top hotel markets
Warm U.S. Beach Markets Shine Early in 2023, Inflation Cuts Into ADR Gains
STR | February 23, 2023
The top hotel markets in this edition of STR’s U.S. “bubble” chart update show the persistent staying power of warm, outdoor-oriented markets as well as expected seasonal shifts for the opening months of the year. Additionally, for the four weeks ending 11 February, the greatest driver of gains in revenue per available room (RevPAR) continued to be average daily rate (ADR), while occupancy remained below 2019 benchmarks for more than half of markets. A handful of Top 25 Markets continued to outpace their key historical metrics, but various large markets remain persistently slow in closing the gap on their pre-COVID indicators. ...
Which Cities are the Rising Giants of the Hotel Industry?
JLL Real Views | August 29, 2017
When it comes to competition among the world's top hotel markets, it's going to take a lot to rival London and Paris. These two long-term favorites attract 30 percent of all hotel investment. Yet that's not to say that fast growing cities in Asia and the Middle East aren't rapidly gaining ground. The likes of Dubai, Beijing, Bangkok, Shanghai and Guangzhou are the world's most dynamic emerging markets with huge potential for future growth. "Shanghai and Beijing already rank among the top largest hotel markets and investment destinations," says Jeremy Kelly, Director, Global Research at JLL. "Bangkok and Dubai are a little behind but att...