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Global Newsletter: August 13 4Hoteliers.com ~ Click title to read the article Monday, 13th August 2018
TODAY: Amadeus accelerates expansion in hospitality sector, Chinese Jin Jiang will buy more than 50% stake in Radisson Hospitality AB from HNA Group and Mid-year 2018 and A Bit: Brands, OTAs, Marriott, Blockchain, Robotics and Sustainability.
Amadeus accelerates expansion in hospitality sector Monday, 13th August 2018
Amadeus has agreed to acquire TravelClick from Thoma Bravo, a leading private equity investment firm, for USD $1.52bn.
Addition of TravelClick’s cloud-based solutions for mid-chain and independent hotels will enable Amadeus to reach all segments of the market with an en-hanced portfolio >> HNA sells stake in Radisson to Jin Jiang 12 Aug 2018 : Chinese Hospitality group Jin Jiang will buy more than 50% stake in Radisson Hospitality AB from HNA Group and will also acquire up to an additional 18.5% stake in Radisson from HNAs Swedish unit >> First 'Nikko Style' lifestyle hotel to open in Nagoya 13 Aug 2018 : Okura Nikko Hotel Management announced its conclusion of a contract with Meieki Management LLC to manage Nikko Style Nagoya, the first hotel under the new upscale, select-service Nikko Style brand, which will open in 2020 >> IHG expands luxury resort portfolio in Australia 12 Aug 2018 : The Whitsunday Islands will welcome a new era of luxury in 2019 with the signing of a management agreement that will see IHG take over management of Hayman Island, rebranding it as Hayman Island, by InterContinental >> The performance of UK holiday rentals versus hotels 13 Aug 2018 : In 2017, UK hotel occupancy was 36% higher than holiday rental occupancy, but holiday rental rates were 25% higher than hotel average daily rate >> HIGHLIGHT ARTICLE
Mid-year 2018 and A Bit: Brands, OTAs, Marriott, Blockchain, Robotics and Sustainability Monday, 13th August 2018
Online travel agencies (OTAs) outspend brands by a wide margin and continue to steal market share from brands and as Marriott is becoming more of a global brand with 30 brands and a home-sharing company in their portfolio, we see a new war developing.
Airbnb, a behemoth home-sharing company, is regularly getting beat up by cities who are adding regulations quickly. They will become an OTA by 2020 and begin to compete with Expedia and Booking rather than Marriott, Hilton, and the hotel community >> Personalization Shouldn’t Be a Head Scratcher. Here’s Why For many hoteliers personalization is what they do already - welcoming guests and trying to anticipate their needs, however, in the hotel industry these days, you not only need to know your customer but also have enough usable data on their preferences >> Optimize The Efficacy of Your Revenue Manager It’s challenging being a Revenue Manager: Be it in a large city-centre hotel or a small countryside hotel, Revenue Managers face similar challenges & stresses, too much to do, too little time >>
Loyalty is Now Credibility Every company’s ultimate goal is to achieve consumer loyalty: After all, it is 5 times cheaper to retain existing customers then to find new ones, however, with constantly evolving consumer habits it seems that gaining a consumer’s total loyalty in 2018 is an almost impossible goal to achieve >>
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