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Global eNewsletter of October 25, 2022
4Hoteliers.com ~ Click title to read the article
Tuesday, 25th October 2022
 

KSA's NEOM names first partner hotel brands, creative reimagination of travel in 2023 and more...

KSA's NEOM names first partner hotel brands
Monday, 24th October 2022

Hotel Development, the NEOM division responsible for building a future-centric hospitality ecosystem in the northwest corner of Saudi Arabia, has signed its inaugural hotel partner, Ennismore.

With a blank canvas and no legacy infrastructure, Hotel Development will capitalize on the region’s potential to establish a new era for the industry – one of imagination and a sense of duty to guide and inform how humanity engages with our world >>

Predictions for the creative reimagination of travel in 2023
21 Oct 2022 : People around the world are feeling overwhelmingly more optimistic about travelling in 2023 compared to 2022 and, despite some current instability felt globally, 66% of Brits report that travelling will always be worth it >>

Katara Hospitality and Accor expand partnership
24 Oct 2022 : Qatar based Katara Hospitality strengthens its partnership with Accor with the opening of the new Fairmont Tazi Palace Tangier in the Northern region of Morocco >>

Portugal Hotel & Chains Report 2022
23 Oct 2022 : As we move past the pandemic, hotels have been experiencing a sharp upturn in performance, almost reaching 2019 levels >>

US hotel performance for September 2022
22 Oct 2022 : The US hotel industry reported higher performance from the month prior and improved comparisons with 2019, according to September 2022 data from STR >>

Starbucks celebrates 10 years in India
24 Oct 2022 : Tata Starbucks Private Limited celebrates its 10th anniversary with the opening of the first Starbucks Reserve store in India, Starbucks Reserve Fort Mumbai in Mumbai, Maharashtra >>

HIGHLIGHT ARTICLE

Hotel Franchising in Europe – The Push Continues for New Ways to Expand
Monday, 24th October 2022

This report aims to assist owners in increasing their understanding and awareness of the franchise business model and current market trends, the fees outlined in this report apply solely to hotels operating in Europe.

Although franchising continues to be less prevalent in Europe compared to the USA, there is both anecdotal and quantitative evidence that it is gaining in popularity, both as a preferred means of expansion by the brands as well as an attractive model that allows owners to maintain a greater degree of control >>

Hotel Asset Management is Essential for an Unbiased Perspective
The hotel industry is highly complex in nature and is extremely sensitive to economic and market dynamics.

Just as the industry was emerging from the pandemic's shadow, new challenges have emerged, including rising input costs and other inflationary pressures, a bleak outlook for the global economy due to the possibility of a recession in the US and Europe, along with longstanding issues like a labor shortage >>

In case you've missed it: Global eNewsletter of October 21, 2022
Marriott to acquire City Express brand to fuel growth in affordable midscale segment, Qatar 2022 add more rooms and more >>

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