News from
Hospitality
2025-05-14 19:41:06| Hotel Resource
The World Travel & Tourism Council (WTTC) has revealed that the U.S. could lose up to $12.5 billion in international travel spending in 2025, marking a significant 22.5% decline from its previous peak.
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Hospitality2025-05-14 19:01:18| Hotel Resource
The luxury and upper upscale chain scales achieved record highs with 132 projects/17,124 rooms and 281 projects/45,091 rooms, respectively.
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Hospitality2025-05-14 18:54:18| Hotel Resource
The number of factors identified to impact the success of a hotels revenue management strategy continues to grow. We know the standard ones: that higher occupancy brings in more guests and therefore can lead to more ancillary revenue; higher ADR means more revenue to flow to the bottom line, leading to higher profit; longer lengths of stay reduce costs, also leading to higher profit. I'm here to argue that there is one factor more important than all of these, and it is often overlooked in the revenue management discussion. I'm talking about pattern the way that the number of rooms occupied on each night relates to the surrounding nights.
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Hospitality2025-05-14 17:53:46| Hotel Resource
As BBC's Adam Hancock reported, Airbnb is broadening its scope beyond short&term rentals by offering luxury services like personal trainers, massages, and private chefs via its redesigned app. The services will initially be available in 260 cities.
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Hospitality2025-05-14 17:53:46| Hotel Resource
Munich registered its highest occupancy for April since 2016, with occupancy remaining above 60% for almost the entire month.
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Hospitality2025-05-14 17:53:46| Hotel Resource
Bob W has expanded its European team with two new senior real estate appointments. Badis Boudjakdji and Renato Sciannimanico will spearhead the company's growth in Southern Europe, especially in Spain, Italy, and Portugal.
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Hospitality2025-05-14 17:53:46| Hotel Resource
A series of events in Amsterdam, including multiple Usher concerts and the International Amsterdam Motor Show, significantly boosted hotel performance in April 2025.
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Hospitality2025-05-14 17:53:46| Hotel Resource
Why AI Still Struggles to Personalize And Why That Matters in Hospitality
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Hospitality2025-05-14 17:08:29| Hotel Resource
Alongside record occupancy, the market registered its highest April Revenue per Available Room (RevPAR) since 2014.
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Hospitality2025-05-14 17:04:11| Hotel Resource
Americans are increasingly confident in their ability to take a summer vacation despite economic uncertainties, resulting in record&breaking vacation spending, according to Allianz Partners USA's 17th Annual Vacation Confidence Index.
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