ME Guangzhou Hotel to Open in 2027 in China

Meliá Hotels International announced the signing of a ground-breaking agreement with Guangzhou Aocheng Investment Company Ltd. This collaboration will mark a significant milestone for Meliá's iconic ME by Meliá brand as it makes its debut in the Asia Pacific region.
Source: New feed

Travel and Tourism Sector Deal Activity Down by 33% YoY in Q1-Q3 2023

A total of 558 deals were announced in the travel and tourism sector globally during the first three quarters of 2023, which was a decline of 33% compared to the announcement of 833 deals during the same period in 2022, according to GlobalData.
Source: New feed