Ex 5 : Middle east hotels retain pole position in 2005
This text explains the hotel market in Europe, Asia and the Middle East.It shows the growth of revenue per available room during the year.The pole position belongs to the hotels of the Middle East.
In fact, the growth of revpar in some countries is linked with the world's news because if bad events occured in a country it affects the tourism so nobody will go there and the rate will go down.It depends on what happened and where but usually a majority of people carry on their trip, some destination are targetted others not.
I think nowadays the hotel industry is becoming very attractive because new concepts and new countries are emerging so the competition is increasingly hard and the prices more attractive.
(I found this article in the hotelmarketing.com)
In fact, the growth of revpar in some countries is linked with the world's news because if bad events occured in a country it affects the tourism so nobody will go there and the rate will go down.It depends on what happened and where but usually a majority of people carry on their trip, some destination are targetted others not.
I think nowadays the hotel industry is becoming very attractive because new concepts and new countries are emerging so the competition is increasingly hard and the prices more attractive.
(I found this article in the hotelmarketing.com)
posted by estelle at 12:28 PM
1 Comments:
Which countries do you see as emerging in hotel markets? How do they deal with pricing?
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