TODAY: Dubai fills growing demand from Chinese, IHG opens 1000th hotel in EMEAA region and Redefining Luxury: The Next Big Disruption in Hotels?.

Dubai fills growing demand from Chinese
Friday, 22nd June 2018

With the number of Chinese tourists coming to Dubai growing, it has become increasingly important to train qualified talent to serve this emerging market segment – the number of visitors from China grew 12% in the first quarter of 2018, delivering 258,000 more tourists in comparison to last year >>

Balder acquires German Hotel Portfolio
22 Jun 2018 : Swedish Real Estate investment firm Fastighets AB Balder has acquired a portfolio of seven German hotels from Thailand-based Fico Group for €58 million (€69,000 per key) >>

IHG opens 1000th hotel in EMEAA region
22 Jun 2018 : The opening of InterContinental® Phu Quoc Long Beach Resort in Vietnam marks the 1000th IHG hotel opening in the Europe, Middle East, Asia and Africa (EMEAA) region >>

HIGHLIGHT ARTICLE

Redefining Luxury: The Next Big Disruption in Hotels?
Friday, 22nd June 2018

Innovation is all about challenging the established order to make something new – which is why creative mavericks, at some point in their lives, can often find themselves on the wrong side of the law.

The impulse to bend rules, and in some cases break them, can be taken too far when it isn’t held in check by experience and wisdom >>

2018 Global Wellness Trends Report
Each year, the Global Wellness Summit (GWS) identifies new trends that will have a meaningful impact on the $3.7 trillion wellness industry and significantly. In addition, the GWS Forecast is the sole trends report based on the perspectives of renowned economists, medical and wellness professionals, academics, and leaders across all sectors of the wellness industry >>

Five Ways to Disrupt Your Competition with Customer Service
Disruption is not about disrupting an industry. It’s about disrupting your competition.

Walmart disrupted local businesses when they came into a community. Uber disrupted the taxi-cab industry. And, Amazon started out disrupting bookstores and eventually moved on to disrupting the entire retail world. While the companies just mentioned are household names, you don’t have to be a big company to disrupt >>

Hotel Capital Stack in 2018: Laying Out Your Plan
Hotels are an operating business which means that one has to sell rooms every single day. It is inherently riskier than apartments that have leases and other real estate assets that have even longer leases. Further, there are a finite number of lenders who are comfortable with hotel assets as there is a unique risk of renting rooms daily >>