IHG debuts voco brand in Lebanon, IATA to publish an annual Track Zero report and more...

IHG debuts voco brand in Lebanon
Monday, 10th July 2023

Globally, with 46 open hotels and over 50 hotels in the pipeline, voco continues to be a key driver of IHG’s overall growth in the conversion space.

The signing took place in Beirut, in the presence of H.E. Walid Nassar, the Minister of Tourism for Lebanon. A conversion property, voco Beirut Central District is scheduled to be rebranded by the end of this year, adding 123 rooms to IHG’s portfolio in the country >>

IATA to publish an annual Track Zero report
10 Jul 2023 : IATA will publish an annual Track Zero report using its Net Zero Tracking Methodology to report industry-level progress towards aviation’s commitment to Net Zero carbon emissions by 2050 >>

Higher interest rates are here to stay but the 'old normal' will come back
10 Jul 2023 : Higher Interest Rates are Here to Stay but the “Old Normal” will Come Back On Wednesday 5 July, we were delighted to welcome 425 delegates to our webinar on The Status of Hotel Debt Finance, hosted by HVS together with Bird & Bird, AlixPartners and EP Business in Hospitality >>

Travelling in the spirit of the Tiaki Promise on Airbnb
9 Jul 2023 : New Zealand is without question one of the world’s most beautiful and diverse travel destinations, and Airbnb has a thriving community of local Hosts who open their truly amazing and unique homes to visitors from near and far >>

HIGHLIGHT ARTICLE

The Return of the Cruise: How Luxury Cruises are Polluting European Cities
Monday, 10th July 2023

After a brief hiatus due to COVID-19, luxury cruises are back and this new study shows that cruise ship pollution at Europe’s busiest ports is back to pre-pandemic levels leaving many cities exposed to air pollution.

The analysis shows that despite the introduction of the UN shipping body’s sulphur cap in 2020, Europe’s 218 cruise ships emitted more sulphur oxides (SOX ) than 1 billion cars in 2022, or 4.4 times more than all the continent’s cars >>

Hotels as Underleveraged Investment Assets
Pro-invest Group released its latest white paper, 'Finding the Silver Lining: A New Perspective on Hospitality as an Alternative Asset', authored by Dr Sabine Schaffer, Co-Founder & CEO, Europe >>

In case you've missed it: Global eNewsletter of July 07, 2023
Choice Hotels ahead of schedule on Radisson integration, The Lux Collective signs its first HMA East Africa and more >>