Ready for another great F1 race weekend in Singapore?, The Hoxton arrives in Melbourne and more...

Ready for another great F1 race weekend in Singapore?
Thursday, 19th September 2024

Hotels are all set and in below graphs with STRCoStar Group data one thing stands out: Current race week hotel occupancy on the books is back at high 2019 levels (for reference, it's not back generally during normal weeks in SG). But only until Friday, for the actual showdown Sat-Sun it drops off slightly >>

The Hoxton from Ennismore arrives in Melbourne
19 Sep 2024 : The Hoxton is set to open in Melbourne’s creative Cremorne neighbourhood in 2027 - marking the brand’s first hotel in the region >>

Accor Live Limitless and KrisFlyer enhance partnership
19 Sep 2024 : ALL, Accor’s loyalty programme, and KrisFlyer, the rewards programme of the Singapore Airlines (SIA) Group, have elevated their partnership to new heights, delivering more rewards to members with every flight and stay >>

Europe hotel transaction news - September 18, 2024
18 Sep 2024 : Hotel news and transactions from around the European region: Barletta Group acquires Hotel Villa Diodoro in Taormina, Italy, Paval Holding acquires the Waldhaus Flims Resort and more >>

HIGHLIGHT ARTICLE

Hotel Management Agreements in Asia Pacific Now Average 17 Years
Thursday, 19th September 2024

Hotel management agreements (HMAs) are increasing in duration and while management fees have decreased in the past five years, sales and marketing fees have increased across Asia Pacific.

The major findings of the Hotel Management Contract Survey 2024, commissioned and published jointly by JLL and Baker McKenzie, show that the initial term of HMAs increased by four years on average since 2005 to reach 17.4 years in 2024.

However regional operators generally have a shorter term and an appetite for more flexibility >>

Is It the End of Search Advertising as We Know It?
Recently the question was raised to experts whether the integration of generative AI in search on Google, Bing, etc and the emergence of 'pure' gen AI search engines will put an end to the CPC (cost per click) search marketing >>

In case you've missed it: Global eNews of September 17, 2024
Q3 2024 meetings & events survey results, Hilton enhances global luxury travel advisor program and more >>