DESTINATION AND TOURISM
Hyatt Hotels Corporation | September 07, 2021
Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into six new management and franchise agreements for hotels in Europe across The Unbound Collection by Hyatt, JdV by Hyatt, Hyatt Centric, and Hyatt Regency brands, further emphasizing a growing desire from travelers, World of Hyatt members, and owners for hotels that offer unique, differentiated experiences and foster genuine connections with people and cultures.
This announcement builds on Hyatt’s growth strategy to significantly expand its brand portfolio in Europe by the end of 2023 – the six new executed agreements are expected to increase Hyatt’s brand presence in France, Germany, Italy, Spain, and Switzerland. This is in addition to the recently announced planned acquisition of Apple Leisure Group (ALG), which is expected to expand Hyatt’s European brand footprint by 60 percent.
“The newly executed agreements highlight the positive strides we are making towards our growth strategy in Europe, and the new projects sit alongside a strong pipeline of Hyatt-branded hotels scheduled to open over the coming years,” said Felicity Black-Roberts, Hyatt’s vice president development, Europe. “Confidence in the hospitality sector remains high among investors, and we are delighted to collaborate with leading owners and operators who recognize the value and profitability of Hyatt’s entire brand portfolio, with an emphasis on Hyatt’s independent collections, including The Unbound Collection by Hyatt and JdV by Hyatt brands, and lifestyle brands, including Hyatt Centric. With these new deals, we are asserting our expertise in leisure destinations, reinforcing that Hyatt’s brands continue to resonate and cater to leisure travelers.”
The Unbound Collection by Hyatt
The Unbound Collection by Hyatt hotel in Crans-Montana, Switzerland
The luxurious boutique hotel Rhodania in the Swiss Alps is expected to join The Unbound Collection by Hyatt in 2023. The 41-room hotel is currently located right on the third tee of the famous Severiano Ballesteros golf course, approximately 4,900 feet (1,500 meters) above sea level in one of the most prestigious and well-established year-round mountain destinations in Switzerland.
ll Tornabuoni Hotel in Florence, Italy
A Hyatt affiliate has entered into a franchise agreement with AG Group for Il Tornabuoni Hotel in Florence, which will join The Unbound Collection by Hyatt brand. The luxury boutique 62-room hotel is expected to open in October 2021 and will be the first Hyatt-branded property in Florence.
JdV by Hyatt
The Tribune Hotel in Rome, Italy
The Tribune Hotel, which is expected to join the JdV by Hyatt brand, will mark a significant and long-awaited milestone in Hyatt’s growth strategy: the introduction of the Hyatt brand to Rome.
A JdV by Hyatt hotel in Bordeaux, France
Driving further momentum within Hyatt’s independent collections portfolio, the JdV by Hyatt brand is expected to debut its first hotel in Bordeaux, France, a city rich in architectural and cultural heritage with highlights including its famous harbor, Port de la Lune, a UNESCO World Heritage Site.
Hyatt Centric Altstadt Hamburg in Hamburg, Germany
The Hyatt Centric brand will debut in Germany under a franchise agreement between a Hyatt affiliate and SV Hotel AG. Hyatt Centric Altstadt Hamburg will be located on Moenckebergstrasse, one of Hamburg’s most vibrant shopping streets. As a brand synonymous with adventure and being in the center of the action, the Hyatt Centric brand is a perfect addition to this vibrant location.
Hyatt Regency Madrid Residences in Madrid, Spain
Hyatt Regency Hesperia Madrid will expand on its current hotel accommodations to include a residential component – Hyatt Regency Madrid Residences. With 22 premium apartments, the new complex will be located at Paseo de la Castellana, in the heart of the financial center of the capital and in close proximity to many international businesses, diplomatic offices and embassies.
Recent Hyatt hotel openings across Europe include:
Hyatt Place Ekaterinburg in Ekaterinburg, Russia
Hyatt Place London City East in London, United Kingdom
7Pines Resort Ibiza, part of the Destination by Hyatt brand, in Ibiza, Spain
Hyatt Regency Zurich Airport The Circle in Zurich, Switzerland
Hôtel du Palais Biarritz, re-opened as part of The Unbound by Hyatt Collection brand, in Biarritz, France
Three Story Hotels in Sweden, which joined the JdV by Hyatt brand, including Story Hotel Riddargatan and Story Hotel Signalfabriken Stockholm and Story Hotel Studio Malmö in Malmö
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. As of June 30, 2021, the Company's portfolio included more than 1,000 hotel and all-inclusive properties in 68 countries across six continents. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders.
About AG Group
AG Group is Italy’s first Italian-owned hospitality group capable of providing all aspects of demand for tourism in-house with boutique hotels, DMC/ tour operator & event management, hotel consultancy, culinary outlets and retirement homes.
Alboran Hotels and Hospitality
Alboran is an active owner of hotel properties with in-depth hotel knowledge and experience of all operating models. Founded in 2016, Alboran’s business concept stands for two main skills, real estate and hotel operations with a focus on sizeable hotels in key leisure and corporate destinations.
About SV Group
SV Hotel is part of the hospitality and hotel management group SV Group, headquartered in Dübendorf near Zurich. As a franchisee, SV Hotel operates hotels of the Marriott brands Courtyard, Residence Inn, Renaissance and Moxy in Switzerland and Germany.
About Hesperia Hotels & Resorts
Hesperia Hotels & Resorts is one of Spain’s leading hotel groups, with an established presence in urban and leisure destinations. It is one of the companies with the most experience and knowledge of the industry, having been in operation for more than 20 years
Air Travel Bubble | April 27, 2021
Singapore and Hong Kong are outfitting to open a movement bubble. The two urban areas intend to dispatch their isolated free travel bubble from May 26, permitting voyagers to travel between the two with few limitations.
The Air Travel Bubble (ATB) as it's been named will dispatch in late May with an end goal to help the drained travel industry ventures in the two urban areas. Voyagers will be needed to be completely inoculated and step through an exam within three days of takeoff and again on appearance.
At the point when the ATB dispatches in May, only one flight each day will work for the initial fourteen days between Singapore (SIN) and Hong Kong (HKG), conveying a limit of 200 travelers each day. Qualified voyagers more likely than not went through the previous 14 days in Singapore or Hong Kong.
The movement bubble between the two urban communities was initially set to dispatch in November 2020, notwithstanding, was deferred due to a spike in cases in Hong Kong.
Specialists have said that if there's an uptick in the seven-day moving normal of local area cases to more than five, the ATB will be suspended for in any event fourteen days.
"I'm glad that Hong Kong got the COVID-19 circumstance leveled out," said Singapore's Minister for Transport Ong Ye Kung in articulation to the BBC. "It has been a long couple of months, yet the conditions are presently ready again to relaunch the ATB."
The travel industry and travel areas — particularly that of the flight class — will invite the movement bubble. Singapore Airlines lost £1.19 billion in the nine months to December 2020 as its number of travelers shrank 97.6% Similarly, Hong Kong-based Cathay Pacific revealed a yearly deficiency of $2.8 billion every 2020.
A week ago, Australia and New Zealand dispatched their movement bubble, permitting Aussies and Kiwi voyagers to wander between the two nations without isolation on one or the flip side. Quite, the destined-to-be-dispatched Singapore to Hong Kong travel bubble is substantially more directed than Australia to New Zealand one, as only 200 travelers each day will want to go between the urban areas.
It's conceivable that we could see new travel bubbles open throughout the planet as nations hope to return to the travel industry yet just for those coming from nations with low case rates and high immunization rates.
AIRLINES AND AIRPORTS
Sabre Corporation | November 20, 2020
Croatia Airlines and Saber Corporation, the software and technology organization that controls the worldwide travel industry, declares the carrier's fruitful innovation movement to Saber Revenue Optimizer, Saber's driving income advancement arrangement. Considering the progressing COVID-19 pandemic, the requesting venture work was done essentially distantly, with the genuine innovation execution and preparing took care of basically.
Last year, the two accomplices declared the Croatian banner transporter's move up to Revenue Optimizer, to empower the aircraft to adopt a 360-degree strategy to determining, breaking down, and streamlining its income streams. The arrangement gives constant perceivability into the complete income for each flight, each geological region and each takeoff date and assists break with bringing down information storehouses that may exist across aircraft frameworks.