UK: Consumer spending could rebound in the second half of 2024 - Positive economic indicators and the highest consumer sentiment in three years may boost retailers in late 2024, per PwC's latest survey.

Aug 2, 2024 • Hospitality

How many more hotel rooms can the Gulf take? - How much is enough? When will it stop? Even the cleverest forecasters have got it wrong.

Aug 2, 2024 • Hospitality

Marriott lowers forecast for 2024 - The company lowered its 2024 room revenue growth forecast, citing weaker domestic travel demand in China and North America.

Aug 1, 2024 • Hospitality

Online platform tourism booming across Europe - In the first three months of this year, the trend of overnight stays booked through online platforms showed a strong growth compared to the same period in 2023.

Jul 31, 2024 • Hospitality

Hyatt to acquire Standard Hotels - Hyatt Hotels is in "advanced talks" to acquire upscale boutique hotel operator Standard International, Bloomberg reports.

Jul 22, 2024 • Hospitality

Paris has overestimated its appeal - The Olympic Games tourism boom hasn’t materialized - now hoteliers and Airbnb owners are frantically cutting their rates.

Jul 10, 2024 • Hospitality

Paris hotels face low demand as Olympics approach - Hotel occupancy rates in the French capital are well below average as bad weather, combined with Olympic-related transport problems and price hikes, keep summer tourists away.

Jul 3, 2024 • Hospitality

Hotels, OTAs and DMA - HOTREC's 2024 Hotel Distribution Study explores the latest trends in the European accommodation industry and reveals how consumers book hotel rooms.

Jul 3, 2024 • Hospitality