Tourist arrivals continue to recover
The Malta Hotels and Restaurants Association (MHRA) today presented the BOV Quarter 3 2022 Hotel Performance Survey as prepared by Deloitte at SeaView Hotel, Bugibba. On a cumulative basis, tourist arrivals for the first six months of the year reached 75% of 2019 levels, almost matching the same length of stay as in 2019. […]
Liz Truss’ nemesis
Last week, Liz Truss resigned office citing that she cannot execute her mandate. Whether the mandate she referred to relates to the Tory’s mandate or her leadership campaign mandate we still need to see. A day prior to her resignation, the media was betting whether a lettuce would last longer than Liz Truss’ premiership. Ironically, […]
Diplomacy, birthday gifts and binoculars
Almost a fortnight ago we assisted for the first summit of the newly established informal platform of the European Political Community. The meeting was convened at Heads of State and Government level in Prague, also in view that the Czech Republic is currently presiding the Council of the EU. The idea of establishing a European […]
Ceteris Paribus
A study commissioned by the Malta Hotels and Restaurants Association (MHRA) revealed that when considering the current bed stock, Malta requires around 4,700,000 arrivals and an accompanying booking of an average of roughly seven nights per tourist to reach an occupancy rate of 80% throughout the year. Environmentalists might argue that the figure is astronomical […]
Putin’s unique map
Last week we all witnessed the annexation of sovereign Ukrainian parcels of land to the Russian territory, following the sham referenda held in the four regions of Donetsk, Luhansk, Kherson and Zaporizhzhia. According to President Putin, besides Crimea that was annexed in 2014, the Russian territory now incorporates the other four regions. Absurdly, we have […]
EU corporate sustainability and due diligence rules must be clear and implementable
On Tuesday, the Malta Business Bureau (MBB) held a business session on the EU proposal for a Corporate Sustainability Due Diligence Directive (CSDDD). This Directive complements several other EU Directives such as the Corporate Sustainability Reporting Directive and the Taxonomy Regulation that look to improve the Environment, Social and Governance responsibility of companies. The business […]
Pointing to the right
Last week, almost on the eve of the Italian elections, the President of the European Commission was delivering a speech and the media asked a question on whether there are concerns about the Italian elections. President von der Lyen replied that whatever democratic government is willing to work with the EU, obviously they will be […]