Have you ever imagined a city having robots as tour guides? The capital of Hungary, the 9th largest city in Europe known for their majestic architecture, Budapest presents interesting news for its visitors: the possibility of having a customized travel itinerary created by artificial intelligence. Well, it’s not a humanoid robot as much as a […]
Tag: Europe
2020 worst year ever for Europe, US, Asia Pacific, Middle East and African hotel markets
COVID-wracked 2020 was the worst year ever in terms of performance for the Asia-Pacific, US, Europe, African and Middle East hotel markets, according to industry analyst STR. Asia Pacific Occupancy: 44.5% (-35.6% compared with 2019) Average daily rate (ADR): US$74.99 (-22.2%) Revenue per available room (RevPAR): US$33.39 (-49.9%) Each of the three key performance metrics […]