Croatia's domestic groups are only now showing ambition to expand internationally.

Thai hotel investment rises by 11.5 percent thanks to five hotel deals.

Three quarters of hotel chains have reported high levels in business year-over-year. 

While Europe will see rising hotel prices, they are poised to fall in Latin America and the Caribbean.

The recently-opened hotel is the first in Singapore offered to the market since the last comparable sale in 2013.

Revenue for South Africa, Nigeria, Mauritius, Kenya and Tanzania is forecast to rise to R59.2 billion in 2021 from R39 billion in 2016.

The new system contains categories for city hotels, highlands hotels, island/beach/lake/river resorts, innovative hotels and boutique hotels.

Several factors have lead to significant hotel performance growth in Europe's hotel industry.