ASEAN nations discussing a Schengen-style single visa, Sabre enters into definitive agreement to sell its hospitality solutions business and more...

ASEAN nations discussing a Schengen-style single visa
Wednesday, 30th April 2025

Thailand has extended an invitation to Singapore to join the 'Six Countries, One Destination' initiative, a campaign designed to boost tourism across six ASEAN nations. Prior to this, Thailand had already engaged in discussions with Cambodia, Malaysia, and Vietnam. The program is expected to launch by the end of 2025 >>

Sabre to sell its Hospitality Solutions business unit
30 Apr 2025 : Sabre Corporation and TPG announced the signing of a definitive agreement under which TPG has agreed to acquire Sabre's Hospitality Solutions business for $1.1 billion in cash. TPG will invest in Hospitality Solutions through TPG Capital, the firm's U.S. and European private equity platform >>

Hyatt opens first Hyatt Studios Hotel in Mobile, Alabama
30 Apr 2025 : Hyatt’s upper-midscale extended stay brand debut offers a sleek, apartment-style experience; 40 more hotels expected by 2027 >>

Europe hotel transaction news
30 Apr 2025 : Hotel news and transactions from around the European region: TPG Angelo Gordon and EQ sell Hôtel des Grands Voyageurs in Paris, Starhotels acquires Hermitage Hotel and more >>

Asia can boost resilience amid surging trade tensions
30 Apr 2025 : As the global economic system is being reset, US tariffs are the highest in a century with some of the steepest aimed at Asia and as a leader in global trade, Asia accounted for nearly 60 percent of global growth in 2024 >>

HIGHLIGHT ARTICLE

What’s Next in Luxury Travel?
Wednesday, 30th April 2025

Over the past decade, the luxury travel landscape has been redefined by two key ideals: immersion and authenticity. These values shifted our industry’s focus from opulence for opulence’s sake to meaningful, experience-driven travel.

We saw a new kind of luxury emerge one where travellers wanted to 'live like a local,' engage with culture, and experience destinations with empathy >>

The Short-Term Rental Market: European Countries
In a rapidly evolving tourism landscape, the interplay between unprecedented post-pandemic growth and the strains on local communities has never been more evident >>

In case you missed it: Global eNewsletter of April 29, 2025
Data delivers over-tourism strategies, Ascott is accelerating the global growth and more >>