Hotel technology predictions for 2025
In the face of low or flat rate growth, hotels will turn to ecommerce, actionable data insights, and generative AI to maintain profitability.
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Outlook 2025: Long-term view to trump geopolitical noise
Despite the complex geopolitical outlook affecting markets at the dawn of 2025, savvy hospitality investors would do well to keep their eye on the long-term prize, experts suggest.
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Europe gains pricing control as hotels tackle rate parity
The European hotel market is leading in price parity by outperforming OTAs and Metasearch engines with more aggressive pricing, according to the World Parity Monitor by 123Compare.me, giving hotels real-time control of its pricing distribution…
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Members include Barceló Hotel Group, Iberostar Hotels & Resorts, Kempinski Hotels, Meliá Hotels International, Minor Hotels, Pestana Hotel Group, and Radisson Hotel Group.
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“No One Is Pushing the Hotel Industry to Change Faster Than the Savvy Indian Traveller”: SiteMinder
SiteMinder, the world’s leading hotel distribution and revenue platform, has released SiteMinder’s Changing Traveller Report 2025, the largest survey globally on accommodation, revealing that Indian travellers are emerging as the most influential…
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France sees a decrease in hotel occupancy rates
The trend raises concerns about the sector's recovery and future stability amid shifting travel patterns and economic pressures.
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Asia-Pacific hotel investment growing in 2024
Asia-Pacific hotel investments will total US$12.2 billion for the full year 2024 as an influx of investment activity, a more favourable interest rate environment and generally supportive macro and microeconomic developments will positively impact…
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Hotel performance in 2024 - An unpredictable market with silver linings
Rising costs, changing booking trends, good leaders, and even the weather…are just some of the things that have influenced the performance of hotels so far this year.
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The weirdest room service requests revealed, including caviar hot dogs and fresh goat’s milk
Gone are the days when guests simply ordered a club sandwich and skinny fries. Hotel guests make some rather outlandish and unusual room service requests, according to a new report.
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With the pandemic largely in the rearview mirror, the last twelve months have been about interest rates, less transactions, and wild presidential election cycles worldwide. The hotel industry will be impacted in significant ways as these issues…
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Global hotel rates starting to rise ‘more moderately’
Hotel prices in key global business travel cities are now going up at a “more moderate rate” than in the previous two years, according to the latest data from accommodation booking specialist HotelHub…
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Rocco Forte Hotels counts cost of £1.4bn deal with Saudi Arabia’s Public Investment Fund
Profit at the British hotel group co-founded by Sir Rocco Forte was cut by more than half during its latest financial year as it sold a significant stake to Saudi Arabia’s Public Investment Fund.
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Frequent hotel fires in South Korea point to lack of sprinklers
Following Thursday’s hotel fire in Bucheon, Gyeonggi Province, which claimed seven lives and injured 12 people, concerns have been raised about the lack of fire safety measures in accommodations here.
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Turkey Tourism Industry Faces Surprising Slowdown in 2024
As the summer of 2024 unfolds along Turkey’s picturesque Mediterranean coastline, a striking change has emerged that has left many in the tourism industry concerned. Traditionally, the region’s beaches are packed with sun-seeking tourists, so…
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International hotel performance drops in China: Is business travel to blame?
Business demand accounts for approximately 60% of hotel stays, while leisure demand makes up the remaining 40%.
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The global hotel industry is experiencing a significant surge in development, with the United States and China at the forefront. According to Lodging Econometrics’ (LE) Q2 2024 Global Construction Pipeline Trend Report, the worldwide hotel…
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Soft brands move into midscale
For the first 10 years of their existence, soft brands were largely an upper upscale and luxury phenomenon. But in recent years, several major hotel companies have been introducing soft brand collections in the midscale segment of the market. Due to…
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Data Analytics of Yesteryear: What Is New Is Old
Many of us go on big trips to celebrate milestones in our lives – birthdays, weddings, anniversaries, graduations, retirements.
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