European accommodations hope for a record-breaking year, summer 2023 barometer reveals, Marriott and MGM and more...

European accommodations hope for a record-breaking year, summer 2023 barometer reveals
Wednesday, 19th July 2023

Stakeholders within travel & tourism and beyond are eagerly awaiting a rebound, given the size and importance of our sector.

After all, in 2019 - the last pre-pandemic reference year - travel & tourism was responsible for over 22 million jobs (11.2%) of the EU’s total workforce and contributed €1,3 trillion (or 9.5%) to the bloc’s economy. But what shape will the recovery take? Can the sector outpace the average GDP growth rate again? >>

Marriott and MGM Resorts announce license agreement
19 Jul 2023 : Additionally, Marriott International and BetMGM sign loyalty marketing agreement to make Marriott Bonvoy the exclusive hospitality loyalty program partner of BetMGM >>

Major shake-up in world's passport power ranking
19 Jul 2023 : Japan has been knocked off the top spot on the Henley Passport Index for the first time in five years and bumped into 3rd place, according to the latest ranking, which is based on exclusive data from the International Air Transport Association (IATA) >>

IHG's Vignette Collection débuts in Phnom Penh
19 Jul 2023 : Partnership with Odom Living Co Ltd will introduce one-of-a-kind Luxury & Lifestyle brand to Cambodia’s capital city in 2027 >>

Swiss-Belhotel and CTG Hotel sign an alliance
18 Jul 2023 : Swiss-Belhotel International has signed a memorandum of understanding (MOU) with CTG Hotel, part of the largest tourism enterprise in China - China Travel Group, the partnership is set to significantly boost the hotel company portfolio >>

HIGHLIGHT ARTICLE

Generative AI Will Reorient Guest Behavior Around Chatbots
Wednesday, 19th July 2023

There’s a sea change for the travel world happening on the heels of this year’s AI craze, but like previous innovations, we may be overestimating its impact in the short term and underestimating its impact in the long term.

To see just how much generative AI will change how travelers find their accommodations and the level of service that guests will come to expect, we must first look back to inventions in the near past to build a trendline for what’s coming >>

Are You Ready For The Next Disruption?
Hotel revenue teams can never afford to rest on their laurels, not with the consistent and rising degree of uncertainty that continues to hang in the air–the feeling that the next downturn could be hiding just around the corner >>

In case you've missed it: Global eNewsletter of July 18, 2023
Co-Living Group HOMA raises funds for Thailand expansion, Expedia Group launches new loyalty program and more >>