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Rates Refuse to Fall: Hotel Industry Faces Uncertainty as Global and Domestic Pressures Build

Lodging Magazine

In a financial climate once thought to be trending toward lower interest rates, recent market behavior has upended expectations, revealing stubbornly high rates despite the Federal Reserve’s most recent cut.

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Singapore Sling: Branded Residences Growth In Asia Surges As Second-home Buyers Flee Domestic Market

Hospitality Net

The branded residences market in Asia is soaring as buyers from across the world purchase second homes in playground cities or tropical resort destinations. Singapore has a branded residences market value of USD 2.78 Singapore has a branded residences market value of USD 2.78 a marketplace valued at USD 26.6

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How hoteliers can ride the revival of domestic tourism

Hotel Owner

The tourism and hospitality sector are growing precipitously – but what has often gotten lost amidst the din is the extraordinary revival of domestic tourism. According to McKinsey’s recent report on the state of the sector, in 2023 75% of trips worldwide were taken domestically. Even in Western Europe this figure sits at 58%.

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Best Practices for Hospitality Marketing

Modern Restaurant Management

Many hoteliers and restaruanteurs have wondered what to do about their marketing, do they pause it, carry on, spend less, spend more? But the question remains, what should they do about marketing during a pandemic like coronavirus? What You Can Do with Your Marketing Budget. Focus on Digital Marketing.

Marketing 207
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8 Ways to Attract Domestic Travelers to Your Hotel

Revenue Hub

With the exchange rate being favorable, many travelers have recently taken off for international destinations, but the domestic market is still going strong. But don’t take domestic travelers for granted. Repeat guests splurge more and cost fewer marketing dollars to attract too.

Article 104
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Exquisitely Experiential Meetings and Events at the Fairmont Rio de Janeiro Copacabana

Larry Mogelonsky

From the extensive tour of all meeting facilities, culinary, spa and the overnight experience, its abundantly clear why this luxury property is the top choice for domestic as well as international corporate events and social groups held in this iconic Brazilian city, and possibly also the top choice for the entire country.

Events 130
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Hotel Market Beat 2024 H1 - Italy

Hospitality Net

This marks a 90% increase compared to H1 2023, positioning Italy as the fourth largest European market by transaction volume for the first half of 2024, behind the United Kingdom, Spain, and France. Hotel investments were primarily driven by domestic and European investors, amounting to 85% of the volumes in H1.