Ahead of FITUR, UN Tourism – the new name for the World Tourism Organization (UNWTO) released its latest data. The first World Tourism Barometer of the year highlighted the sector’s recovery, with international arrivals back to 88% of pre-pandemic levels at the end of 2023. With full recovery expected in 2024, UN Tourism again served as the bridge between public and private sector leaders to build a more resilient and sustainable future.
IHG’s expansive culinary brand portfolio achieves high-quality growth
IHG continue to retain their prestigious awards, a recognition of the outstanding performance of the Group’s food and beverage brands and the teams behind them, as well as a testament of IHG’s unchanging dedication to exceptional service. With the upcoming Chinese New Year marking a peak in food and beverage activities, IHG is strategically positioned to showcase its expertise by seamlessly integrating F&B segments within hotels.
Hotels embrace ancillary revenue in 2023, reports Mews
Revenue per available guest increased by almost 10% in the UK, according to the Mews data dive for 2023.
Marriott International announces global growth of apartments
Marriott International, Inc. announced plans to further expand its new Apartments by Marriott Bonvoy™ brand offering, with signed development agreements in the United States, Italy, and the Kingdom of Saudi Arabia. Today’s announcement comes on the heels of the recent opening of Marriott’s first Apartments by Marriott Bonvoy property, Casa Costera, Isla Verde Beach, in San Juan, Puerto Rico.
WTTC and Biosphere join to standardise International Hotel Sustainability
In a joint effort to promote sustainability in the Travel & Tourism sector, the World Travel & Tourism Council (WTTC) and Biosphere have inked a partnership to promote sustainability criteria in the hotel industry under the Hotel Sustainability Basics initiative.
International Tourism to reach pre-pandemic levels in 2024
According to the first UNWTO World Tourism Barometer of the year, international tourism ended 2023 at 88% of pre-pandemic levels, with an estimated 1.3 billion international arrivals. The unleashing of remaining pent-up demand, increased air connectivity, and a stronger recovery of Asian markets and destinations, are expected to underpin a full recovery by the end of 2024.
Choice Asia-Pac doubles inner city Melbourne offering
Choice Hotels Asia-Pac, one of the leading accommodation franchisors, is expanding its presence in Australia with the acquisition of the City Edge Apartment Hotels franchise.
First Hospitality grows hotel portfolio by nearly 40% in 2023
First Hospitality, a national hotel operating and development company, witnessed significant growth in 2023, increasing its hotels and restaurants under management by nearly 40%. In addition, First Hospitality continued its focus on upscale, soft brand and lifestyle properties which is now approaching 40% of its portfolio. Last year, the company entered five new markets, bringing its diverse portfolio to more than 70 independent and branded properties, with over 10,000 keys, and 3,500 world-class associates.
IHG Hotels & Resorts strengthens leading position in the luxury & lifestyle segment
IHG Hotels & Resorts (IHG), today underlines its growth in the Luxury & Lifestyle segment. Currently, IHG boasts one of the largest Luxury & Lifestyle portfolios in the world, consisting of six acclaimed brands that represent 22 percent of its global pipeline* – nearly double its stake from just five years ago. IHG has driven its ambition forward through a combination of strategic expansion, dedicated Luxury & Lifestyle expertise and significant investments in its wider enterprise platform to fuel brand awareness, consideration and loyalty.
mia launches peer groups to tackle industry issues and opportunities
Eight peer groups have been launched by the Meetings Industry Association (mia) to support the evolving needs of the business meetings and events sector.
