Shangri-La is proudly supporting Make-A-Wish International across the Middle East, Europe, India, the Indian Ocean, and Canada to help make every child’s wish come true.
London hotels saw highest occupancy of the pandemic-era in April
London’s hotel industry reported its highest monthly occupancy level since February 2020.
European tourism remain resilient amidst pandemic and geopolitical uncertainty
Domestic travel is projected to make a complete recovery in 2022, while international arrivals to Europe are forecast to be 30% below 2019 volumes.
Russia-Ukraine conflict will leave a void in this summer’s European travel market
According to GlobalData, Russia was the fifth-ranked country globally in terms of international departures in 2021.
UNWTO brings Tourism for Transformation to UN General Assembly
The United Nations General Assembly has met for a first ever dedicated session on tourism and its key role in inclusive recovery and growth.
Middle East tourism sector to create 3.6m jobs
Travel & Tourism GDP set to outstrip the overall economy for the next 10 years.
Baird/STR Hotel Stock Index rose 0.7% in April
Year to date through the first four months of 2022, the stock index increased 3.1%.
Latin America’s hotel construction pipeline
Latin America hotel construction pipeline is down 7% by projects and 11% by rooms, year-over-year at the end o Q1 2022.
Australian Grand Prix drove Melbourne hotel rates to record high in April
Lifted by the Australian Grand Prix, Melbourne’s hotel industry reported its highest monthly room rates on record.
Paris hotels reached 2019 profitability level in March
Among key hotel markets in Europe, Paris was the only one to achieve gross operating profit per available room (GOPPAR) that was 100% of the 2019 comparable.
