China achieves its annual economic targets
Editor's note: Despite facing multiple challenges from both internal and external pressures, China's economy has remained stable, successfully meeting its major annual economic growth targets for 2024. While ensuring steady…
Hyatt Plans to Add 20 New Hotels in Top Vacation Destinations for British Travelers
These openings will drive a 20% growth in Hyatt’s brand presence in the relevant destinations, adding nearly 4,000 new rooms by 2028. Destinations include Spain, Greece, Italy, Croatia, and Portugal.…
ITB: Bookings are rising slowly but surely
Mitra Sorrells from Phocuswright spoke about the importance of digitalization for the travel industry. Despite a gloomy consumer outlook the global travel market continues to grow, although not at the…
Profit Matters: Annual Publication 2024
Profit Matters 2024 captures the pulse of the global hospitality industry through a meticulous analysis of the year’s key financial and operational metrics. With a focus on trends, benchmarks, and…
Hilton Announces Nomination of Marissa Mayer to Board of Directors, Long‑Time Director Judith McHale to Retire
MCLEAN, Va. – The Board of Directors of Hilton Worldwide Holdings Inc. (NYSE: HLT) today announced that veteran business leader and technology entrepreneur Marissa Mayer has been nominated to stand…
Mews Secures Major Investment to Cement Industry Leadership and Redefine Hospitality Management
New York - Mews, the leading hospitality technology platform, today announced it has raised $75 million, led by Tiger Global, a renowned global investment firm, alongside existing investors, Kinnevik, Growth…
Bookboost secures 3.6M€ million to accelerate growth and expand Hospitality CRM Capabilities
Malmö, Sweden / March 2025 - Bookboost, the industry-leading hospitality CRM platform, has successfully secured €3.6M EUR in its latest funding round led by Vendep Capital. Vendep’s investment accelerates Bookboost’s…
The HOTEL Yearbook 2025 Explores Sustainability Tech-Trends
Hotel Yearbook 2025 Sustainability Tech Edition Debuts at ITB, Bridging Technology and Eco-Innovation in Hospitality The much-anticipated Hotel Yearbook 2025 Sustainability Tech Edition is set to launch on March 2025,…
PAI Partners enters partnership with Motel One to accelerate international growth
PAI Partners, a pre-eminent private equity firm, has agreed to enter into a proprietary partnership with a consortium led by Dieter Müller for Motel One Group, a leading economy design…