STR lowers US lodging forecast for this year and next - The Trump administration's looser fiscal policy could provide a temporary boost to the economy, but tariffs and immigration policies could slow growth later.
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Marriott to cut hundreds of corporate jobs - Marriott International will lay off 833 employees at its headquarters in Bethesda, Maryland, by early January, the company confirmed.
Nov 19, 2024 • Hospitality
Airbnb urges Barcelona to reconsider crackdown on tourism rentals - The only winner from Barcelona's war on short-term rentals is the hotel industry, Airbnb claims.
Nov 19, 2024 • Hospitality
Luxury brands lose ground with younger audience - Luxury market growth is flattening out, according to the latest findings from global consulting firm Bain & Company.
Nov 19, 2024 • Hospitality
CBRE cuts 2024 hotel forecast, but sees recovery ahead - CBRE Hotels Research has again lowered its 2024 growth forecasts for U.S. ADR, occupancy and RevPAR.
Nov 15, 2024 • Hospitality
Marriott starts to lay off corporate employees - The company announced a major organizational overhaul on November 4, when it reported third-quarter results.
Nov 15, 2024 • Hospitality
Hotrec claims Booking.com fails to comply with DMA - The European umbrella association for hotels insists on a through assessment of the parity clause changes introduced by Booking.com.
Nov 15, 2024 • Hospitality
Transforming a 200 room hotel with AI and automation - Implementing AI and automation in hotels means envisioning a seamless blend of technology and hospitality.
Nov 15, 2024 • Hospitality
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