Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.
- What is the future of the Indian Hospitality Sector in 2023?
- Opening of Iceland Parliament Hotel, Curio Collection by Hilton in Iceland
- Why Nikki Beach Resort & Spa Dubai is the game-changer?
- Fairfield Inn & Suites by Marriott Kingsland, GA hotel for sale
- The Sustainable Hospitality & Tourism alliance partners with the Global Sustainable Tourism Council
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Future of the Indian Hospitality Sector in 2023
Over 200 G20 meetings are expected to be held across 55 destinations in the country during India’s G20 presidency till November 2023. The Indian hotel sector stands to gain significantly from this development, as there will be substantial incremental demand for hotels in the cities where the meetings will be held. The G20 presidency has coincided with India’s efforts to establish itself as a global MICE destination, and the smooth organization and completion of these high-profile 200+ meetings will support those efforts.
Iceland Parliament Hotel, Curio Collection opens in Iceland
New construction, reconstruction, and careful preservation maintain the important heritage of the building, presenting irresistible class to the cityscape. This new hotel is offering 163 guest rooms, family rooms, and suites – each equipped with a 55-inch HDTV, espresso machine, and mini-fridge – the hotel is a feat for design where the seven rebuilt and new buildings reflect the different eras of Icelandic history, making the Iceland Parliament Hotel a visual landmark in the city center.
Nikki Beach Resort & Spa Dubai – Game-changer for the emirate
As we overlook the super-stylish Nikki Beach pool, filled with people enjoying the winter sun, Hanna Azzi is buzzing with excitement about what the future holds for his property. Azzi has been general manager of the Nikki Beach Resort & Spa Dubai and this, the famous beach club, since 2018. A tour from Azzi includes descriptions of all the fine details that have gone into making the space what it is – a true Celebration Suite.
Fairfield Inn & Suites by Marriott Kingsland for sale
The property is less than seven miles from Kings Bay Naval Submarine Base, one of the U.S. Navy’s most important nuclear submarine bases, employing approximately 9,000 active-duty civilians and contract personnel. Its annual economic impact on the local economy is over $1.2 billion. The hotel has a stable operating cash flow and is offered unencumbered by management. There is a significant upside opportunity from completing the Marriott PIP which will allow it to lead the competitive set and exceed historical performance.
GSTC have formed a partnership to concentrate on best practice in sustainable hospitality & tourism
This new partnership will bring together the Alliance’s hospitality industry reach and measurement expertise, with the GSTC’s experience in sustainability standards and assurance, to enhance the industry’s understanding of sustainability criteria and the need to capture robust sustainability data. Together, the Alliance and the GSTC share a vision of hospitality and tourism companies working to not only meet but exceed core sustainability criteria – using consistent tools and initiatives to produce globally comparable data.
That’s all folks!
Happy New Year!