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South Korea's Hospitality Market Growth Trajectory

South Korea's hotel market has seen significant growth over the past two years, with substantial increases in Average Daily Rate (ADR), Revenue Per Available Room (RevPAR), and occupancy rates. Key drivers of this growth include strong domestic and international demand, the Korean cultural wave (Hallyu), and medical tourism.South Korea has solidified its position as one of the leading hotel markets in the Asia-Pacific region, driven by robust domestic and international demand over the past two years.The country's impressive performance metrics highlight its resilience and potential for sustained growth in the hospitality sector.

Create: May 29, 2024 Edit: May 29, 2024 International News

InterContinental Hotels Introduces Advanced Technology for Guests

InterContinental Hotels & Resorts is utilizing advanced circadian technology to enable their guests to perform at their best during their travels. This collaboration is part of the transformative evolution of InterContinental Hotels & Resorts being rolled out globally. With a deep understanding of the diverse needs of modern travelers, InterContinental is introducing a range of initiatives under the banner of "Intentional Flexibility," designed to help guests seamlessly navigate their daily lives.

Create: May 29, 2024 Edit: May 29, 2024 International News

New Zealand Hospitality Technology Enters India

Following the significant increase in hotel booking demand after the inauguration of the Ram Temple in Ayodhya, India, accommodations in this holy city are facing challenges in optimizing their booking processes and maximizing revenue. In response, New Zealand-based hospitality solutions provider Staah has commenced operations in Ayodhya through a partnership with Clarks Inn Express hotel. Staah's advanced hospitality technology solutions will assist Clarks Inn in managing their room inventory across all booking platforms. These solutions enable the implementation of efficient operational processes, ultimately leading to increased revenue and profitability.

Create: May 29, 2024 Edit: May 29, 2024 International News

Echor Hotel Chain Unveils New Hotel

Echor Hotels & Resorts has announced the addition of a new hotel, "The Zion," to its portfolio. This new hotel in Shimla comes after a comprehensive five-year search for the perfect location, underscoring Echor's dedication to providing the most luxurious and serene accommodations in the picturesque Himalayan foothills. With its unparalleled amenities and unique geographic location, this hotel will offer guests an unforgettable experience of tranquility and natural splendor. This initiative aligns with Echor's strategy to expand its brand and strengthen its presence in scenic and touristic regions.

Create: May 22, 2024 Edit: May 22, 2024 International News

Opening of Fortune Hospitality's All-Vegetarian Hotel

Fortune Hotels in India proudly announces the opening of its 144-room all-vegetarian hotel. The new Fortune hotel, with its modern design and luxurious amenities, is recognized as the first all-vegetarian hotel in the region. Highlighted features of this hotel include diverse vegetarian restaurants, fully equipped conference halls, an outdoor pool, and a state-of-the-art fitness center. Additionally, its proximity to the Statue of Unity, one of India's main tourist attractions, makes this hotel an ideal choice for tourists and business travelers.The opening of this new hotel not only signifies the expansion of the Fortune brand in the hospitality industry but also demonstrates the company's commitment to sustainability and promoting a healthy lifestyle.

Create: May 22, 2024 Edit: May 22, 2024 International News

Malaysia Unveils Rival to Burj Al Arab

Malaysia is set to unveil a new skyscraper named "The Sail," which will surpass the height of Dubai's iconic Burj Al Arab.The Sail, a 325-meter tall tower developed by the Mah Sing Group, is slated for completion in the city of Johor Bahru.With its unique design resembling a ship's sail, The Sail is poised to become a new symbol for Malaysia. The tower will feature 103 residential floors and 8 hotel floors, offering luxurious amenities such as infinity pools, fitness clubs, and fine dining restaurants. The Sail is expected to become a major tourist attraction in Malaysia.

Create: May 22, 2024 Edit: May 22, 2024 International News

The Versy Hotel in Chicago Under New Ownership

NexGen Hospitality announced today the acquisition of the Versy Hotel in Chicago, IllinoiS.🔸 This boutique hotel with 137 rooms, located on Diversey Avenue, will be managed by the renowned hospitality group Genuine Hospitality from St. Louis, Missouri.🔸 The hotel is situated in the historic Arms Diversey building from the 1920s in the northern part of Chicago.🔸 Originally the residence of Bix Beiderbecke, the famous jazz musician, the building later gained popularity among 1990s rock stars.

Create: May 22, 2024 Edit: May 22, 2024 International News

Short-Term Rentals Ban in Hawaii

Authorities in the state of Hawaii have announced a ban on short-term rentals of residential properties for tourism purposes. This decision, aimed at increasing local residents' access to long-term housing, is expected to undoubtedly impact the tourism industry in the region. Experts believe that finding affordable accommodations for tourists in Hawaii will become more challenging. Some tourists may opt for alternative destinations for their vacations, while others will turn to hotels or authorized accommodations on home-sharing platforms.

Create: May 22, 2024 Edit: May 22, 2024 International News

Marriott's Midscale Hotel Brand Debuts in Japan

Marriott International and KKR, in collaboration, are launching new hotels under the Four Points Express brand in Japan.This initiative follows KKR's acquisition of the hotel company Unizo and its 14 hotels in Japan.The Four Points hotels are situated in 10 major tourist cities in Japan and provide an ideal accommodation option for travelers seeking a valuable and budget-friendly experience.The design and services of this brand are built on three principles: reliability, simplicity, and value for guests.Additionally, they are adding over 3,600 new rooms to the accommodation capacity of these two companies in Japan.

Create: May 15, 2024 Edit: May 15, 2024 International News

Unveiling of Hyatt Grand Hotel in Barcelona

Hyatt Hotels Group unveiled the opening of the Grand Hyatt Hotel in Barcelona. This hotel marks the first urban hotel under the Grand Hyatt brand in Spain and the fifth of its kind in Europe. With the opening of this hotel, Hyatt expands its presence in Spain with eight distinctive brands and 50 hotels, ranking fourth in the country in terms of room count. Barcelona, as one of the world's most popular tourist destinations, is considered an ideal location for this new hotel.

Create: May 3, 2024 Edit: May 3, 2024 International News

Remarkable Growth in German Tourists' Demand for Traveling to Turkey

Germany, as one of Turkey's significant tourism markets, is witnessing a substantial increase in demand for traveling to this country. Consequently, German airlines such as SunExpress, Corendon, Condor, and Turkish national carrier are expanding their flight routes and aircraft fleets to Turkey in the coming years. According to a report from the German Travel Agencies Association, Turkey, which hosted 6.2 million German tourists last year, continues to experience a significant influx of these tourists this summer season. As a result, travel agencies are increasing hotel capacities, and airlines are expanding their flights to Turkey. Given the rising demand from German tourists, Turkish hotels are also increasing their capacity.

Create: May 3, 2024 Edit: May 3, 2024 International News

Private Jet Charter by Four Seasons Available for a Limited Time

Four Seasons, a renowned brand of luxury hotels and resorts, is offering its private jet experience for a limited time for private charter bookings. This experience will be available from August 4th to August 26th and from December 20th to December 27th, 2024, and upon reservation, the Four Seasons team will collaborate with travelers to utilize the services of Four Seasons hotels and resorts worldwide according to a personalized travel itinerary. The Four Seasons Private Jet experience is an ideal opportunity for travelers seeking a luxurious, personalized, and unforgettable journey.

Create: Apr 24, 2024 Edit: Apr 24, 2024 International News