Hotel Market – Guide Global http://guideglobal.com/ Sat, 25 Sep 2021 17:16:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://guideglobal.com/wp-content/uploads/2021/05/default1.png Hotel Market – Guide Global http://guideglobal.com/ 32 32 RateGain buys hotel marketing technology ahead of IPO https://guideglobal.com/rategain-buys-hotel-marketing-technology-ahead-of-ipo/ https://guideglobal.com/rategain-buys-hotel-marketing-technology-ahead-of-ipo/#respond Sat, 25 Sep 2021 12:00:27 +0000 https://guideglobal.com/rategain-buys-hotel-marketing-technology-ahead-of-ipo/ Skift take Skift recently covered the rise of fintech (financial technology) and insurtech (insurance technology) in travel. We anticipate that you will also hear more about martech, or marketing technology, in the coming year. Sean O’Neill Travel technology company RateGain, which is set to go public on an Indian stock exchange most likely by the […]]]>

Skift take

Skift recently covered the rise of fintech (financial technology) and insurtech (insurance technology) in travel. We anticipate that you will also hear more about martech, or marketing technology, in the coming year.

Sean O’Neill

Travel technology company RateGain, which is set to go public on an Indian stock exchange most likely by the end of the year, announced at the weekend that it was buying Myhotelshop, a technology provider from hotel marketing based in Leipzig, Germany.

The companies did not disclose the terms of the deal, but said they expected to get regulatory approval within about a month.

“This acquisition makes our martech [marketing trechnology] more holistic enterprise, ”said Harmeet Singh, CEO of RateGain. “This acquisition adds more flexibility in several ways, for example by extending connectivity to metasearch platforms and by optimizing the associated auctions.”

The Myhotelshop brand will remain after the merger. Since its inception in 2012, Myhotelshop has provided tools for hotels to manage and distribute content and campaigns to meta-searches or price comparisons, resellers, online travel agencies and other partners.

“The brand complements other marketing products that we have developed since 2019,” Singh said. “We were already improving to engage customers via social media to convert and to help hotels deliver more relevant offers through their direct channels. Now we are able to do it at the meta, digital level.

IPO Travel Tech in preparation

RateGain, which has minority backing from private equity firm TA Associates, plans to raise around $ 54 million (400 crore rupees) by offering new shares in public listing.

“Not to advance it, but we see that it will very likely happen this year,” Singh said.

TA Associates owns a 22.8% stake in the technology provider through its subsidiary Wagner. They join other investors by collectively holding half of the company’s capital before the IPO. According to the documents filed, TA Associates will sell the majority of its shares, 17 million, in the initial public offering.

Improve the revenue image

Today, RateGain is at around 70 percent of pre-crisis income levels. Going forward, around March and April 2022, RateGain expects the “business operating rate” to exceed what it was at the pre-pandemic stage.

In India, the fiscal year for companies ends on March 31. The company expects a recovery in the fourth quarter consistent with a pickup in domestic travel during peak travel season in India, in addition to expected resilience in the United States and Europe.

“The catalyst for growth has basically been the expansion of our distribution business,” Singh said.

At the same time, RateGain has many hotel customers in the United States, which have experienced a faster recovery in domestic travel than in India and some other markets, in part due to relatively higher immunization levels.

Singh said he expects further revenue growth from the company’s recently launched products. Some of its tools aim to apply artificial intelligence to the analysis of demand trends for individual properties and markets. Other tools have tried to help hoteliers set rates to better match demand.

Development of hotel software

Like many other providers who help travel agencies set room rates, RateGain has had to retool its back-end technology in response to the unusual conditions of the pandemic. Historical data was not predictive of pandemic and post-pandemic reservation models. So the company called on data scientists to build and improve applications, identifying new metrics – outside of traditionally tracked ones – that have proven to be more predictive under current circumstances.

Over the next six months, RateGain will focus on the initial public offering and the integration of its latest acquisition.

“Once the deal is done, the next 180 days will be spent integrating Myhotelshop’s technology and accelerating its sales growth,” Singh said.

“They were already at double-digit growth rate in Germany,” Singh said. “We are looking to expand its market across Europe in part by selling to our installed customer base. “

Singh also said his company would keep an eye out for any further acquisitions – and those would be more likely than not in distribution and marketing technology.


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Pet Hotel Market 2021, Growth, Share, Types and Key Players | https://guideglobal.com/pet-hotel-market-2021-growth-share-types-and-key-players/ https://guideglobal.com/pet-hotel-market-2021-growth-share-types-and-key-players/#respond Sat, 25 Sep 2021 07:59:11 +0000 https://guideglobal.com/pet-hotel-market-2021-growth-share-types-and-key-players/ Pet Hotel Market 2021 The Global Pet Hotel Market Research Report 2021 is a professional and in-depth study on the current state of the Pet Hotel market. This report studies the Pet Hotel market with many aspects of the industry such as market size, market status, market trends and forecast, the report also provides brief […]]]>

Pet Hotel Market 2021

The Global Pet Hotel Market Research Report 2021 is a professional and in-depth study on the current state of the Pet Hotel market.

This report studies the Pet Hotel market with many aspects of the industry such as market size, market status, market trends and forecast, the report also provides brief information about the competitors. and specific growth opportunities with the main market drivers. Find the complete analysis of the Pet Hotel market segmented by Company, Region, Type and Applications in the report.

New suppliers in the market face fierce competition from established international suppliers as they grapple with issues of technological innovations, reliability and quality. The report will answer questions about current market developments and the extent of competition, opportunity cost and more.

The main players covered by the pet hotel market: PetSmart, PETCO Animal Supplies, Best Friends Pet Care, Boston Dog Company, Rover, Woof Gang Bakery, Buckhead Pet Sitting Services, Heritage Pet, Camp Bow Wow, House and Hound Care, The Loudoun Pet Sitting Co, Pets & Company, Pet Paradise, Dogtopia, Holidog, Krisers, SWAT Pets.

Get a sample copy @ https://www.reportsandmarkets.com/sample-request/global-pet-hotel-market-4345377?utm_source=openpr&utm_medium=14

The final report will add the post impact analysis of Covid-19 to this report on the pet hospitality industry.

The report discusses the different types of solutions for the pet hotel market. While the regions considered within the scope of the report include North America, Europe, and various others. The study also focuses on how the growing threats to digital security are changing the market scenario.

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also shows import / export consumption, supply and demand figures, costs, prices, revenues and gross margins.

This report focuses on the global Pet Hotel status, future forecast, growth opportunities, key market and major players. The objectives of the study are to present the development of Pet Hotel in the United States, Europe, China, Japan, Southeast Asia, India and Central and South America.

The Pet Hotel Market is a comprehensive report which offers a meticulous overview of market share, size, trends, demand, product analysis, application analysis, outlook regional, competitive strategies, forecasts and strategies impacting the pet hotel industry. The report comprises a detailed analysis of the competitive landscape of the market, using detailed business profiles, SWOT analysis, project feasibility analysis, and several more details about the key companies operating in the market.

The study objectives of this report are:
To study and forecast the market size of Pet Hotel in the global market.
To analyze global major players, SWOT analysis, global top players value and market share.
Define, describe and forecast the market by type, end use and region.
Analyze and compare the market status and forecasts between the main regions of the world.
To analyze the global market potential and benefits of key regions, opportunities and challenges, restraints and risks.
Identify trends and important factors that are driving or inhibiting the growth of the market.
Analyze market opportunities for stakeholders by identifying high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
Analyze competitive developments such as extensions, agreements, new product launches and acquisitions in the market.
To draw up a strategic profile of the main players and to analyze in depth their growth strategies.

Learn more about this report @ https://www.reportsandmarkets.com/sample-request/global-pet-hotel-market-4345377?utm_source=openpr&utm_medium=14

The Pet Hotel market research report completely covers the vital statistics of the capacity, production, value, cost / profit, import / export supply / demand, divided by company and country, and by application / type for the best possible representation of up-to-date data in figures, tables, pie charts and graphs. These data representations provide predictive data regarding future estimates to convince the market growth. The detailed and comprehensive knowledge of our editors allows us to think outside the box in the event of market analysis.

Key questions answered in this report
What will the market size be in 2028 and what will the growth rate be?
What are the main market trends?
What is driving this market?
What are the challenges of market growth?
Who are the main suppliers of this market space?
What are the market opportunities and threats facing major vendors?
What are the strengths and weaknesses of the main suppliers?

Contents
Part 1: Overview of the Global Pet Hotel Market
Part 2: Analysis of Pet Hotel Market Data
Part 3: Analysis of technical data of pet hotels
Part 4: Pet Hotel Policy and Government News
Part 5: Manufacturing process and cost structure of Global Pet Hotel Market
Part 6: Pet Hotel Productions Supply Sales Demand Market Status and Forecast
Part 7: Pet Hotel Key Manufacturers
Part 8: Upstream and Downstream Industry Analysis
Part 9: Marketing Strategy – Pet Hotel Analysis
Part 10: Analysis of Development Trends of Pet Hotels
Part 11: Investment Feasibility Analysis of New Project in Global Pet Hotel Market

About Us:
Reports and Markets is not just another company in this field, but part of a veteran group called Algoro Research Consultants Pvt. Ltd. It offers premium quality progressive statistical surveys, market research reports, analysis and forecast data for a wide range of industries, both for government and private agencies around the world. The company’s database is updated daily. Our database contains a variety of verticals such as: food drinks, automotive, chemicals and energy, IT and telecommunications, consumer, healthcare and many more. Each report goes through the appropriate research methodology, verified by professionals and analysts.

Contact us:
Sanjay Jain
Manager – Partner Relations & International Marketing
www.reportsandmarkets.com
Phone. : + 1-352-353-0818 (United States)

This version was posted on openPR.


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Sonoma County’s economic recovery strengthens, but delta variant threat looms https://guideglobal.com/sonoma-countys-economic-recovery-strengthens-but-delta-variant-threat-looms/ https://guideglobal.com/sonoma-countys-economic-recovery-strengthens-but-delta-variant-threat-looms/#respond Fri, 24 Sep 2021 16:21:39 +0000 https://guideglobal.com/sonoma-countys-economic-recovery-strengthens-but-delta-variant-threat-looms/ “Nervous households are less likely to spend, and the recent declines in travel and consumer discretionary buying bear this out,” McBride said. Consumer spending will be critical at the end of the year, said Eyler, Sonoma state economist. Many people may not buy homes and cars and take trips if the coronavirus increases in the […]]]>

“Nervous households are less likely to spend, and the recent declines in travel and consumer discretionary buying bear this out,” McBride said.

Consumer spending will be critical at the end of the year, said Eyler, Sonoma state economist. Many people may not buy homes and cars and take trips if the coronavirus increases in the fall.

Saving and accumulating wealth is an “unpleasant compromise,” he said, because it’s good for long-term economic growth, but spending fuels the economy in the short term.

Consumers “shouldn’t be afraid that we’re taking another break,” the economist said, but they “shouldn’t go wild” buying big-ticket items either.

Eyler does not expect a full local recovery, with an unemployment rate of 3% to 3.5%, before the end of 2022 or sometime in 2023.

What happens over the next six months, he said, will largely determine when the county’s labor market finally returns to its strongest position with a similar job at the end of 2019, before the pandemic suddenly turned off the local economy in the first quarter of last year.

In the fall, Eyler predicted a downturn in the job market with the end of seasonal summer jobs, especially in restaurants, hotels and bars. With the uncertainty of the pandemic, potential fires and lingering supply chain problems frustrating businesses at all levels, many industries concerned about rising costs of doing business could cut back on hiring.

Employers forced to strengthen public health

In mid-September, the country hit a grim milestone of 1 in 500 people dying from COVID-19, and a death toll of 663,000, according to the Centers for Disease Control and Prevention.

In California, 1 in 590 people have died from the contagion.

To prevent the economic recovery from stagnating in the fourth quarter, President Joe Biden decided in September to hold companies accountable to help contain the spread of the virus. The administration’s planned vaccination mandates, which are said to affect nearly two-thirds of the U.S. workforce, are the most significant government intervention in private businesses and employer practices since the start of the pandemic.

The requirement being developed by the US Department of Labor would apply to companies with 100 or more workers. These employees should be fully vaccinated or show a negative virus test result every week.

In Sonoma County, earlier this month, a similar vaccination mandate with a weekly testing alternative went into effect for the county’s 4,400 workers and area first responders. County health official Dr Sundari Mase also urged local private sector employers to make vaccination a requirement for employment, but stopped before issuing a vaccination warrant.

Meanwhile, Eyler predicts the county will end 2021 with an unemployment level of 4.5% or less. This would mark a big rebound after starting the year at 7.1%, but would remain well north of the 2.6% unemployment mark in December 2019. This is the pre-pandemic benchmark that the economist uses to measure the pace and gains of the post-pandemic recovery. At that time, the local civilian workforce was 255,100, of which 248,500 were active and 6,500 were unemployed.

Critical hotel sector

A major driver of the county’s economic engine is the leisure and hospitality sector, hardest hit by the economic fallout that resulted in the loss of 14,000 jobs at the start of the pandemic.

Although public health restrictions were fully lifted in June and nearly twice as many workers have been unemployed since late 2019, most local restaurateurs and hoteliers continue to grapple with the thorny issue of hiring employees. a full staff.

Jerry Nickelsburg, professor of economics at UCLA, said hotel operators statewide created 150,000 jobs from May to July, an encouraging sign for North Bay.

Additionally, the surge in domestic travel in early summer helped the county, he said.

“Sonoma County generally caters to domestic tourists,” said Nickelsburg, director of UCLA Anderson’s faculty of economic forecasting and a native of Santa Rosa.

On returning visitors, hotel occupancy rates reached 77% in July. That’s slightly below the 81% in July 2019, according to STR Inc., a national hotel affairs tracker.

Hotels in August saw a reduction in guest numbers due to the delta variant, said Claudia Vecchio, general manager of Sonoma County Tourism, the local agency responsible for promoting the industry.

“In June and July, we thought we were going out of the pandemic. … We roared back, ”Vecchio said. “It certainly didn’t continue.”


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From hotels to retailers, Chicago’s staff shortage crisis persists – and it’s affecting customers – CBS Chicago https://guideglobal.com/from-hotels-to-retailers-chicagos-staff-shortage-crisis-persists-and-its-affecting-customers-cbs-chicago/ https://guideglobal.com/from-hotels-to-retailers-chicagos-staff-shortage-crisis-persists-and-its-affecting-customers-cbs-chicago/#respond Thu, 23 Sep 2021 23:30:00 +0000 https://guideglobal.com/from-hotels-to-retailers-chicagos-staff-shortage-crisis-persists-and-its-affecting-customers-cbs-chicago/ CHICAGO (CBS) – Our bars and restaurants aren’t the only ones affected by an ongoing labor shortage – other businesses across Chicago are taking a hit that’s already affecting customers. As CBS 2’s Tara Molina reported, businesses, from hotels to retailers and beyond, have felt the pinch. They’re finally back after a tough year and […]]]>

CHICAGO (CBS) – Our bars and restaurants aren’t the only ones affected by an ongoing labor shortage – other businesses across Chicago are taking a hit that’s already affecting customers.

As CBS 2’s Tara Molina reported, businesses, from hotels to retailers and beyond, have felt the pinch. They’re finally back after a tough year and a half, but with this shortage of workers, many have said they’re capping occupancy rates – and still can’t open at full capacity – because they don’t have everything. you just don’t need people to do it.

READ MORE: Police, SPC step up security measures at schools after shootings killed 2 students at Simeon Career Academy, social media threats appear to be directed at Simeon and other schools

They are not alone.

You’ve probably come across businesses with shorter hours and higher prices, and which are closed more days of the week.

“So it has a variety of implications,” said Rob Karr, president and CEO of the Illinois Retail Merchants Association.

These are just a few of the changes you may have already noticed, or will notice, due to the labor shortage.

“We just hear it’s a problem across the board,” Karr said.

“Fifty percent of our members nationwide can’t fill some of the job openings they have,” said Mark Grant, state director of the National Federation of Independent Businesses.

These are continuous openings, and an ongoing shortage, we are told, is affecting young and old here in Chicago. Business leaders said retailers in the region have already been forced to make changes.

“What if you can’t be open for as many hours as you want?” This will reduce your bottom line, ”Grant said.

This is just another part of a bigger hit on the end result.

“We don’t see, you know, two and a half to 3 million people a day going through downtown,” Karr said. “You know, tourism levels are nowhere near where they were before the pandemic.”

It also takes a significant stake in an industry already hit by the pandemic – hotels.

“It was devastating,” said Michael Jacobson, president of the Illinois Hotel and Lodging Association.

Jacobson said staffing issues were seen at all hotels and some have had to curtail their activities as a result.

Jacobson said that despite new incentives and full benefits, hotels are still struggling statewide.

“We had about a third of our workforce – over 20,000 hotel workers – out of work,” he said.

READ MORE: Weather in Chicago: Warm winds Friday

He said many have found other jobs, and now some hotels in the area that are in high demand again simply cannot accommodate it anymore.

“We still face staffing issues in both frontline hourly and managerial positions,” he said. “This has led some hotels to state that they have to limit room sales on certain nights because they do not have enough staff to accommodate 100% occupancy.”

Jacobson said the association has organized recruiting events – and noted that one can build a career in the hospitality industry.

“We have organized several recruitment events in recent months and we are constantly striving to inform job seekers that a career in a hotel has great benefits and growth opportunities,” he said. “It’s not just a dead end job.”

He also said hotels have not been a major source of the spread of COVID-19 since the summer and have done everything possible to protect workers.

“One important thing to note is that of all the outbreaks reported statewide by the IDPH, since July 1, when the state fully reopened, only two have been reported in hotels,” said Jacobson. “So beyond the vaccination efforts, the extra measures hotels have taken to protect workers and guests are obviously effective in keeping everyone safe. There are 39 other categories / types of places and workplaces that have experienced a higher number of outbreaks than hotels. “

Meanwhile, Molina asked Karr if he could consider a timeline for ending the worker shortage and getting back to normalcy.

“I could make a lot of money, Tara, if I knew the answer to that question,” Karr replied.

Vaccination requirements are also at stake here, as nationally, we are told there has been a reluctance to apply for jobs that will require vaccination.

In Chicago, many companies are still interpreting the vaccine mandate to see how it plays out.

Jacobson said many member hotel companies are working to prepare for the COVID-19 vaccination mandate announced by President Joe Biden – some offering cash incentives for employees to get vaccinated, and some bringing vaccination clinics into hotels.

At the end of the day, businesses are in a Catch022 because they want to make up for the losses of the past eighteen months, but they don’t have the people to operate at full capacity, especially as the holiday season approaches.

The concern we heard on Thursday is that people won’t want to deal with changes in schedules and customer service, so they’ll just turn to online retailing – something that could kill the small businesses that have been most affected.

CBS 2 is committed to Work for Chicago, putting you in touch every day with information that you or a loved one might need on the job market and helps you remove obstacles to your return to work.

NO MORE NEWS: Look for a stolen dog groomer transport van with 3 dogs inside in Lakeview

We will continue to uncover information every day to help this community get back to work, until the jobs crisis passes. CBS 2 has several useful items here on our website, including an overview of specific companies that are hiring and information from the state on how best to file for unemployment benefits while waiting.


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The luxury hotel market will experience massive growth by 2026 | Marriott International, Hilton and Hyatt Hotels https://guideglobal.com/the-luxury-hotel-market-will-experience-massive-growth-by-2026-marriott-international-hilton-and-hyatt-hotels/ https://guideglobal.com/the-luxury-hotel-market-will-experience-massive-growth-by-2026-marriott-international-hilton-and-hyatt-hotels/#respond Wed, 22 Sep 2021 19:42:38 +0000 https://guideglobal.com/the-luxury-hotel-market-will-experience-massive-growth-by-2026-marriott-international-hilton-and-hyatt-hotels/ Latest industrial growth study of global luxury hotel market 2021-2027. A detailed study accumulated to offer the latest insight into the acute characteristics of the luxury hotel market. The report contains various market forecasts related to revenue size, production, CAGR, consumption, gross margin, price, and other important factors. While emphasizing on the major driving and […]]]>

Latest industrial growth study of global luxury hotel market 2021-2027. A detailed study accumulated to offer the latest insight into the acute characteristics of the luxury hotel market. The report contains various market forecasts related to revenue size, production, CAGR, consumption, gross margin, price, and other important factors. While emphasizing on the major driving and restraining forces in this market, the report also offers a comprehensive study of future trends and developments in the market. It also examines the role of major market players involved in the industry, including their company overview, financial summary, and SWOT analysis.

The main players covered in this report: Four Seasons Holdings, Marriott International, Starwood Hotels & Resorts (Marriott), ITC Hotels Limited, Hilton, InterContinental Hotels Group PLC, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Jumeirah International LLC, Hyatt Hotels, Kerzner International Resorts and Shangri-La International Hotel Management Ltd.

Luxury Hotel Market Study guarantees you to stay / stay advised higher than your competition. With tables and structured figures examining the luxury hotel, the research paper provides you with a leading product, submarkets, revenue size, and forecast to 2027. By comparison, it also ranks emerging leaders as well as industry leaders. Click for a PDF EXAMPLE of Luxury Hotel Market (Including Full Table of Contents, Table & Figures) @ https://www.htfmarketreport.com/sample-report/3210441-global-luxury-hotel- market-11

This study also covers company profiling, product specifications and image, sales, market share and contact details of various regional, international and local vendors of the global luxury hotel market. The market proposition grows frequently with increasing scientific innovation and M&A activity in the industry. In addition, many local and regional vendors offer specific application products for various end users. New merchant candidates in the market find it difficult to compete with international suppliers on the basis of reliability, quality and modernity of technology.

Read the detailed index of the full research study at @ https://www.htfmarketreport.com/reports/3210441-global-luxury-hotel-market-11

The titled segments and subsections of the market are illuminated below:
In-depth analysis of global luxury hotel market segments by types:, business hotel, suite hotel, airport hotel and resort hotel
Detailed analysis of global luxury hotel market segments by applications: bedroom, F&B, SPA and others

Main key players in the market: Four Seasons Holdings, Marriott International, Starwood Hotels & Resorts (Marriott), ITC Hotels Limited, Hilton, InterContinental Hotels Group PLC, The Indian Hotels Company Limited, Mandarin Oriental International Limited, Jumeirah International LLC, Hyatt Hotels, Kerzner International Resorts & Shangri- The International Hotel Management Ltd.

Regional Analysis Of Global Luxury Hotel Market:
• APAC (Japan, China, South Korea, Australia, India and rest of APAC; the rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, rest of Europe; the rest of Europe is divided into Belgium, Denmark, Austria, Norway, Sweden, Netherlands, Poland, Czech Republic , Slovakia, Hungary and Romania)
• North America (United States, Canada and Mexico)
• South America (Brazil, Chile, Argentina, rest of South America)
• MEA (Saudi Arabia, United Arab Emirates, South Africa)

In addition, the years considered for the study are as follows:
Historical year – 2015-2020
Baseline year – 2020
Forecast period ** – 2021 to 2027 [** unless otherwise stated]

** In addition, it will also include the opportunities available in the micro-markets for stakeholders to invest, a detailed analysis of the competitive landscape and product services of the major players.

Buy the latest edition of the Market Research Now @ https://www.htfmarketreport.com/buy-now?format=1&report=3210441

Key Points of the Global Luxury Hotel Market Report:
– Detailed consideration of the specific drivers of the luxury hotel market, trends, constraints, constraints, opportunities and the main micro-markets.
– Comprehensive assessment of all prospects and threats in the
– In-depth study of industry strategies for growth of key players in the Luxury Hotel market.
– Latest innovations and major procedures in the luxury hotel market.
– Favorable dive into the latest high-tech and market trends remarkable vigorous of the market.
– Conclusive study on the growth conspiracy of the Luxury Hospitality market for the years to come.

What to expect from this report on Luxury Hospitality Market:
1. A comprehensive summary of several regional distributions and types of product summaries popular in the luxury hotel market.
2. You can repair the growing databases for your industry when you have information on cost of production, cost of products, and cost of production for the next few years to come.
3. In-depth assessment of the introduction of new companies wishing to enter the luxury hospitality market.
4. How exactly do larger companies and mid-tier companies generate income in the market?
5. Perform global development research within the luxury hotel market that helps you choose the growths for the product launch and review.

Inquire For Customization In Report @ https://www.htfmarketreport.com/enquiry-before-buy/3210441-global-luxury-hotel-market-11

Detailed Table of Contents of Luxury Hotel Market Research Report-

– Presentation of luxury hotels and market overview
– Luxury hospitality market, by application [Room, F&B, SPA & Others]
– Chain analysis of luxury hotel industry
– Luxury hotel market, by type [, Business Hotel, Suite Hotel, Airport Hotel & Resorts Hotel]
– Industry Manufacturing, consumption, export, import by regions (2015-2020)
– Industry value ($) by region (2015-2020)
– State of the luxury hotel market and SWOT analysis by regions
– Major region of the luxury hotel market
i) Global sales of luxury hotels
ii) Global luxury hotel revenue and market share
– List of large companies
– Conclusion

Thank you for reading this article; you can also get section by chapter or report version by region like North America, MINT, BRICS, G7, Western / Eastern Europe or Southeast Asia. In addition, we can offer you personalized search services, as HTF MI holds a repository of databases that includes public organizations and millions of private companies with expertise in various areas of the industry.

About the Author:
HTF Market Intelligence consulting is uniquely positioned to empower and inspire research and advisory services to empower companies with growth strategies, delivering services with extraordinary depth and breadth of thought leadership, research, tools, events and experiences that aid in decision making.


Contact us:
Craig Francis (Public Relations and Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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Turkish hotels need serious debt help, industry official says https://guideglobal.com/turkish-hotels-need-serious-debt-help-industry-official-says/ https://guideglobal.com/turkish-hotels-need-serious-debt-help-industry-official-says/#respond Wed, 22 Sep 2021 10:06:00 +0000 https://guideglobal.com/turkish-hotels-need-serious-debt-help-industry-official-says/ A member of staff at the Four Seasons Sultanahmet Hotel disinfects a room as she checks the hotel’s readiness for the Healthy Tourism Certificate program aimed at convincing travelers despite the spread of coronavirus disease (COVID-19 ), in Istanbul, Turkey, on May 21, 2020 REUTERS / Umit Bektas ISTANBUL, Sept. 22 (Reuters) – Turkish hotels […]]]>

A member of staff at the Four Seasons Sultanahmet Hotel disinfects a room as she checks the hotel’s readiness for the Healthy Tourism Certificate program aimed at convincing travelers despite the spread of coronavirus disease (COVID-19 ), in Istanbul, Turkey, on May 21, 2020 REUTERS / Umit Bektas

ISTANBUL, Sept. 22 (Reuters) – Turkish hotels are heavily in debt and need “serious support” to repay their loans as they recover from the coronavirus pandemic, the president of the Association of Turkey hotels (TUROB).

Speaking at a meeting on the outlook for the sector, Muberra Eresin said the association will meet with the Turkish Banking Association to discuss the debt issue in the coming days.

Hotels need their payments to be deferred, she said.

Turkey’s tourism sector accounts for over 10% of the economy, attracting vital hard currencies to offset a heavy trade deficit. Foreign arrivals this year have rebounded sharply from last year, but remain well below pre-pandemic levels.

While the Russian market has performed well, Germany’s classification of Turkey as a high-risk country last month hurt the sector. Turkey’s UK Red List – which ended last week – has hit hotels heavily reliant on the UK market.

TUROB’s Eresin said the average occupancy rate for hotels that were able to open this season was 44% in the first eight months of the year, compared to 67% for all hotels in 2019.

She said 20% of Istanbul hotels were still closed due to the pandemic and that they planned to open early next year.

Reporting by Ceyda Caglayan; Written by Ali Kucukgocmen; Editing by Jonathan Spicer

Our Standards: Thomson Reuters Trust Principles.


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Eric Adams touts hotel conversions as part of plan to tackle homelessness in New York https://guideglobal.com/eric-adams-touts-hotel-conversions-as-part-of-plan-to-tackle-homelessness-in-new-york/ https://guideglobal.com/eric-adams-touts-hotel-conversions-as-part-of-plan-to-tackle-homelessness-in-new-york/#respond Tue, 21 Sep 2021 17:17:34 +0000 https://guideglobal.com/eric-adams-touts-hotel-conversions-as-part-of-plan-to-tackle-homelessness-in-new-york/ The Democratic mayoral candidate has said he wants to convert closed housing outside Manhattan into 25,000 permanently affordable supportive housing units. Although his plan is light on the details, it thrills housing advocates. David Marque Eric Adams announced in Brooklyn on Monday that he plans to convert struggling hotels into homeless housing. The empty 39th […]]]>

The Democratic mayoral candidate has said he wants to convert closed housing outside Manhattan into 25,000 permanently affordable supportive housing units. Although his plan is light on the details, it thrills housing advocates.

David Marque

Eric Adams announced in Brooklyn on Monday that he plans to convert struggling hotels into homeless housing.

The empty 39th Street hotel in Sunset Park first closed in 2015 after a police raid revealed it to be a brothel. The following year, the Flushing-based property owner leased the place to a new operator, who quickly changed the name. The Phoenix Hotel was meant to hint at a fresh start, though many neighbors wanted a school on the site instead.

Then the Phoenix sank. The barricaded hull, with grimy curtains still hanging from the windows, is one of three hotels located on a two-block stretch of 39th Street.


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City Snapshot: Nanjing’s Hotel Supply Increases by 10,000 Rooms [Infographic] https://guideglobal.com/city-snapshot-nanjings-hotel-supply-increases-by-10000-rooms-infographic/ https://guideglobal.com/city-snapshot-nanjings-hotel-supply-increases-by-10000-rooms-infographic/#respond Tue, 21 Sep 2021 04:07:30 +0000 https://guideglobal.com/city-snapshot-nanjings-hotel-supply-increases-by-10000-rooms-infographic/ A quick glance at the TOPHOTELPROJECTS construction database highlights the rapid growth of the hospitality industry in Nanjing, one of China’s cultural powerhouses. Our research indicates that 46 new hotels with 9,648 rooms are currently being prepared for the capital of Jiangsu Province. Here we take a closer look at how the city’s hotel market […]]]>

A quick glance at the TOPHOTELPROJECTS construction database highlights the rapid growth of the hospitality industry in Nanjing, one of China’s cultural powerhouses.

Our research indicates that 46 new hotels with 9,648 rooms are currently being prepared for the capital of Jiangsu Province. Here we take a closer look at how the city’s hotel market will develop over the next few years.

Nanjing hotel openings by year

During the last months of 2021, seven hotels with 1,352 keys will open their doors, while 14 other projects and 2,793 rooms are expected to be completed in 2022.

However, 2023 will be even busier, with 19 properties and 3,998 keys expected to open. Then, for 2024 and beyond, only six programs and 1,505 rooms have been registered so far – but more will likely be announced later.

Of the 46 new hotels in Nanjing, 26 have been reserved for the four-star category. The other 20 are firmly focused on the luxury five-star segment.

Stunning New Hotels Coming To Nanjing Soon

Starting with a five-star lifestyle property, 300-key W Hotel Nanjing Huaqiao City will launch within a short distance of major attractions like Xuanwu Lake, Nanjing Mem Sun Yat-sen Botanical Garden and Purple Mountain from here. mid-2022. Its impressive architectural design will be based on traditional elements such as walkways, lamps and folding fans. Guests will find these recurring elements in the property’s facilities, which include fitness and wellness areas, as well as conference and event rooms.

Just down the road, the Hualuxe Hotel Nanjing Qinhuai South will open in early 2023. The 200-room property will be primarily aimed at business travelers who will no doubt appreciate its proximity to major employers and the fact that it incorporates numerous on-site meetings and event facilities.

Later this year, the Nanjing Marriott Hotel Agile Huigang City will debut in the same neighborhood. Located in the Nanjing Binjiang Free Zone along the Yangtze River, this 200-key hotel will be part of a large mixed-use development, including residential towers, office buildings, luxury retail and even a park. theme.


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Significant increase in staff shortages https://guideglobal.com/significant-increase-in-staff-shortages/ https://guideglobal.com/significant-increase-in-staff-shortages/#respond Mon, 20 Sep 2021 17:09:33 +0000 https://guideglobal.com/significant-increase-in-staff-shortages/ Business leaders as well as unions say the job market is still struggling to settle after the turmoil caused by coronavirus-related closures and other measures, indicating a high number of vacancies despite the rebound in the economic activity. Data recently released by Eurostat and Cystat show that vacancies at the end of the second quarter […]]]>

Business leaders as well as unions say the job market is still struggling to settle after the turmoil caused by coronavirus-related closures and other measures, indicating a high number of vacancies despite the rebound in the economic activity.

Data recently released by Eurostat and Cystat show that vacancies at the end of the second quarter of this year stood at 7,397, an increase of 77.3% compared to the same quarter last year.

This is the largest increase across the EU for this measure.

Most job vacancies are sought in restaurants and hotels, which also have the highest number of registered unemployed.

The number of unemployed in these two sectors stood at 5,595 at the end of August. Next is the wholesale and retail industry, with 5,164 people unemployed.

New entrants to the labor market amounted to 2,087 people and 1,979 people in construction.

Filokypros Rousounides, director of the hotel association, told the Stockwatch newspaper about the problems of recruiting staff.

“There are not enough people available who could be employed in the hospitality industry. Due to the pandemic, many seasonal workers left and never returned, ”he said.

At the same time, uncertainty over job security in the hospitality industry has led a number of workers to quit and change careers.

Fanos Leventis, head of the association of owners of leisure establishments, said that despite the high number of registered unemployed people, when these people are contacted by companies, they often say that they are not interested.

Bars and other leisure establishments cannot find specialized staff, he added, and efforts are underway to employ third-country nationals.

For his part, Marios Tsiakis of the Chamber of Commerce and Industry, said he raised the issue of the lack of workers with the Minister of Labor.

He also noted that a large number of EU nationals with work permits here have returned to their countries – and that Cypriots are unwilling to accept these jobs.

But he added another parameter – many benefit recipients have stopped looking for full-time work, instead finding part-time jobs to supplement their income.

“For this reason, companies want to be allowed to employ workers from non-EU countries, or asylum seekers or foreign students when permitted,” Tsiakis told Stockwatch.

Pambis Kiritis, leader of the left-wing union PEO, spoke of a shortage of unskilled labor, observed mainly in the hotel industry.

He also said recent college graduates were not easily absorbed into the job market.


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Travel, hotel stocks are buzzing today. The right time to buy these stocks? https://guideglobal.com/travel-hotel-stocks-are-buzzing-today-the-right-time-to-buy-these-stocks/ https://guideglobal.com/travel-hotel-stocks-are-buzzing-today-the-right-time-to-buy-these-stocks/#respond Mon, 20 Sep 2021 06:19:05 +0000 https://guideglobal.com/travel-hotel-stocks-are-buzzing-today-the-right-time-to-buy-these-stocks/ The values ​​of tourism, hospitality, travel and airlines are in turmoil during Monday’s session. Shares of Indian hotels, cottage hotels and Lemon Tree hotels jumped more than 5% in early deals. Shares of airlines like SpiceJet also rose more than 4% on BSE, with airlines now allowed to operate domestic flights at a maximum of […]]]>

The values ​​of tourism, hospitality, travel and airlines are in turmoil during Monday’s session. Shares of Indian hotels, cottage hotels and Lemon Tree hotels jumped more than 5% in early deals. Shares of airlines like SpiceJet also rose more than 4% on BSE, with airlines now allowed to operate domestic flights at a maximum of 85% of capacity before Covid, up from 72.5% previously.

Analysts said these travel-related stocks had increased thanks to the momentum to reopen in India, in addition, airlines are allowed to operate with 85% capacity.

“India may soon open the doors to foreign tourists is another big reason for a strong recovery in hotel stocks. The overall outlook for the travel and tourism sector is very optimistic due to the changing fashion. life, government support and attractive valuations. Therefore, investors may seek investment opportunities in this space, but in the short term, we may see some correction in this space as well as the market in its together because there are global indices, ”said Santosh Meena, research director, Swastika Investmart.

Meena said the Indian hotel will remain her top choice in the hotel space because of its solid pedigree and business. He also expects IndiGo to continue to outperform as airline stocks may remain the preferred choice of institutional investors due to its leadership in the space.

Shares of IndiGo’s parent company, InterGlobe Aviation, hit a new high in Friday’s session as the gradual lifting of restrictions and increased pace of vaccinations led to an increase in domestic passenger air traffic, which could be a key trigger for airline actions.

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