Tag: investment

April 15, 2021

2021 is shaping up as a landmark year for EDITION Hotels, which recently launched the Tokyo EDITION, Toranomon and will inaugurate four additional properties before the close of the year. The Marriott brand will maintain its momentum in 2022, with […]

April 15, 2021

Europe is the only world region showing increased hotel construction activity in comparison with the end of Q1 last year, according to March pipeline data from STR. March 2021 (% changes in comparison with March 2020) Europe In Construction: 258,129 […]

April 9, 2021

Property management system provider RMS North America has launched RMS Web, a website development service available to all hotels looking to grow their brand and online presence. The new service integrates with RMS’s cloud-based property management system or can act […]

April 8, 2021

Asset managers are fighting a proposal from U.S. antitrust authorities to tighten scrutiny over how these firms influence the way businesses operate and, in turn, the prices of everything from airline tickets to food. In March, the asset-management industry pushed […]

April 6, 2021

The U.S. led the world in new hotel and room openings during Q1 2021, according to global pipeline data from STR’s AM:PM platform. At the same time, the country’s construction activity continues to decline in comparison with pre-pandemic levels. Over […]

March 30, 2021

The pandemic underscored the need for hospitality providers to have flexible systems that can be adapted quickly to exceed changing guest expectations. Making it easier for partners to adapt and innovate, Oracle has made the REST API specifications in the […]

March 29, 2021

The Asian Development Bank (ADB) partnered with the UN World Tourism Organization (UNWTO) to lead a conversation on what the COVID-19 pandemic’s impact on global tourism means for development across the Asia-Pacific region. Held as part of the World Trade […]

March 29, 2021

Europe has always been the guardian of traditional hospitality, high-class service based on the personal touch. However, today’s realities demand new approaches where contactless technology is integrated harmoniously into the familiar European level of service. What I am referring to […]

March 25, 2021

The industry is buzzing with news that Montreal and Boston-based travel app Hopper has just received another round of fresh funds. Capital One led this round that injects another $170M into the company, which appears to have set its sights […]

March 18, 2021

Goldman Sachs Group Inc. is talking to JetBlue Airways Corp. about taking over its credit-card program, according to people familiar with the matter, the latest effort from the Wall Street firm to push deeper into consumer finance. Goldman is competing […]

March 15, 2021

Workplaces, events spaces and other enterprise settings faced a world of change in 2020 as a result of the COVID-19 pandemic. Now, with a viable vaccine already in distribution, meeting professionals are looking ahead to a future where in-person gatherings […]

March 12, 2021

In celebration of Women’s History Month, HD is taking the opportunity to shine a spotlight on the many inspiring women who elevate the hospitality industry and beyond with their talent, drive, and ability to defy convention. Here, we highlight a […]

March 11, 2021

White Lodging’s LAUNCH Hospitality Immersion Program is designed to propel high-caliber university students into the industry by providing paid, hands-on experiences across all hotel and restaurant operational areas. Using the 182-room, Union Club Hotel on Purdue’s campus as its real-life […]

March 10, 2021

Hyatt Hotels Corporation (NYSE: H) today announced plans to explore VeriFLY + Stay, a mobile health passport for the hospitality industry using the VeriFLY app that provides verification of COVID-19 credentials and travel guidelines. This mobile app can facilitate peace […]

March 9, 2021

Google is making a major change to the way it manages hotel booking links – adding an organic list that enables hotels, online travel agencies and other booking sites to get visibility for free, provides more extensive booking options for […]

March 5, 2021

A Hotel Concept is designed around 7 components that cover all aspects of running it successfully: The Story, The People, The Space, The Identity, The Services, The Content, and The Channels. Starting from the central story, components are interconnected and […]

March 4, 2021

Work is due to start on the world’s first ‘space hotel’ in low Earth orbit in 2025 – and it will come equipped with restaurants, a cinema, spa and rooms for 400 people. Developed by the Orbital Assembly Corporation (OAC), […]

March 1, 2021

Turning the page doesn’t always assure a better result. After the worst performing year on record, the hotel industry was ready for 2021, but resigned to the fact that a new year doesn’t mean things automatically get better. The harsh […]

February 24, 2021

According to the latest Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts at LE report that at the close of 2020, Europe’s hotel construction pipeline increased 2% by projects and 3% by rooms year-over-year (YOY) to end […]

February 23, 2021

RMS North America, a leading provider of cloud-based hospitality software, has announced the first annual virtual Innovative Hospitality Summit (IHS), a gathering of industry thought leaders who will discuss the current challenges of the campground and hospitality industries, ways you […]