Chinese consumers booked 4 1/2x more flights in first 3 months of 2023, European hotel values rise and more...

Chinese consumers booked 4 1/2x more flights in first 3 months of 2023
Thursday, 23rd March 2023

Pre-sales of the company’s cruise tours along Nordic fjords and the Mediterranean each surpassed RMB1 million in a single day.

Simeon Shi, Chief Strategy Officer and Head of Corporate Development at Fliggy, said: 'We see a shift from destination-focused to experience-oriented and interest-driven' >>

European hotel values rise 3% in 2022 in what proved a mixed year for the sector
23 Mar 2023 : Hotel values across Europe rose around 3% in 2022 with Paris, London, Zürich, Amsterdam and Rome remaining those with the highest valued hotels >>

Fairmont expands footprint in sub-Saharan Africa
23 Mar 2023 : Featuring an extraordinary location, on the vibrant V&A Waterfront with the breath-taking Table Mountain as a backdrop, the Cape Grace Hotel will transition into a fully branded Fairmont property, Cape Grace by Fairmont, by end of 2023 >>

Tourism’s potential on least developed countries
23 Mar 2023 : UNWTO centred tourism as a key pillar of sustainable development at the 5th United Nations Conference on Least Developed Countries >>

HIGHLIGHT ARTICLE

How Pandemic Accelerated Digital Transformation
Thursday, 23rd March 2023

And as the crisis recedes, we can now see that digitalization, as measured by the share of workers using a computer connected to the internet, has proved to be a silver lining across many economies.

This has far-reaching and long-lasting implications for productivity and labor markets, as we detail in a new staff discussion note focusing on advanced economies >>

Restaurant Owner Learns Dangers of Comingling Employees Between Locations
Federal wage officials recently announced that two Florida restaurants with common ownership failed to properly calculate overtime pay when their employees worked at both locations in the same workweek >>

In case you've missed it: Global eNewsletter of March 22, 2023
Portugal’s, Italy's and Germany's travel & tourism climate footprint, first Mondrian for the UAE and more >>