Trends

Global Hotel Industry Sees 10.2% RevPAR Growth Led by Mexico and Holidays
Travel & Tourism Global Hotel Industry Sees 10.2% RevPAR Growth Led by Mexico and Holidays

The global hotel and travel industry has experienced a substantial resurgence, marked by a 10.2% increase in revenue per available room (RevPAR). This impressive growth has been driven by higher occupancy rates and average daily rates (ADR), with Mexico standing out as a significant contributor. A

December 12, 2024
Is Consumer Tipping Fatigue Changing the Restaurant Industry?
Food & Beverage Is Consumer Tipping Fatigue Changing the Restaurant Industry?

The dynamics of tipping in the United States are undergoing significant changes, driven by growing consumer fatigue and evolving industry practices. This shift is impacting not only the restaurant industry but also related sectors, prompting a reevaluation of traditional tipping models and

December 11, 2024
Starbucks Appoints Marika McCauley Sine as New Chief Sustainability Officer
Food & Beverage Starbucks Appoints Marika McCauley Sine as New Chief Sustainability Officer

Starbucks has announced the appointment of Marika McCauley Sine as its new Chief Sustainability Officer (CSO), marking a significant step in the company's ongoing commitment to sustainability. Sine will succeed Michael Kobori, who is set to retire, and will be responsible for steering

December 5, 2024
Hilton Expands European Resorts Portfolio with New Properties in 2024
Travel & Tourism Hilton Expands European Resorts Portfolio with New Properties in 2024

Hilton is poised to significantly enhance its presence in Europe's resort market by introducing four new franchise properties in Greece, Portugal, and Croatia under its Hilton Hotels & Resorts, Tapestry Collection by Hilton, and Curio Collection by Hilton brands. This expansion is set to

December 3, 2024
Giordano's Names Nick Scarpino as New CEO, Succeeding Koutsogiorgas
Food & Beverage Giordano's Names Nick Scarpino as New CEO, Succeeding Koutsogiorgas

Giordano's, the iconic Chicago-based pizza chain, has officially named Nick Scarpino as its new CEO, effective December 9. Scarpino steps into this role following the retirement of Yorgo Koutsogiorgas, who has been at the helm since 2011. During his tenure, Koutsogiorgas masterminded

December 2, 2024
Historic Homes and Unique Rentals: A New Trend in Travel Accommodation
Travel & Tourism Historic Homes and Unique Rentals: A New Trend in Travel Accommodation

In recent years, there has been a noticeable shift in the way travelers choose their accommodations, favoring unique vacation rentals over traditional hotel stays. One prime example of this trend is the historic Carter House in Gillette, Wyoming, available through Airbnb. This rental offers guests

November 22, 2024
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