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A lot gets written about certain things in the hotel industry and others not so much as a mention. I am not saying it is simply a matter of blatant favoritism or anything like that but it is not lost on me that certain items get the limelight…
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Elie Khoury, executive vice president of operations at Aimbridge Hospitality, has faced many operational challenges during his 25 years in the industry. With each downturn, Khoury believes, hotel operators grow smarter and wiser…
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It wasn’t long ago when major hotel companies expected a full recovery in China sometime this year. That’s no longer the case.
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Microsoft Corp has invested $5 million in SoftBank-backed Oyo, according to a regulatory filing, ahead of the Indian hotel chain’s plan to go public.
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Most people in the travel business, and many outside it, are familiar with three primary models of hotel operations – owned, managed, and franchised.  In Asia, the first two models have ruled the roost for several decades.  Most established brands…
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Hotel investment activity hits $30 billion in H1; investors’ appetite grows in Europe, North America and Southeast Asia markets
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Bob Diener and David Litman, the sexagenarian duo who co-founded Hotels.com and Getaroom, are back with the launch of a unique hotel distribution network in the U.S. that offers mostly 3-star hotels a minimum revenue guarantee…
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Hotels around the UK are seeing cancellation rates of over 50% as holidaymakers plan trips abroad following changes to the traffic light system.
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Hotel giant Hyatt will spend $2.7 billion in cash on acquiring Apple Leisure Group from its private equity ownership.
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Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as a whole and lessened growth projections for 2022…
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Accor has launched an offer to cater to the flexible workers of the pandemic era. Commute and Stay is designed for workers who have moved out of the city but might commute to the office two or three days per week…
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IHG says it plans to add a new hotel brand to its portfolio in the coming weeks in the lifestyle and luxury segment.
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Over the past 35 years of my hospitality career, I have seen a great many things…
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A downturn is a terrible thing to waste, business sentiment generally goes. Paris-based Accor certainly hasn’t wasted time accelerating plans to transform the hotel company.
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In the face of COVID-19 and the need for a contactless, sterilized and traceable environment, hotels rapidly pivoted by implementing a myriad of hard and soft solutions to make guests and staff safer while also enabling remote work, more data-driven…
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Interstate Hotels & Resorts, the international arm of Aimbridge Hospitality, has surpassed 60% occupancy rates across its U.K. portfolio in the first half of the year, as the hard-hit hospitality sector resurgence continues…
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United States hotel prices have rebounded above their statistical lower bound in all regions except the Mountain states, signaling a return toward their pre-pandemic level—although we are not quite there yet…
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Choice Hotels International Inc., for the second quarter ended June 30, reported net income increased 15% to $85.9 million vs. second-quarter 2019…
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Hyatt Hotels Corporation, for the second quarter ended June 30, reported a net loss of $9 million, or $0.08 per diluted share, compared to net loss of $236 million, or $2.33 per diluted share, in the second quarter of 2020…
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The global economic recovery has begun to hit its stride in most regions, with workforces in many countries planning to return to the office in the second half of 2021, transaction activity increasing, and strong gains forecast for investment in…
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Marriott International Inc., in the second quarter ended June 30, reported net income of $422 million, compared with a net loss of $234 million in the same period last year.
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Gauging the global hotel industry’s recovery is a lot like poker: you play the hand you’re dealt as best you can and you never know what the next one will bring.
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Let’s look beyond the forecasted travel recovery for the latter of 2021 for a moment – beyond the near-term ‘revenge travel’ surge. What emerging trends will define travel for the decade ahead?
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Wyndham Hotels & Resorts, for the three months ended June 30, reported net income of $68 million, compared to a net loss of $174 million in the same period last year…
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