NEWS: WORLD

Resident Hotels and Marriott: A Bold Rebranding in Midscale Hospitality

Resident Hotels and Marriott International have joined forces to rebrand four Sleeperz Hotels as Four Points Flex by Sheraton. The partnership underscores the growing trend of conversions in the midscale segment and aims to elevate guest experiences with a global brand's backing.


Marriott Restructures: Corporate Layoffs Mark $90 Million Cost-Cutting Drive

Marriott International is undergoing a global corporate restructuring, cutting 16% of its Bethesda HQ staff and impacting positions worldwide. The move aims to enhance efficiency and align the company for future growth, with layoffs largely implemented by Q1 2025.


Sofitel Legend Pyramids Giza: Elevating Luxury Hospitality Near Egypt’s Iconic Museum

Accor and ADTIC unveil the Sofitel Legend Pyramids Giza, Egypt's first Sofitel Legend property, offering 230 luxurious rooms with pyramid views. This strategic venture near the Grand Egyptian Museum bolsters tourism, blending world-class hospitality with Egypt’s rich heritage.


Middle East Hotel Construction: A Surge in Ambitious Projects and Expanding Pipelines

The Middle East hotel industry is witnessing unprecedented growth, with robust construction pipelines, brand conversions, and significant contributions from Saudi Arabia and Egypt. A 7% year-over-year increase in room counts highlights the region's focus on luxury and upscale offerings, positioning it as a global hospitality hub.


The Elusive Summer Boom: U.S. Hotel Market Struggles Despite Strong Fundamentals

Despite signs of economic stabilization, the U.S. hotel industry faces mounting challenges as key indicators such as summer travel demand and RevPAR growth fail to meet expectations. With short-term rental competition intensifying and international travel gaps persisting, the road to recovery demands adaptive strategies and operational resilience.


Phuket’s Luxury Boom: A Comprehensive Look at Southeast Asia’s Rising Investment Hotspot

Known for its stunning beaches and upscale amenities, Phuket is fast becoming Southeast Asia’s luxury hub, drawing global investors and affluent travelers. Explore the island’s unique real estate and hospitality market as it evolves into a high-end destination, rivaling global luxury spots.


Mandarin Oriental Sets Sights on China’s Luxury Market: An Ambitious Growth Plan for 2035

Mandarin Oriental is ramping up its presence in China, aiming to double its hotel portfolio in the next decade. With a focus on tailored luxury, high-tech integration, and immersive guest experiences, Mandarin Oriental’s new strategy promises a fresh take on modern hospitality in Asia’s thriving luxury sector.


Breaking Barriers in Indian Hospitality: The Path to 70% Occupancy and Beyond in 2025

Indian hotels have reached new heights in occupancy and rates, yet the industry remains just shy of the elusive 70% mark. Challenges in weekday-weekend demand dynamics, anticipated rate corrections, and the evolving role of domestic travelers shape a complex road ahead.


Fusion Hotel Group Unveils GLOW Bangkok Riverside: A Modern Oasis on the Chaophraya River

Fusion Hotel Group's latest addition, GLOW Bangkok Riverside, invites guests to experience a blend of modern comfort and vibrant riverside charm in Bangkok’s historic Dusit district.


Accor’s Third-Quarter 2024 Performance: Strong Growth Fueled by Strategic Diversity

Accor’s third-quarter results for 2024 underscore the resilience and growth potential of its diverse brand portfolio. With standout performances in its Luxury & Lifestyle division and strategic expansion, Accor remains on a promising trajectory for sustained revenue growth.


Radisson’s Italian Renaissance: New Hotel Openings Across Iconic Cities

Radisson Hotel Group is bolstering its Italian presence, with seven anticipated openings in 2025 across Rome, Bergamo, Florence, Pisa, and Naples, adding over 1,000 rooms and establishing Italy as a core market for luxury lifestyle brands.


Celebrate Diwali with a Taste of India’s Finest at Four Seasons Abu Dhabi

Four Seasons Hotel Abu Dhabi at Maryah Island elevates the Diwali experience with a curated selection of Indian-inspired culinary offerings, including a luxurious three-course dinner at Eclipse and a refined Diwali afternoon tea at Al Meylas.


Trevello Embarks on New Era with TSE (Toronto Stock Exchange) Venture Listing: Transforming the Travel Industry

Trevello, a leading Canadian travel agency network with over 1,000 independent travel providers, is set to go public on the Toronto Venture Exchange through a merger with M3 Capital Corp. This major milestone promises expansion and enhanced market visibility.


Jack Maxwell’s Global Drinking Adventures: Exploring Culture, One Drink at a Time

Jack Maxwell’s new show, Booze Traveler, isn’t just about tasting unique drinks—it's a global journey to understand cultures through their libations. From sipping raki in Turkey to downing spit beer in the Amazon, he learns that "it's always 5 o'clock somewhere.


Global Hotel Rates to Stabilize in 2025 Amid New Openings and Eased Inflation: Amex GBT Report

According to the latest insights from American Express Global Business Travel, hotel rate increases worldwide are expected to moderate in 2025 as new property developments and inflation reductions help stabilize prices across major cities.


Sindalah Island: Saudi Arabia’s New Gem on the Global Yachting Map

Nestled in the heart of Saudi Arabia's Neom project, Sindalah Island has set a new milestone for luxury tourism. This meticulously crafted destination, spanning over 9 million square feet in the Red Sea, aims to be a magnet for the yachting elite, rivaling icons like Monaco and the Bahamas.


Costa Coffee Grapples with Rising Costs Despite Revenue Surge, Posts £9.6M Loss

Costa Coffee faces a challenging 2023, posting a £9.6M loss despite rising revenues. Inflation and higher operational costs have pressured profitability, but the brand remains committed to growth and innovation across its global footprint.


A New Era for Luxury: Four Seasons Hotel London at Tower Bridge

The Four Seasons Hotel London at Tower Bridge rebrands, embracing its historic location and marking a new era of luxury. With Michelin recognition and curated guest experiences, the hotel offers a sophisticated immersion into London's rich heritage.


Helsinki: Leading the Charge as the World’s Most Sustainable Travel Destination

Helsinki's crowning as the world's most sustainable travel destination in 2024 is a testament to the city’s environmental leadership and inclusive approach to tourism. With initiatives ranging from renewable energy to low-emission transport, Helsinki is not only preserving its natural beauty but shaping the future of global travel.


IHG’s Six-Decade Journey in Japan: A Legacy of Hospitality, Growth, and Iconic Milestones

IHG marks 60 years of pioneering hospitality in Japan, celebrating a legacy that began with the 1964 Tokyo Olympics. With iconic hotels like Keio Plaza InterContinental and partnerships such as the ANA joint venture, IHG continues to shape Japan’s luxury hotel landscape while looking ahead to a bright future of innovation and growth.