Asia Pacific hotels to see 2013 meetings revenue uptick: AmEx
Asia Pacific, with its relatively strong economy, is likely to see the strongest growth among regions in both spending and the number of meetings in 2013, according to new data from American Express. The number of meetings in Asia Pacific is expected to increase 6.4% while the overall meeting spend will increase 4.2%. In North … Continue reading
Vietnam Takes Lead In Hotel Growth In Asia
The hotel sector in Asia is expected to grow strongly with a compound annual growth rate (CAGR) of 7% in the 2012-2016 period, with Vietnamese obtaining the highest growth of up to 15%, said an international researcher. The market research company Europe-monitor International in a report released at the World Travel Market currently taking … Continue reading
HOTELS Interview: Blazing a trail as a female GM
The hotel industry is seeing an increasing number of women breaking into top leadership roles, and Catherine Racsko is just one example of that trend. Racsko recently took the reins as general manager of Sheraton Nha Trang in Vietnam, becoming one of the first women to manage an internationally branded hotel in that country. Racsko … Continue reading
Cruise tourism in Southeast Asia begins to boom
Cruise tourism in Vietnam is growing in the context that this segment begins to boom in Southeast Asia. Phan Xuan Anh, chairman of Viet Excursions, said cruise lines from theU.S. and Europe are promoting new destinations in Asia, includingVietnam. Therefore, the company has recorded a rise of 1.5 times in the number of orders for the tourism season from … Continue reading
The Ritz-Carlton Hotel Company, L.L.C. Announces First Hotel in Vietnam, with Development of The Ritz-Carlton, Saigon
The Ritz-Carlton Hotel Company, L.L.C., the leader in luxury hospitality, has announced the brand’s first hotel in Ho Chi Minh City (Saigon), marking another step in the group’s expansion in Asia. The Ritz-Carlton, Saigon is owned by the Bitexco Group, one of Vietnam’s most prestigious property developers. The 250-room hotel is located in the … Continue reading
New ‘tribes’ in Asian luxury travel
A new array of luxury travellers, also known as ‘tribes’ are emerging across Asia. According to Future Poll, the research division of The Future Laboratory, there luxury travellers are broadly classified into nine different categories: · New Sophisticates from China, India and Indonesia value experiences above status; · Status Hunters seek brands who can offer ‘behind the scenes’ glimpses; · Young Guns are online … Continue reading
TTG Asia interview with Jean Gabriel Peres, president & CEO of Movenpick Hotels & Resorts
He’s made Mövenpick Hotels & Resorts far bigger, deeper and wider than it ever was. Jean Gabriel Pérès, president & CEO, talks to Raini Hamdi about brand differentiation and true passion for hoteliering, which he thinks the industry has lost Jean Gabriel Pérès President & CEO Mövenpick Hotels & Resorts You’ve helmed Mövenpick Hotels & Resorts for 13 … Continue reading
Luxury Vietnam Hospitality 