During Eid al-Fitr celebrations in the United Arab Emirates (UAE), Ajman was the only hotel market to top 95% occupancy, and Ras Al Khaimah was the only market where average daily date (ADR) surpassed AED 1,000, according to data from CoStar. CoStar is a leading provider of online real estate...
Hotel Loyalty Programs Continue to Prove Their Value: Key findings from 675 million members
Hotel loyalty programs have evolved from frequent-traveler retention tools to broad-based demand drivers. While the growth of loyalty program membership may make it harder to target the most highly valued guests, the 2024 data confirms that hotel loyalty programs remain a relatively cost-efficient way to drive occupancy.
Can You Replicate a Masters-Like Experience for Your Customers? Why Not?
Each spring, professional golfers and legions of sports fans alike gear up for the Masters golf tournament, one of the sport’s four Majors. To many, it’s the crown jewel of the golf season, if not the sports year itself. It’s been said that “the Masters transcends the golf world.” Wouldn’t...
Designing Tomorrow’s Hospitality: Where Innovation, Sustainability & Guest Experience Converge
At Accor, design is far more than aesthetics—it is a strategic force that enhances guest experiences, drives innovation, and strengthens brand identity. Rooted in an ecosystem of extended hospitality offerings, our design strategy provides a blueprint for pioneering the art of responsible hospitality.
Vienna Joins UN Tourism’s International Network for Sustainable Tourism Observatories
UN Tourism has welcomed Vienna as the newest member of the International Network of Sustainable Tourism Observatories (INSTO). With this, Vienna becomes part of a global alliance of 46 destinations dedicated to monitoring tourism’s economic, environmental and social impact at the destination level.
Terra and Turnberry to Begin Construction of Grand Hyatt Miami Beach with $392 Million in Financing from TYKO Capital
Terra and Turnberry, two of South Florida’s leading real estate development firms, have secured $392 million in construction financing that will help advance the development of Grand Hyatt Miami Beach, an 800-room, 17-story property adjacent to the Miami Beach Convention Center. The financing was provided by TYKO Capital, a multi-billion-dollar...
Homewood Suites Newport Cincinnati Celebrates Successful Grand Opening with Ribbon Cutting and Open House
Corporex and Commonwealth Hotels, a Covington, Kentucky-based hotel management company, proudly celebrated the official grand opening of the Homewood Suites by Hilton Newport Cincinnati with a ribbon-cutting ceremony and open house event, bringing together city officials, esteemed clients and guests to mark this significant milestone. The hotel is located at...
Novotel’s Momentum: Driving Growth Through Innovation, Impact and Sustainability
As the founding brand of Accor, Novotel has been at the forefront of hospitality innovation for more than half a century. Today, with 600 hotels in 68 countries and a strong global pipeline, Novotel remains a driving force for Accor, demonstrating high profitability and visibility, leading through innovation, sustainability and...
Over 334,000 lives improved across East Asia & Pacific through IHG’s community partnerships in 2024
IHG Hotels & Resorts has published a new report to showcase the impact of the community partnerships it has forged in East Asia & Pacific. With 334,000 lives improved in 2024, the report shines a light on the inspirational partnerships established by IHG teams across this geographically diverse area.
HVS ANAROCK Insights – Navigating the Noise: What US Tariffs Could Mean for Indian Hospitality?
India has received a short break on the tariff front, but the bigger picture remains complex. Earlier this month, the US administration announced a steep 26% tariff on Indian imports, sparking concerns across trade-focused sectors. Fortunately, a 90-day suspension has been granted, offering India, along with several other countries, a...