Hyatt to acquire Standard Hotels - Hyatt Hotels is in "advanced talks" to acquire upscale boutique hotel operator Standard International, Bloomberg reports.
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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
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
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
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
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
U.S. hotel performance improves in May - The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar.
Jun 24, 2024 • Hospitality
Where do travelers find inspiration? - The top sources of information that inspire and generate ideas for global travelers, according to data from Booking.com.
Jun 19, 2024 • Hospitality
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