ITB 2018 Special Reporting
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Latest Industry News
Rotana Hotels makes hefty donation to local post-oil initiative
Sunday, 18th March 2018
Sandooq Al Watan, the national initiative launched by prominent Emirati businessmen to support research projects for the post-oil era, has received a new donation from Rotana of AED1 million to support its effort to strengthen a diversified and knowledge-based economy...
Is the Regent deal good enough to put IHG in the luxury game?
Sunday, 18th March 2018
Exclusive Views: IHG wants to enter the Uber Luxury market by taking over Regent Hotels and Resorts and announced on last Wednesday that it will buy a 51 percent stake in Regent Hotels and Resorts for US$39 million in cash, a move that would accelerate its expansion in the luxury hotel segment...
IHG unveils new Responsible Business targets
Sunday, 18th March 2018
Ambitious new targets build on strong progress in recent years, which includes reducing our carbon footprint and providing skills to thousands of local people...
The Future of Food - Fourth Edition
Saturday, 17th March 2018
They are the most scrutinised generation of our time and with good reason, while much has been written about millennials, this edition of CatchOn's Future of Food series explores how this much-maligned demographic continues to change the world's culinary scene...
The Regent will return to Hong Kong as part of IHG
Friday, 16th March 2018
As part of the alliance with IHG would be the re-branding of the InterContinental Hotel Hong Kong to Regent Hong Kong, an iconic Regent Hotel that established the brand as new luxury in 1980s, upon the completion of an extensive refurbishment in 2021...
Dusit plans to enter food business with strategic investment
Friday, 16th March 2018
Development is in line with hospitality company’s strategy to diversify its lines of business and generate revenue from adjacent industries...
Can Saudi Arabia become the Middle East’s new entertainment hub?
Friday, 16th March 2018
Saudi Arabia is aiming to ring in a new chapter in its history with a range of developments to position it as a leisure destination for residents and overseas visitors, the kingdom is planning to invest $64 billion in its entertainment indu...
Ctrip's lodging revenue rises 30%, transport revenue climbs 38%
Friday, 16th March 2018
Ctrip announced its unaudited financial results for fourth quarter and full year 2017: Skyscanner's Q4 direct booking revenue nearly doubled year-on-year, and Trip...
Tujia COO: Collaboration with Airbnb being mooted for synergy
Friday, 16th March 2018
In 2017, Airbnb’s Chinese rival Tujia served a total of 90 million users, increased its inventory by 300% and grew booking transactions by 500% and Tujia has seen the possibility to work with Airbnb...
Study Reveals: Travelers who book through OTAs stay longer, spend more during trips
Friday, 16th March 2018
Expedia Inc partnered with Oxford Economics to analyze hotel guest spending during more than 98,000 trips, segmented by guests who booked part or all of their trip using an online travel agency (OTA) and non-OTA guests – and the results are telling...
Delivering way better event experiences
Thursday, 15th March 2018
In recent years, the technologies to support enhanced meeting experiences have exploded; by focusing on the technologies that allow us to deliver better event experiences, we can take meetings to the next level...
Crowne Plaza installs Tesla Destination Chargers across Australasia hotel network
Thursday, 15th March 2018
Crowne Plaza is the first hotel network to install Tesla Destination Chargers at all of their properties across Australasia, connecting 12 properties with cutting-edge technology for a growing customer segment...
First-of-a-kind partnership to propel cruise growth in Southeast Asia
Thursday, 15th March 2018
The Singapore Tourism Board (STB) and Cruise Lines International Association (CLIA), the cruise industry's global trade organisation, announced a new three-year partnership today that is aimed at boosting the increasingly vibrant cruising industry in Singapore and Southeast Asia...
IHG expands luxury footprint, acquires 51% stake in Regent Hotels & Resorts
Wednesday, 14th March 2018
InterContinental Hotels Group announces that it has agreed to acquire a 51% stake in Regent Hotels and Resorts for $39 million in cash, IHG will have the right to acquire the remaining 49% interest in a phased manner from 2026...
In the digital age tourists want authenticity
Wednesday, 14th March 2018
In the digital age destination marketing organizations need to reconsider where they are spending money, said international tourism thought leader, Doug Lansky, at the ITB Convention in Berlin...
January passenger demand growth slows on temporary factors
Wednesday, 14th March 2018
The International Air Transport Association (IATA) announced global passenger traffic results for January 2018 showing traffic (revenue passenger kilometers or RPKs) rose 4...
Low cost and private accommodation changing travel in North Asia
Wednesday, 14th March 2018
Low cost airlines, private accommodation and the dispersal of tourism beyond the main hot spots will take the spotlight at the seventh edition of WIT Japan & North Asia which returns to Tokyo on June 28-29...
Autograph Collection slated to debut in Belize
Wednesday, 14th March 2018
Autograph Collection Hotels, in partnership with owner and developer Andrew Ashcroft, announced the brand is expected to debut in Belize with the 2020 opening of Alaia – a one-of-a-kind boutique resort, set amidst the beautiful and culturally rich southern part of Ambergris Caye island...
News from around the Asia Pacific region, March 14
Wednesday, 14th March 2018
Hotel industry and travel news from around the Asia Pacific region: Singha Estate to acquire six hotels from Outrigger Hotels, Marriott International debuts on Belitung Island, Hotel Culture sells 84-key Porcelain Hotel property and more...
Alipay rolls out in four more Southeast Asian countries for Chinese visitors
Wednesday, 14th March 2018
Alipay has further grown its cross-border business in Southeast Asia, adding four new countries to its network and this takes the total number of countries where Alipay services are available to Chinese visitors and local merchants in this region to eight...
ITB Berlin 2018: Business is booming in the global travel industry
Tuesday, 13th March 2018
With a five per cent increase in business volume at ITB Berlin 2018 compared to last year, and excellent business being forecast for the coming months, the international travel industry is well on course for a record year...
Customers not the cause of growth in sustainable tourism
Tuesday, 13th March 2018
Despite the growing prominence of sustainable travel, customers themselves are not necessarily pushing companies to offer sustainable options...
Recent trends in US restaurant CEO compensation
Tuesday, 13th March 2018
To be a CEO in the restaurant industry is tough work, and short lived for many, pay-for-performance model measures components of CEO compensation...
New UNWTO Agenda for Africa moves ahead in Berlin
Tuesday, 13th March 2018
An African ministerial working meeting conveyed by the World Tourism Organization (UNWTO) during this year’s Berlin International Tourism Fair ITB (8 March) agreed to move ahead with a new ten-point UNWTO Agenda for Africa...
Moxy expected to open more than 40 new cities across Europe by the end of 2020
Tuesday, 13th March 2018
With more than 50 signed hotels in Moxy's pipeline expected to open in Europe between now and year end 2020, the bold brand is sustaining sharp growth in countries such as Germany and the UK, as well as making its entry into key European destinations including France, Portugal and The Netherlands...
Rotana announces 100-hotel expansion at ITB
Monday, 12th March 2018
The Abu Dhabi-based hospitality company, Rotana, is looking to increase its presence in familiar regions as well as expand into new countries as part of its expansion goal to reach 100 properties by 2020, Rotana President and CEO Omer Kaddouri told 4Hoteliers...
Medical Tourism offers business prospects to the tune of 50 billion dollars
Monday, 12th March 2018
Speaking at the first Medical Media Lunch Rika Jean-Francois, the CSR officer at Messe Berlin GmbH in charge of Medical Tourism, said that interest in the segment at ITB Berlin had trebled in one year...
Mexico Hotel Destinations - 2018
Monday, 12th March 2018
Following the 2016 US election, there was a growing concern over Mexico's ability to achieve meaningful economic growth given President Trump's protectionist rhetoric with regard to US-Mexico trade policy...
Silk Road: The most important transnational tourism route of the 21st century
Sunday, 11th March 2018
The 8th UNWTO Silk Road Ministers’ Meeting held during the ITB Berlin Travel Trade Show, focused on the long-term tourism vision for the historic Silk Road routes and how to establish the Silk Road as the most important transnational tourism route of the 21st century...
Record-breaking Q4 2017 real estate investment volumes in Asia Pacific sound a positive note for 2018
Sunday, 11th March 2018
Investors look to traditional favourites Hong Kong, Australia and Japan, with uplift in cross-border investment activity...
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