Marriott Expects To Add Nearly 20 Properties Under Its Middle East And Africa Portfolio In 2019

Travel and Tour World | April 08, 2019

Marriott International today announced it expects to add 19 new properties and more than 3,000 rooms to its Middle East and Africa portfolio in 2019.Underpinning a strong demand for its diverse brands, the new additions are in line with the company’s expansion plans to add more than 100 new properties and nearly 26,000 rooms across the region by the end of 2023. Marriott estimates its development pipeline through 2023 represents up to $8 billion of investment from property owners and is expected to generate over 20,000 new jobs across the region.

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BUSINESS TRAVEL

Radisson Hotel Group Partners with Plug and Play

Radisson Hotel Group | May 06, 2022

One of the world's leading hotel groups, Radisson Hotel Group, announced its partnership with Plug and Play's Travel & Hospitality program, located in the heart of Silicon Valley. Plug and Play is a global innovation platform that brings together the best startups with the world's largest corporations. Through this partnership, Radisson Hotel Group will strengthen its connections with selected startups, enabling the company to accelerate its innovation capabilities for future travel technologies and solutions. "We are thrilled to be partnering with Plug and Play, the largest startup ecosystem in the World, as part of our Radisson Innovation Roadmap. This partnership is vital to connect us with a large network of startups and potential partners at different maturity levels, improve our innovation ecosystem to maximize business opportunities, and develop outside-of-the-box pioneering solutions when it comes to technology and digital innovation. We see this collaboration as a way to boost our Business Transformation Plan quickly and accelerate our five-year strategic plan," -Gonzalo Carpintero, Senior Vice President Operations & Head of Business Transformation (BTO), Radisson Hotel Group. Plug and Play Travel & Hospitality launched in 2016 and has since expanded to six locations around the world. Since its inception, the travel program has accelerated over 250 startups and worked with the most innovative corporations in the industry. By working with Plug and Play, Radisson Hotel Group will gain access to top industry startups, networking opportunities with peers, and exclusive events surrounding the latest travel and hospitality technology trends. "We're thrilled to welcome Radisson Hotel Group to our ecosystem. It really speaks to their innovation culture and leadership's strategic vision to prioritize innovation during these difficult times. Hospitality technology has been a focus for our group for many years and we can't wait to help them engage with the startup community, Our main mission is to supercharge the Pilot/POC sourcing and implementation of new technologies for the group which will ultimately take their already amazing portfolio of hotels and customer-centric services to a new level." -Jordan Bray, VP of Corporate Partnerships at Plug and Play. To learn more about Plug and Play, apply here to speak with one of our experts: https://www.plugandplaytechcenter.com/join/ About Radisson Hotel Group Radisson Hotel Group is one of the world's largest hotel groups with nine distinctive hotel brands, and more than 1,700 hotels in operation and under development in 120 countries. The Group's overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos. The Radisson Hotel Group portfolio includes Radisson Collection, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and prizeotel brought together under one commercial umbrella brand Radisson Hotels. Radisson Rewards is our international rewards program that delivers unique and personalized ways to create memorable moments that matter to our guests. Radisson Rewards offers an exceptional experience for our guests, meeting planners, and travel agents at over 660 hotels in Europe, Middle East, Africa and Asia Pacific. Radisson Meetings provides tailored solutions for any event or meeting, including hybrid solutions placing guests and their needs at the heart of its offer. Radisson Meetings is built around three strong service commitments: Personal, Professional and Memorable, while delivering on the brilliant basics and being uniquely 100% Carbon Neutral. The health and safety of guests and team members remain a top priority for Radisson Hotel Group. All properties across the Group's portfolio are subject to stringent health and safety requirements, as outlined in the Radisson Hotels Safety Protocol. The in-depth cleanliness and disinfection protocols were developed in partnership with SGS, the world's leading inspection, verification, testing and certification company, and are designed to ensure guest safety and peace of mind from check-in to check-out. The Safety Protocol is an integral part of Radisson Hotel Group's Safety and Security program ensuring we always care for our guests and team members. More than 100,000 team members work at Radisson Hotel Group and at the hotels licensed to operate in its systems. For more information, visit our corporate website. Or connect with Radisson Hotels on: About Plug and Play Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 40 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With 40,000 startups and 500 official corporate partners, we have created the ultimate startup ecosystem in many industries, including Travel & Hospitality, with offices in Silicon Valley, Geneva, Singapore, Shanghai, and Vienna, etc. We currently work with Airbus, Accor Hotels, Flight Centre Travel Group, CWT, IATA, JetBlue Technology Ventures, Marriott International, Star Alliance, Fraport, Vienna International Airport, and many more. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Dropbox, Honey, Lending Club and PayPal. For more information, visit www.pnptc.com

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HOSPITALITY TRENDS

BWH HOTEL GROUP® CONTINUES EXPANSION IN THE MIDDLE EAST AS TRAVEL SURGES WORLDWIDE

BWH Hotel Group | June 22, 2022

Leading hospitality company, BWH Hotel Group, is expanding its presence in the Middle East as travel continues its resurgence in the region and worldwide. The expansion is part of the brand's larger effort to thoughtfully grow its footprint in key destinations across the globe, providing the unique offerings and experiences today's travelers and developers are seeking. BWH Hotel Group has experienced significant momentum in recent years, evolving into a global hospitality powerhouse with 18 distinctive brands across every chain scale segment, from luxury to economy. As part of the Middle East expansion, BWH Hotel Group announced plans to open four hotels in the region in 2022, including three in Saudi Arabia and one in Dubai, one of the world's fastest growing cities. With an active pipeline of 34 hotels and 16 already in the region, BWH Hotel Group anticipates expanding its portfolio to 50 hotels in the Middle East within the next few years. "We are excited to further grow our presence in the Middle East with the opening of four beautiful, modern and dynamic hotels in some of the world's most thriving city centers, At BWH Hotel Group, we are focused on putting the right hotels in the right markets, ensuring that no matter the travel purpose – business, leisure or everything in between – we offer a hotel to suit our guests' needs and exceed their expectations." -Ron Pohl, President of International Operations and President of WorldHotels Of the 34 hotels opening in the region, below is a snapshot of four hotels celebrating openings in 2022: The Best Western Plus Qurayyat City Center is located in Saudi Arabia near the city of Qurayyat, one of the largest ports in the Middle East and home to rich cultural and historical heritage. Amenities for this 118-room-plus new build hotel include contemporary and delectable food and beverage options from its comfortable and convenient lobby lounge to its gorgeous outdoor pool terrace, modern ballroom space and VIP meeting rooms ideal for business and group travel, and a premier health club so guests can prioritize health and wellness while on the road. The Best Western Plus Tabuk City Center is centrally-located in the capital city of the Tabuk region in northwestern Saudi Arabia – known for charming coastal cities, multicultural cuisine and pristine beaches. Amenities for this 160-room hotel include onsite food and beverage options, multipurpose function space to suit a variety of travel needs, and a number of services and facilities for guests to enjoy, including a state-of-the-art fitness center and swimming pool. The Best Western Ajyad Makkah is a 201-room property located in the holy city of Makkah and conveniently situated near the Al-Masjid al-Haram Mosque. This ideally located property is currently scheduled to open in September of 2022. The Best Western Plus Academic City is a 600-room hotel located in Dubai International Academic City – a thriving destination that is home to globally and local internationally accredited universities, attracting students from around the world. This highly anticipated hotel is currently scheduled to open in August of 2022. We look forward to collaborating with our new properties who have chosen to affiliate with BWH Hotel Group to leverage our proven global sales, marketing, revenue and loyalty programs, said Dilip Waghaye, director of development, Middle East. "As international travel continues to increase, we are excited for guests to discover our beautiful new hotels in one-of-a-kind destinations.

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TRAVEL TECHNOLOGY

Cirium Partners With 3Victors to Offer the Most Dynamic Travel Demand Forecasting

Cirium | May 19, 2022

Cirium, the aviation analytics company, and travel data analytics firm, 3Victors today announced a reseller partnership to enable Cirium to bring together flight schedules and passenger traffic data with online search data to interpret, understand and forecast passenger demand for airports and DMOs“Cirium and 3Victors share the mission to revolutionize the way the travel industry forecasts future demand. “Airlines and airports worldwide have long used the Diio by Cirium suite of products for network and traffic analysis. We have invested in the products and have enhanced the quality of our schedules, traffic, and fares data to ensure we maintain our leading position in the market.” -Kim Gesch, VP Airline Planning at Cirium Chris Zando, CEO at 3Victors said: Both 3Victors and Cirium are focused on high quality data science to bring real-time insights to commercial decision-making for the industry. The combination of both our capabilities provides the most dynamic forecasting in the market and at a time when it is most needed. Travel demand models have traditionally been built by comparing current bookings for flights against historical trends. Ticket prices were raised and lowered based on indicators from these models to ensure a flight was booked at optimum fare levels. Post-pandemic, changes to traveler booking behavior means past booking patterns may no longer be reliable as a guide to future demand. Cirium and 3Victors will join forces to offer the most complete solution for analyzing future traffic, monitoring trends across time and detecting emerging opportunities. The offering will include the Diio by Cirium flight schedules, traffic and fares data alongside 3Victors DemandView search data, providing the most accurate forecast as possible. This is particularly important for airports seeking better insights to retain and gain air service or DMOs wanting to optimize their marketing campaigns and traveler conversion rates. 3Victors’ search data is captured from more than half a million global touchpoints, including when a prospective traveler visits traditional or online travel agency, meta search, or travel search engine: or searches for flights. The most advanced data science is applied to interpret the traveler behavior, which provides a clear demand signal for flight bookings. An example using 3Victors data shows that on a recent date there were large spikes in domestic demand originating in the UK and US, along with output showing year-over-year variation. If historical trends alone were used to forecast travel demand, the spikes in travel being seen in 2022 to date would not have been forecast. Said Cirium’s Gesch: “Pairing Cirium’s capabilities with 3Victors’ contemporary travel demand insights means we can offer clients worldwide the most advanced solution to determine accurate traveler intent, monitor passenger trends, and identify correlations between what travelers are searching and actually booking.” About Cirium Cirium brings together powerful data and analytics to keep the world moving. Delivering insight, built from decades of experience in the sector, enabling travel companies, aircraft manufacturers, airports, airlines and financial institutions, among others, to make logical and informed decisions which shape the future of travel, growing revenues and enhancing customer experiences. Cirium is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. For further information please follow Cirium updates on LinkedIn or Twitter or visit www.cirium.com About 3Victors 3Victors has built the industry’s first travel data analytics as a service platform in the Cloud. 3V’s proprietary 360° view of the travel landscape is the nexus between data volume, variety and velocity. 3V delivers market-leading data coverage and real-time analytics and insights, empowering companies with actionable intelligence.

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BUSINESS TRAVEL

LBA Hospitality Acquires Management Contract for the Best Western New Smyrna Beach Hotel & Suites

LBA Hospitality | June 13, 2022

LBA Hospitality, an Alabama–based hotel management company, announced that it has recently taken over the management contract for the 101-suite Best Western New Smyrna Beach Hotel & Suites. The beachfront hotel located at 1401 South Atlantic Avenue is owned by Key International.The eight-story property is situated 15 miles from Daytona Beach International Airport, and just a short drive from Disneyland and Cape Canaveral and the Cape Canaveral National Seashore. The hotel offers guests convenient access to Turtle Mound, Ponce Inlet, Daytona Racetrack and numerous activities in and around the idyllic waters and sandy beaches of New Smyrna Beach. "I fell in love with New Smyrna Beach when we opened our first hotel here in 2012. It has that small beach town charm, great food, a nationally recognized arts scene, and the amazing white sand beach and blue water of the Atlantic Ocean, I am excited that we have added a one-of-a-kind accommodation that literally offers a toes-in-the-sand experience for visitors from around the world." -Beau Benton, president of LBA Hospitality. The Best Western New Smyrna Beach Hotel & Suites guestrooms feature luxury bedding, kitchenettes, as well as balconies with unobstructed views of the gorgeous blue waters of the Atlantic Ocean. Amenities include an outdoor swimming pool with a sundeck, a fitness center and onsite dining. About LBA Hospitality Established in 1973, LBA Hospitality is one of the leading hotel management, development, and consulting companies in the US. With an extensive portfolio of hotels located in the Southeast and Southwest, the company is a recognized leader developing and operating the most respected brands under franchise licenses of Marriott International, Hilton Worldwide, and InterContinental Hotel Group. For more than four decades, LBA Hospitality has continued to set a higher standard in hotel development, management, and guest satisfaction, resulting in sustained, profitable growth for owners. For more information, visit www.lbahospitality.com. About Key International Key International is a full-service real estate firm bringing over 30 years of leadership and success in global investments and developments, with offices in Miami and Madrid. With a proven track record in generating excellent returns for partners, the firm specializes in real estate projects that improve customers' lifestyles through great locations and quality product. This includes forward-thinking considerations for everyday life, work, convenience, entertainment, and leisure. Following these principles, Key International is one of the few real estate firms with the demonstrated ability to deliver success across multiple real estate classes – including condominium, hospitality, multifamily, and office. Such diversification is a cornerstone of its approach and serves to maximize future development and investment opportunities.  With over 10 million square feet in residential developments, notable projects include Eden Roc Resort Miami Beach, Marriott Stanton Hotel South Beach, 400 Sunny Isles, 1010 Brickell, and the master plan of Riverfront Community (a 13.5-acre gated community in Downtown Miami). Additionally, Key International manages over $1.5 billion in assets under its current hotel portfolio comprised of over 3,000 hotel units. Please see keyint.com for more information on the company and its portfolio.

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The report highlights key insights such as, the destinations that students will be traveling to, either as a holiday or backpacking, the reasons for travel and what gadgets students are planning to take with them.

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