5 things to know: 17 January 2018
5 things to know: 17 January 2018
17 JANUARY 2018 10:15 AM

From the desks of the Hotel News Now editorial staff:

  • Jumeirah names Four Seasons exec as CEO
  • Dalian Wanda sells interest in London luxury project
  • India's hotel industry poised for growth
  • Organizations partner to lobby for international travel
  • Kimpton ends Guppy Love guest program

Jumeirah names Four Seasons exec as CEO: Global luxury hotel company Jumeirah has named José Silva as its new CEO, according to a news release. Silva was most recently the regional VP overseeing France, Switzerland, Spain and Portugal for Four Seasons Hotels & Resorts as well as the GM of the Hotel George V in Paris.

“I have always admired Jumeirah for its ‘dare to be different’ culture and its forward-looking vision,” Silva said in the release. “I am honored to have been appointed and fully committed to leading the business and the brand into its next level of growth. Jumeirah is one of Dubai’s most iconic brands and a symbol of the Emirate.”

Dalian Wanda sells interest in London luxury project: China’s Dalian Wanda Group will sell its interest in One Nine Elms, a luxury development project in London that includes a hotel, for £59 million ($81.3 million). The conglomerate has sold a number of its assets as the company has run into a number of financial challenges.

In November, the company acknowledged it was undergoing a strategic review of its international assets. Over the past year, the Chinese government has tightened restrictions on outbound capital, making it more difficult for companies like Dalian Wanda to acquire and maintain foreign assets.

India's hotel industry poised for growth: Changes to India’s tax structure and growth in tourism has hoteliers in the country feeling optimistic about what’s to come, writes HNN contributor Chitra Balasubramaniam.

“In the recent years, the Indian government has taken several steps to boost travel and tourism, which has benefited the hotel industry in the country. Also, the entry of multinationals and Indian hotel chains expanding internationally only reinforces the segment’s untapped business potential,” said Alok Chakravarty, director of sales and marketing for New Delhi-based Shangri-La Hotels & Resorts.

Organizations partner to lobby for international travel: In an effort to push the Trump administration and Congress to make changes to improve inbound international travel, the U.S. Travel Association, the American Hotel & Lodging Association and the Asian American Hotel Owners Association have come together to form the Visit U.S. Coalition, HNN’s Sean McCracken reports.

The U.S. has seen a decrease in its share of international travelers, said Roger Dow, president and CEO of the U.S. Travel Association. The U.S. captured 13.6% of global long-haul travel at its peak in 2015, he said during the announcement, but that dropped to 12.9% in 2016 and 11.9% in 2017.

International travelers typically spend about $4,400 during their visits to the U.S., said Katherine Lugar, president and CEO of the AHLA, during the announcement. In 2015, international travelers spent a total of $250 billion in the U.S.

Kimpton ends Guppy Love guest program: After years of providing goldfish to guests looking for a companion in their rooms, Kimpton Hotels and Restaurants has ended its Guppy Love program, USA Today writes.

“We partnered with PETA to humanely re-home the goldfish from the handful of properties where the Guppy Love program was active” Faith Yi, senior manager of external communications at Kimpton, told the newspaper. “It’s been beloved by guests over the years, but there’s always an ongoing evolution to our amenities and programs.”

Compiled by Bryan Wroten. 

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