Key Takeaways Airbnb has collected and remitted $13.5 billion in tourism taxes to governments around the world on behalf of our global host community. In 2024, hosts in the US and Canada generated $2.4 billion…
When a commercial lease comes up for renewal, the new rent amount is usually determined through indexing. However, there are exceptions to this rule. In particular, this does not apply when renewing leases for “monovalent”…
The way hotels sell their rooms has come a long way. From basic reservation systems to sophisticated guest preference tracking, to the rise of OTAs, and the subsequent shift towards a ‘direct-first’ mindset amongst independent…
Playa Hotels & Resorts N.V., a leading owner and operator of all-inclusive resorts in Mexico and the Caribbean, has completed transformative renovations at Hyatt Ziva Puerto Vallarta, part of Hyatt Hotels Corporation's Inclusive Collection. With…
The joint "Guiding Principles for Sustainable Investment in Tourism” are designed to guide policymakers and stakeholders in efforts to build a more comprehensive investment framework aimed at steering global tourism investments towards a more sustainable…
THE CHALLENGE Makarem sought to elevate their digital advertising strategy, with a strong focus on metasearch, to maximize direct bookings and improve ROI. Their key challenges included: Optimizing metasearch performance: They needed a data-driven approach…
If there’s one metric hoteliers in EMEA should be tracking in 2025, it’s their email capture rate. A hotel’s ability to master email capture is critical to its success and impacts other bottom-line metrics like…
Adding €80 Million in Revenue and €50 Million in Gross Operating Profit Leading the modern Hospitality Industry with AI-Driven Innovation From London to Lisbon – NUMA’s Rapid Expansion into Europe’s Top Travel Destinations BERLIN –…
Westin Hotels & Resorts, part of Marriott Bonvoy’s portfolio of brands, and goop, Gwyneth Paltrow's modern lifestyle brand, have joined forces to debut Sleep Training for Grown-Ups – a three-part video series designed to help…
INVESTMENT ACTIVITY European hotel transactions exceeded €10.4Bn in H2 2024, involving 486 properties and close to 64K rooms. Overall, European transactions reached 22.4Bn in 2024, the highest volume since 2019, up 37% from 2023 (12%…