Sports Tourism: A rewarding opportunity for hotels, Sydney hotels led April profitability recovery in Asia Pacific and more...

Sports Tourism: A rewarding opportunity for hotels
Wednesday, 8th June 2022

Global sporting events such as the FIFA World Cup, the Olympic Games, Formula 1 racing, and so on ensure a significant influx of visitors to the host destination, attracting international and domestic spectators from all over the world.

The global sports tourism industry, as per Industry Reports valued at US$ 458.8 billion in 2019, is one of the fastest-growing segments in tourism, with a CAGR of 16% expected to reach US$ 1,803 billion by 2030 >>

Sydney hotels led April profitability recovery in Asia Pacific
8 Jun 2022 : Among key hotel markets in the Asia Pacific region, Sydney’s gross operating profit per available room (GOPPAR) level came closest to its 2019 comparable, according to STR’s April 2022 P&L data release >>

Forecast to full US RevPAR recovery in 2022 upgraded
8 Jun 2022 : STR and Tourism Economics have upgraded the recovery timeline for US hotel revenue per available room (RevPAR) >>

MO Mayfair, London to open on Hanover Square this winter
8 Jun 2022 : Mandarin Oriental Hotel Group is expanding its presence in London with the opening of Mandarin Oriental Mayfair, London this winter >>

HIGHLIGHT ARTICLE

Discussing Social Issues: Don't Leap Before You Look!
Wednesday, 8th June 2022

Interest in social issues and societal change is at an all-time high. Today people can find other like minded folks without regard to distance or divides, and individual voices can be amplified to a degree never before seen in human history.

This, combined with a constant barrage of events that force hot-button issues into daily conversation, means the question of whether your organization will engage in discussion of social issues has become one of 'When?', not 'If...' >>

Asia Pacific: Hotel Sustainability Data Trends 2021
The annual report, published for the sixth consecutive year, presents the results of the 2021 Horwath HTL Asia Pacific Hotel Industry Survey >>

In case you've missed it: Global eNewsletter of June 07, 2022
Rotana opens 4th hotel in Iraq, Four Seasons arrives in Venice, attract more guests with better landing pages and more >>