Hospitality Industry News
AccorHotels releases the findings from its first socio-economic footprint study. This study is embedded in the group?s corporate social responsibility drive, and its goal is to quantify and analyse its activities? ripple effects throughout worldwide and local economies. The findings will help the group home in on more
Hospitality Industry News
Disney’s theme park in Shanghai, its first in mainland China, will open on June 16. The park, originally slated to open last year, will feature everything from an Enchanted Storybook Castle ? the tallest in any Disney park ? to a ?Toy Story?-themed hotel and a Grand Theater with a
Hospitality Industry News
Hotel Lotte Co Ltd could raise up to US$5 billion in what would be South Korea’s biggest initial public offering, Reuters reported. The listing could reach US$3 billion to US$5 billion, potentially surpassing the US$4.04 billion record set in 2010 by Samsung Life Insurance
Hospitality Industry News
United Airlines said its passenger unit revenue may have fallen more than expected in the fourth quarter just ended after the November attacks in Paris shook traveller demand and sharply lower oil prices hurt sales to the Houston hub carrier’s energy clients, Reuters reported. Passenger unit revenue, which compares
Hospitality Industry News
Marriott International asked: what do wearables, telepresence, big data and CrossFit have in common? The answer: they?re key to leading trends that will shape how meetings could be imagined and implemented in the future. It says this growing focus on collaboration, wellness, and personalised technology is influencing daily living,
Hospitality Industry News
Airbnb has come under fire from Palestinian officials and activists for listing dozens of houses for rent in the illegal Israeli settlements of the West Bank. Critics accuse the website of profiting from stolen Palestinian land. The US-based online service advertises hundreds of accommodations for tourists ?in Israel? that
Hospitality Industry News
Loews Hotels & Resorts appoints Oliver Bonke to the newly created position of chief commercial officer to oversee the strategic growth of Loews brands, including Loews Hotels & Resorts, Loews Regency and the OE Collection. He also heads up sales, marketing, guest-facing technology and public affairs. He joins from
Hospitality Industry News
Year-on-year profit per room at full-service hotels in Paris dropped by 19 percent this month, as the terrorist attacks, which took place on 13 November, were the root cause of a substantial decline in demand for hotel accommodation, according to the latest data from HotStats. November is
Hospitality Industry News
Hong Kong-based Cachet Hotel Group plans to expand the Cachet brand within Zhejiang Circuit in Shaoxing, China. Currently under construction, the Zhejiang Circuit is being built as a destination for race car drivers and motorsport enthusiasts. This complex will feature a 3.3km FIA Grade 2 racing track, a
Hospitality Industry News
Asian travellers are planning to expand their horizons this year, according to findings in the latest TripBarometer study published by the Pacific Asia Travel Association with help from the association’s strategic partner TripAdvisor. The study, conducted by independent research firm Ipsos, shows that 76 percent of Asian travellers want
Hospitality Industry News
Gerald Lawless. Dubai Holding announces the transition of Gerald Lawless,?Jumeirah?Group president and CEO, to a new position responsible for tourism and hospitality in Dubai Holding’s Corporate Office, having served 18 years at the helm of Jumeirah?Group. Lawless first came to Dubai in 1978 and since then
Hospitality Industry News
InterContinental Hotels Group?unveils the?Hotel Indigo?Lower East Side New York?as its 5,000th?hotel globally. The latest hotel is a joint venture between IHG and Brack Capital Real Estate and is IHG?s third for the Hotel Indigo?brand in New York City. Richard Solomons, IHG?s