MarketsNotableSingle-source
5.3
Austrian tourism sector reports volume growth with declining profitability
Die PresseLO·AT·about 13 hours ago
Hotel Okura Co. has announced plans to open its first hotel in Turkey by 2028, marking a strategic expansion into the Middle Eastern market. The move reflects a broader trend of Japanese hospitality firms seeking growth in high-tourism regions, though the project's success remains subject to local economic stability and construction timelines.