Tourism on track for full recovery as new data shows strong start to 2023, global transformation and more...

Tourism on track for full recovery as new data shows strong start to 2023
Thursday, 18th May 2023

International tourism is well on its way to returning to pre-pandemic levels, with twice as many people travelling during the first quarter of 2023 than in the same period of 2022.

Europe enjoyed the best results in 2022 with nearly USD 550 billion in tourism receipts (EUR 520 billion), or 87% of pre-pandemic levels. Africa recovered 75% of its pre-pandemic receipts, the Middle East 70% and the Americas 68%. Due to prolonged border shutdowns, Asian destinations earned about 28% >>

Global transformation and the consequences for our industry
18 May 2023 : Digitalisation, demographic change and the energy transition were the main topics, global transformation processes are presenting every industry with huge challenges >>

Global Hospitality industry backs bold five-year strategy
18 May 2023 : Leading hospitality brands have agreed on a shared vision for a prosperous and responsible sector that gives back to the destination more than it takes, signalling the dawn of a new era for the once-fragmented hospitality industry >>

Jakarta hotels post highest room rates since 2018, Dubai hotel occupancy peaks
18 May 2023 : Jakarta’s hotel industry posted its highest monthly ADR since August 2018, Amsterdam's reaching records and Dubai April hotel occupancy peaked >>

Hyatt plans for Zoëtry Wellness & Spa resorts debut in Greece
18 May 2023 : Zoëtry Halkidiki, a new boutique, all-inclusive resort, expected to mark the second Zoëtry Wellness & Spa Resorts property in the Inclusive Collection, part of World of Hyatt European portfolio >>

HIGHLIGHT ARTICLE

Hotel Direct Bookings vs. Hotel Bookings from OTAs
Thursday, 18th May 2023

Online travel agencies (OTAs) have gained popularity as a primary channel for booking hotel rooms, while direct bookings continue to be a preferred method for many travelers.

As a hotelier, understanding the pros and cons of both hotel direct bookings and hotel bookings from OTAs is crucial for developing an effective revenue management strategy >>

Staying on Target: Mastering Your Meta Audience
Getting to know audience options in Meta’s advertising platform, ie Facebook & Instagram >>

In case you've missed it: Global eNewsletter of May 17, 2023
King Charles’ Coronation gave British luxury a boost, Asia Pacific Capital Tracker 1Q23 and more >>