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Already working together in the all-inclusive space, a merger or acquisition would give Hyatt a greater presence in the Caribbean and “add new incremental durable fee streams.”
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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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Skift Research came with its much anticipated Hotel Distribution Outlook 2024. In this report, based on the wishes of both branded and independent hoteliers surveyed, Skift Research predicts that by 2030, direct digital channels will have overtaken…
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With Trump’s economic and policy changes, the hotel industry will adapt to the shifting landscape of travel and guest expectations both at home and abroad.
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With the pandemic largely in the rearview mirror, the last twelve months have been about interest rates, less transactions, and wild presidential election cycles worldwide. The hotel industry will be impacted in significant ways as these issues…
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This comprehensive report dives into the mindsets and spending habits of an emerging generation of young Indian travelers (under 35 years) as they explore the world through international travel.
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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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Nearly 4 million foreign tourists visited Estonia in 2023, spending a combined €1.23 billion while in the country, according to the latest statistical release published by the Bank of Estonia…
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Etihad Airways, the national airline of the United Arab Emirates, has published its preliminary traffic statistics for January 2024…
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Scotland saw hotel transaction volumes (sales of £1 million+) reach £310m in 2023, up 98% on 2022’s figure of £156m, according to Savills…
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TOTAL EXTENDED-STAY HOTELS achieved new fourth-quarter milestones in 2023, setting records in supply, demand, ADR, RevPAR, and room revenues, according to The Highland Group…
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Overall, 14 of the top 25 markets reported double-digit increases in GOPPAR. Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S…
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During December, Norwegian experienced a surge in passenger numbers, exceeding 1.3 million travelers with a robust load factor of 83.6%, marking a significant 6 percentage point rise from December 2022…
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ASAP Tickets has released the findings of its recent consumer travel habits survey, revealing the most popular in-flight amenities and main factors that influence travelers’ flight preferences. Despite the overall increase in travel costs, 93% of…
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According to new research commissioned by Arabian Travel Market (ATM), and conducted at the end of September 2022 by hotel market intelligence and global benchmarking company STR, the GCC region now has over 170,000 hotel rooms under active…
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Beverage venue revenues, public-room rental and A/V revenue saw greatest POR revenue change - THE 2020 COVID-influenced lodging industry recession resulted in some noticeable changes to the way hotels provide F&B service…
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The digitalization of the procedure for collecting the hotel occupancy and restaurant consumption taxes from owners of the state’s facilities—hotels and restaurants—has been announced by the Lagos State Internal Revenue Service…
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You may have thought the global pandemic ended the need for business travel. It’s certainly true that a great deal of meetings were conducted virtually…
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