CitizenM owners exploring a 'potential sale', Rotana opens another hotel in KSA and more...

CitizenM owners exploring a 'potential sale'
Tuesday, 2nd April 2024

The owners of the Netherlands-based hotel chain CitizenM are reportedly exploring a sale of the business >>

The Hoxton shakes up Vienna with new opening
2 Apr 2024 : Primed to show guests from near and far a less classical side of what is often considered a traditional European city, The Hoxton feels playful and elegant, with lashings of mid-century Austrian design flair, paired with The Hoxton’s signature warm and layered design aesthetic >>

Rotana opens another hotel in KSA
2 Apr 2024 : The opening is in line with Rotana’s ambitious goal of launching eight properties in the Kingdom over the next four years, bringing the total key count to 4,400 across 16 properties >>

UN Tourism and UN Habitat partner for a better urban future through tourism
2 Apr 2024 : UN Tourism and Spain’s Office of the United Nations Human Settlements Programme (UN-Habitat) partnered to discuss the role and challenges of tourism in cities and territories >>

HIGHLIGHT ARTICLE

Six Pitfalls for Full-Service Hotel Development (2/4)
Tuesday, 2nd April 2024

Market pricing vs supply cycles/barriers to entry: Above we briefly touched on the strong occupancy performance of Bali, Phuket, and the Maldives. The story occupancy does not tell is price: these three destinations have successfully adjusted off-season pricing to cater to less discerning travelers and source markets helping to drive occupancy levels. While the inventory may be subject to greater wear and tear, owners seem amenable to this trade-off >>

What Fee Do You Pay Recruitment Firms?
Your third-party recruitment agency and executive search firm calculate their service fee as a percentage of the successful candidate’s first year’s annual income >>

In case you've missed it: Global eNewsletter of April 01, 2024
IHG signs agreement to open voco Hiroshima in 2027, flying cars in Dubai and more >>