Hotel bookings – ABN Miami Hotels http://abnmiamihotels.com/ Sat, 04 Dec 2021 17:11:13 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://abnmiamihotels.com/wp-content/uploads/2021/10/icon-2-120x120.png Hotel bookings – ABN Miami Hotels http://abnmiamihotels.com/ 32 32 Uttarakhand: Covid shadow over hotel bookings again | Dehradun News https://abnmiamihotels.com/uttarakhand-covid-shadow-over-hotel-bookings-again-dehradun-news/ Wed, 01 Dec 2021 23:28:00 +0000 https://abnmiamihotels.com/uttarakhand-covid-shadow-over-hotel-bookings-again-dehradun-news/ ALMORA / MUSSOORIE: As 2021 draws to a close, hotels and host families in the Kumaon Hills are selling out quickly. According to hoteliers, hotels have already registered 90% of bookings for the period from December 25 to January 1, 2022, in Mukteshwar and Ranikhet. Likewise, around 75-80% of hotel rooms have been reserved for […]]]>
ALMORA / MUSSOORIE: As 2021 draws to a close, hotels and host families in the Kumaon Hills are selling out quickly. According to hoteliers, hotels have already registered 90% of bookings for the period from December 25 to January 1, 2022, in Mukteshwar and Ranikhet.
Likewise, around 75-80% of hotel rooms have been reserved for the next holiday season in Nainital and Almora.
Neelakshay Pandey, owner of the Ojaswi Himalayan Resort in Mukteshwar, told TOI: “We have a full house for the last week of December. Other hotels in the city are also registering bookings in large numbers.
Almora District Tourism Manager Rahul Choubey said: “According to the information we have received, most hotels in the mountainous town are already 80% booked for the week ending January 2, 2022. ”
Early bookings have also increased at Mussoorie. “November has been a very good month for tourism and things are also improving for December, as bookings seem encouraging. New Year’s weekend bookings are also increasing, ”said Sanjay Aggarwal, secretary of the Mussoorie Hotels Association.
However, the recent rise in Covid infections in Uttarakhand and the threat of the Omicron variant have raised concerns among hoteliers. “The death of an elderly man from Covid-related illnesses at Nainital on Monday sparked panic once again. The area near Sherwood College has been turned into a mini containment zone. If cases continue to rise, our reservations will be canceled. We desperately need a good tourist season after two years of lull due to the pandemic, “said Mohan Rayal, owner of a seaside resort near the Kasar Devi temple in Almora.
Meanwhile, Ved Sah, secretary of the Nainital Hotel Association, said: “The increase in Covid-19 cases is certainly a concern. We hope that the pandemic situation remains under control and that the State records good tourist attendance. Hotel owners are ready to welcome owners in accordance with Covid-19 guidelines. ”
In the same vein, Sanjay Aggarwal said: “Tourism has not been affected so far. However, hoteliers follow all protocols. ”
Speaking on the matter, Sandeep Sahni, President of the Uttarakhand Hotel Association, said: “Hoteliers are a little nervous due to the sudden emergence of this new variant just before the peak Christmas and New Years season. Having said that, there has been no impact on tourism so far.


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Garth Brooks Five Croke Park concerts spur Dublin hotel bookings as fans rush to check in https://abnmiamihotels.com/garth-brooks-five-croke-park-concerts-spur-dublin-hotel-bookings-as-fans-rush-to-check-in/ Thu, 25 Nov 2021 19:35:17 +0000 https://abnmiamihotels.com/garth-brooks-five-croke-park-concerts-spur-dublin-hotel-bookings-as-fans-rush-to-check-in/ IRISH hotels have seen a surge in bookings with fans rushing to buy rooms in the capital to coincide with Garth Brooks concert dates. Three more dates for the country music superstar were announced today – due to high demand for her two dates announced last week. 3 Hotels have seen a surge in bookings […]]]>

IRISH hotels have seen a surge in bookings with fans rushing to buy rooms in the capital to coincide with Garth Brooks concert dates.

Three more dates for the country music superstar were announced today – due to high demand for her two dates announced last week.

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Hotels have seen a surge in bookings with fans rushing to buy rooms in the capital to coincide with concert datesCredit: Getty Images – Getty
The five concerts will boost the economy after 18 difficult months

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The five concerts will boost the economy after 18 difficult monthsCredit: Getty – Contributor

The five concerts – on September 9, 10, 11, 16 and 17, 2022 – all hotels in the capital will be guaranteed to be booked.

According to their website, the Croke Park Hotel is fully booked for all concert dates.

His concerts scheduled for 2014 would have brought in 50 million euros to the Dublin economy if they took place.

The figure includes transport, food and drink and accommodation.

If the concerts were to take place in 2014, the Irish Hotels Federation was budgeting around € 20m for accommodation, the Restaurant Association of Ireland expected around € 12-15m for industry and the Licensed Vintners Association expected around 15 million euros, according to TheJournal.ie.

Tickets for Croker’s concerts went on sale this morning with standing tickets at € 65.56 and seated tickets at € 81, excluding service charges.

The singer could end up taking a hit of € 8million by charging Irish fans the price of 2014 tickets to make up for the canceled Croke Park concerts that year, the Irish Sun previously revealed.

Meanwhile, Garth Brooks said the excitement over his concerts at Croke Park was “incredible” as fans were in tears this morning trying to secure the coveted tickets.

The singer tweeted: “IRELAND !!!!! I just woke up to the news !!! Unbelievable !!!!! All my love for you !!! love, g #GarthInIreland.

Garth Brooks fans were in tears when they finally got their ticket

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Garth Brooks fans were in tears when they finally got their ticketCredit: Garrett White – The Sun


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Singapore’s vaccinated travel lanes raise flight, hotel reservations, but overall improvements are dampened https://abnmiamihotels.com/singapores-vaccinated-travel-lanes-raise-flight-hotel-reservations-but-overall-improvements-are-dampened/ Tue, 23 Nov 2021 04:21:17 +0000 https://abnmiamihotels.com/singapores-vaccinated-travel-lanes-raise-flight-hotel-reservations-but-overall-improvements-are-dampened/ Leisure, VFR and expatriate segments dominate November and December flights to Singapore Hotels see bookings improve for year-end as VTL markets generate new demand Comprehensive recovery on arrival hampered by regional travel restrictions and local distancing measures Singapore’s decision to further relax border controls as well as social restrictions have led to an increase in […]]]>
  • Leisure, VFR and expatriate segments dominate November and December flights to Singapore
  • Hotels see bookings improve for year-end as VTL markets generate new demand
  • Comprehensive recovery on arrival hampered by regional travel restrictions and local distancing measures

Singapore’s decision to further relax border controls as well as social restrictions have led to an increase in hotel requests and bookings from countries with a vaccinated lane (VTL) with the city-state.

To date, Singapore has launched VTLs with Australia, Brunei, Canada, Denmark, France, Germany, Italy, Netherlands, South Korea, Spain, Switzerland , the United Kingdom and the United States and will start with Malaysia, Finland, Sweden and Indonesia. and India from November 29. The same is planned with Qatar, Saudi Arabia and the United Arab Emirates from December 6, which will bring the total number of VTL countries to 21.

Singapore hotels like The Fullerton Hotel (above) have seen increased requests following VTL’s announcement

According to a spokesperson for Marina Bay Sands, the integrated resort has seen an overall increase in bookings from overseas travelers from VTL countries, particularly Australia, US, Malaysia, UK United and South Korea, most of them staying during the peak period of November and December. The bulk of these bookings were made by FIT travelers, and many went through OTAs.

Pan Pacific Hotels Group properties in Singapore also saw slight growth in bookings from inbound travelers, revealed Cinn Tan, director of sales and marketing.

“In October 2021, international travelers in the VTL markets accounted for between five and eight percent of our total room nights booked. The main markets for which we receive reservations are the United States, Germany, the United Kingdom and South Korea, ”said Tan.

Charis Choi, director of sales and marketing at Grand Hyatt Singapore, also sees better days for the holiday season ahead. “With the reopening of international travel, there has been an increase in demand and a faster pace than in previous months,” she said, adding that bookings were pouring in from the United States, Australia, Switzerland, South Korea, Germany and France.

At Fullerton Hotel Singapore and Fullerton Bay Hotel Singapore, inquiries have increased following news from VTL, with customers a mix of travelers and Singaporeans returning primarily from the UK and US. General Manager Giovanni Viterale expects bookings and inquiries to increase in the coming weeks, especially as travelers plan their year-end getaways.

Slow recovery
While the mood among Singaporean hoteliers is more positive today, Singapore travel and tourism players agree that improvements upon arrival are still muted.

Allen Khoo, resident manager of Shangri-La Singapore, observed that while requests from VTL customers have increased, there have been no spikes in bookings. In fact, bookings for the holiday season are still dominated by domestic demand.

The potential for dramatic improvements in inbound arrivals from Singapore is hampered by a current quota of 10,000 travelers per day for all VTL countries.

Another obstacle to resuming inbound travel, according to Steven Ler, president of the National Association of Travel Agents Singapore, is that most VTLs involve long-haul travel – markets that typically bundle Singapore as a twin destination with a other Southeast Asian country.

With the current cross-border restrictions remaining in Southeast Asia, these long-haul travelers can only spend their time in Singapore, making the trip “an expensive attempt,” Ler explained.

“However, the dynamic would be different when Australia and other neighboring countries opened up,” he added.

Association of Singapore Attractions President Kevin Cheong also estimated that the first wave of VTL travelers will be primarily business travelers, returning expats and long-term pass holders, and individuals. visiting friends and relatives in Singapore.

“Regular leisure travelers could still be hesitant due to seat availability and travel costs, and could wait until more restrictions are lifted,” he said.

Indeed, Kwee Wei-Lin, president of the Singapore Hotel Association, stressed that Singapore’s safe management measures will need to return to pre-pandemic level so that tourists can enjoy authentic local experiences without restrictions.

“Compared to countries with less stringent public health protocols, such as mandatory face masks and dining restrictions, Singapore’s attractiveness as a travel destination is compromised. Many countries participating in the VTL program have less stringent controls. Therefore, we may not see significant arrivals until the visitor experience in Singapore improves.

Flight bookings before Christmas at the highest
Airline ticket data collected by ForwardKeys indicated an increase in booking dynamics from late October, peaking in mid-December to reach 18% of 2019 levels.

“Arrivals the week before Christmas are at an all time high since the pandemic. Arrivals from the United States reached 35% of 2019 levels, with Europe lagging behind at 28%, ”said Jameson Wong, vice president of clients and APAC partnerships at ForwardKeys.

Arrivals from Australia and South Korea are 26% and 18% of 2019 levels respectively.

Positive movements in demand for flights to Singapore have been observed since August 19, 2021, when VTL was first announced, with global arrivals of inbound flights to Singapore hovering between 5% and 10% of 2019 levels.

Nancy Dai, ForwardKeys insights expert, described monthly usage from August to October as “stable and encouraging”: Inbound airline tickets issued for arrivals in Singapore in August were 107% of July; September emissions were 108 percent from August; and October’s emissions were 285 percent of September’s.

Reservations from the US, UK and Australia led the recovery, Dai observed. In October, flight arrivals from the United States increased 13-fold, while the United Kingdom and Australia improved 8.6 times and 3.6 times.

Further defining the inbound booking profile, ForwardKeys noted that 28% of flight arrivals to Singapore in November and December are for one person per booking, 31% for two people and 41% for more than three.

The leisure segment dominates the profile of travelers on flights on the books for the period of November and December, accounting for 67% of the total – unchanged from the pre-pandemic in 2019. However, the Visit Friends & Parents and Expatriate segments swelled to 14%, up from 3% during the same period in 2019.

The average length of stay fell from 6.5 days before the pandemic to 11.7 days, with arrivals from Australia averaging 7.3 days and arrivals from the United States and Europe 18 days.

The bulk of bookings were made directly with airlines, at 61%, up from 17% in 2019. – Additional reports by Karen Yue


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Year-end hotel bookings increase as vacation plans take shape https://abnmiamihotels.com/year-end-hotel-bookings-increase-as-vacation-plans-take-shape/ Mon, 22 Nov 2021 07:02:42 +0000 https://abnmiamihotels.com/year-end-hotel-bookings-increase-as-vacation-plans-take-shape/ A further easing of restrictions over the past month has helped boost confidence as travelers prepare for a holiday season away from home. Currently, the World Hotel Index shows us that on average more than one in five hotel reservations worldwide are for the three weeks leading up to the end of the year, while […]]]>

A further easing of restrictions over the past month has helped boost confidence as travelers prepare for a holiday season away from home. Currently, the World Hotel Index shows us that on average more than one in five hotel reservations worldwide are for the three weeks leading up to the end of the year, while an average of almost 10% of stays booked are due to arrive in the week around New Year’s Eve.

Due to the rush to end-of-year celebrations, the global dynamics of hotel reservations remain stable, hovering around 80% of pre-pandemic volumes. And, there is evidence that a more holistic recovery has recently taken place. Only six countries in the World Hotel Index are now below 50% of their number of bookings in 2019, compared to nine at that time in October and 23 countries six months ago, in May. Fortunately, more than 3 in 5 countries are now above 70% of their pre-pandemic levels.

A series of relaxed restrictions and greater international mobility are partly to blame. So far in November, international travelers have accounted for 51.32% of hotel bookings, averaging country ratios on the World Hotel Index, up from 49.03% at that time in October and 44. , 84% in August.

The Americas are now leading the charge

Momentum in hotel bookings in Chile tops the Global Hotel Index for the first time, thanks to the removal of quarantine requirements and one of the highest vaccination rates in the world . The timing is perfect for the country, with the peak summer period and Antarctic cruise season approaching, closing a strong month for the region. Mexico and Costa Rica rank second and fourth on the Global Hotel Index, ranking all countries based on their current booking volumes relative to their respective pre-pandemic levels, while the United States and Canada recently hit 20-month highs.

In the United States, hotel booking dynamics are now above 90% of 2019 levels, thanks to the easing of restrictions on a long list of countries and the reopening of borders with Canada and Mexico. The country had been closed to non-essential international travel since March 2020.

Here in Asia-Pacific, Thailand’s long-awaited reopening to non-quarantine travel earlier this month prompted hotel bookings to rally, as travelers target December and the New Year. And hotel bookings in Australia are again above the global average, after slipping below in mid-July.

Not to be outdone, Europe still has the highest number of countries exceeding their pre-pandemic booking volumes, thanks to hotels in Iceland, Portugal, Spain, Estonia and colder and colder Sweden. As restrictions remain relaxed across the continent, the winter holidays that were suspended last year officially begin, creating an increase in international arrivals to places such as Finland and Norway, where ski areas are coming back to life. .

As usual, I’ll be back next month to monitor this and other trends found in the World Hotel Index. Until then, have a good vacation booking!

To visit the World Hotel Index live or to directly access my analyzes, subscribe at siteminder.com/world-hotel-index.

About SiteMinder

In an age of increasing choice and accessibility for curious travelers, SiteMinder exists to unleash hoteliers with technology that makes all the difference. SiteMinder is the leading customer acquisition platform for the global hospitality industry, ranked as a technology pioneer for its smart and simple solutions that place hotels wherever their guests are, every step of their journey. It is this central role that has earned SiteMinder the trust of more than 35,000 hotels in 160 countries to generate more than 100 million bookings representing more than $ 35 billion in hotel revenue each year. For more information, visit www.siteminder.com.

Director of Brand Communication and Public Relations
Telephone: +61 2 8031 ​​1287
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Croatian tourism year 2022 is promising with an increase in hotel bookings in April https://abnmiamihotels.com/croatian-tourism-year-2022-is-promising-with-an-increase-in-hotel-bookings-in-april/ Sun, 21 Nov 2021 09:19:36 +0000 https://abnmiamihotels.com/croatian-tourism-year-2022-is-promising-with-an-increase-in-hotel-bookings-in-april/ November 21, 2021 – The Croatian tourist year 2022 is already promising, with hotel bookings and an increase in flights from April. Slobodna Dalmacija writes that although it seems that everything related to tourism in Croatia for this year is over and the accounts are complete, tourism professionals are not sleeping. This winter, fortunately, is […]]]>

November 21, 2021 – The Croatian tourist year 2022 is already promising, with hotel bookings and an increase in flights from April.

Slobodna Dalmacija writes that although it seems that everything related to tourism in Croatia for this year is over and the accounts are complete, tourism professionals are not sleeping. This winter, fortunately, is busy. Parts of the season are already showing bookings up 20% from previous years, and the most sought after are vacation homes and five-star hotels. Educated by high demand last summer, tourists have accelerated their decision to travel next year and are already booking their trip to the Adriatic to make sure there are enough beds. There is currently no lack of optimism but also caution among tourism professionals.

Even in the midst of the quieter fall months, bookings are slowly coming in for 2022, occupancy calendars are filling up, and everyone involved in sales needs to set a sales strategy, pricing, and bookings for 2022.

Prices have gone from low to high over the past year, which has not gone unnoticed by customers. However, international partners have already regulated capacities and prices on the Adriatic with large hotel systems, while the large Internet platforms and agencies through which private rental companies work already know their prices for the next season.

“In planning the tourism year 2022, we must be careful and intelligent in pricing policy; do not get carried away by this year’s demand because each following year is a new story that begins from the beginning. What we did in 2021 is one thing, at one point we were practically the only Mediterranean country we could travel to, whereas what awaits us in 2022 is a lot of question marks and questions. ‘unknown. And we have a tendency to take off, to convince ourselves that we are the best and the most wanted, and to adjust the prices accordingly. But, that does not work, this year the customers saw our weaknesses, lack of manpower, improvisations, less good service. The best service in the highest accommodation categories is always the most sought after and the fastest to book. Still, that’s not even 10% of our capacity, as most hotels and family accommodations are in the mediocre category and want high prices. This will not work in 2022, ”said a long-time hospitality professional. on the heart rental situation.

According to the latest study from the European Travel Commission (ETC), 66% of Europeans plan to travel by March 2022. For the first time in a year, travel plans are spread evenly over the next six months. Recent research shows that after sacrificing socialization, travel, and fun for a long time, travelers want to make up for time they haven’t been able to spend on vacation in the past two years. If something doesn’t change due to the pandemic, business plans indicate hotels on the Adriatic will open in April 2022, when the first many rotations of air travel from Europe are announced.

The current interest in Croatia was confirmed at the world’s largest WTM tourism fair recently held in London, where airlines announced new routes and increased routes to Croatia next year.

“We have received some excellent announcements for next year from representatives of Jet2.com, our most important partners in the UK market, which brings us the largest number of UK tourists with TUI. In addition, partners for next year are announcing increased demand for Croatia and more airlines. Nevertheless, we all have an important task because the basic prerequisite for a successful tourist season will be a stable epidemiological situation ”, underlines the director of the CNTB, Kristjan Stanicic, announcing other promotional activities and projects aimed at positioning Croatia as a safe tourist destination with a rich offer.

Richard Owens, Business Development Manager at easyJet, says they have achieved great results in Croatia this year and have almost completely returned to 2019 trends. As a result, they plan to increase capacity and introduce new flights. to Croatia next year. At the same time, Frank Broersen of TUI expresses his satisfaction with the demand for Croatia, expecting the positive trends to continue and the recovery of the tourism market to continue next year.

This current good position of Croatia in the tourist market will seek to be confirmed in 2022, but many circumstances will undoubtedly be more unfavorable for Croatia. Currently, Spain, France, Italy and Greece, which recorded a massive drop in tourist traffic last summer, are recovering rapidly. Moreover, with a growing number of Europeans vaccinated and compulsory Covid passports, which will be almost ubiquitous in the travel industry in 2022, their expectations are high to bring back travelers, especially those who have discovered Croatia as a replacement for these tourist superpowers.

“Preparations for the next tourism year have started. From today’s perspective, it is quite clear that in 2022, security will be one of the critical conditions when choosing a travel destination, while the fulfillment of the season will largely require the provision of a quality workforce. In these years of crisis, we have superior facilities to achieve better results. Yet people are essential to maintain Croatia’s status as a high-quality destination in the Mediterranean, ”said Veljko Ostojic, director of the Croatian Tourism Association.

According to the eVisitor system, 683,000 customer arrivals were recorded in October, with 2.2 million overnight stays. Since the playoffs were halted last year due to a significant deterioration in the epidemiological situation, the numbers for October this year are higher than last year. Compared to the 2019 record, the number of tourist arrivals in October of this year is 61% of the October 2019 results, while the number of overnight stays is 70% compared to October 2019. During the first week of November, 31,649 foreign tourists stayed. in Croatia, with national hosts from Austria (4,980) and Germany (4,004), which totaled 122,656 overnight stays.

To learn more about traveling to Croatia, follow TCN’s dedicated page.


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Hotel reservations, revenues rebound after lockdown https://abnmiamihotels.com/hotel-reservations-revenues-rebound-after-lockdown/ https://abnmiamihotels.com/hotel-reservations-revenues-rebound-after-lockdown/#respond Wed, 10 Nov 2021 06:38:00 +0000 https://abnmiamihotels.com/hotel-reservations-revenues-rebound-after-lockdown/ The pick-up in bookings across Marriott’s portfolio – one of the largest in the country – is reflected in improved performance in major hotel markets in October, following the end of long lockdowns in Sydney and Melbourne and the removal travel restrictions in regional areas. Following the end of intra-state travel restrictions in Victoria on […]]]>

The pick-up in bookings across Marriott’s portfolio – one of the largest in the country – is reflected in improved performance in major hotel markets in October, following the end of long lockdowns in Sydney and Melbourne and the removal travel restrictions in regional areas.

Following the end of intra-state travel restrictions in Victoria on Friday, October 29, allowing Melburnians to travel to the regions, STR figures show that the daily occupancy rate in Victoria jumped to 57% the next day, after having been as low as 23% six days ago.

Regional markets surrounding Sydney, such as Hunter Valley and Blue Mountains, also saw a strong rebound in demand as Sydney residents headed for the countryside. STR recorded an occupancy rate of 48% at the end of October in this market, against only 11% at the start of the month.

Likewise, Sydney and Melbourne also saw higher CBD occupancy rates – 37% and 34% respectively – at the end of October, compared to a range of 15-25% in early October, although lagging behind the recovery. that occurs in the regions.

After four “extremely difficult” months, Matthew Burke, STR’s regional director for the Pacific region, said a phased approach to vaccinations and the easing of restrictions had led to an increase in the number of travelers and demand for hotels, holidaymakers optimizing performance.

“Based on our forward-looking data and the experience of the first Australian recovery, we will likely see leisure demand dominate the recovery for the remainder of 2021,” said Mr Burke.

Shantha de Silva, operations manager at Pro-invest Hotels, which will open Australia’s first Kimpton hotel in Sydney’s CBD in January, said she sees green shoots of recovery in her portfolio, which includes a number of Holiday Inn Express hotels.

“We expect the enterprise market to rebound to 80% of the pre-May 2021 foreclosure figures, with infrastructure, essential services and defense contracts making up a large part of the recovery,” de Silva said.

“Right now, leisure travel is defined by weekends, and while starting to expand, we only really expect a significant increase in demand once the traditional holiday markets have taken off. and the beach will be full, which is not far.

“In the CBD markets, the re-entry of quarantine hotels is having a significant impact on demand levels, with the influx of supply outstripping demand for recovery. However, we expect this to balance out over the next few months as more states begin to accommodate international travel without quarantine and international tourists and students return. ”

He added that Pro-invest was seeing “an impressive increase in bookings around major events and concerts” such as the upcoming Ashes series.

For Marriott, the strong recovery could not have come at a better time as it continues with new hotel openings and a major development program.

Later this month, a new Marriott in Melbourne’s Docklands will open, while in Hobart, the Tasman Hotel under its Luxury Collection brand will open in December.

“Our biggest concern is the job market. There were 100,000 working holiday visas issued in 2019 and these people are absent from the market, so there are real labor shortages, ”Mr. Hunt said.

“We will soon be launching a new recruitment campaign. We need to hire 1,500 people.

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S & P / ASX200 Drops As Successful Listed Hotel Reservations Provider https://abnmiamihotels.com/s-p-asx200-drops-as-successful-listed-hotel-reservations-provider/ https://abnmiamihotels.com/s-p-asx200-drops-as-successful-listed-hotel-reservations-provider/#respond Mon, 08 Nov 2021 02:27:00 +0000 https://abnmiamihotels.com/s-p-asx200-drops-as-successful-listed-hotel-reservations-provider/ SiteMinder achieved total annual revenue of AU $ 101.0 million in fiscal 2021 and total recurring annual revenue of AU $ 104.9 million in June 2021. Navigate the pandemic . All of that enthusiastic talk about the ASX continuing its momentum through morning trading has fizzled out as the market is down today. The S […]]]>

SiteMinder achieved total annual revenue of AU $ 101.0 million in fiscal 2021 and total recurring annual revenue of AU $ 104.9 million in June 2021. Navigate the pandemic .

All of that enthusiastic talk about the ASX continuing its momentum through morning trading has fizzled out as the market is down today.

The S & P / ASX200 lost 11.80 points or 0.16% to 7,445.10 after hitting a new 20-day high.

Over the past five days, the index has gained 1.01% and is currently at 2.46% of its 52 week high.

The worst performing stocks at the time of writing were Polynovo Limited down 7.69% and Clinuvel Pharmaceuticals (ASX: CUV) Ltd down 7.15%.

The company to watch this morning was Siteminder, which debuted on the ASX, up 36%.

The hotel reservations provider is capped at $ 1.4 billion, following its oversubscribed $ 627 million IPO, which saw the issuance of 123 million shares at $ 5.06.

“Today again reminds us that the innovators and market leaders of the world can emerge from Australia,” said General Manager and CEO of SiteMinder, Sankar Narayan.

“We are grateful to our employees, customers, partners and investors for supporting us throughout our 15 year journey to date.

“In particular, I am delighted with the extremely high quality of the shareholders who have joined us on our upcoming trip.”

SiteMinder achieved total annual revenue of AU $ 101.0 million in fiscal year 2021 and total recurring annual revenue of AU $ 104.9 million in June 2021. Revenue from the company have remained resilient during the height of COVID-19, even as SiteMinder has helped its tens of thousands of hotel customers navigate the pandemic.

“In many ways, we are just getting started. We are very happy to have taken this step, which represents the next step in the SiteMinder business and our ongoing evolution, ”said Narayan.

“The global hospitality industry has evolved like never before in recent times. The need for technologies like SiteMinder’s hotel commerce platform is of paramount importance as hotels have had to rapidly transform digitally, while adapting to the changing needs and behaviors of their guests.

Speaking of being on the boards …

Invigor Group (ASX: IVO) has received pledges to raise $ 8.6 million, priced at $ 0.10 per share, for the issuance of 86 million additional shares ahead of its request to resume trading, for which ASX has communicated its approval, subject to the planned restructuring.

Read: Invigor Group Seeks To Revive Trading As Data Analytics Industry Grows Rapidly

Invigor is a B2B data intelligence and solutions company that turns data analytics into dollars for the retail and service industries.

We hope to see him on stage again in the coming weeks.

On the front of the small cap

Golden Rim Resources Ltd (ASX: GMR) is up 16.67%, launching its second round of resource definition drilling on the Kada gold project in Guinea ahead of a first resource estimate.

Creso Pharma Ltd (ASX: CPH, OTCQB: COPHF) is up 12.59% after wholly owned Canada-based psychedelics company Halucenex Life Sciences Inc. receives results described as “exceptional” from initiatives of laboratory tests, highlighting the quality of Psilocybin from Halucenex API.

OzAurum Resources Ltd (ASX: OZM) is up 9.38%. OZM has encountered extensive gold impacts during reverse circulation (RC) drilling at the Mulgabbie North project, northeast of Kalgoorlie in Western Australia.

Elementos Ltd (ASX: ELT, OTC: ELTLF) is up 8%. ELT exceeded initial expectations with a 50% increase in the total mineral resource estimate (MRE) of its 100% owned Oropesa Tin project in Spain to 18.86 million tonnes at 0.40% of tin with a cutoff of 0.15% tin.

Red 5 Ltd (ASX: RED) is up 2.86% as it gets closer to gold production.

Volt Resources Ltd (ASX: VRC) Up 3.57%, Establishing Proof of Concept for Use of Bunyu Project Flake Graphite in Battery Anodes, Confirming Successful Battery Cell Cycle Test Results lithium-ion using coated purified spheronized graphite (CSPG).


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Shopee e-commerce platform launches into hotel reservations https://abnmiamihotels.com/shopee-e-commerce-platform-launches-into-hotel-reservations/ https://abnmiamihotels.com/shopee-e-commerce-platform-launches-into-hotel-reservations/#respond Fri, 05 Nov 2021 07:59:21 +0000 https://abnmiamihotels.com/shopee-e-commerce-platform-launches-into-hotel-reservations/ Shopee has partnered with Agoda and Booking.com to launch Shopee Hotel, allowing users to search, book and get instant confirmation for over a million accommodations worldwide, all through the Shopee app. Consumers will benefit from greater savings and exclusive travel deals, while still being able to discover major landmarks near the hotels of their choice, […]]]>

Shopee has partnered with Agoda and Booking.com to launch Shopee Hotel, allowing users to search, book and get instant confirmation for over a million accommodations worldwide, all through the Shopee app.

Consumers will benefit from greater savings and exclusive travel deals, while still being able to discover major landmarks near the hotels of their choice, which can inspire exploration of enclaves, neighborhoods and local attractions.

Shoppee Hotel to List Over 1 Million Accommodation Establishments Worldwide for Bookings

Meanwhile, hotel partners can enjoy a wider reach and greater visibility on the Shopee app.

Shopee Hotel will be rolled out in seven markets – Singapore, Malaysia, Thailand, Taiwan, Indonesia, Vietnam and the Philippines – just as domestic and international travel begins to pick up in most markets in the Asia region.

Research data from Agoda in September 2021 found that searches for domestic stays were up more than 57% from May. There was also a 37% increase in users in Southeast Asia looking for international destinations.

Terence Pang, COO at Shopee, said the company is keen to support the take-over of local travel and tourism businesses by promoting vacation ideas with hotel partners.

Damien Pfirsch, Commercial Director of Agoda, said: “Travelers know and trust Agoda and Booking.com to make travel easier because we are passionate about using our technology to connect people with the most choice. wide and the most advantageous offers, whether in Asia or in the world. This partnership with Shopee, the first with a regional e-commerce partner, will conveniently bring these great deals to Shopee customers, on a platform they know well.

“At the same time, we can better support our hotel partners and tourism operators by connecting them to the largest online shopping community in Southeast Asia. Such partnerships will help accelerate the recovery of the domestic and global travel and tourism industry in the long term. “


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EaseMyTrip Second Quarter Profit Jumps 330% YoY; airline segment, hotel reservations are increasing https://abnmiamihotels.com/easemytrip-second-quarter-profit-jumps-330-yoy-airline-segment-hotel-reservations-are-increasing/ Wed, 03 Nov 2021 07:00:00 +0000 https://abnmiamihotels.com/easemytrip-second-quarter-profit-jumps-330-yoy-airline-segment-hotel-reservations-are-increasing/ Online travel booking platform, EaseMyTrip reported a 330% year-over-year (YOY) increase in profit to Rs 27.1 crore in the September quarter (T2 FY22), compared to Q2 of FY21 when its net profit was Rs 6.1 crore. As the travel industry is on the road to recovery due to revenge travel after the deadly second wave […]]]>

Online travel booking platform, EaseMyTrip reported a 330% year-over-year (YOY) increase in profit to Rs 27.1 crore in the September quarter (T2 FY22), compared to Q2 of FY21 when its net profit was Rs 6.1 crore. As the travel industry is on the road to recovery due to revenge travel after the deadly second wave of COVID-19, EaseMyTrip said its gross booking revenue (GBR) stood at Rs. 895.1 crore , thus generating strong and sustainable growth for its shareholders, investors and customers.

Airline segment bookings grew 2.5 times, or 153% year-over-year, in the second quarter of FY22, while for the first half of the year (S1FY22), airline ticket bookings aircraft were multiplied by 3, indicating that the impact of the second wave of COVID-19 on the aviation industry was not as severe as the first. In terms of booking hotel nights, the company informed the exchanges that it increased 11x, or 961% year-on-year, for the second quarter of fiscal 22.

The company further stated that it had performed consistently across all businesses and continued to gain market share, increased margins and commissions, and improved operational efficiency.

“As the second largest online travel platform in India, we continue to deliver exceptional performance and generate greater value for our investors, shareholders and customers. Apart from the airline segment, the performance of companies such as hotels, buses, trains, vacations is exceptional. This growth is a direct result of our persistent efforts to innovate and build an efficient infrastructure to better serve our customers, ”said Rikant Pittie, co-founder of EaseMyTrip.

He further added that this growth also represents a strong recovery in India’s travel industry which has been severely affected due to the pandemic. “We are now extremely optimistic about the strong pent-up demand in the travel industry. We will continue to strengthen ourselves on all fronts and are confident that our continued focus on financial and operational efficiency will help us achieve sustainable business growth in the coming quarters. too, ”Pittie said.

EaseMyTrip is preparing for its very first acquisition, that of the B2B travel marketplace Traviate. It has also extended its international presence to six other countries: the Philippines, Singapore, Thailand, the United Arab Emirates, the United Kingdom and the United States.

Also read: SBI Q2 Results: Net profit increases 67% to Rs 7,627 cr

Read also: these companies posted a jump of more than 100% of their net profit in the second quarter; should you buy?


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Hua Hin remains calm, with few hotel reservations https://abnmiamihotels.com/hua-hin-remains-calm-with-few-hotel-reservations/ https://abnmiamihotels.com/hua-hin-remains-calm-with-few-hotel-reservations/#respond Tue, 02 Nov 2021 07:56:00 +0000 https://abnmiamihotels.com/hua-hin-remains-calm-with-few-hotel-reservations/ Hua Hin Beach remained calm on Tuesday, although the resort reopened to tourists on Monday. (Photo provided) PRACHUAP KHIRI KHAN: Hua Hin remained calm on Tuesday after it reopened to tourists, with only 10% of hotel rooms booked and those by Thai visitors. There has been no influx of foreign tourists. Rungroj Seeluangsawat, chairman of […]]]>

Hua Hin Beach remained calm on Tuesday, although the resort reopened to tourists on Monday. (Photo provided)

PRACHUAP KHIRI KHAN: Hua Hin remained calm on Tuesday after it reopened to tourists, with only 10% of hotel rooms booked and those by Thai visitors. There has been no influx of foreign tourists.

Rungroj Seeluangsawat, chairman of Prachuap Khiri Khan’s tourism industry board, said on Tuesday that reservations for November at most hotels were slow.

Only 10% of hotel rooms have been booked, and reservations have been made by Thais, said Mr. Rungroj, general manager of Hua Hin Grand Hotel.

So far, no reservations had been made by foreigners, he said.

The slowness in bookings could be due to confusion over travel requirements, he said. It may take a long time to pick up.

Most hoteliers and staff strictly followed public health measures.

Nithee Seeprae, deputy governor of the Tourism Authority of Thailand, said the country did not reopen to vaccinated tourists from low-risk countries until Monday, so the number of arrivals in the city of Hua Hin was may not be high yet. But in a week or so, he expected the number of foreign arrivals to start increasing.

Foreign visitors must have a negative RT-PCR test for Covid-19 no more than 72 hours before travel. Upon arrival in Thailand, they undergo yet another RT-PCR test and then go to hotels with a certificate from the Safety and Health Administration, the TAT deputy governor said.

While awaiting the result of their arrival test, tourists should stay in a hotel within a two-hour drive of the airport. If the result was negative, they could continue their journey.

He said Hua Hin could be more than two hours away, so he would suggest that the Center for Covid-19 Situation Administration reconsider the distance from the airport for the first night’s stay.

Dr Wara Selwattanakul, head of public health for Prachuap Khiri Khan, said the province reported 177 new cases of coronavirus and three other deaths on Tuesday. Among the new infections, four were illegal migrants from Myanmar.


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