STR lifts U.S. ADR and RevPAR forecast - While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.

Jun 6, 2023 • Hospitality

Marriott CEO on new paths for growth - Anthony Capuano wants to see the company expand faster internationally in hotel count and loyalty membership.

Jun 6, 2023 • Hospitality

Marriott launches “affordable midscale extended stay brand” - The company has become the latest major hotel group to announce plans for a new extended stay concept.

Jun 6, 2023 • Hospitality

Apple unveiled a new AirPlay hotel integration - At WWDC, Apple announced Airplay in hotels, a feature that allows users to pair their iPhone to their hotel room simply by scanning a QR code.

Jun 6, 2023 • Hospitality

Airbnb sues New York City over short-term rental restrictions - The company filed a lawsuit against New York City over a new law it called a "de facto ban" against short-term rentals set to go into effect in July.

Jun 5, 2023 • Hospitality

Expedia poised to take flight with generative AI - CTO Rathi Murthy sees the OTA’s vast troves of data and AI expertise fueling a two-pronged transformation strategy.

Jun 5, 2023 • Hospitality

European hotel industry still sees more stress than distress - More investors will be compelled to move on from hotel assets because "patience is waning" from lenders.

Jun 5, 2023 • Hospitality

Sophistication of all-inclusive resort model grows - Investors today are more comfortable with the thought of developing all-inclusive resorts, whereas 10 years ago that wasn't the case.

Jun 5, 2023 • Hospitality