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Dalata Hotel Group PLC (LSE:DAL), parent to the Clayton and Maldron brands, has begun a strategic review to explore capital opportunities and enhance shareholder value…
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The Gulf’s first casino, being developed by Las Vegas-based Wynn Resorts in the UAE’s Ras Al Khaimah (RAK), is likely to spur investment in the emirate’s hotel sector through to 2030 to plug an expected shortfall in supply, say developers…
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The hospitality and tech industries are navigating a liminal space where the boundaries between human and artificial are increasingly blurred. Generative AI, hyper-personalization, and digital workers are not merely disrupting established norms but…
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Hotels that allow Online Travel Agents (OTAs) to undercut their rates pay nearly 50% more for PPC leads, new research by hotel technology specialist SHR has revealed.
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In the face of low or flat rate growth, hotels will turn to ecommerce, actionable data insights, and generative AI to maintain profitability.
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Despite the complex geopolitical outlook affecting markets at the dawn of 2025, savvy hospitality investors would do well to keep their eye on the long-term prize, experts suggest.
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Members include Barceló Hotel Group, Iberostar Hotels & Resorts, Kempinski Hotels, Meliá Hotels International, Minor Hotels, Pestana Hotel Group, and Radisson Hotel Group.
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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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These trends underscore the importance of localised strategies to navigate a fluctuating market as the industry prepares for 2025.
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The rise of the global economy has led to the rise of the business class, whose ceaseless travels have empowered the hospitality industry’s growing influence. During the last several decades, hotel chains have been expanding and battling for a share…
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Asia-Pacific hotel investments will total US$12.2 billion for the full year 2024 as an influx of investment activity, a more favourable interest rate environment and generally supportive macro and microeconomic developments will positively impact…
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