More than a third of investors want more European hotels in the property portfolio. This is according to the latest research by international advisor Cushman & Wakefield. Despite the disruption in the travel and tourism industry caused by the COVID pandemic, only 21% of investors plan to scale down hotel investments and only 10% have […]
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Melia has signed an agreement with Zeus Hotels for three resorts of its portfolio, two in Crete and one in Rhodes to extend the international operations of the hotel company and its portfolio in a country where it already operates the Meliá Athens. Meliá Hotels International, the leading hotel company in Spain and a world […]
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More than 197 million jobs could be lost in the global Travel & Tourism sector if barriers to global travel, such as blanket anti-travel advisories and quarantine measures remain in place, according to new research from the World Travel & Tourism Council (WTTC). The devastating figure comes from WTTC economic modelling, which looks at […]
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The World Travel & Tourism Council (WTTC) has welcomed the approved guidelines to safely restore global air connectivity, devised by the International Civil Aviation Organization (ICAO). ICAO’s COVID-19 Aviation Recovery Task Force (CART) has worked with governments, health experts and industry stakeholders to agree and publish comprehensive recommendations for a layered approach of measures to reduce […]
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Once the Paris hotel sector overcomes the initial period of recovery, the longer term, post-COVID-19 future looks promising, with the Olympic Games in 2024 expected to provide a much-needed boost to tourism. Along with the Games, the city will also benefit from the €2 billion investment plan to revitalise Disneyland Paris, which is expected to […]
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The World Travel & Tourism Council (WTTC) which represents the global Travel & Tourism private sector has unveiled a range of new worldwide measures to restart the sector. The measures have been designed to rebuild confidence among consumers so they can travel safely once the restrictions are lifted. The new Safe Travels protocols provide consistency […]
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With much of Europe’s hotel sector still closed for business, the industry faces a huge challenge to rebuild consumer confidence once COVID-19 lockdown restrictions start to lift later this year. Providing hotel businesses survive financially – utilising a combination of rent and bank loan freezes, Government support, working with owners and furloughing staff – they […]
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GBR’s newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism and Greek socio-economic developments. On December 8th, 2019 a patient in the city of Wuhan sought medical help for pneumonia-like symptoms. On December 31st Chinese […]
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India is one of the fastest-growing major economies with the second-largest population in the world, rising middle class and increasing disposable incomes. “Capturing the next great market” is the overarching conference theme of the inaugural ITB India 2020, taking place from 15 – 17 April at the Bombay Exhibition Centre in Mumbai. The three-day conference […]
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As in previous years international tourism continues to grow in 2019, though not quite as strongly as before. During the first eight months of this year outbound trips increased worldwide by 3.9 per cent, one percentage point below 2018. This year, Asia again recorded the highest growth in international travel, while Latin America saw a […]
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