Academic qualifications, professional skills, a track record in leading change to increase shareholder value and business profits; those and more are now the keywords when looking for a high end Executive to manage a 5 star property in the major business centre or resort destinations of the world.  

Speaking a number of languages fluently is as much essential as the international understanding of business and worldwide trends in the travel and hospitality industry. Today’s Hotel Manager needs to understand all that; he is a business manager and public relations star, a marketing genius and has brilliant financial and business acumen. Read the rest of this entry »

Global hospitality leader, Fairmont Hotels & Resorts, has further expanded its global footprint by introducing the company’s collection of distinctive hotels and worldwide reputation for excellence to the Asia Pacific region.

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Deloitte, the business advisory firm, confirms a five-year run of double-digit revenue per available room (revPAR) growth for hotels in the Middle East. Read the rest of this entry »

Underpinned by recent profitability tests and trading forecasts, planned hotel projects are unlikely to meet future viability tests until the market improves. Read the rest of this entry »

The demand for timeshare products in India is expected to grow at an annual growth rate of approximately 16% per annum from 2006 to 2015, largely facilitated by supply growth admeasured at approximately 12% per annum over the same period according to a report released by Group RCI and global real estate consultants, Cushman & Wakefield, “The Spectrum of Leisure Real Estate Products in India“. Read the rest of this entry »

After peaking in Q2 2008, the Total Global Construction Pipeline decreased 6% to 10,169 projects/1,707,817 rooms. All regions reached cyclical peaks in Q208 except Canada, the Caribbean, Mexico, Central and South America, which crested earlier in Q108.  All regions experienced a Quarter over Quarter (QoQ) decline in Q308.  Read the rest of this entry »

In 2008, international tourist arrivals reached 924 million, up 16 million over 2007, representing a growth of 2%. Read the rest of this entry »

Rapid downturn affects full-year performances

European chain hoteliers reported falls in profit, revenue and occupancy across most key cities
during 2008, according to the full-year HotStats survey by TRI Hospitality Consulting. Seven out of the ten cities surveyed reported decreases in income before fixed charges (IBFC), also known as gross operating profit. Read the rest of this entry »

• In 2008, international tourist arrivals reached 924 million, up 16 million over 2007, representing a growth of 2%.

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During these tough economic times more individuals will be looking to charitable organizations for assistance, therefore charities will be looking for more donations and volunteers.

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