Data shows investment returning to global tourism sector, World's 50 Best Hotels were just announced and more...

Data shows investment returning to global tourism sector
Wednesday, 20th September 2023

Investment in the global tourism cluster has started to bounce back from the lows it touched during the pandemic off the back of the steady recovery of international tourist arrivals.

This findings according to a newly released report jointly produced by UNWTO and fDi Intelligence. The report, which is based on data from fDi Markets, fDi Intelligence's proprietary database of greenfield FDI projects, as well as international tourism data from UNWTO, provides a broad overview of the ongoing investment cycle in the tourism sector, breaking down investment figures by region, segments and companies >>

Meliá estimates business trips will equal historical results of 2019 in Q4, 2023
20 Sep 2023 : The hotel chain continues to promote business trips through its Meliá PRO Business Traveller: Benefits & Rewards programme, available in nearly 80 of the group’s hotels >>

Aman secures $360m investment
20 Sep 2023 : With this investment, the valuation of the hospitality company has touched $3bn >>

Andaz Macau opens as largest hotel within Andaz portfolio
20 Sep 2023 : Hyatt Hotels Corporation announced the opening of Andaz Macau in collaboration with Galaxy Macau™, the city’s prestigious luxury shopping, dining, entertainment and resort complex >>

Global debt is returning to its rising trend
20 Sep 2023 : The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of our Global Debt Database >>

The World's 50 Best Hotels were just announced
20 Sep 2023 : Following the success of The World’s 50 Best Restaurants and The World’s 50 Best Bars, 50 Best has just announced The World’s 50 Best Hotels in 2023, marking the brand’s first global launch since 2009 >>

HIGHLIGHT ARTICLE

Holidaying in the Metaverse
Wednesday, 20th September 2023

In the future, it may be more expensive, time-consuming, and risky to travel halfway around the world for a holiday getaway.

What if we could experience a convincing virtual version of the real thing? The Metaverse – a parallel digital realm blending real and fantasy worlds – has been tipped as the next disruptive technology, on track to completely alter reality as we know it, and tourism and hospitality businesses should be preparing for the switch >>

Perfecting Your Hotel Gift Voucher Strategy
Hotel online gift voucher sales generate significant revenue for the hotel industry and for guests, gift vouchers are a great go-to option when buying a gift for their family and friends >>

In case you've missed it: Global eNews of September 19, 2023
Turnover in the Netherlands market has returned to normal, but costs have risen sharply and more >>