A three-year-old events startup just found a buyer — and the speed of that exit says something about how quickly niche professional communities have become acquisition targets.
The hotel company's first branded apartment rentals, opening in Cleveland in 2027, will mark a new turn for a real-estate business that has become central to its luxury strategy.
Record second-quarter results weren't enough to keep Carnival from trimming its growth outlook — the Middle East war lasted longer than the company expected.
Most destination budgets lean heavily toward attracting first-time visitors. But this growth model is under strain — it may be time to change the equation and ask what smarter allocation would look like.
Most destinations only report how many visitors came and how much they spent. Very few report on where the money goes or what is lost when those visitors don’t come back. With destinations being asked harder questions about tourism’s benefit to local communities, per-trip yield and arrival volumes may not be enough on their own.
Most destinations’ marketing campaigns lead with what is on offer, such as price, product, or infrastructure. But the travelers who are most likely to return want to know what is on offer to them personally. Should the focus be on marketing the destination as a product, or should marketing target the traveler?
IHG is growing voco and Crowne Plaza in Thailand and plans to introduce Ruby and Noted Collection. Plus, more hotel deal and development news from APAC.