Radisson adds more than 60 APAC properties in ‘strong’ 1H 2023 performance
Radisson Hotel Group has reported a strong 1H growth across its expanded brand portfolio with 100+ signings and openings, including more than 60 across the Asia Pacific region and milestone openings and signings across the world.
The Group also announced more offerings to its owners and guests with the inclusion of art’otel in its portfolio, blending art and lifestyle.
Meliá introduces Thailand’s first INNSide by Meliá property in Bangkok
Meliá Hotels International has opened the INNSiDE by Meliá Bangkok Sukhumvit property, which joins a unique collection of cutting-edge hotels in Thailand’s capital city.
The new property is just one of a number of new properties that are being opened by the hospitality group, with recent openings and announcements including the debut of the Gran Meliá brand in Vietnam in Nha Trang, a new Meliá Collection offering in Milan, a new Spanish signing in Lloret de Mar and the opening of the first ZEL brand property in partnership with tennis player Rafa Nadal in Mallorca.
Industry Intelligence – catch up on CAPA’s exclusive market insights
Each week, CAPA – Centre for Aviation produces informative, thought provoking and detailed market analysis of the aviation industry. With supporting data included in every analysis, CAPA provides unrivalled and unparalleled intelligence.
Here’s some of the reports published over the past week.
Soundbytes: your weekly travel and aviation industry insights
CTC – Corporate Travel Community each week brings you a roundup of the most thought-provoking and interesting comments from those industry leaders in the know.
BCD Travel launches digital self-service travel platform for US small and midsize businesses
After a successful launch in Germany in 2022, and a pilot in the US, BCD Travel has now launched GetGoing across the US, an all-in-one platform for small and midsize businesses to book, manage and optimise business travel.
The product aims to combine the ease of digitally managing business travel with the comfort and security of personal expert service, designed especially for businesses looking for a digital self-service solution to manage all aspects of business travel, backed with the support from travel experts when needed.
Outlook for meetings business still bullish, but post-pandemic optimism has waned
The outlook for the meetings business remains bullish, but post-COVID optimism has waned somewhat, down 10% since Jan-2023, according to new insights from the Northstar Meeting Group and Cvent Meetings Industry Pulse Survey.
The latest edition of the survey for Jun-2023 (based on data collected from 14-Jun-2023 14 to 01-Jul-2023 from over 500 meeting planners) also identifies that approaching half meeting planners (44%) believe growing demand for meetings will spur growth in planner jobs.
Meanwhile, planner satisfaction levels have also improved despite high costs and service issues remaining common complaints, suggesting buyers and suppliers are effectively resolving ongoing marketplace challenges.
More than four in five global hotel markets are still seeing RevPAR growth above 2019 levels
Insights from STR, the data benchmarking, analytics and marketplace insights provide for the global hospitality industry, shows that more than four in five global hotel markets are continuing to report growth in revenue per available room (RevPAR).
The specialist’s global “bubble chart” update as of 17-Jun-2023 noted that 85% of global markets experienced growth in RevPAR when compared to 2019. This reflects the same level as the previous update, which marked the largest share of markets with growth since the beginning of the pandemic.
