Miami and Dubai led the world in hotel profit recovery in 2021, US travel & tourism recovery projected to exceed pre-pandemic levels and more...

Miami and Dubai led the world in hotel profit recovery in 2021
Wednesday, 9th February 2022

Miami and Dubai led the major global markets in hotel profit recovery for 2021, according to STR‘s full-year P&L data release.

Miami’s gross operating profit per available room (GOPPAR) beat 2019 levels by 14 percentage points, while Dubai reached 95% of its pre-pandemic comparable >>

Hyatt announces plans for Santorini
9 Feb 2022 : Slated to open in May 2022, the luxurious 59-room hotel will join The Unbound Collection by Hyatt portfolio as the first Hyatt-affiliated hotel in the Greek Islands >>

China’s airlines and airports prioritize tech to improve efficiency and passenger experience
9 Feb 2022 : New operational efficiencies, low-touch and seamless passenger experiences, and IT to support sustainability identified as priorities >>

US travel & tourism recovery projected to exceed pre-pandemic levels in 2022
9 Feb 2022 : WTTC research projects sector's GDP contributions could reach $2 trillion with Easter and summer travel bookings helping bolster economic recovery >>

HIGHLIGHT ARTICLE

A Disrupted Global Recovery
Growth slows as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty.

The continuing global recovery faces multiple challenges as the pandemic enters its third year. The rapid spread of the Omicron variant has led to renewed mobility restrictions in many countries and increased labor shortages. Some challenges, however, could be shorter lived than others >>

In case you've missed it: Global eNews of February 08, 2022
Which cities are the most innovative?, Vietnam’s HCMC plans to welcome over 3 million international tourists in 2022 and more >>