Rosewood opens regional HQ for EMEA in Amsterdam, 50 million tourism jobs at risk, resort fees - growing source of revenue and asset management – why bother?.

Rosewood opens regional HQ for EMEA in Amsterdam
Tuesday, 17th March 2020

With 32 projects under development, the Group's pipeline is the strongest in its history. In recognition of its expanding presence in Europe and the Middle East, the Group is forming a regional headquarters for EMEA in Amsterdam, Netherlands to support its growth >>

Coronavirus puts up to 50 million tourism jobs at risk
17 Mar 2020 : The Travel & Tourism sector has a proven track record of resilience in the face of crises and this ability to bounce back has improved significantly in recent years >>

Rotana strengthens its Saudi Arabia portfolio
17 Mar 2020 : Rotana announced that it will take over the management of DAMAC Towers Arjaan by Rotana in Riyadh on 15 March, with the property set to open in early April >>

News from around the APAC region
17 Mar 2020 : Hotel industry and travel news from around the Asia Pacific region: China's international tourism revenue has increased by 3% y-o-y to USD131B in 2019, Satyadeo Hospitality announces acquisition of Golden Tulip and more >>

Minor increases investment into Singapore BreadTalk
14 Mar 2020 : Minor International and the founder of BreadTalk Group Ltd have formed a joint-venture company, BTG Holding Company, in which MINT owns more than 25% >>

HIGHLIGHT ARTICLE

Asset Management – Why Bother?
Tuesday, 17th March 2020

In the course of each year my colleagues and I see a huge number of hotel P&Ls and, within them, there are often wide variances in performance, even in like-for-like situations – whether it is better or worse revenue generation, cost control or effectiveness.

Some hotel management companies don’t produce an adequate return on their owners’ investment by doing as much as they possibly can to increase revenues, reduce operating costs and improve bottom-line profits and cash flow >>

Resort Fees – A Growing Source Of Revenue
Resort fees were initially introduced to allay the complaints of resort guests who felt they were being 'nickel-and-dimed' every time they used a resort amenity. Despite the clamor from travelers, resort fees are still a rare occurrence >>

COVID-19: Navigating the Impact
The global pandemic demands that businesses make rapid, but highly informed decisions to protect their people, customers and partners >>

What to do to Increase Hotel Sales During a Low Demand Period

Hotel low season sales has long been considered to simply be an unfortunate fact of the industry: It brings less demand and, therefore, lower revenues too. But the industry has changed so much in such a short space of time, and hotels no longer have to accept that low season automatically means slow business >>