Nepal’s CG Hospitality targets a threefold jump in number of hotels to 650 hotels in its investment portfolio by 2030. Overly ambitious? INTERNATIONAL REPORT – Nepalese Chaudhary Group has always dreamt big about its hotel…
Amid ongoing macroeconomic pressures, waning consumer confidence, and shorter booking windows, hotel performance for the upcoming Fourth of July holiday is drawing more scrutiny than in past years. Industry analysts are watching closely to gauge…
Joint report with UN Tourism highlights growing popularity of Azerbaijan, Kazakhstan and Czech Republic A host of emerging destinations in Central and Eastern Europe are catching the eye of international travelers this year, as demand…
What sparks the desire to travel? According to Amadeus’ Travel Dreams report, the journey begins long before a booking is made – it starts in the inspiration phase, where emotion, storytelling, and digital influence come together to…
MINNEAPOLIS — IDeaS, a SAS company and the world's leading provider of hospitality revenue management software, today announced its latest Lessons in Revenue eBook, “Data-Driven Revenue Management in the Cruise Industry: Navigating the Groundswell,” to…
Breaking news about deals, development, data and more. US RevPAR down 1.9%. The U.S. hotel industry from May 25-31 reported negative year-over-year comparisons, according to CoStar data. Occupancy was 61% (-1.6% YOY); ADR was $151.48…
Millennium Hotels and Resorts is pleased to announce the rebranding of Millennium Downtown New York as M Social Hotel New York Downtown, scheduled to debut in summer 2025. Following the successful opening of M Social…
Indianapolis, IN – In a move that signals the company’s most significant evolution to date, Hotel Internet Services (HIS), a leading provider of internet, entertainment and smart technology solutions for the hospitality industry and beyond,…
Expecting a baby is an important time in life. It can also be an ideal time to plan a relaxing getaway — and a number of Caribbean hotels are ready to meet the needs of…
Targeted M&A takes the lead in hospitality and leisure Hospitality and leisure (H&L) dealmakers began 2025 with cautious optimism, but continued volatility in capital markets and trade policy has forced a reassessment of growth strategies.…