TODAY: Art tops Luxury Investment Index, APAC is most vacation-deprived, who takes the lead? and Investors and landlords should include more health and wellbeing spaces in offices.

Art tops Luxury Investment Index
Thursday, 8th March 2018

The asset leading the index was art, which saw outstanding growth of 21% over the course of the year. This strong performance follows a number of years when art had fallen behind other asset classes such as classic cars and wine. Wine, top performing asset class in 2016, also had a strong year and saw double-digit growth (11%). Scarcity driven markets, particularly for Burgundy, remained strong and demand from Asia and the Middle East continued to buoy prices >>

APAC is most vacation-deprived, who takes the lead?
8 Mar 2018 : Walking through Resorts World at Sentosa the other day, and spending time in Penang during the Chinese New Year festive period, it is hard to believe there are vacation-deprived folks in Asia. Both places were crowded with families and groups from all over Asia, with Chinese travellers clearly leading the pack >>

Interstate Hotels to manage 12 hotels for Borealis Hotels
8 Mar 2018 : Interstate will manage the hotels under long-term agreements for owner, development and lease partner Borealis Hotel Group, a Dutch hotel company with continued expansion potential for the Netherlands, Belgium, Germany, France and additional Western European countries >>

Summary from Day 1 and 2 IHIF 2018
7 Mar 2018 : The first day of the 21st International Hotel Investment Forum, taking place at the InterContinental hotel in Berlin was opened by Questex President and Chief Executive Officer Kerry Gumas.Day 1 would focus on the economics of hotel investment, Day 2 would explore the view from the C Suite and the final day would explore innovation, investment and new business opportunities >>

Investors and landlords should include more health and wellbeing spaces in offices
8 Mar 2018 : Physical and mental wellbeing are the most important factors having a positive impact on employee performance, survey shows >>

HIGHLIGHT ARTICLE

Airlines Have to Become eCommerce Companies that Fly
Thursday, 8th March 2018

Longhaul Low Cost will be the Next Wave. In the last 10 years, longhaul low cost airlines have mushroomed with international seats growing by 900%. Newcomer World Airways, the first longhaul LCC in the US, will be 100% digital and Millennial-focused while Cebu Pacific is trying to think of itself less as an engineering company but more of an ecommerce business with aeroplanes >>

When Guests Sexually Harass Your Hotel Employees
In a survey of 400 Chicago-area women working at hotels, nearly 50 percent indicated that they have had a guest answer the door naked, expose themselves, or were otherwise flashed. These individuals and the unions that represent them insist that these survey results and anecdotal reports are not exaggerated and that sexual harassment by guests is a pervasive and significant problem >>

Global Update: Who's Where and Doing What - March 2018
Global update of who is moving where and from where - keep track of old colleagues and friends or find lost ones, brought to you by The Boutique Search Firm >>