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Global eNewsletter of October 21, 2022
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Friday, 21st October 2022
 

Marriott to acquire City Express brand to fuel growth in affordable midscale segment, Qatar 2022 add more rooms and more...

Marriott to acquire City Express brand to fuel growth in affordable midscale segment
Friday, 21st October 2022

Marriott International has reached an agreement with Hoteles City Express, SAB de CV to acquire the highly regarded City Express brand portfolio, marking Marriott’s entry into the affordable midscale segment with its 31st brand >>

MO signs Chengdu, Southwest China
21 Oct 2022 : Mandarin Oriental Hotel Group has announced that it will manage a new hotel in Tianfu, a modern Business District south of Chengdu, the capital city of Szechuan province >>

Hyatt Regency Salt Lake City debuts as the first hotel connected to the Salt Palace Convention Center
21 Oct 2022 : The hotel’s opening sets a new standard for leisure and group travel in one of the fastest-growing urban hubs in the United States >>

Singapore Tourism partners with Warner Bros. Discovery to inspire travel to Singapore
21 Oct 2022 : The three-year partnership spans different genres, starting with new HBO Asia Originals series ‘Food Affair with Mark Wiens’ >>

Qatar 2022 adds an additional 30,000 rooms for World Cup
21 Oct 2022 : Ticket sales for the FIFA World Cup Qatar 2022™ are approaching 3 million as the countdown continues to the first edition of the tournament in the Middle East and Arab world, which will get underway at Al Bayt Stadium on 20 November >>

Hong Kong launches stimulus to regain global standing
20 Oct 2022 : Hong Kong has launched a HK$30bn fund alongside a package deal of measures to draw worldwide companies after strict pandemic controls and a safety crackdown crippled its standing as a world monetary hub >>

HIGHLIGHT ARTICLE

Work with OTAs and Embrace New Economy Asset Class
Friday, 21st October 2022

Amid the bad news, investors pick bright spots – Japan leads the way. Hoteliers who follow their mother’s advice 'to share', learn to embrace the 'new economy asset classes' and learn to work with OTAs are the ones who will win in the new world of hospitality, said Miguel Ko, chairman of CapitaLand Investment >>

How Changes in Consumer Behaviour Will Impact the Hotels' Distribution
While demand makes its way back to pre-pandemic levels, the way consumers spend has changed forever, it is critical for hoteliers to rethink their hotel distribution channels and products >>

In case you've missed it: Global eNewsletter of October 20, 2022
Mediterranean resort destinations are taking the lead in global tourism recovery, Ascott unveils integrated strategy and more >>

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