Hyatt enters extended-stay market, Greek tourism sector to approach full recovery and more...

Hyatt enters extended-stay market
Monday, 26th June 2023

Hyatt’s transformative growth continues with announcement of Hyatt Studios, which is supported by signed letters of interest for more than 100 Hyatt Studios hotels.

The brand, which marks Hyatt’s entry into upper-midscale lodging in the Americas, was conceived through direct collaboration with hotel developers and listening closely to the needs of target guests >>

Vietnam approves extension of e-visa validity to 3 months
26 Jun 2023 : The National Assembly approved on Saturday a government proposal to extend the validity of tourist e-visas from 30 to 90 days and allow visitors multiple entries >>

Greek tourism sector to approach full recovery this year, Japan and China flourish
26 Jun 2023 : The WTTC 2023 Economic Impact Research (EIR) reveals the Greek Travel & Tourism sector is projected to near pre-pandemic levels this year >>

Global luxury goods market accelerated after record 2022 and is set for further growth, despite slowing momentum
26 Jun 2023 : Bain & Company and Altagamma’s 2023 spring luxury study shows the personal luxury goods market is projected to grow 5-12% in 2023, following a record year in 2022, despite uncertain economic conditions >>

HIGHLIGHT ARTICLE

How Can Independent Hotels Combat the Rise of OTAs?
Monday, 26th June 2023

As an independent hotel, it makes perfect sense to use OTAs as part of your selling strategy, However, the key word is part - you still want to prioritise getting as many direct bookings as possible.

Invest in the right technology that will monitor and update your rates if OTAs lower or raise them in certain times or locations. To comply with your contracts and avoid legal risks, it’s also important to monitor your own rates >>

Do the Over 50s Hold the Key to Hospitality Recruitment
In today's rapidly changing job market, the topic of diversity and inclusion has gained significant attention. While progress has been made in areas such as gender and race, ageism continues to be a prevalent issue in guest facing roles >>

In case you've missed it: Global eNewsletter of June 23, 2023
Caribbean & Central America market report, The State of Climate Action in Business Travel and more >>