Agentic AI and Hotel PMS: Brace Yourself for a Positive Impact

The business community has welcomed artificial intelligence as a key means of adapting to today’s changing workforce and recommending actions based on data analytics; however, according to experts, the hotel industry has yet to leverage it fully. A recent study by McKinsey found that as many as 78 percent of...

Starhotels ends 2024 with record results: €314.8 million in revenue and the highest net profit in its history

The Board of Directors of Starhotels Finanziaria has approved the 2024 consolidated financial statements, marking a new operational and financial record. Following the exceptional results achieved in 2023, the Group has further strengthened its leadership position within the Italian hospitality landscape, reporting the following results:

Marriott International Announces Retirement of Leeny Oberg, Chief Financial Officer and EVP, Development, in 2026

Marriott International (Nasdaq: MAR) today announced that after 26 years with the company, Leeny Oberg, Marriott’s Chief Financial Officer and Executive Vice President, Development, has decided to retire effective March 31, 2026. Two long-time Marriott veterans have been named her successors. Next year, Jen Mason will become the company’s Chief...

Oregon Coast: A Thriving Tourism Destination

The Oregon Coast is a popular drive-to destination market that thrives on tourism. The coast offers a variety of vacation spots, from large, bustling tourism hubs to more rural destinations with small-town charm. Home to nearly 30 cities and towns, the coastal region is divided into three major sub-regions: the...

Scandic has entered into a framework agreement with Pandox AB and Eiendomsspar AS with the intention to acquire the hotel operations of Dalata Hotel Group Plc

Scandic Hotels Group AB (publ) (“Scandic”) has entered into a framework agreement with a consortium consisting of Pandox AB and Eiendomsspar AS (the “Consortium”) with the intention to acquire the hotel operations of Dalata Hotel Group Plc (“Dalata”) from the Consortium (the “Transaction”). Proceeding with the Transaction is conditional upon...