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DrLucyThomas Nice!! Globally, growing demand for hotel supply often outpaces room availability. Limited supply growth combined with steady demand is boosting rates in many European destinations.
However, in the Middle East, over-supply and other factors are pushing prices down in some Gulf states. North American hoteliers report increases in bookings and revenues, partly driven by strong business travel and group growth; rates are predicted to rise across the continent.
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For comprehensive details and analysis of factors impacting hotel rates at a national, regional and local level in key cities, please download the Hotel Monitor report and the Cities Forecast. The Hotel Monitor is the first of a regular Monitor series: future editions will analyse air and ground transport, starting later this year and in We help companies and their employees prosper by making sure travelers are present where and when it matters.
We keep global business moving with the powerful backing of 16, travel professionals in more than countries. Companies of all sizes, and in all places, rely on GBT to provide travel management services, organize meetings and events, and deliver business travel consulting.
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For comprehensive details and analysis of the conditions impacting air fares over the coming year, please download the Air Monitor The Air Monitor is the latest in the regular Monitor series designed by the Global Business Consulting team at GBT to help travel buyers optimise their travel policy and programme.
The next edition will analyse ground transport and will be published in We help companies and their employees prosper by making sure travellers are present where and when it matters. We keep global business moving with the powerful backing of 16, travel professionals in more than countries.
Companies of all sizes, and in all places, rely on GBT to provide travel management services, organise meetings and events, and deliver business travel consulting. Please select your country to view our website in your preferred language. We offer local expertise in nearly countries.