25hours Hotels celebrates its 20th anniversary, Asia Pacific leads the travel retail market and more...

25hours Hotels celebrates its 20th anniversary
Monday, 6th November 2023

Since its first opening in Hamburg in 2003, 15 hotels have gradually been opened throughout Europe and in Dubai. And with each new opening always the brand has always stayed true to its original vision, 'You know one, you know none' >>

Asia Pacific leads the travel retail market due to thriving tourism and growing number of airports
6 Nov 2023 : The global travel retail market is poised for significant growth, with a projected value of US$76 billion by 2023, representing a robust compound annual growth rate (CAGR) of 17.37% during the forecast period from 2022 to 2027 >>

IHG adds 350-keys to its Punjab portfolio with dual signing
6 Nov 2023 : The signing will see the debut of Crowne Plaza in Punjab and the expansion of Holiday Inn brand in Zirakpur >>

Katathani Collection grows resort revenue by 15 percent with IDeaS G3 RMS
5 Nov 2023 : Real-time analysis and precise room-type pricing elevate Thai-based resort’s revenue management approach >>

HIGHLIGHT ARTICLE

Why the Airlines Are Doing a Better Job at Direct Sales Than Hospitality?
Monday, 6th November 2023

In a recent interview with SKIFT, American Airlines CEO defended the airline’s direct selling efforts in face of travel agent complaints.

Travel agents have been complaining against airlines’ direct booking efforts since 1994-96 when the airlines introduced their own brand websites with booking engines. You know what? There were 35,000 brick-and-mortar travel agencies in the U.S. back in 1995 vs less than 7,000 today >>

The Retirement Myth
Consider the following scenario: You have worked your entire life, now, you’ve reached the age of retirement and let’s say, you have $400k saved for retirement; Will you up your spending? Or will you collapse it to make the money last as long as possible? >>

In case you've missed it: Global eNews of November 03, 2023
Meliá introduces its ME by Meliá Hotel in Asia Pacific, the evolution of journalism in the digital era and more >>