Hyatt completes acquisition of Apple Leisure Group, Greenland Hotel Group opens Singapore hub and more...

Hyatt completes acquisition of Apple Leisure Group
Wednesday, 3rd November 2021

Through this acquisition, Hyatt has added properties in 11 new European markets and expanded its European brand footprint by 60%, strengthening Hyatt’s growth potential in a critical region for global leisure travel demand.

Hyatt is doubling its global resorts footprint through the addition of ALG’s AMR™ Collection brand portfolio, which comprises approximately 100 hotels and resorts operating in 10 countries, as well as a pipeline of 24 >>

Emirates' first retired A380 to be repurposed in the UAE
3 Nov 2021 : Emirates signs contract with UAE-based specialist Falcon Aircraft Recycling to save most of its retired aircraft from landfill via a pioneering upcycling and recycling programme >>

China-based Greenland Hotel Group opens Singapore hub to accelerate overseas growth
3 Nov 2021 : The hotel and tourism arm of Greenland Group will focus on expanding its hotel management portfolio in the region, eyeing Indonesia, Thailand and Vietnam as immediate top growth markets >>

The impact on the exhibition industry and related business
3 Nov 2021 : Global COVID-19 vaccination programmes are providing a shot-in-the-arm for the MICE industry, but continuing travel bans from key markets are hampering the industry’s recovery progress >>

Industry execs optimistic for travel recovery in 2022
3 Nov 2021 : Four-out-of-ten senior travel professionals think 2022 booking volumes across the industry will match or exceed 2019’s levels, reveals research released by WTM London >>

HIGHLIGHT ARTICLE

Booking.com Introduces 'Native Ads'
Wednesday, 3rd November 2021

For many hotels, the line between 'distribution' and 'marketing' has always been quite blurry. Mistakenly or not, commissions paid to OTAs have traditionally been considered a 'distribution' cost, whereas it’s arguable that a big chunk of that is 'marketing'.

Curiously, 'marketing' actions have traditionally been a separate line in the P&L named 'marketing fees/investment' and have rarely been identified as “distribution” costs, when they might have >>

Why Commercial Teams Must Learn To Trust The Science
We have been inundated with calls to trust the science since the pandemic began and similarly, we consistently hear from hotel commercial teams that they have significantly fewer resources available these days >>

In case you've missed it: Global eNews of November 02, 2021
Deutsche Hospitality and Porsche Design plan at least 15 hotels, growth of Indian aviation augurs well for tourism and more >>