News & Events

Hoteliers are benefiting from a loosening labor market as perks such as higher salaries, retention bonuses, finder’s fees for new workers, more flexible work schedules, and same-day payments appear to be drawing workers back into the hospitality industry.

By Danny King for CoStar 

With a third of Scottish hospitality business owners concerned about survival this winter, UKHospitality Scotland has called upon the Scottish Government to allocate support on business rates quickly, making the difference between survival or closure for hospitality venues across Scotland. 

By HospitalityUK Scotland 

Amadeus, a global leader in travel technology,  is seeing a positive trend in US hotel bookings for the Thanksgiving holiday as U.S. occupancy for Thanksgiving week is at 29%, pacing 1% higher than 2019 (pre-pandemic) levels.

By Alison Guillot for Amadeus 

HotStats’ August performance data showed that both revenue and profit were following a normal, typical summer seasonal pattern, but unrestrained inflation, higher interest rates and foundering financial markets augur a potential global recession that could derail the ongoing hotel comeback.

By HotStats 

IHG CEO Keith Barr covers a lot of ground in this conversation at Skift Global Forum. Watch him discuss the global hotel brand's headwinds, evolution, strategy and more.

By Dawit Habtemariam for Skift

 According to a new member survey conducted by the American Hotel & Lodging Association (AHLA), 87% of survey respondents indicated they are experiencing a staffing shortage, 36% severely so. The most critical staffing need is housekeeping, with 43% ranking it as their biggest challenge.

By AHLA

Recent second-quarter earnings reports from the major lodging companies points to a sustained recovery within the global hotel industry. They reported significantly improved results over the first quarter of 2022, with many profitability metrics outpacing those in 2019.

By HotStats

IHG's half-year results indicated continued progress toward recovery and growth. Globally, RevPAR is up 51% compared to last year while 96 properties were opened and another 210 were added to the pipeline.

By IHG Hotels & Resorts

The global hotel industry is producing strong performance numbers all against a climate of financial unease. It’s an incongruity that hoteliers hope sustains. For now, consumers are still, it appears, willing to put them aside in order to travel.

By HotStats