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IHG Hotels & Resorts Surpasses One Million Open Rooms Globally
2025-08-08 13:52:59| Hotel Resource
This development comes as the company continues to expand its presence in over 100 countries, supported by a growing travel industry and a strategic focus on increasing its brand portfolio.
Category:
Hospitality
LATEST NEWS
Midscale Hotels and Experience&Focused Resorts Drive Profit Gains Across Europe & By Juan Gallardo
2025-08-07 18:52:45| Hotel Resource
Recent HotStats data shows that midscale and economy hotels are leading the pack in profitability, with gross operating profit (GOP) margins of 42% and 41%, respectively.
Category:
Hospitality
Stability in China's Hotel Construction as Upscale Projects Reach New Milestones
2025-08-07 18:52:45| Hotel Resource
China's hotel construction pipeline remains stable with significant growth in upscale chain projects, setting new records in the second quarter of 2025.
Category:
Hospitality