United States is world's top destination for Foreign Direct Investment, Okura plans its first hotel in Oman and more...

United States is world's top destination for Foreign Direct Investment
Tuesday, 13th December 2022

The US recorded the largest increase of inward foreign direct investment of all economies in 2021, increasing by $506 billion, or 11.3 percent, in 2021.

As the Chart of the Week shows, the United States is now the world’s top destination for FDI, while China has moved up to the third position. It also shows how smaller economies take prominent positions among the global top 10.

The Netherlands, Luxembourg, Hong Kong SAR, Singapore, Ireland, and Switzerland all appear on this list even though none of these economies rank among the top 10 when it comes to gross domestic product >>

Okura plans its first hotel in Oman
13 Dec 2022 : Hotel Okura Co announces that the Okura Resort Muscat will open in 2027 in Muscat, the capital of the Sultanate of Oman, located at the southeastern tip of the Arabian peninsula >>

Newpark Resort & Hotel partners with Travel Outlook to increase voice channel revenue and improve guest satisfaction
13 Dec 2022 : Travel Outlook, The Premier Hotel Call Center™, is pleased to announce that Newpark Resort in Park City, Utah has joined the exceptional hotels enjoying the premium Travel Outlook voice services >>

Carlton Cannes to become Europe’s first Regent Hotel
13 Dec 2022 : IHG Hotels & Resorts has announced an historic addition to its Regent Hotels & Resorts portfolio - a continuation of its partnership with the hotel’s owner and developer Katara Hospitality >>

European hotel transactions news - December 12, 2022
12 Dec 2022 : Hotel news and transactions from around the European region: Cadogan Estates acquires The Draycott Hotel in London, Dream Hotel Group and more >>

HIGHLIGHT ARTICLE

Shifting Trends Shaping Travel and Tourism
Tuesday, 13th December 2022

By Giovanni Angelini - Exclusive for 4Hoteliers.com
As we head into a new business year, industry executives seeking to maintain competitive advantage need to assess and predict what current and emerging trends will likely shape the travel, tourism, and hospitality industry in the months/years ahead.

'Fail to plan, and you plan to fail,' goes the old saying, and, in a post-pandemic world, effective planning is more important than ever >>

The End of Remote Work?
As you have probably gathered by now, I draw my material from a wide variety of sources, including original interviews and sometimes even my readers >>

Q&A on Saudi Arabia's Hotel infrastructure - Development
Exclusive Feature: There is enormous tourism potential that poses great challenges for the Kingdom. Will they succeed? That depends on how the leadership will be able to have all Saudi people, both young and older generations, join this Mammut transformation >>

In case you've missed it: Global eNews of December 12, 2022
Kerzner adds the first SIRO Hotel to its portfolio, Q&A with Delta Adventures and more >>