Choice’s pipeline more valuable than what it’s replacing
While Choice Hotels International’s third-quarter earnings had a lot of positive news, with record quarterly revenue and improving full-year RevPAR guidance, President and CEO Patrick Pacious can’t help but look ahead to an even more optimistic…
read more
Five-Star Hotels Aren’t Always Better than Four-Star Hotels. Here’s Why.
With luxury room rates on the rise, four-star hotels are finally having their moment.
read more
Beyond work: how hotels are redefining the office conversion
Hotels are breathing new life into underused office spaces, turning them into multifunctional hubs that revitalise city streets and provide fresh opportunities for community engagement, writes Dexter Moren…
read more
A HUGE £200m water park with a 500-room hotel and bowling alley has moved one step closer to opening in the UK. Great Wolf Resorts (GWR), which has sites in the US and Canada, is now prepping to open Great Wolf Lodge in Chesterton, near Bicester…
read more
Hotel Engine Expands Beyond Hotels, Achieving Valuation of $2.1 Billion
Hotel Engine, a Denver-based travel tech startup, has recently secured one of the year’s largest funding rounds for a travel company, raising $140 million and achieving a valuation of $2.1 billion. The company, which initially focused on hotel…
read more
Wyndham targets midscale hotel segment to meet growing demand in Saudi Arabia
US hospitality giant Wyndham aims to extend beyond the luxury market as it eyes the midscale segment to fill a gap in Saudi Arabia’s booming hotel market.
read more
Tenerife, Majorca, Barcelona to make hotel change for UK tourists after 'protests'
A massive change to hotels has been rolled out in Spain after protests in Tenerife and Majorca over a perceived "overtourism" in the European Union destination. Hotels in Barcelona and Tenerife are set to undergo a huge change, following a holiday…
read more
IHG Hotels & Resorts Chases Sustainability With Low Carbon Plan
How sustainable can a hotel chain become? IHG Hotels & Resorts is trying to find out by launching its Low Carbon Pioneers program, aimed at encouraging wider adoption of carbon reduction practices across the hotel chain. I asked CEO Elie Maalouf…
read more
Redefining Hospitality: Pop-Up Hotels As Visionary Concepts for Gen Z Travelers
For Generation Z, a hotel stay is more than just a place to sleep. The hotel itself is an essential part of their travel experience - a destination in itself.
read more
Tattarang signals hospitality ambitions, weighs ESG costs
Last year, Fiveight, the property arm of Australian private equity group Tattarang, bought the Waldorf Astoria-branded hotel tower project in central Sydney from Lendlease and Mitsubishi Estate for a cool AUD$575 million. The under-construction…
read more
6 big trends for hospitality real estate in Q3
We recently gathered together a select group of investors to discuss the ins and outs in our Q3 Investor Council meeting. Below are a selection of the key nuggets from that discussion. We’ll be developing some of these themes further over the next…
read more
London’s latest luxury hotel and club set for former royal residence
A historic landmark in London’s Mayfair, which used to be a royal residence, is set to open as a new luxury hotel next year, it has been confirmed.
read more
7 trending revenue streams for your hotel in 2024
As the hospitality industry continues to evolve in response to shifting consumer preferences and technological advancements, hotels are redefining their approach to revenue generation. Recognizing the need to adapt and diversify, forward-thinking…
read more
The Future of Travel for Young Indian Travelers
This comprehensive report dives into the mindsets and spending habits of an emerging generation of young Indian travelers (under 35 years) as they explore the world through international travel.
read more
A hotel boom is underway in Jamaica
During the Caribbean Hotel and Tourism Association's Marketplace tourism conference in Montego Bay earlier this month, Jamaica's tourism minister Edmund Bartlett said Jamaica's room count will increase by 2,000 rooms this year and by 20,000 in five…
read more
The Experiential Travel Boom: The Big Summer Travel Trends for 2024
Even with the economy's ups and downs, travelers are spending more on experiences. They're going for bucket-list adventures that showcase their unique passions. This booming industry is expected to reach $1.6 trillion by the end of 2024…
read more
Once-troubled Florida resort has a new strategy: Go more expensive, more exclusive
The once-troubled Banyan Cay Resort & Golf in West Palm Beach, Florida, is being recast into an exclusive golf club for wealthy Palm Beach and West Palm Beach residents who want to hit the greens near their pricey coastal homes —and are willing to…
read more
Savannah Convention Center Gets Boost to Bond Capacity for Hotel
The Savannah-Georgia Convention Center Authority, just wrapping up a $276 million expansion, is now set to tap the municipal market to finance a new hotel, thanks to legislators’ move to boost the agency’s bonding capacity…
read more