Is my hotel room pricing logical?
Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. Regardless, the key question remains: Is the price point logical?
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Marriott International, Inc., announced its plans to expand its portfolio in France with the expected addition of 10 properties with over 1,000 rooms by the end of 2025. The anticipated openings will further strengthen the company’s footprint in…
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76% of surveyed hotels report staffing shortages
More than three-quarters of surveyed hotels are experiencing a staffing shortage, and hotels are increasing pay, benefits, and perks to recruit and retain employees, according to a May survey of hoteliers conducted by the American Hotel & Lodging…
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“When you think of revenue management, which is the first department that comes to mind?”
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Hyatt enjoys ‘robust’ demand for European business travel and meetings
Hotel company Hyatt is continuing to see “robust” demand for business travel in Europe while noting a post-Covid change in the pattern of bookings.
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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 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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LE: Global construction pipeline at all-time high room count
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the…
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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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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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Hilton names Kevin Osterhaus, president, global lifestyle brands
With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton is set to double its presence in the fast-growing lifestyle category in the next four years.
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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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Marriott shares details on new midscale brand at NYU
Less than half a year after Marriott International President and CEO Anthony Capuano teased a new transient midscale brand, the company has announced new details on the project, if not an official name, during the NYU International Hospitality…
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sbe, Wyndham sign first deals for new brand
Project HQ Hotels & Residences, the “smart lifestyle” hospitality brand announced in January from sbe through an alliance with Wyndham Hotels & Resorts, has finalized a series of deals and strategic partnerships…
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