Destinations in the Indian Ocean are on the way to a full recovery, Rethink Tourism and more...

Destinations in the Indian Ocean are on the way to a full recovery
Friday, 16th September 2022

The Maldives, Mauritius, Seychelles and Zanzibar have already recorded a robust recovery since the pandemic due to progressive border policies and pent up demand for luxury and idyllic resort destinations.

As airlift continues to recover and global tourism picks up, we expect the Indian Ocean to be a strong beneficiary of this demand, which will in turn continue to attract hotel investment >>

IHG unveils first urban beachfront resort in Jakarta
16 Sep 2022 : Agreement with Agung Sedayu Group expands IHG's brand portfolio to 36 opened and pipeline hotels in Indonesia >>

2022 Toronto MICHELIN Stars
16 Sep 2022 : The stars are shining brightly over Toronto, with 13 new MICHELIN-Starred restaurants joining the inaugural MICHELIN Guide Toronto >>

Rethink Tourism: Sector gets ready to celebrate World Tourism Day 2022
16 Sep 2022 : The countdown to World Tourism Day 2022 is now underway, with every part of the sector invited to be an active part of the annual celebrations >>

HIGHLIGHT ARTICLE

Energy Shocks Amid Rapid Inflation Could Fuel Faster Wage Gains
Friday, 16th September 2022

Billions of consumers around the world are seeing higher oil prices seep into the cost of living and wages.

Filling the gas tank soon starts to cost more when crude prices climb, as does airfare, but higher energy costs also boost prices for all the products on store shelves. Workers seek higher wages to compensate for a loss in their purchasing power.

These are what economists call second-round effects, and they can in turn further raise prices >>

How Hotels Can Get Ahead of the Hospitality Worker Shortage in 2022
A survey by the American Hotel and Lodging Association found that approximately 97% of hotels are experiencing a staffing shortage and around 50% of those hotels say the shortage is 'severe.'

For hotels, the current worker shortage is making it difficult for them to return to 'normal' following the COVID-19 pandemic. Hospitality industry leaders are focused on searching for ways to restore their workforce >>

In case you've missed it: Global eNewsletter of September 15, 2022
Summertime: Revenue and profit up, costs too, Choice introduces resources to benefit franchise owners and more >>