Wanda sells off hotel division to Tongcheng Travel, hotel development booms in Africa and more...

Wanda sells off hotel division to Tongcheng Travel
Thursday, 24th April 2025

Recently Tongcheng Travel announced that it has signed an agreement with Wanda Hotel Development to acquire 100% equity in its wholly owned subsidiary, Wanda Hotel Management. The acquisition strategically expands the Chinese OTA’s presence in the high-end hotel segment >>

Travel, tariffs and transformation: Steering through industry shifts
24 Apr 2025 : Recent US government actions ─ such as tariffs, cross-border policies and entry restrictions ─ have surged to the forefront, bringing emerging realities that most industries find themselves now navigating; What might be the impact on global business travel? >>

Hotel development booms in Africa, boosted by Egypt and Marriott
24 Apr 2025 : This year’s Hotel Development Pipeline Report, the definitive study of international hospitality development projects in Africa, reveals record activity >>

IDeaS announces Spotlight, delivering a new edge in demand generation for hotel marketing
24 Apr 2025 : New solution fuels marketing effectiveness by tapping into advanced demand forecasting power >>

HIGHLIGHT ARTICLE

Letter from AlUla: In a Land of Stories, The Real Influencers Rise
Thursday, 24th April 2025

On my flydubai flight to AlUla, at the unearthly hour of 6:50am, I felt like my Instagram feed had come to life.

As it turns out, I’d arrived in this ancient desert kingdom in Saudi Arabia at the same time as 50 influencers gathering for the first-ever Instagram-AlUla Summit. This, I discovered later >>

A Critical Juncture amid Policy Shifts
Global growth is expected to decline and downside risks to intensify as major policy shifts unfold >>

In case you've missed it: Global eNewsletter of April 23, 2025
Minor announces the first Avani branded resort in India, from inventory to identity and more >>