Global News

Radisson Hotel Group signs Glasgow declaration and reaffirms strong sustainability

During this year’s COP27 in Egypt, Radisson Hotel Group, one of the leading international hospitality groups, reaffirms its strong commitment to sustainability by signing the Glasgow Declaration and encouraging other hospitality groups to join the call for strong actions to halve emissions over the next decade and reach Net Zero emissions as soon as possible before 2050. Radisson Hotel Group is one of the top 1000 companies with published approved science-based targets and has taken significant steps to define a clear path to becoming Net Zero by 2050, aligned with the landmark 2015 Paris Accord.

Global News

TE maintain ADR and RevPAR forecast in the last revision of 2022

STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation. 

Saudi Arabia
Join over 60,000 industry leaders.

Never miss a trend.

Advertisements