OYO to purchase Motel 6 brand - The India-based hospitality tech company expands its U.S. presence by acquiring G6 Hospitality from Blackstone for $525M.
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Proposed hotel bill creates uncertainty in NYC - The newly proposed "Safe Hotels Act" may be stalled in the legislative process, but it is already impacting the financial stability and operating costs of today's hotels.
Sep 16, 2024 • Hospitality
How hotel design trends are influencing residential spaces - The emerging crossovers and trends from hospitality into residential interior design are all about creating intentional connections.
Sep 16, 2024 • Hospitality
Hotel management agreement trends in Asia Pacific - Hotel management contracts are becoming longer, management fees have decreased over the past five years, while sales and marketing fees have increased across Asia Pacific.
Sep 4, 2024 • Hospitality
Hyatt acquires boutique hotel specialist Standard International - Following weeks of speculation, Hyatt has announced its intention to acquire Standard International, the parent company of The Standard and Bunkhouse Hotels brands.
Aug 21, 2024 • Hospitality
Soft brands move into midscale - In response to rising demand, companies like Accor, Best Western, and Wyndham have introduced midscale soft brands to cater to the growing preference for affordable options.
Aug 15, 2024 • Hospitality
U.S. Hotels are desperate to find workers - Strong summer travel demand and a nationwide workforce shortage have combined to create more pay, perks, and upward mobility for current and prospective hotel employees.
Jun 13, 2024 • Hospitality
US hotels struggle to keep up with inflation - Hoteliers across the board will have to deal with cost creep for the remainder of 2024.
Jun 10, 2024 • Hospitality
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