Jamaica’s tourism sector is back on track, Accor continues expansion in the Kingdom of Saudi Arabia and more...

Jamaica’s tourism sector is back on track
Friday, 18th March 2022

Just days after Jamaica marked the second anniversary of the confirmation of its first case of the COVID-19 virus, Minister of Tourism, Hon Edmund Bartlett, has revealed that the island’s tourist arrivals are returning to 2019 levels.

This number tops the combined 30,000 arrivals the previous weekend, with Sangster International accounting for 27,000 visitors >>

Accor continues expansion in the Kingdom of Saudi Arabia
18 Mar 2022 : Accor continues to expand its luxury footprint in the Kingdom of Saudi Arabia, with the signing of its first Sofitel property in the Holy City of Madinah, scheduled to open in 2023 >>

OYO launches first play-to-earn booking experience
18 Mar 2022 : OYO announced the launch of its play-to-earn business model. Similar games have been blowing up the crypto world; however, OYO is the first internationally recognized hospitality brand to formally integrate the platform into its business strategy as a means to boost and retain customer engagement >>

Sydney occupancies stable amid COVID concerns
18 Mar 2022 : Amid increased COVID-19 cases and a slow return to office, Sydney’s hotel industry reported a marginal occupancy increase in February from the prior month, but lower rates, according to preliminary February 2022 data from STR >>

HIGHLIGHT ARTICLE

Pandemic’s E-commerce Surge Proves Less Persistent, More Varied
Friday, 18th March 2022

There’s no doubt that e-commerce helped many navigate the pandemic, from online shopping to curbside pickup to food delivery.

But as we slowly emerge from lockdowns and other restrictions, it’s less clear how this shift to digital commerce may evolve across economies and industries. This raises questions about how much digital consumption increased >>

How War in Ukraine Is Reverberating Across World’s Regions
Beyond the suffering and humanitarian crisis from Russia’s invasion of Ukraine, the entire global economy will feel the effects of slower growth and faster inflation >>

In case you've missed it: Global eNewsletter of March 17, 2022
Most experts believe the effect of the Ukraine crisis on tourism will be limited, UNWTO strengthens partnership with Saudi Arabia and more >>