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Global eNewsletter of January 08, 2025 4Hoteliers.com ~ Click title to read the article
Wednesday, 8th January 2025
For 2024 there is strong sentiment from the global business travel industry that the year outperformed expectations, paving the way for increased budgets, strategic investments and growth initiatives for 2025.
This is according to a new research poll by the GBTA where 86% of global business travel buyers and travel suppliers surveyed said that business travel performed on par or better than they anticipated in 2024.
Additionally, with 67% of professionals stating their general outlook is optimistic for the industry’s future, the results suggest a strong desire for business travel expansion in 2025 >> Accor expands its footprint in Goa with 2 new projects 8 Jan 2025 : Accor's momentum across India continues with new luxury resort signings for Raffles and Fairmont in the tropical paradise of Goa >> IHG introduces Shanghai Snow World Hotel 8 Jan 2025 : A one-of-a-kind hotel within the world’s largest indoor snow centre, adding to the diversity of IHG’s fast-growing collection brand >> Europe hotel transaction news - January 08, 2025 8 Jan 2025 : Hotel news and transactions from around the European region: Spanish investment group acquires Hotel Vincci Bit, Travelodge acquires Barcelona Cornellà Fira hotel and more >> HIGHLIGHT ARTICLE
Why Guest Retention is the #1 Priority for Hoteliers in 2025? Wednesday, 8th January 2025
To begin with, revenge travel is over: STR and Tourism Economics final 2025 forecast reflects a downgrade in growth rates because of concerns over rising costs of living.
It’s simple math: higher cost of living means less disposable income which means less travel. Add to the above the rising costs of new customer acquisition and guest retention clearly emerges as your property’s priority for 2025 >>
Quality in the Luxury Hospitality Industry Today Exclusive Feature: As we enter 2025, hospitality continues to follow the mantra that we live in a world governed by rules, or as we refer to them in the industry, standards >>
In case you've missed it: Global eNewsletter of January 07, 2025 Forbes Travel Guide starts to rate cruise ship restaurants, MGallery, Minor Hotels and more >>
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