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Global eNewsletter of June 10, 2024
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Monday, 10th June 2024
 

Global hotel CEOs optimistic about 2024: despite a slow start, resurgence of Samui tourism and more...

Global hotel CEOs optimistic about 2024: despite a slow start
Monday, 10th June 2024

The first quarter of 2024 was worse than most hoteliers predicted, but chief executives from some of the world's largest hotel brands projected a great deal of confidence in the industry's outlook.

During the CEOs panel on the first day of the NYU International Hospitality Industry Investment Conference, the heads of major hotel brand companies shared their perspectives on why hotels will weather short-term challenges >>

Resurgence of Samui tourism fueled by domestic travelers, with 69% Y-O-Y growth
10 Jun 2024 : Muted Chinese traveler demand pushes hotels to diversify source markets and adapt to a changing landscape Samui’s tourism legacy was previously influenced by its limited gateway and reliance on Bangkok Airways, leading to higher travel costs compared to regional counterparts >>

Europe hotel transaction news - June 10, 2024
10 Jun 2024 : Hotel news and transactions from around the European region: Travelodge acquires six Spanish hotels from Louvre, The July acquires former Holiday Inn Amsterdam South and more >>

HSMAI launches Certified Hotel Sales Leader certification
9 Jun 2024 : The Hospitality Sales and Marketing Association International Global is proud to announce the launch of its Certified Hotel Sales Leader (CHSL) certification >>

HIGHLIGHT ARTICLE

What Could Hotels with Smaller Marketing Budgets Do To Have the Biggest Impact?
Monday, 10th June 2024

Recently a Digital Marketing Panel of Experts were asked the question:

'For hotels with a smaller budget, what specific marketing strategies could you suggest that would have the biggest impact?' ie, move the needle the furthest, but with the least amount of investment? >>

Scars of Conflict Are Deeper and Longer Lasting in Middle East and Central Asia
Economies across the Middle East and Central Asia are more affected by conflicts—even a decade after a severe conflict, their income per capita remains about 10 percent lower >>

In case you've missed it: Global eNewsletter of June 07, 2024
US business travel industry responsible for almost 2% of US GDP, Rotana's first property in Madinah and more >>

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