Esperanza Lake Resort Joins Design Hotels and Unveils a Refreshed Identity

Design Hotels’ newest member in Lithuania, Esperanza Lake Resort, is reopening this month following a three-year renovation and redesign. An expanded 1,000-square-meter wellness center is complemented by a refined private beach, 15 hectares of private forest, two renewed restaurants, and panoramic views of one of the country’s most protected and...

TakeUp Launches “Why This Rate” Feature to Deliver Unprecedented Pricing Transparency for Independent Hotels

TakeUp, the leading AI-powered revenue optimization platform for independent hospitality properties, announced today the launch of a new groundbreaking tool for independent hoteliers: “Why This Rate.” As AI-powered pricing tools become increasingly popular in hospitality, hoteliers are growing wary of the “black box” effect—trusting a system that doesn’t explain its...

Fourth of July hotel booking expectations

Amid ongoing macroeconomic pressures, waning consumer confidence, and shorter booking windows, hotel performance for the upcoming Fourth of July holiday is drawing more scrutiny than in past years. Industry analysts are watching closely to gauge how well the sector navigates this important summer leisure travel period. Fortunately, our forward-looking data...

Marriott International Announces Plans to Add More Than 50 Properties and over 9,000 Rooms to Its Africa Portfolio by the End of 2027

Marriott International, Inc. (Nasdaq: MAR) today announced plans to expand its operations in Africa with the anticipated addition of over 50 properties and more than 9,000 rooms by the end of 2027. The company’s growth strategy includes the expected entry into five markets - Cape Verde, Cote d’Ivoire, The Democratic...

The Luxury Lodge Market 2025

Luxury lodges are a top performing segment of the hotel market, driven by strong demand from affluent domestic and international travelers. Notable examples include; Bedarra Island, Saffire Freycinet, Longitude 131°, and Huka Lodge.