Big hotel chains and unbranded-hotel owners find they need each other - High interest rates impacting the hospitality industry have led to a rise in franchise agreements.

Mar 26, 2024 • Hospitality

European hotel investors eye underperforming assets - Hotel executives in the United Kingdom and Europe are seeking solutions in a challenging environment for financing acquisitions.

Mar 19, 2024 • Hospitality

Skift launches Executive Search unit - Its new Executive Search division aims to address the growing demand for skilled and visionary leaders within the travel sector.

Mar 14, 2024 • Hospitality

The first woman to lead the Mandarin Oriental Singapore - Jill Goh is breaking ceilings in her hospitality career. She recently earned herself the title of first woman to lead the 36-year-old Mandarin Oriental Singapore.

Mar 13, 2024 • Hospitality

European hotel values fail to reach pre-pandemic levels in 2023 - Elevated cost of debt in the first half of 2023 and the persisting macroeconomic challenges have resulted in a subdued market for hotel transactions.

Mar 12, 2024 • Hospitality

Choice Hotels calls off its Wyndham Hotels acquisition - After months of begging, pleading, and attempted strong-arming, the company is calling off its attempt to merge with rival Wyndham Hotels and Resorts.

Mar 12, 2024 • Hospitality

Accor posts record results, confidence in 2024 growth - The hotel company generated record-high results in 2023, with EBITDA breaking the €1 billion mark for the first time in its history.

Feb 22, 2024 • Hospitality

Maximizing hotel performance in the year ahead - Even as RevPAR is forecast to increase across most markets in 2024, the rise in expenses is making it more difficult to achieve the same profit margins.

Feb 8, 2024 • Hospitality