Why Several Major Spanish Hotel Companies are Moving from the Resort Segment Into Urban Markets?

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3/10/2017
hotelnewsnow.com
by Jonathan Kracer


A new trend has recently emerged: Several major Spanish hotel companies, like Meliá Hotels International, the Barceló Hotel Group, Riu Hotels & Resorts, and Iberostar Hotels & Resorts, are moving from the resort segment into urban markets.

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InterContinental: The Psychology of Luxury

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4/10/2017

Singapore - An unforgettable and bespoke luxury experience, with an emphasis on exceptional service, are key to positive emotional wellbeing, according to a new study conducted by InterContinental Hotels & Resorts among its Club InterContinentalguests as a continuation of its exploration of Stories of the InterContinental Life.

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What Will Happen to Corporate Travel Prices in 2018?

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13/9/2017
Carlson Wagonlit Travel

Growing demand and rising crude oil prices will cause average worldwide corporate negotiated airfare to increase in 2018, according to Carlson Wagonlit Travel's 2018 Global Travel Forecast. That's despite an anticipated 6 percent jump in capacity. Meanwhile, fare segmentation will put downward force on base fares. For hotel rates, the 3.7 percent increase in the global average daily rate belies bigger bumps coming in Europe. However, the upcoming RFP season also is the first in which the recent wave of hotel mergers will have an impact.

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Cost Cutting Contributes to Bumper Profits Growth Across Europe, Profit Hits Low in the ME & Africa

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5/9/2017
hotstats.com


A 5.6% increase in TrevPAR, in addition to cost savings, meant that hotels in Europe recorded a hearty 10.6% year-on-year increase in GOPPAR in July, profit hits low at hotels in the Middle East & Africa.

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Travel Industry Forecast Predicts Rise in Hotel Rates and Stable Airfares

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12/9/2017

Advito’s 2018 Industry Forecast predicts a modest rise in global hotel rates and increased air travel that will have minimal impact on airfare prices, except in markets where demand is greatest. The annual review also highlights a growing problem related to lack of hotel availability at preferred rates, ongoing issues with traveler security and risk, as well as emerging challenges related to New Distribution Capability (NDC) standards. In addition, it examines novel third-party services with the potential to offer travelers advantages via machine learning.

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