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2024 signalled a strong year of growth for Marriott International, particularly in Asia Pacific excluding China (APEC). With a record 109 deals across 11 markets, contributing 21,439 rooms to APEC's development pipeline, Marriott closed the year…
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A new report by SiteMinder has revealed that hotel websites outperformed all other booking sources in driving revenue per booking in 2024, by as much as 60%.
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Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the matter…
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If 2024 was the year when hospitality further cemented its place as a core asset class for real estate investors, it was also the year of Swiftonomics, sporting damp squibs, and a game of two halves for the European continent…
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The majority of hospitality workers believe there is a stigma around mental health across the industry. But self-care and therapy isn’t enough to solve the issue when 51% of hospitality workers say their job is stress-inducing most or all of the…
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2024 is quickly drawing to a close and with it a strong year of demand for the travel industry. According to Amadeus’ business intelligence data, 5% more hotel room nights were booked globally from January – October 2024 compared to the same time…
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École Ducasse, founded by chef Alain Ducasse, announces the opening of its new campus in Cairo, Egypt, in partnership with Reliance Egypt. This campus, named École Ducasse Cairo Studio, is expected to open by the end of 2025…
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Blackstone has invested more than half a billion euros into hotels in southern European holiday spots over the past year, as the world’s largest real estate investor continues to expand its vast portfolio to capitalise on booming post-pandemic…
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The (US) National Restaurant Association’s 2025 What’s Hot Culinary Forecast is here, revealing top trends set to shape the nation’s menus with a fresh focus on flavour, wellness, and sustainability.
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Demand for in-person events is on the rise. Hotel owners can seize upon the opportunity with thoughtful revamps that appeal to guests and event planners alike.
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China’s upscale hotel development hit a record high in Q3 2024, driven by growing demand and new projects, with key cities leading the expansion.
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As the region continues its upward trajectory, India, Vietnam, and Indonesia lead the way, setting the stage for further growth in the coming years.
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The hospitality industry has faced two big workforce challenges since the start of the pandemic. The first has been one around costs with inflation driving wages up, putting a strain on the bottom line. The second has been less talked about and is…
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Lodging Econometrics’ latest report shows a thriving hospitality industry in Latin America, with 642 construction projects and 104,513 rooms underway as of Q3 2024.
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2024 was a wake-up call for the hotel industry. Record performance may have stolen headlines, but the reality was less glamorous: growth rates stabilized, and staffing gaps stretched resources thin. The industry is at a tipping point. Although…
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These trends underscore the importance of localised strategies to navigate a fluctuating market as the industry prepares for 2025.
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Andalucía is the Spanish region with the most hotel construction and investment, new data shows…
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Rising costs, changing booking trends, good leaders, and even the weather…are just some of the things that have influenced the performance of hotels so far this year.
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