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Article - HVS Hotel Market Report - Venice, Italy - By Lorenzo Gullotta, Giammarco Pignocchi and Ezio Poinelli - A snapshot of the Venice hotel market performance in 2023, exploring airport arrivals, tourism demand, hotel KPIs, future supply, recent transactions and future outlook.
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Korea's hotel market thrives with a 43% ADR increase in Q1 2024. Key drivers include robust demand, Hallyu, and medical tourism. Expect continued growth in luxury and upscale segments.
UAE hospitality market set for continued growth this year with the first quarter demonstrating strong visitor numbers, said a report by CBRE Middle East, the global leader in commercial real estate services and investments.