After several years of stagnation when the country recovered very slowly from the impact of the global financial crisis, the French economy is on the rise. During the really tough years, growth in real GDP was limited in 2014/15 and 16 to 0.9%, 1.1% and 1.2% respectively; a pace not sustained enough to reduce the [...]
Horwath HTL and Crowe Horwath will be at this years Expo Real in force with a total of 14 offices being represented at the joint stand. The event, which has been going since 1998, is the premier real estate event that is focussed on German and German speaking markets. The event has broadened its reach [...]
A 35-year veteran of the hospitality industry, Paul Breslin from Horwath HTL Atlanta has produced our latest report on growing EBITDA.
“The need for strong leadership with a passion for results that drive innovation, are keys to being an effective Asset Manager in today’s busy and highly charged political environment.”
The tourism boom is spurring bigger hotel chains to get savvier about avoiding online travel agent commissions. Senior hotel management consultant with Horwath HTL John Farrell said the growth in visitor numbers and high occupancy rates made it a good time to try and claw back customers through loyalty schemes and discounts.The hospitality sector feared the impact of market dominance when [...]
Africa is fast becoming a new tourist hotspot, being placed on the map as an investor’s paradise for leading hotels wanting to start business here.
According to research by the TopHotelProject database, which surveys the sector on continent, 116 hotel projects are in the planning phase, 155 projects are under construction, 36 projects are in [...]
New York, June 5, 2017—John Fareed Hospitality Consulting LLC and Hotel & Club Associates of Virginia have merged to form hospitality advisory firm Fareed & Cummings LLC, according to principals John Fareed and Michael Cummings. The new company has joined Horwath HTL, the world’s largest and most experienced hospitality-consulting brand with forty-five offices in thirty-nine [...]
In a world where mass tourism has begun to have a seriously negative impact on holiday destinations, businesses need to turn their attention to making operations more sustainable in order to keep in line with increasing demands on our planet. A new report written by María Eugenia Arribas of Horwath HTL Spain details eight [...]
As of February 2017, all Gulf Cooperation Council (GCC) countries have signed the Unified Value Added Tax (VAT) Agreement. The framework will form the basis for national legislation, which will be introduced in each GCC country.
Although there has been very limited official information released regarding the specifics of how the VAT system to be [...]
Heinz Wehrle, of Horwath HTL Switzerland has written a report which investigates what value there is for national OTAs within the Swiss market, in a world of fierce competition amongst online booking platform.
The report takes into account the perspective of hoteliers and how national OTAs might be [...]
Lo studio Hotels & Chains in Italy 2017, presentato a Milano, nell’ambito del Master in Economia del Turismo presso l’Università Bocconi, è stato realizzato da Horwath HTL, STR e, per la seconda volta, in collaborazione con Associazione Italiana Confindustria Alberghi.
Oggi sono oltre 155 mila le camere di catena nel paese, cresciute sul 2015 del 4,5%. [...]
Il fenomeno dei viaggi fuori dal proprio Paese a livello mondiale è in forte e continua espansione: se negli anni Cinquanta arrivavano alle frontiere appena 25 milioni di turisti, oggi questo flusso di viaggiatori ha registrato il miliardo e centottanta milioni di unità, sviluppandosi secondo un tasso composto (CAGR) del 6,1% e muove oltre mille [...]
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