Zabada N. Abouelhana

2 months ago | hospitalitynet.org | Zabada N. Abouelhana |Jack Burke |Trey Osadchey

In the years that followed the COVID-19 pandemic, the market experienced a gradual recovery, with ADR rebounding faster than demand due to strong pricing strategies and resilient leisure travel. By 2023, rooms revenue surpassed pre-pandemic levels despite hotel room-night demand remaining below the 2019 figure. In 2024, demand and occupancy remained relatively flat, with weaker convention-related travel.

2 months ago | hvs.com | Zabada N. Abouelhana |Jack Burke |Trey Osadchey

In the years that followed the COVID-19 pandemic, the market experienced a gradual recovery, with ADR rebounding faster than demand due to strong pricing strategies and resilient leisure travel. By 2023, rooms revenue surpassed pre-pandemic levels despite hotel room-night demand remaining below the 2019 figure. In 2024, demand and occupancy remained relatively flat, with weaker convention-related travel.

Aug 16, 2023 | hotel-online.com | Zabada N. Abouelhana

By Zabada N. AbouelhanaCurrent State of the Pima County Hospitality IndustryFactors contributing to Tucson's strong and consistent demand levels during the majority of the last decade have included increased business activity, growth in the healthcare and education sectors, increased airlift to Tucson International Airport, and the continued popularity of the region as a tourist destination.

Aug 16, 2023 | hotelnewsresource.com | Zabada N. Abouelhana

HVS has announced the appointment of Sophie Perret as managing director of its London office. Sophie joined HVS Madrid in 2003 and relocated to London three years later. Since joining HVS, she has advised on hotel investment projects and related assignments throughout Europe, Africa and the Middle East and is responsible for the development of HVS services across Europe.   “We are delighted that Sophie is our new managing director,” commented Charles Human, European President of HVS.

Aug 14, 2023 | hotelnewsresource.com | Zabada N. Abouelhana

Weekly Hotel Industry Asia Pacific News Roundup from HVS Singapore Firms Are Investing In Timor Leste's Hospitality Sector Singapore-owned businesses are investing millions in Timor-Leste's leisure and hospitality sectors such as five-star hotels, serviced apartments, and an entertainment centre. For instance, Pelican Paradise Resort ("hotel"), a five-star hotel, part of a mixed-use township development that spans 556 hectares, boasting scenic views of the Timor Sea.