Ascott signs over 7,500 units in 1H 2022, US hotel profitability reached 32-month high in June and more...

Ascott signs over 7,500 units in 1H 2022
Friday, 5th August 2022

Ascott opens over 56% more units in 1H 2022 and acquires first lyf property in Tokyo via its serviced residence global fund.

The Japanese asset will be refurbished to introduce Ascott’s first lyf-branded coliving property in the city. The acquisition follows Ascott’s signing of over 7,500 units in 1H 2022, a 32% increase compared to the same period last year. Ascott has also recently completed its acquisition of Oakwood Worldwide >>

US hotel profitability reached 32-month high in June
5 Aug 2022 : US hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019, according to STR‘s June 2022 P&L data release >>

Cendyn announces acquisition of digitalhotelier
5 Aug 2022 : The combination cements Cendyn’s global leadership in growing the direct-booking channel and enhancing the guest experience for hotels >>

Park Hyatt Milan reopens its doors after a €20M makeover
5 Aug 2022 : Hyatt announced that the iconic five-star luxury establishment Park Hyatt Milano opens its doors today after two years of extensively reimagining its spaces, while staying true to the property’s unmatched, historic character >>

SITA unveils eVisa to transform borders and boost growth
2 Aug 2022 : SITA announced the launch of SITA eVisa and SITA Electronic Travel Authorization to meet the rapidly growing demand from governments for digital visa systems to stimulate national economies after COVID-19, strengthen security and improve the travel experience >>

HIGHLIGHT ARTICLE

Why Headhunters Don’t Answer Your Emails or Calls
Friday, 5th August 2022

You need to accept the fact, that headhunters are retained by clients and not candidates. In other words, it’s the clients who pay their fees. Not you.

Any minute the headhunter spends talking to people who are no way near a client’s requirement will just delay the completion of the search assignment >>

Seven Ways to Handle Abusive Customers (And One Way Not To)
No employee should be treated poorly by customers and I feel bad for the people who work at the airport luggage office >>

Global eNewsletter of August 04, 2022
HotStats’ COO talks profitability - Today and tomorrow, COVID hospitality bulletin Asia Pacific and more >>