TODAY: Misconceptions turning young Brits away from Hospitality, USA Hotels: RevPAR grows, GOP drops and European hotel transactions reach record levels as investors step up interest in Southern Europe.

Misconceptions turning young Brits away from Hospitality
Monday, 5th March 2018

Less than a quarter (22%) of 16 to 21 year olds say they would consider a career in Hospitality, one in three respondents believed it wasn’t a career you’d enter into after obtaining a degree and over 40% admitted their perceptions were influenced by the attitudes of their parents >>

European hotel transactions reach record levels as investors step up interest in Southern Europe
4 Mar 2018 : Portfolio volume showed a 29% increase in activity to €9.3 billion with Spain accounting for the majority of interest - 36% - with nearly 30,000 rooms sold in the country in 2017 across 14 portfolios, reflecting growing investor interest for Southern Europe >>

Hyatt joins forces to expand Hyatt’s China presence
4 Mar 2018 : Hospitality heavyweights sign franchise agreements for three new Hyatt Place and Hyatt House hotels in Changchun and Nanchong as the first hotels under a new strategic development agreement; Tianfu Minyoun Hospitality secures a credit line of RMB 30 billion >>

Disney announces transformative expansion for Paris
5 Mar 2018 : The new development will include a transformation of the Walt Disney Studios Park, adding three new areas that are based on Marvel, Frozen and Star Wars, along with multiple new attractions and live entertainment experiences >>

USA Hotels: RevPAR grows, GOP drops
3 Mar 2018 : Profit per room at hotels in the USA dropped by 0.5-percent in January, which was in spite of an increase in revenues across all departments, including RevPAR >>

HIGHLIGHT ARTICLE

Profile of Women in Leadership: A Tale of Two ‘Unicorns’ at Preferred Hotels & Resorts
Monday, 5th March 2018

A 'leap year' happens every four years — an extra day is added to the calendar to align it with the solar year and in the span of just four years, it could be said that Preferred Hotels & Resorts has achieved many big leaps due to the strategic and cultural vision of its relatively new CEO, Lindsey Ueberroth >>

Hotel Loyalty Programmes Can Boost Brand Relationship
In a recently published article the researchers highlight the loyalty programme features that are most effective for building brand relationship quality (BRQ), and how BRQ contributes to outcomes such as members’ word of mouth recommendations and purchase intention >>

The Mobile Outlook 2018 Report
Mobile commerce is fundamentally changing how business is done, especially for the travel sector, this year, digital travel worldwide will increase 10.4% to reach $676B in sales, climbing to $855B by 2021. In the US, mobile already drives 40% of digital travel sales >>