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Search results for “HVS Global Hospitality Services”
Airbnb is becoming a real threat to the hotel business in big US cities
01/05/2016
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5:22:51 PM
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2015 is a good year for hotel industry. However, Airbnb has achieved success in some big cities, grabbing market share with traditional hotels.
Hostel sector set to thrive as demand grows for low cost beds
11/24/2014
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12:22:27 PM
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The HVS report, The Hostel and Budget Traveller Market in Europe – Gaining Momentum, outlines the fact that larger hotel companies are moving into the hostel and limited service space forcing other operators to become more innovative to stand out from the crowd.
Oversupply and low demand to see RevPAR drop 15-20% in Hong Kong
12/24/2008
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11:41:00 AM
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Tuesday, December 23, 2008: In a new analysis of the Hong Kong hotel sector, an industry analyst has predicted that Hong Kong’s hotels and properties are set to see RevPAR drop between 15-20% of current rates.
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