Economics at hospitalitynet.org

Friday, Dec 1


Knowland Announces Certification Program to Advance Sales Proficiency and Increase Hotel ROI

Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced today the Knowland Certification Program. The program includes three certification credentials to help hotel sales…


The Chinese Economy Today and the Specter of a Property Crisis

“The problem is serious.” And when it’s the head economist at the International Monetary Fund who says so, eyebrows are indeed raised. The comments made by Pierre-Olivier Gourinchas in early October at an IMF meeting in Morocco underscored…

MGM Resorts Unveils Vision for MGM Empire City

MGM Resorts International (NYSE: MGM) today unveiled its vision to transition Empire City Casino by MGM Resorts into a world-class entertainment destination, MGM Empire City, if awarded a commercial casino license for its historic Yonkers,…


The psychology of luxury travel: The key to attracting affluent customers

In his role as founder of digital marketing agency Jadewolf, David Nickel, helps luxury travel brands generate qualified leads and direct bookings. His secret: A scalable luxury persona.

Marriott and Ioi Properties Group To Bring W Hotels To Downtown Singapore

Marriott International, Inc. announced today it has signed an agreement with IOI Properties Group, one of Malaysia’s leading property developers to bring W Singapore - Marina View, a new 350-room property, to downtown Singapore. The hotel…


U.S. hotel results for week ending 25 November

As expected due to the Thanksgiving holiday, U.S. hotel performance fell from the previous week, according to CoStar’s latest data through 25 November. CoStar is a leading provider of online real estate marketplaces, information and…

Bringing Strength to Soft Brands

‘Another day, another brand’ could well be the catchphrase of our sector, but as with everything in this industry we call home-from-home, it’s never as simple as that. The past couple of decades have seen a rapid evolution away from the…

Thursday, Nov 30


Conquering new horizons: How to effectively introduce your hotel and travel technology platform to the Americas


In today’s dynamic and complex environment, the task of extending your travel or hospitality services into new markets is fraught with distinct challenges. The hotel and travel industry, characterized by its close-knit community and…


The Wholehearted Traveler and Other 2024 Travel Trends


Back in 2020, we predicted the rise of the Revenge Traveler and the impact it would have on travel and hospitality experience providers. As we approach 2024, we are spotting a new type of traveler on the horizon. And a set of trends that…

Travel invented loyalty as we know it. Now it’s time for reinvention.


Travel brands didn’t invent loyalty programs, which have been traced to as far back as the 18th century. But ever since the first major airline frequent flier programs appeared in the early 1980s—soon to be followed by similar programs…

International Tourism to End 2023 Close to 90% of Pre-Pandemic Levels


International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists travelled internationally…

Marriott Becomes First Hospitality Company to Introduce Neuroinclusive Practices at Its Largest Customer Events


Marriott International, Inc., a hotel industry leader for more than 95 years, today announced its commitment to incorporate neuroinclusive practices at Marriott-hosted customer events of 250 people or more globally. This commitment is a…

Cool jobs you could have in the future - What is a Brand Manager?


Welcome to a series that’s all about your future and the exciting possibilities waiting for you in the professional world! If you’ve ever wondered what cool jobs are out there, you’re in the right place. We’re kicking things off by…


A Shift In Mindset: The New Psychology Of Luxury Travel


The psychology of luxury travel has shifted since the pandemic. There’s been a change not only in what luxury travelers are looking for, but even in something as basic as the way many are thinking about travel.

Unlocking Success: Grend Offers 24-Hour Check-In with 4SUITES Mobile Key Solutions


Mobile key technology streamlines guest room access using smartphones, eliminating the need for physical keys or key cards. It offers benefits such as heightened convenience, enhanced security, improved operational efficiency, and cost…


Black Friday 2023: Direct Channel Campaigns Boost Hotel Website Conversions by 43%


As hoteliers navigate the ever-evolving landscape of the hospitality industry, certain moments stand out as pivotal, and Black Friday is undeniably one of them. This annual shopping phenomenon has seamlessly woven its way into the fabric…


EEA Joins IFRS Sustainability Alliance


The Energy & Environment Alliance (EEA) today announced that it has joined the IFRS Sustainability Alliance. In doing so, it joins a community of experts working on a global baseline of sustainability disclosures to meet the needs of…

BCD Travel reveals 2024 travel outlook


Leading travel management company BCD Travel published the fourth edition of its quarterly Travel Market Report. The Q4 report, dedicated to presenting an outlook for 2024, provides travel managers and buyers with insights on economic…

S Hotels & Resorts thrives in 2023 with business accolades and sustainability success


BS Hotels and Resorts PCL (SET: SHR), the global hospitality company from Singha Estate PCL (SET: S), is reflecting on a highly successful year that saw the group achieve a series of important and prestigious accolades, while also…


Atomize Now Available on Oracle Cloud Marketplace


Atomize, a leading provider of revenue management software (RMS) and a member of Oracle Partner Network (OPN), today announced that the Atomize Revenue Management Software is one of the first RMSs now available on Oracle Cloud Marketplace…


Penn State to honor Jim Risoleo, Ted Balestreri with Hospitality Industry Awards


The Penn State Hotel & Restaurant Society (PSHRS) and the School of Hospitality Management will honor Jim Risoleo, president and CEO of Host Hotels & Resorts Inc., and Ted Balestreri, chairman and CEO of Cannery Row Co. and chairman, CEO…

Ozempic Made Obesity Optional. The Travel Industry Isn’t Ready


Large companies like Walmart and Conagra say they are already looking at what impact Ozempic will have on business. For the travel sector, the winners will be those that have food and beverage as a cost. Losers will be those that have it…


Bhutan’s Namgay Heritage Hotel migrates to Hotelogix Cloud for efficient property management


Hotelogix, a globally leading cloud-based hospitality technology provider, said that Namgay Heritage Hotel in Bhutan has adopted its all-in-one Cloud-based Hotel Property Management System (Hotel PMS) to ensure efficient management of…

Wednesday, Nov 29


Global Hotel Alliance Reveals Destination Hotspots For 2024


Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands, has revealed the most popular destinations for 2024 and what is motivating travellers to visit them.


Danish Start-up BeCause Raises Nearly $2M to Revolutionize Sustainability in the Travel and Tourism Industries


BeCause, the Danish start-up transforming how the global hospitality, travel and tourism industries manage their sustainability data, announced today that it has secured $1.9 million (€1.75M) in seed funding from investors. The round, co…

New Mews Kiosk cuts check-in time by a third and generates thousands in extra hotel revenue


Mews, the industry-leading hospitality cloud, has unveiled its next-generation kiosk solution for hotels. The Kiosk can be used for check-in and check-out, by guests or by staff.

Margaritaville And Karisma Announce Joint Development In Honduras


Margaritaville and Karisma Hotels & Resorts are excited to announce plans to debut the newest all-inclusive resort under the Island Reserve® Inclusive Collection: Margaritaville Island Reserve® Resort Roatan, Bay Islands, Honduras. This…

NEOM announces Siranna, its exclusive tourism escape


The Board of Directors of NEOM has unveiled Siranna, an exclusive tourism escape, and the latest destination to be announced by the sustainable regional development evolving in northwest Saudi Arabia.


Pay Integration for CoreSelect Live, M3 and AvidXchange Partnership Revolutionizes Hotel Accounting with Fully Automated Financial Management Solution


M3 Accounting Solutions, Inc. (“M3”), North America’s #1 provider of accounting software and services, and AvidXchange, a leading provider of accounts payable (AP) automation software and payment solutions for middle market businesses and…


HSMAI Middle East Showcases Holoconnects as Gold Partner for Hospitality Commercial Strategy Conference in Dubai


Hospitality Sales and Marketing Association International – Middle East (HSMAI ME) will showcase Holoconnects as a Gold Partner at the 6th ROC ME Commercial Strategy Conference. The event takes place November 28-29, 2023, at the Conrad…