Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows. CBRE’s Australia Capital Flows report tracks investment across the office, industrial, retail, hotel and living sectors.
Choice Hotels named by AAA and CAA as their new hotel supplier in a decade
Choice Hotels International, Inc. announced its collaboration with AAA and CAA to bring exclusive discounts and promotional offers to AAA and CAA’s more than 64 million members.
Extended Stay America celebrates 20% growth in franchise portfolio
Extended Stay America, the leading mid-price extended stay brand, announced today its growth outlook through franchising, following the momentum from a strong year of milestones, including 20% growth of its franchise portfolio across its family of brands: Extended Stay America Premier Suites, Extended Stay America Suites and Extended Stay America Select Suites.
Expedia Group and American Express GBT partner to tackle travel fraud
Expedia Group announced today that American Express Global Business Travel (Amex GBT) will use Expedia Group’s Fraud Prevention as a Service (FPaaS) solution for travel bookings on its Amex GBT Egencia solution. FPaaS blocks fraudulent transactions before they happen, reducing unscrupulous activity and enabling more protection for their clients.
Agoda CEO: ‘Travel industry off to a great start in 2024’
Based on the first month of the year, 2024 could be a great year for travel, predicts Omri Morgenshtern, CEO of digital travel platform Agoda. Speaking at the ASEAN Tourism Forum 2024 (ATF) in Laos on January 26, Morgenshtern noted that the new year has been off to an enthusiastic start as it builds on the momentum from 2023 and with tourism prominently on the agenda.
S Hotels & Resorts reinforces focus on profitability with THB 12bn target in total revenue
S Hotels and Resorts PCL, announced business strategies to boost profitability with the target to achieve THB 12 billion in total revenue for 2024 across five markets globally.
UNWTO communication, media and tourism training in Africa workshop
The first UNWTO Communication, Media and Tourism Training in Africa Workshop organized in collaboration with the Ministry of Tourism and Hospitality Industry of Zimbabwe and the Zimbabwe Tourism Authority (ZTA) was in the majestic Victoria Falls, from 13 to 15 November 2023 bringing together tourism professionals, journalists, media and communication specialists drawn from 20 countries in the Africa region.
Radisson Hotel Group launches new career development proposition with Career Month
Radisson Hotel Group provides meaningful career moments and advancement possibilities globally. As part of this ongoing commitment, the Group has launched several new career development tools and initiatives, including the Group’s first-ever Global Career Month.
TFE Hotels signs key new ownership agreement in Western Australia
Sydney-based Hotel Company, TFE Hotels, has hit the ground running in 2024 with the announcement of a new partnership agreement in Western Australia.
Marriott International saw record year of net rooms growth and signings in the region
Marriott International, Inc. of its strong global net rooms growth and record year of organic signings in 2023, the company highlighted the remarkable surge in hotel and residences openings and signings in the Asia Pacific excluding China (APEC) region, particularly in key travel markets such as Japan, India, and Vietnam.
