Horwath HTL Articles

Today, everyone is talking about the term coworking. The business is thriving, different styles and forms are developing. New players are entering the market. At the same time, more and more synergies and complements are being recognized between coworking and hospitality. continue reading →

Madrid is more than ever capturing the interest of international hotel investors. The hotel supply pipeline – including many international Upper Upscale and Luxury hotel brands – will significantly change the city’s landscape and tourism appeal. For some hotel groups, these projects will be their first hotel in Spain’s capital city, a presence that is clearly of great importance in one of the largest cities in Europe. The capital’s hotel market is in good shape and it looks like there will be room for further improvement. continue reading →

For the last 20 years, Portugal has been making improvements to its tourism sector and, after considerable effort, is finally getting the desired result. The Portuguese tourism sector has grown since 2011 by more than 10%, growing not only in overnight stays, but also in the number of source markets, at the same time as losing its historical dependence on the British market. continue reading →

On the face it, all-India results are positive with 4.2% RevPAR growth mainly drawn from ADR crossing Rs. 6k and Occ inching up to 66.5%. As one digs deeper, there are some real bright lights, some questions and then some serious concerns. Trading conditions were generally softer in Q2-19. continue reading →

With just 468 km2 of surface, Andorra is a small tourist paradise that offers an infinity of activities to its visitors, both in winter to enjoy its ski resorts, and in summer to enjoy all its hiking and nature routes, without forgetting the wide range of commerce available. continue reading →

The performance of the New Zealand hotel industry plateaued in 2018, although at a relatively high level compared to recent decades. Government international visitor arrival projections, despite having been revised downwards, are still reasonably positive in the medium term. Hotel demand growth will be supported by new international standard conference centres opening in major cities over the next five years, and continue to be supported by destination marketing and economic development agencies. However, targeted property rates and other proposed hotel and tourism taxes, peer-to-peer accommodation, and a significant increase in hotel room supply will provide challenges for the industry. continue reading →

Downtown Denver’s newly developing RiNo District/Neighborhood is positioning itself as the next great opportunity in the Denver area. With all the commercial and entertainment related development recently completed, or anticipated to be completed in the near-to-mid-term, the opportunity for successful hotel development to follow is considerable. continue reading →

By 2023, approximately 3,000 guestrooms of the top-end segment will have entered the Kuala Lumpur luxury hotel market. Big brands such as Banyan Tree, Four Seasons and W made their presence in 2018, and brands such as Equatorial, Conrad, Regent, Jumeirah, SO Sofitel, Park Hyatt and Kempinski have began, or are expected to begin, operations within the next 5 years. continue reading →

Ireland is a leading tourist destination, enriched with history and culture and with continued improvements in infrastructure and access, the outlook for the hospitality sector remains positive. This report, written by Naoise Cosgrove of Horwath HTL Ireland, provides an insight into Ireland’s dynamic tourism and hospitality market. continue reading →

This latest report by Damien Little, Horwath HTL Asia Pacific, provides a break down of where new supply additions will be located, as well as a break down by class so as to provide a greater insight as to the potential impacts of new supply additions on the Melbourne hotel market. continue reading →