Turnover in the Netherlands market has returned to normal, but costs have risen sharply and more...

Turnover in the Netherlands market has returned to normal
Tuesday, 19th September 2023

The Dutch hotel market has largely recovered from the corona crisis, the occupancy rates have not yet fully recovered, but are improving strongly.

Partly due to high inflation, average room prices have risen to record levels. As a result, the turnover for the average hotel is again as high as before the start of the crisis. However, due to the sharp increase in costs, the average profit remains low >>

Aloft Hotels unveils the world’s largest hotel in Singapore
19 Sep 2023 : Located in the cultural neighbourhood of Balestier, the new hotel introduces vibrant and flexible spaces for travellers to connect with the culture and happenings in Singapore >>

IHG adds sixth hotel to its first collection brand
19 Sep 2023 : IHG Hotels & Resorts welcomes Convent Square Lisbon, Vignette Collection to its growing Luxury & Lifestyle portfolio – now the second largest in the world >>

Accor unveils first look for Grand Mercure entry into Japan
19 Sep 2023 : 23 Grand Mercure and Mercure hotels slated to open in Q2 of 2024, demonstrating Accor’s continued growth in key target markets >>

Rotana announced its entry into Senegal
19 Sep 2023 : The 150-key property in Dakar will be launched under the Arjaan Hotel Apartments by Rotana brand and is expected to be completed by 2026 >>

HIGHLIGHT ARTICLE

3 Trends Keeping Travel Leaders Awake at Night
Tuesday, 19th September 2023

Ahead of the Web in Travel Singapore event on October 2-4, titled The Human Revolution, three travel leaders have told us about the emerging trends that are keeping them awake at night.

With AI developing faster than ever, and climate change becoming increasingly urgent, these leaders told us what they fear – and what they’re doing about it >>

How AI and Deep Machine Learning Are Powering the Next Generation of Revenue Management Systems
Exclusive feature: Today, hoteliers are taking a much more holistic, collaborative, and strategic approach to how they run their businesses based on advances in AI-powered revenue technology >>

In case you've missed it: Global eNews of September 18, 2023
Ennismore signs historic deal with Dubai Holding, Hotel Indigo announces fourth property in Japan and more >>