by Dave Turner | Aug 3, 2019 | Industry News
In Mexico, Airbnb is preferred over hotels by 56% of millennials, more Airbnb guests are satisfied by their lodging experience (81% compared to 74% for hotels) and more of them are likely to recommend Airbnb to family and friends (63% vs. 47% for hotels). These...
by Dave Turner | Aug 28, 2018 | Industry News
Commercial real estate firm CBRE recently reported that hotel real estate investment in Europe reached €21 billion in the 12 months to Q2 2018, representing a 5.8% increase in transaction volume year-on-year, according to the latest data from global real estate...
by Dave Turner | Jan 18, 2012 | Journal
According to an article in Hospitality Design, the U.S. hotel industry opened 373 new properties with 38,409 rooms in 2011, resulting in a 0.5 percent increase in existing room supply, according to data from STR/McGraw Hill Construction Dodge Pipeline Report. Among...