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 China’s Hotel Construction Pipeline Has Grown to Record High

China’s Hotel Construction Pipeline Has Grown to Record High

 PORTSMOUTH, NH – Analysts at Lodging Econometrics (LE) report that at the end of the third quarter of 2019, China’s total construction pipeline has grown to 3,380 projects/628,972 rooms. Currently, the country has 2,548 projects with 438,797 rooms under construction with projects scheduled to start construction in the next 12 months at 404 projects with 85,026 rooms. Projects in the early planning stage have 428 projects/105,149 rooms. Hotel development continues to thrive despite the continued economic struggles in the region and the on-going trade and tariff disputes with the United States. In the third quarter, China announced 661 new projects with 80,692 rooms into the pipeline. Through the third quarter of 2019, China opened 658 new hotels/92,932 rooms with another 363 new hotels/45,799 rooms forecast to open by year-end. In 2020, 1,084 new hotels with a lofty 157,893 rooms are forecast to open. Should all of these hotels come online in 2020, then China will open the largest number of new hotel rooms since the cyclical peak in 2014. In 2021, following a year of all-time high new hotel openings, LE forecasts that the number of new hotel openings will decelerate to 773 hotels with 135,294 rooms. Chengdu, at a record high 124 projects having 25,560 rooms, leads China’s pipeline. Guangzhou follows standing at 122 projects with 26,105 rooms, then Shanghai at 119 projects/22,581 rooms. Next is Wuhan and Suzhou with 111 projects/15,457 rooms and 88 projects/14,855 rooms, respectively.  Also, notable, with strong room counts, are Hangzhou with 73 projects/15,647 rooms and Xi’an with 80 projects/15,054 rooms. Four of the seven cities listed above have pipeline increases in excess of 20% of their existing open and operating supply with Chengdu having a pipeline in excess of 30%. Franchise companies topping China’s construction pipeline are led by Hilton Worldwide with 454 projects/93,644 rooms. Next is InterContinental Hotels Group (IHG) with 375 projects/82,358 rooms and Marriott International with 315 projects/86,151 rooms. All three of these companies are setting record pipeline highs by projects and rooms and account for 34% of China’s total pipeline. Other notable franchise company pipelines are AccorHotels with 218 projects/35,556 rooms and JinJiang Holdings standing at 214 projects/22,548 rooms. Brands in the pipeline are led by Hampton by Hilton with a record 273 projects/42,645 rooms. Hilton’s second largest brand, by project count, is DoubleTree with 59 projects/16,489 rooms. IHG’s primary brands in China are Holiday Inn Express, at a record count, with 179 projects/31,430 rooms and Holiday Inn with a record 61 projects having 15,435 rooms. Marriott International’s top brands are the full-service Marriott Hotel & Resort, hitting record highs, with 73 projects/22,068 rooms and then Courtyard with 39 projects/10,250 rooms. Leading brands for JinJiang Holdings are 7 Days Inn with 113 projects/8,931 rooms, and Vienna Hotel with 26 projects/3,300 rooms. AccorHotels’ leading brand, Ibis, is also hitting all-time highs with 102 projects/10,888 rooms, while Mercure Hotel also has a record number of projects with 58 and totaling 9,346 rooms.

Create: Dec 7, 2019     Edit: Dec 7, 2019     International News
Airbnb adds 'cooking', a new category of bookable experiences

Airbnb adds 'cooking', a new category of bookable experiences

We’re unveiling Cooking on Airbnb Experiences – a new category of bookable experiences that unlock the hidden culinary traditions of families all around the world. From learning grandmas’ recipes to traditional Uzbek home-cooking, guests can now get access to 3,000 unique recipes that are usually reserved for friends and family in over 75 countries globally. Through Airbnb Cooking Experiences, we are presenting a new way to understand culture through food. Unlike typical cooking classes, which can feel intimidating or time-consuming, at the heart of every experience is human connection; people coming together to make and share a meal. Hosted by families, farmers, pastry cooks and more, local hosts can now highlight the deeper meaning behind the food you eat, teaching traditional recipes and sharing stories in intimate settings around the world. To protect the personal nature of each recipe, each experience has been vetted against guidelines inspired by Slow Food, a grassroots organization whose mission is to prevent the disappearance of local food cultures and traditions. Through this vetting process, we have verified that each host of an Airbnb Experience communicates the unique essence of every dish through their personal stories and has proven a deep knowledge of the heritage of the cuisine that they share. Celebrating the launch of Airbnb Cooking Experiences – and to find the next wave of culinary treasures – we are calling on the world to apply or nominate their favorite home cook so that we can treat them to a once in a lifetime trip to Italy. There, they will learn to refine their family recipe and cement their legacy in an Airbnb cookbook, planned for 2020. The top 100 applicants will get to study alongside experts including chef David Chang and his mom, Sherri, during one of the four, specially-organized five-day courses at Slow Food’s University of Gastronomic Sciences, located within a UNESCO world heritage site in Pollenzo, Northern Italy. Alongside workshops, tastings, field visits and lessons from UNISG professors, there will also be hands on lessons from one of the most booked hosts on the platform, Nonna Nerina, who has earned over $150,000 just by welcoming travelers to the Roman countryside to learn about her and her family’s love of pasta-making. With hosts like Nonna, it’s no wonder bookings of Airbnb’s food and drink Experiences have been growing at a rate of 160 percent year-over-year since 2018. Our new Cooking category brings together the very best of our platform with brand new Airbnb Experiences, united by new principles that ensure an authentic, local experience in intimate settings and small groups. “Ever since the very first guests travelled with Airbnb, we have realized that sharing a meal is the key that unlocks culture and fosters connection. Through Airbnb Cooking Experiences, we want to bring back the tradition of people coming together to make and share meals, and through this help preserve unique recipes that are shared within family kitchens around the world,” – Brian Chesky, Airbnb CEO and Co-Founder. Building on our partnership, Slow Food is also introducing 15 special Airbnb Cooking Experiences that perfectly align with its principles of good, clean and fair – including Walk Cook & Eat in the Amalfi Coast and ‘Let’s Rescue Food’ in Cartagena, Colombia. “It’s really encouraging that Airbnb looked to us for guidance on how to help people preserve their family recipes and become quality and sustainability advocates,” said, Paolo Di Croce, Slow Food Secretary General. “Airbnb Cooking Experiences represent a great opportunity to spread our urgent call for sustainability standards and food biodiversity protection across the globe, reaching new audiences and inspiring change in the entire food and tourism sector. We have a long-term commitment to ensure that travel experiences remain authentic and help travellers learn about local communities and raise awareness about sustainable food practices.”

Create: Dec 4, 2019     Edit: Dec 4, 2019     International News
HRS to strengthen strategic partnership with Pan Pacific Hotels Group

HRS to strengthen strategic partnership with Pan Pacific Hotels Group

This enhanced partnership enables more seamless automated hotel processes, creating a win-win outcome for Pan Pacific Hotels Group and corporate clients worldwide. HRS announced an extension of its strategic partnership with Pan Pacific Hotels Group, one of Asia’s most established hospitality companies. Great news for global #businesstravelers: @HRS_NAM and @PanPacific Hotels announce new agreement, bringing process #automation and content distribution efficiencies that benefit multi-national corporate hotel programs. #hotels #travelprocurement The renewed focus of the partnership is to explore growing opportunities in corporate travel, both globally and regionally. Singapore-based Pan Pacific Hotels Group is growing its global footprint; the Group now has properties across 29 key markets in Asia-Pacific, Europe and North America. HRS works with more than 3,000 multi-national corporations on their managed hotel programs, including one-third of the Fortune 500. “Corporate travel managers are committed to offering their travelers quality hotels in the right locations, and at the right negotiated price. More corporate travel programs count on HRS to find these options around the world,” said Frédéric Dumoulin, Senior Vice President of HRS Asia Pacific. “Beyond those elements, hotels and corporations increasingly seek more automated, seamless processes that enhance distribution efficiencies. This ultimately helps make the traveler’s journey easier. Forward-thinking hotel management companies like Pan Pacific know that building win-win partnerships such as this are vital to staying competitive.” Ms. Cinn Tan, Chief Sales & Marketing Officer of Pan Pacific Hotels Group, said: “We operate in a fast-paced world where customer needs are constantly evolving, so keeping abreast of these are critical to our business. HRS and Pan Pacific Hotels Group share a common mission of putting customers first. This partnership reinforces our ongoing goal to streamline vital processes to everyday hotel program management. We look forward to leveraging new automated technologies to better serve our mutual clients in 2020 and beyond.” Pan Pacific Hotels Group currently manages nearly 50 properties across numerous key cities including Singapore, Beijing, Sydney and London. Business travel spending in Asia Pacific totaled $615.4 billion in 2018, and is projected to grow by 5.8 percent annually through 2023 as per Global Business Travel Association estimates.

Create: Dec 4, 2019     Edit: Dec 4, 2019     International News
Sharm El-Sheikh’s tourism industry can recover with the right marketing

Sharm El-Sheikh’s tourism industry can recover with the right marketing

GlobalData has reported that Egypt’s Sharm El Sheikh’s tourism industry can thrive with the right marketing. Following the lifting of the four-year flight ban on the resort location, companies pounced to operate in Sharm El-Sheikh said GlobalData. Particularly with some good marketing to UK visitors, the tourism economy in the area could soar. According to a GlobalData survey, 63% of UK respondents are unlikely to change their plans because of a terrorist attack or political event. This compares to a global average of 54%, showing that UK residents tend to be relatively relaxed about travel threats. GlobalData’s travel and tourism analyst, Laura Beaton, commented: “Just hours after the ban was lifted, companies were jumping at the chance to resume operations. TUI has already begun selling holidays for 2020 and easyJet will launch flights to Egypt for the first time. In addition, Olympic Hotels will offer hotels previously exclusive to Thomas Cook, which will boost business for the area and mitigate some of the issues that may have occurred after the collapse of Thomas Cook.” However, officials from the company do believe that the area must work on marketing its attractive diving opportunities. Diving company Regaldive for example is offering two days free if a dive package is booked within a certain timeframe. Beaton added: “This should be leveraged by Egypt and will prove helpful in restoring perceptions among tourists. Scubatravel.co.uk, which compiles a list of popular dive spots according to review from divers, puts Thistlegorm in the Egyptian Red Sea as the fourth most popular location in the world. The Shark and Yolanda Reef in the Egyptian Red Sea comes in at fifth place for divers looking for a more natural adventure.” Beaton continued: “Sharm El-Sheikh will quickly bounce back because it is such an iconic destination for UK travellers. Holiday-makers have been circumventing the ban by flying indirectly or traveling across land from other parts of Egypt. Now that connectivity is restored, UK travelers will return much faster.”

Create: Dec 1, 2019     Edit: Dec 1, 2019     International News
Espresso Day

Espresso Day

The voodoo priest and all his powders were as nothing compared to espresso, cappuccino, and mocha, which are stronger than all the religions of the world combined, and perhaps stronger than the human soul itself. Mark Helprin Rich and powerful, espresso is a nitro-boost to your day and a go-to for coffee drinkers looking for a way to get through those long hard days and nights. It is a refinement of coffee, distilled down to its most potent elements and delivered in special cups that should have a warning label that reads “High Vibration and Caffeine Jitters Ahead”. Espresso day celebrates the history of this delicious and powerful solution to an otherwise dreary day. History Of Espresso Day In Turin, in 1884 an incredible new innovation was developed that would change the way work would be done for all of history. No more would tired laborers have to rely on pure willpower to get them through the day or lean on the watered-down attempt at caffeination that was normal coffee and tea. Instead, thanks to the innovative methods of Angelo Moriondo coffee had seen a new age of enlightenment, as his new machine found a way to separately control the passing of steam and water through the coffee. This innovation made it possible to extract the fullest possible potential from the humble coffee bean. Espresso Day was created to honor this invention and the wonderful man who made it all possible. True, the machine has undergone multiple upgrades and innovations since then, with homemade espresso machines now being available, and the latte is now one of the most popular methods of imbibing this drink. From Turin, Italy this beverage spread throughout the world, earning a place of prominence in Europe, the USA, and eventually the world at large. How To Celebrate Espresso Day Celebrating Espresso Day is as simple as skipping on down to your local caffenation station, be it a Starbucks, Tim Horton’s, or whatever your local flavor of coffee shop is. Order yourself the strongest drink on the menu, a triple-shot espresso if they have them, and raise a small ceramic glass of high-powered octane the those in attendance. Toast Angelo Moriondo and his works, and let all who will listen know that it is he who drives the modern worker and increases production. Then stop on the way home and buy yourself your own personal espresso machine, because weekends need coffee too.

Create: Nov 23, 2019     Edit: Nov 23, 2019     Coffee Shop
Damac tops out Paramount Tower Hotel and Residences

Damac tops out Paramount Tower Hotel and Residences

Property features one of Dubai’s highest infinity pools on the 64th level, at 235 metres high Damac Properties’ has topped out its Paramount Tower Hotel and Residences, a 64-storey mixed-use development property on Sheikh Zayed Road. The project, features one of Dubai’s highest infinity pools on the 64th level. Currently, more than 80% of the tower’s external façade and casting work of the infinity pool has been completed. The design and décor of the hotel rooms comprises features such as in-room home theatre systems and access to a library of Paramount films. The residences feature multiple bedrooms and spacious interiors with separate dining and living areas. Speaking about the topping out, Niall McLoughlin, senior vice president, DAMAC Properties, said, “The topping out of Paramount Tower Hotel and Residences with one of Dubai’s highest infinity pools overlooking Downtown Dubai is testament to our commitment to bringing the most differentiated living experiences to the region. We are thrilled with the progress on this project, which stands tall as a distinctive addition to Dubai’s iconic skyline. Our vision resonates with Dubai’s growing relevance as one of the world’s top tourist destinations.” In addition to the infinity pool, Paramount Tower Hotel and Residences features multiple floors of amenities such as restaurants and lounges, a rooftop terrace fitness and wellness centres, and a business centre, among others.

Create: Nov 3, 2019     Edit: Nov 3, 2019     International News


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