Asia Pacific’s hotel profits dive

LONDON, 4 November 2021: The hotel industries in seven key Asia Pacific markets reported profitability levels well below pre-pandemic levels, with only Beijing above 40% of the 2019 comparison, according to STR‘s September 2021 monthly Profit & Loss data release....

Emirates and TAP extend partnership

DUBAI, UAE, 4 November 2021: Emirates and TAP Air Portugal are further expanding their existing codeshare arrangement by adding 23 more destinations to the partnership from 2 November. This brings the total number of destinations where customers can enjoy seamless...

Phuket hotel joins WorldHotels | .

SINGAPORE, 4 November 2021: WorldHotels has recruited Layan Green Park for its  Distinctive collection brand once the resort opens in December 2022 on Bangao Beach Phuket. Layan Green Park is the first new construction in Thailand to receive EDGE (Excellence in Design...

THAI slashes jobs and aircraft leases

BANGKOK, 4 November 2021: Thai Airways International recouped THB44.8 billion mostly from massive cuts to the workforce and aircraft leases according to the airline’s latest rehab progress report. Rehabilitation Plan chairman, Piyasvasti Amranand, delivered the...