Bangkok Thailand market pulse, ITB Berlin 2020 canceled, millennials in the workforce and is 2020 the year of sustainable business in hospitality?.

Bangkok Thailand market pulse
Monday, 2nd March 2020

The strengthening of the Thai Baht and the ongoing US-China trade war have resulted in a decline in average rate growth and generally softer demand level in 2019. Furthermore, the extensive hotel supply growth in Bangkok has been the dominant topic for discussion in the market. Supply will be growing continuously with approximately 15,000 hotel rooms in the pipeline with a five-year horizon >>

ITB Berlin 2020 will not take place
29 Feb 2020 : Due to the rapid spread of the new coronavirus (COVID-19) the Federal Ministry of Health and the Federal Ministry of Economics have stated their opinion that ITB Berlin be cancelled >>

Revenue, profit up at European hotels to start year
1 Mar 2020 : It was a good start of the year for hoteliers in Mainland Europe and on the back of the positive results recorded in the last quarter of 2019. Profit per available room achieved a close to 6% year-over-year increase in January 2020 >>

Update on the Coronavirus: Tourism Solidarity
2 Mar 2020 : Organisations should make good use of social media and build content to show their support during times such as these. More than ever our industry needs to stand together, put our competitive interests aside and partner for a better tomorrow >>

HIGHLIGHT ARTICLE

Business or Pleasure? What are the Differences?
Monday, 2nd March 2020
The difference between business and leisure travel seems only slightly different on the surface, but research shows otherwise – in a drastic way.

To be sure, the act of traveling, whether for business or pleasure, can be hard on the body. Between the early morning flights, poor sleep, dehydration, and navigating unfamiliar locations, travel disrupts our routines and can make it difficult to maintain healthy habits.

But the overall health effects of travel stack up differently depending on whether you are attending an out-of-state conference for work, or cashing in on your paid time off >>

Millennials in the Workforce
What are the challenges raised by millennials in the workforce and how can employers adapt to recruit and retain younger generations of talent? Explore today's best practices in talent acquisition and management >>

Is 2020 the Year of Sustainable Business in Hospitality?
2019 saw an increase in activities related to climate change and in 2020, hospitality as well needs to start the process to become a sustainable business >>

In case you've missed it: Global eNews of February 28, 2020
Air New Zealand to put economy travellers to sleep properly, compensation trends of CFOs and why the Coronavirus is testing how companies work >>