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Rosewood Hotel Group Appoints Kenny Toy as SVP, Commercial, to Lead Global Commercial Strategy from Hong Kong Office

📆 Rosewood Hotel Group appointed Kenny Toy as SVP, commercial, global. Reporting to COO Anthony Ingham, Toy is based in Hong Kong and will manage global commercial strategy. With over 20 years in commercial, marketing, and digital transformation, Toy aims to enhance sales, marketing, and revenue management. Previously managing director of Accenture Song in Hong Kong SAR, Toy's expertise in digital transformation and customer experience will drive growth and long-term value for Rosewood's portfolio.
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OpenAI Launches Self-Serve Ad Manager in ChatGPT, Introducing Conversational Context Targeting and In-Chat Checkout Integration

📶 On July 22, OpenAI launched a self-serve "Advertise in ChatGPT" manager, allowing advertisers to set budgets and targets by conversational context. It debuted sponsored product carousels with in-chat Checkout, partnering with Etsy and Shopify. This operates on the Agentic Commerce Protocol (ACP), standardizing product feeds into a 79-field spec, while Google and Microsoft adopt similar practices. The shift from keyword to conversational targeting challenges brands to ensure data is structured, aligning across platforms for optimal AI agent visibility.
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Oracle OPERA Cloud PMS Enhances Multi-Property Management for Hospitality Groups with Centralized Control and Local Flexibility

📈 Who? Hotel groups using Oracle OPERA Cloud PMS. What? Manage multiple properties in a single environment. Why? Ensure brand consistency, centralised insights, and efficient operations. How? By using shared guest profiles, optimised inventory, and centralised control with local independence. Where? Across hospitality portfolios. Key Features? Consolidated analytics in occupancy, ADR, RevPAR, and revenue. Benefits? Reduce manual processes, improve revenue strategies, and support business growth with a streamlined platform.
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Airbnb's Valuation Surges 43% to $112 Billion Despite Only 10% Growth in Bookings, Expands Offerings

🚀 Airbnb's valuation has surged 43% this year, reaching nearly $112 billion, although bookings rose by only 10%. Airbnb's success stems from expanding services like grocery delivery and car rentals across 20+ destinations, with experiences up 80%. Airbnb leverages its existing audience for new offerings, avoiding typical acquisition costs. Traditional travel assets like inventory and price are less vital than having an audience. Companies, including Zenvoya Inc., aim to replicate Airbnb’s model by integrating travel services into existing platforms.
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54% of Travelers Use AI for Trip Planning; Only 22% of Destinations Offer AI Trip Planners.

🚀 54% of travelers have used AI for trip planning, while 22% of destinations offer an AI planner. The April 2026 AI Readiness Report surveyed 1,006 U.S. travelers and 103 destination leaders, revealing a two-year industry lag. 29% changed travel plans per AI suggestions, and 40% discovered new places via AI. Destinations report a 70% organic traffic decline due to AI, with 72% fearing irrelevance without AI adoption in two years. Budget, staff, and skills are key barriers.
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