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Article - How Hotel Size and Location Affect Group Demand and Average Daily Rates - CoStar - Hotels in urban markets have yet to fully recover to pre-pandemic levels of group occupancy and rates, while resorts and suburban hotels have surged ahead.
Hotels in the UK are experiencing a post-Covid rebound according to the latest research from global property adviser Knight Frank. London hotels achieved an occupancy rate of 82% in June 2023, a rise of 3.2 percentage points year-on-year, whilst hotels outside the capital recorded growth of four percentage points to almost 81% occupancy versus 2022.
/PRNewswire/ -- Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate...
Article - True New Cost of Travel - Global Business Travel and Events Costs Expected to Remain Elevated Through 2024 - Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This is according to the 2024 Global Business Travel Forecast, published today by CWT and the Global Business Travel Association (GBTA).
By Ahmed Tabaqchali, Chief Strategist of AFC Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Market Rallies as it Begins to Discount the Budget's Passage The market, as measured by the Rabee Securities RSISX USD Index, was up 9.2% in June and