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Hotel News

Extensive coverage of news stories specifically curated for travel industry professionals seeking to stay informed about the latest developments, trends, and opportunities in the global hotel sector. The archive provides a comprehensive overview of the industry, covering various aspects of hotel management, operations, guest experience, and marketing. In-depth analysis and expert opinions are presented by Skift editors and contributors, examining the challenges and opportunities faced by hoteliers in different regions and market segments. The archive also highlights the influence of global events, regulations, and changing traveler preferences on the industry.

Get even more news about the business of hotels at Daily Lodging Report.

News Blog

IDEAS: JW Marriott Encourages Guests to ‘Stay in the Moment’ with New Asia-Pacific Campaign

JW Marriott has launched a new Asia-Pacific campaign, taking inspiration from the K-drama genre and starring South Korean actor, Lee Min-ho.  The three-minute video titled ‘Stay in the Moment’, tells the story of a headstrong son and his family, who face their issues and overcome barriers by embracing the life moments provided through the shared…

Hotels

Cricket World Cup Frenzy: Hotel Prices Hit $3,000 Before India-Aussie Final

Think of it as game and you may not understand the frenzy, but then again cricket is an emotion in India!

Cricket World Cup Frenzy: Hotel Prices Hit $3,000 Before India-Aussie Final

Hotels

IHG in Talks To Run More Hotels for Dubai’s ‘Heart of Europe’

IHG will franchise a hotel at The Heart Of Europe, with potential for two more hotels at one of Dubai's best-known on-again-off-again tourism projects.

IHG in Talks To Run More Hotels for Dubai’s ‘Heart of Europe’

Daily Lodging Report

U.S. RevPAR Projected to Be 14% Above 2019 Levels Next Year 

CBRE is forecasting RevPAR growth to recover in 2024 as inbound international travel further improves and sector-specific headwinds moderate.

Daily Lodging Report

RevPAR Projected to Be 14% Above 2019 Levels Next Year 

CBRE forecasts 3.0% RevPAR growth in 2024, driven by improved international travel and economic factors. Lodging stocks were mixed today with SOND biggest mover, down -12%, SHCO and AHT both down -6%, VCSA fell -5%. Various hotel projects announced, including new developments in Las Vegas and North Carolina, renovations in Nashville and Pocono Mountains, and upcoming openings in Florida and Virginia.

News Blog

IDEAS: One&Only Debuts in Greece with the Opening of Aesthesis

One&Only has made its debut in Greece with the opening of One&Only Aesthesis, the first of the brand’s two new European locations to open. Situated within a 21-hectare beach and forest reserve that overlooks the Aegan Sea, the resort has been built to ‘redefine the concept of al fresco living,’ and pays homage to mid-century…

Daily Lodging Report

OYO Plans to Repay Debt Prior to IPO

OYO is planning to prepay a major portion of its RS 1,620 crore debt ahead of its long-planned IPO. OYO said they will prepay Rs 1,600 crore debt through a buyback process.

Daily Lodging Report

Global Deal Announcement Slowed in First 9 Months of 2023

A total of 621 deals were announced in the travel and tourism sector globally during January-October 2023, a decline of 31.8% compared to the same period in 2022.

Hotels

Europe’s Independent Hotels Lag U.S. Brands on Google Hotels: New Skift Research

Smaller independent hotels in Europe, lacking the marketing budgets and tech capabilities of branded counterparts in the U.S., are more inclined to rely on online travel agencies for distribution rather than their own sites.

Europe’s Independent Hotels Lag U.S. Brands on Google Hotels: New Skift Research

Hotels

Neom Announces Epicon, A Futuristic Skyscrapper With Beach Clubs

Neom announces another spare-no-expense boutique hotel project. Epicon looks like something out of a Star Wars movie.

Neom Announces Epicon, A Futuristic Skyscrapper With Beach Clubs