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The Star sells Sheraton Grand Mirage Resort to family consortium for $192 million

Hotel Management

Global luxury resort liquidity is at an all-time high, as investors and operators are increasingly attracted to hotels such as the Sheraton Mirage, which addresses consumer preferences for more authentic travel experiences post pandemic. With a land area of 3.45

Resorts 264
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Marriott introduces Apartments by Marriott Bonvoy

Hotel Business

Marriott International has expanded into apartment-style accommodations with the launch of Apartments by Marriott Bonvoy. With Apartments by Marriott Bonvoy, guests will be able to shop a wider array of accommodation options within the Marriott Bonvoy portfolio, growing their loyalty to the portfolio and its range of brand offerings.”.

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Crown Resorts CEO heralds ‘exciting new chapter’ under revamped brand

Hotel Management

“Our reimagined Crown brand presents an opportunity to build a culture and character that enriches our cities through tourism, employment, world-class entertainment, hospitality, retail, and dining experiences. Over the last two years, we have worked very hard as a business to set Crown on a path to fundamentally change for the better.

Branding 278
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SEQ Tourism and Hospitality Development Opportunity, North Lakes Queensland

Hotel Management

City of Moreton Bay Mayor Peter Flannery predicts the 17,200sqm site will provide economic development for the region through delivering a true mixed-use development with a variety of potential uses including, but not limited to, hotel accommodation, residential apartments, restaurants, retail, commercial and recreation facilities.

Tourism 130
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Exclusive: inside Accor’s approach to elevate midscale and economy

Hotel Management

Camil Yazbeck, Accor Global Chief Development Officer – Premium, Midscale and Economy Division Globally, we are witnessing a consumer trend toward ‘premiumisation’ in all sectors – cars, airlines, dining, retail shopping, and so forth. Here in the Pacific region, two of our most popular brands include The Sebel and Mantra.

Branding 200
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STAAH Integrates with Revnomix – A Leading Revenue Management Company in India

STAAH

The present market share of internet retail trade is in excess of 25%, compared to only 12% in the pre-Covid era. This is a big shift in consumer and corporate purchasing behaviour that one may not want to overlook. Monit Dhavale, Sr.

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NYU Conference Wrap-up

Hotelier Magazine

However, there may be a warning for the West from the luxury-retail sector that the good times may not last indefinitely and that the axis might shift East, as Asian high-net-worth individuals stay closer to home. Consumer Pulse Survey, [consumers are] worried about rising prices and job security, yet they’re optimistic and still spending.

Retail 52