Horwath HTL Articles

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 →

Making up the largest generation in the U.S. workforce, Millennials are changing the game. But trying to figure out what makes Millennials tick can drive hoteliers to despair: Who are these Millennials and what do they want? continue reading →

What is the recipe for resort and hotel developers, owners and operators, to create the environment where this transformative travel takes place? continue reading →

The luxury market and its customer base is growing, with the outlook for the next three years looking positive. There are however, significant challenges for luxury hoteliers, with the fast pace of change in the luxury space, specifically with the hopes and expectations of the luxury traveller. continue reading →

The Bali Hotel & Hotel Residences Market Update takes a critical look at the trading impact of the event and more importantly takes a pragmatic view of the changing tourism landscape of the Island of the Gods. As China grabs center stage from the legacy Australian core international market, find out what’s inside the bounce back and what to expect in 2018. continue reading →

Cyprus has seen a booming growth in terms of tourism in 2016. This has been primarily driven by the political situation in neighboring countries as well as a refreshed approach to strategy by the Cyprus Tourism Organization. Supply of beds has been playing catch-up with demand, and multiple tourism related projects are currently underway. However, as tourism numbers are forecasted to continue to grow, with probably accelerated rhythms in the coming years, the market needs to find more ways to cope with the demand. continue reading →