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Traditional short-term rentals often don't work well for the digital nomad who also wants to socialize. Outsite is trying to fill that gap…
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U.S. HOTELS REVPAR growth is likely to recover in 2024, as inbound international travel further improves and sector-specific headwinds moderate, according to CBRE…
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Lynette Montoya, a prominent figure in the hospitality and economic development sectors, has announced her investment in Dream Exchange, the first minority stock exchange, in formation…
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In 2022, the EU had an estimated total of 28.9 million bed places available across more than 620 000 tourist accommodation establishments. Data showed a complete recovery in terms of tourism accommodation offers in 2022…
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U.S. hotel occupancy has been flat for the past 90 days, but average daily rate has already surpassed 2019 levels. New hotel supply is muted due to high-interest rates and high construction costs, which has provided some tailwinds…
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I reluctantly agreed to do this end of the year preview in that the uncertainty barometer is near the top of the scale…
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Data from the Statistical Office of Slovenia revealed that September of this year recorded approximately 668,000 arrivals in tourist accommodation establishments and nearly 1.6 million overnight stays…
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Israel's resort town of Eilat, normally teeming with divers, beachgoers and travelers en route to Petra, is today full of displaced Israelis from parts of the country that have been under attack during the ongoing war with Hamas…
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Hotel development is looking up in the Land Down Under, with almost US$10 billion of high end sites planned for Australia. According to the latest figures from THP, a minimum of 173 premium projects are underway, comprising 28,430 keys…
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Without a doubt, leisure sports picked up in popularity during the COVID-19 pandemic - especially golf…
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Q2 net profit stood at ₹167 crore, compared to ₹121.5 crore last year - Indian Hotels Company Limited (IHCL), which owns and operates Taj hotels, posted its sixth consecutive strong performance with 37 per cent year-on-year growth in net profit in…
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Bangkok-based hotel owner, operator and investor, Minor Hotels announced the launch of the five-star “NH Collection Helsinki Grand Hansa” in Helsinki, Finland as a part of its expansion plans in the Nordic region…
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As part of its ongoing expansion plan, IOGR Group, owner of Greek airline Sky Express, announced that it would be acquiring multi-room hotel units at destinations with air connectivity…
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The iconic Capitol Plaza Hotel in Frankfort will soon have a new look as developers are planning to revitalize the area…
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Holiday Inn owner IHG (IHG.L) said on Friday short-term funding issues were holding back development of new hotels, as it reported a quarter-on-quarter slowdown in its net room supply, a key revenue driver…
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In Thailand, young hoteliers and restaurateurs are converting their family homes into stylish new businesses — and preserving the nation’s architecture along the way…
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A Pictorial Update on Our Latest Thoughts and the Facts and Figures Influencing Our Industry.
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Whitbread, which owns Premier Inn, as well as food brands including Beefeater and Bar + Block, will report its half-year results on Wednesday…
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