Month: August 2024

As the hospitality industry gears up for 2025, hoteliers are increasingly looking to AI technologies to optimize their operations and budget planning. This blog delves into the latest AI-driven trends that are set to revolutionize labor management in hotels, helping hoteliers stay ahead of the curve.

With wellness tourism booming and more hotels and resorts implementing wellness programs, what does it all mean in terms of hotel revenue? The Wellness Real Estate Report 2024 by RLA Global, with statistical support from HotStats, offers some answers to this question.

The new publication demonstrates positive gains across almost all its indicators and core objectives against the Association’s first sustainability report, published in 2022. The report also announces the formation of a Sustainability Commission, with members hand-picked by President Laurent Gardinier, to advance and accelerate the Association’s sustainability action plan.

Trilogy Hotels broadens its portfolio in the West, announcing three new signings with Novotel Sydney Parramatta, Mercure Sydney Parramatta and Leura Gardens Resort.

In the dynamic realm of hospitality management, the partnership between LBA Hospitality and real estate developer 3H Group has taken a step forward with the strategic acquisition of the Hyatt Place Tampa Airport/Westshore. This move not only fortifies their already fruitful collaboration but also marks a milestone in an ambitious...

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announces a two-hotel deal with Hai Thanh Hung Investment Joint Stock Company and Vietnam Royal Investment and Construction Co., Ltd (VRIC) in Quang Binh province.

Star Asia Acquires Four Hotels in Japan for JPY34.6 Billion

Nearly two decades ago, the U.S. Army established the Privatization of Army Lodging (PAL) program to improve the conditions of – and ensure long-term viability for – temporary on-post lodging facilities. In 2009, IHG joined the effort as the Army’s exclusive partner with a mission to deliver exceptional hotel stay...

Tourism is increasingly emerging as a fundamental pillar for development in the region, offering ample opportunities for economic growth and community empowerment. To harness this potential, UN Tourism has confirmed its plans to expand its series of Investment Guides and Investment Forums, each focused on a specific country in the...

Weekday performance saved an otherwise lackluster week across the U.S. hotel industry. Occupancy was essentially flat for the week with weekdays (Monday through Wednesday) up and the rest of the week down. Average daily rate (ADR) continued to rise, pushing gains in revenue per available room (RevPAR) for the fifth...