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

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

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

Rome’s five-star hotel boom - High-end tourism is back in Italian capital but there are concerns over how ‘incredible rebirth’ is being managed.

Feb 20, 2024 • Hospitality

Hilton reports remarkable growth in 2023 - The company expressed optimism for 2024, projecting a system-wide RevPAR increase between 2.0% and 4.0%.

Feb 16, 2024 • Hospitality

Hospitality industry hit hardest by US labor shortage - According to data recently released by the U.S. Chamber of Commerce, the leisure/hospitality industry in the United States has been hit hardest by the country’s current labor shortage.

Feb 16, 2024 • Hospitality

Group travelers prioritize wellness, urban destinations - Group hotel reservations are shifting back from resorts to cities - and in many cases, secondary urban destinations.

Feb 15, 2024 • Hospitality

The new normal: travel companies temper expectations for 2024 - As the rebound impact from the pandemic has waned, 2024 will be the first normal year for the hospitality industry since 2019.

Feb 14, 2024 • Hospitality