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Search results for “restaurant business”
US travel income dropped due to stagnating arrivals, OYO sees China profitability, more
03/12/2019
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10:26:17 AM
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Spending by international visitors in the US dropped nearly 1% largely due to stagnating visitor arrivals from China; OYO China CFO said that the firm will think through profitability models in China.
Hotels find new ways to incorporate wellness
02/18/2019
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11:28:12 AM
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The Global Wellness Institute calculated the global spend on wellness tourism at $639.4 billion in 2017. The sector grew 6.5% per year from 2015 to 2017, more than twice the growth rate for general tourism.
Can OYO capture the unbranded hotel market in the U.S. and Europe?
02/11/2019
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3:56:50 PM
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Physical and technological upgrades and higher revenue could make OYO a welcome opportunity for unbranded accommodations in the U.S., which number around 18,000 – 1/3 of all hotels in the country.
IHG further expands luxury footprint with acquisition of Six Senses
02/13/2019
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5:20:37 PM
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The acquisition of Six Senses takes IHG’s portfolio of open and pipeline luxury hotels to 400 hotels (108,000 rooms) globally.
All you need to know about hotel guest loyalty
01/18/2019
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3:43:55 PM
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There’s a lot of talk in the travel industry these days that travelers aren’t loyal to hotel brands anymore; it’s all about price and perks. But is this really true? Does hotel guest loyalty exist without paying for it—and if so, how?
Chinese reality show to deliver multimillion-dollar tourism boost to WA
01/24/2019
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3:04:13 PM
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Tourism Minister Paul Papalia said Tourism WA would be working with Chinese travel agents to make sure the exposure translated into bookings and a boost for the local tourism industry.
American Express acquires Japan-based restaurant booking service
01/16/2019
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3:21:59 PM
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American Express said Pocket Concierge will continue as a wholly owned subsidiary. It plans to integrate the business with its card membership services.
How hoteliers bring in additional revenue from groups
01/09/2019
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3:00:42 PM
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Effective revenue management includes knowing the needs and wants of groups, communicating with groups, embracing technologies and managing transient travelers.
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