Most global regions showed full RevPAR recovery in 2022, China’s international reopening and more...

Most global regions showed full RevPAR recovery in 2022
Friday, 27th January 2023

Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR.

The industry’s resilience has been underpinned by significant pent-up leisure travel over the summer along with the return of corporate demand, as the nature and length of this business travel has evolved.

Unlike previous downturns, room rates have been the key driver of recovery as each of the global regions, excluding Asia, showed an ADR increase over 2019 >>

Mandarin Oriental plans Mallorca for 2024
27 Jan 2023 : Mandarin Oriental Hotel Group has announced that it will manage a new beach resort in one of the most sought-after locations on the island of Mallorca, Spain, scheduled to open during the second half of 2024 >>

Distinct patterns in international travel intentions among APAC, Europe and North America
27 Jan 2023 : An overseas travel survey conducted in the last quarter of 2022 to understand the differences in travel patterns between Europe, North America, and the APAC region >>

Singapore Airlines and Tata Sons merge airlines
27 Jan 2023 : Singapore Airlines (SIA) and Tata Sons (Tata) have agreed to merge Air India and Vistara, with SIA also investing in Air India as part of the transaction, this would give SIA a slightly over 25% stake in an enlarged Air India group with a significant presence in all key market segments >>

China’s opening: More of a slow burner than a game changer
27 Jan 2023 : The news that China removed quarantine requirements for inbound travelers and was reopening to all international travel from 8th January 2023 was a surprise, as nearly every global demand forecast for 2023 assumed nothing much would change before the second half of the year; what do the experts know after all? >>

Accor introduces Handwritten Collection
26 Jan 2023 : Accor announced an exciting new addition to the Group’s unparalleled network of brands: Handwritten Collection, a global portfolio of charming bespoke hotels that offer an intimate and stylish hospitality experience >>

HIGHLIGHT ARTICLE

Copywriting for Hotel eMail Marketing
Friday, 27th January 2023

Did you know there are 4 billion daily email users?

Not only that, but 33% of marketers send weekly emails, 26% send emails multiple times per month and 77% of marketers have seen an increase in email engagement over the last 12 months. Email really is one of the most effective and powerful ways of communicating with your customer base >>

2023 Workforce-Workplace Forecast
This Alert is intended to provide employers with insights about what to expect in the coming years, so that they may position themselves for success >>

Global eNewsletter of January 26, 2023
Six Senses to open Tel Aviv, third-party hotel operators set to grow across Europe and more >>