TODAY: Tours & activities market to reach $183B, Ascott expand footprint in the US.
Travel's tours & activities market to reach $183 Billion by 2020.
The travel industry tends to get preoccupied by what is happening in air and hotel (since they drive the bulk of the global travel market), but it’s the activities on the ground that inspire travelers to go places.
Travel activities, the aggregate of in-destination spend on tours, activities, attractions and events, is the third-largest travel segment and accounts for 10% of global travel revenue.
Louvre enables its clients to open their 1- to 5-star rooms with their smartphones.
The world’s 5th largest hotel group announces the launch of its new 100% digital client experience enabling guests to check-in, open their room using a mobile key, check-out and pay for their stay.
News from around the APAC region.
Hotel industry and travel news from around the Asia Pacific region: Ascott opens flagship Citadines in Nha Trang, Chinese airlines handled 263M passengers in the first half of 2017, Asian budget travelers to Maldives and more...
Ascott acquires an 80% stake in Synergy Global Housing.
The acquisition will expand Ascott’s footprint in the U.S. and strengthen its extensive range of international-class serviced residences for corporate customers worldwide. It will also triple Ascott’s portfolio from over 1,000 units to about 3,000 units in the U.S.
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