Global eNewsletter of June 18, 2024
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Tuesday, 18th June 2024

Hilton announces two Icelandic hotels, China recovers its position as top spender and more...

Hilton announces two Icelandic hotels
Tuesday, 18th June 2024

Hilton announced a franchise agreement with Bohemian Hotels to open Akureyri 'Skáld' Hotel, Curio Collection by Hilton, in the northern Icelandic countryside, as well as a stunning new property in Iceland´s capital city, Reykjavik. The properties will further bolster Hilton´s existing portfolio of four hotels in Iceland >>

China recovers its position as top spender as Asia and the Pacific reopens to tourism
18 Jun 2024 : China has recovered its position as top spender on international tourism in 2023 as Asia and the Pacific consolidates its recovery from the impacts of the pandemic >>

Global RevPAR increased on solid ADR gains
18 Jun 2024 : STR Weekly Insights: 2-8 June 2024: Top 25 Market weekdays boosted an otherwise lackluster week in the US, group demand up but still below pre-pandemic comparable and global RevPAR increased on solid ADR gains with Germany taking top honors >>

IATA: All regions to see higher profits in 2024
18 Jun 2024 : All regions became profitable in 2023, generating a net profit totaling USD 27+ billion and in 2024, profits look set to rise to USD 30+ billion for the industry >>


Key Trends to Heed in 'Next Generation' of Travel in APAC
Tuesday, 18th June 2024

As we enter the next generation of travel in Asia Pacific, here are the key trends to watch – from the revolution in B2B, to transformation of the human-machine interface and changing demographics with all the inherent changes in customer behaviour to come >>

Case Study: Developing a Tibetan Lodge
This case study summarizes the development of a luxury lodge in Tibet, which was built using a mix of in situ and prefabricated modular construction methods >>

In case you've missed it: Global eNewsletter of June 17, 2024
LVMH and Accor join forces to take Orient Express to new horizons, Capella unveils second property in the Middle East and more >>

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