STR Weekly Insights: 9-15 February 2025
Highlights Valentine’s Day love spread across the whole week Group weekdays and leisure weekends drove performance Wildfire impact slowed considerably around Los Angeles while hurricane impact remains Chain scale bifurcation…
Cloud 7 Hotel Roma: Kerten Hospitality’s Latest Destination for Art, Design, and Local Culture
An Art-Centric Hotel in the Heart of Rome, Just Steps Away from the Spanish Steps and Pantheon. Cloud 7 Hotel Roma by Kerten Hospitality, is a reinforcement of the group's…
HSMAI Foundation Welcomes 2025 Board Members Lead By Chair Lori Kiel
McLean, VA – Hospitality Sales and Marketing Association International (HSMAI) Foundation is proud to announce the members of its 2025 Board of Directors and Executive Committee. HSMAI Foundation leaders represent…
Marriott International Celebrates Record Number of Deals Signed in Greater China in 2024
Marriott International, Inc. (Nasdaq: MAR) announced another strong year of growth in Greater China in 2024, with a record-high 161 signed deals, representing nearly 31,000 rooms, in the region –…
London Hotel Market Spotlight 2024
OVERVIEW The sample of branded full-service hotels in London recorded an increase in profit during the full year 2024 relative to 2023. GOP per available room (GOPPAR) rose by 5.8%…
Hotel Asset Management 2025: Navigating Volatility and Divergence
As we dive into 2025, hotel asset management in Asia Pacific (APAC) is a study in contrasts. With uneven market performance and evolving guest expectations on one hand, rising costs…
Global hotel performance remains resilient
Despite another challenging year in many respects, the global hotel industry remained resilient in 2024. Through November, global hotel demand reached a staggering 4.8 billion room nights, 102 million more…
The Mille Club: Introducing the Total Revenue Manager
For those who have not followed our writing, the Mille Club refers to properties with rates over one thousand dollars, pounds or euros, with the ‘mille’ picked up from the…
First Hospitality Celebrates Their World-Class Talent and 40th Anniversary at Its Annual First Honors Awards Gala
CHICAGO – First Hospitality, a national hotel operating and development company, kicked off 2025 celebrating its 3,500+ associates and 40th anniversary at the company’s annual First Honors Awards Gala that…
Virtuoso® Continues to Expand Globally, Welcoming over 30 Member Agencies in Asia, Middle East & Africa and Beyond
Virtuoso®, the leading global network specialising in luxury and experiential travel, accepted over 30 travel agency members since January 2024, highlighting the network’s ongoing commitment to strategically expanding its global…