Airbnb Q2 revenue increased nearly 300% y-o-y, Hyatt to acquire Apple Leisure Group and difference between repeat customers and loyal customers.

Airbnb Q2 revenue increased nearly 300% y-o-y
Tuesday, 17th August 2021

Airbnb second quarter 2021 financial results, with more people vaccinated and certain travel restrictions lifted, global demand and supply increased in Q2, driving up revenue even higher than comparable 2019 levels >>

Minor announces more deals to expand in the Middle East
17 Aug 2021 : Minor Hotels is pleased to announce its strategic entrance into Bahrain with the upcoming debut of its Avani and Tivoli brands and Anantara announces upcoming launch of new resort on Dubai’s World Islands >>

Global hotel pipeline trends
17 Aug 2021 : In to the latest Hotel Construction Pipeline Trend Report, research analysts report that at the close of the second quarter of 2021, most of the world's hotel construction pipeline dropped with the exception of China >>

Hyatt's acquisition doubles global resorts footprint
17 Aug 2021 : Acquisition accelerates asset-light transformation and Hyatt will offer the largest portfolio of luxury all-inclusive resorts in the world, will double its global resort footprint, will be the largest operator of luxury hotels in Mexico and the Caribbean >>

Restart and recovery in focus at ITB Berlin 2022
16 Aug 2021 : The need for the annual business highlight of the international travel industry is great: ITB Berlin is planning a new analog edition of its 50-year success story for March 2022 - at the same time supplemented by a digital component >>

HIGHLIGHT ARTICLE

The Difference Between Repeat Customers and Loyal Customers
Tuesday, 17th August 2021

As a business, you should do everything you can do to get the customer to come back. However, just because they do come back, that doesn’t mean they are loyal. You have to understand the why behind the repeat business >>

Factoring in Extreme Weather Events
The focus on financial risk is increasing as weather patterns become more intense and unpredictable >>

Should HR Worry About the Labor Shortage?
Many economists predicted people would quickly return to work, but that hasn’t been the case >>

In case you've missed it: Global eNews of August 16, 2021
US hotel profit reached 84% of 2019 level, how London is retaining its world city crown and future of the workforce in business travel >>