Based on new AAA predictions, 54.6 million people will travel 50 miles or more from home this Thanksgiving holiday in America. That's a 1.5% increase over 2021 and 98% of pre-pandemic volumes. This year is projected to be the third busiest for Thanksgiving travel since AAA started tracking in 2000.
According to JLL's Asia Pacific Hotel Investment Highlights Report for 2H 2022, investment volumes are projected to increase by 14% year-on-year as normalcy returned to the market with the resumption of broad leisure and business travel in the region.
According to global hotel consultancy HVS, hotels in Düsseldorf, the world's top destination for trade fairs and business conventions, have seen a market bounce in the second half of 2022 in line with Germany's economic growth and the slow return of international and business demand.
According to JLL's Hotels & Hospitality Group's latest Global Hotel Investor Sentiment Survey, approximately 80% of investors plan to be net buyers in 2022.
The country of Japan is significantly loosening Covid-19 border restrictions that are expected to drive increased inbound travel demand, says global property consultant CBRE.
Posted on June 29, 2022
Posted on October 13, 2022