TODAY: Airbnb guests spent more in restaurants in Asia Pacific, Hotel transactions in Asia Pacific and Hong Kong’s keen on short-haul and exotic destinations.

Wednesday, 18th October 2017
According to Airbnb’s ​Restaurant Spending Report, Airbnb guests have spent 35 percent more on eating out ​across five cities in Asia Pacific (​APAC): ​Hong ​Kong, ​Osaka-shi, ​Singapore, Sydney, ​and ​Tokyo ​during ​their ​trips in 2017. This is ​$260 ​million ​more ​than ​the ​previous ​year, which ​saw ​$740 ​million ​in ​guest ​spending ​throughout ​cities ​across ​APAC >>

Hotel transactions in Asia Pacific
18 Oct 2017 : In comparison to the same period the previous year, transaction volume in Asia Pacific has increased by almost 12% with China contributing to 40% of the hotel transaction volume in the region. The largest transaction recorded was the portfolio of over 75 properties under Dalian Wanda China >>

Hong Kong’s keen on short-haul and exotic destinations
18 Oct 2017 : The key findings from the first half-year of 2017 statistics of the Top 20®, that short-haul destinations remain by far the most popular vacation choice and there is a new trend that exotic destinations are gaining attraction from sophisticated travelers in Hong Kong >>

The UNWTO/PATA Forum on Tourism Trends and Outlook focus on sustainable tourism
18 Oct 2017 : Asia and the Pacific recorded 308 million international tourist arrivals in 2016. With a 9% increase over 2015 it had the highest growth in both relative and absolute terms across all regions consolidating the trend of past years. Asia boasted a robust growth of 6.5% a year between 2005 and 2016 >>

Business travel influence on employee retention, recruitment and results
18 Oct 2017 : The GBTA Foundation released a new study, in partnership with Sabre Corporation, focused on creating a frictionless travel experience: the study surveyed business travelers across the globe and revealed the dramatic impact business travel has on employee retention, recruitment and results >>

HIGHLIGHT ARTICLE

The Relationship Between Social Media & Revenue Management
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With countless social network platforms available at our disposal, we’re able to connect and share information whilst simultaneously engaging and collaborating with our followers. Social media has most definitely proposed multiple benefits for businesses, yet the true power of social media is often underestimated >>

Six Areas That Can Propel Digital Transformation
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