“When you think of revenue management, which is the first department that comes to mind?”
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Lodging company chiefs agree: India is the next big play
Hotel company CEOs are some of the most pollyannaish folk in business. The biggest cheerleaders of travel and hospitality have a duty to tell it like they think it is—even if it’s not. Leave the honesty to the hotel developers and lenders…
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Marriott International, Inc…
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Travelodge opens collection of new hotels in Spain as hotel chain continues its expansion
Travelodge, the UK’s first budget hotel brand which operates over 600 hotels across the UK, Ireland and Spain, continues its Spanish expansion and has today announced the opening of five new Travelodge hotels; Alicante Puerto, Barcelona del Valles…
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The Luxury Sustainability Conundrum
Climate change is one of the most significant challenges society is facing, but we are currently trapped in what feels like a phony war. We know we should act, but there is limited international guidance as to how and little immediate legislation to…
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The Access Group Expands In North America With Acquisition Of Hotel Tech Specialist SHR Group
The Access Group, a $1.3bn+ business management software provider, has added global hotel and casino technology specialist SHR to its expanding AI-powered end-to-end platform for hotels.
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European Hospitality Industry Faces Looming 'Chain-Ification'
Small, family-owned hotels are still numerous throughout the European hospitality market, but recent investment data suggests the existing status quo is unlikely to last.
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Howdy, partner! Lodging companies to management companies choose partnership over M&A
Sometimes, it’s better to rent or lease than to straight out buy. In homes and cars, yes—what about in the hotel business?
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Occupancy vs ADR, the Never Ending Discussion in Revenue Management
Since the early days revenue management has been applied in hotels, there has been an intriguing ongoing discussion. What drives more value to the business, ADR, average daily rate, or occupancy?
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Rising hotel rates take their toll on international business trips
The number of international business trips has declined in 2024 with domestic travel now making up a larger proportion of total bookings, according to data from accommodation technology specialist HotelHub…
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It’s 2024: When will women in hospitality features become unneeded?
HOTELS: It’s 2024, when will “Women in Hospitality” features cease being written because the industry has reached a point where sex doesn’t matter?
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FROM SECURITY TO CLOUD, 4 TECH INSIGHTS FROM HOSPITALITY EXECS
Where should the hospitality industry be putting its technology investment? Cloud computing? Artificial intelligence? Sunsetting legacy technology? What are the priorities and is it spending enough?
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Minor Hotels, an international hotel owner, operator and investor with more than 540 hotels in 56 countries in Asia Pacific, the Middle East, Africa, the Indian Ocean, Europe and the Americas, is pleased to announce the signing of a strategic…
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Three Black-owned hotels empower their communities
On most Caribbean islands, tourism drives the local economy. But not everyone has benefitted. Hundreds of years of enslaved labor in the Caribbean, followed by years of Black people being shut out of access to economic opportunities, has kept Black…
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ITC’s hotel business demerger receives CCI approval
The new arrangement will allow ITC to retain a 40% stake in ITC Hotels, with the remaining 60% to be owned by ITC shareholders.
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Hotel Industry Leader Jim Petrus Launches Petrus Hospitality Advisors
A New Consultancy Providing Asset Management And Strategic Guidance For Developers, Owners And Operators
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Radisson Academy, Radisson Hotel Group’s leading Learning and Development hub, marks its fifth anniversary as it continues to innovate and strives to be the best ‘Academy’ to upskill talent joining the industry. Since it’s inception in 2019…
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How has the Euro Cup Affected Hotel Demand in Munich?
Germany is hosting the Euro Cup 2024, presenting an exceptional opportunity for travel businesses. This prestigious tournament will draw football enthusiasts from across the globe to ten dynamic cities, including Berlin, Munich, and Frankfurt…
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