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Global eNewsletter of January 05, 2024
4Hoteliers.com ~ Click title to read the article
Friday, 5th January 2024
 

Jumeirah Group plans to double its portfolio by 2030, Four Seasons marks return to Shanghai and more...

Jumeirah Group plans to double its portfolio by 2030
Friday, 5th January 2024

Jumeirah Group plans to double the size of its portfolio by 2030, building on its strength in the UAE and further expanding its portfolio into key global markets.

Plans include upweighting its presence in Europe, leveraging its strong base in London, Capri, Mallorca and Geneva to acquire luxury properties in other major cities as well as exploring opportunities in the US >>

Four Seasons marks return to Shanghai, city centre
5 Jan 2024 : Combining Shanghai’s historic charm and urban flair, the new Four Seasons Hotel will offer a distinct luxury hospitality experience with modern design, dynamic culinary concepts and resort-style amenities throughout >>

Hong Kong based Regal Hotels signs MoU with Saudi Investments
5 Jan 2024 : Ministry of Investment of Saudi Arabia, Regal Hotels Group and Cosmopolitan International Group announce MoU for Hotel Development and Management >>

New report reveals significant increase in female employment since 2010
4 Jan 2024 : New research from the WTTC and Sustainable Tourism Global Center (STGC), initiated by the Ministry of Tourism of Saudi Arabia, reveals that the global Travel & Tourism sector is delivering soaring employment opportunities to women and young people around the world >>

ITB Berlin 2024 live news coverage at 4Hoteliers.com
5 Jan 2024 : In March 2024, we will be covering the world’s largest travel show in Berlin daily once again with fresh and 'a la minute' generated, and mostly exclusive, content >>

HIGHLIGHT ARTICLE

Have the Major Hotel Brands Lost Their Main Competitive Advantage over the OTAs?
Friday, 5th January 2024

SKIFT recently reported that the membership in the loyalty programs of the major hotel chains is increasing and now Marriott already boasts 192 million members, Hilton - 173 million, Wyndham-105 million, etc. IHG has over 120 million and Accor - over 90 million members of their loyalty programs.

This is great news for the major hotel chains, but there is another side of the coin: the OTAs are not asleep at the wheel >>

The Top 5 Trends Shaping Consumer Products and Services in 2024
Economists say that 2024 will be a year of decelerated economic growth, so for consumer products and services companies, this means that customers will likely be more guarded with their wallets and more tight-fisted with their cash >>

In case you've missed it: Global eNewsletter of January 04, 2024
Park Hyatt brand debuts into Morocco, Thailand and China to start visa-free scheme and more >>

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