China seeks foothold in luxury hotel segment | Counter isolationism with action, facts, Sorenson urges | Hotel exit strategies evolve over time
April 27, 2017
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China seeks foothold in luxury hotel segment
Now that China has become one of the leading sources of outbound tourism worldwide, the Chinese government is getting into the luxury hotel business. The Nuo brand, developed with the Kempinskichain, seeks to establish China among luxury names.
Financial Times (tiered subscription model) (4/26) 
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The Concierge Desk
Counter isolationism with action, facts, Sorenson urges
Counter isolationism with action, facts, Sorenson urges
Sorenson (D Dipasupil/Getty Images)
The travel industry must step up to build confidence in globalization against the growing isolationism of the political scene, Marriott International CEO Arne Sorenson told a gathering Wednesday. Listening to concerns about safety and immigration while providing data about realities are imperative, he said at the Travel & Tourism Council Global Summit in Bangkok.
Skift (4/26) 
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Hotel exit strategies evolve over time
Hotel investors should start planning an exit strategy when they purchase a property and evolve the plan over time. "You can conceive and plan for an exit strategy and a million different things can happen between investing and the time you decide to exit and ultimately do exit," said Robert Leven of TPG Hotels & Resorts.
Hotel Management online (4/25) 
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Hospitality Trends and Technology
Westin partners with Peloton to bring exercise bikes into rooms
Westin is bringing Peloton exercise bikes into rooms and fitness centers, responding to guests who don't want to miss a workout while traveling. Miami's 1 Hotel South Beach added a SoulCycle studio last year.
Conde Nast Traveler online (4/26) 
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Poll: Gen Z poised to shape travel
A new poll by Virtuoso finds that those born between the late 1990s and 2010 are a major factor in family travel decisions. Generation Z's spending power will rival that of millennials in a few years.
Travel Weekly (4/26) 
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Silo Hotel opens in S. Africa
The Silo Hotel has opened with 28 rooms in Cape Town, South Africa. The property is attached to the soon-to-open Zeitz Museum of Contemporary Art Africa.
Forbes (4/26) 
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Spotlight on Development
Boutique hotel project ready to break ground in Chicago
A boutique hotel is ready to begin construction in Chicago's Hyde Park area. It will have 98 keys, a restaurant and fitness center.
Curbed (4/26) 
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International Update
New vehicle for Nicaragua benefactors: Exclusive resort
A homegrown organization that has coordinated an immense 25-year global philanthropic effort in Nicaragua intends to further that work via a 6-month-old luxury resort. Guests at the Nekupe Sporting Resort and Retreat will be courted as donors to the American Nicaraguan Foundation.
Bloomberg (4/26) 
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Viceroy Kopaonik Serbia ski resort on track to open in 2018
The Viceroy Kopaonik Serbia will open next year in the Kopaonik mountain range. The resort will feature 120 rooms and is the second ski lodge for Viceroy Hotel Group.
TravelMarketReport.com (4/26) 
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ILHA News
Compassionate travel provides all the comforts of home
Polls around the world show that the majority of consumers oppose animal testing of personal-care products, and the list of hotels that have embraced cruelty-free soaps, shower gels, and shampoos is growing. Read here.
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Powerpacks for renewable energy
Singita Lebombo and SweniLodges in South Africa’s Kruger National Park have teamed up with US-based Tesla Energy Products and SolarAfrica to continue ongoing sustainability and preservation initiatives, which are the cornerstone of how Singita runs its operations. Read here.
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Example, whether it be good or bad, has a powerful influence.
George Washington,
first US president
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