Accor plans to open more than 1,200 hotels - The French hotel operator plans to open more than 1,200 hotels in the next five years, as travel demand picks up.
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The “chainification” of Europe's hotel industry - A new Booking.com report highlights a “boom” in hotel growth and erosion of independent properties in Europe.
Jun 26, 2023 • Hospitality
Hotels in Spain facing the best summer on record - New data from SiteMinder suggests Spain’s hotel sector could be facing a historic summer of bookings.
Jun 23, 2023 • Hospitality
STR: May U.S. hotel rates rise, occupancy slips again - RevPAR and ADR for U.S. hotels in May increased year over year, while occupancy slipped slightly.
Jun 22, 2023 • Hospitality
European chain hotels have a more positive business sentiment than independents - Small and independent accommodations have been losing ground to larger chain-operated businesses for a number of years.
Jun 21, 2023 • Hospitality
US hotel demand shifts from resorts to top 25 markets - ADR growth is slowing, a result of changes in demand from pure leisure to a more normal mix of business transient, group and leisure.
Jun 20, 2023 • Hospitality
GlobalData: Travel and tourism industry deal activity plummets - The travel and tourism industry has witnessed a massive 41% year-on-year decline in deal activity.
Jun 20, 2023 • Hospitality
U.S. hotel markets recover from the pandemic - A snapshot of 15 major U.S. hotel markets shows that travel to cities is rebounding, with one notable exception: San Francisco.
Jun 16, 2023 • Hospitality
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