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Global eNewsletter of March 20, 2024
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Wednesday, 20th March 2024
 

Confidence that Asia will play pivotal role in tourism growth, Rosewood Hotel Group accelerates growth and more...

Confidence that Asia will play pivotal role in tourism growth
Wednesday, 20th March 2024

PATA released a more comprehensive Asia Pacific Visitor Forecasts 2024-2026 report, taking a deeper dive into growth projections, focusing on the source market-destination pairs from 2024 to 2026 for each of the three Asia Pacific destination sub-regions.

Out of 39 destinations covered in the report, 34 are predicted to recover to pre-pandemic levels, with Japan and the Maldives topping the fastest-recovering destinations chart >>

Rosewood Hotel Group accelerates growth and evolution across its four distinctive brands
20 Mar 2024 : The Group’s ultra-luxury Rosewood Hotels & Resorts a brand heralding impressive global expansion, signing a highly significant number of new deals and cementing its status as a leader in the industry >>

Cheval Collection adds second Dubai site
20 Mar 2024 : Cheval has signed a management agreement to add a second property in Dubai under its Cheval Maison flag, with the repurposing of The Leadership Pavilion, one of the showpiece properties in Expo City Dubai >>

Bali Hotel & Branded Residences market review
20 Mar 2024 : In 2023, Bali's hotel market experienced a remarkable rebound, surpassing peak performances recorded in 2019; this first full year of negligible COVID-19 restrictions triggered a surge in demand, driven by pent-up interest accumulated throughout the pandemic >>

Expedia welcomes new partners to its travel ecosystem
20 Mar 2024 : Responding to growing travel demand, Expedia Group unveils new partnerships fuelling further personalized travel experiences, with supply and tech >>

HIGHLIGHT ARTICLE

Six Pitfalls for Full-Service Hotel Development (1/4)
Wednesday, 20th March 2024

Hotel development is a complex undertaking. It requires little of the skills to operate and monetize the asset and owners and architects are often ill-equipped to measure up the requirements for running a successful hotel a few years down the road.

While certain industry trends exist, fundamentals still need to be observed. Words of caution for those attached to specific brands or roles a hotel is meant to fulfill – in today’s world of hyper-efficiencies it is becoming more difficult to provide everything for everyone >>

Loyal Guests Are A Force Multiplier
In our industry, we place a lot of focus on attracting new guests and so much so that it can defocus us from fostering loyalty among past guests >>

In case you've missed it: Global eNewsletter of March 19, 2024
Dubai hotel performance jumped during eventful February, global outlook for Air Transport and more >>

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