Global eNewsletter of August 15, 2022
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Monday, 15th August 2022

Princess & Carnival Cruises remove vaccine requirement for most voyages, Choice completes acquisition of Radisson Hotels Americas and more...

Princess & Carnival Cruises remove vaccine requirement for most voyages
Monday, 15th August 2022

Princess Cruises and Carnival Cruise Line announced updated COVID-19 protocols and guidelines.

Removing the vaccine requirement for most voyages of less than 16 days so that anyone can cruise, and adjusting pre-travel testing requirements to make it less complicated >>

Choice completes acquisition of Radisson Hotels Americas
15 Aug 2022 : Unites highly complementary hospitality businesses, adding nine brands and 67,000 rooms in attractive, higher revenue destinations >>

Hospitality brand Selina debuts in Southeast Asia
15 Aug 2022 : One of the fastest-growing hospitality brands in the world Selina, has opened their first Southeast Asia property in Phuket, Thailand >>

Wellness and the Metaverse
14 Aug 2022 : This is the first-ever global competition for innovators pioneering a new era for health and wellness in the metaverse and Web3; Will be judged by a high-profile panel of experts and is co-sponsored by WellTech Ventures and Meta >>


Hotels Are Finding Room for Co-Living Spaces
Monday, 15th August 2022

Co-living projects are on the rise in converted hospitality properties amid a hunt for rental growth. Behind two recent deals are favourable tax rates in Singapore and Hong Kong.

Lower taxes on the purchase of hospitality assets compared to residential assets — which are subject to higher transaction taxes that decrease investment returns — have made hotels the preferred option for asset conversion, particularly in these two cities. >>

Most Employers Moving Full Speed Ahead Despite Looming Economic Uncertainty
Despite the swirling economic volatility around the country, more than 40% of employers plan on growing their workforce in 2022 – and one in four businesses will pick up the pace this year and hire more employees than they typically would >>

In case you've missed it: Global eNewsletter of August 12, 2022
Business travelers set to see air fares, hotel rates and car rental charges rise in 2023 >>

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