The article elucidates the various initiatives adopted by the hotel industry in South Africa's Western Cape, in response to the ongoing drought, in order to mitigate the challenges water scarcity brings to a water intensive enterprise.
2016 was a positive year for the African hotel market, tempered by external factors. What should investors expect in 2017? This article discusses the highlights from 2016 and looks ahead to what can be expected in 2017.
The 2011 European Hotel Valuation Index tracks trends in upscale hotel values in 33 key European markets. 2010 was a year of recovery for the hotel sector: average hotel values per room across Europe, measured in euro, increased by 1.5%.
Highlights of the recent changes in the 36 European markets analysed in the HVS annual European Hotel Valuation Index, in terms of trading performance and transactions, as well as an indication of the anticipated hotel values by the end of 2010