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.
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.
44th Annual NYU International Hospitality Industry Investment Conference
June 05 - 07
Hosted by the Jonathan M. Tisch Center of Hospitality, the NYU International Hospitality Industry Investment Conference features general sessions, and networking events that provide data, analysis, perspectives, insights and opportunities. Meet, mingle and network with the professionals who drive this stimulating, evolving and fascinating industry.
The highest-end suppliers, buyers and media in the new world of APAC luxury travel gather at ILTM Asia Pacific in Singapore to create exciting new itineraries, do business and build lifelong bonds. Four days of high-quality pre-scheduled appointments, educational sessions, networking, parties and invaluable exposure sum up the ILTM Asia Pacific experience.
The Hospitality Industry Technology Exposition and Conference is the world's largest and oldest hospitality technology event. Produced by HFTP, HITEC offers a unique combination of top-notch education and brings together the brightest minds and hottest technologies from across the globe to one place
This in-person Los Angeles event will gather women in the travel, tourism and hospitality industries to focus on "Money, Abundance, and Manifestation" and is designed to spark discussion about how the greatest accomplishment in our careers is how we think about and take action on our financial wellness.
The 14th Annual Hotel Data Conference, hosted by Strategic Partner STR and Hotel News Now, will provide expert analyses, new strategies and tangible best practices. Considering the current environment, the need for such insights is greater than ever.