Issue 2540 - 29 September, 2020

    WTTC launches campaign

    The World Travel & Tourism Council has launched a campaign to promote the social benefits of travel. ‘Travel the World. Make a Difference’ will encourage people to share positive tourism experiences. The initiative aims to push the message of the many positive economic impacts that travel can deliver. An earlier Together in Travel campaign, launched [...]

    IPO for Yanolja

    South Korean accommodation booking platform Yanolja is planning a public offering. Backing from Booking Holdings and GIC last year gave the company a USD1bn valuation, reports Pulse. Yanolja earned revenues of KRW300bn last year, up 78.8% on the previous year. It is the country’s top B2B hotel booking service, and is expanding into event ticket [...]

    Minor-Marriott battle continues

    Marriott has failed in a fresh attempt to block claims from Minor International, over the JW Marriott Phuket. A Thai court has confirmed the country’s legal jurisdiction over the case. Landlord Minor has launched a THB570m claim for losses and damages over Marriott’s management of the hotel. A suit alleges a range of operataional actions that [...]

    Marriott Japanese push

    Marriott has signed eleven Fairfield by Marriott hotels in Japan. A deal with local developer Sekisui House extends an earlier agreement that delivered 15 Fairfields, signed in 2018. The hotels will be built on roadside rest locations in the Hokkaido, Hyogo, Okayama, Hiroshima and Kagoshima prefectures. The hotels, ranging in size from 50 to 1oo [...]