Royal Caribbean Group's CEO Jason Liberty has a strategy to push his customer base upmarket. Liberty believes there's more willingness among consumers to pay more for premium leisure travel than previously assumed.
Saudi may not hit all its targets, but for CEO Sebastien Bazin, that misses the point: "Even if it’s only half achieved, that’s a remarkable half,” he says.
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As Thailand embarks on this transformation, it would be interesting to watch how it navigates the challenges and opportunities that come with becoming an aviation powerhouse.
The latest offer includes a 38% general pay raise over four years. The union urged its members to vote in favor of the proposal to avoid a “regressive or lesser offer in the future.”
Hyatt's larger rivals are racing to plant flags in every market. Hyatt is more selective and believes the payoff will be in attracting high-end consumers to its loyalty program.