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Global eNewsletter of March 28, 2023 4Hoteliers.com ~ Click title to read the article Tuesday, 28th March 2023
Business travel demand returning across South America, Slow recovery of the Chinese tourism and more...
Business travel demand returning across South America Tuesday, 28th March 2023
South America’s weekday hotel occupancy, a lead indicator of business travel, is moving closer to pre-pandemic levels.
Among key markets in the region, São Paulo has seen stronger occupancy recovery on weekends compared to weekdays, but shoulder days (Sunday and Thursday), which combine both business and leisure travel, have been the best performing days in the market >> Wharf Hotels named among initial participants of Global Hotel Alliance’s Green Collection 28 Mar 2023 : Hong Kong headquartered Wharf Hotels announced 11 of its 16 properties have been brought under Global Hotel Alliance’s (GHA) Green Collection >> Slow recovery of the Chinese tourism industry tells us a lot 28 Mar 2023 : In 2019, China was the tourism market of the moment, Chinese tourists made up 220 billion in tourism revenue, (which was 20% of global tourism spend) >> Portugal’s, Italy's and Germany's travel & tourism climate footprint 22 Mar 2023 : Portugal’s & Italy's travel & tourism sector is becoming more energy efficient, emissions intensity declined, whilst GDP continued to grow; Germany leads the way in reducing absolute emissions >>
HIGHLIGHT ARTICLE
The Top 3 Reasons Why Hoteliers Should be Monitoring the Short-Term Rental Industry Tuesday, 28th March 2023
The knowledge and experience obtained on your market pre-pandemic - its seasonality, recurring events, demand patterns, pricing and competitive landscape - are now less clear-cut.
While the pandemic’s disruptive grip on the industry may have loosened, you are now seeing different traveller behaviours and expectations. One trend that looks set to stay is the rapid growth in the short-term rental space >> Marketing to Chinese Tourists in 2023 – Where Are They Going? With China re-entering the global tourism economy in 2023, Chinese tourism marketing will be key in helping businesses meet the three years of pent-up demand from Chinese tourists >>
In case you've missed it: Global eNewsletter of March 27, 2023 China Wealth Report 2022, the rise of online adaptation and more >>
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