Hotel and Travel Tech Game Changers 2020 Report: Now Accepting Submissions

Technology brands interested in being featured are invited to submit their latest innovations for the upcoming report presented by Puzzle Partner Puzzle Partner, the most trusted B2B travel and hospitality technology marketing agency, today announced that submissions are now being accepted for the upcoming Hotel and Travel Tech Game Changers 2020 Report. “We want to recognize the trailblazers and creators who help shape the future and who inspire the next generation,” explains Alan Young, Founder & CEO of Puzzle Partner. “Our industry is undergoing a sea of change on so many fronts, and this report is our opportunity to highlight those technology brands that are bringing cutting-edge solutions to complex business challenges and are helping lead transformation.” The mission of this report is to showcase the developments in the art and science of hospitality and travel technology and select those companies that stand out. Acceptance in the report is based on an impartial judging process to evaluate each submission on its uniqueness, innovation, and significance to the industry. Entries will be accepted until the end of January, and those selected will be contacted in writing. The final report will be available in February 2020. Technology brands interested in sharing their groundbreaking products and services can apply here: http://unbouncepages.com/game-changers2020

Sharm El-Sheikh’s tourism industry can recover with the right marketing

GlobalData has reported that Egypt’s Sharm El Sheikh’s tourism industry can thrive with the right marketing. Following the lifting of the four-year flight ban on the resort location, companies pounced to operate in Sharm El-Sheikh said GlobalData. Particularly with some good marketing to UK visitors, the tourism economy in the area could soar. According to a GlobalData survey, 63% of UK respondents are unlikely to change their plans because of a terrorist attack or political event. This compares to a global average of 54%, showing that UK residents tend to be relatively relaxed about travel threats. GlobalData’s travel and tourism analyst, Laura Beaton, commented: “Just hours after the ban was lifted, companies were jumping at the chance to resume operations. TUI has already begun selling holidays for 2020 and easyJet will launch flights to Egypt for the first time. In addition, Olympic Hotels will offer hotels previously exclusive to Thomas Cook, which will boost business for the area and mitigate some of the issues that may have occurred after the collapse of Thomas Cook.” However, officials from the company do believe that the area must work on marketing its attractive diving opportunities. Diving company Regaldive for example is offering two days free if a dive package is booked within a certain timeframe. Beaton added: “This should be leveraged by Egypt and will prove helpful in restoring perceptions among tourists. Scubatravel.co.uk, which compiles a list of popular dive spots according to review from divers, puts Thistlegorm in the Egyptian Red Sea as the fourth most popular location in the world. The Shark and Yolanda Reef in the Egyptian Red Sea comes in at fifth place for divers looking for a more natural adventure.” Beaton continued: “Sharm El-Sheikh will quickly bounce back because it is such an iconic destination for UK travellers. Holiday-makers have been circumventing the ban by flying indirectly or traveling across land from other parts of Egypt. Now that connectivity is restored, UK travelers will return much faster.”

The Most Important Problems for Startup Companies in Tourism in Iran

The lack of a clear pathway for entrepreneurs in the area of e-business is currently against these companies and they are deprived of the benefits of start-ups advantages, HotelNews reports. Applicants to launch a startup in the tourism market cannot find a gateway to the market, which is the License of official authorities. The market is foggy for start-ups, as the government is also banned from supporting, monitoring and helping new businesses.

Top global brands since year 2000 according to Interbrand report

You can now perform Umrah on a Saudi tourist visa

The cost of applying for an e-visa or a visa on arrival is 440 saudi riyals (around $117) plus VAT. People visiting Saudi Arabia on a tourism visa can now perform Umrah in the kingdom. In addition to that, women will not need to be accompanied by a male relative other than during the Haj season, according to a report by Saudi Gazette. The report also added that through this visa there won’t be a need for a sponsor. On Friday September 27, Saudi Arabia made history with the announcement that tourist visas will be available to citizens from 49 countries. The development is expected to create one million new jobs for the country by 2030. The tourist visa allows for a stay of up to three months per entry, with visitors able to spend up to 90 days per year in the country. The visa is valid for one year with multiple entries.

IHCL identifies properties for buyout possibility

The hospitality group is attempting to reduce its debt The Indian Hotels Company (IHCL) and its Singapore-based partner GIC have reportedly lined up seven to eight hotel properties for a possible buyout. A few months ago, IHCL created a platform (worth US$600 million) with Singapore-based wealth fund GIC to acquire operational hotels in India’s luxury segment. According to a report by moneycontrol.com, Puneet Chhatwal, IHCL’s MD told analysts that the group is now in the process of identifying a list of seven to eight assets, including “several distressed” ones. Chatwal said that the company was looking forward to be able to announce the buyout of at least one asset within the next three months. The group is currently attempting to reduce its debt that stands at INR1,975 crores (net debt) to less that INR1,000 crore. According to reports, IHCL could even look at its own properties for acquisition but is currently refraining from doing so as the market in India is slow.

A report of Khorasan-e-Razavi Tourism Activists' Trip to Sistan and Baluchistan

TV News report on the inauguration of the Western Hospitality and Tourism Training Center

Blackstone acquires 3 Florida hotels from RLJ for $43.2M

Hospitality industry power-player Blackstone Group has acquired three Florida hotels from an affiliate of RLJ Lodging Trust for $43.2 million, according to The Real Deal. The purchased properties, all Marriott brands, are located in Broward County near Fort Lauderdale. Blackstone purchased the adjacent 125-room Courtyard by Marriott Fort Lauderdale SW/Miramar and 130-room Residence Inn by Marriott Fort Lauderdale SW/Miramar, as well as the 138-room Residence Inn by Marriott Fort Lauderdale Plantation. All three hotels include an outdoor pool, fitness center and meeting space. The transaction comes on the heels of another Florida sale by RLJ, that of the 385-room Hilton Myrtle Beach Resort and the 255-room Embassy Suites by Hilton Myrtle Beach Oceanfront Resort. The REIT sold the two hotels for $156 million to an undisclosed buyer. Based on the trailing 12 months ending in May, the sales price represented a 12.9x earnings before interest, taxes, depreciation and amortization multiple and 6.7 percent capitalization rate, inclusive of $44.5 million in planned capital expenditures, according to the report.

TV Reports on opening ceremony of the largest hotel and tourism training center in the western part of the country

TV Report on the First National Exhibition of Tourism of East Azarbaijan Province

TV report of the opening of the Eleventh International Tourism Fair of Isfahan