Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows.
PATA predicts strong gains in Asia Pacific international visitor numbers for 2024
The Pacific Asia Travel Association (PATA) today released the Executive Summary report for its latest forecasts for international visitor arrivals (IVAs) into and across Asia Pacific, which shows strong annual increases in numbers for 2024 with growth momentum continuing to 2026.
PATA Travel Mart 2024 is coming to Bangkok, Thailand
The Pacific Asia Travel Association (PATA) is set to organise PATA Travel Mart 2024 at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand from August 27-29.
UN Tourism Secretary-General to attend 2nd Global Tourism Resilience Conference in Jamaica
UN Tourism Secretary-General H.E Zurab Pololikashvili will participate in the highly anticipated 2nd Global Tourism Resilience Conference that will be staged in Montego Bay, Jamaica, from February 16-17.
HFTP announces inaugural technology investment conference: HITEC-IC, Co-located with HITEC 2024
Hospitality Financial and Technology Professionals (HFTP®) announced the HITEC Investment Conference (HITEC-IC), a new event designed to connect hospitality technology company executives with the investment community. Scheduled for June 27–28, the conference will be co-located with the 2024 Hospitality Industry Technology Exposition and Conference (HITEC®) where 325+ companies, from start-ups to established global brands, will present the latest innovative technology solutions to the hospitality industry.
Marriott International declares quarterly cash dividend
Marriott International, Inc. today announced that its board of directors declared a quarterly cash dividend of 52 cents per share of common stock. The dividend is payable on March 29, 2024, to shareholders of record as of the close of business on February 22, 2024.
Hilton partners with Small Luxury Hotels of the World to expand portfolio
Hilton and Small Luxury Hotels of the World (SLH) today announced an exclusive strategic partnership that will welcome Hilton guests to hundreds of independently-minded luxury hotels in the most sought-after destinations around the world. The partnership will dramatically expand the luxury experiences offered by Hilton as unique, SLH properties join the unparalleled hotels of the growing Waldorf Astoria, Conrad and LXR brands.
Resort’s new sustainable farm feeds mouths and minds
With 8500sqm of its 12 beachfront hectares dedicated to cultivating an array of vegetables, fruits, herbs, and eggs for meals for guests and staff, a luxury resort has launched a program for children to learn about sustainable farming.
Hotel sector bucks the trend with increase investment activity in 2023
Japanese investors trumped buyers from North America, Hong Kong and Singapore to be the most active offshore capital in Australia’s property sector last year, new CBRE data shows. CBRE’s Australia Capital Flows report tracks investment across the office, industrial, retail, hotel and living sectors.
Choice Hotels named by AAA and CAA as their new hotel supplier in a decade
Choice Hotels International, Inc. announced its collaboration with AAA and CAA to bring exclusive discounts and promotional offers to AAA and CAA’s more than 64 million members.
