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Latest Industry News
Schengen-like visa for Southeast Asia will boost foreign arrivals
Monday, 24th June 2024
The Schengen-style joint visa initiative for six Southeast Asian countries, proposed by Thailand, will be a great opportunity to attract international visitors and increase its competitiveness, insiders said...
UN Tourism welcomes 39 new affiliate members
Sunday, 23rd June 2024
UN Tourism announces the addition of 39 new entities from the private sector to its growing network of Affiliate Members...
Marriott plans to strengthen footprint in France
Friday, 21st June 2024
Marriott announced its plans to expand its portfolio in France with the expected addition of 10 properties with over 1,000 rooms by the end of 2025...
Holiday Inn returns to Kyoto
Friday, 21st June 2024
Holiday Inn Kyoto Gojo will be the eleventh hotel under the Holiday Inn brand family in Japan, the project is IHG’s second agreement with AXA IM Alts...
Airbnb bookings in the Paris region during the Olympic Games up 400%
Thursday, 20th June 2024
Smaller towns and neighborhoods outside central Paris like Saint Denis, Chateauroux, and Lille have also seen a significant rise in interest thanks to the decision to host Paris 2024 throughout France...
St Regis marks its debut in Oman
Thursday, 20th June 2024
Blending local heritage, avant-garde design and the timeless glamour of the St Regis brand, the resort, developed by Alfardan Group, introduces the signature hallmarks born at New York's finest address of Fifth Avenue and 55th Street, to the region's luminaries...
Qantas and Perth Airport have reached an historic commercial agreement
Thursday, 20th June 2024
The commercial agreement will unlock a multi-billion-dollar wave of investment and deliver new international and domestic flights, giving a major boost to Australia’s tourism industry...
UN Tourism welcomed to German Bundestag and strengthens bilateral relations
Thursday, 20th June 2024
UN Tourism and the German Federal Government have agreed to strengthen bilateral cooperation, with a focus on gender equality, sustainability and greater safeguarding of tourists...
Europe hotel transaction news - June 19, 2024
Wednesday, 19th June 2024
Hotel news and transactions from around the European region: Bet Capital Group acquires Spanish Izan Hoteles group, Courbet acquires Christ-roi hotel in Lourdes, France and more...
Cathay and Singapore Airlines sign MoU to collaborate on sustainability initiatives
Wednesday, 19th June 2024
These collective efforts are aimed at advocating for the development and use of sustainable aviation fuel (SAF) in the Asia-Pacific region, a critical decarbonisation lever for the sector, and sharing best practices to boost sustainability performance...
IHG and NOVUM Hospitality open first Holiday Inn – the niu hotel in Germany
Wednesday, 19th June 2024
IHG opens the first Holiday Inn – the niu property in Germany, Holiday Inn - the niu Cure, Erlangen, marking the debut of the collaboration between Holiday Inn and the niu...
Shaping the Future of Travel: ITB India 2024 to reveal key trends
Wednesday, 19th June 2024
ITB India 2024 will gather travel industry professionals from 11 – 13 September 2024, at Jio World Convention Centre in Mumbai, India...
China recovers its position as top spender as Asia and the Pacific reopens to tourism
Tuesday, 18th June 2024
China has recovered its position as top spender on international tourism in 2023 as Asia and the Pacific consolidates its recovery from the impacts of the pandemic...
IATA: All regions to see higher profits in 2024
Tuesday, 18th June 2024
All regions became profitable in 2023, generating a net profit totaling USD 27+ billion and in 2024, profits look set to rise to USD 30+ billion for the industry...
Hilton announces two Icelandic hotels
Tuesday, 18th June 2024
Hilton announced a franchise agreement with Bohemian Hotels to open Akureyri 'Skáld' Hotel, Curio Collection by Hilton, in the northern Icelandic countryside, as well as a stunning new property in Iceland´s capital city, Reykjavik...
Global RevPAR increased on solid ADR gains
Tuesday, 18th June 2024
STR Weekly Insights: 2-8 June 2024: Top 25 Market weekdays boosted an otherwise lackluster week in the US, group demand up but still below pre-pandemic comparable and global RevPAR increased on solid ADR gains with Germany taking top honors...
Capella announces its first coastal destination in Saudi Arabia, set within NEOM
Monday, 17th June 2024
Located at Elanan, one of Magna’s destinations on the Gulf of Aqaba coast, this coastal sanctuary offers rest and relaxation, infused with innovative design...
LVMH and Accor join forces to take Orient Express to new horizons
Monday, 17th June 2024
Accor and LVMH have entered into a strategic partnership to accelerate the development of Orient Express, a legendary House synonymous for more than a century with the most exclusive travel experiences...
Tokyo room rates reached a new peak in May
Sunday, 16th June 2024
Tokyo’s hotel industry reported record-high average daily rate (ADR) and revenue per available room (RevPAR) in May...
Marriott's The Luxury Collection debuts in Germany
Saturday, 15th June 2024
Embracing the city's rich heritage and vibrant culture, Koenigshof, a Luxury Collection Hotel, Munich offers an unparalleled blend of luxury hospitality and local authenticity...
GBTA APAC conference 2024 brings together industry leaders and trailblazers
Friday, 14th June 2024
More than 800 industry professionals gathered to network, advocate teach and learn what’s fueling next-gen trends, spending and priorities amidst a dynamic regional market...
Madonna's concert and Berlin city events drove occupancies in May
Friday, 14th June 2024
Madonna’s final concert of her Celebration Tour pushed Rio de Janeiro’s hotel performance and helped by a number of events, Berlin hotels saw improved performance in May...
IHG strengthens presence in key leisure destinations in India
Friday, 14th June 2024
IHG has announced the signing of a management agreement with Siddhya Hotels & Resorts for the development of Holiday Inn Resort Kufri, the new-build resort situated in the Shimla district will open its doors to guests in 2026...
UK Airports extend 100ml liquids rule until 2025
Friday, 14th June 2024
UK airports will extend the measure for maximum liquid amount carried by passengers, for another year...
Trip com’s AI travel assistant now has enhanced itinerary generation
Friday, 14th June 2024
Plan less, travel more: TripGenie unveils new features for effortless travel planning, 3 more languages will be rolled out in June to support market expansion...
Thailand tourism authority seeks deals with 11 airlines
Thursday, 13th June 2024
The Tourism Authority of Thailand (TAT) is seeking partnerships with at least 11 international airlines in an effort to bolster rising and mature markets in the second half this year...
Leonardo Hotels enters into an agreement to acquire The Zien Group
Thursday, 13th June 2024
Leonardo Hotels enters into an agreement to acquire the Zien Group with 12 hotels in the Netherlands from affilates of KSL Capital Partners and Garden Capital Group...
Accor leads development in Egypt’s Ras El Hekma with signing of two Swissôtel properties
Thursday, 13th June 2024
The group is set to introduce the Swissôtel brand to Ras El Hekma with two new addresses: Swissôtel Ras El Hekma and Swissôtel Residences Ras El Hekma...
Bvlgari announces its 12th property in the collection
Thursday, 13th June 2024
Bvlgari Hotels & Resorts has announced plans for Bvlgari Resort Bodrum, to open in 2026...
China unleashed: Outbound travel from China surges by close to 400%
Wednesday, 12th June 2024
The travel industry has been waiting, waiting for Chinese travelers to return to the global tourism stage in a significant way, while there was some recovery in 2023, outbound travel from China remained largely in the role of supporting actor rather than the main character...
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