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Vacation News Edition | WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Record 103 Million Americans Traveling This Holiday, Most Seeking Warmer Weather

Record 103 Million Americans Traveling This Holiday, Most Seeking Warmer Weather

More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase. Read More »


U.S. Hotel Stock Index Jumps 11.8 Percent in November

U.S. Hotel Stock Index Jumps 11.8 Percent in November

Hotel consultant STR is reporting this week that the Baird/STR Hotel Stock Index increased 11.8% in November 2016 to close the month at 3,474. Year to date, the index has grown 12.3%. Read More »

Waikiki History Grows As Economic Boom Continues

Waikiki History Grows As Economic Boom Continues

Waikiki in Honolulu packs a lot into its small, 500-acre landscape. At just two miles long and half-a-mile wide, there are nearly 300 hotels with over 50,000 rooms to choose from. And according to the Hawaii Tourism Authority, those rooms keep filling up. Read More »

The 5 Top Christmas Hideaways In America Revealed

The 5 Top Christmas Hideaways In America Revealed

It's that time of year again...where spirits are higher, people smile more, and winter takes on a wonderful, warm glow in which snow is beautiful rather than a bother. It really is the happ-happ-happiest time of the year. Read More »


Vacation Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »


Regional Vacation Real Estate News

Last Updated December 23, 2016 2:07 AM ET

North America

More than 103 million Americans--the most on record--are expected to travel for the year-end holidays. This represents a 1.5 percent increase.

Hotel consultant STR is reporting this week that the Baird/STR Hotel Stock Index increased 11.8% in November 2016 to close the month at 3,474. Year to date, the index has grown 12.3%.

Waikiki in Honolulu packs a lot into its small, 500-acre landscape. At just two miles long and half-a-mile wide, there are nearly 300 hotels with over 50,000 rooms to choose from. And according to the Hawaii Tourism Authority, those rooms keep filling up.

It's that time of year again...where spirits are higher, people smile more, and winter takes on a wonderful, warm glow in which snow is beautiful rather than a bother. It really is the happ-happ-happiest time of the year.

According to AAA, over 48.7 million Americans will journey 50 miles or more from home this Thanksgiving holiday, an increase of one million travelers compared with last year.

32,056 rooms in 190 projects Under Contract in the Caribbean/Mexico region. The total represents a 14.3% increase in rooms Under Contract compared with October 2015.

Last Updated November 25, 2016 10:00 AM ET

Latin America

Cuban President Raul Castro has confronted U.S. President-Elect Donald J. Trump's hardball pitch to possibly break up President Obama's one year-old detente with the Communist island nation with a hardball gesture of his own.

According to STR, hotels in the Central and South America regions recorded mixed results in the three key performance metrics when reported in U.S. dollar constant currency during July 2016.

According to STR, hotels in Central and South America recorded mixed Q2, 2016 results when reported in U.S. dollar constant currency.

According to STR's June 2016 Pipeline Report for Central and South America, over 66,352 hotel rooms in 417 projects Under Contract in the Central/South America region.

The developer of West Enclave, a Ritz-Carlton Reserve Residence, located in Los Cabos, Mexico, has opened sales to the public for a limited collection of 27 single-family Residences, following $70 million in pre-sales.

With the official start of summer this Memorial Day weekend, are you looking for an out-of-the-ordinary summer escape, away from the crowds? Well...there are some great ones!

Last Updated October 5, 2016 12:30 PM ET

Europe

Homebuyers now adopt a 5 to 10-year view when purchasing a ski home, and increasingly place great value on the liquidity of their asset.

According to STR, the United Kingdom's hotel industry is in the midst of 30 consecutive months of moving average revenue-per-available-room (RevPAR) growth.

Hotel consultant STR is reporting this week that 2015 marked the first year since 2010 in which the European hotel industry passed hotels in the U.S. in year-over-year revenue per available room (RevPAR) growth.

I travel a lot. And while I'm not a proponent of spending a great deal of money for a hotel, I certainly enjoy the amenities of five-star lodging. Especially if the client is paying for it. I prefer instead, to eat and drink my way around a town.

Dublin is suffering a major shortage in hotel rooms, and that it has an urgent need for an additional 3,000 rooms to satisfy current demand.

According to Christie + Co., the remarkable resurgence of hotel investment in Spain will continue to be a key story in 2016. This is based on their new report titled 'The Keys to the Spanish Hotel Market Recovery'.

Last Updated October 31, 2016 10:03 AM ET

Asia Pacific

According to global hotel consultant STR, Japan's hotel industry has benefited substantially from the devaluation of the Japanese yen.

It's good to be a hotel owner these days as 2015 is on track to be a record year for foreign investment into hotels says JLL.

A new island resort in the Maldives by an accomplished hotel operator with the rare opportunity of property for sale has been unveiled this month.

According to CBRE, Asian investment in European hotels will reach US$22.7 billion in 2015, fueled by the liberalization of domestic controls governing outbound investment.

A recovery that began to emerge late in the third quarter of 2014 couldn't help Thailand's hotel industry overcome a dismal first half of the year as the industry reported an occupancy decline of 11.3 percent.

According to STR Global, hotels in the Asia Pacific region experienced mostly positive results during August 2014 when reported in U.S. dollars.

Last Updated June 28, 2016 9:19 AM ET

Middle East and Africa Pacific

According to STR, the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday.

With the official start of summer this Memorial Day weekend, are you looking for an out-of-the-ordinary summer escape, away from the crowds? Well...there are some great ones!

A newly published report by the prestigious Royal & Ancient Golf Club of St Andrews shows there are 34,011 golf facilities in 206 countries.

According to STR Global, the Middle East-Africa region reported positive year-over-year performance results in two of the three major metrics during January 2015 when reported in U.S. dollars.

French Minister of Culture and Communication, along with a French delegation visits Saadiyat.

Master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced today the full installation of the Louvre Abu Dhabi dome structure.

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