The travel & tourism sector witnessed a notable decline in deal activity in the first half of 2025, down 8% year over year. Plus, hotel deal and development news.
The dollar's decline is splitting the hotel industry along regional lines. European and Asian chains are feeling the pinch while U.S.-based operators barely mention the turbulence.
Iberostar’s progress suggests that focused action, like electrifying building with renewables and locking in clean power contracts, can deliver results.
IHG's new deal with Emirates is as part of broader push to capture the underserved corporate segment. Expect more partnerships that offer fast-track loyalty status in exchange for direct bookings.
Sanjay Sethi's decision to step down as the CEO and MD after a decade points to a possible change in the way the company operates as it faces stiff competition in an intense industry landscape.
Billions of dollars in hotel bookings flow through the global distribution systems (GDS) every year. Numerous hotel attributes affect how a property is best positioned to win reservations and how agencies can maximize their commissions through these channels. Here’s an inside look at what both these parties on either side of the hotel transaction should consider.
Indian Hotels Company announced the opening of Vivanta Thane, LBS Road, marking the brand’s debut near Mumbai. Plus other hotel deal and development news.