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Travel Tech Announces Panels for Its Upcoming Policy & Innovation Showcase
Article - Travel Tech Announces Panels for Its Upcoming Policy & Innovation Showcase - Panels will focus on public policies needed to support tourism and major sporting events and the newest generation of travel tech innovators
CBRE 2025 Outlook: Investor Confidence in European Hotel Sector Remains High
Article - CBRE 2025 Outlook: Investor Confidence in European Hotel Sector Remains High - The CBRE's European Hotel Investor Intentions Survey 2025 reveals strong investor sentiment and strategic interest in the European hospitality sector. London continues to top the list as the most attractive investment destination.
Crowne Plaza Study Unveils Growing Demand for Blended Travel Beyond Traditional Work-Life Balance
Article - Crowne Plaza Study Unveils Growing Demand for Blended Travel Beyond Traditional Work-Life Balance - Crowne Plaza by IHG has released a white paper revealing a significant shift in travel trends. The demand for far-reaching flexibility beyond traditional work-life balance is rising, with an increasing focus on personal growth, mind-body equity, and connection during travel.
Brits Prioritize Holidays Amid Economic Uncertainty
Article - Brits Prioritize Holidays Amid Economic Uncertainty - Despite the rising cost of living and economic uncertainty, the UK population continues to prioritize holidays, viewing them as an essential expenditure. The average Brit takes nearly four breaks a year.
Event-driven Demand Fuels Growth in U.S. Hotel Industry According to HotStats Data
Article - Event-driven Demand Fuels Growth in U.S. Hotel Industry According to HotStats Data - Total Revenue per Available Room (TRevPAR) and Gross Operating Profit per Available Room (GOPPAR) in U.S. hotels increased by 6.1% and 6.5%, respectively, powered by high-impact events.
HVS Market Report - Albuquerque Hotels Bolstered By Market Expansion and Urban Development - By Zabada N. Abouelhana , Jack Burke , Trey Osadchey
Article - HVS Market Report - Albuquerque Hotels Bolstered By Market Expansion and Urban Development - By Zabada N. Abouelhana , Jack Burke , Trey Osadchey - Albuquerque is experiencing dynamic growth, as its rich cultural history is blended with modern developments, such as airport upgrades and hotel openings or renovations. These factors are helping to reshape the local hospitality market.
Escalating Trade Tensions Trigger Record Drop in US Hotel Bookings
Article - Escalating Trade Tensions Trigger Record Drop in US Hotel Bookings - The US hotel industry is facing a significant downturn due to a sharp decline in summer travel bookings, particularly from Canada, amid rising economic instability attributed to volatile tariff policies and geopolitical tensions.
The AC Hotel Pasadena, Designed By AXIS Architecture + Design, Officially Opens
Article - The AC Hotel Pasadena, Designed By AXIS Architecture + Design, Officially Opens - The new-build hotel project expands AXIS’ already extensive Los Angeles hospitality design portfolio, and delivers an elevated select service destination with a modern European design
Dual-Branded Motel 6/Studio 6 Hotel in Galveston, TX Listed for Sale
Article - Dual-Branded Motel 6/Studio 6 Hotel in Galveston, TX Listed for Sale - The 114-key dual-branded Motel 6/Studio 6 in Galveston, Texas, is up for sale. Despite recent renovations, the property is underperforming, creating an opportunity for an experienced operator to increase revenue and net operating income.
HVS Asset Management & Advisory Adds Two New Properties in Galveston, Texas
Article - HVS Asset Management & Advisory Adds Two New Properties in Galveston, Texas - The contracts are for the Beachfront Palms Hotel and the Quality Inn & Suites Galveston - Beachfront, and will take effect from April 15, 2025.
New Tariff Policies Pose Threat to US Economy: Deloitte's Economic Insider April 2025 Report
Article - New Tariff Policies Pose Threat to US Economy: Deloitte's Economic Insider April 2025 Report - Implementing new tariffs by the US government is expected to cause inflation and slow economic growth, with the uncertainty of the final tariff framework further aggravating consumer and business sentiments.
Global Travel Managers Predict Significant Decline in Business Travel Amidst US Policy Changes
Article - Global Travel Managers Predict Significant Decline in Business Travel Amidst US Policy Changes - A new poll by the Global Business Travel Association (GBTA) indicates that recent US government actions may significantly decrease the business travel volume by 2025, negatively impacting the sector's revenue and optimism.
Hyatt Opens Alila Dong'ao Island Zhuhai: An All-Suite Island Resort in Greater China
Article - Hyatt Opens Alila Dong'ao Island Zhuhai: An All-Suite Island Resort in Greater China - Located on the southwestern tip of Dong'ao Island, the luxury all-suite clifftop resort offers guests a tranquil retreat less than an hour away from Zhuhai city by ferry.
Economic Uncertainty Prompts Hesitation in Hotel Development Sector
Article - Economic Uncertainty Prompts Hesitation in Hotel Development Sector - The hotel industry faces significant challenges due to economic uncertainty, leading to hesitation in spending and investment, particularly in the development sector. Despite this, the basics of hospitality remain paramount, with consumers seeking value and unique experiences.
Gary Kunesh Senior Named Vice President and Chief Financial Officer for the Hospitality Ventures Management Group (HVMG)
Article - Gary Kunesh Senior Named Vice President and Chief Financial Officer for the Hospitality Ventures Management Group (HVMG) - Most recently, Kunesh served as vice president of financial planning and analysis with White Lodging Services
Kempinski and BTG Hotels Announce Expansion Plans in China
Article - Kempinski and BTG Hotels Announce Expansion Plans in China - The multi-year investment plan includes expanding Chinese Heritage Portfolio, launching a new lifestyle brand, supporting the Bristoria brand portfolio, and integrating membership systems.
Anne Fischer Named Chief Marketing Officer for the Schulte Hospitality Group
Article - Anne Fischer Named Chief Marketing Officer for the Schulte Hospitality Group - Most recently, Anne served as Chief Growth Officer of Wingstop, overseeing marketing and digital strategies for more than 2,000 restaurants.
Goldman Sachs Lowers U.S. Hotels Outlook
Article - Goldman Sachs Lowers U.S. Hotels Outlook - Investor sentiment in the U.S. hotel industry took a hit on Monday, with Goldman Sachs sharply lowering its RevPAR growth forecast amid signals of weakening consumer demand, rising economic uncertainty, and industry challenges spilling over from the airline sector.
Some Thoughts on Architectural Decisions on Technology - By Jorge Para
Article - Some Thoughts on Architectural Decisions on Technology - By Jorge Para - 'Architectural decision' is an umbrella term covering a wide range of choices in how we build software. In this article, I share a few thoughts on how we approach the architectural decisions on the structure of the software and the technology roadmap for the TrustYou CXP platform.
Beth Freedman Named Executive Vice President and Managing Director for the UK for MMGY Global
Article - Beth Freedman Named Executive Vice President and Managing Director for the UK for MMGY Global - Freedman brings with her a wealth of senior experience and an exceptional track record from award-winning creative and media agencies in both the UK and the U.S.
Optimizing Your Event Pricing Strategy: A Guide for Venue Managers - By Heather Apse
Article - Optimizing Your Event Pricing Strategy: A Guide for Venue Managers - By Heather Apse - In the event industry, one of the most critical decisions for any venue - whether a restaurant, hotel, or unique space - is setting the right price for your event offerings. Your event pricing strategy directly impacts both bookings and profitability, so it’s essential to approach it thoughtfully. Let’s go into the best practices for pricing your venue’s event space.
Radisson Hotel Group Introduces 'Revitalize Rooms' for Enhanced Guest Sleep Quality
Article - Radisson Hotel Group Introduces 'Revitalize Rooms' for Enhanced Guest Sleep Quality - The initiative will be implemented in four European Radisson Hotels properties: Radisson Collection Royal Hotel, Copenhagen; Radisson RED Liverpool; Radisson Blu Hotel, Madrid Prado; and Radisson RED Madrid.
Hilton to Introduce Waldorf Astoria Brand in Turks and Caicos with New Resort in 2028
Article - Hilton to Introduce Waldorf Astoria Brand in Turks and Caicos with New Resort in 2028 - The luxury island resort and residences, set to debut in 2028, will feature 175 guest rooms, branded residences, culinary options, a spa, fitness center, and meeting spaces.
CBRE Hotels Offers Country Inn & Suites Houston Intercontinental Airport East for Acquisition Amid Rapid City Growth
Article - CBRE Hotels Offers Country Inn & Suites Houston Intercontinental Airport East for Acquisition Amid Rapid City Growth - CBRE Hotels is seeking offers to acquire the Country Inn & Suites Houston Intercontinental Airport East, an underperforming institutionally owned property with significant potential for rebranding, amidst rapid growth in Houston's population and upcoming major events like the FIFA World Cup 2026.
Busy Season Vs Low Season Profits: A Guide to Seasonal Hotel Revenue
Article - Busy Season Vs Low Season Profits: A Guide to Seasonal Hotel Revenue - As a hotelier you are likely well attuned to the ebb and flow of demand that happens throughout the year. In this guide, we’ll explore why seasonality is so crucial to understand as a hotelier, actions we should take in each respective ‘season’ and how the seasons affect our profitability.
How All-In-One PMS Technology is Helping Hotels Utilize Guest Feedback in Real Time and Improve Satisfaction Scores - By Audrey MacRae
Article - How All-In-One PMS Technology is Helping Hotels Utilize Guest Feedback in Real Time and Improve Satisfaction Scores - By Audrey MacRae - Hoteliers leverage property-management system preference and sentiment data to boost guest satisfaction when the industry needs it most
Gurney's Montauk Resort & Seawater Spa in Montauk, NY Secures $235 Million Refinancing
Article - Gurney's Montauk Resort & Seawater Spa in Montauk, NY Secures $235 Million Refinancing - Smith Hill Capital and Bain Capital have announced a successful joint venture, which resulted in a $235 million refinancing for the iconic Gurney's Montauk Resort & Seawater Spa in Montauk, New York.