London Hotel Market Spotlight 2024
OVERVIEW The sample of branded full-service hotels in London recorded an increase in profit during the full year 2024 relative to 2023. GOP per available room (GOPPAR) rose by 5.8% driven by a 1.8% revenue…
Teen girl among 3 injured in shooting at Cicero Hotel parking lot: Chicago police
CHICAGO (WLS) -- A teenage girl was among three people injured in a shooting at a Southwest Side hotel's parking lot early Saturday morning, Chicago police said.Police responded to the Cicero Hotel in the 4500-block…
Tech Tools and Tactics That Empower Hotel General Managers
Being a hotel general manager is not for the faint of heart. General managers are responsible for ensuring the property’s financial success, managing staff and delivering exceptional guest experiences – all while juggling day-to-day operations.…
Barclays Boosts Choice Hotels International (NYSE:CHH) Price Target to $132.00
Choice Hotels International (NYSE:CHH - Free Report) had its price target upped by Barclays from $129.00 to $132.00 in a report released on Friday morning,Benzinga reports. The firm currently has an underweight rating on the…
Locke Brings Its Unique Aparthotel Concept To Paris
Locke has officially opened the doors of its exciting new property in Paris, Le Jardin de Verre by Locke, bringing its unique, design-led aparthotel concept to the city's historic Latin Quarter. Marking the group's 17th…
One Aldwych Reopens With A New Spring In Its Step
One Aldwych — Photo by One Aldwych One Aldwych — Photo by One Aldwych One Aldwych — Photo by One Aldwych One Aldwych, London's first five-star B Corp™ hotel, welcomes guests back with enhanced design…
Hotel Asset Management 2025: Navigating Volatility and Divergence
As we dive into 2025, hotel asset management in Asia Pacific (APAC) is a study in contrasts. With uneven market performance and evolving guest expectations on one hand, rising costs and a growing sustainability agenda…
Global hotel performance remains resilient
Despite another challenging year in many respects, the global hotel industry remained resilient in 2024. Through November, global hotel demand reached a staggering 4.8 billion room nights, 102 million more than 2023, resulting in Revenue…
Cloudbeds and Sabre Hospitality Announce Strategic Partnership to Streamline Hotel Reservations and Optimize Distribution
Cloudbeds, the innovative leader in hospitality management technology, has today announced a strategic partnership with Sabre Hospitality, a leading global travel technology company. This collaboration delivers a deeper integration between Cloudbeds Property Management System (PMS)…
Hotels Are So Last Year – Why Everyone’s Sleeping in Castles, Caves and Cranes
Travelers spent an estimated $200 billion staying in non-traditional tourist housing last year, and Precedence Research estimates desire for alternate accommodations will send that figure skyrocketing to $924.47 billion by 2034. Consumers are looking for…