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Travelers Impacted by Safety Concerns

According to a survey from the Association of Corporate Travel Executives, conducted after the terror attacks in Paris last year, 67 percent of business travelers reported there is a psychological effect on them or their families when traveling to a ...

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As Oil Prices Fall, Hotel Occupancy Takes the Hit

After years of successfully capitalizing on the oil and gas workers that visit the Pittsburgh region by investing in surrounding hotels, Tejas Gosai and his family have recently made the decision to auction off three of their four properties following ...

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Japan Starts Fund to Buy Domestic Hotel Debt

Diamond Realty Management, a unit of Japan’s biggest trading company, Mitsubishi, is creating a fund to invest in domestic hotel debt as a way to drive a tourism boom. Real estate investment has the potential to help boost returns for ...

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Airbnb Tax Agreements Still Leave Questions

The path to short-term rental legalization and regulation is an arduous and winding one. Airbnb’s strategy to legalize home-sharing is to pay taxes owed to local city, county, and state governments. According to Airbnb’s global head of public policy, the ...

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Who Spends the Most on U.S. Hotel Rooms?

Ever wondered how much other nationalities pay to stay in the U.S.? Hotels.com recently revealed the big spenders, the more prudent spenders, and how much they each splash out when traveling. According to the latest Hotels.com Hotel Price Index, visitors ...

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Top Cities for Hotel Construction Revealed

According to the latest Global Construction Pipeline Trend Report from Lodging Econometrics, the top five cities with the largest construction pipelines in the world by room count are: New York with 34,788 rooms/204 projects; Seoul with 28,223 rooms/132 projects; Dubai ...

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