Women hold 58% of IHG’s senior management positions in Malaysia, why rate parity still has to be 'the law of the land' and more...

Women hold 58% of IHG’s senior management positions in Malaysia
Tuesday, 14th November 2023

IHG Hotels & Resorts is delivering on its commitment to support female colleagues in Malaysia, where 58% of its senior management* roles are now held by women which surpasses the country average of 40%.

Providing career pathways and development plans suited to individual needs are among the key elements of IHG’s approach, as it continues to attract and develop a diverse range of talent in the country >>

MICHELIN Guide 2024 – İstanbul, İzmir, Bodrum
14 Nov 2023 : 2 restaurants in Bodrum and 3 restaurants in İzmir are awarded One MICHELIN Star; 2 new establishments are also honored in İstanbul >>

EDITION opens its first Southeast Asia hotel in Singapore
13 Nov 2023 : 'The arrival of The Singapore EDITION raises the bar several notches higher by adding an unforgettable mix of distinct experiences and original concepts with a lifestyle and luxury quotient the city has never seen' >>

Europe hotel transaction news - November 13, 2023
13 Nov 2023 : Hotel news and transactions from around the European region: GIC to acquire 35% stake in HIP from Blackstone, Corum acquires Ibis Styles Rotterdam from Foruminvest and more >>

HIGHLIGHT ARTICLE

Why Rate Parity Still Has To Be 'The Law Of The Land' In Hospitality?
Tuesday, 14th November 2023

Some hoteliers argue that without rate parity the industry would be better off because hoteliers would be able to sell at whatever rates they want, unencumbered by the OTA rate parity restrictions. No rate parity, in theory, gives the right to publish lowers rates on the hotel website.

In other words, the abolishment of rate parity would be a good thing for the industry. Unfortunately I found these arguments rather naive especially coming from hoteliers who consistently underinvest in the direct online channel, in their digital marketing and technology >>

How Web3 and the Metaverse Support Hotel Wellness
With the grand unveiling of the Apple Vision Pro, as well as the previous PSVR2 and Meta Quest 3 news, it’s time once again to look at what’s possible (and what’s practical) for the next-generation internet >>

2024 Food & Beverage Report
Angry consumers confront 'checkflation', how a $25 chicken gets to cost $36, new crunchy stuff for your sandwich and watch your guasacaca >>