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HOTEL EXECUTIVE

Shiji, the global hospitality technology leader, has been recognized as a Major Player in the IDC MarketScape: Worldwide Hospitality Property Management Systems (PMS) 2025 Vendor Assessment, underscoring its rapid ascent and growing influence in the global PMS market. Shiji has demonstrated the fastest growth trajectory of any provider over the past three years and ranks third in overall market share in the report. In just three years, Daylight PMShas made the most dramatic leap of any PMS on the IDC MarketScape, rising from a "Contender" position in 2022 to just shy of "Leader" status this year. This acceleration reflects strong adoption by innovative hotel brands worldwide, as well as Daylight PMS' proven scalability, robust functionality, and ability to meet the evolving demands of enterprise and independent operators alike. Shiji solutions now power tens of thousands of hotels across the globe, including some of the industry's most recognizable names. Daylight PMS benefits from Shiji's extensive global presence, with local service units, multilingual support centers, and fiscal compliance structures already in place across every major region. This allows hotel groups to scale internationally with confidence, while meeting regional requirements without added complexity. "We believe this recognition in the IDC MarketScape validates not only the strength of Daylight PMS, but also the incredible progress Shiji has made in just a few years," said Kevin King, CEO of Shiji International. "Climbing faster than any other provider reflects our mission to deliver critical technology that give hoteliers the flexibility, scalability, and control they need to succeed in a competitive and rapidly changing environment." The IDC MarketScape evaluation is based on both vendor capabilities and buyer perception. To be considered, providers must demonstrate a strong global presence, serve enterprise hotel groups, and offer an enterprise-ready PMS deployed across multiple properties worldwide. Inclusion also requires significant revenue, proven multi-property deployments, and the ability to support diverse hospitality models including luxury, full-service, economy, resorts, casinos, and alternative lodging. Shiji's emphasis on holistic guest profiles and robust integrations was also noted as a key differentiator, helping hotels deliver more personalized experiences while optimizing operations. Daylight PMS further offers features such as centralized guest management, integrated meetings and events capabilities, advanced reporting, and enterprise-level security. For more information about Shiji and Daylight PMS, visit www.shijigroup.com.

HOTEL EXECUTIVE

In the fast-changing world of business travel, BusinessHotels.comhas emerged as a fresh and independent force, offering an alternative to traditional corporate travel booking systems. Built with the modern traveler in mind, the platform is completely free to use , requires no memberships or contracts, and caters equally to business and leisure travelers - a market now widely known as "bleisure" travelers. Today, about 50% of BusinessHotels.com's users are combining work and leisure trips , reflecting a significant shift in the global travel landscape. By focusing on simplicity, transparency, and user empowerment, the company has established itself as a key player in the next wave of business travel technology. Filling the Gap in Business Travel was founded to solve a common frustration shared by millions of business travelers: the lack of a streamlined, unbiased platform that prioritized business needs without pushing vacation packages or requiring complex corporate contracts. The platform eliminates many of the pain points of booking hotels on the go: No booking fees or hidden charges Free to use for anyone, anywhere Instant access to thousands of hotels globally Optimized for mobile-first business travelers With this approach, BusinessHotels.commakes it easier for independent professionals, small business owners, and remote teams to find hotels that fit their needs - whether for a quick business trip or a longer stay. Supporting the Bleisure Traveler One of the most notable trends reshaping the travel industry is the rise of bleisure travel. BusinessHotels.comhas evolved its offerings to serve this growing audience, providing hotel options for quick meetings, corporate stays, and weekend getaways alike. By allowing travelers to seamlessly extend their stays or add leisure destinations to their itineraries, the platform has become a go-to resource for professionals who no longer want to separate their work and personal lives rigidly. The Vision of the Connected Trip Connected Trip BusinessHotels.comis not just stopping at hotel bookings. The company is laying the groundwork for a broader travel ecosystem under the " Connected Trip for Business " vision - a seamless integration of all essential travel services into one connected experience. Through future integrations with partner sites like ConnectedTrip.com , the platform will eventually enable travelers to book: Flights through BusinessFlights.com Rental cars and executive transport via BusinessCars.com Extended stay accommodations through BusinessStays.com Business-friendly activities and local events via BusinessActivities.com This comprehensive approach aims to eliminate the hassle of managing travel across multiple platforms, creating a one-stop-shop super app for business travelers. A Platform Designed for Unmanaged Travelers Unlike corporate travel agencies that cater to large companies, BusinessHotels.com was built for the millions of unmanaged business travelers who plan and book their own trips. This includes freelancers, consultants, startup teams, and remote workers - a segment of the travel market that has historically been underserved. The platform's revenue comes from standard hotel commissions, not from fees charged to travelers. This ensures that the best available rates are passed directly to users, without markups, hidden charges, or subscription costs. Simple, Transparent, and Independent At its core, BusinessHotels.com champions transparency and user control. There are no barriers to entry: no required logins, no paid accounts, and no exclusive partnerships that skew search results. The company's traveler-first philosophy ensures: Open access to hotel inventory worldwide Clear, competitive pricing without middleman markups Seamless booking processes ideal for busy professionals By staying independent from larger corporate travel programs, the platform remains agile, responsive to user needs, and focused on delivering value without unnecessary complexity. Shaping the Future of Business Travel As BusinessHotels.com expands its platform and partnerships, its vision for the is becoming clearer. The company is setting out to create a unified travel ecosystem where business travelers can manage every aspect of their trip in one place. This approach is a stark contrast to fragmented legacy systems, offering a simpler, smarter, and more human-centered travel experience . With the Connected Trip, users will eventually be able to book a hotel, flight, car, and activity within minutes, all from a single platform designed for the way modern professionals travel. A New Standard in Business Travel In an industry dominated by expensive corporate travel programs and subscription-based booking tools, BusinessHotels.com offers a refreshing alternative. With its free, open-access approach and future-focused vision, the platform is poised to shape the next generation of business travel. As the global workforce becomes more remote, flexible, and travel-savvy, BusinessHotels.com is helping travelers take control of their journeys - whether they're heading to a meeting across town or extending a work trip into a weekend abroad. For unmanaged business travelers and bleisure adventurers alike, BusinessHotels.com represents a new standard: free, transparent, and built for the connected future of travel.

HOTEL EXECUTIVE

After more than 35 years in the retained executive search industry - including 12 years as CEO of HVS Executive Search - Court Williams will be retiring from his role in January 2026. Court has been a driving force behind the firm's growth, its enduring client partnerships, and its global presence. His leadership has shaped the culture, values, and reputation of HVS Executive Search, and his legacy is deeply embedded in the firm's identity. To ensure a seamless leadership transition and continued support for our clients and team, Court will remain actively engaged with the firm as Chairman Emeritus, providing strategic guidance and mentorship over the coming years. We are also pleased to announce that Alice Sherman has been appointed Chief Executive Officer of HVS Executive Search, beginning January 1st, 2026. Alice has been instrumental in advancing our global capabilities, strengthening client partnerships, and fostering a high-performing team and collaborative culture. In her most recent role leading the Americas practice, Alice has overseen significant growth across the region and played a key role in supporting the firm's broader global initiatives. Her strategic perspective, operational focus, and commitment to client service have positioned her well to lead HVS Executive Search into its next chapter. In her new role, Alice will take on a bi-coastal presence between Washington, D.C., and Los Angeles - two key hospitality hubs - as she guides the firm into its next phase of growth. Her dedication to leadership development and commitment to excellence make her uniquely suited to drive the firm's evolution, strengthen its position as a trusted partner to the global hospitality industry, and deliver lasting value for our clients. "Court has played a pivotal role in shaping HVS Executive Search into the respected global brand it is today," said Stephen Rushmore, President and CEO of HVS. "His steady leadership and deep client relationships have had a lasting impact on our organization and the broader hospitality industry. We are fortunate to have Alice Sherman step into this leadership role - her energy, experience, and vision position her perfectly to lead the firm into its next chapter." Please join us in celebrating Court's remarkable career and welcoming Alice into her new role as CEO. The future of HVS Executive Search is bright, and we look forward to what lies ahead.