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Global eNewsletter of October 13, 2021
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Wednesday, 13th October 2021
 

Europe’s key hotel markets show improved profitability but remain well below pre-pandemic levels, Taiwan hotel update 2021 and more...

Europe’s key hotel markets show improved profitability but remain well below pre-pandemic levels
Wednesday, 13th October 2021

The hotel industries in Amsterdam, Berlin, London, Moscow and Paris each reported improved profitability, but all remained well below pre-pandemic levels.

August was the first month of the pandemic-era in which all five of these key European markets posted positive levels of gross operating profit per available room >>

Taiwan Hotel Update 2021 - Trends, outlook & opportunities
13 Oct 2021 : Taiwan is a popular travel destination in Asia with a majority of visitors from Greater China and North Asia, however, the government decided to close the border in early 2020 during the onset of the COVID-19 pandemic >>

Ascott to manage the largest serviced residence integrated development in Vietnam
13 Oct 2021 : Ascott has formed a strategic partnership with Sun Group, one of the leading Vietnamese real estate developers, to manage the country's largest serviced residence integrated development >>

The world's first Nobu Hotel starts a renovation
13 Oct 2021 : As the world's first Nobu Hotel Caesars Palace commemorates its eighth anniversary, the luxury boutique hotel within the iconic Las Vegas resort embarks on a multimillion-dollar refresh of all 182 guest rooms and public areas >>

The Shay, a Destination by Hyatt hotel, debuts in LA
13 Oct 2021 : The 148-room boutique hotel and destination for creative collaboration, unique meetings, and events anchors Culver City's highly anticipated Ivy Station development, the brand’s first urban hotel in Southern California >>

HIGHLIGHT ARTICLE

Why We Must Bake Health Credential Checks Into Our Travel Eco-System, Everywhere
Wednesday, 13th October 2021

The need for passengers to provide these credentials in many and varied ways is in effect reducing the actual capacity of airports. IATA says that average passenger processing and waiting times have doubled from what they were pre-crisis during peak time.

This is placing immense pressure on travelers and the industry at large, creating a cocktail of congestion and confusion, not to mention frustration all round >>

Neglecting Reputation Can Be Costly
With polls showing that global executives attribute a whopping 63% of their company’s market value to its overall reputation, it seems most in the know would agree reputation is a tremendously valuable resource >>

In case you've missed it: Global eNews of October 12, 2021
Hospitality beyond hotel walls: inventing the urban mobility of tomorrow, exploring Thailand's Sandbox model and more >>

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