HOTEL NEWS
CoStar World News for Sept. 4Austrian ski resort owner prepares to go public; UK Parliament mulls ban on upward-only rent reviews; Severe weather shifts European property strategies
Hiring and retaining the right hospitality employees requires transparency, effort in career developmentThe U.S. hospitality industry has made some strides in closing its labor gap, and a panel of experts shared the techniques that work to generate buy-in among young employees who are on the fence about a career in the business.
Aperture plots growth path amid difficult environment for hotel operatorsPresident and CEO Charles Oswald says he sees more opportunities with new development.
The key differences between Asia-Pacific's two major hotel growth marketsWhile India and Japan are both sources of positivity, they represent significantly different trajectories for hoteliers.
Hotel demand, rooms revenue hits low note as summer travel season winds downU.S. hotel revenue per available room fell 0.5% in the week ending Aug. 16, buffeted by difficult year-over-year comparisons due to 2024 storms in Houston.
Race into the AI space: Experts say hoteliers must be proactive with the new technologyArtificial intelligence has the potential to transform everything from revenue management to guest service, said experts on a panel at the Hotel Data Conference.
Experts share best practices for hotel design that promote flexibility, timelessnessIn a panel discussion at the 2025 Hotel Data Conference, experts talk about the factors that go into designing a hotel, such as how guests use the different spaces.
How hoteliers can capitalize on the demand generated by major eventsMajor events, such as concerts and sports, can drive a wave of hotel demand just about anywhere. A panel of experts looked back on the lessons learned from Taylor Swift's Eras Tour, past Super Bowls and more to help prepare for the 2026 FIFA World Cup.
AI, growth of the middle class drive global travel industry expansionIn a recent episode of the CoStar News Hotels podcast, Olaf Belgraver from Booking.com discussed recent consumer travel trends as the global industry continues to grow.
How the hotel industry can nurture the next generation of revenue managersHoteliers view mentorship as a key for growth among young revenue managers.
Featured
5 things to know
5 things to know
Analytics
New York City, Orlando and Chicago lead the way heading into Labor Day weekend
Analytics
Opinions
Critical thinking a must with 'news' about different generations
Opinions
Analytics
Record-setting 10.4 million people screened by TSA over holiday weekend
Analytics
Analytics
Busting the biggest misconceptions about lagging US hotel demand
Analytics
Revenue Management
Experts emphasize unifying sales, revenue-management teams toward shared goals
Revenue Management
5 things to know
5 things to know
People
New general managers in Dallas and Honolulu
People
Opinions
Just a few extra steps can help set your sales pitch apart, even if it's remote
Opinions
Ownership
Company sets termination fee with external adviser at $480 million
Ownership
Podcast
Design & Construction
Major resilience-focused renovations shorten future recovery times
Design & Construction
Office
Analysts say correlation exists between the two
Office
Design & Construction
Pay attention to the before, during and after phases
Design & Construction
Revenue Management
Booking window shrinks even as RFPs flow in
Revenue Management
Analytics
Markets with highest share of Canadian travel feel greatest impact
Analytics
Brands
Upcoming Venice hotel will be Langham's second in Europe
Brands
Video
Operations
Balancing guest service, profitability becomes 'tightrope walk,' company executive Chris Cheney says in a video interview.
Operations
Analytics
Atlanta Fed exec discusses interest rates, labor and consumer sentiment
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Macao
New acquisition to be converted back to casino use and connect two of SJM's Lisboa hotels
Macao
United Kingdom
Known for airport hotels, Arora diversifying into country retreats, golf and partnership with B&B Hotels brand
United Kingdom
South Korea
Former owner Samjeong collapsed following Busan hotel fire, deaths
South Korea
India
The three hotel firms operate 154 hotels, nearly all in India
India
Podcast
United Kingdom
STR's William Anns talks about impact of Oasis tour, other major events in Europe on latest EMEA podcast
United Kingdom
Australia
Thai owner KS Hotels has history with Park Hyatt in Cambodia and Thailand
Australia
Egypt
Climate change might be highest hurdle in North Africa
Egypt
Spain
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Spain
Ireland
The Irish company previously rejected an offer worth €1.27 billion
Ireland
South Africa
Brands, property owners and operators must collaborate to achieve return on investment
South Africa
Spain
The resort last changed hands in 2021 in a portfolio with additional hotels
Spain
Congo
Lenders shy away from large swaths of the continent due to risk and uncertainty
Congo
Japan
Ishin has 17 urban hotels in its portfolio
Japan
South Africa
Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
South Africa
Hungary
Ownership consortium headed by Hungarian prime minister’s son-in-law
Hungary
Singapore
Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
Singapore
Kurien Jacob of Highgate Technology Ventures emphasizes the importance of hotels maintaining good "data hygiene" as artificial intelligence-powered tools grow in popularity.
Vastint begins £500m disposal of UK Marriott hotels
The Netherlands-based real-estate investor Vastint has put on to the market a portfolio of United Kingdom Marriott hotels that it values at £500 million.
JLL Hotels exec sees 'perfect recipe' for increased hotel transactions beginning later this year
Americas CEO Kevin Davis predicts "a substantial pickup" in deal activity in 2026.
Tourism Economics' Adam Sacks on downgraded US hotel forecast
There's room for optimism for the future of the U.S. hotel industry amid another forecast downgrade due to real disposable income growth and household balance sheets remaining strong, said Tourism Economics President Adam Sacks.
The factors at play when hotel owners review markets for new projects
The many factors that hotel owners consider when looking at markets for a new build project include whether it'd be better to buy, as well as population and job growth trends.
Siloed no more: First Hospitality's journey to commercial strategy
In a podcast interview, First Hospitality's Jenna Fishel talks about her company's transition to a commercial strategy model and how it's navigating the current demand environment.
Featured
5 things to know
5 things to know
Analytics
New York City, Orlando and Chicago lead the way heading into Labor Day weekend
Analytics
Opinions
Critical thinking a must with 'news' about different generations
Opinions
Analytics
Record-setting 10.4 million people screened by TSA over holiday weekend
Analytics
Analytics
Busting the biggest misconceptions about lagging US hotel demand
Analytics
Revenue Management
Experts emphasize unifying sales, revenue-management teams toward shared goals
Revenue Management
5 things to know
5 things to know
People
New general managers in Dallas and Honolulu
People
Opinions
Just a few extra steps can help set your sales pitch apart, even if it's remote
Opinions
Ownership
Company sets termination fee with external adviser at $480 million
Ownership
Podcast
Design & Construction
Major resilience-focused renovations shorten future recovery times
Design & Construction
Office
Analysts say correlation exists between the two
Office
Design & Construction
Pay attention to the before, during and after phases
Design & Construction
Revenue Management
Booking window shrinks even as RFPs flow in
Revenue Management
Analytics
Markets with highest share of Canadian travel feel greatest impact
Analytics
Brands
Upcoming Venice hotel will be Langham's second in Europe
Brands
Video
Operations
Balancing guest service, profitability becomes 'tightrope walk,' company executive Chris Cheney says in a video interview.
Operations
Analytics
Atlanta Fed exec discusses interest rates, labor and consumer sentiment
Analytics
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
Macao
New acquisition to be converted back to casino use and connect two of SJM's Lisboa hotels
Macao
United Kingdom
Known for airport hotels, Arora diversifying into country retreats, golf and partnership with B&B Hotels brand
United Kingdom
South Korea
Former owner Samjeong collapsed following Busan hotel fire, deaths
South Korea
India
The three hotel firms operate 154 hotels, nearly all in India
India
Podcast
United Kingdom
STR's William Anns talks about impact of Oasis tour, other major events in Europe on latest EMEA podcast
United Kingdom
Australia
Thai owner KS Hotels has history with Park Hyatt in Cambodia and Thailand
Australia
Egypt
Climate change might be highest hurdle in North Africa
Egypt
Spain
Developer Millenium Hotels Real Estate opened the hotel earlier this year
Spain
Ireland
The Irish company previously rejected an offer worth €1.27 billion
Ireland
South Africa
Brands, property owners and operators must collaborate to achieve return on investment
South Africa
Spain
The resort last changed hands in 2021 in a portfolio with additional hotels
Spain
Congo
Lenders shy away from large swaths of the continent due to risk and uncertainty
Congo
Japan
Ishin has 17 urban hotels in its portfolio
Japan
South Africa
Operator prioritizes alignment with African hotel owners as it expands to Namibia, Nigeria and Senegal
South Africa
Hungary
Ownership consortium headed by Hungarian prime minister’s son-in-law
Hungary
Singapore
Raffles Sentosa Singapore’s focus on melding heritage, design and sustainability
Singapore
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