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The 16th edition of the Arabian Hotel Investment Conference (AHIC), will take place in a brand new format over three days from September 29  - October 01 of this year, with an exciting programme filled with critical insights from industry leaders, and networking opportunities designed for the new world.

TravelClick announced the launch of its Demand360 business intelligence solution, hailed as the only competitive market intelligence product available to the hospitality industry that provides future visibility into markets and share performance across all distribution channels and segments in Finland.

Based on STR Global's report, average daily rate (ADR) plummeted 12.3 percent to USD200.66, while RevPAR was down 16.3 percent to USD135.24.