Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.
- In 2024, ATM will tackle sustainability and innovation in aviation
- Hilton ramps up lifestyle expansion with Graduate Hotels addition
- Marriott signs deal to bring JW Marriott to Greece with Vasilakis SA
- Amsterdam and New York named top business travel spots in 2023
- Leisure Hotels Group launches ‘Sociotel’ concept
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ATM 2024 focuses on aviation sustainability and innovation
Exploring the future of aviation, Arabian Travel Market (ATM), which takes place from 6-9 May at the Dubai World Trade Centre, will host prominent international airlines and aircraft manufacturers to discuss the latest industry innovations and solutions. Transformative areas that are likely to be high on the agenda are sustainability and the role of startups and innovators in transporting the industry into the next era. Mark your calendars! RateTiger is taking Dubai by storm from May 6th to 9th! Find us in Hall 4, Booth TT4102.
Hilton boosts lifestyle expansion, adds Graduate Hotels
Hilton announced an agreement with Adventurous Journeys Capital Partners (AJ Capital) to acquire the Graduate Hotels brand, adding a growth opportunity for the global hospitality leader in the lifestyle hotel market. Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide, enter into franchise agreements for all existing and signed pipeline Graduate Hotels, and become responsible for the brand’s future development and growth. AJ Capital will remain the owner of the more than 35 operating and pipeline Graduate properties, each of which will be operated under long-term Hilton franchise agreements.
Marriott inks deal to debut JW Marriott in Greece with Vasilakis SA
Marriott International, Inc. announced it has signed an agreement in collaboration with Vasilakis SA to bring the JW Marriott brand to Greece. Anticipated to open in 2025, JW Marriott Crete Resort & Spa will span 100 acres of coastal beauty and will be a haven for travellers who seek a luxury escape paired with exceptional service and holistic well-being experiences. SWOT Hospitality, known for its expertise in managing luxury hotels across Greece, will collaborate with Vasilakis SA and Marriott International as the third-party operator for the franchised property.
Amsterdam and New York named top business travel spots in 2023
BCD Travel’s 2023 edition of Cities & Trends Europe indicates that Amsterdam and New York rank as the top destinations for European business travelers, with Germany and the United States emerging as the most favored countries. This analysis is grounded in the collection of flight and car rental data from various European markets in 2023.
Leisure Hotels Group introduces new ‘Sociotel’ concept
Experience the coastal charm with dynamic social stays at Bedzzz Xclusiv, Morjim, Goa. Leisure Hotels Group (LHG), an experiential resort chain in North India and the largest across Uttarakhand, announces the launch of its newest venture, Bedzzz Xclusiv, Morjim, Goa. Expressing his enthusiasm at the imminent launch, Vibhas Prasad, Director of Leisure Hotels Group, stated, “The addition of Bedzzz Xclusiv, Morjim, Goa marks a significant milestone in our pan-India expansion journey while bolstering unique verticals within the Group.
That’s all folks!