Langham announces third hotel in Europe, Marriott offers to work anywhere, a multispeed recovery in Asia and Airbnb’s fee for all coming to an end.

Langham announces third hotel in Europe
Thursday, 29th October 2020

Langham Hospitality Group announced today a new Lagoon-front hotel in Venice which is scheduled to open in 2023.

The Langham, Venice will add new luster to the group’s collection as its first property in Italy. With its direct frontage on the Venetian Lagoon, the 138-key hotel is located on the island of Murano, long revered for its centuries-old tradition of glass making >>

Restoring growth via tourism
29 Oct 2020 : Swift and coordinated efforts are needed to restore growth in an industry that accounts for or 28% of the world's service exports and it generates a greater impact on domestic economies than overall exports >>

Marriott offers to work anywhere
29 Oct 2020 : Marriott International announced a new program to work anywhere with Marriott Bonvoy that meets consumers where they are in their lives – juggling working and schooling from home and seeking a little inspiration to break-up the monotony >>

Psst, fancy spending Christmas in Hong Kong?
23 Oct 2020 : Industry welcomes opening of no-restriction travel corridor between Singapore and Hong Kong >>

HIGHLIGHT ARTICLE

Fee for All Coming to An End With Airbnb’s Host Commission Switch?
Thursday, 29th October 2020

Pricing is set to get a shakeup in Australia’s short term rental (STR) industry from November 1 when Airbnb scraps guest service charges and moves to a 15 per cent host commission only model – up from 3 per cent – for its software-connected hosts and property managers.

It is a huge change for an industry where customer service fees can be 18 per cent of the room rate (plus cleaning) >>

Engines Not Yet in Sync: A Multispeed Recovery in Asia
The Asia-Pacific region is recovering from its worst recession in living memory. Our latest Regional Economic Outlook shows that a recovery started in the third quarter, but growth engines are not all firing with the same power across countries, leading to a multispeed recovery >>

The Dichotomy between Management Fee and Franchising Fee in India
Asset-light operating models have become the main stay for growth of many of the major hotel companies in India, with Management Agreements being the preferred structure >>

In case you've missed it: Global eNews of October 28, 2020
US hotel profit stuck in neutral; rest of the world switches gears, Airbnb and Singapore sign MOU and why companies are still pursuing sustainability goals >>