TODAY: Minor and Pan Pacific invest in Global Hotel Alliance, Chinese business travel budgets on the rise and China’s ‘Hot Mamas’: Millennial Parents, The New Force in Luxury Spending.

Minor and Pan Pacific invest in Global Hotel Alliance
Friday, 2nd November 2018

The two new shareholders are Minor Hotels, the Bangkok-based operator of more than 160 hotels under a global family of brands including Anantara, AVANI, Elewana, Tivoli and Oaks, and Pan Pacific Hotels Group, based in Singapore, which operates 32 hotels across Asia, Australasia and North America under the Pan Pacific and PARKROYAL brands. Minor CEO Dillip Rajakarier and Pan Pacific CEO Lothar Nessmann will both sit on the GHA board >>

Chinese business travel budgets on the rise
2 Nov 2018 : The 2018 China Business Travel Survey reveals that 45% of Chinese companies expect business travel spending to increase over the next 12 months. Despite volatility and uncertainty in the global economy, the outlook reported by Chinese companies is one of the strongest indicators of corporate confidence that has been reported by the Barometer since its launch 14 years ago >>

Rosewood announces two more Asian locations
2 Nov 2018 : Rosewood Hotels & Resorts has been appointed to manage Rosewood Shenzhen, set to open in 2022 and the company plans to open Rosewood Hermana Mayor in 2023 >>

PolyU announces the launch of SHTM+ICON Consultancy to drive Innovation and Knowledge Transfer
2 Nov 2018 : The brand-new Consultancy demonstrates a successful combination of the research prowess of the School of Hotel and Tourism Management (SHTM) of PolyU with the practical experience and endeavour of Hotel ICON >>

Lower revenues, higher costs lead to profit dips in Middle East & North Africa, profit hit highs in Europe in September
2 Nov 2018 : Hotels in the Middle East & North Africa recorded a 35 percent year-on-year decrease in profit per room in September, as revenue levels slid and costs escalated, while profit levels hit highs in Europe in September >>

HIGHLIGHT ARTICLE

China’s ‘Hot Mamas’: Millennial Parents, The New Force in Luxury Spending
Friday, 2nd November 2018

The new lifestyle, opinions and expectations of China’s Millennials, and their influence as the drivers of luxury consumption, should now be well accepted by anyone who reads about global luxury.

But now these Millennials are also parents – China’s new generation of modern parents, living in globalised cities and travelling internationally at will >>

Trends For Metasearch Engines in APAC
As the most populous region for centuries, Asia-Pacific is now one of the largest markets in every sense. Nearly two-thirds of the world’s population resides here, and their demand for travel increases steadily every year >>

What the New Pilot Hotels Got Right
Both Pilot properties seek to deliver a luxury boutique experience through the lens of historical and architectural significance. Hotels with rich histories already exist, of course – but Pilot is actively creating new ones. The brand is fresh and luxurious, but the context runs deeper. Stories and significance are at the heart of the offering >>

How Tokyo is Leading Japan Into the Future
As cities across Asia arm themselves with the newest technologies to become the smart cities of the future, Tokyo is doing what it does so well – quietly leading the charge with cutting-edge innovation >>