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
As group booking behaviors change, so must hoteliers' strategies, experts sayThe booking window for group hotel stays continues to shrink even as requests for proposal aren't slowing down.
Stonebridge pursues 'little opportunities that add up to success' amid tighter margins for hotelsBalancing guest service and profitability becomes a 'tightrope walk,' company executive Chris Cheney said in a video interview.
Decline in US sublet availability bodes well for return of midweek hotel demandCoStar Group analysts say a correlation exists between shrinking sublet availability and growing midweek hotel demand.
How the US Federal Reserve scrutinizes data as it sets monetary policyIn setting its interest rate policy, the U.S. Federal Reserve relies on a multitude of data. Anoop Mishra, regional executive and vice president at the Federal Reserve Bank of Atlanta, recently spoke about how the Fed cancels out the macroeconomic noise to make the best decision possible.
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.
Analyst weighs effects of geopolitical uncertainty on US hotel industryTourism Economics' Aran Ryan breaks down how tariff policies and negative rhetoric toward other countries is affecting travel to the U.S.
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.
Featured
5 things to know
5 things to know
Opinions
Successful programs lead to direct and indirect financial benefits for the hotel
Opinions
Exclusive
Hospitality
Corinthia Hotels extends dealmaking in Los Angeles area
Hospitality
Ownership
MML Hospitality buys Nine Orchard in New York City
Ownership
Analytics
Investors weigh buy vs. build, population growth and supply-demand dynamics
Analytics
Finance
The investor owned by a foundation linked to Ikea
Finance
5 things to know
5 things to know
People
Yotel's former CEO Hubert Viriot is new vice chairman
People
Hospitality
Ashford Hospitality’s second refinancing in recent months reflects strength of property
Hospitality
Opinions
London traffic crossings raise prices
Opinions
Podcast
People
Chief Commercial Officer Jenna Fishel talks about team dynamics, hotel demand challenges
People
Video
Analytics
Income growth provides optimism in future of hospitality industry
Analytics
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
People
New general managers in Dallas and Honolulu
People
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
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
United States
Head of LVMH pays €200 million for hotel near Monaco
United States
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
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
Shannon Foster shares details of the country star's latest hospitality endeavor that's expected to open next spring.
What's driving the widening gap between luxury, economy hotels in the US
The U.S. hotel industry continues to see bifurcation between the luxury and economy segments as higher costs of living weigh more heavily on economy hotels and lower-income guests, which are borrowing more with credit to fund their travel.
'Everybody's concerned:' Revenue managers shift expectations to account for disappointing 2025
Factors that couldn't have been planned for, such as the lack of government and international travel, are proving to be major headwinds for the hotel industry this year.
Accor’s Las Vegas push points to targeted US hotels growth strategy
French hotel firm Accor has followed a selective growth strategy in the U.S. for many years, focusing on moving into key markets, such as recently taking over management of the Treasure Island property in Las Vegas.
Hospitality tech expert emphasizes importance of 'data hygiene' in age of AI
Kurien Jacob of Highgate Technology Ventures emphasizes the importance of hotels maintaining good "data hygiene" as artificial intelligence-powered tools grow in popularity.
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.
Featured
5 things to know
5 things to know
Opinions
Successful programs lead to direct and indirect financial benefits for the hotel
Opinions
Exclusive
Hospitality
Corinthia Hotels extends dealmaking in Los Angeles area
Hospitality
Ownership
MML Hospitality buys Nine Orchard in New York City
Ownership
Analytics
Investors weigh buy vs. build, population growth and supply-demand dynamics
Analytics
Finance
The investor owned by a foundation linked to Ikea
Finance
5 things to know
5 things to know
People
Yotel's former CEO Hubert Viriot is new vice chairman
People
Hospitality
Ashford Hospitality’s second refinancing in recent months reflects strength of property
Hospitality
Opinions
London traffic crossings raise prices
Opinions
Podcast
People
Chief Commercial Officer Jenna Fishel talks about team dynamics, hotel demand challenges
People
Video
Analytics
Income growth provides optimism in future of hospitality industry
Analytics
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
People
New general managers in Dallas and Honolulu
People
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
Brands
Here’s a Live Overview of What’s Happening in the Market Today
Brands
International News
United States
Head of LVMH pays €200 million for hotel near Monaco
United States
Italy
Upcoming Venice hotel will be Langham's second in Europe
Italy
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
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