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,…
U.S. Travel Calls on Congress to Pass Critical Disaster Relief by Thanksgiving Holiday
WASHINGTON - In a letter delivered on Friday, the U.S. Travel Association called on Congressional leaders to pass substantial disaster relief to regions devastated by Hurricanes Helene and Milton as…
Performance Greek Hospitality Industry Performance Q3 2024
This newsletter provides a snapshot of the performance and outlook of the Greek hotel industry, within the broader context of the international hospitality industry as well as of Greek tourism…
Friction to Flow – Payment Innovations in Hospitality
The payment process is an often overlooked element crucial to guest satisfaction. I had the pleasure of hosting Dafna Martín, Senior Sales Manager at Adyen, to discuss the intricacies of…
Hyatt Reports Third Quarter 2024 Results
CHICAGO - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported third quarter 2024 results. Highlights include: Comparable system-wide hotels RevPAR increased 3.0% compared to the same period…