In the aftermath of the pandemic, the U.S. hotel market has staged an impressive recovery, with RevPAR, a critical industry metric, rebounding to near pre-2020 levels. CoStar reported a RevPAR increase of 1.8% last year, nudging it to $99.94, and CBRE projects an additional growth of 2% by 2027.
Amidst the vibrant backdrop of the hospitality industry, Katarina Railko stands as a seasoned expert. With her extensive experience in travel and tourism, she offers invaluable insights into the current dynamics affecting hotels. From changing tariff policies to evolving consumer behaviors,
As UK consumer spending on package holidays climbs steadily in the post-pandemic era, the government is taking significant strides to safeguard travelers while simultaneously propelling industry growth. In an initiative to revise and augment existing legislation, the UK government has launched a
The UK hospitality industry is enduring a tumultuous period, grappling with an intricate web of challenges that threaten its stability and long-term growth prospects. Numerous regulatory changes have compounded existing economic pressures, making it arduous for businesses to navigate these
The cruise industry, long a symbol of luxurious travel and global exploration, currently faces significant scrutiny due to environmental and socio-economic criticisms. Over the years, public perception has steadily shifted, with growing awareness about the environmental toll of such lavish tourism
The article focuses on the mounting dissatisfaction among commercial short-term rental (STR) hosts in Nelson, who oppose new provincial regulations that prioritize long-term rental (LTR) properties to alleviate housing crises. These regulatory changes are set for full implementation by mid-2025.
