Accor drives Asia expansion with 27 new hotel signings in 2024, Gold Coast’s strategic wealth transfer insight and more...

Accor drives Asia expansion with 27 new hotel signings in 2024
Friday, 15th November 2024

Accor is accelerating the Group’s growth in Asia securing 27 hotel signings and 8,117 keys year-to-date, the expansion encompasses twelve brands throughout eight countries, from India to South Korea and Japan.

Leading the way are the Group’s renowned midscale and economy brands such as Novotel and ibis, which continue to be strengthened as they evolve and adapt to the needs of modern travelers >>

Europe hotel transaction news - November 15, 2024
15 Nov 2024 : Hotel news and transactions from around the European region: Emaar acquires Grand Hotel Imperiale Forte Dei Marmi in Italy, BLG sells stake in the Peninsula and Galataport Istanbul and more >>

Frasers opens its first hotel residence in Northern Vietnam
15 Nov 2024 : Situated in the heart of Vinh Phuc, Modena by Fraser Vinh Yen is the first international hotel residence brand in the provincial capital of Northern Vietnam >>

Gold Coast’s real estate surge and strategic wealth transfer insight
14 Nov 2024 : Despite significant price increases over the past two years, the market still presents promising avenues for investment and growth >>

HIGHLIGHT ARTICLE

The Untold Truth: Why Fewer Choose Hospitality and How We Can Change That
Friday, 15th November 2024

In recent years, the hospitality industry has faced a quietly growing challenge, it's no secret - the field is struggling to attract young talent full of genuine passion.

With long hours, demanding work environments, and sometimes lackluster financial rewards, it's understandable why the profession seems less appealing compared to other industries offering more balanced lifestyles and rapid career advancement. So, how do we begin to change this perception and bring fresh enthusiasm back to hospitality? >>

Loyalty Program Membership, Contribution, Liability, and Costs Continue to Grow
Strong loyalty programs help hotel brands lower customer acquisition costs, increase direct-to-consumer access, and offset occupancy shortfalls during shoulder periods and weaker economic conditions >>

In case you've missed it: Global eNews of November 14, 2024
Preferred announces 24 new member hotels, Perth Airport gets its first hotel and more >>