The Hotel General Manager of the Future
The role of a Hotel General Manager is evolving rapidly. As the industry navigates a complex landscape of economic challenges, technological advancements, and changing guest expectations, the qualities of a…
Investing in Business Intelligence: Transforming Hospitality Through Data
In the ever-evolving hospitality industry, the use of business intelligence is becoming increasingly important. Hoteliers are recognizing the immense value that data brings to their business, from understanding drivers of…
Europe’s Competitive Core: Empowering Small and Large Businesses Alike
The word competitiveness is emerging as a theme for the new European Commission, a guiding principle for economic development, and an alarm bell to spur political leaders across Europe’s capitals…
STR Weekly Insights: 26 October
Highlights Travel compression, events and recovery efforts again drove U.S. RevPAR Southern states led U.S. performance Global RevPAR growth remained in double-digits U.S. posts a fourth week of RevPAR growth…
Dalata Hotel Group Announces Sixth Hotel in London
Dalata Hotel Group plc (‘Dalata’ or the ‘Group’), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe, is pleased to announce that…
Airbnb Q3 2024 financial results
We issued our third quarter 2024 financial results. You can read the details here. Airbnb Co-Founder and CEO Brian Chesky said: We had another strong quarter at Airbnb, with bookings…
Punthill Sunshine officially opens its doors
Punthill Apartment Hotels | Sunshine — Photo by Veriu Group Australia's fastest growing apartment hotel operator, Veriu Group, has continued the ambitious roll out of its successful Punthill apartment hotel…
The Smart Bet: Hoteliers Reveal Top Focus Areas to Sustain Positive Growth
With the peak travel rush behind them, accommodation owners are eyeing 2025 and beyond, setting their sights on strategic investments they believe will help drive and sustain positive industry growth…
Rendezvous Hotel Perth Scarborough’s Summer Glow Up
Perth's first and only beachside hotel high rise, Rendezvous Perth Scarborough is getting a summer glow-up thanks to a multi-million-dollar investment by owners, Far East Orchard. The rolling two-year refurbishment…
Global hotel performance begins to normalize
Global hotel revenue per available room (RevPAR) increased by 12.8%, relative to pre-pandemic 2019 levels, through the first eight months of 2024. Though performance continues to be robust, demand decelerated…