Airbnb delivers $3B+ in taxes to governments, Can Saudi Arabia become the Middle East's new entertainment hub? and will lower prices stimulate demand?.

Airbnb delivers $3B+ in taxes to governments
Wednesday, 19th May 2021

Airbnb has delivered more than $3.4 billion to local governments around the world in the past seven years, nearly $1 billion more than as of September 2020.

In the US last year, a year marked by pandemic shutdowns, Airbnb still delivered more than $725 million to local governments, providing needed revenue during a tough economic time for many communities >>

Can Saudi Arabia become the Middle East's new entertainment hub?
19 May 2021 : The kingdom plans to invest $64 billion in its entertainment industry over the coming decade as part of an ambitious program of social and economic reform >>

Hybreeting sets new meetings standards
19 May 2021 : Hybrid Meeting Suites, Hybrid Studios, Hy-End Event and Virtual Meeting Platform – four innovative solutions from Deutsche Hospitality in the area of digital meetings formats >>

Responds to EU public consultation for change to computerised reservation systems rules
19 May 2021 : The Global Business Travel Association (GBTA) – the world’s largest business travel association is collaborating with the European Commission to help shape the new EU rules that will apply to computerised reservation systems (CRS) >>

HIGHLIGHT ARTICLE

Should Hotels Lower Prices to Stimulate Demand?
Wednesday, 19th May 2021

The economic fallout of 2020 undoubtedly drove many hotels to lower their prices in an effort to stimulate demand. But as the industry prepares to capture the pent-up travel demand, lowering prices could cost Hoteliers a significant level of business in the post-covid travel boom on the horizon >>

Practicing Restraint of Pen, Tongue and Send Button
That darn Send button: It’s much too easy to click the Send button on any communications device and just as easy for whatever you send to be (a) misunderstood; (b) shared with others along with the recipient’s personal opinions; and, (c) posted widely online in places you never expected >>

In case you've missed it: Global eNews of May 18, 2021
NH Hotels debuts in the Middle East, Latin America's pipeline down and global OTAs face being squeezed by twin forces in South-East Asia >>