The first e-commerce site for turnkey, individual travel certificates launched and more...

Wednesday, 21st September 2022

Purchasing the gift of travel has traditionally been time-consuming and complicated for both companies and consumers faced with today's limited resources.

Corporate reward and recognition buyers as well as individuals seeking to gift travel experiences over things have few options to accomplish this easily – until now. Travel Industry veterans fill a void in the travel gifting landscape by launching Gift A Trip >>

IHG announced partnerships with two leading Historically Black Colleges and Universities
21 Sep 2022 : Through the partnerships with Clark Atlanta University and Morehouse College, IHG will contribute resources and expertise to support students’ professional development, with a goal to inspire careers in hospitality and create a robust pipeline of future employment opportunities within IHG >>

US hotel performance
21 Sep 2022 : Following seasonal patterns, the US hotel industry reported lower performance from the month prior, according to August 2022 data from STR >>

Europe hotel transaction news
21 Sep 2022 : Hotel news and transactions from around the European region: Fortimo Group acquires the Grand Hotel Regina in Grindelwald, Switzerland, Kula and Gold Tree acquire future hotel sites in Dublin and Lisbon and more >>

HIGHLIGHT ARTICLE

Will Hoteliers Start Investing Adequately in Technology in 2023?
Wednesday, 21st September 2022

As per STR, IT spending in U.S. hospitality during the pandemic shrank significantly compared to 2019, dropping to as low as 50% in 2020 and rebounding slightly to 70% in 2021 of the pre-pandemic level.

Even worse is the drop in payroll (wages and benefits) to hotel IT personnel throughout the pandemic, ending the year at 46% of the 2019 level.

Technology spending in Europe and APAC during the last two years is estimated to be even worse >>

Why I Never Considered Hospitality As a Career
Now more than ever, the hospitality industry is facing a huge talent challenge, Covid hollowed it out. Many were asked to leave, even more left, those who stayed were overwhelmed and even more so now as travel recovers.

The future lies in its ability to retain as well as attract new talent >>

Global eNewsletter of September 20, 2022
Banyan Tree AlUla debuts in Saudi Arabia, COVID hospitality bulletin Asia Pacific and more >>