Vacation Real Estate News
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Disney Announces New Landmark Theme Park Resort in Abu Dhabi
The Walt Disney Company and Miral, Abu Dhabi's premier developer of immersive destinations, have unveiled plans to develop a groundbreaking Disney theme park resort on Yas Island, marking a historic expansion of Disney's global footprint.
Despite Geopolitical Uncertainty, European Hotel Values Rise
According to HVS' annual Hotel Valuation Index (HVI), hotel values in Europe saw a consistent 2.0% increase in 2024, driven by lower interest rates, modest RevPAR growth, and sustained demand for European travel from international visitors.
Record 119 Million Americans Traveling Over the Christmas Holidays
Hotels and cruise ships across America are going to be very busy in late 2024 as AAA predicts that 119.3 million people will travel 50 miles or more from home during the year-end holiday period, spanning Saturday, December 21, 2024 to Wednesday, January 1, 2025.
80 Million Americans to Hit the Road, Skies and Seas for 2024 Thanksgiving Holiday
AAA estimates that 79.9 million people will travel 50 miles or more from home during the Thanksgiving holiday period. For the first time, the forecast includes the Tuesday before and the Monday after Thanksgiving Day, offering a more comprehensive view of holiday travel patterns.
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European Hotel Transactions Decline 18 Percent in 2022 as Interest Rates Surge
Posted on May 01, 2023
