India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO
The SoftBank Group Corp.-backed startup is expected to get the green light to proceed with the offering this week or next after filing preliminary documents last year, said the people, asking not to be named because the talks aren’t public…
read more
How to Reduce Unpredictable Guest Behavior
The Importance of Automated Forecasting of True Inventory Availability
read more
Hilton offers “paws-itive” experiences
With more and more travelers taking their pets with them on their trips, Hilton’s extended-stay brands Homewood Suites by Hilton and Home2 Suites by Hilton have teamed up with Mars Petcare for a pet-friendly travel experience…
read more
IHG Announces Retirement of Patrick Cescau As Chair
InterContinental Hotels Group ("IHG") today announces: The retirement of Non-Executive Chair Patrick Cescau from the IHG Board, effective 31 August 2022…
read more
HVS India - Chandigarh - the Emerging Hospitality Hotspot in India
Chandigarh’s hotel sector has recovered quicker than many other Indian hotel markets, thanks to its strategic location as the gateway for travelers heading to various leisure destinations in the Himalayan region, as well as demand from the wedding…
read more
Hotels vs. Airlines: Who Can Ride Inflation to a Full Recovery?
Inflation can be a good thing for travel sectors able to play the rate game. But volume eventually has to catch up and play a part in the rebound…
read more
Hospitality Financial Leadership – Why Is Hotel Accounting Different?
I heard this about 40 years ago and it has stuck with me. I was a newbie cocktail waiter working part time in my hometown hotel…
read more
How are Millennials Influencing the Hospitality Industry?
Millennials are now the largest adult cohort worldwide with roughly 1.8 billion people equaling 23% of the global population…
read more
AAHOA President/CEO Ken Greene (pictured above) will leave the organization in February to pursue another opportunity. The AAHOA board of directors will immediately begin its search for his replacement…
read more
New data from UKHospitality and CGA shows sales in pubs, restaurants and bars down 60% on Christmas Day, 31% on Boxing Day and 27% on New Year’s Eve, compared to 2019
read more
Premier Inn Sales Rose Along With Omicron
Hotels and other travel brands did see good numbers as they headed into the holiday season, but we're likely to see signs of consumers tapping the breaks in the early part of 2022. Let's hope that will be short-lived…
read more
Five easy tips to drive revenue with local staycationers
Become a hometown hero with strategies that appeal to local drive-in markets
read more
Wyndham Hotels and Resorts to debut in Poland
Wyndham Hotels and Resorts is set to open its first property in Poland in the historic city of Wroclaw next month.
read more
Three ways to use data in day-to-day hotel operations
Anyone in the industry will tell you that the daily operations of a hotel are complex. Beyond responding to the challenges presented by the COVID-19 pandemic, hoteliers juggle a serious list of to-dos…
read more
Five big questions real estate is asking in 2022
From the speed at which workplaces are changing, to the prospect of further market disruption, 2022 is expected to be another year of transformation.
read more
ONLINE TRAVEL GIANTS' MARKETING SPEND CONTINUES TO HEAD NORTH
The third quarter of 2021 saw major online travel players continue to increase advertizing and marketing spend.
read more
Asia's richest man is buying the Mandarin Oriental in New York for $98 million
Asia's biggest billionaire, Mukesh Ambani, has snapped up a controlling stake in the Mandarin Oriental in New York City for just over $98 million.
read more
Marriott Gives a Peek Into Its New R&D Lab for Post-Pandemic Travel
Research and development labs aren’t just a thing for Big Pharma and Silicon Valley. The world’s largest hotel company has one mapping out its post-pandemic future.
read more