Global eNewsletter of October 08, 2021
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Friday, 8th October 2021

Frustration with travel restrictions grows, Chase and Hyatt launch credit card, investing in Travel & Tourism and more...

Frustration with travel restrictions grows
Friday, 8th October 2021

A survey commissioned by IATA of 4,700 respondents in 11 markets in September demonstrated confidence that the risks of COVID-19 can be effectively managed and that the freedom to travel should be restored.

67% of respondents felt that most country borders should be opened now, up 12 percentage-points from the June 2021 survey and 73% responded that their quality of life is suffering as a result of COVID-19 travel restrictions >>

The Lodging Conference – HVS Perspectives
8 Oct 2021 : With nearly 2,000 registered, the Lodging Conference brought together members of the hospitality industry to discuss the recovery, challenges, and successes of the industry to date >>

Chase and Hyatt launch Hyatt Business Credit Card
8 Oct 2021 : Introducing first-ever adaptive rewards accelerator from Chase for small business owners to earn double World of Hyatt points on categories where they spend the most >>

Ascott to open 17 lyf properties by 2025 as demand rises
8 Oct 2021 : Expands lyf portfolio to over 3,000 units across 13 cities, including latest openings in Hangzhou and Fukuoka as well as new signings in Bangkok and Paris >>

Wyndham unveils an upper midscale all-inclusive resort brand – Wyndham Alltra
8 Oct 2021 : Wyndham Hotels & Resorts and Playa Hotels & Resorts announced the launch of a new all-inclusive resort brand, Wyndham Alltra, through their new strategic alliance >>


Investing in Travel & Tourism
Friday, 8th October 2021

Capital investment in Travel & Tourism also fell significantly from US$ 986 billion in 2019 which amounted to 4.4% of total global investment to US$ 693 billion in 2020, representing a 29.7% drop.

As the sector looks to the recovery of international visitors and capital investment, it is essential to understand key trends, priorities, and related opportunities to unlock the full growth potential of the Travel & Tourism sector in years to come >>

Lately, Hotels Seem To Be Falling Short On The People Parts
'While all of the staff I encountered were polite and efficient, their service style was overall reactive and not proactive' >>

Two Future-Proofing Components to Protect Your Growth
Ever wish you had a crystal ball to see the future and plan accordingly? More effective than a crystal ball, future proofing is the process of anticipating what the future might bring, in order to minimize the potential downside of future events >>

In case you've missed it: Global eNews of October 07, 2021
Increase in hotel investments reflects growing optimism, Accor completes JV with Ennismore and more >>

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