Officials of the California Lodging Investment Conference [CLIC], the only hospitality conference focused on the California hotel market, today announced the successful conclusion and follow-up survey results for its sixth annual event held at the Westin South Coast Plaza in Costa Mesa, Calif. With over 250 attendees, the opening reception followed by a one-day event hosted multiple panels led by industry experts discussing the California hotel real estate market in depth.
The oil and gas industry remains Greater Houston’s primary economic anchor, defining the market’s business cycle and the area’s economic growth path. The hotel market began to stabilize in 2019 following declines in lodging demand as a result of the volatility of the oil and gas markets, and Greater Houston experienced a steep decline in lodging demand in 2020 given the onset of the COVID-19 pandemic.
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As the seventh-largest city in Germany, Düsseldorf is predominantly a MICE and business destination, owing to its ample supply of convention space and its proximity to many company headquarters. The city’s proximity to other German cities (such as Cologne, Dortmund and Essen), easy access to the Benelux region and its well-developed international travel network have all been contributing factors to Düsseldorf’s growth.
Lisbon is the capital of Portugal and one of the oldest cities in Europe in a region with approximately 3 million inhabitants. The city offers a variety of cultural, architectural and business-related attractions. The Estoril coast (west of Lisbon) – which includes Estoril, Cascais and the historic town of Sintra – is home to numerous leisure attractions. With its pleasant climate and vibrant, safe atmosphere, Lisbon continues to increase its appeal as a short-break destination.