Singapore based Collective Hospitality acquires Selina Hospitality, IHG surpasses 200 open hotels in Europe and more...

Singapore based Collective Hospitality acquires Selina Hospitality
Wednesday, 25th September 2024

Collective Hospitality Pte Ltd announced the successful acquisition of the majority of the business of Selina Hospitality PLC.

This acquisition represents a significant milestone in Collective's strategic expansion of its lifestyle and experiential travel businesses which significantly enhances Collective's global presence >>

IHG surpasses 200 open hotels across its Northern Europe
25 Sep 2024 : IHG surpasses 200** open hotels in its Northern Europe market, with a number of IHG brands making debuts across four countries >>

Virgin Australia to pioneer modern airline retailing
25 Sep 2024 : Sabre Corporation and Virgin Australia announced a strategic partnership to modernize the airline’s retailing capabilities through the phased implementation of SabreMosaic, the revolutionary AI-driven platform built to transform airline retailing >>

Hyatt announces plans for first Andaz hotel in Australia
25 Sep 2024 : Hyatt announced that Hyatt has entered into agreements with Destination Gold Coast Consortium for an Andaz resort in the Gold Coast, Australia >>

Ascott expands flex-hybrid model in Southeast Asia with a bumper crop of signings and openings
25 Sep 2024 : Secures 28 new signings year-to-date in Southeast Asia, with plans to open 28 properties across the region this year >>

HIGHLIGHT ARTICLE

The Role of Total Revenue Management in a Hotel Profitability Strategy
Wednesday, 25th September 2024

The global hotel industry is firmly positioned in an era of normalized growth levels and that means to achieve greater profits, hotel owners and operators need to explore every possible revenue stream while also working to manage expenses.

The starting point is a strategy built on a total performance picture—one that understands both the top and bottom lines as well as the circular relationship between the two >>

A Resurgence in Tourism and Appetite for Luxury Experiences has Facilitated Stable Growth
Following a record year, the stalled luxury goods market faces a dilemma between catering to top clientele and reaching new audiences amid ongoing complexities >>

In case you've missed it: Global eNews of September 24, 2024
A mile high view of what’s ahead for GBTA and business travel, AC Milan and SIRO renew their partnership and more >>