Central Plaza Hotel Public Company Limited (CENTEL), Thailand’s leading hotel and restaurant operator, received three prestigious accolades in the Travel & Hospitality category at the IAA Awards for Listed Companies 2022-2023 held by the Investment Analysts Association, further solidifying the group’s 40-year legacy and position as a leader in the industry.
Record 9.7 million Brits are planning a holiday at home this August Bank Holiday, bringing a £2.7 billion economic boost
VisitEngland’s August Bank Holiday Trip Tracker survey, published today, shows that 9.7 million Brits are definitely planning an overnight holiday trip in the UK this Bank Holiday weekend, bringing an estimated £2.7 billion boost to the economy.
Upscale and Upper Midscale Brands dominate China’s Hotel Construction Pipeline at Q2 ‘23
As seen in the most recent Construction Pipeline Trend Report for China from Lodging Econometrics (LE), the country’s pipeline stands at 3,666 projects/678,965 rooms. At the close of the second quarter, the total pipeline is slightly less than the all-time high of 3,711 projects/704,101 rooms set in the second quarter of 2022.
Global Travel and Tourism deal activity down 35.7 percent
Faced with difficult market conditions, many global industries have grappled with subdued deal activity during January-July 2023.
Dubai’s Samana Developers launches Dh300 Million ‘Golf Views’ project in Dubai Sports City
Samana Developers, one of the fastest-growing real estate companies in Dubai, today launched a Dh300 million (US$ 82 million) ‘Samana Golf Views’ residential project in Dubai Sports City, a popular freehold community. The new project is the first project in the neighborhood that has built-in private pools with its apartments and overlooks lush green The Els Club Golf Course, one of the finest golfing destinations in the Middle East. The G+P+14-Floor Samana Golf Views is part of multiple project launches which are planned during 2023.
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.
Bulgaria’s Travel & Tourism sector set to contribute 10% of the economy forecasts WTTC
Speaking at a panel session at the Hyatt Regency Pravets Resort in Bulgaria today, World Travel & Tourism Council (WTTC) President & CEO Julia Simpson revealed that the WTTC 2023 Economic Impact Research (EIR) today forecasts that 10% of the Bulgarian economy will come from Travel & Tourism by 2033.
WTM London 2023 Conference Program Announced
More than 60 conference sessions are lined up for WTM, the world’s most influential travel & tourism event, empowering the global travel community, and reminding them they have the Power to Change travel.
Hyatt Regency Danang Resort & Spa becomes the destination of choice for families on Vietnam’s Central Coast
Hyatt Regency Danang Resort & Spa, the five-star family lifestyle resort on Vietnam’s stunning central coast, has become the ultimate destination for multi-generational escapes following a major, multi-million dollar enhancement project that has introduced a wealth of new family-friendly facilities, including one of the biggest kids’ clubs in South East Asia.
Tourism leaders place African focus on global challenges
The Conference on Rethinking Africa: Rethinking Tourism for Africa: Addressing global challenges; Promoting investment and partnerships brought expert African perspectives to global challenges, highlighting the need of investments towards a greener tourism sector and access to finance within the sector and the need to further strengthen public-private collaboration at every level.
