Wyndham acquires European hotel brand Vienna House, Starbucks enters new era of growth and more...

Wyndham acquires European hotel brand Vienna House
Monday, 19th September 2022

Wyndham acquires the Vienna House brand from Berlin-based HR Group, a long-standing franchised partner of Wyndham, which will continue to own or lease and operate existing Vienna House hotels under long-term franchise agreements with Wyndham.

The acquisition of the brand adding an upscale and midscale portfolio of approximately 40 hotels and more than 6,000 rooms >>

Starbucks enters new era of growth driven by reinvention
18 Sep 2022 : Starbucks hosted its biennial Investor Day in Seattle where interim chief executive officer Howard Schultz, chief financial officer Rachel Ruggeri, and Starbucks leaders showcased the company’s Reinvention plan to an in-person audience of more than 150 investors >>

Hyatt opens second Hyatt branded hotel in Kuwait
19 Sep 2022 : Hyatt Hotels Corporation announced the opening of Grand Hyatt Kuwait – the first Grand Hyatt hotel in the country >>

S Hotels turns to IDeaS to drive demand and increase profitability across three properties in Thailand
17 Sep 2022 : Luxury hotel group selects IDeaS to obtain greater levels of forecast accuracy and enhanced daily pricing optimisation >>

HIGHLIGHT ARTICLE

Best Practices - Short Terms Rentals
Monday, 19th September 2022

Given its ability to drive job creation, stimulate the economy, foster regional integration and connect people across the world, Travel & Tourism is in a unique position to make a difference for emerging nations.

The sector’s ability to welcome travellers has been further expanded through the rise of short-term rentals (STR).

Empowering people to use their homes to earn extra income, short-term rentals have expanded participation in tourism, increased the quantity and distribution of available accommodation, and offered a new and different value proposition to travellers >>

How Food And Energy Are Driving The Global Inflation Surge
Rapid increases in food prices has been one of the main drivers of quickening inflation around the world, this chart shows the latest composition of price increases >>

In case you've missed it: Global eNewsletter of September 16, 2022
Destinations in the Indian Ocean are on the way to a full recovery, Rethink Tourism and more >>