The global economic downturn has slowed growth at major airports in the US and Europe, paving the way for more Asian and Middle Eastern airports to break into the top ten for passenger traffic levels. Based on passenger traffic stats for the first five months of 2012, airport-technology.com presents the ten busiest airports in the world.
The exhibition "Ten Monumental British Sculptures" is taking place at the Roman archaeological site Cerro da Villa, establishing a direct and harmonious relationship with the landscape and the architecture of the site.
Oklahoma is a state in the Great Plains Country of the United States of America. The things many tourists always want to know absolutely is that what funny, lovely, interesting, exciting, thrilling, cheery, and peaceful things in Oklahoma. As mentioned above, Oklahoma is a state in Great Plains region of the United States. This state is one of four geographically diverse states to harbor more than ten distinct ecological regions. Thus, it is the ideal place for many people who have the love of nature. With a wide range of flora and fauna, Oklahoma is expected to have many fun things to do and lots of new things to explore. In addition, we have to say that the weather in Oklahoma has risen to the level of fascination.
It isn't so hard to find cheap and affordable accommodation in Bangkok, but it can be a challenge for someone. That is why we made a top ten best budget hostels in Bangkok where you will experience a pleasant vacation. We took in consideration the following criteria when we made this top: location that are handy for the BTS and sights, facilities, cleanliness, services, amenities etc.
The US and UK have both released a new travel ban on some electronics. Starting on Tuesday, March 21, if you are flying directly to the US from one of ten designated airports in Egypt, Jordan, Kuwait, Morocco, Qatar, Saudi Arabia, Turkey, or the UAE, you will not be able to board the plane carrying any electronic device larger than a smartphone. The official reasoning behind the electronics travel ban is a growing concern that terrorists could hide bombs inside devices like laptops. How long will the electronics travel ban last? Checkout the whole story here!
experience the fantastic sunrise at the summit Of monte Siani revered in biblical terms as it is said that God delivered the Ten Commandments to Moses, watch the sunrise from the top, descend towards St. Catherine Monastery for a journey on to Saint Catherine's Monastery, Visit the biblical area of the Burning Bush , then transfer back to Taba at 11.00 am.
Inspired by the promise of vastly increased flight durations, the Russian and American militaries experimented with nuclear powered aircraft for two decades, but the concept never progressed beyond a handful of trials. Lockheed Martin's Skunk Works claims to have the solution in its grasp, unveiling plans for a compact nuclear fusion generator that could power everything from aircraft to naval vessels within ten years.
Inspired by the promise of vastly increased flight durations, the Russian and American militaries experimented with nuclear powered aircraft for two decades, but the concept never progressed beyond a handful of trials. Lockheed Martin's Skunk Works claims to have the solution in its grasp, unveiling plans for a compact nuclear fusion generator that could power everything from aircraft to naval vessels within ten years.
MORE THAN EIGHT in ten hotels in the U.S. experienced difficulties in operations due to supply chain disruptions, according to a survey. Nearly three in four hotel operators say the disruptions are negatively impacting their business revenue.
The American Hotel & Lodging Association conducted the survey among more than 500 AHLA members during Nov. 8 to 22.
More than half, 52 percent, of respondents said that the problem became worse over the past three months, and 74 percent said supply chain issues are having a
negative impact on business revenue.
The impact on operations could have repercussions for employment, underscoring the need for targeted federal relief for hotel employees, such as the Save Hotel Jobs Act, according to AHLA.
"Hotels have a complex supply chain that requires regular procurement of a wide range of goods and services each day. And whether it's production backups or shipping delays, supply chain disruptions are compounding hotels' existing problems and increasing operating costs during an already tough time," said Chip Rogers, president and CEO of AHLA. "This survey highlights just how widespread these challenges are for hoteliers. That's why now is the time for Congress to pass the Save Hotel Jobs Act, so hotel employees can get the relief they need during these difficult times."
THE BAIRD/STR Hotel Stock Index jumped 15.8 percent in October, according to STR. There were no signs of slowing as U.S. demand continued to strengthen during
the month.
The index decreased 8 percent year-to-date through the first ten months of 2022. The index fell 9.1 percent in September. In October, the index outgrew both the S&P
500, up 8 percent and the MSCI US REIT Index, increased 4.7 percent. The hotel brand sub-index increased 14.4 percent from September to 9,458, while the hotel REIT
sub-index grew 20.6 percent to 1,193.
"October was a strong rebound month for hotel stocks, and they recouped all their losses from the prior two months," said Michael Bellisario, senior hotel research
analyst and director at Baird. "Importantly, both the global hotel brands and the hotel REITs were relative outperformers versus their respective benchmarks in
October. As investors shifted their focus from broader macroeconomic uncertainties to sector-specific performance ahead of and through third-quarter earnings
reports, hotels continued to screen favorably given still-strong underlying fundamentals and an intact post-pandemic recovery thesis."
TRAVELERS AS WELL as hoteliers are ready for business travel to get back to normal, according to the American Hotel & Lodging Association. Nearly two-thirds of business travelers feel that the increased reliance on virtual work during COVID-19 is negatively impacting both productivity and workplace culture.
As many as 77 percent of business travelers and 64 percent of American workers think that it is more important than ever to bring back business travel, according to a survey commissioned by the AHLA. The poll, conducted by Morning Consult among a national sample of 2,210 adults from March 8 to 9, also revealed that nearly seven in ten Americans approve the Centers for Disease Control and Prevention's recent move to relax mask requirements.
According to the survey, 43 percent of U.S. workers are more likely to travel for business compared to 2020-21.
COMMERCIAL REAL ESTATE lender Stonehill is ranked as the 10th largest U.S. commercial real estate hotel lender by origination volume based on the 2021
Mortgage Bankers Association loan origination rankings. The ranking comes after the company originated $822 million in loans across 30 transactions in 2021 with
an average transaction size of $27.4 million.
Stonehill is a subsidiary of Atlanta-based Peachtree Hotel Group, led by Jatin Desai and Mitul Patel, who are principals of Stonehill and Stonehill PACE, as well
as members of the Stonehill's investment committee. MBA's annual originations rankings report is a comprehensive set of listings of 149 commercial/multifamily
mortgage originators, their 2021 volumes, and their different roles.
"We are honored to be ranked in the MBA's leading industry list," said Mat Crosswy, Stonehill's president and managing principal. "Our top-ten position is a
testament to our commitment to understanding our sponsors' business plans and accomplishing the transactions on their financial deadlines. We have a terrific
opportunity to grow further as the hospitality industry is in a sustained recovery cycle. Hotel owners are looking for thoughtful options with capital partners
that understand the industry's nuances, particularly considering the impact of the pandemic on hotel operators."
U.S. EXTENDED-STAY HOTEL occupancy declined across 59 MSAs in 2023 compared to 2019, primarily due to significant ADR growth over the past three years,
according to The Highland Group. Additionally, exTENded-stay hotel RevPAR surged in more than 80 percent of MSAs, with TEN of them, including four major hotel
markets, experiencing gains exceeding 10 percent.
Despite an 8 percent increase in the number of exTENded-stay hotel rooms under construction in the 100 largest MSAs over the past year, the figures remain below
pre-pandemic levels, the report said.
The resurgence in occupancy was notably led by smaller markets, where strong ADR increases and supply expansion played pivotal roles in driving the lowest
occupancy recovery indices for MSAs in 2023.
REPRESENTATIVES OF THE U.S. hospitality industry recently rejected the New York City Council's revisions to the proposed hotel licensing bill, which include
a new licensing structure, direct employment of housekeeping and maintenance staff, and a ban on subcontracting key operations. The American Hotel & Lodging
Association and the Hotel Association of New York City objected to the amendments, warning of potential closures and layoffs in the city's hotel sector.
The bill, known as the Hotel Safety Act, originally proposed by Councilwoman Julie Menin on July 18 and revised on Aug. 2, seeks to introduce staffing and
operational mandates that AHLA considers unnecessary.
"The city council's discussions regarding the Hotel Safety Act continue to exclude those who will be most affected by the legislation-hotel owners, management
companies, sub-contractors and tens of thousands of hotel workers," said Kevin Carey, AHLA's interim president and CEO. "It is imperative that all stakeholders
have a real seat at the table. If this is a matter of public safety and crime, as has been claimed by Councilwoman Menin and the bill's proponents, let's review
the facts and statistics to see what picture they paint."
COSTAR GROUP, A real estate marketplace and analytics provider, granted STR's hotel data subscribers access to its full product suite, enabling users to
leverage multisegmented market analytics and forecasts. The services include a tenant database of 7.8 million spaces, an inventory of 6.7 million properties, a
pipeline tracking 79,000 projects and a transactions database with 4.2 million sales comparables, CoStar said in a statement.
"Today, CoStar becomes the product for tens of thousands of hotel users worldwide," said Andy Florance, CoStar Group's founder and CEO. "With access to the full
product offering, hotel owners, operators and brand representatives will gain comprehensive insights across all commercial asset categories, enabling them to
refine their sales strategy and identify new investment opportunities."
STR's latest benchmarking solution debuted within the CoStar product in May 2023, the statement added. This comprehensive, multilingual tool offers enriched STAR
Reports, detailed property and portfolio insights, and advanced visualizations to streamline revenue and performance management, operations, sales, marketing,
and finance.
If you're planning an international trip anytime soon, there's a good chance that you'll be flying to one of the world's top destination cities! We have a list of the top ten international travel destinations that you would love to visit this year. Also, know what passport and visa requirements you must have in order to visit for tourism.
Which airlines provide sky-high connectivity? And are the prices sky high? Would you choose an airline based on its connectivity charges? As the world of business becomes ever more international which airlines provide connectivity and how much does it cost?Here are ten examples stretching from Aeroflot to South West Airlines.
From Qantas' QF7/QF8 to Cathay Pacific's CX 830/831, airport-technology.com lists the world's top ten ultra long-haul non-stop flights based on distance.