Out of Office: Understanding American vacation trends
Americans are notorious for leaving vacation days on the table. Despite the numerous benefits of taking time off from work, over half (53%) of Americans don’t plan to use all…
STR Weekly Insights: 18-24 August 2024
Countries/markets mentioned United States: Chicago, Houston, Milwaukee, New Orleans Global: China, Mexico, United Kingdom (London) Highlights U.S. RevPAR up for sixth consecutive week All chain scales posted RevPAR gains for…
Digitalization of Travel | By Adel Eldin and Fred DeMicco
Introduction By offering mobile applications (apps) to meet ever-increasing consumer demands. in various services including travel as the mobile apps enable new innovative ways of delivering travel services right from…
Sofitel Sydney Wentworth unveils first glimpse into $60 million transformation of iconic hotel
As Australia's first luxury hotel, it has hosted an array of international dignitaries and celebrities since its opening in 1966. 436 newly appointed guest rooms and suites spanning 15 storeys…
Handwritten Collection continues to grow in Europe with first hotels in Albania, Cyprus, Germany, Romania & Benelux
Handwritten Collection, a standout collection brand of Accor, continues its growth trajectory in Europe with a series of upcoming openings that will mark the brand’s debut in Albania (Tirana), Cyprus…
Accor unveils the winners of the 2024 Accor Design Awards x Sofitel at the Maison&Objet Fair
A creative melting pot Accor has chosen the Maison&Objet Fair in Paris – a meeting place for business and creative interaction between global players in the world of decor, design…
HVS Launches TrendTrack CompSet, a Hospitality Econometric Modeling Tool Designed to Help Clients Make More Informed Hospitality Decisions
NEW YORK, NY - HVS, the leading global hospitality consulting and services firm, is pleased to announce the launch of TrendTrack CompSet, a proprietary tool that enables hospitality clients to…
UN Tourism and FIA Reinforce Partnership to Advance Sustainable Sports Tourism
The new Memorandum of Understanding (MoU) marks a step forward in the partnership between the two organisations, highlighting their mutual dedication to advancing sustainable practices and raising awareness about the…
Hotel management agreements in Asia Pacific now average 17 years
SINGAPORE – Hotel management agreements (HMAs) are increasing in duration and while management fees have decreased in the past five years, sales and marketing fees have increased across Asia Pacific.…