As the summer months approach, the MICE (Meetings, Incentives, Conferences, and Exhibitions) market is experiencing notable growth, according to the latest data from Cendyn. The insights from May 2025 reveal significant trends that hoteliers can capitalize on.
In the United States, the market saw a 7.3% increase compared to last year, with corporate events dominating at a 63% market share. Cities like St. Louis, Phoenix, and San Diego showcased growth across sectors such as education, finance, and healthcare.
The Middle East market thrived on real estate events, which grew by an astounding 142%, despite regional uncertainties. Notably, Abu Dhabi and Doha were significant contributors to this growth. In the APAC region, rapid recovery was observed with large-scale events in cities like Melbourne and Hong Kong. The non-profit and social services sectors expanded by 10.7%, creating a demand for larger venues to host significant cultural gatherings.
For hoteliers, maintaining versatile event spaces is crucial. The rise in specific industries, such as real estate and finance, offers targeted opportunities. As events grow larger, venues must adapt quickly to accommodate increasing space requirements, ensuring they are prepared to harness ongoing growth trends.
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A surge in home insurance premiums is reshaping housing markets across the country, hitting disaster‑prone regions the hardest. From Louisiana to Colorado and California, deals are collapsing, buyers are backing out, and home values are dropping as insurance becomes a central affordability hurdle. New data shows climate‑driven risk repricing and soaring reinsurance costs are stripping tens of thousands of dollars from property values, forcing some homeowners to sell at a loss—or go uninsured altogether.
After years of sluggish activity, the National Association of REALTORS predicts 2026 could mark the long‑awaited rebound for the housing market. With a projected 14% jump in home sales, steadier rates near 6%, and rising buyer activity, NAR economists say momentum is already building. Early signs—like a 31% surge in mortgage applications, continued job growth, and stabilizing prices—suggest a stronger, more confident market ahead, creating fresh opportunities for both seasoned professionals and aspiring agents preparing to enter the field.
A surge of global capital is reshaping real estate heading into 2026, with investors shifting toward hands‑on strategies, cross‑border diversification, and high‑growth asset classes like data centers. Colliers’ 2026 Global Investor Outlook highlights rising confidence, improving liquidity, and a major pivot toward direct investing and value‑add opportunities. From office market rebounds to Asia Pacific’s rapid fundraising growth, the report outlines trends every real estate professional should understand as the industry enters a more dynamic, opportunity‑rich cycle.
Culver City just became the first place in California to legalize six‑story apartment buildings with only one staircase — a simple change that could reshape mid‑rise housing statewide. By freeing up as much as 7% more usable floor space, architects say single‑stair designs allow bigger units, more windows, and the kind of elegant layouts common in New York and Europe. If the city’s six‑year experiment succeeds, it may spark a broader rethinking of U.S. building codes and open the door to more flexible, affordable multifamily development across California.
Stratford homeowners are receiving their 2025 Notices of Assessment Change, marking the town’s first property revaluation since 2019. Officials emphasize that rising assessments do not equal higher tax bills, as a new mill rate won’t be set until spring 2026. Residents can challenge or review their updated valuations through informal hearings hosted by Vision Government Solutions, with appointments available for one week after receiving a notice.
New reporting reveals Florida homeowners now face an average insurance premium of $5,838 per year — nearly triple the national average. With skyrocketing rates, denied claims, and mounting non-renewals, residents are being pushed to tough financial decisions while lawmakers scramble to implement reforms. From retirees skipping coverage to families battling insurers for fair payouts, Florida’s insurance crisis is reshaping both the housing market and the daily lives of homeowners statewide.
