UK Hotel investment totals £3bn in H1 as portfolio transactions drive activity
The return of portfolio transactions has bolstered UK hotel investment during the first six months of 2024 with investment totalling £3 billion, up from £990 million over the same period in 2023 and far beyond last year’s full year total (£2…
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Demand for serviced apartments weakens as hotels muscle in, says GSAIR report
The serviced apartment sector has lost traction among corporate travel programmes as hotels stake their claim in the extended-stay market, according to the Global Serviced Apartment Industry Report (GSAIR) 2024, released today by Ariosi Group, part…
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Cvent announces AI-powered offerings for hoteliers
Cvent unveiled new AI-powered solutions within the Cvent Supplier Network (CSN), including a natural language search feature.
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China unleashed: Outbound travel from China surges by close to 400%
The travel industry has been waiting, waiting for Chinese travelers to return to the global tourism stage in a significant way, while there was some recovery in 2023, outbound travel from China remained largely in the role of supporting actor rather…
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“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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Lighthouse expands in APAC, brings its insights to hoteliers in the region
The newly-rebranded Lighthouse (formerly OTA Insight) is keen to shine more light on data insights for hoteliers in Asia Pacific. Chief Revenue Officer, David Collier, during a recent visit to Singapore, shared that with the business experiencing…
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HotelTechReport, the leading online buying platform for hotel technology, has announced that it has surpassed 50,000 authentic product reviews. This milestone represents a significant achievement for the hotel software community, underscoring the…
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Personalization viewed as a key driver of commercial value for hoteliers, as 85% of hoteliers feel it could help deliver in excess of 5% in incremental revenue
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Global Hotel Pipeline Reaches Record High
The number of projects in the global hotel construction pipeline at the end of 2023 reached nearly 15,200, up 7 percent year over year and a record high, according to a new Lodging Econometrics report…
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New Trends in the Hotel Industry
The hotel industry is a dynamic and ever-evolving sector, constantly adapting to the changing needs and wants of travelers…
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VDA Telkonet's Tech Report 2024 traces the direction of tomorrow's hotels towards the well-being of the entire hotel ecosystem and announces the pilot project applying neuroscientific monitoring to the hospitality sector…
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