Sotherly Hotels (Nasdaq: SOHO) agreed to be acquired by a joint venture led by Kemmons Wilson Hospitality Partners with Ascendant Capital Partners for $2.25 per share in cash. The price represents a 152.7% premium to…
Key Takeaways Airbnb is launching a £1 million ‘Best of British’ fund supported by VisitBritain to help communities and local businesses across the UK transform into must-do cultural experiences. Research shows that although British holidaymakers…
ARLINGTON, Va. – Canada’s hotel occupancy and revenue per available room (RevPAR) grew year over year for a fifth consecutive month, according to September 2025 data from CoStar, a leading global provider of commercial real…
The pace of innovation at online travel agencies (OTAs) continues to accelerate, transforming how travelers discover, plan and book their stays. For independent hotels and B&Bs, these changes can bring both opportunity and pressure. The…
Known for pairing candour with data-driven clarity, the HotStats CEO recently unpacked the latest profitability trends shaping the UK and European markets — and the results were anything but comforting. It’s not that sweet at…
In the lead up to the Future Hospitality Summit - FHS World 2025, taking place at Madinat Jumeirah in Dubai next week from 27-29 October, we asked several industry partners about what's next for hospitality…
Sunnyvale, CA – LodgIQ, a leading provider of AI-powered revenue optimization solutions for the hospitality industry, has released a new industry guide entitled “From Revenue Manager to Commercial Strategist: A Hospitality Guide.” This resource outlines…
The new owner of a hotel which was controversially used to house asylum seekers has said it will reopen next month.Protests were staged at the Park Hotel in Diss in the summer after officials said…
PARSIPPANY, N.J. - Wyndham Rewards®, the #1–rated hotel rewards program known for its groundbreaking simplicity and generosity, is once again transforming the loyalty landscape with the launch of Wyndham Rewards Insider℠—a first-of-its-kind travel and entertainment…
A few days ago, walking along a beach in Zanzibar - Yes, I was on a little vacation! - I stumbled into a living, breathing masterclass in revenue management. No spreadsheets. No dashboards. Just sun,…