What Marriott CFO, industry experts think of CitizenM deal
Hospitality pros say Marriott will need to work hard to ensure CitizenM doesn’t cannibalize its other lifestyle brand, Moxy. CFO Leeny Oberg says that won’t be a problem.
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Sabre sells hospitality business for $1.1 billion
Travel technology and distribution company Sabre Corporation has agreed to sell its hospitality solutions business to asset management company TPG for $1.1 billion.
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Owner plans to cut up and remove five-star hotel from Beirut
UAE billionaire Khalaf Al-Habtoor is considering hiring a Chinese company to deconstruct his five-star hotel in Beirut and move it to another country, following a decision in January to end all investment in Lebanon…
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Marriott International to Acquire the citizenM Brand
Marriott International announced it has reached an agreement to acquire the lifestyle brand citizenM, a unique and innovative offering in the select-service segment. The transaction is expected to accelerate Marriott’s global expansion of its…
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French and spanish hoteliers unite against Booking.com
Two law firms—Eskariam in Spain and Geradin Partners in Paris—are teaming up with hoteliers in France and Spain over what they call "excessive commissions" from Booking.com…
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The hospitality gene: 15 wealthy families behind Asia’s hotel empires
From heirs of political dynasties to business magnates expanding into hospitality and hotel empires, these are the names to know the next time you find yourself on a private beach, cocktail in hand, wondering, ‘Who owns this place?’…
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Will the Human Touch Become the Ultimate Hotel Luxury in an Automated World?
The $50 room service hamburger wasn’t memorable for its Wagyu beef or truffle aioli. What made it extraordinary was the moment it arrived at 2 a.m., delivered to a jet-lagged executive by John, the room service attendant. With a quiet smile, John…
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Kyoto hotel forces Israeli tourist to declare non-involvement in war crimes - report
The tourist referred the incident to the Israeli Ambassador to Japan, Gilad Cohen, and sent a letter to Kyoto Governor Takatoshi Nishiwaki raising concerns over discriminatory practices.
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Disney World Hotels Face Unfortunate Glitch, Locking Hundreds of Out Their Rooms
You’re soaking up the final moments of your Disney World vacation inside of the hotels — the Florida sun on your face, a Mickey waffle in hand, and a morning full of magic ahead. Then, without warning, everything changes. You return to your hotel…
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Tongcheng beefs up its hotel management, as Wanda buys more time
It’s not a match made in heaven, at least according to shareholders of Tongcheng Travel Holdings Ltd. (0780.HK), which last week announced it would buy the hotel management, construction and design business of Wanda Hotel Development Co…
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Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.
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Driftwood recapitalizes 18 hotels
Following the $800 million recapitalization for their Space Coast portfolio, this transaction allows for some added leverage and liquidity for investors.
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New German management platform launched
Revo Hospitality has been born, as a rebrand and repositioning of the HR Group, reflecting its recent growth as a major European hotel manager
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New study: If You Spend $89 on OTA Commissions, Your Hotel's Occupancy Will Be 100%
According to research undertaken by Cornell University’s School of Hotel Administration in February 2025, hotels see strong financial returns from commissions paid to the OTAs.
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China’s Tongcheng Travel to Buy Wanda Hotel Manager for USD342 Million
Tongcheng Travel Holdings, a Chinese online travel services provider, has agreed to acquire Wanda Hotel Management Hong Kong for about CNY2.5 billion (USD342 million), beefing up its hotel assets and competitiveness…
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Why Hotel Tech Doesn’t Move Faster
Digital transformation in hotels isn’t stuck because hoteliers are scared of spending. In fact, hotels spend millions every decade on renovations, replacing FF&E (furniture, fixtures, equipment), and upgrading HVAC systems without blinking…
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Loyalty programs prove their value: CBRE
Loyalty fees increased by 4.4% in 2024, outpacing 2.7% revenue growth, but at just $5.46 per occupied room or 1.6% of total revenues…
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Hospitality Financial Leadership – The Secret That Hotel Brands Don’t Know
What hotel brands don’t know is that they can create great financial bench strength in their hotels and their owners will pay 100% of the cost. Brands also don’t know that they can create this bench strength with resources that are readily…
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