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Travel and Tourism Sector Deal Activity Down By 4.3% in 2024
2025-01-15 17:42:53| Hotel Resource
A total of 715 deals comprising mergers and acquisitions (M&A), private equity, and venture financing deals were announced in the travel and tourism sector globally during 2024, which represented a year&on&year (YoY) decline of 4.3% compared to 747 deals announced during the previous year, according to GlobalData.
Category:
Hospitality
LATEST NEWS
Hospitality Industry Trends for 2025: A Focus on Personalization and Technology
2025-01-15 17:41:04| Hotel Resource
The gap between guest expectations and hotel capabilities will present both a challenge and an opportunity in 2025. Hoteliers who can move beyond traditional metrics and adopt a more holistic, guest¢ric approach will lead the industry transformation.
Category:
Hospitality
Munich Hotels Celebrate Record&Breaking December Performance
2025-01-15 17:31:36| Hotel Resource
Munich hotels report the highest December average daily rate (ADR) and revenue per available room (RevPAR) in history.
Category:
Hospitality