Our recent research paper, published in Tourism Review, has generated a lot of interest from industry practitioners. As it can be difficult for non-academics to access such material, we have prepared the summary below to help readers understand the essence of our study.
With travel demand accelerating rapidly, the hospitality industry is experiencing a new challenge: labor shortages resulting in sharply rising labor cost, which consumes as much as 60%-80% of RevPAR (CBRE).
The deeper into 2021 we set foot, the more we thankfully see hotel booking momentum strengthen, with small peaks and troughs not shaking the overall trajectory that’s been building since January. Reservation volumes globally have now risen to over 65% of 2019 levels, well above the 40% seen at this same time last year, and importantly, we’re able to map growing international acceleration, the fifth and final stage of the hotel booking reset, taking place in each region around the world.
"Biodiversity is highly important to the success of our industry and, as we have seen with the current global pandemic, unbalance in nature can have devastating consequences for humanity. WWF has published a report which shared that the top threats to biodiversity are pollution, overexploitation, land use change, climate change and invasive non-native species and diseases."
Hilton Austin – Austin, Texas, United States
Avani Hotels announces the upcoming launch of Avani+ Mai Khao Phuket Suites & Villas, the brand's ninth property in Thailand and the first in Phuket scheduled to open on 1st July 2021. Located in northwest Phuket, the new resort is 15 minutes from Phuket International Airport and steps from Mai Khao Beach and the Turtle Village Shopping Complex.
Tribute Portfolio, the growing collection of characterful, independent hotels from Marriott Bonvoy, Marriott International's extraordinary portfolio of brands, travel program, and experiential offerings, continues to expand its footprint in Japan with the opening of Hiyori Chapter Kyoto.
Celebrate red, white and blue at the Home2! MCR, the country’s 4th-largest hotel owner-operator, expands its Midwest footprint with the acquisition of the 102-room Home2 Suites by Hilton Evansville in Indiana.
"Labour shortages in the hospitality industries of developed economies are inevitable due to low birth rates, the low salaries and prestige of most entry-level hospitality positions, recent lockdowns and competition for labour from other sectors of the economy."
Catbird – Denver, Colorado, United States
After revolutionizing the Las Vegas hospitality experience decades ago, Hilton is building on its storied legacy in time for the return to travel by almost doubling its presence in the sought-after global destination over the past three years.
In partnership with IHG® (InterContinental Hotels Group), one of the world's leading hotel companies, Miami-based development group EPELBOIM opened the 133-room EVEN® Hotel Atlanta - Cobb Galleria earlier this month.
Some travellers want to be pampered and leave the planning of their hotel stay to the professionals, while others prefer to take the reins and be the leader of their own holiday. Both are welcome at Rotterdams two new Le Marin Hotel locations: Le Marin Boutique Hotel (with restaurant Bar Bató) and Le Petit Marin Boutique Hotel.
The second wave of the pandemic caused by the variant of the COVID-19 virus, which was first identified in the United Kingdom has been the most severe in India. As a result, travel and tourism have been halted across the country, and the impact on the hotel industry is immense, especially in major cities such as Mumbai.
