Ennismore & Cain partner to drive global expandsion, Accor signs ibis Styles in the heart of Tokyo and more...

Ennismore & Cain partner to drive global expandsion
Monday, 17th April 2023

Ennismore announces it has entered into exclusive negotiations to build a long-term partnership with Cain International.

The partnership will see Cain – a privately held investment firm – acquire a minority stake in the Delano brand, collaborate with Ennismore to support Delano's global growth ambitions and deliver its current expansion pipeline, including Seoul, Istanbul, and Cartagena, with several other locations under negotiation >>

Accor signs ibis Styles property in the heart of Tokyo
17 Apr 2023 : Accor, the region’s largest international hospitality company is expanding its presence in Japan with the signing of ibis Styles Tokyo Ginza East >>

Rixos arrives in Montenegro
16 Apr 2023 : The Heritage Grand Perast by Rixos opens in April 2023 and will be an immersive resort offering guests a luxury experience of entertainment and escapism >>

Poland Hotels: Performance is back, but can hospitality keep it up?
15 Apr 2023 : A warm welcome to this latest edition of the Poland Hotels and Chains report: in 2022 hotel chains represent 18% of hotels but almost 50% of all bedrooms >>

Global economic recovery endures but the road is getting rocky
12 Apr 2023 : The global economy’s gradual recovery from both the pandemic and Russia’s invasion of Ukraine remains on track >>

HIGHLIGHT ARTICLE

Asia Likely to See Dynamic Economic Growth, but With Policy Challenges
Monday, 17th April 2023

Asia and the Pacific remains a dynamic region despite the somber backdrop of what looks to be shaping up as a challenging year for the world economy.

Region would contribute more than 70 percent to global growth this year—but still faces challenges from inflation, debt, and financial vulnerabilities >>

Is Generative AI an Existential Threat to Google?
Google will be another winner from generative AI, in March 2023 Google had 75+ billion visitors vs 1.6 billion for ChatGPT >>

In case you've missed it: Global eNewsletter of April 14, 2023
Business travel begins to take off, but full recovery experiences further delays, MICHELIN Guide Hong Kong & Macau and more >>