Search Results for: Brazil

Regional Reports – Americas & Canada

A strong US dollar has seen New York confirmed as the region’s most expensive city and Manhattan the costliest North American locations for ex-pats working on assignment. Los Angeles and Washington are the second and third most expensive US cities. Toronto is Canada’s most expensive city, followed by Ottawa and Montreal. Meanwhile, south of the …

New Horizons – The Rise of the Serviced Apartment

By Charles McCrow, The Apartment Service The corporate market has waited a long time for serviced apartments; just over 20 years in just about every region outside the USA. Serviced apartments, mainly in the form of Extended Stay Hotels, are now proliferating in countries such as Australia, Singapore, Thailand, South Africa, Germany, Brazil, Dubai, France …

Industry Overview

by Mark Harris Costs are no longer the sole drivers in corporate accommodation procurement. The work place has changed dramatically in the last 15 years. The workforce is increasingly mobile according to Manpower, more people are living and working away from their home countries than at any other point in history. The Global Expatriate Population …

Regional Report – Europe

Travel and tourism delivered 7.9% of Europe’s entire GDP in 2011, directly employing 10 million people and sustaining 28 million jobs. Employment in the travel industry is predicted to grow by 1.2% per annum over the remainder of the decade, more than any other sector of the economy. Demand The Global Business Travel Association (GBTA) …

Regional Report – Central and South America

South America’s economic growth and increasing stability has created a promising business climate in the region. The development of the main cities has also thrown up compelling investment opportunities. However the picture in each of the region’s countries is not consistent. Whilst nations integrated to the financial markets of South America, Brazil, Chile, Colombia, Peru …

Regional Report – Asia

The Travel & Tourism industry in Asia was worth $554 billion in 2011, generating $1.7 trillion in GDP, or 8.4% of Asia’s GDP. Asia is often referred to as the powerhouse of world tourism, with outbound travel amongst Chinese and Japanese nationals leading the way. Outbound travel from China and Japan grew by 20% and …

Partner Perspectives – Adagio

The brand Aparthotels Adagio is providing urban accommodation solutions for extended stays in major European cities. The brand has the largest network in Europe with 90 properties and 10.000 apartments. As the No 1 network in Europe, it offers different geographical locations to meet the needs of the extended stay travellers, providing two product ranges: …

Barriers – Extended Stay

Corporates who took part in our latest survey cited three principal barriers to greater use of serviced apartments for transient business travel, assignment or relocation purposes. The first is a shortage of apartments in required locations, second the sector’s limited online booking capability, and third a lack of understanding about the serviced apartment product itself. …

Global Industry Review

by Mark Harris, Travel Intelligence Network Introduction The global serviced apartments Industry is continuing to mature, albeit at different rates in different places across the regions. The wider hospitality industry is now showing real signs of post-recession recovery, especially in the serviced apartments sector. This recovery was originally driven by hoteliers dropping their rates to …