Latest Hotel Industry News

Beach Trips Rank As The Top Destination For Travelers Planning “Friend-Cations”

2021-08-02 17:03:00 +0200 | Source: Hospitalitynet

There are few better ways to deepen a friendship than to travel together, no matter if you live in the same city or connect from afar. Just in time for International Friendship Day on July 30, Hilton conducted a... Read more

Accor Strengthening Leadership in the Leisure Segment

2021-08-02 15:23:00 +0200 | Source: Hospitalitynet

Accor has always innovated, adapted to new trends and stayed ahead of the curve—that is its strength. And its agility and flexibility paid off when the Covid-19 crisis hit the hospitality sector with... Read more

Medical Tourism as the Next Evolution for Wellness

2021-08-02 11:03:00 +0200 | Source: Hospitalitynet

Let’s look beyond the forecasted travel recovery for the latter of 2021 for a moment – beyond the near-term ‘revenge travel’ surge. What emerging trends will define travel for the decade ahead?... Read more

Over Half A Million Hotel Workers Trained Through Industry Human Trafficking Awareness Training

2021-08-02 10:50:10 +0200 | Source: Hospitalitynet

The American Hotel & Lodging Association, the American Hotel & Lodging Foundation (AHLA Foundation), and ECPAT-USA today announced at a World Day Against Trafficking in Persons Awareness Event that over... Read more

Labor Cost Trends in 2020

2021-08-02 10:49:00 +0200 | Source: Hospitalitynet

To minimize the negative impact on profits, management had no alternative but to take drastic action. In 2019, total labor costs and related expenses comprised 50.2 percent of hotel expenses through GOP. Therefore,... Read more

“Green List” Sandbox Destinations To Drive Global Tourism Recovery – KP Ho, Founder, Banyan Tree Group

2021-08-02 10:48:00 +0200 | Source: Hospitalitynet

As Bangkok grapples with rising numbers of Covid infections, leading tourism voice KP Ho, Executive Chairman of Banyan Tree Group, has told European envoys, airlines, senior officials and business leaders, that for... Read more

HVS Asia Pacific Hospitality Newsletter - Week Ending 30 July 2021

2021-08-02 10:29:37 +0200 | Source: Hospitalitynet

Partners Group, GIC and Salter Brothers Acquire Australia’s Travelodge Hotels for AUD620 Million Switzerland-based global private markets firm, Partners Group and Singapore sovereign wealth fund, GIC have joined... Read more

CBRE's U.S. Hotels' State of the Union

2021-08-02 10:25:00 +0200 | Source: Hospitalitynet

It was a pleasure to see so many of you in person at ALIS. I wish you and your families well and am looking forward to our paths crossing again in the not too distant future. Until then, please enjoy the latest... Read more

2021 is Halfway Complete. How Far has the Hotel Industry Made it Back?

2021-08-02 10:20:00 +0200 | Source: Hospitalitynet

Just when we thought we might be out of the woods, an uptick in new cases, the Delta variant and fervent discussion over the vaccinated and unvaccinated have conspired, resulting in the return of masks in some... Read more

CBRE Podcast: Keith Barr, CEO of IHG talks about "What's Next For Hotels"

2021-08-02 10:11:00 +0200 | Source: Hospitalitynet

Travel rates are returning to pre-pandemic levels in parts of the world. How is the hospitality industry responding? Keith Barr, CEO of the multinational InterContinental Hotels Group, and CBRE’s Rachael... Read more