The Serviced Apartment sector in Europe 2024, could Amazon become a major player in travel? and more...

The Serviced Apartment sector in Europe 2024
Monday, 22nd July 2024

A new and dynamic era has begun for the serviced apartment industry and our latest Serviced Apartment survey reveals a landscape marked by robust performance, adept cost management, and a positive outlook.

Profitability has not only bounced back to pre-pandemic levels but is also being driven by a surge in leisure demand and a booming interest in serviced apartments. This renewed enthusiasm is drawing significant investor attention >>

Rosewood debuts first fully branded stand-alone residential community
22 Jul 2024 : Rosewood continues to realize accelerated residential growth with the announcement of Rosewood Residences Old Lighthouse in Los Cabos, Mexico >>

Radisson Hotel Group expands its footprint in Türkey
21 Jul 2024 : Radisson Hotel Group is proud to announce the addition of seven hotels, including six signings and one opening, in the Turkish market in the first half of the year >>

Meliá welcomes its latest five-star hotel in Lloret de Mar
20 Jul 2024 : Meliá Lloret de Mar redefines the five-star hotel experience, ushering in a new era in one of the Catalonian coast's most beloved destinations >>

HIGHLIGHT ARTICLE

Could Amazon Become a Major Player in Travel?
Monday, 22nd July 2024

Recent discussions, talked about entry into the travel space by the e-commerce giant and rightfully asks: 'What does the future of travel look like in relation to Amazon? Will the platform become a major player in the industry? And if so, in what form?'

Here is my take: Amazon missed their one and only chance to enter the travel space by not acquiring Orbitz or Travelocity when these OTAs were for up for grabs. Now it is too late - the consolidation In the travel intermediary space has already happened >>

AI's Impact on Hotels
Artificial Intelligence and technology enhancements for hotels promise enhanced customer service, higher margins and expanded research and booking, with improved experiences for guests.

Of equal importance is the likelihood that AI and broader technology improvements will materially shift the relationship between hotel brands, third-party management companies and hotel owners, as well as the relationship between the OTAs, metasearch platforms and the brands, owners and managers >>

In case you've missed it: Global eNewsletter of July 19, 2024
Hyatt in advanced discussion to acquire Standard International, Virgin Limited Edition joins Preferred and more >>