M3, LLC (formerly known as M3 Accounting Services, Inc.) the nation’s #1 hotel accounting software and services provider, and AvidXchange, a leading provider of AP automation and payment solutions for middle market businesses and their…
The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for the fourth quarter and full year ending March 31st, 2024.
The first quarter of 2024 once again demonstrates the strength of hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are all trending positively, and the Group has continued…
Business travel in Canada is poised for a strong, evolving future, according to the takeaways and forecasts unveiled during the Global Business Travel Association (GBTA) Canada Conference 2024 held in Toronto this week, April 22-24. As the…
Artemis Hotel Group, a fully integrated hospitality company focused on investments in distressed, limited-service, and extended-stay hotels, announced today the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East…
Restaurants can benefit from keeping their customers waiting, according to a new study from researchers in the Penn State School of Hospitality Management.
Minor Hotels has made significant strides towards net zero, achieving year-on-year reductions in energy, carbon emission and water intensities, while cutting its organic waste to landfill by more than a quarter, according to its newly…
Passenger screening technology that travelers have the option to use and that flyers widely support is targeted by an amendment from Senator Jeff Merkley (D-OR) and Senator John Kennedy (R-LA) to the Federal Aviation Administration…
PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, is pleased to announce a trading update for the three months ended 31 March 2024.
Scandic’s Financial Position is Strong and we Have a Powerful Commercial Agenda. The Second Quarter Got off to a Good Start and Bookings for May and June are in Line with Last Year.
On May 18, Otelier is once again asking hotel leaders to come together to shine a spotlight on the dedicated overnight crews that keep our establishments running seamlessly through the night. We have several ways you can recognize their…
Marriott International, Inc. announced it has signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the…
U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 20 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.
Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, today published its 2023 Environmental, Social, and Governance Report. The report details Choice’s latest initiatives to drive sustainability…
Travel and expense (T&E) policies are having a heyday as travel managers update their policies to better align with business objectives. The updates have two main impetuses: a resurgence of business travel, as reported in a Mastercard…
The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according…
Condé Nast Traveller US, UK, Spain, India, and Middle East jointly announce their annual Hot List, crafted by our global team of editors, who spent the past year visiting and vetting the honorees. This carefully curated list is CNT’s most…
SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, has announced that its ecosystem has expanded to over 2,150 partners, cementing the ecosystem as the largest within the global hotel…
The U.S. Federal Trade Commission’s recent decision to ban non-compete agreements marks a pivotal shift in employment regulations nationwide. This rule not only prohibits new agreements but also retroactively impacts existing ones. From…
American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey issued the following statement today after the Department of Labor (DOL) released its final overtime rule to raise the minimum salary threshold under which all…
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year…
STR’s global "bubble chart" update for the four weeks ending 6 April 2024 shows 60% of markets with year-over-year growth in revenue per available room (RevPAR). That volume was noticeably less than the 77% of markets with growth in our…
Premier, an end-to-end architecture, design, procurement, project management, and development firm, is proud to announce that Derek Weaver has been promoted to the role of Vice President of Project Management and Estimating. Having served…
I was talking to a friend the other day. He purchased an expensive new car just eight months ago. Unfortunately, the car turned out to be a “lemon,” and he has taken it back to the dealer multiple times for various problems. The car has…
Premier, an end-to-end architecture, design, procurement, project management, and development firm, is pleased to announce that Corina Heizer has been appointed as the firm’s new Vice President of Procurement. With more than 15 years of…
A survey by Marriott Bonvoy, the award-winning travel program of Marriott International, has found that a majority of Gen Zs and Millennials in Asia Pacific excluding China (APEC) prefer the simplicity of belonging to one comprehensive…
Nobu, the renowned luxury lifestyle brand known for its iconic 41 hotels, 77 restaurants, and 12 residences, proudly announces the signing of Nobu Hotel and Restaurant East Cairo, in a continuing collaboration with Egypt’s leading real…
If last year’s industrywide customer satisfaction improvement pointed to the travel industry returning to normal, then this year’s marks confirm it: Travel is back!