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Today's Brief
2023 was a big year for the hotel industry - For a lot of hotels 2023 was a big recovery year, but it is possible that the post-lockdown travel and lodging boom has peaked.
Feb 21, 2024 • Hospitality
European hotel openings set to accelerate - Europe is expected to see the opening of around 350 new hotels in 2024 as the continent’s pipeline of new properties continues to grow.
Feb 21, 2024 • Hospitality
U.S. hotel performance for January 2024 - The U.S. hotel industry reported lower performance results month over month, according to January 2024 data from CoStar.
Feb 21, 2024 • Hospitality
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Choice reports $1.5B in revenues for 2023 - The company promoted it’s proposed acquisition of Wyndham Hotels & Resorts during its earnings call with investors.
Feb 21, 2024 • Hospitality
IHG sees loyalty and brand awareness gains - Early results suggest that IHG's recent marketing efforts and brand development work are leading to growth.
Feb 21, 2024 • Hospitality
Hotel investors expect more deal opportunities this year - The higher cost of capital has slowed the pace of U.S. hotel deals over the past year, but new factors coming into play soon could spur more activity.
Feb 21, 2024 • Hospitality
Parisian hotels that double as culinary experiences - Come for the food, stay for the night. Or the other way round. Both are worth the trip.
Feb 21, 2024 • Hospitality
The Hotels Network acquired LiveRate - This acquisition brings hotel clients previously under contract with LiveRate into THN’s extensive network, which already boasts over 19,000 properties around the world.
Feb 21, 2024 • Hospitality
... in case you missed it, our Daily Brief February 20, 2024
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