Hyatt CEO foresees India as the second-largest market in 30-40 years: here’s why
Mark Hoplamazian, CEO of Hyatt Hotels, believes that India has tremendous tourism potential and the government must work towards increasing the exposure of inbound travellers to the country’s natural resources and history. “It would be great to have…
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‘It’s going to trickle down’: P.A. hotels react to carbon tax hike
This week’s carbon tax increase could be felt in the hospitality industry, according to a couple of hotel general managers in Prince Albert.
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Leading hotel brand has brought its Israeli DNA to London
When Ariel Schiff, founder of the trendy Amano hotel group, found the perfect site for his debut UK offering, he did not expect that he would be building it over Zoom.
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High cost of borrowing contributes to 19% fall in European hotel transactions in 2023
High inflation and interest rate rises had a major impact on the European hotel investment market last year, slowing transaction activity and taking volumes 19% lower than in 2022.
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HOW GENERATIVE AI IS IMPACTING REVENUE MANAGEMENT FOR HOTELS
Generative artificial intelligence has been a constant headline-maker in the travel tech world through the past year. So, it’s no surprise many industry experts believe the technology has the power to change processes on the whole, including in how…
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Why Hoteliers Should Rethink Their Elevator’s Lifeline: PBX vs. Dedicated Emergency Phones
While PBX systems utilizing Voice over Internet Protocol (VoIP) networks are ideal for general hotel communication, emergency communications paths within the elevator must meet unique code requirements and require special attention as it pertains to…
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Spotlight shines brighter on algorithmic price-fixing
After a series of lawsuits, newly expressed interest in a case by the DOJ and FTC could signal more scrutiny over alleged hotel pricing collusion.
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A man’s bizarre scheme to take over a hotel had the makings of an only-in-New-York story
I first heard of Mickey Barreto a few hours after he was arrested early on Valentine’s Day this year. He had been arraigned in a Manhattan court in what prosecutors said was a blatant, persistent scheme to take ownership of the once-grand New Yorker…
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