IMF Issues Bleak Warning: Global Growth to ‘Fade’

Date: June 2018 Location: Global Who: IMF – International Monetary Fund What They Said: The International Monetary Fund issued a stark warning on the future health of the global economy, saying major cracks were now “closer” than it had anticipated and that growth will soon “fade”. In a highly negative speech, Mitsuhiro Furusawa, deputy managing director…

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7% Year-Over-Year Growth in the Global Construction Pipeline

Date: June 2018 Location: Global What: The Lodging Econometrics (LE) global construction pipeline trend report, which compiles the construction pipeline for every country and market in the world, states that the total pipeline stands at 12,714 projects/2,139,002 rooms, up 7% by projects year-over-year (YOY).

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Horwath HTL, with ABN AMRO, compiles the Dutch City Hotel Index 2018

Date: June 2018 Location: The Netherlands For the attractiveness of investors, six variables were looked at: the hotel market (occupancy rates and room prices), the supply and the pipeline, economy, real estate, demography and sustainability. Scores are given for a number of characteristics on these variables. That leads to the next ranking.

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Global Hotel Luxury Market Projected to Reach $115.8 billion by 2025

Date: May 2018 Location: Global What: Grand View Research of San Francisco, California have issued a new report which shows major gains will be made by the international tourism industry in the coming years. Luxury Hotel Market Size, Share & Trends Analysis Report By Hotel Type (Business, Airport, Holiday, Resort & Spa), By Region (North America,…

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Germany Leads Europe’s Hotel Construction Pipeline; London Ranks as Top City

Date: June 2018 Location: Europe What: Analysts, Lodging Econometrics, have issued a new report that the top countries in the Europe Construction Pipeline by project count are: Germany with 246 Projects/47,927 Rooms United Kingdom with 246 Projects/36,585 Rooms France with 121 Projects/13,618 Rooms Russia with 80 Projects/15,520 Rooms Poland with 80 Projects/12,468 Rooms Portugal with 80…

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AccorHotels has Renewed its Interest in Taking a Stake in Air France KLM.

Date: June 2018…Updated July 2018 Location: France What: The hotel giant confirmed it had held talks with the airline in recent years. Air France is partly owned by the French government, which holds a 14.3% stake. “AccorHotels confirms having resumed its reflections on the matter, being at very early stage of assessing the feasibility and potential…

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