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Global eNewsletter of November 18, 2024 4Hoteliers.com ~ Click title to read the article Monday, 18th November 2024
infinitude hospitality signs its first hotel in Japan's ancient capital, Hard Rock Hotel & Casino Bristol opens and more...
infinitude hospitality signs its first hotel in Japan's ancient capital Monday, 18th November 2024
infinitude hospitality Pte Ltd, a Singapore based third party and white label hotel management operator with a Japanese registered subsidiary, is pleased to announced that it has signed a new hotel in Kyoto, Japan through it newly established joint venture >> Hard Rock Hotel & Casino Bristol celebrates grand opening 18 Nov 2024 : Hard Rock Hotel & Casino Bristol celebrated its highly anticipated grand opening Thursday morning with Hard Rock's iconic guitar smash ceremony >> Hyatt plans for scaled growth of the Hyatt Regency brand on the Balkan Peninsula 17 Nov 2024 : Following the brand’s market entries in Croatia and Albania, the latest project in Romania further strengthens the brand’s momentum in the region with five new Hyatt Regency hotels and resorts expected to open by 2027 >> The Standard opens second 'X' property 16 Nov 2024 : Everyone’s talking about X, The StandardX, Bangkok Phra Arthit is here to stay and play right by the Chao Phraya River >> HIGHLIGHT ARTICLE
What Hoteliers Should Focus on is NOT RevPAR, but PROFITS. Monday, 18th November 2024
Like every other calendar year before it, entering 2025 presents challenges and opportunities for every hotel organization. Our thesis is that 2025 will finally fully recover from the pandemic, where travel volume, RevPAR, and other aggregate statistics will meet or surpass 2019 levels across all key segments.
But therein, the question is: how will demand continue to grow? There are already signs of cyclical stagnation and flatlining occupancy that should worry hoteliers in terms of meeting ownership growth targets >> The Clock is Ticking on Sub-Saharan Africa's Urgent Job Creation Challenge As the rest of the world grapples with aging populations, Africa’s population is booming and by 2030, half of all new entrants into the global labor force will come from sub-Saharan Africa, requiring the creation of up to 15 million new jobs annually >>
In case you've missed it: Global eNews of November 15, 2024 Accor drives Asia expansion with 27 new hotel signings in 2024, Gold Coast’s strategic wealth transfer insight and more >>
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