STR lowers U.S. hotel forecast for 2024/25 - Increased cost of living is impacting lower to middle income households and their ability to travel, reducing demand for lower priced hotels.
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GBTA predicts new record year for business travel in 2024 - Global economic stability and continued pent-up demand have encouraged CEOs and CFOs to resume business travel.
Jul 23, 2024 • Travel
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
CBRE Hotels adjusts outlook for 2024 - CBRE is lowering its U.S. hotel performance forecast due to softening lodging demand from weaker leisure travel and slower corporate earnings growth.
Aug 19, 2024 • Hospitality
Expedia launches Comet, an AI-powered travel browser - A new partnership with Perplexity blends conversational search, trip planning, and loyalty rewards into a single interface.
Oct 8, 2025 • Hospitality
Expedia restructures teams amid strategic refocus - Layoffs affect 3% of workforce as company aims to streamline operations and drive long-term growth.
Apr 29, 2025 • Hospitality
Hilton’s clean energy strategy gains traction - Cost-neutral renewables and owner buy-in drive momentum toward 2030 climate goals.
Jul 23, 2025 • Hospitality
U.S. hotel markets recover from the pandemic - A snapshot of 15 major U.S. hotel markets shows that travel to cities is rebounding, with one notable exception: San Francisco.
Jun 16, 2023 • Hospitality
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