Travel and Tourism DECODED
Latest edition: 16 May 2024
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Spotlight
Mastercard reveals 2024 travel trends as cruises compete with hotels
According to the Mastercard Economics Institute, consumer spending on travel and accommodation is robust.
Latest news
Choice Hotels and Air France-KLM partner for travel rewards
Choice Privileges' members can now exchange their points for Flying Blue Miles at a rate of 5,000 points to 1,000 miles.
CDL unit acquires Hilton Paris Opéra hotel in €240m deal
The 268-room hotel has further expanded CDL’s presence in the French capital city.
Travel and tourism sector deal activity down by 13.5% YoY in January-April 2024
GlobalData’s Deals Database reveals that the number of travel and tourism M&As and venture financing deals declined in January and February.
Find Out More
Truett-Hurst, announced that beginning Fall 2014 and Spring 2015, Total Wine & More, "America's Wine Superstore" will be adding several new Truett-Hurst SKU's to their wine listings.
Marriott's Tribute Portfolio hotel launches in Dubai
The hotel offers 491 guest rooms, dining options, outdoor swimming pool, a fitness centre, a business centre, and more.
Four Seasons Hotel Toronto reopens after guest rooms' renovation
Four Seasons Hotel Toronto in Canada has concluded a multi-million-dollar revamp of guest rooms, to offer improved comfort, functionality, and design.
Cloudbeds and Cendyn enter strategic partnership to boost hotel revenue
The partnership provides cross-channel connectivity, digital advertising management, and insightful analytics.
Emirates launches SAF operations at London Heathrow Airport
Emirates Airlines started operating with SAF from Shell Aviation at London's Heathrow Airport (LHR), the airline company announced on 15 May. Neat SAF, blended with conventional jet fuel, will supply more than 3,000t into the airport's fuelling infrastructure network until the end of summer 2024.
More Chinese investment in Hungarian rail?
Hungary’s Government has hinted at Chinese investment in its rail sector, following President Xi Jinping’s visit to Europe and Hungary’s President Viktor Orban.
In our previous edition
Travel and Tourism Decoded
Hyatt opens first hotel in Zimbabwe
15 May 2024
Travel and Tourism Decoded
Aresacquires Landsec's hotel portfolio in £400m deal
14 May 2024
Travel and Tourism Decoded
Hyatt Hotels reports solid start to 2024 boosted by franchise growth
13 May 2024
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