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Vacation News Edition | WORLD PROPERTY JOURNAL

A Digital Newspaper for the Global Real Estate Industry

Thanksgiving Travel in U.S. to Dip 10 Percent, Largest Decrease Since 2008 Recession

Thanksgiving Travel in U.S. to Dip 10 Percent, Largest Decrease Since 2008 Recession

According to AAA Travel, Thanksgiving will be on the lighter side when it comes to the typical number of travelers on U.S. roads and airports. Read More »


Top 5 Thanksgiving Getaways in America Revealed

Top 5 Thanksgiving Getaways in America Revealed

Thanksgiving is one of my favorite holidays. For one thing, it ushers in a season of warmth and joy and togetherness for families and friends. For another, it ushers in a day of fantastic food and happy spirits among all. Read More »

Vacation Housing Markets Trending Higher with Buyers Amid Pandemic

Vacation Housing Markets Trending Higher with Buyers Amid Pandemic

Impacts from the coronavirus pandemic have rippled out to traditional U.S. vacation destinations, which are seeing increased interest from homebuyers. Read More »

My Top 5 Great Autumn Escapes in America Revealed

My Top 5 Great Autumn Escapes in America Revealed

Ahhh, finally, it's Autumn! The summer heat is gone, and the constant search for shade is over. The air is fresher, crisper, clearer, and filled with soft autumn breezes and the promise of upcoming holidays and (hopefully!) warm family gatherings to celebrate them again. Read More »


Search for Vacation Real Estate Listings

Vacation Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »


Regional Vacation Real Estate News

Last Updated November 25, 2020 9:00 AM ET

North America

According to AAA Travel, Thanksgiving will be on the lighter side when it comes to the typical number of travelers on U.S. roads and airports.

Thanksgiving is one of my favorite holidays. For one thing, it ushers in a season of warmth and joy and togetherness for families and friends. For another, it ushers in a day of fantastic food and happy spirits among all.

Impacts from the coronavirus pandemic have rippled out to traditional U.S. vacation destinations, which are seeing increased interest from homebuyers.

Ahhh, finally, it's Autumn! The summer heat is gone, and the constant search for shade is over. The air is fresher, crisper, clearer, and filled with soft autumn breezes and the promise of upcoming holidays and (hopefully!) warm family gatherings to celebrate them again.

In a new COVID-19 world we now find ourselves all living in, this Memorial Day weekend has become the unofficial start of 2020's new "homecation" season.

After suffering the greatest performance declines in the history of the U.S. lodging industry during 2020, the nation's hotels will benefit from what is expected to be a relatively rapid economic turnaround in 2021 and 2022.

Last Updated July 20, 2018 9:00 AM ET

Latin America

According to a new Global Retirement Index by International Living Magazine, Costa Rica won the top spot for U.S. expats to retire in 2018.

Panama-based Red Frog Beach Island Resort & Spa announced this week the resort's newest amenity, La Rosa Beach Club. The new addition features event and meeting spaces, a bar, a restaurant, a stunning waterfall and an infinity-edge pool.

Billionaire real estate developer and U.S. President Donald Trump, who once considered building luxury hotels in Cuba, is getting set to swing a sky-high verbal crane over the tiny Communist-governed nation.

More than 33,830 rooms in 199 hotel projects are under contract in the Caribbean and Mexico. The total represents a 4.4% increase in rooms under contract compared with January 2016.

Cuban President Raul Castro has confronted U.S. President-Elect Donald J. Trump's hardball pitch to possibly break up President Obama's one year-old detente with the Communist island nation with a hardball gesture of his own.

According to STR, hotels in the Central and South America regions recorded mixed results in the three key performance metrics when reported in U.S. dollar constant currency during July 2016.

Last Updated January 31, 2020 9:00 AM ET

Europe

Based on new data by HVS London, AlixPartners and STR, London hotels saw RevPAR growth of 0.9% in Q4 2019, to £135.25 compared with the previous year.

"FIFA World Cup 2018 had the desired effect: the number of guests in hotels of cities that are traditionally in demand by Russian and international tourists has increased this summer. In Saint-Petersburg, for example, the occupancy broke a three-year record with market average result of 88%

In 2018 hotels in the city saw a 10.6% increase in RevPAR [rooms revenue per available room] year-on-year, but visitor numbers took a knock at the end of the year and the start of 2019 with the unrest caused by the 'gilets jaunes' movement.

According to HVS London, AlixPartners and STR, London hotels collective RevPAR rose 6% in Q2 2019 on the back of visitors traveling to the capital to watch the ICC Cricket World Cup and the Major League Baseball.

According to a new report from global hotel consultancy HVS, tourism numbers to the Hungarian capital of Budapest have risen by 12% over the past three years prompting a recovery in the city's hotel sector and stimulating further demand for vacation property assets.

Hotels in the two Russian cities of Moscow and Saint Petersburg recently enjoy the benefits of massive tourism inflows with the recent World Cup Soccer event.

Last Updated July 28, 2020 9:00 AM ET

Asia Pacific

The global economy has been badly hit by the COVID-19 pandemic as it hindered economic activities and travels between countries.

60% of the operators surveyed believe that it will take between 13 to 24 months for their portfolio to return back to 2019 RevPAR levels.

Steadily increasing visitor arrivals to Hong Kong have resulted in hotel occupancy rates reaching all-time highs and triggering the return in hotel room rate growth.

Not only is it one of the top retirement havens for Australians, but with more than 250 courses scattered throughout Thailand, it has fast become a golfer's dream. Because of such, the editors at International Living Australia have just pinpointed the best golf courses in Thailand for 2018.

Hong Kong led the Asia Pacific region by volume of hotel investment transactions, with 11 deals worth a total of nearly $1.5 billion in the year to September 2017.

Asia hotel investors during the first half of 2017 remained focused on gateway cities such as Hong Kong, Singapore, Sydney and Melbourne, as they offer positive tourism and trading fundamentals.

Last Updated May 29, 2018 8:01 AM ET

Middle East and Africa Pacific

According to STR, hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

According to STR, hotels across the Middle East reported mixed Q1 2018 performance results, while hotels in Africa posted growth across the three key performance metrics.

According to STR, hotels in the Middle East reported mixed performance results in January 2018, while hotels in Africa posted growth across the three key performance metrics.

According to STR, hotels in the Middle East reported negative 2017 performance results, while hotels in Africa posted growth across the three key performance metrics.

According to STR, the hotel industry in Dubai, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth.

According to STR, the first half of Ramadan 2016 indicates that Mecca, Saudi Arabia, was the only major hotel market in the Middle East to experience an increase in revenue per available room (RevPAR) during the first two weeks of the holiday.

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