Strong tourism growth predicted for Asia Pacific in 2023 and continuing to 2025, the power and perils of the 'Artificial Hand' and more...

Strong tourism growth predicted for Asia Pacific in 2023 and continuing to 2025
Monday, 12th June 2023

Updated forecasts for 39 Asia Pacific destinations show a very strong increase in aggregate international visitor arrivals (IVAs) under each of three scenarios in 2023, with robust annual growth continuing to the end of 2025.

Predicted international arrival numbers in 2023 range from 705 million under the mild scenario to 516 million under the medium scenario, and almost 390 million under the severe scenario >>

Marriott to bring the Aloft Hotels brand to Singapore
12 Jun 2023 : Aloft Singapore Novena, set to be the brand's entry to Singapore and the largest Aloft in the world, is expected to open in Q3 2023 >>

InterContinental Bangkok reopens
10 Jun 2023 : InterContinental Hotels & Resorts has officially reopened InterContinental Bangkok, known as the city’s most iconic five-star luxury hotel located in the heart of Bangkok, after a multimillion-dollar renovation and spectacular makeover >>

IDeaS named 'RMS Platform of the Year'
11 Jun 2023 : IDeaS Revenue Solutions has been selected as 'RMS Platform of the Year' in the inaugural TravelTech Breakthrough Awards program conducted by TravelTech Breakthrough >>

HIGHLIGHT ARTICLE

The Power and Perils of the 'Artificial Hand'
Monday, 12th June 2023

It's interesting to note that the greatest productivity impact was on newer and lower-skilled workers. Why? The study suggests that AI can help spread the knowledge of more experienced, productive workers. Imagine how productive a company could be if every employee performed at the level of its best employee! >>

A 'Reputation Recession' Is Bringing Luxury Brands and Others Down
Brand loyalty and brand reputation create a virtuous circle: A strong brand reputation builds customer loyalty, further enhancing brand reputation.

However, according to RepTrak’s latest brand reputation study, many luxury brands’ reputations fell this year. That could present more challenges to luxury brands just when they need loyal customers the most as dark clouds hang over the global economy >>

In case you've missed it: Global eNewsletter of June 09, 2023
Priceline charts businesswide Generative AI deployments with Google Cloud, recovery in key Asia Pacific markets and more >>