by Ross Woods | Nov 30, 2019 | Blog
The Manhattan lodging market is likely to end 2019 with an overall decline in RevPAR of 3.9%. Average occupancy for the entire market is likely to decline by 1.4% and average ADR is forecast to fall by 2.5% compared to 2018 as illustrated in the following table. The...
by Ross Woods | Nov 11, 2019 | Blog
It’s almost one and a half years since a magnitude 7.0 earthquake struck the island of Lombok, a major tourist destination in Indonesia’s West Nusa Tenggara Province. With its epicenter near Loloan Village in the North Lombok Regency, the earthquake...
by Ross Woods | Nov 5, 2019 | Blog
Yogyakarta, the capital city of the Special Region of Yogyakarta in Indonesia, continues to capitalize on the Indonesian Government’s initiative to develop ten new tourist hubs across the country, known as the “Ten New Balis”. Located approximately...
