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Hotel industry to continue struggle in 2009: EY report
03/03/2009
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3:14:00 PM
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Monday, March 02, 2009: A report by Ernst & Young has forecasted continued struggle for the global hotel markets, as contracting economies and falling travel demand continue to pressure the hospitality industry.
JW Marriot opens in Shenzhen
03/02/2009
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3:19:00 PM
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Thursday, February 26, 2009: Marriott International opened their fifth JW Marriott branded property in Shenzhen last week.
Asia to suffer this year as travel demand slumps
02/27/2009
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3:21:00 PM
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Friday, February 27, 2009:Experts suggest new figures set to be released at the ITB Future Day in March will show a significant drop in the travel demand in Asia for 2009.
Shiji Announces George Yang as Chief Executive Officer
02/26/2009
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10:02:00 AM
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Shiji Information Technology Co., Ltd: leading IT solutions supplier and service provider for the hospitality industry in China appointed George Yang as Chief Executive Officer effective March 1, 2009.
Emerging cruising market vital to China's economic growth
02/25/2009
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3:28:00 PM
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Tuesday, 24 February 2009:The city of Shanghai is expected to welcome 126 luxury cruises to its shores this year, up by 12 percent year-on-year.
US Hotel giant Marriott slips into the red with $10M loss
02/25/2009
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3:27:00 PM
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Tuesday, February 24, 2009: Hotel operator, Marriott International Inc. slipped into the red during the fourth quarter, reporting a $10 million loss, or 3 cents per share, versus a profit in the 2007 quarter of $236 million, or 62 cents per share.
Capacity increase of 14% for Emirates in 2009
02/24/2009
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3:31:00 PM
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Monday, February 23, 2009: Emirates Airline has announced its intention to increase its flights across the existing network by a further 14 percent in 2009.
Travellers want to sleep, survey finds
02/24/2009
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3:30:00 PM
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Monday, 23 February 2009: Sleep is the new destination it seems as a new survey shows that travellers spend almost a third of their travel budget on accommodation.
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