A temporary setback for hotel performance recovery in China, MO re-opens Como property and more...

A temporary setback for hotel performance recovery in China
Thursday, 20th April 2023

China's hotel industry showed strong recovery in the first quarter of 2023, with domestic travel for both leisure and corporate purposes maintaining a V-shaped trajectory across the country and segments, including provincial and capital levels.

As a result, hotel profitability has improved due to the return of demand, a sharp increase in hotel rates, and the industry's ability to manage the new reality of rising costs in labor, energy and logistics >>

Minor Hotels announces expansion of its Avani brand
20 Apr 2023 : Minor Hotels has announced the expansion in Europe of its lifestyle brand targeted at millennial-minded travellers: Avani Hotels & Resorts. Avani will add five properties in key cities in Europe >>

MO re-opens Como property
20 Apr 2023 : Mandarin Oriental, Lago di Como is delighted to announce that the resort reopens its doors on 1 April 2023 >>

Artyzen announces the official opening of Suzhou
20 Apr 2023 : Artyzen Habitat Suzhou is the first of its quartet of new Artyzen Habitat openings in 2023 >>

HIGHLIGHT ARTICLE

Bottom Line Benefits of Adding a Marketing Expert to Your Board
Thursday, 20th April 2023

As a result of the Sarbanes-Oxley Act, Boards of Directors in both public and private companies doubled down on their focus on financial concerns.

To fulfill their responsibility to mitigate risk to shareholders’ and investors’ assets, they hired more members with financial audit and risk expertise to help ensure SOX compliance. While there is not a Customer-Centricity Act, there might as well be >>

Top 10 CRE Trends 2023
Responding to changing business priorities and thriving through uncertainty >>

Insights Into the Transformations Impacting Our Industry
What are travelers’ new expectations? How to find the right balance between digital and human in the guest experience? >>

In case you've missed it: Global eNewsletter of April 19, 2023
Bentley delivers more cars then ever in 2022, India Hotel Market Review and more >>