GLOBAL REPORT—Hotel markets from Detroit, Michigan, to the Ukraine have capitalized in the past six months on tourism booms, while in markets like Myanmar and Abu Dhabi, tourism represents more of a challenge.
Hotel News Now has reported on 10 global markets since November 2016 as part of its ongoing Market Reports series. Some of those markets gained attention for reversing trends, or making gains despite difficult socioeconomic currents. Some were coasting on tourism highs leftover from big, one-time events, or achieved by calculated campaigns independent of the hotel industry.
By virtue of their diversity, these reports offer lessons for hoteliers in a variety of markets and segments.
One trend on the radar in many markets is a surge in tourists from China and Japan. The influx of visitors from those Asian countries has been a factor in driving hotel development in both Ukraine, where a stabilizing economy and easing of military tensions has started a recovery, and Hawaii,…
