AMEX Forecasts Slower Hotel And Airfare Rate Hikes In 2013
Global economic uncertainty and the emergence of LCCs are likely to result in muted airfare and hotel rate increases in the coming year across Asia-Pacific (APAC), predicts American Express Global Business Travel. The TMC’s Global Business Travel Forecast 2013 anticipates that shorthaul economy airfares in APAC are expected to grow between minus one and four per cent … Continue reading
Asia Pacific tops global hotel pipeline for July: STR Global
Asia Pacific dominated the global hotel development pipeline in July, according to new data from STR Global. Asia Pacific’s hotel development pipeline in July comprised 1,641 hotels totalling 375,917 rooms. Among the region’s countries, China reported the largest number of rooms under construction with 136,424 rooms. Other countries to report a significant number of rooms … Continue reading
Sheraton Nha Trang hosts flashmob to support UNICEF
More than 100 people turned up in support NHA TRANG, Vietnam (August 8, 2012) – For 16 years, UNICEF and Starwood Hotels and Resorts have been working together to raise funds for the world’s most vulnerable children – remarkably, almost $8 million has been raised since the program began. Starwood’s Robert Scott, former Senior Vice-President, … Continue reading