OYO raises $660 million, Accor signs SO/ Maldives, US hotel results and what your guests are saying about hotel cleanliness.

OYO raises $660 million
Monday, 19th July 2021

OYO is among the first Indian Startups to be publicly rated by Moody's & Fitch and to the first to raise capital through the TLB offering. The offer was oversubscribed by 1.7 times and the company received commitments of close to $1 bn from leading institutional investors >>

Accor announces the signing of SO/ Maldives
19 Jul 2021 : Creative, contemporary and cutting-edge, SO/ Maldives will appear to float above the turquoise lagoon >>

US hotel results for week ending 10 July
19 Jul 2021 : US hotel occupancy improved week over week, while average daily rate (ADR) was the highest on record, according to STR‘s latest data >>

Tax is not the answer to aviation sustainability
18 Jul 2021 : The IATA warned that the reliance on taxation as the solution for cutting aviation emissions in the EU’s ‘Fit for 55’ proposal is counter-productive to the goal of sustainable aviation >>

Global City leaders meet to re-imagine urban tourism
17 Jul 2021 : The mayors of some of the world’s leading destinations have met in Porto to rethink urban tourism in the post-pandemic age >>

HIGHLIGHT ARTICLE

What Your Guests Are Saying About Hotel Cleanliness
Monday, 19th July 2021

The quality of the cleanliness and sanitation standards is bound to have a higher impact on travelers than ever before and this means that the hotel's reputation also stands in the balance.

In fact, a recent report conducted by the AHLA determined that, when booking a hotel, enhanced cleaning and hygiene practices rank as the second most important factor, right after price >>

Why the Most Liveable Cities are in Australia, New Zealand
Australasian cities sit atop a ranking of the world’s most liveable cities, but affordability remains a challenge >>

Mythbusters: Recovery Edition – Part Two
As I mentioned in Part One of this article, there are many mixed messages floating around in the hospitality industry today about how/what hoteliers need to do/buy in order to be profitable in the 'new normal' that we’re all facing >>

In case you've missed it: Global eNews of July 16, 2021
Porsche Design and Steigenberger launch design hotel brand, Hyatt launches 'World of Care' and a hotel giant talks sharing, caring and loving Asia >>