Browsing Tag

pre pandemic

Spanish hotel reservations

Hotel reservations in Spain have exploded since the national state of emergency and the ban on pleasure trip expired last week, unleashing pent-up local demand and fueling optimism within the COVID-hit sector despite a shortage of foreign…

Hotel rates drop by 30%

MANILA, Philippines - Average Daily Rates (ADR) for Metro Manila hotels are expected to drop 30% by year-end due to lower occupancy rates as the leisure sector continues to feel the impact of the pandemic, Colliers…