In the past few years we’ve witnessed subscription models spread from the software space to almost every industry vertical. But where will it end? Lucy Ingham hears from industry experts on the future of life built on the software-as-a-service model, and why it may not be as positive as it seems.
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Hotel room revenue on the Thai island of Koh Samui increased to $25.5m in the first six months of this year compared with the same period in 2009, according to a report. The increase has been attributed to an upswing in visitor arrivals, which in turn increased hotel occupancies and rate
Hotel occupancy for York, England, dropped by 2.4% to 82% in June this year, compared with the same period in 2009, according to an industry report. The statistics by PKF Hotel Consultancy Services also revealed that yield taken per room fell by 0.8% to £54.15 ($82.20), de
In this issue: How the co-working revolution is driving a transformation in office design, the privatisation of public space, the RIBA’s view of the UK election manifestos, the elegant restoration of listed buildings and much more
Capital expenditures at US hotels is expected to fall by 10% from the $3bn spent in 2009, according to a new study by New York University. Marriott International and Starwood Hotels & Resorts Worldwide saw an unprecedented drop in demand last year, reports Reuters. In
Invesco Real Estate has acquired three hotels in Paris and Rome for an investment of 90m ($110m). With the acquisition, the company will have 13 hotels in its portfolio, bringing its overall investment to €560m ($688m) in the sector. The latest assets were acquired from