Significant surge in travel & tourism businesses’ commitment to Net Zero, Oasis tour driving hotel bookings and more...

Significant surge in travel & tourism businesses’ commitment to Net Zero
Monday, 25th November 2024

The WTTC launched the second edition of its groundbreaking Net Zero Roadmap for Travel & Tourism, revealing the number of global Travel & Tourism businesses setting climate targets has surged by 27% in the past three years, with more than half now actively committed to emissions reduction.

Launched at COP29 in Baku, Azerbaijan, the report reveals, 53% of the 250 leading Travel & Tourism businesses analysed have now set climate targets, a significant increase from 42% in 2021, when the first Net Zero Roadmap was created >>

G20 should target reforms to boost medium-term growth
25 Nov 2024 : For most Group of Twenty economies, growth is poised to weaken over the next five years and remain well below what was typical in the two decades before the pandemic >>

Oasis tour driving hotel bookings across European markets
25 Nov 2024 : Eight months before the start of Oasis’ sold-out tour, host markets in Europe are already seeing a significant impact on occupancy on the books >>

Europe hotel transaction news - November 24, 2024
24 Nov 2024 : Hotel news and transactions from around the European region: KKR and Baupost acquire 33 Marriott hotels in the UK, Lopesan and Stoneweg acquire Hotel Miguel Angel in Madrid and more >>

HIGHLIGHT ARTICLE

The Election Is in the Rearview Mirror. So What’s Around the Bend?
Monday, 25th November 2024

The results of the US presidential election are finally behind us and some people are feeling chuffed, others absolutely crushed. But pretty much everyone here (and probably to some degree, around the world) feels exhausted and ready to think about something else.

That aligns with the way the luxury leisure travel business seems to have been feeling: rather on edge these past few months with softer booking pace but ready to shake off the distractions and return to something like normal booking patterns >>

Hotels with Ancillary Revenue Streams Need a CDP Purpose-Built for Hospitality
What’s the keystone system that a hotel should build its tech ecosystem around? Up until now, the answer to this question was always the property management system (PMS) >>

In case you've missed it: Global eNews of November 22, 2024
Hilton signs strategic licensing agreement to debut Spark by Hilton to APAC, Hyatt Regency set to grow by 70% in The Balkans and more >>