The Iran conflict is already costing the travel sector at least US$600m per day, NEOM is becoming a data center and more...

The Iran conflict is already costing the travel sector at least US$600m per day
Thursday, 12th March 2026

The World Travel & Tourism Council estimates that the escalating conflict in Iran is already impacting the Travel & Tourism sector across the Middle East by at least US$600 million per day in international visitor spending, as disruptions to air travel, traveller confidence and regional connectivity affect demand >>

$50 Billion spent, 2+ kilometers of foundation and now NEOM is becoming a data center
12 Mar 2026 : PIF took an $8 billion writedown on its gigaproject portfolio in August 2025, that accounting entry tells you more about NEOM than any press release has >>

IHG strengthening Western Australia pipeline
12 Mar 2026 : New 170-key franchised hotel set to open in September in partnership with SKS Group >>

A sharp fall in international tourists is now affecting the US
12 Mar 2026 : The fall is dragging down more than just travel-related businesses, notably lower numbers arrived during 2025 - down by 6% - making it an outlier among leading destinations amid rising global trends >>

HIGHLIGHT ARTICLE

How to Boost Your Property’s ADR Without Losing Guests to Competitors
Thursday, 12th March 2026

Running a hotel in Southern California means you’re competing against thousands of properties (from boutique beachfront spots to big brand names in urban centers). And right now, with occupancy projected to remain flat through 2026 while operating costs keep climbing, raising your Average Daily Rate (ADR) feels like walking a tightrope >>

Hotel Discovery in the Age of AI, Part 21: Can Travelers Finally Own Their Data in an AI-First Environment?
For more than two decades, travel data has largely been accumulated, analyzed, and monetized by platforms: search engines, OTAs, metasearch engines, and social networks have built powerful models by aggregating user behavior at scale >>

In case you've missed it: Global eNewsletter of March 11, 2026
One REIT buys six hotel assets to grow portfolio to $1B, Hotel stocks keep rising and more >>