Major markets driving US hotel profitability gains, TUI unveils new brand amidst expansion plans and more...

Major markets driving US hotel profitability gains
Tuesday, 12th December 2023

Improvement in group demand across the Top 25 Markets drove US hotel revenue and profit growth. The Top 25 Markets have showed an 11% jump in GOPPAR year to date despite a 14% lift in labor costs >>

Hotel destinations North Asia & Greater China
12 Dec 2023 : The North Asia and Greater China subregion was the last part of Asia Pacific to lift its travel and border restrictions, with Mainland China reopening to tourism in January 2023 >>

TUI unveils new brand amidst expansion plans
12 Dec 2023 : TUI Group has launched a new upper market brand, choosing its recently-acquired five star hotel in Zanzibar for the line’s first appearance >>

Kerzner announces new One&Only Resort in Antigua
11 Dec 2023 : Kerzner is delighted to announce the signing of a new One&Only resort and community of Private Homes to be developed in Antigua >>

HIGHLIGHT ARTICLE

Do Global Distribution Systems Have a Future?
Tuesday, 12th December 2023

Travel has rebounded in a big way, and we’ve whetted consumer appetites for continuing to explore the world, whether it’s to have unique experiences, spend time with loved ones, or see Taylor Swift. For many of us, an increase in revenues has provided the opportunity to reinvest in our businesses and make them more resilient for the future.

That said, beneath the surface is an infrastructure that seems to be at risk of splintering. I’m talking about Global Distribution Systems >>

Dynamic Pricing in Restaurants: Feast or Famine?
At a time when many restaurants are grappling with tight margins squeezed by inflationary pressures, dynamic pricing offers a lifeline that could breathe life into the commercial viability of a restaurant business >>

In case you've missed it: Global eNews of December 11, 2023
Hong Kong’s prospects as a luxury hub, AI aces creative intelligence (cq) tests and more... >>