Long Waits, High Shipping Costs: The Impact of the Global Supply Chain on Hotels
Long Waits, High Shipping Costs: The Impact of the Global Supply Chain on Hotels

HotelNewsNow · 17 Sep

Like many industries, hotels are at the mercy of the delays in the global supply chain.

Investors Patiently Pursue Opportunistic Hotel Deals
Investors Patiently Pursue Opportunistic Hotel Deals

HotelNewsNow · 16 Aug

Amid surging demand for hotels through the summer travel season, executives at the largest U.S.-based hotel ownership companies have been watchful fo

China’s Hotel Recovery Evaporated in 2 Weeks
China’s Hotel Recovery Evaporated in 2 Weeks

skift Inc. · 13 Aug

China, usually seen as the global leader in the hotel industry’s recovery from the pandemic, took a massive fall last week in its hospitality comebac

Hotel Investors 'Kick the Can' on Acquisitions as Distressed Assets haven't Materialized
Hotel Investors 'Kick the Can' on Acquisitions as Distressed Assets haven't Materialized

HotelNewsNow · 12 Aug

Hotel owners who thought they were experienced and poised to make the most out of a crisis following the Great Recession had to learn the hard way ju

Travel Demand Adds Pressure To Hotel Labor Shortage
Travel Demand Adds Pressure To Hotel Labor Shortage

HotelNewsNow · 3 Aug

The increase in demand for hotel rooms during the COVID-19 pandemic has been a double-edged sword for the U.S. hotel industry.

Questions On Labor, Business Travel Linger Heading Into Hotel Earnings Reports
Questions On Labor, Business Travel Linger Heading Into Hotel Earnings Reports

HotelNewsNow · 23 Jul

As the U.S. hotel industry nears its second-quarter earnings call season, hotel experts and analysts expect the publicly traded hotel brand companies

Hotel Stocks Underperform For Fourth Straight Month
Hotel Stocks Underperform For Fourth Straight Month

HotelNewsNow · 9 Jul

The unleashing of pent-up leisure travel demand in the U.S. this summer so far hasn't been enough to significantly boost stock values for the hotel i

Hoteliers Find Ways To Turn Parking Lots Into Profit
Hoteliers Find Ways To Turn Parking Lots Into Profit

HotelNewsNow · 25 Jun

Hotel parking facilities can be highly efficient profit centers, but often are underutilized by hoteliers who lack revenue management discipline.

Accor’s European Signings Growth Stems From Thinking Like Owners
Accor’s European Signings Growth Stems From Thinking Like Owners

HotelNewsNow · 9 Jun

Control what you can control. Throughout the COVID-19 pandemic, both individuals and businesses have leaned on that daily strategy.

Accor Acquisition Company announces its private placement and listing on Euronext Paris
Accor Acquisition Company announces its private placement and listing on Euronext Paris

Hospitality ON · 2 Jun

Accor Acquisition Company (AAC), a Special Purpose Acquisition Company (SPAC) sponsored by Accor, has raised €300 million; in a private placement of

Marriott Focused On Helping Owners With Costs, New Development
Marriott Focused On Helping Owners With Costs, New Development

HotelNewsNow · 28 May

As the hotel industry continues on its way to recovering from the COVID-19 pandemic, Marriott International is working closely with owners to control

Owners Reconsider Hotels' Positioning, Actively Pursue Deals
Owners Reconsider Hotels' Positioning, Actively Pursue Deals

HotelNewsNow · 4 May

The COVID-19 pandemic is making hotel owners reevaluate their strategies either because of the challenges the pandemic has caused or the opportunitie

International Demand In Europe Unlikely To Return Until 2024
International Demand In Europe Unlikely To Return Until 2024

CoStar Group, Inc. · 31 Mar

International hotel overnights and business in Europe likely will not recover until 2024, while domestic demand will likely lead the way in 2021, as

Hotel Property Rebound Faces Years-Long Slog
Hotel Property Rebound Faces Years-Long Slog

BloomBerg.com · 10 Mar

Distressed hotel owners may need to wait until 2024 to see a full rebound.

Hotel Borrowers, Lenders Prepare for Transition of Debt Benchmark
Hotel Borrowers, Lenders Prepare for Transition of Debt Benchmark

HotelNewsNow · 10 Feb

Hotel owners and financiers are confronting the phase-out of a longstanding interest rate benchmark as they address the impact the pandemic has had o

Distressed Assets a Waiting Game for Those Interested
Distressed Assets a Waiting Game for Those Interested

HotelNewsNow · 29 Jan

Hotel owners and operators looking to pick up distressed assets have had to wait longer than previously expected, but industry experts believe those

European Hotel Deal Volume Expected To Grow in 2021
European Hotel Deal Volume Expected To Grow in 2021

HotelNewsNow · 19 Jan

The United Kingdom's hotel sector will show a noticeable surge in transactions outside of London as hotel-ownership balance sheets are cleaned up fol

What Happens To All of NYC’s Empty Hotels?
What Happens To All of NYC’s Empty Hotels?

Hotel Association of New York City (HANYC) · 18 Jan

John Fitzpatrick has weathered multiple crises in his more than three-decade career in the hotel industry. He opened his first hotel in New York City

The world's most powerful passports for 2021
The world's most powerful passports for 2021

cnn.com · 7 Jan

The days of strolling into an airport, flashing a passport, then hopping on a flight to wherever one likes are, for now, a distant memory.

Some Denver Area Hotels Dim The Lights And Wait For The Creditors To Come Knocking
Some Denver Area Hotels Dim The Lights And Wait For The Creditors To Come Knocking

The Denver Post · 15 Dec

Months of empty rooms and discounted rates are catching up with hotel owners in Denver and across the country. Unless Congress steps in with more fin

Hotel operator IHG extends debt waivers to end of 2022
Hotel operator IHG extends debt waivers to end of 2022

reuters.com · 14 Dec

Holiday Inn-owner Intercontinental Hotels Group has struck an agreement with its creditors to extend waivers of its debt covenants through the end of

‘Throw Out the Old School’: Rethinking Labor Management at CYBER HITEC
‘Throw Out the Old School’: Rethinking Labor Management at CYBER HITEC

lodgingmagazine.com · 4 Nov

"Labor is an investment and not an expense." That was among the key themes of a virtual session led by Del Ross, chief revenue officer for Hotel Effe

Marriott Hotels Fined £18.4m For Data Breach That Hit Millions
Marriott Hotels Fined £18.4m For Data Breach That Hit Millions

bbc.com · 2 Nov

The UK's data privacy watchdog has fined the Marriott Hotels chain £18.4m for a major data breach that may have affected up to 339 million guests.

Airbnb Sets Stage For Blockbuster Market Debut, Looks At Nasdaq Listing
Airbnb Sets Stage For Blockbuster Market Debut, Looks At Nasdaq Listing

reuters.com · 29 Oct

(Reuters) - Home-rental startup Airbnb Inc plans to list its shares on the Nasdaq, setting the stage for one of 2020's most high-profile stock market

Hotels Are Betting Big on Brand Conversions Coming of Out of the Crisis: Is That Smart?
Hotels Are Betting Big on Brand Conversions Coming of Out of the Crisis: Is That Smart?

skift Inc. · 18 May

Depending on whether global brands or independent operators are the ones talking, there is a lot of money to be won or left on the table in a hotel b

Softbank-Backed Oyo To Offload More Loss-Making Hotels Amid Pandemic - Sources
Softbank-Backed Oyo To Offload More Loss-Making Hotels Amid Pandemic - Sources

reuters.com · 1 May

India's Oyo Hotels and Homes, backed by SoftBank Group (9984.T), plans to offload more properties around the world, three sources familiar with the m