As the Group enters the third year of “Destination 2022”, its global expansion and transformation strategy, these signings will boost the company’s portfolio in South Asia to more than 150 hotels and 17,000 rooms, both in operation and under development.
Trivago found in breach of Australian Consumer Law
Trivago misled consumers on hotel room rates: Australian Federal Court looks into an algorithmic black box.
Accor and Visa form global partnership
Accor and Visa announced a global partnership to bring new payment experiences to ALL-Accor Live Limitless loyalty members.
China hotel performance recovered quickly following SARS
STR analyzed historical data for China and found that the country’s hotel performance recovered quickly following the containment of SARS in 2003. Recovery around the current outbreak situation of 2020 could follow a similar timeline.
MGM Resorts executes long-term lease with joint venture for 2 properties
MGM Resorts, MGM Growth Properties And Blackstone Real Estate Income Trust announce the completion of MGP/BREIT joint venture’s acquisition.
Coronavirus stalls travel beyond China
According to ForwardKeys, the travel setback caused by the Coronavirus outbreak has now spread beyond China, with other parts of the Asia Pacific region experiencing a 10.5% slowdown in outbound travel bookings for March and April, excluding trips to and from China and Hong Kong.
RCL deploys ships in support of humanitarian efforts
Spectrum of the Seas, Celebrity Millennium and their crews are ready to thank those who step up for others; the company sends 1,000,000 masks to China efforts.
Epidemic containment measures must not impede economy
As efforts to contain the epidemic enter a critical stage, it is important to remember that the costs cannot be measured purely in economic terms, as the measures are taken will have implications for life expectancy across the entire nation.
European Tourism sector continues to defy increased global risks
Europe saw its number of international tourist arrivals expand by 4% in 2019 compared to the previous year to remain the most visited region worldwide. The US remains the largest long-haul source market of tourist arrivals to European destinations. As China is one of the major outbound travel markets worldwide, restrictions and bans to prevent the spread of COVID-19 will take a toll on the tourism industry
Forbes Travel Guide 2020 star rating awards announced
A record 107 new Five-Star awards have been announced, owing to the company’s significant expansion across 16 countries.
