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Hospitality

Carnival 2025 Drives Rio de Janeiro's Hotel Industry Revenue to Record Highs

2025-04-14 17:08:19| Hotel Resource

The event significantly increased key performance metrics, including occupancy and average daily rates (ADR).

Category:

Hospitality
 
Barcelona Hotel Industry Hits Record Highs in March 2025, Boosted by Mobile World Congress

2025-04-14 17:02:02| Hotel Resource

The event led to the second&highest individual daily rate ever recorded in the market, contributing to an overall increase in hotel revenue per available room (RevPAR).

Category:

Hospitality
 
Grand Hyatt Miami Beach Development to Commence with $392 Million Financing

2025-04-11 18:52:42| Hotel Resource

The 800&room, 17&story property, slated for completion in late 2027, will be an anchor for Miami Beach's Convention Center District. It will provide new luxury accommodations and public spaces, as well as improved connectivity and infrastructure upgrades.

Category:

Hospitality
 
AI: Google's Weapon in Ensuring Business Profile Integrity

2025-04-11 18:00:38| Hotel Resource

Google uses AI technology to maintain the reliability of business information by identifying suspicious edits, removing fake profiles, and combating dishonest reviews.

Category:

Hospitality
 
Top 10 Travel Trends for 2025: The Fastest&growing Traveler Segments and How Hotels Can Attract Them

2025-04-11 17:53:32| Hotel Resource

In this article, well explore ten popular types of tourism for 2025 and offer concrete ways to attract each of these traveler types. While you cant please everyone, theres a good chance that one or a few of these segments align perfectly with your propertys characteristics.

Category:

Hospitality
 
Dusit International Looks to Broaden its Reach in India's Emerging Markets with 6 New Hotels

2025-04-11 16:52:51| Hotel Resource

The company is preparing to launch six additional hotels nationwide under its Dusit Princess and Dusit Collection brands.

Category:

Hospitality
 
Fairmont Dallas Hotel Sold by Xenia Hotels & Resorts for $111 Million

2025-04-11 16:52:51| Hotel Resource

The transaction price is approximately $203,670 per room, representing an 8.6x multiple on the property's Hotel EBITDA.

Category:

Hospitality
 
Starwood Capital Group and Fontainebleau Development Launch 1 Homes Jupiter Island in South Florida

2025-04-11 16:52:51| Hotel Resource

The residences, ranging from 3 to 4 bedrooms and 4,000 to 6,000 square feet, are just 30 minutes from Palm Beach.

Category:

Hospitality
 
roomMaster Partners with ampliphi to Bring AI&Powered Revenue Optimization to Hoteliers

2025-04-11 16:45:41| Hotel Resource

This integration enhances hotel revenue strategy by aligning real&time pricing with market demand, competitor trends, and event&driven data & powered by AI.

Category:

Hospitality
 
Travel Tech Sector: Anticipation and Uncertainty in the Global IPO Market

2025-04-10 20:53:29| Hotel Resource

Amidst a climate of cautious optimism, the global initial public offering (IPO) market displays mixed signals, particularly in the travel tech sector. While global IPOs are not yet back to their peak 2021 levels, investors are hopeful of a gradual recovery despite the prevailing uncertainty.

Category:

Hospitality
 

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