Performance – Hospitality Net

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GlobalAfricaAsiaCaribbeanEuropeMiddle EastNorth AmericaSouth America

Lower Revenues, Higher Costs Lead to Profit Dips at Middle East & North Africa Hotels

The drop in profit was led by declines across all revenue centres, including Rooms (down 15.4 percent), Food & Beverage (down 10.7 percent), Conference & Banqueting (down 6.3 percent) and Leisure (down 14.

Performance31 OctoberHotStats LimitedMarkets & Performance

Hotel investment strategies in Sub-Saharan Africa evolve, as hotel trading gradually improves - JLL Reports

The report confirms expectations for hotel trading to remain under pressure during the balance of 2018 and in 2019, as new rooms continue to be absorbed into the market. Nijnens said that despite a muted trading environment in many markets, there is evidence that well placed, distributed, branded, and developed products can consistently outperform the market.

Performance 4 OctoberJLLHReal Estate & InvestmentDestination MarketingMarkets & Performance

STR: Middle East and Africa hotel performance for August 2018

Hotels in both the Middle East and Africa posted growth across the three key performance metrics in August 2018, according to data from STR.U.S. dollar constant currency, August 2018 vs. August 2017Middle EastOccupancy: +2.

Performance24 SeptemberSTRMarkets & Performance

STR's Middle East and Africa hotel supply development update - July 2018

The Middle East room construction total represented a 27.5% increase compared with July 2017. The Africa room construction total represented a 7.1% decrease compared with July 2017.

Performance14 AugustSTRMarkets & Performance

STR's Middle East and Africa hotel supply development update - July 2018

Performance14 August

Whitebridge EMEA hotels monitor August 2018

Brexit aside, strong economic growth, political stability and growing tourism numbers have fuelled strong growth in performance levels across most of Europe. France continues to recover from a succession of poor years, whilst others are maximising on the international travel boom.

Performance10 AugustWhitebridge HospitalityMarkets & Performance

Opportunity abounds in African Apart-Hotel sector

"When looking at the growth of Africa's apart-hotel sector, it's clear that the market still brims with opportunity," says Wayne Troughton, CEO of specialist global hospitality and tourism firm, HTI Consulting.

Performance 3 AugustHTI ConsultingMarkets & Performance

HotStats MENA Chain Hotels Market Review - June 2018

June 2018: RevPAR Up But Profit Down at Hotels in the Middle East & Africa Falling Non-Rooms Revenues, as well as rising costs, contributed to the -2.3% decline in GOPPAR at hotels in the Middle East & Africa in June, which was also in spite of a +1.

Performance30 JulyHotStats LimitedMarkets & Performance

STR: Middle East and Africa hotel performance for Q2 2018

Morocco room rates boosted by tourist activityKuwait performance mostly flatNigeria hotel performance improves alongside oil outputLONDON -- Hotels in the Middle East reported negative Q2 2018 performance results, while hotels in Africa posted growth across the three key performance metrics, according to data from STR.

Performance23 JulySTRMoroccoMarkets & Performance

Horwath HTL Industry Report: Senegal: Tourism and Hotel Market Overview

As a model of democracy, Senegal has also one of the most resilient economies in West Africa. Thanks to dynamic business and leisure tourism boosted by major public infrastructure projects, the country succeeds in captivating international investor's interest.

Performance18 JulyHorwathSenegalReal Estate & InvestmentDestination MarketingMarkets & Performance

Cape Town Calling: Undoing the impact of 'Day Zero' on Tourism

By Rishabh Thapar - Consulting & Valuation at HVS

At the end of 2017, one of the most picturesque cities in the world, Cape Town, announced a 'Day Zero' to create awareness among its citizens of the severity of its ongoing water crisis. The day marked to be as early as March 2018 at one point of time has been pushed out to 2020 (or potentially 'never') in light of the city's commendable efforts in changing their lifestyle and focusing on water conservation in all aspects of their day-to-day living.

Performance 6 JulyHVSCape TownSouth AfricaLeisure TravelMarkets & Performance