Hyatt spotlights ambitious growth strategy in luxury and lifestyle segments, STR/Tourism Economics market forecast and more...

Hyatt spotlights ambitious growth strategy in luxury and lifestyle segments
Monday, 9th December 2024

Hyatt showcased during ILTM Cannes an impressive pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026, with more focused brand portfolios to unlock the full potential of each brand >>

STR/Tourism Economics market forecast assumptions
9 Dec 2024 : An extended version of our Market Forecast Assumptions analysis, including a focus on major global markets.

Global inbound arrivals are projected to recover this year, surpassing 2019 levels by 0.1%, marking a year-on-year increase of 12.4% compared to 2023. This positive trend persists despite weaker-than-expected tourism data during the summer months and a slower-than-anticipated rebound in China’s long-haul outbound travel >>

Frasers celebrates Milestone ESG Achievements
8 Dec 2024 : First group in Australia to be publicly certified with a 1-star Green Star Performance Hospitality Portfolio rating >>

Capella Hotel Group announces expansion plans for 2025
6 Dec 2024 : Capella Hotel Group has unveiled its strategic expansion plans for 2025, anchored by partnerships with celebrated architects and designers who share the group’s vision of bridging heritage with contemporary luxury >>

HIGHLIGHT ARTICLE

Creating Value for Guests: Innovative Ideas Enhance Guest Experiences
Monday, 9th December 2024

Amidst this abundance of choices, guests seek more than just a place to rest; they desire experiences that cater to their needs and create lasting memories.

For hotels aiming to stand out in this competitive landscape, the challenge lies in enhancing the guest experience in ways that meet and exceed expectations >>

Historical Rate Card Reveals Luxury Rate Explosion
Something that many of us have felt and others have put into numbers is the megatrend of luxury hotel rates growing at an outsized pace relative to in-market comparisons from other budget, midscale and even upmarket hotels >>

In case you've missed it: Global eNews of December 06, 2024
Preferred announces 2025 openings, hospitality can reduce food-related emissions by 30% and more >>