OTAs showed welcome recovery in 2021, buoyed by continued strength in domestic travel.
Recent expense rise presents threat to hotel profit
February was a stronger month all around for the global hotel industry, but escalating line item expenses could derail what’s already a fragile profit rebound.
Middle East focuses on tourism’s sustainable recovery
Returning to Egypt UNWTO addressed the pressing challenges faced by tourism and looked to the future as the sector’s recovery gathers pace across the region.
Asia Pacific hospitality update – Week ending 25 March 2022
Ascott Acquires Two Properties in Ningbo China and Amsterdam for around USD190 million.
Working with nonprofits and others to support refugees fleeing Ukraine
Airbnb.org is announcing its collaboration with several additional organizations, including longtime partner HIAS and Nova Ukraine.
Tourism enjoys string start to 2022 but faces new uncertainties
Russian invasion of Ukraine adds pressure to existing economic uncertainties.
Business travel helps companys get competitive edge
An analysis conducted by the San Diego State University found that in-person meetings have undeniable advantages over virtual options.
Canada hotel performance rose in February amid loosened restrictions
Canada’s hotel industry reported higher performance from the month prior, along with better-indexed comparisons with 2019
WTTC addresses EU Ministers on tourism recovery
The World Travel & Tourism Council (WTTC) was invited to address EU Tourism Ministers on behalf of the private sector at a closed high-level meeting in Dijon.
