January kicked off 2025 with most countries in the Americas region (excluding the U.S.) reporting year-over-year (YoY) growth in revenue per available room (RevPAR). Argentina and Mexico led with the highest growth in RevPAR, disguised…
The HOTEL Yearbook is proud to announce the launch of its 2025 Annual Edition, offering a wide-ranging look at the pressing trends, game-changing technologies, and emerging best practices shaping the future of hospitality. Featuring authoritative…
DerbySoft, an innovative global technology company dedicated to accelerating travel commerce, announces its acquisition of cutting-edge artificial intelligence products from Arise, an AI automation platform specializing in travel agent–hotel communication and commission reconciliation. This transaction…
In 2024 Expedia spent on marketing $6.8 billion, which represents 49.6% of revenue, while Booking Holdings spent $7.3 billion which was 31% of revenue. These two mega OTAs spent on marketing a total of $14.1…
by Calculated Risk on 3/02/2025 09:19:00 AM The U.S. hotel industry reported mixed year-over-year comparisons, according to CoStar’s latest data through 22 February. ...16-22 February 2025 (percentage change from comparable week in 2024):• Occupancy: 60.3%…
Truly, there’s no place like Rome. The Eternal City is forever a delight to visit for work or for pleasure. Over the past five years, the Italian capital has gone through a hospitality renaissance, with…
Sunnyvale, CA, March 3rd, 2025 – LodgIQ, a leading provider of AI-driven revenue management solutions for the hospitality industry, has announced the appointment of Pascal Schubert as VP Business Development Europe. With extensive experience in…
The Montréal hotel market has swiftly rebounded from the pandemic-induced RevPAR decline of 63.0% in 2020. While Downtown Toronto and Downtown Vancouver have experienced over 4.0% loss of hotel room inventory relative to pre-pandemic levels,…
Hilton (NYSE: HLT) has announced the signing of its first Signia by Hilton hotel in Asia Pacific, set to open in Jaipur, India. This signing underscores Hilton's continued focus on strengthening its luxury portfolio in…
