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161. 161,656 Hotel Rooms in 1,027 Projects Under Contract in Europe
According to STR's February 2017 Pipeline Report, there are 161,656 hotel rooms in 1,027 projects Under Contract in Europe. The total represents a 1.3% decrease in rooms Under Contract compared with February 2016.
162. Asia Pacific Welcomed Record 597 Million Foreign Visitors in 2016
PATA's Early Edition report shows an annual increase of 3% in foreign arrivals into 47 Asia Pacific destinations for 2016 to record an aggregate inbound count of close to 600 million. Despite the significant challenges being faced by Turkey's tourism sector the annual net increase in arrivals into the Asia Pacific region was still strong, adding close to 18 million additional arriv
163. Asia Cruise Industry Continues to Grow at Record Pace
Asia has been confirmed as the world’s fastest growing source of cruise passengers, with a new Cruise Lines International Association (CLIA) report showing the region experienced an unprecedented 24% increase in passenger numbers last year. According to CLIA’s Asia Cruise Trends study, the cruise industry in Asia is growing at a record pace, with 2.08 million people from the region
164. Streamlining Airline Financial Processes
The airline industry faces a number of challenges when it comes to financial management, including revenue leakage, complex income streams, and tax reporting and compliance across multiple markets. A new report published today, written by Frost & Sullivan and commissioned by Amadeus, highlights a ‘window of opportunity’ for airlines to boost their top and bottom-line by integrating
165. Bangkok Hotels Take a Hit; ADR Growth in Resort Markets
Other key points in the report show that regardless of the unrest, all markets in Thailand managed to make year-on-year gains in average room rate for the first quarter, with the luxury sector making the biggest gains, although at the expense of occupancy. On the supply side, the upscale segment is expected to experience the most significant growth in the country, with the pipeline
166. Travellers Increasingly in Favour of Cars and Trains
Travellers Increasingly in Favour of Cars and Trains. Holidaymakers are increasingly favouring car and train travel - this is one of the findings of the ITB World Travel Trends Report, conducted by the consultants IPK International and commissioned by the ITB Berlin. In Europe, between January and August 2008, holiday trips by car and train increased by 5% compared with the same pe
167. RateTiger Releases RTSuite Version 2.8
RateTiger has released RTSuite Version 2.8 which features an enhanced Reservation Report and integrates StrategyEngine into its comprehensive full service channel management product. The combination of Reservation Reporting, Strategy Engine, Channel Management and Shopping makes RTSuite a complete control center giving hotels utmost visibility of each sales channel performance.
168. Pieter van der Hoeven Returns to Outrigger as GM of Mauritius Resort
Pieter van der Hoeven has been appointed as General Manager of the Outrigger Mauritius Beach Resort. The appointment marks van der Hoeven's second spell with Outrigger. Until early 2013, he was Outrigger Vice President Sales and Marketing, Asia Pacific. In his new role in Mauritius he will report to William Visser, Outrigger Vice President, Operations, Asia-Pacific, who is based in

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