Asia continues to fuel global growth, but economic momentum is slowing, Airbnb and more...

Asia continues to fuel global growth, but economic momentum is slowing
Thursday, 19th October 2023

Strong consumer spending has supported growth in Asia’s three largest economies this year, but there are already signs that the region’s recovery may be running out of steam. We expect growth in Asia and the Pacific to accelerate from 3.9 percent in 2022 to 4.6 percent this year, unchanged from the projection from last April >>

Airbnb and Ukraine sign joint MoU to support tourism
19 Oct 2023 : Airbnb and the State Agency for Tourism Development of Ukraine have signed a joint memorandum on the post-war period. After the end of the war, tourism in Ukraine should be supported again >>

Passenger demand recovery continues
19 Oct 2023 : The International Air Transport Association (IATA) announced that the strong post-pandemic passenger traffic trend continued in August >>

Travel Outlook’s Omnichannel telephony enhances guest service and reduces hotel labor expense
19 Oct 2023 : In a world where seamless communication is paramount for business success, Travel Outlook is now offering an omnichannel telephony system for its hotel clients >>

HIGHLIGHT ARTICLE

Succeeding As An Entrepreneur: It’s All About How You Think
Thursday, 19th October 2023

Business researchers and psychologists have tried to discover the personal qualities and attributes that set an individual up for success as an entrepreneur.

The failure rate is already so high for new enterprises – 20 percent of small businesses fail within the first year, and by year ten, only about 30 percent of companies are still open for business, a 70 percent failure rate – why add insult to injury to insult for those not gifted with the spirit for entrepreneurship? Notably, researchers have found no entrepreneurial personality type >>

How Hotels Can Embrace the Technological Age
Every hotelier now knows (or should!) that technology supports all manner of operations, but outside of the Information Technology (IT) department, it might not be readily understood just how central various systems and hardware have become >>

In case you've missed it: Global eNewsletter of October 18, 2023
Wyndham board rejects unsolicited proposal from Choice, New net positive simulation launched and more >>