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305. SilkAir Appoints New Creative and Media Buying Agencies: The new appointments will see DDB collaborating closely with the airline on its brand communications on an initial two year contract beginning April 2013, whilst OMD’s media buying services for the Singapore market will commence in May 2013, also for a period of two years.

306. Carlson Rezidor to Open 20 Hotels in Indonesia Over Next 7 Years: Carlson Rezidor has signed a joint venture agreement with Indonesia’s Panorama Group that will accelerate Carlson Rezidor’s portfolio growth in Indonesia. Under the agreement, 20 Radisson and Park Inn by Radisson hotels will be developed in Indonesia over the next seven years. These hotels will be located in attractive tourist destinations and in top tier Indonesian cities includin

307. Eurozone Crisis Slows Rise in Global Hotel Prices: The Caribbean saw a 6% rise, North America had one of its best results in recent years growing at 5% and the Pacific gained 4%, all outpacing the global figure. Asia added 2% and Latin America 1% while the Europe and Middle East region registered a slight fall.

308. Hilton Signs Hotel in Yangon, Myanmar: Hilton has signed a management agreement with LP Holding Co., Ltd to manage the Hilton Yangon in Kyauktada Township, Yangon, Myanmar. The first Hilton Worldwide property in Myanmar, the 300-room Hilton Yangon will also be the first Hilton Hotels & Resorts branded hotel and is scheduled to open in 2014.

309. World Debut for Rolls-Royce Wraith at Geneva Motor Show: Rolls-Royce will unveil the Wraith, the most powerful and dynamic Rolls-Royce in history, at the Geneva Motor Show. Bold lines, tension in the panels and a raked rear screen evoke the image of a world class athlete poised in the starting blocks. Further expression of dynamic intent can be seen in Wraith’s deeply recessed grille, wide rear track and dramatic two-tone presentation.