Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.
- Electric Air Travel: A dream to come true
- S hotels likely to experience a decline in leisure travels
- 33 hospitality industry stats & trends before we step in 2023
- Lemon Tree Hotels to open a new hotel in Jamshedpur, India
- Rethinking Tourism UNWTO calls Education & Investments to be the cornerstone of the industry
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Electric Air Travel might become a reality soon
The wave of electric transportation has been a breakthrough amid rapidly deteriorating environmental conditions. While electric cars have experienced a seamless integration into our present world, electric planes largely remain an uncharted area. However, many global organizations are looking at developing the appropriate technology to move towards electric air travel. Among the transportation sector, air travel services contribute significantly to the emission count. This is wildly inconsistent with the larger global decarbonization target by the United Nations (UN).
U.S hotels to see a softening in leisure travel revenue
At NAREIT REITworld conference in San Francisco, Truist said they found most management teams are resigned to leisure travel softening but are more positive and focused on the continued recovery of the laggard demand segments and markets, specifically higher-rated corporate travel, group/convention, and non-leisure urban markets such as San Francisco.
Must know 33 hospitality industry statistics that you can’t miss
As 2022 comes to a close and we gather with industry experts, peers, and colleagues to prepare for the year ahead, we find ourselves looking upon a terrain that is no longer desolate but thriving. Over the last six months, hospitality has roared back to life. There appears to be an appetite for travel that is more than ready to feast on the experiences offered by leading travel and hospitality brands. The year ahead is promising, and our industry is primed for continued growth and technological innovation. Check out the most important hospitality industry statistics and trends https://www.hospitalitynet.org/opinion/4113646.html
Lemon Tree Hotels signs for a new hotel in Jamshedpur
Lemon Tree Hotels announced its latest signing–Lemon Tree Hotel, Jamshedpur. This property will feature 42 well-appointed rooms, complemented by a multi-cuisine restaurant, a bar, a meeting room, a fitness center and banquets, and other public areas. The property is expected to be operational by September 2023. It shall be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of Lemon Tree Hotels Limited.
Education & Investments to be the cornerstone of Tourism says UMWTO
UNWTO convened its Executive Council in Marrakesh, Morocco, as the sector’s recovery continues to gather pace. Building on its year-long call for both public and private sector leaders to “rethink tourism”, UNWTO placed innovation, investments and education and youth empowerment at the centre of discussions, while also emphasizing heightened interest for transformation through Climate Action and the sector’s importance for rural development everywhere.
That’s all folks!