TODAY: ONYX expands its presence in Phuket, US and UK issue Europe travel alert during festive season and Combined value of projects in the GCC crossed US$2T.

ONYX expands its presence in Phuket
Monday, 27th November 2017

ONYX Hospitality Group continues its portfolio expansion with the introduction of OZO Phuket in Thailand, currently under development and scheduled to open in mid 2019, the hotel will offer 255 guest rooms and features which deliver the midscale OZO brand’s hallmarks of sleep, connectivity and exploration >>

US and UK issue Europe travel alert during festive season
27 Nov 2017 : The Department of State alerts US citizens to the heightened risk of terrorist attacks throughout Europe, particularly during the holiday season, while UK's Foreign and Commonwealth Office added Sweden and Switzerland to their list of countries where to remain vigilant >>

Combined value of projects in the GCC crossed US$2T
27 Nov 2017 : The combined value of the 22,680 active construction projects in the GCC has exceeded US$2.43 trillion. The GCC region, which includes the six hydrocarbon-rich six countries, Saudi Arabia, UAE, Oman, Kuwait, Bahrain and Qatar with a combined GDP of US$1.4 trillion – have undertaken massive development and construction activities to diversify their economies >>

Boutique brand with growth pipeline (Adv.)
25 Nov 2017 : They have a unique business model which uses synergistic clusters of boutique developments to gain economies of scale, while utilizing deep local community connections and spreading impact. This also allows them to offer unparalleled authentic experiences to our guests. >>

Singapore starts transformation across hotel industry
25 Nov 2017 : The Singapore Tourism Board (STB) announced a raft of new partnerships to build on the strong momentum of the Hotel Industry Transformation Map (ITM) launched last year, these new initiatives in the coming year are part of STB's ongoing efforts with industry partners to transform Singapore's hotel industry for sustainable growth >>

HIGHLIGHT ARTICLE

Payment Service Providers Help Unlock Asian Hoteliers Growth Potential
Monday, 27th November 2017

Exclusive Feature: The rapid pace of eCommerce growth in the Asia Pacific is keeping nearly every industry that relies heavily on digital interactions on its toes, with online transactions expected to double from US$862 billion in 2016 to US$1.4 trillion by 2021. The travel industry lies at the forefront of such change, with the region expected to surpass North America in digital travel sales, largely driven by China. In this sector, Asia is leading the field in global online travel shopping growth, but along with it the rise of online travel agents (OTAs) is presenting a robust set of challenges and opportunities for hoteliers in the region >>

The Data Revolution Requires a New Mind-Set for Airlines
Airlines are facing new and diverse challenges: from traditional competitors to emergent rivals. This means that there is an ever-greater need and opportunity for them to employ sophisticated personalization techniques and intelligent merchandizing to optimize their operations and reduce costs >>

Hotel Metasearch – One Trick Pony?
Now Trivago, and TripAdvisor, are paying the price for putting all their eggs in a single basket with Priceline and Expedia cutting back on their their meta-search spend. This is having an immediate impact on the meta-search bottom line, forcing Trivago in particular to reassess its business model >>