Indian hotel sector: Nine-month performance review, Experian finds 25 percent increase in online activity and more...

Indian hotel sector: Nine-month performance review
Thursday, 11th November 2021

During the nine-month period ending September 2021, the sector witnessed a 3-5% increase in RevPAR across India compared to the same period in 2020. In 9M2021, nationwide occupancy was in the region of 41-44%, an increase of more than 9 percentage points over the previous year.

While occupancy is rising because of the pent-up demand in the market, average rates are struggling as hotels try to shore up occupancy >>

Experian finds 25 percent increase in online activity
11 Nov 2021 : The pandemic-accelerated increase in digital transactions is here to stay and businesses must continue to transform their operations as they head into 2022 >>

Hard Rock Hotel to rock New York in spring 2022
11 Nov 2021 : The Hard Rock Hotel New York is nearing completion in the heart of Midtown Manhattan for an official debut in April 2022 >>

Courtyard by Marriott brand debuts in Phuket
11 Nov 2021 : Located in the heart of Phuket's old town, the 248-room Courtyard by Marriott Phuket Town is set to provide a sophisticated yet comfortable environment for guests as they explore the rich culture and heritage of southern Thailand >>

Transaction news from around Europe
11 Nov 2021 : Hotel industry and travel news from around the European region: Bain and Omnam acquire Hotel Britannia Excelsior on Lake Como and more >>

HIGHLIGHT ARTICLE

Creativity in Start-Ups
Thursday, 11th November 2021

The benefits of creativity and innovation in business. Creative approaches to innovation have been found to be essential for 'superstar' fast-growth companies.

Companies with entrepreneurial orientation, or those that are more innovative and more willing to take risks, have been found to grow faster. Companies that innovate are more profitable and grow faster >>

Keep On Keepin' On Again
We've written several times about the challenges of sustaining operations under changing COVID restrictions, and, as we reach what appears to be another turning point in this ongoing crisis, changing circumstances and executive orders are once again impacting organizations across the country >>

How Frictionless Payments Will Transform the Travel Experience (part 1 of 3)
The way we pay for goods and services has changed drastically over the past decade, driven by the convenience of mobile, new digital wallet options, contactless payments, QR codes, new approaches to authentication, and alternative payment methods >>

In case you've missed it: Global eNews of November 10, 2021
Hong Kong wants border open by year-end, what does this future look like for travel and more >>