Our newest report includes top 10 market trends, global inventory pipelines, legislation updates and a breakdown of some of the major events that will impact pricing in the coming months. It also features pricing comparisons and forecasts across a range of popular cities.
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Middle East focus: Ahead of UN Climate Change Conference COP28, we have reports on host city Dubai, as well as Saudi Arabia, Qatar, and Abu Dhabi. As demand continues to rise in the fourth quarter, we hear how some businesses are swapping bigger brands for local hospitality operators to drive down costs.
The appeal of the extended stay sector for household brands like Accor, which now has 380 properties and 45,000 keys.
The latest impacts on New York’s short-term rental market after new regulations affected platforms like Airbnb.
Plus all the usual sections, including Top 10 Accommodation Trends; Major Events Impacting Pricing; and Pricing Comparison and Forecast.
TOP 10 Global Market Trends:
The ongoing conflict across Israel, Gaza and surrounding areas is leading to nervousness around certain parts of the Middle East region;
There’s been a resurgence in investment for several players in the extended stay sector during the end of the third quarter;
As major hotel groups step further into the extended stay sector, business travellers will have a higher set of expectations around the design, amenities, and location of corporate accommodation;
With increased legislation shuttering the doors of illegal rentals, businesses are looking for operators and booking channels that they can trust, and in line with location regulations and duty of care standards;
The fourth quarter will see rates continue to rise into next year, globally, as operators still look to recoup losses following Covid.
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