Around the globe hotel profit perks up - not in Europe, confidence in Hong Kong’s rebound and don't talk about 'post-aspirational' consumers, talk of 'transcendent' luxury.

Around the globe hotel profit perks up - not in Europe
Monday, 29th March 2021

The US hotel industry was in need of a month like February, for Europe, it was another in a string of profitability pain.

Favorable data in the US could not be duplicated in Europe, which continues to be hampered by country-to-country COVID-related lockdowns. While Asia-Pacific and the Middle East continued to display pick up >>

Hilton launches female development program in Sri Lanka
29 Mar 2021 : Seven-month pilot project, Hilton Liya Diriya, aims to empower local women through hospitality skills training and development >>

Confidence in Hong Kong’s post pandemic rebound
29 Mar 2021 : 2020 had been hard for Hong Kong's business communities, yet the difficulties have fueled the growth of virtual businesses in Hong Kong, and opened doors of online opportunities to those who dare take on the digital challenge >>

Hyatt reopens Hôtel Du Palais Biarritz
29 Mar 2021 : Hôtel du Palais Biarritz, part of The Unbound Collection by Hyatt, reopens following a meticulous restoration to reflect its prestigious history while introducing new, modern elements >>

HIGHLIGHT ARTICLE

Instead of Talking about 'Post-Aspirational' Consumers, Talk of 'Transcendent' Luxury
Monday, 29th March 2021

For years the term 'aspirational consumer' has been used in the luxury market to describe a less financially-secure consumer who aspires to own luxury brands as a means to enhance one’s status and self-worth.

In effect, these less-than consumers can become more by purchasing certain brands >>

Are Residents the New Tourism Ambassadors?
Building a brand for a destination is an effective way of attracting tourists, but destination marketers rarely consider the needs of residents – the biggest and potentially most influential group of stakeholders in any destination >>

The India REIT Opportunity
2021 began with the successful launch of India’s third REIT sponsored by an affiliate of Brookfield Asset Management >>

In case you've missed it: Global eNews of March 26, 2021
Singapore resumes larger MICE events, voco grows to over 50 openings and increase family bookings through your website >>