NASHVILLE, Tennessee — The creative process for designing a hotel and the spaces inside draws on a wide variety of factors to balance the wants and needs of both guests and hoteliers.
NASHVILLE, Tennessee — Hotel leisure demand is full of wild swings, none more so than during major events that lead to a lot of hotel bookings and busy weekends for hoteliers.
NASHVILLE, Tennessee — Over the past 12 months, U.S. hotels have been hampered by a triple whammy of negative consumer confidence, the effect of natural disasters and hesitancy from guests to book stays due to uncertainty.
NASHVILLE, Tennessee — Guests are increasingly craving unique experiences out of their hotel stays, whether that comes in the form of a one-in-a-kind property or offerings that are specific to that hotel.
NASHVILLE, Tennessee — Guest booking behaviors are no longer what they used to be. Pandemic- and recovery-era patterns have merged with current economic trends to make a revenue manager's job more complex.
Over the past year, two boutique hotels have opened to bring modern, upscale experiences to the historic Garden District in New Orleans. Although the two hotels were opened by the same owner and are run by the same management company, the two properties are sisters, not twins.
NASHVILLE, Tennessee — The European hotel landscape continues to do well in the southern part of the continent, notably in Spain, said William Anns, analyst at STR, during the latest episode of “The Upgrade: EMEA Hospitality News” podcast.
NASHVILLE, Tennessee — U.S. hoteliers are bracing for demand declines and tougher year-over-year comparisons in the second half of the year, and hospitality's revenue strategists are on the front lines.
Indian Hotels Company Limited, the parent company of Taj Hotels Resorts and Palaces, will acquire 51% of the operations of two Indian hotel firms — ANK Hotels and Pride Hospitality — from fellow Indian hotel firm The Clarks Hotels & Resorts.
NASHVILLE, Tennessee — The second day of the Hotel Data Conference arrived with an eye on the future. Hoteliers have hope for demand to recover, but they're pairing that with realistic strategies.
More travelers are booking trips using buy-now-pay-later loans, and hoteliers are taking note, beginning to offer the financing for guests booking directly thanks to third-party lenders. But not all hotels have integrated BNPL, leaving money from a new generation of travelers on the table, experts say.
Buy, upgrade, expand. That’s the approach of LionGrove, a hospitality investment firm that recently expanded from its base in Puerto Rico to add its first mainland U.S. property in Scottsdale, Arizona — the Adero Scottsdale Resort, Autograph Collection.
Egypt remains ahead of the curve in hotel development in Africa, and its government’s efforts to boost the flow of foreign visitors in the coming years could keep the country flourishing as a hub of activity.
Despite recent choppiness in the market, “Las Vegas remains fundamentally solid,” MGM Resorts International President and CEO Bill Hornbuckle said in the company’s recent earnings call.
French hotel firm Accor saw notable performance gains in revenue per available room, average daily rate and earnings before interest, taxes, depreciation and amortization in the first half of the year.
Japan's seemingly endless hot streak as a tourism destination has been the defining trend for travel in the Asia-Pacific region in recent years, but even though hotel performance metrics are finally cooling there, they remain strong.
