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Omer Kaddouri, President & CEO, Rotana Hotel Management Corporation, Abu Dhabi
"hospitalityInside.com is a great online magazine and source of information for any hotelier wanting to stay alert to how our industry is performing and evolving. Concise, efficient and most importantly objective. I always enjoy the probing and questioning letter by Maria Puetz-Willems and the way she touches on subjects others shy away from. The overall content from news, columns or perspectives are valuable especially for a company like Rotana, which is on its way to expand globally."
hospitalityInside INVESTMENT BAROMETER Spring 2016: Return expectation mixed – Public version
Sentiment on hotel markets dampens
Augsburg/Hamburg (April 29, 2016). Sentiment on the hotel investment market has dampened in spring 2016 - nevertheless, the market assessment remains positive overall and at a high level. Those surveyed painted a mixed picture when asked about returns and locations. These were the findings from the hospitalityInside INVESTMENT BAROMETER spring 2016.
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ITB Hospitality Day 2016: Paying premiums or more guest interaction?
Only reviews count, not the programs
Berlin (April 29 2016). Where are loyalty programs heading to? Why are they becoming more important to travel providers and what are the reasons for hoteliers to be active in several programs with one hotel? A distinguished circle of representatives from TrustYou, Marriott, Sabre Hospitality and Miles & More were searching for answers at the "ITB Hospitality Day" in March.
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Demand is growing - Deadlines for "World of Hospitality" also approaching
EXPO REAL 2016: Deadlines move closer
Munich (April 15, 2016). The real estate sector is booming, the hotel market effervescent. This is driving interest in Europe's largest trade fair for real estate and investments EXPO REAL in Munich - and more specifically also for the joint stand "World of Hospitality" in Hall C2. In comparison to last year, the stand is set to grow once again. For the moment, the early bird discount still applies.
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The registration deadline for Expo Real 2016 is fast approaching. There are still 71 days to register as co-exhibitor.
19 acceptances for the "World of Hospitality" have already been given, the remaining places are reserved until 6 May. Co-exhibitors from last year who have not yet confirmed their reservation are kindly asked by organiser HospitalityInside to do so by 6 May 2016. Those looking to exhibit at "World of Hospitality" for the first time and who have not yet made a reservation should also do this before 6 May.
From one merger to the next
[ Read on only with extended user rights. ]
It hides a certain special irony: At the Arabian Hotel Investment Conference (AHIC) in Dubai, which Maria Puetz-Willems visited the day before yesterday, Rezidor CEO Wolfgang Neumann was to speak on mergers and acquisitions. His sudden and premature departure raised questions which remain unanswered since yesterday: The Chinese HNA Tourism Group is set to acquire Carlson including its 51.3-percent stake in Rezidor. Neumann it seems doesn't only talk about takeovers, but is himself right in the middle of one. Sarah Douag explains the deal.
The Chinese appetite for Western hotel and tourism companies is unabated. The reasons for this are obvious. Whereas we reported last week that China for the first time made it into the Top 10 preferred conference destinations, today's news is that in 2015 the expenditure of Chinese business travellers for the first time exceeded those from the US. And the gap continues to widen in favour of the Chinese.
Back to good old Europe: Here, the Southern European holiday destination countries Italy and Spain have enjoyed great popularity. This of course also raises interest in real estate there. In Spain, investment in historic buildings has increased, many of which are to be converted into hotels.
Massimiliano Sarti visited the annual conference of the biggest Italian hotelier association Federalberghi and identified various shadowy areas there despite the sunny booking figures. President Bernabò Bocco, again criticised the unfair tax treatment of the shadow hotel industry and the bed tax imposed on hotels.
In other releases today: Dubai is back down to reality. Tourism in the Arab world has waned in the wake of the oil crisis and exchange rate gyrations. A first impression from this year's Arabian Travel Market (ATM) and from the AHIC this week. Booking.com has asked customers about sustainable travel, TUI has found buyer for its bed bank Hotelbeds.com Another article summarises the current state of mergers and hopes: of Marriott/Starwood (Arne Sorenson spoke per video at the AHIC) of AccorHotels/FRHI (merger approved) and of TripAdvisor, which has acquired HouseTrip.
On our Page 1, all users also find the last written summary of the "ITB Hospitality Day" panel, this time on loyalty programmes. And a nice coincidence: A Marriott representative also sat on this panel. And Arne Sorenson, speaking at the AHIC, has just described the power of the loyalty programme as crucial reason for the merger with Starwood.
And here is the very last news of last night: Darren Huston, CEO of Priceline Group has resigned, effective immediately, following an investigation linked to a personal relationship that he had with an employee who was not under his direct supervision - an act which is contrary to the company internal code of conduct. He is replaced by the ex CEO and current chairman Jeffery Boyd, while the Group is looking for a new CEO now. Darren Huston, who was also the CEO of Booking.com has been replaced by Gillian Tans. She was already COO at Booking.com.