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Global Newsletter: February 02, 2021
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Tuesday, 2nd February 2021
 

Renovations and brand conversions more prevalent, Singapore partners to invite GCC travelers and what are the opportunities for hotels during lockdown?.

Renovations and brand conversions more prevalent
Tuesday, 2nd February 2021

The announcement of various vaccine developments and distribution was undeniably good news for the general public, businesses, hotel development and the lodging industry as a whole, especially going forward.

The industry has found optimism in the fact that as the vaccine rolls out travel demand will increase rather quickly, resulting in increased confidence in hotel development activity >>

Wego & Singapore partners to invite GCC travelers
2 Feb 2021 : A recent study reveals that 76% of leisure travelers and 90% of BTMICE travelers are likely to travel in the next 12 months. While GCC markets have proven to be resilient and will be amongst the first to recover >>

Partnering with Governments to re-start
2 Feb 2021 : The IATA called on governments to partner with the air transport industry to devise plans to safely re-link people, business and economies when the COVID-19 epidemiological situation permits >>

News from around the APAC region
2 Feb 2021 : Hotel industry and travel news from around the Asia Pacific region: Maldives set to establish a public ferry network, Gallant Venture to acquire stake in Singapore-Bintan Resort Holdings and more >>

Virtual Tour Experience Survey
1 Feb 2021 : The COVID-19 pandemic has accelerated the technology and virtual reality scene in every industry, including travel and tourism >>

HIGHLIGHT ARTICLE

What Are the Opportunities for Hotels During Lockdown?
Tuesday, 2nd February 2021

Interesting yet unsurprising trends some accommodation providers are seeing include the desire for outdoor activities, outdoor dining options, walking trails, adventure packages, longer stays instead of the more typical two-night breaks.

There’s also an evident surge in multi-generational family breaks after so much time lost with loved ones. Right now, there are opportunities for you as a hotelier to invest time into. Take a look at some of these below >>

Report: 2021 Will Be the Year of Meaningful Travel
New survey data shows that travel is the activity people have missed the most during the pandemic and a majority are ready to travel in 2021 >>

​Is This The Year the World will Finally Return to Normal?
As a Finance and Strategy leader, an important part of my job is trying to 'see around corners' for our company – to know what is coming and how to react to it, but I must admit that a year ago I would not have predicted where we are today >>

In case you've missed it: Global eNews of February 01, 2021
Growth scenarios for APAC fragile and uneven to 2023, capturing travel demand in 2021 and staff productivity at the centre stage >>

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