The Hongkong and Shanghai Hotels’ CEO Clement Kwok says the luxury hotel group remains cautious on the business outlook despite the momentum in “revenge-spending”.
Source
Labor supply in hospitality sector is “very tight” given wage inflation: HSH CEO
Travel
Marriott International eyes major India expansion, targets 90 cities by 2026
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rajeev Menon, APEC President of Marriott International, says India is a cornerstone of the company’s global strategy. They plan to double their presence in the country by next year, expanding into 90 cities. The company sees strong potential in India’s rising middle […]
Read More
Travel
Hilton CEO on opening 150+ hotels: It’ll be a really, really good year again
Chris Nassetta, Hilton Worldwide CEO, joins ‘Squawk on the Street’ to discuss Hilton’s demand picture, the impact of tariffs and much more. Source
Read More
Travel
IATA’s 2025 Global Outlook sees increases to profitability
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The International Air Transport Association (IATA) announced it’s revised financial outlook for 2025. IATA’s Director-General Willie Walsh, joins CNBC’s Monica Pitrelli in New Delhi, to discuss the updated forecast. Source
Read More