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Industry News
News
Booking Revenue Triples on Travel Demand Boost from U.S., Europe
Online travel agency Booking Holdings Inc said on Wednesday its quarterly revenue more than tripled and trounced estimates, driven by strong demand in Europe and the United States as more people planned their long-delayed getaways.
IHG CEO Bullish on New Hotel Construction Despite Tight Lending Market
IHG Hotels & Resorts CEO Keith Barr sees plenty of interest in moving ahead with new-build construction for hotels despite the tight lending market. Financing for new hotels dried up in the worst months of the pandemic, leading many hotel executives — Barr included — to promote the idea of signing new brand deals with the owners of existing hotels, also known as a conversion.
The U.K. continues to lead Europe in hotel performance recovery, due almost exclusively to domestic demand. Take a quick look at the U.K.’s recent performance timeline as well as occupancy on the books for the coming months as the country further eases restrictions.
Two Dozen Industry Groups Release Blueprint To Reopen International Travel
A coalition of 24 trade organizations representing a large and diverse swath of the U.S. economy is renewing urgent calls to lift restrictions on international visitation to the United States and released a policy blueprint for reopening borders safely.
AHLA, AAHOA Announce New State, Local Advocacy Organization
The nation’s two largest hotel and lodging associations, the Asian American Hotel Owners Association (AAHOA) and the American Hotel & Lodging Association (AHLA), announced the creation of the American Hospitality Alliance (AHA) at the International Society of Hotel Associations’ summer meeting.
The Hotel Association of Canada (HAC) announced its 2021 Board of Directors, with both new and returning members ready to serve HAC's mission and hoteliers across Canada.
Global Hotel Demand Uptick Tussles with Competing Costs
With the global pandemic showing some signs of relent, the collective hotel industry is reaping the reward, as travelers get back on planes or hit the road. The hotel industry is happy to welcome them back, but a continued revenue shortfall is having consequence on the bottom line.
COVID-19 Vaccine Rollouts Are Driving Summer Travel Demand
A new travel trends research paper by Tripadvisor reveals that vaccine rollouts globally are driving an increasing demand for summer vacations, with vaccinated travelers more likely to stay longer and spend more on their trips than unvaccinated travelers.
HFTP Announces Global Expansion with Charter of the HFTP India Chapter
The association for hospitality financial and technology professionals offers industry-focused education, resources and networking opportunities, and the new chapter will build upon these strategic goals for Indian hospitality professionals.
Join hundreds of hoteliers from across the country in Washington, D.C., to meet personally with your home‑state Members of Congress or their policy staff, learn about the latest policies impacting hospitality and connect with industry leaders from every segment of our industry.
NYU International Hospitality Investment Forum 2026
May 31 - June 02 2026
NYU IHIF returns May 31-Jun 2, 2026, in New York—the epicenter of hospitality brands, capital, and fast-paced dealmaking—where opportunity moves fast, and so should you.
The Hospitality Industry Technology Exposition and Conference (HITEC) is the world's largest, longest-running hospitality technology event. Produced by Strategic Partner HFTP, Association members receive special discounted access to the latest hospitality technology, industry experts, essential education and resources to find cost-effective ways to improve company bottom lines.
The Lodging Conference is the hotel industry’s premier development conference for real estate, finance, construction, and franchising. Over the past 30 years, tens of thousands of high-powered hotel owners and executives from around the globe have gathered to strategize about development, management, design and operations.
