Global luxury travel market is expected to reach USD2T+, Phuket, increase profit by driving incremental revenues, making working vacations work and why these hotels don’t allow children.

Global luxury travel market is expected to reach USD2 trillion
Tuesday, 9th July 2019

The global luxury travel market size is expected to reach USD 2.5 trillion by 2025, expanding at a CAGR of 4.6% over the forecast period.

Increasing disposable income and consumer spending of middle and upper class, growing demand for accumulation of travel memories, increase in micro trips, and emerging tourism and corporate industries all across the globe are expected to drive the market >>

Phuket promoted as the premier MICE destination
9 Jul 2019 : Phuket Hotels Association is inviting groups to stage their special occasions on the sun-kissed shores of Phuket, with a new collaborative campaign and an enticing promotion designed to drive more business events to Thailand’s largest island >>

Passenger demand stays solid but the trend has slowed
9 Jul 2019 : The IATA announced global passenger traffic results for May showing that demand (measured in revenue passenger kilometers, or RPKs) rose 4.5% compared to the same month in 2018 >>

News from around the APAC region
9 Jul 2019 : Hotel industry and travel news from around the Asia Pacific region: Singapore and Maldives sign open skies agreement, Korean Air announces changes in route network, OYO plans further expansion and more >>

HIGHLIGHT ARTICLE

Increase Your Hotel´s Profit by Driving Incremental Revenue
Tuesday, 9th July 2019

In last year’s article on hotel ancillary revenue we shared insider tips on how to generate extra revenue at your hotel or resort and we explained, among other things, how to upsell and cross-sell your services and how to leverage underutilized areas to increase revenue. These main strategies will stay relevant during the coming years, but there are now novel ways of increasing revenue per guest too >>

Making Working Vacations Work For Your Company
'Workcation' and 'bleisure travel' are two portmanteaus used to describe the phenomenon of traveling or vacationing without completely unplugging from the responsibilities of full-time work. And this is a phenomenon on the rise. Embraced by globetrotting, freelancing nomads and some of the most coveted employers in the nation, workcations can range from a semi-permanent way of living to a boneified company perk >>

How Important is Training in the Hospitality Industry?
If there was one thing that I learned early in the hospitality industry, it was the need for training and believe it or not, that aspect of management was drilled into my head during my first job at McDonald’s, that company proved to be one of the best I had ever worked for in terms of a true training program being in place >>

Why These Hotels Don’t Allow Children – and Why it’s a Brilliant Idea
Many hotels are choosing to enforce an over-16 (read: child-free) policy, but, contrary to popular notion, it’s not driven by an aversion towards kids, all that the hoteliers are trying to do is provide a calm and relaxing environment for those guests who’d like to unwind without being disturbed and the response to these child-free hotels has been quite encouraging >>

Global Newsletter from yesterday: July 08, 2019
Air France-KLM and Accor enter enhanced loyalty program partnership, Six Senses to open in Central America, TripAdvisor 's new core experience chief at wants to bring empathy and human-centredness and scoring big with room type rules >>