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Global Newsletter: May 05, 2021 4Hoteliers.com ~ Click title to read the article Wednesday, 5th May 2021
Using emerging technology to enhance efficiency after Covid-19, Mumbai’s rapid hotel recovery faces headwinds and luxury brands and China: An increasingly risky dependency.
Using emerging technology to enhance efficiency after Covid-19 Wednesday, 5th May 2021
At the start of 2020, Melia announced an automation project with UiPath, a pioneer in the deployment of Robotic Process Automation (RPA) in the hotel industry. One year later, RPA is already being used in 30% of the company's areas, with a total of 30 software robots in operation.
RPA is a technology that automates business processes and repetitive, rules-based tasks, freeing up time and allowing employees to focus on performing more strategic tasks that add greater value >> Marriott signs agreement to debut JW brand in Spain 5 May 2021 : JW Marriott Madrid expected to feature 139 rooms and a fresh perspective on luxury hospitality in Spain’s capital >> NYC leads the US construction pipeline 5 May 2021 : According to the recent Construction Pipeline Trend Report for the United States, the total US construction pipeline stands at 4,967 projects/622,218 rooms at the end of Q1’21 >> Mumbai’s rapid hotel recovery faces headwinds 5 May 2021 : Mumbai’s rapid hotel performance recovery is projected to return to more moderate levels, according to recent market forecasts >>
Luxury Brands and China: An Increasingly Risky Dependency Wednesday, 5th May 2021
The Chinese appetite for luxury is so hot that Bain & Company predicts China is on track to become the world’s leading luxury market by 2025.
With prospects like that, is it any wonder that luxury brands are all in to get their share of the Chinese business.
But while China presents the greatest opportunity for growth, luxury brands face a real and present danger by putting all their eggs in the China growth basket. They risk their long-term future for short-term gain >> Hotels, After a Tough Year, Are Back in Investors' Sights Hotel investment is gaining momentum amid improving prospects for travel, capital-raising and hotel sales highlight investor optimism for the sector’s recovery >> A Playbook For Businesses Emerging From the Pandemic It’s been said that from crisis comes opportunity and given that the COVID-19 pandemic has handed us the greatest collective crisis in our lifetimes, it should stand to reason that we should now be in the perfect position to take advantage of the many opportunities that have emerged – if we know where to look >> In case you've missed it: Global eNews of May 04, 2021 Collinson & Alibaba’s Fliggy to elevate travel experience, Beach leads Mexico’s hotel uptick and paying employees in Bitcoin has reached the mainstream >>
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