Hyatt to Acquire Apple Leisure Group, Expanding Presence in Luxury Leisure Travel

HyattAcquiresAppleLeisureGroup

16 August 2021: Hyatt Hotels Corporation has announced that Hyatt has entered into a definitive agreement to acquire Apple Leisure Group (ALG), a leading luxury resort-management services, travel and hospitality group, from affiliates of each of KKR and KSL Capital Partners, LLC for $2.7 billion in cash. The transaction is anticipated to close in the…

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Rising Popularity of Organic Sustainable Tourism to Boost Growth: Technavio

SustainableTourismTechnavio

14 August 2021: Technavio has been monitoring the sustainable tourism market, operating under the hotels, resorts & cruise lines industry. The latest report estimates the sustainable tourism market to register a decremental growth of USD 130.12 billion, at a CAGR of over (5)% during 2020-2024. The market is fragmented, and the degree of fragmentation will…

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Visiting friends and relatives will be a driving force behind travel’s recovery

VisitingFriendsTourismGlobalData

14 August 2021: A desire to reconnect with family and friends after a year of stringent lockdown measures due to COVID-19 is likely greater than a leisure getaway in 2021 and therefore its power should not be underestimated in travel’s recovery, says GlobalData, a leading data and analytics company. Johanna Bonhill-Smith, Travel & Tourism Analyst…

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Bangalore International Exhibition Centre (BIEC) – Pioneering Premium Exhibition Venue

BIECBangalore

14 August 2021: Bangalore International Exhibition Centre (BIEC) is India’s premier exhibition and conference facility for B2B & B2C exhibitions and MICE. Spread across a 57 acre lush green campus, BIEC is one of India’s largest exhibition venues with a built-up area of 1,10,000+ sq. mtrs. which includes indoor exhibition space of 77,200 sq. mtrs.,…

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“Powerful pioneers for 30 years”: Intersolar turns 30

SolarExpo30Years

14 August 2021: After three decades of working towards a sustainable energy supply for the future, Intersolar, the world’s leading exhibition series for the solar industry, is celebrating its 30th anniversary this year. Having started off as the local Solar ’91 exhibition, Intersolar has evolved to become the most important solar industry platform in the…

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“MICE Winnovation”: TCEB Supports 18 Online Events to Further Strengthen MICE Technology Innovation

MICEWinnovationTCEB

14 August 2021: With an aim to move ahead with technology-based development, TCEB has agreed to support 18 online events under its “MICE Winnovation” project to be organised this year. This is adding to the previous success of business-matching between MICE operators and tech entrepreneurs in developing and adopting event-specific innovations resulted in 150 parings….

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