European hotel values fail to reach pre-pandemic levels in 2023 - Elevated cost of debt in the first half of 2023 and the persisting macroeconomic challenges have resulted in a subdued market for hotel transactions.
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Choice Hotels calls off its Wyndham Hotels acquisition - After months of begging, pleading, and attempted strong-arming, the company is calling off its attempt to merge with rival Wyndham Hotels and Resorts.
Mar 12, 2024 • Hospitality
Accor posts record results, confidence in 2024 growth - The hotel company generated record-high results in 2023, with EBITDA breaking the €1 billion mark for the first time in its history.
Feb 22, 2024 • Hospitality
Maximizing hotel performance in the year ahead - Even as RevPAR is forecast to increase across most markets in 2024, the rise in expenses is making it more difficult to achieve the same profit margins.
Feb 8, 2024 • Hospitality
How hotels stay ahead of industry trends - A multi-disciplinary approach allows hotels to address the issues – and opportunities – that arise from any rapid external changes in a way that encourages collaboration.
Feb 6, 2024 • Hospitality
Mews acquires Frontdesk Anywhere - The company has made its eighth acquisition as it picks up the San Francisco-based cloud hotel management software company.
Feb 1, 2024 • Hospitality
AHLA 2024 State of the Hotel Industry report - Hoteliers will continue to acclimate to a new environment in 2024, adopting sophisticated technology and strategies to make their operations more efficient and sustainable while enhancing guest experiences.
Jan 30, 2024 • Hospitality
Six factors hoteliers should watch in 2024 - Although many economists have predicted that the U.S. will avoid a recession in the next 12 months, real gross domestic product is predicted to increase by just 1.5 percent in 2024.
Jan 26, 2024 • Hospitality
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