US hotel profits grew in 2024 but were limited by inflation and labor costs, Radisson brands' new identity and more...

US hotel profits grew in 2024 but were limited by inflation and labor costs
Wednesday, 19th February 2025

US hotel industry profits grew in 2024, but increased labor costs and inflation limited growth.

GOPPAR continued to slow at the end of the year with growth below the rate inflation. On the positive side, demand growth has been key to driving total revenues, which have been the best defense against high expenses and allowed for hotels to increase profits, albeit minimal >>

Choice reimagines visual identities for Radisson brands
19 Feb 2025 : Choice begins the next chapter of its reimagination of the Radisson Hotels Americas brands, which it acquired in 2022, with the introduction of new visual identities, including new logos for Radisson, Radisson Blu and Radisson Individuals >>

Rotana unveils plans first-ever five-star hotel in Somalia
19 Feb 2025 : Rotana is proud to announce the signing of Mogadishu Rotana, the first luxury hotel development in Somalia, in partnership with Riverside Holding >>

Costa Rica’s sustainable, experience-based tourism in the spotlight
19 Feb 2025 : Costa Rica is set to give visitors to ITB Berlin 2025 a taste of its dynamic approach to tourism blending sustainability, adventure, and cultural heritage >>

HIGHLIGHT ARTICLE

Consumers in Favour of Sustainable Travel But Cost is King
Wednesday, 19th February 2025

The report explores the disconnect between what travellers say about sustainability and the choices they ultimately make. Understanding these diverse perspectives is essential for businesses to craft effective sustainability strategies that resonate with their audience and drive real impact >>

Buckle Up: 4 Forces Will Shake Up the World of Work in 2025
Disruptive forces are coming for the workplace yet again in 2025 and those forces will be difficult for employees, whose change fatigue has morphed into change exhaustion >>

In case you've missed it: Global eNews of February 18, 2025
Marriott Asia Pacific celebrates year of record growth in 2024, Rosewood debuts in The Netherlands and more >>