Resilience: A key skill for hospitality operators - Navigating the hospitality industry today is like trying to steer a ship through a stormy sea, requiring skill, agility and nerves of steel.
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US hotel developers run out of cash as construction lending dries up - Financial stress on regional banks has forced developers to postpone projects or find other creative ways to raise capital.
Jun 7, 2023 • Hospitality
European hotel industry still sees more stress than distress - More investors will be compelled to move on from hotel assets because "patience is waning" from lenders.
Jun 5, 2023 • Hospitality
Analysts skeptical over rumored Choice-Wyndham deal - Acquiring Wyndham would be counter to Choice’s strategy of moving away from economy segments and toward revenue-intense segments.
May 30, 2023 • Hospitality
Choice Hotels looking to buy Wyndham Hotels & Resorts - Choice Hotels International is seeking to buy Wyndham Hotels & Resorts in a deal that would create a U.S. budget hotel giant.
May 24, 2023 • Hospitality
Women occupy only a quarter of top positions in U.S. hotel companies - Report highlights lack of diversity in leadership roles within the hospitality industry, despite women comprising the majority of the workforce.
May 9, 2023 • Hospitality
How Gen Z work ethic and attitudes are impacting the workplace - One of the major challenges in the hospitality industry is coping with the pressure coming from Gen Z work ethic and attitudes.
May 3, 2023 • Hospitality
Hyatt acquiring Mr and Mrs Smith - Hyatt Hotels is set to acquire the Mr & Mrs Smith curated hotel booking platform and travel club for about $66 million.
May 1, 2023 • Hospitality
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