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Habitas clinches $400m for ‘hotel circuits’ in Saudi Arabia

Boutique Hotel News

The broader strategy includes potential ventures to establish a new luxury airline and forge a $500 million e-sports destination, as well as bidding for major sporting events such as the 2029 Asian Winter Games, the 2030 FIFA World Cup [a joint bid with Egypt and Greece] and the Summer Olympic and Paralympic Games in 2036.

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Five Ways to Enhance and Improve the Takeout and Delivery Customer Experience

Modern Restaurant Management

Today, the global food delivery app industry is predicted to reach $320 billion by 2029 — up from $140 billion in 2022. As such, implementing a robust food delivery and takeout service has become critical for restaurants’ longevity and success. Consumers crave convenience.

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My Place Hotels and Rimrock to develop 10 US properties

Serviced Apartments

While some are currently under development, all 10 are expected to be completed by 2029. The post My Place Hotels and Rimrock to develop 10 US properties appeared first on Serviced Apartment News. In the first phase of the plan, properties will be built in Tennessee, South Carolina, and Georgia.

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CapitaLand Ascott Trust launches sustainability-linked bond with IFC

Serviced Apartments

The seven-year bond, which will mature in November 2029, is being issued as part of CapitaLand Ascott Trust (CLAS) S$2 billion Multicurrency Debt Issuance Programme. Proceeds from the bond will be used to refinance CLAS’ existing borrowings and to further decarbonise three of CLAS’ serviced residences in Southeast Asia. .

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Hotels Must Offer Something Competing Digital Intermediaries Cannot

Revenue Hub

of CAGR through 2023 to 2029, reaching nearly US$ 1074.4 In the past, the hotel owned the customer and was the clearinghouse for information and services for the guest stay. It might be something to do with the fact that the Online Travel Booking Market was valued at US$ 561.99

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MRM Research Roundup: Coronavirus Stats and More

Modern Restaurant Management

Comcast Business shared the top trends impacting the quick-service restaurant (QSR) industry, based on the company’s deep experience working with leading QSR and franchise establishments. Point-of-sales (POS) Terminals market will grow at a promising CAGR of more than 7 percent between 2019 and 2029. Top Trends Impacting QSRs.

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Sustainability in Hotels: Where Are We and Where to Next?

Revenue Hub

In 2021, Marriott saved approximately 425 million gallons of water globally by installing smart sensor technology in their managed full-service hotels. In fact, by 2029 Millennials and Gen Zers are predicted to make up 72% of the world’s workforce.

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