Pacific, Booking.com
India
Opinion Article Markets & Performance

HVS Monday Musings: Hotel Sector’s Big Debate - Asset Light or Asset Right?

The Indian Hotels Company Limited (IHCL) has recently been making significant strides in the global hospitality industry. With Brand Finance ranking Taj as the world's strongest hotel brand for the third time recently, and the remarkable growth in the company’s market capitalization, IHCL's ascent into the Top 5 global Hotel Management companies (by market cap) is a testament to its growing global presence and influence. This recognition not only highlights IHCL's success but also places the Indian hospitality market in the global spotlight in line with the country’s ascent among the top 5 global economies.

Mandeep LambaDipti Mohan
By Mandeep Lamba and Dipti Mohan
India
Opinion Article Markets & Performance

A Deep Dive Into Japan’s Hotel ADR Growth Trends

Japan’s growth in hotel revenue per available room (RevPAR) has remained extremely impressive over the past 15 months – a function of a later opening post-pandemic, above-average inflation, and an influx of international demand. That’s largely reflected in average-daily-rate (ADR) growth, although through much of 2023, the first and third points helped drive double-digit occupancy increases as well.

Kelsey Fenerty
By Kelsey Fenerty, Manager Analytics, STR, CoStar
Japan
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The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter. 
Mews
Opinion Article Sales & Marketing

Time to reconnect with China: why and how

Before the Covid pandemic disrupted global travel, China was well established as the biggest tourism source market in the world, with an accumulated 155 million outbound trips and a spend of USD 250 billion in 2019. No other market even came close. Chinese travellers were highly sought after, either for their sheer numbers or for their high travel spend. Sometimes both.

Oliver Sedlinger
By Oliver Sedlinger, Co-Founder and CEO of Sedlinger & Associates, Sedlinger & Associates Ltd
China
Opinion Article Finance

The return of the Chinese tourist?

This second part of EHL Institutional Visibility’s three-part series on China looks into the long-awaited return of Chinese tourists. It also addresses shifting trends in Chinese travel. We turn to Dr Yong Chen, Associate Professor of Economics at EHL Hospitality Business School, for insights.

Andrew Brenner
By Andrew Brenner, Andrew Brenner, Translator and Editor, EHL
China
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Ernest - Lighthouse's AI for hoteliers

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Lighthouse
Opinion Article Sales & Marketing

Riding the Korean Wave with Online Travel Agencies

Where else could you catch a hyperfast train from an ancient royal palace to a coastal paradise, lose yourself in a night of karaoke and stay in a hotel with 600-year-old underfloor heating? From the irresistible appeal of K-pop to the majesty of Joseon dynasty architecture and the stunning scenery of Jeju Island, South Korea is a unique destination on the bucket list of travelers from around the world.

Yang Li
By Yang Li, Head of Public Affairs, Asia Pacific, Booking.com
Korea, Republic of