What’s Happening at The Hotel Show, 4-6 June at Dubai
The Hotel Show 2024 is fast approaching, with the organizers announcing the participation of 28 countries.
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Luxurban hotels CEO and CFO buys $200k in company stock
In a recent move that has caught the attention of investors, Shanoop Kothari, the CEO and CFO of Luxurban Hotels Inc. (OTC:LUXH), has made a significant purchase of company stock. The executive acquired 800,000 shares at a price of $0.25 per share…
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The last time we did our CEO pay study it was pre-Covid, and things were looking very bright. Then the bottom fell out. Now in a post-Covid environment, it’s interesting to see some companies experiencing total recovery, while others have faced…
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Bizarre: Chelsea sell club hotel to subsidiary to avoid points fine
Many were outraged when Chelsea took extreme measures to avoid breaking the profit and sustainability regulations (PSR).
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Unpacking the Shift in Restaurant Tech Spending
Industry experts weigh in on why they think restaurant IT budgets are increasing and how that tech spend will affect the industry.
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How Hotels Can Leverage Financial Integration to Boost Efficiency and Profitability
Within a hotel organization’s finance and accounting departments, the importance of system integration cannot be overstated. Ensuring that all elements of the tech stack complement each other’s capabilities not only streamlines critical property…
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Track This Hotel Launches Service to Help Travelers Save on Hotel Bookings
Today, Track This Hotel announced the launch of its platform to help travelers manage hotel booking costs more effectively. By monitoring hotel rates after booking, the service alerts users to potential savings, offering a practical solution in a…
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The Singapore-headquartered subsidiary of Philippine-listed investment company DoubleDragon Corporation, Hotel101 Global Pte. Ltd…
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LE to present hotel development pipeline data at Hotec Ops
Bruce Ford, SVP and director of global business development at Lodging Econometrics, will present a U.S. hotel development pipeline overview with forecasts at the Hotec Operations 2024 event.
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Croatian Hoteliers Plan Moderate Price Increases, Reflecting Economic Trends
This year, Croatian hoteliers are raising prices for rooms, food, and drinks, but the increases will be smaller than last year, according to a survey conducted by the Croatian Tourism Association (HUT) and the Association of Employers in Croatian…
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Hourly workers are in demand—here’s how to win them back in a tight jobs market
As the needs of the workforce evolve, here are three practical things employers should be doing to attract the right people and hit their staffing goals.
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7 trends the hospitality industry should be talking about today and tomorrow
It’s been a choppy ride for the hospitality industry from the onset of the COVID-19 pandemic to the present. While most markets have regained a positive footing, there are several key changes.
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Choice's failed quest for Wyndham could not overcome hotel owners' resistance
Choice Hotels International's decision to drop its hostile takeover bid for Wyndham Hotels & Resorts is the second high-profile travel deal to disintegrate this month.
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The great hotel conversion trend
We are seeing an exciting increase in hotels enhancing shopping malls and high streets and saving empty office buildings. This in turn is helping to uplift the local community.
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Analysts tweak Airbnb stock price targets on bookings report
It started in San Francisco with two guys and a mattress…
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Starwood Capital and Jaws plan public listing via merger
Investment affiliates of Starwood Capital Group, which hold interests in a range of hotel properties, and Jaws Mustang Acquisition Corp (NYSEA: JWSM), a special purpose acquisition company, announced today their intention to merge, leading to a…
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Hotel Transaction Downtrend: Interest Rates Played Major Role in Soft 2023 U.S. Market
The “higher-for-longer” interest rate environment had a chilling impact on the U.S…
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Get Inside the Mind of a Hotel Owner
Understanding the challenges facing your host hotel’s owners can provide a useful perspective on their group-business decisions…
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