Horwath HTL Articles

The negotiation of a hotel management agreement is a complex process, typically preceded by the negotiation of a memorandum of understanding (MOU) or a letter of intent. The MOU sets out the prime commercial terms presented by the operator on which the hotel management agreement package will later be drafted. Missing out on resolving issues at this preparatory phase may lead to either party finding itself in an unfavorable position when the management agreement package arrives. continue reading →

Seen as one of the most robust economies in Western Africa, Senegal is also a model of stability in the sub-region. Tourism has proved to be one of the most important elements of the country’s economy, representing almost 10 % of Senegal’s GDP. continue reading →

Rwanda is no longer a newcomer into the tourism scene – it has paved its own way to becoming a leading eco-tourism and MICE destination, anchored in its vision, values, aspirations and leadership. Now is the time to invest in this country full of opportunities and possibilities. continue reading →

This latest report by Horwath HTL Thailand provides great insight into trends and outlook of Koh Samui’s top-tier hotel market. continue reading →

In Coworking Hotels, hotel facilities are integrated with coworking spaces, whereby hotel guests and local residents can gather to meet and/or work. In this way, Coworking Hotels offer a hybrid of working, sleeping and living, anticipating the needs of millennials and the growing group of digital nomads. continue reading →

The data shows that the number and ratio of branded hotels is increasing in almost all of the markets we reported on, through a variety of different business models. The overall share of chain hotels versus independent is increasing, even in markets that can be considered very mature. continue reading →

Auckland has been one of the region’s best performing hotel markets with RevPAR of the major hotels increasing by 60% over the past five years. Government and tourism agencies have been calling for more hotels to cope with the influx of international visitors. Developers and investors are responding despite increasing construction costs and local government taxes. But is their response proportional to the need? continue reading →

The report is based on hotel market performance statistics provided by STR with analysis by Horwath HTL. This report examines the performance of hotels in India in H1 2018. continue reading →

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. As a consequence, writes the team from Horwath HTL Ivory Coast, Dakar’s hotel pool has further strengthened whilst secondary clusters are developing at a steady pace (mainly in Petite Côte region, Diamniadio). continue reading →

The performance of the New Zealand hotel industry improved for the fifth year in a row in 2017, on the back of continuing strong growth in inbound international visitor arrivals, and almost no growth in room supply. New supply is starting to come on stream, occupancy growth is slowing, the supply pipeline is strong, and there is competition from Airbnb. But the mood of the industry is buoyant, writes Stephen Hamilton, of Horwath HTL New Zealand. continue reading →