Finance and Development, Trends
August 12, 2022
Via: Hotel News ResourceJulia Simpson, WTTC President & CEO, said: “WTTC welcomes the Inflation Reduction Act of 2022 and its numerous business-smart clean energy tax incentives expansions and extensions. “The Travel & Tourism sector is a catalyst for meaningful climate action and emissions […]
Finance and Development, Trends
August 11, 2022
Via: HospitalityDesignAs the second quarter of 2022 closes, Dallas continues its lead on the U.S. hotel construction pipeline for the fourth consecutive quarter. The latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE) notes that the Dallas pipeline comprises […]
Finance and Development, Trends
August 9, 2022
Via: Hotel News ResourceAmong subscription sectors, travel is the most likely to see subscription growth from both existing and new members over the next 12 months, a new report finds. According to a study by eDreams ODIGEO and OnePoll, which surveyed more than […]
Finance and Development, Trends
August 5, 2022
Via: Hospitality NetIt’s been a rollercoaster ride, but Europe’s hotels are now back to pre-pandemic profit levels, with gross operating profit per available room (GOPPAR) hitting €95.28 in June 2022, slightly higher than the same month in 2019, according to the latest […]
Finance and Development, Trends
August 4, 2022
Via: Hospitality NetIntroduction: Travel has gained momentum post covid and travellers of all kinds can now be seen on the roads, out to explore new destinations. A not-so-unfamiliar category of travellers, known as the bleisure traveller is a common sight to see. […]
Finance and Development, Trends
August 3, 2022
Via: Hospitality NetCorporate travel was resurgent heading into the summer 2022 holiday hiatus as companies found themselves released from the shackles of Covid. “From mid-February we saw an exponential growth in demand when the UK border reopened and restrictions fell away,” says […]
Finance and Development, Trends
August 1, 2022
Via: Hospitality NetRepresenting the biggest international move for RBH in its 22 years of operation, this exclusive collaboration will propel the management company’s ambitious growth plan for cross-continent business. The nature of the partnership seeks to facilitate RBH’s expansion to a new […]
Finance and Development, Trends
July 14, 2022
Via: Hospitality NetWhat future hotel trends can we look forward to? That depends on the consumer’s needs and behaviours as time moves forward. As seen in 2020, cultural shifts can happen from large events that shake up our worldviews. The pandemic brought […]
Finance and Development, Trends
July 8, 2022
Via: Hospitality NetAirbnb is sharing data that reveals a growing demand for heritage-related travel. In the UK, France, Germany, Spain and Italy figures shared by Airbnb indicate that bookings for historical homes increased by over 54 percent in 2021 compared to 20191. […]
Finance and Development, Trends
July 1, 2022
Via: Hospitality NetIt is not a hyperbole to say that the Covid-19 pandemic has affected every sector across the globe, forcing radical shifts across economies and business landscapes. The travel and hospitality sectors were not spared from its brunt as it had […]
Finance and Development, Trends
June 30, 2022
Via: Hospitality NetOur fingers are crossed that this summer plays out as forecasted, with a genuine travel recovery scenario leading to big boosts of occupancy for properties big and small, urban and resort, and in all countries where it’s deemed safe to […]
Finance and Development, Trends
June 30, 2022
Via: Hospitality NetWhen Hurricane Ida made landfall as the strongest storm to hit Louisiana on Aug. 29, 2021—the same day Hurricane Katrina slammed the Gulf Coast 16 years prior—David Piscola and his team at Hilton New Orleans Riverside were ready. The hotel […]
Finance and Development, Trends
June 29, 2022
Via: Hospitality NetBusiness travelers are taking to the roads and the skies again, but are corporate travel programs and policies keeping up with the way business travel happens now? With corporate travel and in-person meetings increasingly returning, businesses need to be thoughtful […]
Finance and Development, Trends
June 20, 2022
Via: Hospitality NetGuests increasingly are booking hotel rooms closer to the date of their stays, including via walk-ins with no notice, forcing hoteliers to be more flexible and plan ahead to manage last-minute demand. Hotel News Now reached out to hoteliers across […]
Finance and Development, Trends
June 9, 2022
Via: HospitalityDesignThe first Hoxton hotel opened in London’s Shoreditch neighborhood in 2006. Five years later, it was acquired by Ennismore, the hospitality company founded by Sharan Pasricha. Soon, additional Hoxton outposts began sprouting in cities like Amsterdam, Paris, and New York. […]
Finance and Development, Trends
May 27, 2022
Via: Hospitality NetU.S. Travel Association Executive Vice President of Public Affairs and Policy Tori Emerson Barnes testified today before the U.S. House Subcommittee on Consumer Protection and Commerce of the Committee on Energy and Commerce in support of the Visit America Act […]
Finance and Development, Trends
May 25, 2022
Via: Hospitality NetA huge sigh of relief is going through the world. The pandemic is over (at least officially.) Hotel businesses are starting a long recovery process and summer is not looking too bad. That’s good news. But 2022 has something much […]
Finance and Development, Trends
May 24, 2022
Via: Hospitality NetGlobally, sustainable business and responsible consumerism is gaining momentum. A wide range of industries are working hand in hand with the public and financial sector to create business, product and service solutions to adhere to goals set out by the […]
Finance and Development, Trends
May 23, 2022
Via: Hospitality NetAre Google’s Free Booking Links better than Paid Booking Links for hoteliers? Google’s new free booking links most certainly provide hoteliers the chance to reach potential customers beyond Google HPA. Free Booking Links are now available across multiple Google search […]
Finance and Development, Trends
May 23, 2022
Via: Hospitality NetWhat is the Hospitality Industry? The hospitality industry is a large subsection within the service industry and is comprised of four main areas: Food & beverage, travel & tourism, lodging, and recreation. As examples, the F&B category includes restaurants, bars […]