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WTTC’s Hotel Sustainability Basics Reaches 3,400 Verified Properties

Milan, Italy - The World Travel & Tourism Council (WTTC) has today announced that its Hotel Sustainability Basics (Basics) has achieved a significant milestone, with 3,400 properties now verified across almost 80 countries. Designed to help hotelier...

Fri May 3, 2024 12:36
Yada Xishan Hotel Yixing Officially Opens as New Addition of The Unbound Collection by Hyatt Brand

Blending natural beauty with contemporary Chinese aesthetics, the spiritual hideaway invites guests to enjoy elevated experiences. Hyatt Hotels Corporation (NYSE: H) announced today the opening of Yada Xishan Hotel Yixing, the first Hyatt-branded ho...

Fri May 3, 2024 12:36
Hyatt Signs Agreement with Knowledge Economic City for Two New Hotels in The Kingdom of Saudi Arabia

Two Hyatt-branded hotels set to debut in Madinah as Hyatt House Madinah KEC and Hyatt Centric Madinah KEC. Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into management agreements with Knowledge Economic City ...

Fri May 3, 2024 12:36
Europe Hotel Transactions Bulletin - Week Ending 26 April 2024

Travelodge acquires six Spanish hotels from Louvre British hotel owner-operator Travelodge, through Spanish subsidiaries, has acquired six hotels totalling 773 rooms across Spain from French hospitality firm Louvre Hotels Group. The assets are prese...

Fri May 3, 2024 12:07
Industry experts’ predictions for occupancy and ADR hold steady, even with declining confidence in demand

The Hospitality Industry Sentiment (HIS) survey is STR’s quarterly study capturing the experiences and expectations of travel industry professionals. This survey began in Q4 2022, and with the fifth edition completed in Q1 2024, some trends have sol...

Fri May 3, 2024 12:07
U.S. hotel results for week ending 27 April

WASHINGTON – As expected with Passover, U.S. hotel performance came in lower than the previous week and comparable period last year, according to CoStar’s latest data through 27 April. CoStar is a leading provider of online real estate marketplaces,...

Fri May 3, 2024 12:07

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