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 Latest Industry News    Click title to read article
Hilton debuts in Bali with stunning cliff-top getaway
8-Dec-2016 :: Hilton opens the Hilton Bali Resort, designed for travelers seeking relaxation and rejuvenation, the resort brings breathtaking views, extensive recreation facilities and magnificent event space to the Nusa Dua beach enclave on Bali&rs...
Le Méridien Hotels & Resorts expands in Shanghai
8-Dec-2016 :: Le Méridien Hotels & Resorts announced the opening of Le Méridien Shanghai, Minhang in the Hongqiao Hub of Shanghai, the hotel marks the third Le Méridien and the 34th property of Marriott in the city of&n...
EU renewable energy directive must prioritize sustainable aviation fuels
8-Dec-2016 :: The IATA welcomed the European Commission’s revision of the Renewable Energy Directive (RED) to incentivize sustainable fuels, and urged policy-makers to go even further in prioritizing their use for air transport...
European chain hotels market review
7-Dec-2016 :: Whilst year-on-year growth has slowed slightly this month profit performance at hotels in Dublin remains the fastest growing in Europe, achieving a 25...
In Focus: Alexandroupolis, Greece
7-Dec-2016 :: This snapshot provides an overview of Alexandroupolis’s hotel market, the regional capital of Evros Prefecture, due to its favorable location, Alexandroupolis is an important port and commercial center of northeastern Greece...
News from around the Asia Pacific region, December 7
7-Dec-2016 :: Hotel industry and travel news from around the Asia Pacific region: Tribute Portfolio arrives in Bali, Shangri-La, Taj, Hotel Indigo to open in 2020, in Brisbane and more...
Hilton board approves spin-off of Park Hotels & Resorts and Hilton Grand Vacations
6-Dec-2016 :: Hilton Worldwide Holdings announced that its Board of Directors has approved the distribution to its shareholders of all of the outstanding shares of Park Hotels & Resorts Inc, which will become the holder of a portfolio of hotels and r...
Hotel transaction volume doubles in Q3 driven by portfolio activity
6-Dec-2016 :: Key indicators of the US hotel industry in Q3 2016 suggest that the sector is witnessing normalized growth levels...
Airbnb partners with SolarCity to bring solar energy to the sharing community
6-Dec-2016 :: Airbnb and SolarCity Corp are announcing a new partnership that will connect Airbnb hosts and guests with an affordable and sustainable way to power their homes with solar energy, and are releasing estimates of the environmental b...
Hotel investment climate remains favorable despite interest rate increases
6-Dec-2016 :: Prospects for hotel investors remain reasonably favorable even if interest rates move upward, based on an analysis of hotel capitalization rates, a new study from the Cornell Center for Hospitality Research establishes the relatio...
Is Trump planning hotels in Taiwan?
5-Dec-2016 :: A businesswoman claiming to be associated with the Trump Organisation reportedly expressed interest in investing in luxury hotels near the island's developing airport...
AC Hotels joins forces with Bombay Sapphire gin to debut exclusive GIN & Tonic
5-Dec-2016 :: AC Hotels by Marriott® has joined forces with its global brand ambassador Nigel Barker and Bombay Sapphire Gin to debut a custom crafted small-batch tonic and first-ever specially designed Gin & Tonic glass...
Beijing launches traditional Chinese medicine tours directed at foreign audiences
4-Dec-2016 :: Ctrip helps Beijing reestablish its image as a popular destination for travelers interested in the benefits of the ancient medical therapy...
Spanish hotel investment record the highest year-on-year growth
4-Dec-2016 :: Q3 2016 was overall more positive compared to the first half of 2016 with the decline in deal volumes only down by 6% compared to a strong Q3 2015, according to the latest figures from global commercial property advisor CBRE...
Hangzhou reestablishes its image as a popular MICE destination following the G20 Summit
3-Dec-2016 :: Hangzhou has long been synonymous with idyllic scenery and a leisurely pace of life...
Capella Hotel Group Asia makes debut in Mainland China
3-Dec-2016 :: Capella Hotel Group Asia and illustrious culinary icon Pierre Gagnaire are pleased to announce their joint debut in Mainland China, Comptoir Pierre Gagnaire, a new concept by Mr...
Strong dollar boosts US outbound travel – Brazilians cut international trips
2-Dec-2016 :: It has been a year of ups and downs for international travel in the Americas: In North America, the US outbound market is performing very well thanks to the strong dollar, but in South America, Brazilians have cut back on international trav...
The world's best cities revealed for fun, going out, culture, love and affairs
2-Dec-2016 :: Chicago is the world's most fun city to live in, while Melbourne comes in second, Lisbon third and New York fourth, according to the Time Out City Index; 20,000 people in 18 cities worldwide were aske...
NUO Hotels expands its portfolio in China's capital, taking over Raffles Beijing Hotel
2-Dec-2016 :: On 1st December 2016, Luxury Brand NUO, managed under Key International Hotels Management, will add a second hotel to its portfolio, Raffles Beijing Hotel will be renamed Beijing Hotel NUO; The landmark hotel which was o...
The Hyatt Regency brand marked its return to Sydney
2-Dec-2016 :: The Hyatt Regency brand marked its return to Sydney with the debut of Hyatt Regency Sydney and having operated in Australia for over 30 years, Hyatt hotels have developed a strong reputation in the country, and the opening of the new H...
Increased development and greater product diversity set to drive leased hotel investment
2-Dec-2016 :: Fixed income lease structures are set to become more prominent throughout the UK hotel sector over the next three years as investors look for long-dated income and low-risk opportunities...
Le Méridien introduces a new bath amenity programme
2-Dec-2016 :: Le Méridien Hotels & Resorts introduced a new bath amenity programme with globally sought-after skincare brand MALIN + GOETZ, this partnership marks the first time that MALIN + GOETZ is partnering globally with a hotel brand, bri...
Airbnb expands beyond the home with the launch of trips
1-Dec-2016 :: Airbnb unveiled the most significant development in its eight year history as it moves beyond accommodation with the launch of Trips, shifting focus to making the entire trip easy and magical, opening up concept of hosting, empowe...
Hospitality and travel industry use of visual assets
1-Dec-2016 :: The Hospitality Sales & Marketing Association (HSMAI) announces the release of 'The Lifecycle of Visual Assets in Hospitality and Travel', produced in partnership with Libris by PhotoShelter, the special report offers a clear picture of...
Marriott partners with Goinstore to enhance & innovate offering for meeting planners
1-Dec-2016 :: Marriott International announces an exclusive relationship between its European Convention Network (ECN) and London-based technology start-up, GoInStore; through this arrangement, meeting planners will have access to virtual ...
Shangri-La and Taj form strategic alliance, integrating both their loyalty programmes
30-Nov-2016 :: Two of Asia’s most iconic luxury hotel groups, Hong Kong-based Shangri-La Hotels and Resorts and Mumbai-based Taj Hotels Resorts and Palaces, announced they have formed a ground-breaking strategic alliance to broaden their reach and o...
News from around the Asia Pacific region, November 30
30-Nov-2016 :: Hotel industry and travel news from around the Asia Pacific region: AccorHotels launches F1 brand in Nashik and Chennai, Singapore Hotels release transformation map, Ascott, India and more...
Mövenpick opens resort and spa in Bali in January 2017
30-Nov-2016 :: Inspired by the traditional five elements of Balinese design, Mövenpick Resort & Spa Jimbaran, Bali will start welcoming guests on January 12, 2017 as the brand's respected upscale hospitality offering arrives in the Island of the ...
Context is key for mobile travellers
30-Nov-2016 :: With travellers’ behaviour becoming ever more dynamic and socially connected through the use of mobile technology, tourism practitioners stand to benefit from a distinct conceptualisation of the travel context...
Delta CEO: Delta requires 'civility on our planes'
30-Nov-2016 :: CEO Ed Bastian shared the memo below with all Delta Air Lines employees today...
Airbnb enters into tax agreement with Idaho Tax Commission
30-Nov-2016 :: In Idaho, sales of temporary lodging lasting 30 days or less are subject to taxation, so beginning December 1, 2016, Airbnb will begin collecting taxes on behalf of its hosts who use the service to list Idaho properties ...
WTTC and UNWTO urge UK government to lift air ban to Sharm el Sheikh
30-Nov-2016 :: In a letter to Prime Minister Theresa May, David Scowsill, President & CEO, WTTC, and Taleb Rifai, Secretary-General, UNWTO, stressed the importance of resuming operations to the Egyptian coastal resort as the current travel advisory is...
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Sharing economy brings best tourist experiences to visitors of New York
Friday, 9th December 2016
HeadOut, a mobile app for booking last-minute experiences, has teamed up with short term property manager and Airbnb concierge, MetroButler, to offer New York visitors deals on nearby attractions...

MENA chain hotels market review
Friday, 9th December 2016
Profit per room in the Rooms Department at Manama hotels dropped by more than 10% this month, which was in spite of savings in both departmental Cost of Sales and Payroll, according to the latest data from HotStats...

The Hotel Yearbook announces first-ever publication dedicated to sustainability
Thursday, 8th December 2016
The Hotel Yearbook launches its 4th annual look at hotel technology trends, including profiles of 18 tech-based hospitality startups; partners with IUBH’s Prof...
 The Month's Most Read News
ITB Berlin 2017 Marketing Programs
Monday, 28th November 2016
In March 2017, we will be covering the world’s largest travel show again and the dedicated ITB Berlin news site's popularity and traffic is highly expected to increase once again as it has been increasing YOY...

Why Investors invest in Portugal - Seeking Investors
Thursday, 10th November 2016
Coupled with the security of investments, a vibrant local economy, and political stability, people continue to look to Portugal not only for property investment, but short and long-term tourism, especially during the Northern-European Winte...

PMS and Reservation engines for boutique and independent
Tuesday, 22nd November 2016
The Unplugged Collection is the Property Management System (PMS) and Reservation engine of choice for independent hotels, Villas and boutique chains...

Airports in China look to new technologies to manage growth
Saturday, 26th November 2016
Airports in China are investing in the latest technology to manage growth and changing passenger expectations, over the next three years 50% will invest in systems to predict potential disruptions before they occur...

Luxury travel market to reach $1,154 Billion, globally, by 2022
Monday, 21st November 2016
Global Luxury Travel Market is expected to generate $1,154 billion by 2022, growing at a CAGR of 6...

News from around the EMEA region, November 14
Monday, 14th November 2016
Hotel industry and travel news from around the Europe, Middle East & African region: Four Seasons at Trinity Square now taking reservations, Radisson Blu to take a bite out of Brasov, three more Meliá Hotels for Cape Verde a...


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