Growth in short-term rentals may also have absorbed part of the additional demand. ... Nevertheless, the ECB’s latest survey of professional forecasters reduced expected euro-area growth for 2026 to only 0.6%, indicating that the underlying outlook for household income and consumer demand
In a recession, demand weakens but some costs also ease. ... Demand during the winter period, particularly from November to March, remains weak.
WTTC forecasts the regional sector’s GDP contribution will reach €2.04 trillion in 2023 and be within touching distance of the 2019 highpoint. ... WTTC forecasts the sector will fully recover the jobs lost during the pandemic by the end of 2024.
Insight into future demand - IDeaS' ability to provide the hotel with data-driven, precise forecasts will empower the management team with the insights it needs to navigate the future, particularly in ... Cheryl Hawksworth, managing director, EMEA, IDeaS, said: "Even through volatile business periods, hotels are still able to benefit from solid analytics to understand where demand is going to come from
Greece saw 35.3 million international arrivals in 2019 and was forecast to welcome 37.1 million arrivals in 2020 pre-COVID-19. ... Nevertheless, TUI announced that the German market has been showing a significant rise in demand for holidays to Greece.
Keeping in mind that the operational context of event-driven scenarios is typically near-term, we have tried to make a forecast on occupancy levels only up to year-end 2020. ... Since all ongoing surveys about tourism forecasts, that we are aware of, show the domestic demand is the one that somehow recovers first (or at least with a faster pace), it has been assumed that in 2020
Elounda S.A Hotels & Resorts has selected IDeaS G3 Revenue Management System (RMS) to improve its forecasting capability and raise profitability by driving higher yielding business. ... demand for both the component rooms and their individual physical parts.
The Russian market had a strong and fast-growing presence for the last six years and after a year of declining demand in 2015, mainly due to visa restrictions, it seems that demand is likely to rebound ... Demand for Transient Accommodation Over the past years, an average of about 80.0% of the total hotel bednights in Greece has been of international nature.