What Germany’s struggling economy means for hotel investors
Germany is losing its attractiveness for investors with a number of studies by companies such as EY and KPMG showing that the country is no longer the darling it once was.
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Is the Importance of the OTAs Blown Out of Proportion?
A recent industry report claimed that there were distinct advantages of partnering with the OTAs.
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Aimbridge’s new CEO is busy fixing the company. He’s doing it with a rolling pin.
Imagine a layer cake. Multiple sheets of stacked cake bound by frosting. All the layers are connected, but when the tines of a fork dig in, it can be a deep dive from the top section to the bottom one…
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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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Oyo Launches Premium Vacation Rental Homes in UK
While Oyo's global expansion plans had been on pause mode during Covid, the hospitality company now seems to be diversifying its geographic footprint.
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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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Serviced apartment rates fluctuate, but set for YoY decline: SilverDoor
Global prices for serviced apartments, including major European cities, are expected to fluctuate throughout 2024, according to the latest quarterly report from SilverDoor.
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Why going green is not just good for the planet, it’s also good for hotels’ bottom line
Ireland has committed to achieving net-zero emissions by 2050 and all business sectors must be cognisant of this and integrate sustainability into their strategic planning.
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Wyndham names new CDO, Chip Ohlsson to step down
Wyndham Hotels & Resorts has named Amit Sripathi as chief development officer. Sripathi earlier served as head of M&A and strategic development at Wyndham. In his new role, he will lead the hospitality company’s North American franchise sales team…
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Genting open to casino resort development in UAE, says its chairman
SINGAPORE – Genting Group chairman Lim Kok Thay said the conglomerate is open to pursuing the development of integrated casino resorts (IR) in the United Arab Emirates (UAE), which is looking into legalising gambling…
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Kempinski Hotels Appoints Barbara Muckermann as Group Chief Executive Officer
Europe’s oldest luxury hotel group Kempinski Hotels announces today the appointment of Barbara Muckermann as Chief Executive Officer. Muckermann previously was responsible for leading Silversea Cruises (part of Royal Caribbean Group), the world’s…
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Diversey, Thailand’s hotel housekeepers push for more sustainable practices
More environmentally friendly chemicals, new technologies and a raft of upcycling innovations are being increasingly used behind the scenes in Thailand’s hotel sector.
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India’s Hospitality Industry Booms
Global chains expand, spiritual tourism surges, analysts bullish on growth India’s hospitality industry currently valued at around $24 billion is experiencing robust growth and is projected to reach around $31 billion over the next five years…
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Iberostar achieves 12% reduction in emissions globally
Iberostar Hotels & Resorts is moving toward carbon neutrality by 2030, a milestone it aims to reach 20 years ahead of the global target set by the industry. In 2023, compared to 2019, Iberostar reduced its Scope 1 and 2 emissions by 12% globally: 6%…
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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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A Dual Target: Hotel Executives on What It Takes to Be ‘Bleisure’ Ready
The portmanteau “bleisure”—a mashup of “business” and “leisure”—denotes a phenomenon for our time, a time when technology makes it possible to work, even long-term, from locations that can be explored for pleasure when off the clock, often with…
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In Florida, there's détente in the battle between Disney and Gov. Ron DeSantis
The Walt Disney Company and a board appointed by Florida Gov. Ron DeSantis say they've reached a settlement that resolves a yearlong legal dispute.
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A death thrust Marriott’s CEO into the top role. It wasn’t without merit.
Tony Capuano knew he had huge shoes to fill when he was named president and CEO of Marriott International. It was almost unfair: He was following in the footsteps of a legend in the hotel industry, Arne Sorenson, who passed away at the age of 62 in…
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