Everything you wanted to know about buying and selling hotels.
In the wake of Hurricane Beryl, three major Montego Bay resorts—Hyatt Ziva, Hideaway at Royalton, and Secrets Wild Orchid—demonstrated exceptional resilience, bouncing back in just a few days. Through clear communication and swift action, they ensured minimal disruption for guests, reaffirming Jamaica’s reputation for world-class hospitality.
Choice Hotels re-launches Radisson Individuals in the Americas, positioning it as a boutique-focused, upper-upscale soft brand. The move gives independent hoteliers access to Choice’s distribution while retaining their unique identity.
The rise in fraudulent hotel bookings tied to visa applications is costing hotels millions in lost revenue. The Hotel Association of Canada is in talks with government officials to address the problem and prevent further damage to the industry.
CFO Capital has arrangCed financing for two hotels in New Brunswick: Comfort Inn Campbellton and Days Inn Dalhousie. Both properties cater to business and leisure travelers, enhancing the region's appeal to investors amid rising tourism demand.
Opening in April 2025, Hyatt Place Montreal Airport will offer 154 rooms, a 24-hour shuttle, a fitness center, and dining options, providing travelers with seamless access to both the airport and train station.
Japan Airlines is enhancing the travel experience for Canadian travelers by offering a complimentary domestic flight within Japan when booking an international flight. This initiative aims to encourage exploration of lesser-known regions, allowing visitors to discover unique cultural experiences and breathtaking landscapes across the country. To qualify, travelers must book both flights in a single reservation through JAL's website.
Marriott Bonvoy and Aeroplan have expanded their partnership, introducing a new status-match feature and point conversion options. Elite members from both programs can now enjoy enhanced benefits, providing more flexibility and value for frequent travelers across hotels and airlines.
Antigua and Barbuda will host the Caribbean Travel Marketplace for the first time in May 2025, marking a significant milestone in the nation's tourism rise. The event is expected to attract major global buyers, showcasing the islands' growing status in the Caribbean's hospitality and tourism sectors.
n the race for hospitality dominance, Singapore is surging ahead with record-breaking occupancy rates and soaring daily rates, while Hong Kong struggles to regain its footing in the luxury sector. As these two Asian powerhouses rebuild post-pandemic, strategic event hosting, shifting visitor demographics, and new infrastructure developments are setting the stage for a fierce competition in the hotel industry.
The first-ever World Sustainable Travel & Hospitality Awards recognized leaders driving net positive tourism, with Belize taking center stage for its pioneering sustainability efforts. Winners were celebrated for their innovative contributions to a more sustainable future for global travel and hospitality.
Seasonal hotels often face revenue challenges during slower months like those approaching Thanksgiving and the winter holidays. By using strategic pricing, adjusting promotions, and offering creative packages, hotels can maintain profitability even during off-peak seasons.
As e-commerce and card-not-present transactions surge, the hospitality industry faces a steep rise in fraud. Adopting AI-driven solutions can empower hotels to stay ahead of fraudulent schemes, reduce chargebacks, and safeguard guest trust.
Independent hotels in Europe are not only abundant in room inventory but also pivotal for their unique offerings, local charm, and flexible service. Despite the allure of chain hotels’ resources and loyalty programs, independent properties hold crucial advantages, from personalized guest experiences to adaptable revenue strategies, empowering them to compete robustly for market share.
As contactless technology reshapes the hospitality industry, hotels face a critical question: how much are guests truly willing to pay for the convenience and safety these innovations offer? Understanding guest preferences and willingness to pay (WTP) for different services will be key to maximizing investment returns while enhancing customer satisfaction.
The UN's newly introduced Pact for the Future focuses on sustainability, climate action, technological innovation, and social inclusivity, reshaping the hospitality sector. As hotels and tourism operators adapt to global expectations, they face new opportunities and challenges in aligning with the sustainable development goals (SDGs) while enhancing profitability and customer satisfaction.
As India's economy and population grow at breakneck speeds, the hospitality industry is poised for significant expansion. A deeper look reveals why this nation is capturing global attention and what it means for future hotel investments.
In a sluggish RevPAR environment, maximizing hotel revenue requires smart, adaptable approaches. By focusing on strategic team management, leveraging F&B programs, and optimizing sales efforts, hoteliers can unlock revenue opportunities. Three industry experts share key strategies for success.
The inaugural Quebec Hotel Investment Conference (QHIC) showcased the evolving landscape of Quebec's hotel industry, with discussions highlighting economic growth, labor shortages, sustainability, and investment trends. Experts focused on the pressing need for hotel renovations, green energy integration, and creative succession planning for family-owned businesses. The event set a cautiously optimistic tone, encouraging hoteliers to embrace innovation while overcoming regulatory and market challenges.
In January 2025, STAY Magazine and Big Picture Conferences will launch the Canadian Hotel GM Exchange (CHGME), an exclusive, first-of-its-kind event designed to unite Canada's leading hotel general managers. This groundbreaking summit will serve as a vital platform for property-level leaders to exchange insights, gain strategic knowledge, and explore the future of the hospitality industry.CHGME will bring together top general managers from across the country for a day of knowledge-sharing, networking, and professional growth. This unique event focuses on topics...
The 2024 MICHELIN Guide has awarded its newly introduced One, Two, and Three Key distinctions to outstanding hotels across Canada, marking a historic moment for the country’s luxury hospitality sector. This guide sets a new global standard, recognizing hotels for exceptional hospitality, unique character, and impeccable service.
