Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.
- New tourist flows and how to navigate them
- Number of RAK tourists set to reach 5.5m by 2030
- Online travel giants spent more than $14 billion on marketing
- New restaurant open as Kimpton Hotel Fontenot expands
- The Ambassador Hotel Mumbai expects a 20 to 25% increase in ARRs
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Enjoy the read!
Trends in hospitality – New tourist flows and how to navigate them
Change is inevitable, especially when we talk about tourism. Tastes change, as do external factors that force one to move/travel in new directions. Some can’t wait for change, while others are still clinging to their former glory. To better prepare for such challenging times, in this digest, we talk about news related to changes in tourist flows and what innovative solutions can help hospitality to embrace these changes and thrive.
https://insights.ehotelier.com/insights/2023/03/20/new-tourist-flows-and-how-to-navigate-them/
Ras Al Khaimah banks on the ‘Wynn Effect’ to achieve tourism targets
Wynn Resorts planned 2027 hotel in Ras Al Khaimah will be a gamechanger for tourism in the emirate, says Colliers International. Investment management specialists Colliers have published a report on the future of tourism in Ras Al Khaimah. Wynn Al Marjan Island Resort could bring 5.5m tourists to RAK by 2030, smashing the target number of 3m.
In’22, Online travel giants spent more than $14 billion on marketing
As the world reopened to travel in 2022, online travel giants Expedia Group, Booking Holdings, Airbnb and Trip.com Group doled out a record amount of money to capture consumers’ attention. Across the four brands, spending on marketing (reported by Airbnb and Expedia Group as both sales and marketing) was just over $14 billion for the year – exceeding the amount the four companies spent in 2019 by about $500 million.
Completed Kimpton Hotel Fontenot with new restaurant open now
Kimpton Hotel Fontenot, located in the heart of New Orleans’ Central Business District, is now complete with its expansion into the historic building next door, open to the public and guests. The new additions include over 12,000 square feet of flexible meeting and events space, 33 new guestrooms and suites, and the city’s newest French brasserie – King.
https://www.hospitalitynet.org/announcement/41009360/kimpton-hotel-fontenot.html
The Ambassador Hotel Mumbai anticipates a 20 to 25% increase in ARRs
The Ambassador Hotel Mumbai, a heritage hospitality landmark in the country’s commercial capital, will be undertaking its last and final phase of renovations starting in April to be fully ready in a new avatar before the next tourist season. The hotel will close the last three floors, making up 50 rooms and a now defunct revolving restaurant for refurbishment.
That’s all folks!