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Global Newsletter: March 20 4Hoteliers.com ~ Click title to read the article Tuesday, 20th March 2018
TODAY: A closer look at the development of one of the most important economic sectors in Dubai – tourism, ACCC will not oppose Accor's acquisition of Mantra and Should Hoteliers be Concerned with Amazon Disrupting Online Travel?.
A closer look at the development of one of the most important economic sectors in Dubai – tourism. Tuesday, 20th March 2018
For Dubai the tourism market has historically been a strategically important sector. In 2017 it is estimated that the sector contributed 4.6% of GDP, and provided almost 570,000 jobs (4.8% of total employment). The sector’s direct contribution to GDP has increased by 138% in the 10 years to 2017 with employment in the sector growing by 119% over the same period.
This trend has been driven by the increasing level of connectivity on offer from Dubai Airport, the world’s largest airport by international traffic, recorded 83.7 million passengers in 2016, up 26% from 2014. In 2017 this has increased further to over 88 million passengers >> Four new additions will expand the SO/ portfolio to eight 20 Mar 2018 : AccorHotels’ audacious and spirited luxury brand is set to double its global presence unveiling four new SO/ hotels in some of the world’s most talked-about destinations: Four exciting new hotels – Berlin, St Petersburg, Auckland and Vienna – join the SO/ portfolio >> ONYX brings Shama to Hainan 20 Mar 2018 : Continuing the growth of its Shama pipeline with four deals announced since the start of the year, ONYX Hospitality Group announced the inking of a management agreement for Shama Hub Haikou Hainan, introducing the Shama brand to a location affectionately known as the 'coconut city of China' >> Italian Hotel & Chains Report Released 20 Mar 2018 : The international tourism demand is constantly on the increase: according to the latest UNWTO figures, in 2017 international tourist arrivals to Italy increased by 7% compared to 2016, thus reaching a total of 1.32 billion >> ACCC will not oppose Accor's acquisition of Mantra 19 Mar 2018 : The ACCC has announced that it will not oppose the proposed acquisition of Mantra Group Limited by Accor >> HIGHLIGHT ARTICLE
Should Hoteliers be Concerned with Amazon Disrupting Online Travel? Tuesday, 20th March 2018
Background: A recent analysis of Amazon’s ability to disrupt online travel agencies by Morgan Stanley was in the news with a number of opinion articles on the subject being published. Many hospitality industry experts chimed on the subject, with opinions ranging from complete dismissal to panicked predictions about doom and gloom for the very harmonious online travel marketplace >> A Hotel Twitter Guide Twitter is one of the most popular social networks in the world with more than 300 million monthly users and contrary to other platforms like Facebook and Google+, Twitter focuses on short-form and quick succinct snippets of information in the form of 280-character texts, an image, video, gifs, slide shares or news summaries. This platform is ideal for getting information out quickly and concisely to your target audience >> The Changing Value of Travel: Why the Journey Itself May Be More Important Than Speed As the comedian Louis CK pointed out one night on ‘The Late Show,’ a trip across the United States used to take the best part of a year and might cost you your life, but now it can be done in a few hours in comfort and great safety >>
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