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At the 48th Annual NYU International Hospitality Investment Forum, hospitality leaders pointed to resilient demand, renewed transaction activity, repositioning opportunities and practical AI as signs of a more disciplined growth cycle ahead…
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The World Cup starts later this week. U.S. hotels are already in last place.
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Hotels are complicated to run, but there is one easy concept: If revenues are higher than expenses, turning a profit is the result. Unfortunately, the broader hotel industry is looking down the barrel of a cost-filled gun that isn’t shooting blanks…
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Hotel operators across the United States are facing growing pressure from higher minimum wage laws, with labour costs rising fastest in major tourist cities.
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A deal between a powerful union and an industry group substantially boosts annual pay for workers coping with New York City’s high cost of living.
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Every day, people come to TikTok to find their next adventure, like the hotel with the view that sparked their interest, the hidden gem restaurant a creator swears by, or the experience they didn't know they needed…
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Uber Technologies Inc. is adding hotel bookings in its flagship app, marking the ride-hail company’s biggest push yet into the travel market as it seeks to create an everything platform.
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The VISIT USA Act aims to reinstate full funding for Brand USA, the United States’ destination marketing organisation, using revenue from international visitor fees.
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As law enforcement closes in on Benjamin Mauerberger’s scam network, the luxury Aman hotel brand faces a boardroom civil war as elite shareholders demand to know how a global fugitive laundered "pig-butchering" proceeds into their $3B portfolio…
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New AHLA survey findings show that rising operating costs and ongoing staffing shortages are continuing to weigh on the US hotel industry.
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Gencom, a Miami-based real estate developer and operator, has snapped up two New York City luxury hotels in the past four months, funded in large part by family offices.
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Five months reopened. Eight years of redevelopment. Over $4 billion invested. More than 1,000 hotel rooms gone. And the world-famous Waldorf Astoria New York is back on the market.
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Labor has emerged as a permanent structural force shaping hotel operations, guest satisfaction and long-term asset value across the U.S…
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New legislation, set to take effect in late February, will change the way hotels can advertise their nightly rates and help fight against predatory pricing.
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The rule requires hotels operating in, or marketing to, New York City to show the full price upfront, including mandatory fees and credit card authorisations.
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A Minneapolis Hilton hotel has been accused of refusing accommodation to federal immigration officers, with the Trump administration branding the move as "malicious".
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Pakistan will pursue a high-rise redevelopment of the iconic Roosevelt Hotel in New York through a joint-venture privatization model, aiming to attract $3-4 billion in investment and boost the value of its stake by up to 250 percent…
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At these prices, it would be better to stay home alone for the holidays.
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