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NYC’s Tanking Hotel Market Rising in 2017

While a glut of supply in New York City has caused hotel revenue to plummet over the last few years, the forecast appears brighter for 2017. JLL predicts some upward momentum now that a lot of new hotels have already ...

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Istanbul Tourism Suffers from Terrorism

After a number of terrorist attacks in Istanbul, its tourism sector is struggling to revive itself. Although security has been heightened in the wake of the attacks, the number of foreign tourists visiting Istanbul dropped a sharp 26 percent in ...

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Tourism Surges North of the Border

Canada is experiencing a spike in bookings for the coming year. Travel experts attribute this in part to the country’s 150th anniversary of confederation, which will be celebrated by offering free admission to its national parks. Tourism could also be ...

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New York Leads the Charge in 2017 Room Boom

More than 33,000 new rooms are planned in the top 10 most active markets this year. The top market by a wide margin is New York City, with an estimated 8,612 new rooms in the pipeline for 2017. Lodging Econometrics ...

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