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Global eNewsletter of May 31, 2024
4Hoteliers.com ~ Click title to read the article
Friday, 31st May 2024
 

Spanish hotel market overview, Accor opens its 700th hotel in Greater China and more...

Spanish hotel market overview
Friday, 31st May 2024

Spain's tourism sector in 2023 exceeded all initial expectations and surpassed the high levels achieved in the 2019 season before the pandemic, both in nominal expenditure and real terms.

This achievement is particularly remarkable considering the context of high inflation, with tourism prices nearly 18% higher than in 2019.

The positive trend is projected to continue through 2024, with the tourism industry expected to outpace the overall economy’s growth >>

The World Sustainable Hospitality Alliance and STR enter strategic partnership
31 May 2024 : The World Sustainable Hospitality Alliance is pleased to announce a new strategic partnership between the Alliance and STR that will drive the hospitality industry towards Net Positive through a wide range of collaborations >>

Tourism recovery in Asia Pacific - May 2024
31 May 2024 : Vietnam remains the leader of tourism recovery in March, showing an 13+% increase of travelers from the same month in 2019 >>

Accor opens its 700th hotel in Greater China
31 May 2024 : Accor Greater China is proud to unveil its 700th hotel, with the opening of Sofitel Shanghai North Bund – a spectacular 25-story landmark and the newest flagship of the prestigious Sofitel Hotels & Resorts brand >>

HIGHLIGHT ARTICLE

Hotel Financials: Key Changes in USALI 12th Edition
Friday, 31st May 2024

The 12th revised edition of the Uniform System of Accounts for the Lodging Industry (USALI) fundamentally enhances the transparency of financial and operational aspects in the hospitality industry.

These are thoughtful changes, designed to align with the shifting demands of the hospitality industry - these changes support the enhancement of customer experiences, the advancement of corporate sustainability programs, and the integration of digital marketing strategies, ensuring that each decision is backed by clear, actionable data >>

Tips for Conquering the Whiplash of Change
The dust had finally settled on the company’s latest Return to Office policy, although it took a lot of cajoling, after a six-month grace period, most employees were back in the office the mandated three days a week >>

In case you've missed it: Global eNewsletter of May 30, 2024
Can airlines better forecast severe turbulence to help avoid it?, Traveloka's secret sauce and more >>

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