Be in the know. We’re committed to keeping you informed. Check our site to get the latest industry and Association news, including press releases, articles and a calendar of upcoming events.
Industry News
News
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.
Forty Percent of Americans Plan Leisure Trips this Summer
According to Deloitte's new report, "Keen But Cautious: U.S. Travel in COVID's Second Summer," Americans of all ages and income levels are ready to get away and are making travel plans.
Since 1989, Hunter has been the meeting place for hotel owners, investors, and industry leaders. Now in its 37th year, Hunter is where deals happen and hospitality comes home.
The International Hospitality Investment Forum (IHIF EMEA) is the global stage where deals are made, partnerships are forged and industry-shaping conversations take place. Unlock actionable insights, explore new business opportunities and discover why hospitality and living sectors remain top investment choices.
