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Deutsche Hospitality

Asia-Pacific

Japan Is Nearly Recovered But Thailand Still Lags

The Tourism Authority of Thailand expects the country’s tourism sector to generate up to 2.4 trillion baht in revenue this year, or 80% of earnings in 2019. 880 billion baht would come from Thai tourists while the other 1.5 trillion would be from foreigners. The TAT said the big issue continues to be airlines as they have […]

April 4th, 2023

North America

Marriott Cleared to Acquire City Express Portfolio

The DJIA ended Friday down 345 points although individual stocks seemed to be down a lot more than the major ones in the indexes. Nasdaq fell 199, the S&P 500was down 57 points and investors surged into treasuries as a safe haven, dropping the yield on the 10-year by .23 to 3.70%. Lodging stocks were lower with the exception of MCG which […]

March 12th, 2023

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