Articles tagged “hotel development”

Hotels

Marriott: U.S. Market Is Cooling Amid Global Hotel Boom

Marriott execs cited a "normalization" in domestic U.S. vacation bookings, a potential warning sign for the post-pandemic travel frenzy. Still, with a strong dollar sending Americans overseas and a loyalty program topping 203 million members, Marriott seems well-positioned for a profitable year worldwide.

Sean O'Neill | 3 days ago

Marriott: U.S. Market Is Cooling Amid Global Hotel Boom

Hotels

Premier Inn to Grow Hotel Room Count by 25% Before 2030

Premier Inn hotels are like shoeboxes, but their beds have comfy mattresses that come with a "good sleep" guarantee. The profitable brand anticipates strong growth in the UK and Germany.

Sean O'Neill | 4 days ago

Premier Inn to Grow Hotel Room Count by 25% Before 2030

Hotels

India’s Hotel Boom: Latest Investments from Marriott, Hilton and Other Chains

Move over, China. The world's hotel giants have a new favorite: India.

Sean O'Neill | 7 days ago

India’s Hotel Boom: Latest Investments from Marriott, Hilton and Other Chains

Hotels

Nobu’s Secret: CEO Lays Out Plan to Have 80 Luxury Hotels

Nobu, the posh restaurant chain, is expanding its luxury hotel brand. The secret sauce? Sky-high revenue from their in-house restaurants, Robert De Niro's star power, and a culture that keeps top talent sticking around, says top exec Trevor Horwell.

Sean O'Neill | 7 days ago

Nobu’s Secret: CEO Lays Out Plan to Have 80 Luxury Hotels

Hotels

Wyndham Pushes Premium Strategy After Fending Off Choice’s Hostile Bid

Wyndham wants to retain its stronghold in economy lodging while expanding into higher-end properties that generate larger franchise fees. The company saw a swift increase in development deal signings after rival Choice Hotels abandoned its hostile takeover attempt last month.

Sean O'Neill | 1 week ago

Wyndham Pushes Premium Strategy After Fending Off Choice’s Hostile Bid

Business Travel

Hilton Sees Full Corporate Travel Rebound in Hotel Stays in 2024

Vacationers have been Hilton's bread and butter recently, but the hotel giant predicts a full house of the briefcase brigade soon.

Sean O'Neill | 1 week ago

Hilton Sees Full Corporate Travel Rebound in Hotel Stays in 2024

Tourism

Thousands of Canary Islands Residents Protest ‘Overtourism’

Thousands of fed-up residents took to the streets of Tenerife. Activists want a new tourism model that puts locals first. But businesses seek sustained growth from a tourism sector that drives about a third of the local economy.

Sean O'Neill | 2 weeks ago

Thousands of Canary Islands Residents Protest ‘Overtourism’

Hotels

Ferragamo’s Formula: Behind Portrait Milano’s Luxury Hotel Launch

The Ferragamo family's Portrait Milano hotel has taken the Italian fashion capital by storm. It did so through its philosophy of "inclusive exclusivity," its celebrated pasta bianco dish, and some star-studded events. Is Naples, Venice, or Palermo next?

Sean O'Neill | 2 weeks ago

Ferragamo’s Formula: Behind Portrait Milano’s Luxury Hotel Launch

Hotels

TUI Taps Into African Tourism With Hotel Push

TUI is tapping into the booming African tourism market as it spreads its offerings throughout the continent.

Jesse Chase-Lubitz | 3 weeks ago

TUI Taps Into African Tourism With Hotel Push

Hotels

Marriott and IHG to Add About 100 Hotels Each in Europe

The hotel giants are reluctant to wait to grow through new construction. They're instead speeding along by rebranding existing buildings. In IHG's case, it means out with the old, in with the "Holiday Inn — the Niu."

Sean O'Neill | 3 weeks ago

Marriott and IHG to Add About 100 Hotels Each in Europe