Global Hotel Investment Outlook 2023, OYO back to expansion, Australia’s hotel industry and more...

Global Hotel Investment Outlook 2023
Wednesday, 15th February 2023

The global hotel industry is on track for a full recovery with re-emergence of international travel and opportunities for cross-border hotel investment.

Despite macroeconomic headwinds, geopolitical tensions, and ongoing supply chain disruptions, the global lodging industry remained resilient in 2022 with fundamental performance accelerating towards a full recovery.

China’s long-awaited reopening following three years of strict lockdowns will undoubtedly fuel even further growth, with global investors likely to re-enter the mix >>

OYO back to expansion in UK, adds 40 hotels
15 Feb 2023 : Global travel technology company, OYO’s UK operations announced that it has added 40 hotels to its platform and doubled its revenue in 2022 vs 2021 >>

Sun is still shining on Australia’s hotel industry
15 Feb 2023 : Australia’s hotel performance turned a massive corner during the first half of 2022 as the Omicron wave subsided and governments relaxed travel restrictions around the country >>

European hotel transactions news - February 15, 2022
15 Feb 2023 : Hotel news and transactions from around the European region: Jastar Capital acquires the Native Bankside aparthotel in London, Jumeirah, European Hotel Capital acquires Best Western hotel in Gouda and more >>

Hyatt House to bebut in Tokyo
15 Feb 2023 : Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with Tokyu Land Corporation for Hyatt House Tokyo Shibuya>>

HIGHLIGHT ARTICLE

What Makes A Forbes Travel Guide Five Star?
Wednesday, 15th February 2023

When Forbes Travel Guide’s expert inspectors visit a property, they anonymously test it based on hundreds of exacting standards, with an emphasis on exceptional service. While there is always a place for the finest, most traditional service, the evolution of luxury is continually broadening >>

The Big EQ (Emotional Intelligence) Illusion!
Why has the hospitality industry still not been able to capitalize on EQ? By scientific definition, emotional intelligence is the ability to recognize, understand, and manage our own emotions as well as recognize, understand, and influence those of others >>

Hotel Hospitality Stories I Learned While Training One Of The Best Banks In The World!
While the situations and circumstances may be different, those who work in the hotel and lodging industry encounter opportunities every day to initiate similar gestures of hospitality for our guests >>