Las Vegas casino & hotel market outlook 2021, IHG signs Express for Nepal and comparing revenue management approaches (Part 2 of 2).

Las Vegas casino & hotel market outlook 2021
Monday, 22nd March 2021

Continued weak performance is anticipated through the first half of 2021. Thereafter, the recovery of travel and general economic performance is expected to accelerate as vaccines, medical therapies, and public confidence support the beginning of the return to pre-pandemic levels.

Fortunately, construction is classified as an essential business in Nevada and has continued throughout the pandemic. New developments will contribute to the eventual recovery of the market >>

IHG strengthens presence in SWA
22 Mar 2021 : IHG currently has four hotels under development across the Holiday Inn brand family in Nepal and this latest signing will further strengthen the company’s mainstream portfolio in the tourism capital of the country >>

Trip.com Group signs MOU with the Argentina
20 Mar 2021 : On 9th March 2021, Trip.com Group signed a five-year strategic Memorandum of Understanding with the Argentina Ministry of Tourism and Sports to further enhance business, cultural and social exchange between China, Argentina and across Trip >>

Hotel bookings reach near-2019 levels
18 Mar 2021 : With the vaccine rollout well underway, the UK has commenced a comprehensive plan to reopen the local economy, with target dates to ease restrictions on certain activities >>

HIGHLIGHT ARTICLE

Comparing Revenue Management Approaches (Part 2 of 2)
Monday, 22nd March 2021

Exclusive Feature: This article is the second installment in a series comparing three common revenue management approaches hotels are adopting today.

For many hospitality companies, the focus is less on understanding the basics behind the common approaches to revenue management today, but more on the advantages and challenges with each approach >>

The Importance of Diversity at all Levels of the Hospitality Industry
The multicultural and multinational market would benefit from hotels and leisure properties appointing diverse management teams that understand their backgrounds, needs, and desires, and can effectively reach a diverse target market.

This trend is getting support from an increasing number of directions including the Nasdaq, which recently filed a proposal to adopt new listing rules related to board diversity and disclosure >>

Unhappy Employees Are Ready to Bolt
Now, as we emerge into our post-pandemic future, new statistics from a recent survey indicate that we are on the brink of a new round of staff turnover----like nothing we have seen in recent years. Now, a recent survey from Gloat outlines the threat to employers >>

In case you've missed it: Global eNews of March 19, 2021
Growth scenarios for Asia Pacific destinations, MO announces China expansion and the future of Asia: what a difference a year can make >>