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- Despite all of the talk of how technology will finally take our jobs, the future of work is, for the second no less than, human-dependent.
- Deutsche Hospitality is rebranding to H World International to drive the growth of its ownership group, H World, outside of China.
- The value brand is expected to have a presence in all district headquarters.
- One of essentially the most exciting hotels coming to London is the late-2022-opening Raffles London at The OWO, which is seeing the transformation of The Old War Office Whitehall building.
- Ascott Sudirman Jakarta Guest Service Officer Baqir Fairuz Abadi said that the hotel’s occupancy surged approaching Eid this yr.
RevPAR grew 9%, a 30 foundation level acceleration from second quarter 2023 development. The Indian hotel business is predicted to grow 7-9% with high occupancy in FY2025. Demand from home leisure journey, MICE, weddings, business journey, non secular tourism, tier-II cities, and domestic tourism will drive progress. FTA restoration is determined by the global macroeconomic environment and consumer sentiments. The hospitality industry is poised for sturdy growth in fiscal year 2025, with occupancy rates expected to reach highs not seen in a decade. Average room charges are additionally projected to strategy peak levels from fiscal yr 2008.