$20 billion in U.S. retail spending from international tourists is at risk - Goldman Sachs analysts predict that, in a worst-case scenario, the reduction in travel and boycotts could result in a 0.3% decrease in GDP, equating to a $90 billion loss.
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Sonder cuts costs, plans layoffs ahead of Marriott tie-in - The company announced $50 million in annualized cost reductions and $18 million in share sales as it prepares to fully integrate into Marriott channels in Q2.
Apr 16, 2025 • Hospitality
The European Accessibility Act: What hoteliers need to know - While the EAA presents challenges, it also offers an opportunity for hotels to innovate, improve guest experiences.
Apr 16, 2025 • Hospitality
HBX Group launches eWallet for B2B travel payments - New platform streamlines cross-border transactions, enhances efficiency, and drives scalability for travel businesses, in collaboration with FinPay.
Apr 16, 2025 • Hospitality
Embracing alcohol-free travel - U.S. hotels respond to growing demand for wellness-focused, alcohol-free options.
Apr 16, 2025 • Hospitality
Cloudbeds unveils Cloudbeds Labs - AI solutions convert human-centered data into tools that address challenges like high OTA commissions and labor costs.
Apr 16, 2025 • Hospitality
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