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Global Newsletter: January 13, 2020 4Hoteliers.com ~ Click title to read the article Monday, 13th January 2020
Tough year ahead for UK hoteliers with key issues to tackle, Hanoi-Beijing train and building a successful revenue strategy for 2020.
Tough year ahead for UK hoteliers with key issues to tackle Monday, 13th January 2020
UK hoteliers face a tough year in 2020 with a growth in rooms supply increasing competition and dampening revenues, despite underlying demand remaining strong.
hotels and hotel companies can no longer rely on loyalty schemes to build a relationship with guests as many no longer care about incentives such as free stays, especially when they are restricted from redeeming them >> Dark tourism is trending 13 Jan 2020 : Destinations like Chernobyl attract more and more travellers from all over the world, but what is the fascination about the 'dark'? >> Saudi Arabia extends visa policy to tap more visitors 13 Jan 2020 : The Saudi Commission for Tourism & National Heritage (SCTH) announced that visitors can now use existing UK, US, and Schengen area country visas to obtain Saudi Arabia visitor visas at airport arrivals regardless of their citizenship >> Hotel Indigo to debut in Russia’s capital city 12 Jan 2020 : InterContinental Hotels Group has signed a management agreement with current partner, JSC 'Tverskaya 24', to open Hotel Indigo® Moscow – Tverskaya by the end of 2020 >> Train from Hanoi to Beijing starts from January 11 Jan 2020 : Vietnam Railways has launched the Hanoi-Beijing railway line on January 1, 2020 in a move to facilitate people’s travel demand >>
HIGHLIGHT ARTICLE
Building a Successful Revenue Strategy For 2020 Sunday, 12th January 2020
Building a strategy for 2020 is a means to being successful, to achieve your objectives. The starting point is knowing your objective, which is usually achieving your budget forecast but can also be, for example, beating your comp set by x% and strategy is how you plan to achieve this objective.
Strategy can be summarised in four boxes: supply, demand, your own performance and your relative performance (v competition) >> The Incredible Link Between Tourism and Economic Development In past decades – across city, state and country governments – efforts to attract travelers have been largely disconnected from the mission of luring corporate investment >>
In case you've missed it: Global eNews of January 10, 2020 Attracting adventure tourists in 2020, IHG intensifies human trafficking fight, Six Senses and how a connected hotel tech stack enables reviews to directly impact revenue >>
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