STR forecasts lower growth for U.S. hotels - STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast.

Aug 11, 2023 • Hospitality

AI in Hospitality: The Guide to successful implementation - As AI reshapes the hospitality industry, hoteliers must understand its potential, and gain knowledge and insights to harness its transformative power.

Aug 11, 2023 • Hospitality

Mobile biggest strategic focus area for OTAs - In 2023, more than half of OTA gross bookings are projected to come from mobile, according to new Phocuswright data.

Aug 9, 2023 • Hospitality

Labor costs kept U.S. hotel GOPPAR down in June - U.S. hotel gross operating profit per available room (GOPPAR) fell year over year for a second consecutive month.

Aug 9, 2023 • Hospitality

Europe’s key hotel markets report highest GOPPAR of 2023 - Among the key markets, Paris posted the highest GOPPAR level, which was a 105.8% increase over May and 40.8% year-over-year.

Aug 9, 2023 • Hospitality

Hospitality industry witnesses the Gen-Z influence - As the first generation of digital natives, Gen Z places significant importance on seamless online communication and connected experiences.

Aug 9, 2023 • Hospitality

Many new luxury hotels are springing up in London - An influx of high-end openings is poised to catapult the city's luxury sector to new heights.

Aug 8, 2023 • Hospitality

Sabre's GDS market share on the rise - In the second quarter, Sabre reported a 12% year-over-year increase in revenue to $738 million.

Aug 8, 2023 • Hospitality