Building Upon the Award-Winning Green Stay Initiative, HRS Continues to Open Doors for Sustainable Corporate Lodging via the New Emissions Compensation Program…
read more
Building Upon the Award-Winning Green Stay Initiative, HRS Continues to Open Doors for Sustainable Corporate Lodging via the New Emissions Compensation Program…
read more
Olympics-Soaring hotel prices, crackdown on illegal renting to hit Paris 2024 experience
PARIS, Nov 20 (Reuters) - Visitors heading to Paris for next year's Olympics face major accommodation problems amid soaring hotel prices and a crackdown on rentals of tourist apartments…
read more
The Global Wellness Tourism Sector Surpasses $814 Billion Market Share
Over the past decade the global wellness tourism sector has gobbled up a huge segment of the travel industry’s market share…
read more
4,000-year-old tomb discovered in Norway may contain region's 1st farmers - Archaeologists in Norway have discovered a stone-lined tomb from the late Neolithic that holds the remains of at least five people…
read more
CBRE: REVPAR REBOUND EXPECTED IN 2024 AFTER SUMMER DECELERATION
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…
read more
NAHA, Japan -- Miyakojima, in Japan's Okinawa prefecture, finds itself in the middle of a real estate frenzy as investors pour money into hotels and resorts in anticipation of a tourism boom as the COVID-19 pandemic subsides…
read more
Hilton Hotel: Nine investors show interest
Nine investors have responded to a proposal forwarded by the the Government acting through the Ministry of Finance, Economic Stabilisation and National Policies when Expressions of Interest (EOI) from potential investors for the acquisition of…
read more
Surge in pent-up demand drives rise in occupancy rates and room rates. The proportion of midrange and prime hotels, which are more profitable, is up after budget brands took the brunt of pandemic closures, analysts say…
read more
Doyle hotel group reports surge in profits due to ‘steady growth’ in business post Covid
Profits and income almost trebled for the Doyle Collection during 2022 as pandemic-related lockdown restrictions were lifted at its hotels in Ireland, the UK and the US…
read more
Rapid Expansion of Hotels in Athens Signals Growing Tourism Boom
New hotels are growing rapidly in Athens, particularly in the historic centre. In an area encompassing Koukaki, Syntagma Square, Omonia, and Monastiraki, there are now over 350 hotels boasting more than 30,000 rooms…
read more
New Metrics in Hotel Public Area Design
In retrospect the pandemic did not impact materiality and capacity planning in a way that many thought it would in hotel public area design…
read more
Oman sees hotel revenue rise by 26.4% thanks to European-led tourist surge
RIYADH: European travelers to Oman helped fuel a 26.4 percent rise in hotel revenue in the first nine months of 2023, official data has revealed…
read more
Dubai Airshow and COP28 push hotel bookings
WASHINGTON – Dubai’s hotel industry has seen a noticeable jump in occupancy on the books as the market prepares to host the Dubai Airshow and COP28, according to CoStar‘s Forward STAR data…
read more
Dinner tonight? Restaurant industry hits record turnover in Denmark during 2023
Denmark’s restaurants are doing a roaring trade, while huge numbers of new hotels are opening and tourists are pouring in…
read more
September heatwave boosts hotel demand
ADR and RevPAR increased to near pre-pandemic levels for both London and across the country as people made the most of the Indian summer…
read more
Expedia Group Reveals the Travel Trends Poised to Shape 2024
Expedia Group—which includes popular travel brands such as Expedia, Hotels.com and Vrbo—has unveiled Unpack '24, a comprehensive analysis revealing what’s motivating travelers and where they’re going next year…
read more
Hyatt CEO excited about growth possibilities for all-inclusives
CANCUN, Mexico -- The Apple Leisure Group acquisition in 2021 has been a transformative one for Hyatt, catapulting the company into the all-inclusive space…
read more
Hyatt Hotels Corp. President and CEO Mark Hoplamazian said the company is benefiting from strong demand across different demand segments, with signs that both business travel and groups are coming back strong…
read more