Global News

Global survey reveals key challenges and solutions for the retail/hospitality labour market

Ceridian, a global leader in human capital management (HCM) technology, today released the results from its annual Executive Survey focused on the power of mobilizing the boundless workforce. The survey revealed 85% (ANZ 90%) of leaders feel confident their organisations will achieve their 2023 goals and 75% (ANZ 87%) see strong revenue growth ahead. Additionally, eight out of 10 survey respondents said their workforce has the skills to meet organizational performance goals in the next two years. 

Stay Hospitality
Global News

Hyatt and Hongkong Land announce plans for Hyatt Centric East CBD Chengdu

Hyatt Hotels Corporation and Hongkong Land today announced that a Hyatt affiliate has entered into a management agreement with Hongkong Land for a new Hyatt Centric hotel – Hyatt Centric East CBD Chengdu. Expected to open in 2025, the hotel’s opening in the capital of Sichuan province will mark the entry of the Hyatt Centric lifestyle brand into China’s southwest region. Hyatt’s thoughtful expansion of the Hyatt Centric brand further bolsters Hyatt’s commitment to enhancing its lifestyle portfolio in more sought-after leisure destinations.

Hyatt
Global News

Ascend Hotel Collection expands footprint in key markets worldwide

The Ascend Hotel Collection, part of Choice Hotels International, Inc. (NYSE: CHH), continued 2023 with an impressive second quarter, reinforcing its position as the largest single collection of independent hotels worldwide. The Collection awarded six new agreements and added seven new properties to its domestic portfolio in the second quarter of 2023, providing guests with even more options coast to coast.

Ascend Hotels
Global News

Global business travel and events costs expected to remain elevated through 2024, reflecting ‘true new cost of travel’

Global business travel and events costs are set to climb higher through the remainder of 2023 and into 2024, albeit at a much more moderate pace than the exceptionally steep increases seen in 2022. This is according to the 2024 Global Business Travel Forecast, published today by CWT, the business travel and meetings specialist, and the Global Business Travel Association (GBTA), the world’s largest business travel trade organization. 

Global business travel
Global News

Meyer Jabara Hotels’ journey culture reaping a 75% employee retention rate

Meyer Jabara Hotels is reporting a 24.20% turnover rate through the first half of 2023. With the U.S. Bureau of Labor Statistics citing 70% to 80% turnover annually as the industry norm, this 46-year-old hotel ownership and management group is obviously doing something right. With hotel operators still feeling the sting of the “Great Resignation,” MJH is revealing its secret to employee retention success.

Meyer Jabara Hotels
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