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Latest Industry News
Château Élan Resort and Winery partners with Travel Outlook to use AI to increase bookings and customer satisfaction
Tuesday, 19th March 2024
Travel Outlook, The Premier Hotel Call Center™, is pleased to announce that Château Élan Winery and Resort, a 3500 square acre vineyard and resort set in the rolling hills of Northern Georgia, has partnered with Travel Outlook, The Premier Hotel Call Center™...
Global Outlook for Air Transport
Tuesday, 19th March 2024
This semi-annual report takes a broad look at developments in the airline industry, the context in which it is operating, and the challenges it is facing...
Dubai hotel performance jumped during eventful February
Tuesday, 19th March 2024
A series of events pushed all-time high occupancy levels in Dubai, according to February preliminary data from CoStar...
Texcare Asia & China Laundry Expo 2024 to build on previous edition’s record-breaking success
Tuesday, 19th March 2024
As China’s fast-growing commercial laundry sector continues its upward trajectory, Texcare Asia & China Laundry Expo (TXCA & CLE) is gearing up for its highly anticipated 2024 show...
European hotel transactions news - March 19, 2024
Tuesday, 19th March 2024
Hotel news and transactions from around the European region: Sono acquires Hotel Dame des Arts in Paris, Limestone Capital acquires luxury resort in Sardinia and more...
74% of global markets increased RevPAR to start 2024
Monday, 18th March 2024
STR's global 'bubble chart' update as of 10 February 2024 shows that 74% of markets increased revenue per available room (RevPAR) from the comparable period in 2023...
Mondrian to open in Downtown Bucharest
Monday, 18th March 2024
Inspired by the Romanian fairytale 'Youth Without Age and Life Without Death', Mondrian Bucharest artfully blends innovation and tradition to bring something entirely new to the Romanian capital’s hospitality scene...
Pan Pacific is the first Singapore hotel group to attain prestigious GSTC multi-site certification
Sunday, 17th March 2024
Pan Pacific Hotels Group (PPHG) has attained the Global Sustainable Tourism Council (GSTC) Industry Criteria for Hotels certification for its Singapore properties...
A US TikTok ban could impact the industry
Saturday, 16th March 2024
The US House of Representatives passed a bill Wednesday in lopsided fashion that would compel TikTok parent company ByteDance to sell the popular video app to non-Chinese owners within six months or see it banned in the United States...
FTC's statement regarding the termination of Choice proposed takeover of Wyndham
Saturday, 16th March 2024
The Federal Trade Commission has learned that Choice Hotels International has abandoned its proposed acquisition of Wyndham Hotels & Resorts and withdrawn its nominations to replace Wyndham’s Board of Directors...
Accor signs 2 hotels in Jinghe New City in northern Xi’an
Saturday, 16th March 2024
Accor, together with Jinghe New City Industrial Development Group, is pleased to announce the signing of an exciting new dual-branded hospitality project in the Qin Zhihui Complex of Jinghe New City in Xi’an...
Hilton acquires Graduate Hotels
Friday, 15th March 2024
Hilton will pay $210 million to acquire all rights to the Graduate brand worldwide, enter into franchise agreements for all existing and signed pipeline Graduate Hotels, and become responsible for the brand’s future development and growth...
IHG hits 1,000 open hotels milestone in Asia Pacific
Friday, 15th March 2024
IHG Hotels & Resorts has reached 1,012 open hotels in Asia Pacific (APAC) – a major milestone for the global hospitality company as it accelerates its growth across the region...
Record-high room rates in Melbourne, Sydney driven by the Eras Tour, Carnival makes Rio's room rates peak
Friday, 15th March 2024
Boosted by Taylor Swift’s Eras Tour, the hotel industries in both Sydney and Melbourne posted their highest average daily rate for any month on record, Rio de Janeiro room rates peaked during Carnival...
Regional update: 2023 data and the year ahead
Friday, 15th March 2024
In this global update, we take a journey through each of the four world regions – focusing on performance, pipeline, and factors that influenced the data in 2023, while also looking ahead to what’s in store for the rest of 2024...
[Webinar] Google kills CPA: How hotels can still win on metasearch
Friday, 15th March 2024
Google's killing commission-based models on metasearch...
Radisson announces its first safari hotel in South Africa
Friday, 15th March 2024
Radisson Hotel Group announces the opening of Radisson Safari Hotel Hoedspruit, its first Safari hotel in Africa and 11th hotel in South Africa...
Janu Tokyo now open
Thursday, 14th March 2024
A fitting flagship, Janu Tokyo is connected to the vibrant heart of the Azabudai Hills community – a city within a city, teeming with nature, culture, and art...
Wyndham Board sends letter to shareholders highlighting clear path to deliver value
Thursday, 14th March 2024
The Board of Directors of Wyndham Hotels & Resorts sent a letter to shareholders urging them to protect their investment and the future of Wyndham by supporting only Wyndham's eight highly-qualified Director nominees and not the nominees from Choice Hotels International...
Philippines Branded Residences market update
Thursday, 14th March 2024
The Philippines branded residences market is experiencing a significant maturation, impacted by urbanization and a post-pandemic shift in lifestyle changes...
European hotel values see modest rise in 2023 but fail to reach pre-pandemic levels
Thursday, 14th March 2024
Hotel values across Europe remained steady in 2023 buoyed by the consolidation of the post-pandemic recovery and a steady desire to travel keeping average room rates strong...
WTTC launches roadmap to guide businesses through the jungle of sustainability reporting
Thursday, 14th March 2024
The World Travel & Tourism Council (WTTC) launched a pioneering readiness roadmap, aiming to simplify sustainability reporting in the Travel & Tourism sector...
HotelsForSaleGlobally presents reduced hotel investment opportunities
Wednesday, 13th March 2024
HotelsForSaleGlobally, a wholly-owned division of Hong Kong based, Lifestyle Concepts Group is pleased to announce that it has added a new investment opportunity to its portfolio...
Singapore’s tourism sector posts strong recovery in 2023, exceeds forecasts
Wednesday, 13th March 2024
Singapore’s tourism sector recovered strongly and demonstrated resilience with a solid performance for 2023...
Minor Hotels brings its Avani brand to the Netherlands
Wednesday, 13th March 2024
The rebranded 163-key Avani Museum Quarter Amsterdam will provide a contemporary canal-side experience, blending Dutch art and history for business and leisure travellers...
Airbnb prohibits indoor security cameras in listings globally
Wednesday, 13th March 2024
Airbnb is banning the use of indoor security cameras in listings globally as part of efforts to simplify our policy on security cameras and other devices and to continue to prioritize the privacy of our community...
Amadeus acquires travel payments expert Voxel
Wednesday, 13th March 2024
This acquisition will enhance the payments experience between a range of different players across the travel ecosystem...
Choice ditches Wyndham hostile takeover bid
Tuesday, 12th March 2024
On Monday, the hotel company behind brands like Comfort Inn and the Radisson Americas portfolio finally walked away from its $8 billion attempt at a hostile takeover of Wyndham Hotels & Resorts...
Women are a driving force for travel & tourism
Tuesday, 12th March 2024
According to WTTC data, women in tourism comprise a significant portion of the sector's workforce, accounting for nearly 40% of the total employment...
Hotel market report: Asia's path forward in 2024
Tuesday, 12th March 2024
End of 2023 I was talking to a regional commercial head of Asia for one of the world’s largest hotel chains and the view forward into 2024 is one of concern, to say the least...
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