Marriott lowers forecast for 2024 - The company lowered its 2024 room revenue growth forecast, citing weaker domestic travel demand in China and North America.

Aug 1, 2024 • Hospitality

Online platform tourism booming across Europe - In the first three months of this year, the trend of overnight stays booked through online platforms showed a strong growth compared to the same period in 2023.

Jul 31, 2024 • Hospitality

Hyatt to acquire Standard Hotels - Hyatt Hotels is in "advanced talks" to acquire upscale boutique hotel operator Standard International, Bloomberg reports.

Jul 22, 2024 • Hospitality

Paris has overestimated its appeal - The Olympic Games tourism boom hasn’t materialized - now hoteliers and Airbnb owners are frantically cutting their rates.

Jul 10, 2024 • Hospitality

Paris hotels face low demand as Olympics approach - Hotel occupancy rates in the French capital are well below average as bad weather, combined with Olympic-related transport problems and price hikes, keep summer tourists away.

Jul 3, 2024 • Hospitality

Hotels, OTAs and DMA - HOTREC's 2024 Hotel Distribution Study explores the latest trends in the European accommodation industry and reveals how consumers book hotel rooms.

Jul 3, 2024 • Hospitality

US: Hotel ADR continues to trail the rate of inflation - From a real ADR perspective, hotels are trending downward and remain below the inflation-adjusted 2019 numbers.

Jun 26, 2024 • Hospitality

US: Luxury hotels rise as low-end brands slump - Luxury hotels in the U.S. have seen strong growth in demand and rates, while economy hotels have seen year-over-year declines, bucking historical trends.

Jun 26, 2024 • Hospitality