Hilton: U.S. leisure travel ‘definitely softening’ - Hilton raised its profit forecast for 2024, but noted that the post-pandemic travel surge was leveling off, especially among American tourists.

Aug 8, 2024 • Hospitality

Airbnb warns of U.S. growth slowdown - The company warned that revenue growth will slow in the current quarter due to "weaker demand from U.S. customers" during the summer travel season.

Aug 7, 2024 • Hospitality

How many more hotel rooms can the Gulf take? - How much is enough? When will it stop? Even the cleverest forecasters have got it wrong.

Aug 2, 2024 • Hospitality

UK: Consumer spending could rebound in the second half of 2024 - Positive economic indicators and the highest consumer sentiment in three years may boost retailers in late 2024, per PwC's latest survey.

Aug 2, 2024 • Hospitality

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