A report from Coach Omnium reveals small France hoteliers are in big trouble profitability wise. According to the study, two in three independent small hotel owners want out of the business.
The PricewaterhouseCoopers (PWC) European Cities Hotel Forecast is out revealing high expectations for growth in the coming year. According to the report economic signals show 17 to 18 major cities in Europe, many suggested to benefit from the 2014 European forecast.
Where growth in the hotel business is concerned, the Asia hospitality sector is overdue for even more spiraling expansion. Believe it or not, China and India are the most underdeveloped hotel markets in the world outside the US, according to a report from STR Global. Accordingly, there are over 100,000 rooms under construction in China and 30,000 in India.