The MICHELIN Guide is coming to Qatar, MO opens second hotel in London and more...

The MICHELIN Guide is coming to Qatar
Wednesday, 5th June 2024

The MICHELIN Guide announced that it is expanding its renowned culinary reviews to Doha, Qatar. The prestigious Guide revealed that its independent, anonymous inspectors have been thoroughly exploring Doha in preparation for selecting the city's most outstanding dining venues.

The selection will showcase the best of Doha’s dining scene and spotlight its talented chefs and teams, embracing their passion, creativity, and respect for local culinary traditions >>

MO opens second hotel in London
5 Jun 2024 : Mandarin Oriental is delighted to introduce the group’s second property in London with the opening of Mandarin Oriental Mayfair on historic Hanover Square, where fashion, art, business and culture intersect >>

Minor's Avani brand debuts in the Netherlands
5 Jun 2024 : Avani Hotels & Resorts continues its European expansion with the launch of Avani Museum Quarter Amsterdam >>

Airline profitability outlook improves for 2024
5 Jun 2024 : The International Air Transport Association announced strengthened profitability projections for airlines in 2024 compared with its June and December 2023 forecasts >>

HIGHLIGHT ARTICLE

How to Complete a Hotel Revenue Displacement Analysis
Wednesday, 5th June 2024

If you’re a hotel that caters to group bookings, including meetings and events, you’ll often have to weigh up the value of taking a group booked at a lower, negotiated ADR against seeing what appears on the books from other segments, including transient. This balancing act is known as displacement analysis.

Sounds simple, right? However, displacement analysis can be one of the most complicated elements of revenue strategy your team has to undertake >>

A Closer Look at Hotel Interest Rates: Past and Future
Over the past couple of months, it has become increasingly clear that interest rates for hotel financing, and just about everything else, may stay higher for longer >>

In case you've missed it: Global eNewsletter of June 04, 2024
Maldives bans entry of Israeli passport holders, Trip,com Group is back and more >>