In 2008, the global hotel industry was worth $447 billion dollars. It experienced a dip in 2009 decreasing significantly to $395 billion dollars, but grew again from 2010. It has experienced exponential growth since then. Early predictions for 2016 forecasts a global revenue of $550 billion dollars at year's end.
By Michelle Mangan 3 Feb 2016 12:18
5-star Strandloper Ocean Boutique Hotel in Paternoster has been selected to represent South Africa in a global marketing campaign by travel trade show, ITB Berlin, celebrating its 50th anniversary. 50 Berliners will travel with the 'ITB Berlin Buddy Bears' to 50 unique destinations all over the world, to meet 50 representatives and showcase 50 special events, topics or projects.
2 Feb 2016 09:47