Exclusive Resorts reached a strategic agreement with Accor to take a significant minority stake in the French hotel giant’s OneFineStay luxury vacation rental brand.
Cambodia saw a 13.3% year-on-year rise in January tourist arrivals, led by Thailand, Vietnam, and China, with a 2025 forecast of up to 7.5 million visitors.
The ALIS Conference reflected cautious optimism about the hotel industry's future, with hopes for policy changes, modest RevPAR growth, transaction market challenges, and a suggestion that Taylor Swift could boost travel demand.
A JLL survey reveals growing optimism in hotel investments, with rising cross-border activity, first-time buyers, and a focus on luxury and extended-stay assets despite challenges from increased capital costs.
The DJIA, Nasdaq, and S&P 500 rose on Friday, while Canada's hotel industry saw a slight decline in occupancy in July 2024 after three months of increases.