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Global eNewsletter of August 10, 2023
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Thursday, 10th August 2023
 

Kerten will enter its House Residence brand in Oxagon, Rosewood appoints a Chief Operating Officer and more...

Kerten will enter its House Residence brand in Oxagon
Thursday, 10th August 2023

Kerten Hospitality will enter its House Residence brand in Oxagon, home to advanced and clean industries in NEOM.

This move will further Kerten Hospitality’s ambitious expansion across the Kingdom of Saudi Arabia. The upscale 200-unit serviced apartments, at the heart of Oxagon’s first residential community, is set to open its doors in 2025 >>

Labor costs kept US hotel GOPPAR down in June
10 Aug 2023 : Labor costs reached highest growth rate of pandemic-era. U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month >>

Rosewood appoints a Chief Operating Officer
10 Aug 2023 : Rosewood Hotel Group announces the appointment of Joerg Zobel as Chief Operating Officer, filling a key executive role for the global luxury lifestyle and hospitality group >>

CapitaLand Ascott Trust’s gross profit rose 31% in 1H 2023
9 Aug 2023 : Portfolio revenue per available unit (REVPAU) increased 44% in 1H 2023 on robust lodging demand >>

HIGHLIGHT ARTICLE

Hotels Catering to Adventurous Guests Seek To Limit Liability Exposure
Thursday, 10th August 2023

There has been much talk recently about 'extreme tourism' — particularly in light of the catastrophic implosion of the OceanGate's Titan vessel, bringing four passengers and the company’s CEO to their tragic, and likely avoidable, deaths.

'Extreme tourism,' sometimes called 'shock tourism,' can be defined as a form of travel that involves a sense of danger — such as adventure in jungles, deserts, caves, canyons or in today’s times: space and the bottom of the ocean floor >>

Process Innovation as the Core Engine for Hotel Technology Implementation
Reflecting on the past year and a half, have you noticed that the pace of the world has seemed to become relentlessly fast? At first, it was easy to chalk this up to playing catch-up from the temporary slowdown of daily life that was the pandemic >>

In case you've missed it: Global eNewsletter of August 08, 2023
Global hotel room rate trends, Morocco’s tourism industry booms in 2023 and more >>

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