1. WTTC joins with UN to urge climate reform in hospitality sector

The World Travel & Tourism Council and UN Climate Change have joined forces to showcase how the travel and tourism sector can contribute to carbon neutrality by 2050. The organisations will work together on the establishment of an industry recognition scheme, along with raising awareness.

Source: www.breakingtravelnews.com

2. 13.3% increase in tourists visiting Malta

Malta has seen a 13.3% increase in tourist arrivals during Q3 compared to the same period last year, according to statistics presented during the Malta Hotels and Restaurant’s Association’s third quarter review and annual conference.

Source: www.independent.com.mt

3. India signs US$31M loan to develop tourism

The Government of India and the Asian Development Bank recently signed a US$31m loan agreement to develop the state tourism industry and boost visitor arrivals.

Source: www.moderndiplomacy.eu

4. Great Hotels of the World sees increased investment

Following its recent acquisition by GuestCentric, Great Hotels of the World is set to receive over €3m investment over the next two years. The GHOTW portfolio comprises of 60 hotels in iconic locations, such as Atlantis The Palm in Dubai.

Source: www.hoteldesigns.net

5. Hotel Demand jumps in areas affected by California wildfires

Growth in hotel demand has been significant in wildfire-affected areas of California, specifically Butte County and the Oxnard/Ventura submarket, with occupancy jumping to 85.6%. This represents a year-on-year increase of 43.4%, according to research from STR.

Source: www.hospitalitynet.org

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