US hotels see record booking drop as trade tensions escalate, Ennismore adds six resorts and more...

US hotels see record booking drop as trade tensions escalate
Monday, 21st April 2025

The US hotel sector is experiencing a significant downturn, as fresh data shows a steep drop in summer travel bookings—particularly from Canada—amid rising economic instability.

Experts link the turbulence to a mix of volatile tariff policies and heightened geopolitical tensions, which have collectively eroded confidence in the travel and hospitality markets >>

Accor is negotiating a 17 hotel deal in the Americas
21 Apr 2025 : Accor announced it has entered into exclusive negotiations with Royal Holiday Group to acquire 17 management agreements (3,200 keys) >>

Ennismore adds six resorts to the Americas portfolio
20 Apr 2025 : Ennismore announces the addition of six all-inclusive resorts in the Americas with over 1600 rooms and 900 keys across two properties in the pipeline >>

Sabre renews long-term partnership with Preferred
19 Apr 2025 : Sabre Hospitality announced a multi-year renewal of its strategic partnership with Preferred Hotels & Resorts, to now include SynXis Retailing and Gift Card & Vouchers >>

HIGHLIGHT ARTICLE

Smart Spending in 2025 for Greater Cost Effectiveness
Monday, 21st April 2025

While the pandemic significantly reduced the hospitality workforce and dented the industry’s appeal for younger recruits, that’s only part of the picture.

Given that labor constraints aren’t going away, one of the most effective ways to stabilize and grow GOP, NOI, or any other key performance measure is by leveraging technology >>

New study: If You Spend $89 on OTA Commissions, Your Hotel's Occupancy Will Be 100%
According to research undertaken by Cornell University’s School of Hotel Administration in February 2025, hotels see strong financial returns from commissions paid to the OTAs >>

In case you've missed it: Global eNewsletter of April 18, 2025
Paradisus by Meliá enters Southeast Asia through the conversion in Bali, Kempinski to grow China and more >>