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Economics at hospitalitynet.org

Friday, Dec 6

15

Newly Constructed Extended Stay America Premier Suites Opens in Pensacola, Florida

Extended Stay America®, the leading mid-priced extended stay hotel brand in the United States, announced today the opening of the Extended Stay America Premier Suites — Pensacola — NAS Corry Station, located in Pensacola, Florida. Artemis…

13

How food entrepreneurs use networks to create innovative business models

When it comes to building impactful yet innovative businesses in the gastronomic industry, partnerships are essential. For food related ventures such as Thought For Food, Gustu, and Comida para Todos collaboration with diverse…

Baku hotels posted record-high room rates during COP29

The 29th Conference of the Parties (COP29) drove Baku’s hotel average daily rate (ADR) and revenue per available room (RevPAR) to record-high levels, according to data from CoStar. CoStar is a leading provider of online real estate…

Cornell: Hotel Brands’ Competitive Performance Mapping: A New Way to Identify Strong, Troubled and Weak Brands

Developing tools with which to assess brand performance is key to gaining an understanding of how a hospitality brand is performing in comparison with its competitive set. This article introduces a new method of competitive performance…

12

Cornell: A Conversation with Rajeev (Raj) Menon, President of Marriott Asia Pacific

Following a merger with Starwood Hotels (and with its own growth), Marriott Asia Pacific has become one of the largest hotel operators in the Asia Pacific region. While managing hotels in Asia has much in common with operations around the…

Preferred Travel Group Launches Inaugural Climate Action Plan, Paving the Way To Industry Leadership

The plan aims to halve the organization’s carbon emissions by 2030 and achieve Net Zero by no later than 2050, while leveraging their wider network of global stakeholders to scale solutions

2024 India Accommodation Barometer: Key Trends and Insights

2024 has been a standout year for Indian hoteliers, with positive sentiments expressed by survey respondents across all major economic metrics. Twothirds of Indian accommodations reported good or very good business performance over the…

11

AHLA urges Congress to protect consumers, federal workers; spur hotel hiring

The American Hotel & Lodging Association (AHLA) this week urged congressional leaders to take up important legislation that would protect consumers from hidden fees in their hotel booking journey before the 118th Congress ends Jan. 3, 2025.

Hilton’s Luxury Hot List: Hilton’s Luxury Brands to Celebrate Record Growth in 2025 and Beyond

Hilton’s luxury brands experienced a record-breaking year of growth with more than 500 properties now open in highly coveted destinations offering once-in-a-lifetime guest experiences across Waldorf Astoria Hotels & Resorts, Conrad Hotels …

10

The Real Estate Recruitment Trap: When the Pursuit of Perfect Hurts Organizational Health

As we sit here in Q4, waiting for the U.S. hotel real estate market to truly heat up, I am fielding many calls each week with a similar refrain; individuals are seeking growth, more responsibility, new experiences, and/or greener pastures.…

Addressing Senior Travelers’ Top Health Concerns Leads to a Better Guest Experience

Senior travelers constitute a large segment of total travelers, and they continue to increase in number. How can we deal with their needs, and improve travelers’ experience in a safe environment without stress or worries about perceived…

Thursday, Dec 5

19

Black Friday 2024: Strategic Hotel Website Campaigns Drive 64% Growth in Direct Bookings

Black Friday has become a game-changer in the hospitality industry, a moment that redefines booking trends and drives unprecedented opportunities for hoteliers. As one of the most anticipated shopping events of the year, its impact on the…

17

Rixos To Redefine Luxury All-inclusive In Southeast Asia With New Signing In Vietnam

Ennismore, the fastest-growing lifestyle and leisure hospitality company, and leading Vietnamese luxury hospitality developer, Sun Hospitality Group, a member of Sun Group - Vietnam’s leading conglomerate, today announced the signing of…

IHG adds over 1,000 keys in Al Madinah with new hotels signing with Knowledge Economic City

IHG® Hotels & Resorts, one of the world’s leading hospitality companies, has signed a management agreement with Knowledge Economic City (KEC) Co., a public listed company in Saudi Arabia, for two new hotels in the Islamic World District …

Oetker Collection Plans St Tropez Hotel Opening for 2027

Oetker Collection has revealed plans to open a new property in St Tropez in 2027. Working closely in partnership with the property’s owners, the Pariente and Essebag families, the new hotel — which is currently unnamed — is planned to open…

14

Zero-click search will change metrics, will it change conversions?

Zero-click search is when the person searching goes on a search engine and gets the answers they need right from the search engine. They don’t need to click on a website. This has been happening for a while. With snippets, and richer…

10

Lavender Barn, an Auberge Spa, Opens at The Inn at Mattei’s Tavern, Auberge Resorts Collection

The Inn at Mattei’s Tavern, Auberge Resorts Collection, an award-winning landmark hotel in the heart of California’s Central Coast, opens a new chapter with the debut of its brand new spa and wellness concept, Lavender Barn, an Auberge Spa…

IHG and Abdali Boulevard Company Debut voco brand in Jordan

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,500 properties across 19 brands, is set to debut its distinctive premium voco brand in Jordan upon signing with Abdali Boulevard Company - a subsidiary of…

Hilton Named One of the Best Workplaces for Parents in the US

For the eighth consecutive year, Hilton has been recognized as one of the Best Workplaces for Parents by Fortune magazine and Great Place to Work. Hilton’s No. 3 ranking is a result of its competitive benefits that support team members in…

09

Choice Hotels International Announces 2024 Grant Recipients of "Your Community, Your Choice" Program, Donates $75,000 to Support Local Communities

This year marks the fifth anniversary of the initiative, which has donated a total of $275,000 to local nonprofits through more than 70 hotels across the United States since its inception in 2019. "At Choice Hotels, we believe in the power…

Minor Hotels Achieves 30th Platinum Eco Certification

Minor Hotels, a leading global hotel owner and operator, has passed a significant milestone in its commitment to sustainable hospitality with 30 of its properties earning the prestigious Green Growth 2050 Platinum certification. The…

08

Canadian Travelers the World’s Most AI-Wary Going Into 2025: SiteMinder Report

Canadian travelers are the world’s most cautious when it comes to AI, according to SiteMinder’s Changing Traveler Report 2025, the largest survey globally on accommodation.

Wednesday, Dec 4

19

Chris Tucker Named CEO of NEWH, Inc. and NEWH Canada, Inc.

NEWH, Inc. (Network of Executive Women in Hospitality), a premier association committed to scholarships, advancing education, mentorship, and networking in the hospitality industry, announces that NEWH, Inc. Past President Chris Tucker…

16

Phuket and Bali Hotel Market Outlook

The booming tourism sectors of Phuket and Bali are both at risk of faltering unless infrastructure issues are addressed, according to the latest market report from Global Asset Solutions.

15

Hospitality Ventures Management Group (HVMG) Adds Eight Hotels to Portfolio in 2024, Poised for Continued Growth in 2025

Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today announced that the company added eight new hotels to its portfolio in 2024, bringing the total number of properties it holds to…

Teritoria: One Year After Its Name Change, The First Mission-driven Voluntary Chain Takes Stock (France)

During its annual convention held on Monday, November 25, Teritoria—the first mission-driven voluntary chain chaired by Alain Ducasse—presented a review of the commitments required of its 430 members one year ago.

AIC Hotel Group Announces Expansion of UNICO Hotels; New Destinations to Accelerate Brand Growth

AIC Hotel Group, a leading hospitality brand known for its exceptional cuisine, stunning locations, and award-winning programming, today announced the expansion of its UNICO brand into the UNICO Hotel Collection. New destinations will…

14

UN Tourism: Global tourism set for full recovery by end of the year with spending growing faster than arrivals

Around 1.1 billion tourists travelled internationally in the first nine months of 2024, as the global tourism sector recovered 98% of pre-pandemic levels. According to the latest World Tourism Barometer by UN Tourism, a full recovery from…

12

GAIN and Mews Join Forces to Optimize Hotel Technology Stacks and Enhance Operational Efficiency

Growth Advisors International Network (GAIN), the hospitality industry’s leading tech advisory firm, has partnered with Mews, the leader in innovative cloud hospitality systems, to address one of the industry’s most pressing challenges:…

ISHC Elects 2025 Board of Directors and Inducts 37 New Members

The International Society of Hospitality Consultants (ISHC) has elected new leadership to serve on the Board of Directors and has inducted thirty-seven new members in its 2025 membership class.