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Global Newsletter: February 18, 2019 4Hoteliers.com ~ Click title to read the article Monday, 18th February 2019
Say farewell to the A380, rapid rise of cannabis related tourism, revenue management for meetings & events: measure, monitor, improve and what creative hotels are doing online.
Airbus bids farewell to the A380 as Emirates cuts order in favour of smaller, more agile fleet Monday, 18th February 2019
Airbus has made the decision to halt the production of its A380s in a move which could be regarded as a strong marker of air travel’s current state of evolution.
The move comes after Emirates, its best customer, dropped its order from 162 to 123 aircraft. But the drop in Emirates’ A380 order may not be too bad of a hit for Airbus >> Rapid rise of cannabis related tourism helps fuel growth 16 Feb 2019 : Tourism is one of the major economic drivers for many countries and many tourists travel aboard for vacations to see dazzling landscapes and bustling city-life and in turn, tourism drives revenue for many businesses such as food, retail, and hospitality, but now it is also helping bolster the cannabis industry >> Jumeirah unveils Guangzhou, China 17 Feb 2019 : Just minutes from ancient temples and the Guangzhou Opera House, Jumeirah Living Guangzhou, is in the heart of Zhujiang New Town CBD, the hotel is set near iconic attractions including Guangdong Museum and Guangzhou International Finance Centre >> Pullman Luang Prabang elevates MICE with socially-responsible experiences 18 Feb 2019 : The fresh mountain air and spectacular scenery of northern Laos never fail to inspire the imagination and stimulate the senses, plus for meeting planners, this invigorating ambience is ideal for out-of-town events, team bonding sessions and corporate retreats with a twist >> IHG opens second UK voco 16 Feb 2019 : InterContinental Hotels Group has signed a franchise agreement with CL Capital to debut voco™, IHG’s new upscale brand, in the West Midland’s town of Solihull >> HIGHLIGHT ARTICLE
Revenue Management for Meetings & Events: Measure, Monitor, Improve Monday, 18th February 2019
Exclusive Feature: Today, there is a significant change in mindset occurring in the meetings-and-events (M&E) industry across the Asia-Pacific region and progressive hoteliers are beginning to fully realise the opportunities associated with their function spaces.
Many hoteliers are moving beyond rooms-only revenue management, aiming for a total property approach.
In fact, for many hotels, M&E revenue can account for a significant portion of their financial performance—contributing up to 40 to 60 percent of total revenue >> A Primer on 2019: Economy, Loyalty, and Specific Markets 2019 is the year where supply and demand come in balance, with about two percent growth for each. That means occupancy levels will be flat in the U.S. – though certain markets have some supply growth well beyond that and might see occupancy reductions. Let’s begin with the economy, and then move into lodging industry projections >> 20 Hidden Secrets About Chocolate Chocolate is more than a familiar product: affordable and consumed worldwide, it is today part of our daily alimentation. But a few centuries ago, the 'Food of Gods' was a very luxurious and singular product >> Digital Inspo: What Creative Hotels Are Doing Online Coming up with fresh and creative marketing initiatives is never an easy task: Hotels all over the world face fierce competition regardless of their destination and utilizing creative ideas to attract guests can help hotels stand out in the crowd and help them to gain new and repeat visitors >> Manmade Islands: A Modern Solution to Urban Overpopulation? For many of today’s cities long used to building upwards, building outwards is becoming a more viable option as manmade islands are floated as a solution to overcrowding and rising land prices >>
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