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Global eNewsletter of October 27, 2021
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Wednesday, 27th October 2021
 

Open borders but empty pockets?, how are companies moving the needle on sustainability reporting and more...

Open borders but empty pockets?
Wednesday, 27th October 2021

Around the world the HNWIs (High Net Worth Individuals), to use the polite term for filthy rich persons in banking circles, are gaining in wealth during the pandemic years of 2020 and 2021.

The ten richest persons alone added 400 billion USD to their coffer in 2020, whereas the close to 1,000 USD-billionaires in China made an additional 1.5 trillion USD. In the first half of 2021, this trend continued >>

US construction pipeline experiences highs and lows in Q3
27 Oct 2021 : Analysts report that in the third quarter of 2021 the total US construction pipeline stands at 4,837 projects/592,259 rooms, down 8% by projects and 10% by rooms year-over-year (YOY) >>

Club Wyndham launches travel channel on YouTube
27 Oct 2021 : Club Wyndham South Pacific has launched its travel channel Club Wyndham TV on YouTube, which features a wide variety of videos providing travel inspiration and tips >>

News from around Asia Pacific
27 Oct 2021 : Hotel industry and travel news from around the Asia Pacific region: Artotel acquired Indonesia franchise of Kyriad with new round of financing, Millennium Hilton Seoul to be redeveloped as mixed-use complex and more >>

HIGHLIGHT ARTICLE

How are Companies Moving the Needle on Sustainability Reporting?
Wednesday, 27th October 2021

Companies with ambitious decarbonization goals are aiming for consistent, transparent data. As more companies commit to long-term targets for a net zero carbon future, the pressure is on to report progress to shareholders and the wider business world >>

Hospitality on Their Own Terms
As the hospitality industry begins to step out of the shadow of the COVID Pandemic, one question remains after a year-and-a-half of uncertainty, 'what do travelers want now?'. Travelers expect more, here’s how hotels can keep up >>

The Rise of Staycation Hotel Packages
Hotels occupy a unique space in travel today enabling guests to achieve a unique experience without having to venture long distances >>

In case you've missed it: Global eNews of October 26, 2021
Forbes Travel Guide celebrates European winners and announces expansion plans, path to tourism recovery in Asia Pacific and more >>

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