Hotel development booms in Africa, boosted by Egypt and Marriott

This year’s Hotel Development Pipeline Report, the definitive study of international hospitality development projects in Africa, reveals record activity. There are 577 hotels and resorts, with 104,444 rooms, in the development pipeline, up by 13.3% on 2024, way ahead of the single digit pipeline growth reported globally by the leading...

U.S. hotel results for week ending 29 March

On the positive side of the Easter calendar shift, the U.S. hotel industry reported increases across the key performance metrics, according to CoStar’s latest data through 29 March. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.

Types of POS Systems: What Every Business Should Know

In todays fast-paced business environment, choosing the right Point of Sale (POS) system is more important than ever. A POS system is not just about processing transactions; it is a crucial tool that can streamline operations, enhance customer experiences, and drive profitability. From retail stores to restaurants, different POS systems...

2025 travel industry outlook: trends fueling trip demand

Travel demand is expected to remain strong in the year ahead. To help companies maximize the opportunities available, our annual travel industry outlook explores four key trends travel companies will need to navigate throughout 2025—from emerging AI use cases to a new administration.

Hyatt Announces Strategic Growth Plans in India and South West Asia with 21 Deals Signed in 2024, 7 Hotel Openings Expected for 2025

Hyatt Hotels Corporation (NYSE: H) is building on its remarkable 2024 deal momentum with an ambitious expansion plan with seven new hotels expected to debut in 2025. This strategic move follows the successful signing of agreements for 21 new properties across India and Southwest Asia in 2024, cementing Hyatt’s position...