HAMA Europe announces launch of 9th HAMA Europe Asset Management Award (2025)
HAMA Europe is delighted to announce today that applications are now open for the prestigious HAMA Europe Asset Management Achievement Award with first round applications invited anytime until 6th January…
BCD Travel announces the industry’s first end-to-end sustainability offering for corporate travel programs
UTRECHT, The Netherlands – BCD Travel’s latest innovation enables customers to set sustainability goals and carbon targets, drive traveler behavior change, apply carbon tax or allocate carbon emissions reduction and…
What are CAP Rates and How to Use Them
A capitalization rate, or cap rate, is a measure of the income return on an asset, such as hotel or rental property, relative to its purchase price. It is calculated…
Food for thought: systemic underinvestment in hospitality marketing
Food for thought: systemic underinvestment in hospitality marketing — Photo by NYU With the 2025 budgeting season in hospitality underway, it’s not too late to compare marketing spend in hospitality…
STR Weekly Insights: 20-26 October 2024
Highlights U.S. hotels score big gains U.S. Group demand reaches annual peak Global RevPAR growth (excl. U.S.) sprints to double digits on ADR gains China led in demand growth, but…
AluaSoul Costa Adeje, part of Hyatt’s Inclusive Collection, Debuts in Spain’s Canary Islands
The 226-room adults-only hotel, located on the southern coast of Tenerife, offers travelers the opportunity to explore local attractions and activities while enjoying the conveniences of an all-inclusive hotel. Hyatt…
First-Ever GBTA Sustainability Benchmark Reveals Gaps to Decarbonize Business Travel Programs, Calls for Accelerated Corporate Action to Reach Net Zero Targets
Copenhagen, Denmark - The GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), today unveiled findings from its Sustainability Acceleration Challenge, an industry-first global benchmarking initiative to…
Sojern and Cloudbeds Announce New Integration at World Travel Market 2024
LONDON – 4 November 2024 – Sojern, the leading digital marketing platform built for travel, and Cloudbeds, the premier hospitality management software platform, have today announced a new partnership to…
La Vie Hotel set for 2026 Melbourne opening
L-R Chris Batterham, Jerry Xu, Marcus Hanna, (La Vie Hotels), Calvin Huang, Janet Liang, (DCF) Lachlan Harris, (La Vie Hotels), Leeson Li(DCF), Russell Cool (La Vie Hotels), at the ceremony…
Centara to Reveal Important Updates and Historic New Projects at WTM London 2024
Bangkok, Thailand - Centara Hotels & Resorts, Thailand’s leading hotel operator, will return to WTM London this November to meet with the world's travel trade and reveal its latest news,…