Lodging Econometrics? (LE?s) Q1 2024 Hotel Construction Pipeline Trend Report reveals steady growth in China's construction pipeline, with 3,775 projects encompassing 695,212 rooms. The total pipeline in the country continues to expand, increasing 3% by projects and 2% by rooms year&over&year (YOY).

According to Tongcheng Travel's latest report on this year's May Day holiday travel trends, Shanghai, Beijing, Guangzhou and Shenzhen in Guangdong province, and Chengdu, the capital city of Sichuan province, were identified as popular choices for inbound flights, highlighting their appeal to global travelers.

Second highest Memorial Day holiday travel forecast since AAA began tracking in 2000

The global hospitality industry is witnessing a complex landscape of recovery and challenge as it emerges from the impacts of the pandemic. Regions around the world, from Europe to the Americas, the Middle East, and APAC, are navigating their unique economic conditions, market dynamics, and consumer behaviors

U.S. RevPAR flat YoY & Labour Day holiday impacted performance in Europe

According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution surged by almost 35%, totalling OMR 2.8BN, and is on track to surpass previous records.