PwC | Global news | Hospitality & Travel

An overview of PwC global news:

Indonesia

Indonesian online travel unicorn Traveloka makes 'significant impact' A study from PwC has highlighted the contributions Jakarta-based travel company Traveloka has made in the tourism sector as well as in other areas such as agriculture and energy.
22 September 2023
United Kingdom

PwC and legal advisers help Travelex restructure its debt Professional services firm PwC has clinched a restructuring deal for Travelex, which appointed administrators earlier in August. The news safeguards around 1,800 jobs in the UK.
17 August 2020
Australia

Coronavirus could deliver a $2 billion hit to Australia's economy A reduced flow of people from China as a result of the Coronavirus might deal a $2.3 billion blow to the Australian economy, according to a PwC study.
02 February 2020
United Kingdom

PwC advises Marriott on acquisition of UK-listed Elegant Hotels US multinational hospitality brand Marriott International has closed the acquisition of Elegant Hotels Group for $130.1 million.
27 January 2020
United Kingdom

EY and PwC also sold consulting work to Thomas Cook Big Four audit and advisory firms PwC and EY have come under scrutiny for selling consulting and accounting services to Thomas Cook in the lead up to the company’s collapse.
05 November 2019
Australia

PwC Indigenous Consulting to develop tourism master plan for Kakadu PwC Indigenous Consulting has been tapped to develop the Kakadu Tourism Master Plan as part of the government’s $216 million effort to boost tourism to the park.
28 August 2019
South Africa

Competition and digitalisation are driving hospitality prices down in South Africa The rise of online travel sites in South Africa might be a boon for tourists, but it is hindering revenue growth for the hospitality sector, according to a new report from Big Four accounting and adv
15 July 2019
United Kingdom

Price comparison websites disrupt UK hotel industry The way travellers arrange accommodation for vacations has seen seismic shifts in the last few years.
07 June 2019
United Kingdom

Women remain underrepresented in UK's hospitality industry leadership Female engagement at the top level of the UK hospitality industry is still lagging, with the vast majority of decision-making roles continue to be held by men.
12 April 2019
United Kingdom

Hotel demand slows amid price pressures in London Hotels form a key part of the wider tourism and business traveller ecosystem in the UK.
05 December 2018
South Africa

BRICS membership drives growth for South Africa's tourism industry As the leaders of Brzil, Russia, India, China and South Africa (BRICS) converge for the 10th annual BRICS summit in Johannesburg, PwC’s consulting arm Strategy& has found that the direct, indirect an
30 July 2018
Middle East

Middle East tourism sector can capitalise on global trends, says PwC On the verge of massive growth, the tourism and hospitality industry of the Middle East must act now to respond to and capitalise on the global trends which will impact the regional sector, as outlin
09 May 2018
Europe

Amsterdam, Lisbon, Porto and Prague lead hotel growth in Europe Record tourism in Europe is providing more than enough business to satisfy hotels and the disruptive shared economy led by Airbnb.
24 April 2018
South Africa

Former PwC'er Sean Joubert new CEO of tourism group Tourvest Sean Joubert, who has formerly been an Auditing Supervisor at global professional services firm PwC, has been appointed the new CEO of tourism group Tourvest.
30 November 2017
United Kingdom

Five consulting firms advise on acquisition of Willerby by Equistone Equistone Partners has purchased a majority stake in UK-based static caravan manufacturers Willerby from Caird Capital, for an undisclosed fee.
29 June 2017
United Kingdom

PwC: European hotel business to flourish in 2015-2016 European hoteliers are expected to see higher growth in 2015 and 2016, PwC’s hotel forecast of 20 European cities shows.
05 March 2015

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