Hospitality Industry News
1Crimea?can receive six million?tourists, who will be offered a discount of up to 25% on hotel?accommodation, Crimean?Tourism Minister Yelena Yurchenko?announced, Friday. “Do not believe the reports alleging that we have tanks here and the vacationing is not safe. We guarantee quality tourism services,” Yurchenko said
Hospitality Industry News
1LaSalle Hotel Properties (NYSE:LHO) today announced that it acquired Hotel Vitale in San Francisco, CA for $130.0 million. The Company funded the acquisition with borrowings from its Senior Unsecured Credit Facility. The 200-room hotel is located at 8 Mission Street at the intersection of the Embarcadero Waterfront and
Hospitality Industry News
1 (Reuters) – Investment Corp of Dubai (ICD), the emirate’s sovereign wealth fund, has bought a stake in global hotel management firm Kerzner International KZL.UL from investors including the family of South African casino tycoon Sol Kerzner. The deal gives Dubai, which depends heavily on its booming tourism industry,
Hospitality Industry News
1More than two thirds of travel industry employees have received a pay rise in the past 12 months, a new study has revealed. According to ACI HR Solutions? ?2014 Travel & Hospitality Industry Salary Survey?, the results of which were released this week, 68% of respondents said their salary is
Hospitality Industry News
1Pan Pacific Hotels Group has announced the opening of PARKROYAL Nay Pyi Taw today, the first international hotel in the capital of Myanmar, Nay Pyi Taw. The launch also makes PARKROYAL the first international hotel brand in Myanmar to enjoy a presence in two major cities ? the commercial centre, Yangon
Hospitality Industry News
1Hot on the heels of Facebook?s acquisition of virtual reality handset maker Occulus, a new VR startup has emerged from stealth with a solid positioning in the travel industry. It?s called Jaunt and it promises ?completely immersive, 360-degree 3D video and audio experience? thanks to the company?s
Hospitality Industry News
1 For several years, Germany’s hotel performances have proven solid, and 2013 was no exception. According to the MKG European Hospitality Report, which surveys more than 960 hotels in Germany, occupancy rose by 1 point in 2013 to 67.6%. In 2013 as well as over the?1?quarter
Hospitality Industry News
1The global travel industry is poised for a period of sustained growth over the next decade, driven in part by China?s share of global outbound travel1?reaching as much as 20% by 2023, a new report on global travel trends reveals today. Shaping the Future of Travel:?Macro trends
Hospitality Industry News
1TOKYO, JAPAN, April 03, 2014?/24-7PressRelease/?– Arc Communications Inc. is a Tokyo-based translation firm that offers a one-stop business communication solution. From contracts to marketing materials, advertisements, financial reports and websites, its comprehensive service portfolio is designed to provide business communication solution aimed specifically at corporations eying entry into the
Hospitality Industry News
1June 2014 is set to be the most exciting time for Brazil hotel industry as the country hosts the world’s biggest sporting event – the FIFA World Cup. The event which is expected to bring some 600,000 domestic and international tourists – will undoubtedly lead to major boom for the
Hospitality Industry News
1For an increasing number of travellers, luxury vacations are not only about experiencing new destinations in style, but also experiencing the trip from a locals perspective. The following top three luxury companies represent the new brand of travel agency that is now Internet-based, focused on providing authentic, local experiences, customizable
Hospitality Industry News
1Spa, already a big business, is getting bigger, according to figures from the Global Wellness Tourism Congress (GWTC) released at ITB Berlin on March 7. The research, done by SRI International for the GWTC, assesses the global wellness tourism market at $439 billion, with 77 percent of all expenditures coming
