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Waldorf Astoria to Debut in Seychelles
Business travel in some areas is still far below pre-pandemic levels
For business travel, the return to pre-pandemic normality has been moved back two years to 2026. Inflation, China’s economic problems and the effects on global supply chains were among the reasons listed by the Global Business Travel Association (GBTA) on Wednesday at ITB Berlin 2023. Basic parameters concerning business travel had also … read more
WTTC launches groundbreaking Hotel sustainability basics
The World Travel & Tourism Council (WTTC) has today launched the Hotel Sustainability Basics (Basics). Announced at ITB Berlin, Basics will enable tourist accommodation providers from around the world, regardless of their size, to begin their sustainabilit… read more
Kempinski Hotels selects Sabre technology to upgrade customer booking experience
Sabre Corporation, a leading software and technology provider that powers the global travel industry, has announced an enhanced agreement with Kempinski Hotels, the Europe’s oldest luxury hotel company, to enable the luxury hotel chain to upgrade its customer bookin… read more
Travel & Tourism deal activity down by 42% in January 2023, finds GlobalData
The travel and tourism sector's deal activity in January 2023 was affected by challenging global economic conditions and their implications, according to a report by GlobalData, a data and analytics company.
The report revealed that 38 deals, including mergers and acquisitions, venture financing, and private equity deals, were… read more
Radisson Hotel Group announces its 9th hotel in Nigeria
Radisson Hotel Group is bringing its luxury lifestyle brand, Radisson Collection, to Abuja, Nigeria's capital city and governmental powerhouse. Radisson Collection Hotel & Conference Center, Abuja Nigeria marks the Group's 9th hotel and 3rd Radisson Collection in the country, placing… read more
ChatGPT: How Conversational Bots will be the New OTAs
In late November 2022, OpenAI unveiled ChatGPT to the world, calling it a trained model that interacts in a conversational way. I’m sorry if the title of this article misleads you, but heads up, this is not an article about ChatGPT. It’s an article about how conversational bots based on Large Language Models (LLMs) can shape the future o… read more
Tourism Tidbits: Reviewing Some of the Travel & Tourism Industry’s Basic Principles
We began the year by reviewing some of the fundamental principles of a successful tourism business or industry. Tourism is multifaceted and despite the fact that there is no one form of tourism many of the industry’s basic principles hold true no matter in which aspect of the travel and tourism industry one works. Despite our cultural, l… read more
Sheraton Abuja Hotel changes name
The disclosure marks the first corporate action by Capital Hotels since it was acquired by 22 Hospitality Limited in late September.
Sheraton Abuja Hotel will henceforth be known as Abuja Continental Hotel, its owners, Capital Hotels Plc, announced the name change in a regulatory filing seen by PREMIUM TIMES on Thursday.
… read more
Adjusting for inflation: Should you raise your hotel room rates
If you’ve scanned through the top news stories of the last few months, you’re likely well acquainted with the post-pandemic elephant in the room: record-high inflation. As expected, the collective (and prolonged) halt of global economies, the subsequent critical supply chain disruptions, and the ongoing war in Ukraine has placed signific… read more
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