Thursday, January 18, 2018

Tag Archives: Hotels

Rate management or lose profit?

Don’t you just love it? There was a time that a sandwich came with exciting fillings; sometimes sweet, sometimes savoury, and opening the bag at lunch time beheld many surprises. How many layers do we have today you might have pondered? A double decker, a triple decker, a Club? But not anymore! Now the only fillings in our sandwiches are …

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10 don’t miss sessions at HotelsWorld 2016

HotelsWorld 2016, the region’s largest industry gathering for CEO’s and other accommodation leaders, comprises 40 sessions at 5 events in 3 days, with 130 speakers and over 500 delegates. Highlights of this year’s suite of events include the following sessions: • A discussion between Choe Peng Sum, CEO, Frasers Hospitality Group and Michael Issenberg, Chairman & CEO, AccorHotels Asia Pacific …

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APAC hotel rooms under construction down 4.1% YOY for June

STR’s June 2016 Pipeline Report shows 576,712 rooms in 2,508 projects under contract in the Asia Pacific region. The total represents a 4.0% increase in rooms under contract compared with June 2015 but a 4.1% year-over-year decrease in rooms in construction. Under contract data includes projects in the in construction, final planning and planning stages but does not include projects …

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Luxperience announces Virgin Australia as Platinum Airline Partner

Luxperience has announced Virgin Australia as the official Platinum Airline Partner for this year’s event, taking place 18-21 September, 2016. The airline will showcase its expansive network and premium products and services by hosting VIP buyers travelling from North America, New Zealand and across Australia to the 2016 business exchange, to experience the best of Australasia’s unique luxury and experiential …

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Upgrade gets Port Arthur visitors pumping

New renovations at Port Arthur Holiday Park, including the Tasman Peninsula’s first modular pump track, are expected to inject an extra $450,000 into the regional economy. Australian Tourist Park Management (ATPM), which leases the 40-acre park site, today announced it would invest a further $1 million into upgrading facilities and accommodation at the popular tourist destination. The upgrade follows an …

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QantasLink announces Melbourne-Sunshine Coast flights

QantasLink will commence seasonal direct flights between Melbourne and the Sunshine Coast over the upcoming peak summer holiday period, following the success of the direct Sydney services launched last year. QantasLink will operate four return flights per week between Melbourne and the Sunshine Coast from December 16, 2016 to January 21, 2017 on its two class Boeing 717 aircraft. In …

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Pan Pacific Hotels Group appoints new vice president, operations and area general manager

British hotelier Greg Allan joins the group as vice president operations (ASEAN) while Pan Pacific Singapore’s general manager, Gino Tan, is promoted to area general manager (Singapore). Pan Pacific Hotels Group is delighted to announce two key appointments. Greg Allan joins the group as vice president, operations (ASEAN) while Gino Tan is promoted to area general manager (Singapore); moves that …

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AccorHotels to acquire loyalty market firm John Paul

AccorHotels has announced it has begun exclusive negotiations for the acquisition of John Paul, a leading player in premium customer and employee loyalty services. The company’s Enterprise Value should be close to $150 million i.e. a 2017e EV/EBITDA multiple of c. 11X. Accorhotels should acquire about 80% of John Paul, the remaining stake being kept by David Amsellem, the founder …

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