citizenM announces new venture into the Metaverse, Australian Grand Prix lifting Melbourne hotel bookings to 29-month high and more...

citizenM announces new venture into the Metaverse
Thursday, 7th April 2022

citizenM announced it will acquire a LAND site in The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands, to begin building a hotel in the Metaverse.

This endeavor signifies a new movement in hospitality, as citizenM will be the first ever hotel group to purchase LAND in The Sandbox >>

Australian Grand Prix lifting Melbourne hotel bookings to 29-month high
7 Apr 2022 : This weekend’s Australian Grand Prix is lifting Melbourne’s hotel occupancy on the books to its highest level since November 2019, according to STR’s Forward STAR >>

African Safaris – Opportunities to invest in the wildlife economy
7 Apr 2022 : Africa Wildlife Economy: Before the pandemic travel and tourism contributed close to 9% of GDP in Africa, generating millions of jobs in the local economies >>

A gradual return to normalcy for the Indian travel sector
7 Apr 2022 : After a pandemic-induced two-year hiatus, India resumed all regular international flights with full capacity last week, a much-anticipated welcome update for the hospitality industry >>

Development boom in the Dominican Republic
7 Apr 2022 : The Dominican Republic is one of the fastest growing economies in the Caribbean and the most popular tourist destination in the Caribbean region >>

HIGHLIGHT ARTICLE

What Data Sets are Hotels Relying On?
Thursday, 7th April 2022

After two years of lockdowns and restrictions, historical data is now obsolete. Hoteliers and revenue experts are now pulling on even more data sources to identify and act on micro trends and optimize every opportunity >>

The Next Frontier in Hotel Service
Self-service technologies (SSTs) have simplified many aspects of everyday life, however, their relatively recent introduction means that the pros and cons of SST adoption in the hotel industry are still being explored >>

In case you've missed it: Global eNewsletter of April 06, 2022
South America hotel profitability still slumping, Accor partners with Traveloka and more >>