Global companies are seeing a dramatic shift away from the classical employment model of hiring full-time employees to work a typical 9 to 5 hour shift to a new collaborative, transparent, technology-enabled approach. This 'open talent economy' approach is outlined in report launched today by Deloitte Touche Tohmatsu Limited (DTTL).
Overall UK hotels are expected to see a 5.6% gain in RevPAR (revenue per available room) in 2015 (to £67.39), driven by a 4% rates growth (to £86.49) and a 1.6% increase in occupancy (to 78%). This is underpinned by a continued strong recovery in the Provinces as well as strong growth in London, especially next year.
International tourist arrivals grew by 4.6% in the first half of 2014 according to the latest UNWTO World Tourism Barometer. Destinations worldwide received some 517 million international tourists between January and June 2014, 22 million more than in the same period of 2013.
Wyndham Hotel Group Signs Deal for First Wyndham Resort in Costa Rica
Features of the new project will include: An approximate total investment of $1.4 billion in the resort expansion and amenities - Nearly 800 new guest rooms and lavish suites with spectacular architecture from Kohn Pedersen Fox Associates (KPF) and interior design by GA Design.
Dubai hotels report a 3.7 percent drop in RevPAR for August 2014
Most popular articles shared on social networks by our readers this week