Retirement trends as life expectancy increases, Radisson announces seven new hotels in Africa and more...

Retirement trends as life expectancy increases
Wednesday, 14th June 2023

Due to longer lifespans, governments and employers must reshape approaches to retirement to ensure ageing populations can live fulfilling, healthy lives. New survey indicates shifting views on retirement and stark differences in how younger and older people see their future >>

Wyndham opens first Trademark Collection hotel in Turkey
14 Jun 2023 : The addition of Istanbul New Airport Hotel, Trademark Collection by Wyndham, builds on Wyndham's position as the largest international hotel company in Turkey >>

Radisson announces seven new hotels in Africa
14 Jun 2023 : Radisson Hotel Group continues its ambitious growth in Africa with the signing of seven new hotels, adding over 1,400 rooms to its African portfolio >>

European hotel transactions news
14 Jun 2023 : Hotel news and transactions from around the European region: KOP Group acquires the Burns Hotel in London, Leasowe Castle Hotel near Liverpool, UK, sold out of administration and more >>

HIGHLIGHT ARTICLE

New Hotel Rate Parity and Distribution Issues for 2023 and How to Fix Them
Wednesday, 14th June 2023

The last few years have been a time of immense change and challenges for the hospitality industry, yet one challenge that hotels continue to grapple with is rate parity.

During, and in the immediate period following the pandemic, any booking was a good booking and many hotels prioritised generating business and revenue in the short term; rate parity was less of a focus. That is no longer the case >>

The Mille Club: The Upside of Crossing Four Digits in Rate
Sometimes when explaining a concept, it’s best to look at the numbers but before going straight into using hotel rates, we’re going to start small with a bottle of run-of-the-mill wine, a product that’s also dear to our hearts and many other hoteliers >>

In case you've missed it: Global eNewsletter of June 13, 2023
IHG strengthens regional footprint with first voco resort in the Middle East and Africa Region, Sustainable Aviation Fuels and more >>