Dubai Can: making drinking water more sustainable, Asia Pacific hotels attracts more than US$8B of investment in 2021 and more...

Dubai Can: making drinking water more sustainable
Wednesday, 23rd February 2022

Dubai is committed to change: The overarching goal of the initiative is to significantly reduce the consumption of – and reliance on – wasteful single-use plastic water bottles.

While the city is making great strides towards the no-single-use plastics objective, it is the actions of individuals – including residents and visitors – as well as organisations that will ensure the campaign has a wider and lasting impact >>

News from around Asia Pacific - February 23, 2022
23 Feb 2022 : Hotel industry and travel news from around the Asia Pacific region: New airport to open in the Maldives' Lhaviyani Atoll in February, Resorts World Sentosa to receive a million dollar upgrade and more >>

Hyatt announces the first Thompson property in Spain
23 Feb 2022 : Thompson Madrid will build on Hyatt’s continued growth of its luxury and lifestyle portfolio fueled by leisure demand >>

Asia Pacific hotels industry attracts more than US$8B of investment in 2021
23 Feb 2022 : Transaction volume in Asia Pacific totalled US$8.5 billion, accounting for 13% of total global hotel volume. This level of activity represented an increase of 39% over 2020 volumes, however sales remained 40% below pre-COVID levels achieved in 2019 >>

HIGHLIGHT ARTICLE

China's Declining Business Dynamism
Wednesday, 23rd February 2022

After impressive growth in the 2000s, China's productivity has more recently stagnated. The report finds that business dynamism is weaker in provinces where SOEs account for a larger share of the capital stock.

And the results suggest that declining private business dynamism is an important factor in explaining China's sluggish TFP growth and that SOE reform could boost productivity growth indirectly by stimulating business dynamism >>

The Race to Reopen in APAC Is On – Who Will Emerge the Winner?
'A disorderly restart with changing and confusing requirements' will have longterm negative impact, says IATA’s Vinoop Goel >>

Global eNewsletter of February 22, 2022
Hilton to debut LXR Hotels in South East Asia, Wego to acquire Cleartrip's Middle East business and more >>