Choice ditches Wyndham hostile takeover bid, Asia's path forward in 2024 and more...

Choice ditches Wyndham hostile takeover bid
Tuesday, 12th March 2024

On Monday, the hotel company behind brands like Comfort Inn and the Radisson Americas portfolio finally walked away from its $8 billion attempt at a hostile takeover of Wyndham Hotels & Resorts.

The deal seemed like a long shot for some time, and not just because Wyndham's leadership team balked at the idea of selling to Choice, a majority of Wyndham franchisees polled said the takeover would hurt their business >>

Hotel market report: Asia's path forward in 2024
12 Mar 2024 : End of 2023 I was talking to a regional commercial head of Asia for one of the world’s largest hotel chains and the view forward into 2024 is one of concern, to say the least >>

Women are a driving force for travel & tourism
12 Mar 2024 : According to WTTC data, women in tourism comprise a significant portion of the sector's workforce, accounting for nearly 40% of the total employment >>

Radisson Hotel Group accelerates growth in India
12 Mar 2024 : Expanding its presence as one of the largest international hotel groups in the country, Radisson Hotel Group has accelerated its growth in India by signing 21 hotels in 2023, under its strong portfolio of nine leading brands >>

HIGHLIGHT ARTICLE

The Future is Already Here: GenAI is Now An Integral Part of Tourism
Tuesday, 12th March 2024

Glenn Fogel, CEO of Booking Holdings, outlined his vision for the use of artificial intelligence in tourism under the heading of 'Leadership, Innovation and the Future of Travel'.

'Back in the day my parents would go to a travel agency, where their interests were already known, and where they could be presented with suitable offers. If any problems occurred during the journey the travel agency was their point of contact.' And that is precisely what GenAI (generative artificial intelligence) can provide, but even more comprehensively because of the increased volume of data that is available >>

Can You Lay Off Remote Workers First?
Here’s the scenario: You were just told that your company needs to reduce its workforce by 10%, and it’s your job to put together an action plan for this grim assignment, but there’s a catch >>

In case you've missed it: Global eNewsletter of March 11, 2024
Marriott to debut Autograph Collection in Hong Kong, Ennismore to open first standalone residence in Spain and more >>