WTTC Calls for Smarter Tourism Management As Destinations Face Pressure – Image Credit WTTC    New paper sets out six practical actions to help destinations grow sustainably while protecting jobs and communities As Travel & Tourism enters the height of the summer season, the World Travel & Tourism Council (WTTC) has today launched a new report […]

Monitoring The Rise in Technology Expenditures – Image Credit CBRE    Information and Telecommunications Systems (IT) is an example of an undistributed department that exhibited above average growth in 2024. From 2023 to 2024, IT Department expenditures at the properties that participated in CBRE’s annual Trends® in the Hotel Industry survey increased by 4.6%, which is […]

Image Credit Nashville Music City Center    Nashville has grown into a major domestic travel destination, supported by a strong tourism industry, robust commercial and industrial growth, and significant meeting and group demand. As tourism growth has normalized and corporate travel is expected to remain below pre-pandemic levels, meeting and group demand growth will be needed […]

Nominations Open for the ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consulting    The International Society of Hospitality Consultants (ISHC) announced that nominations are being accepted for the Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. Launched in 2015 in honor of Lori Raleigh, founder of the Travers Group and executive director of […]

10 Ways the Global Trade Tensions Could Impact You – By Dr Giuliano Bianchi – Image Credit Unsplash+    Since early 2025, the U.S. president has been making good on a campaign promise that many observers expected to be watered down or scrapped. Market players are now left guessing whether the tariffs – which have reached […]

Here’s Why Countless Americans are Holding Back from Booking Their Summer Vacations – Image Credit Unsplash    Hotel and airline bookings are showing a decline as travelers delay their plans. Economic factors, including a weaker dollar, influence travel decisions. Americans are delaying summer travel bookings, impacting the hotel and airline industries. Economic concerns […]

Furama Group Acquires Skye Suites Sydney from Crown Group for AUD68 Million in Australia – Image Credit Skye    Weekly Hotel Industry Asia Pacific News Roundup from HVS Furama Group Acquires Skye Suites Sydney from Crown Group for AUD68 Million in Australia Singapore-based Furama Hotels International (“Furama Group”) has acquired Skye Suites Sydney and its adjoining […]

Spring Hotels acquires Mare Nostrum Resort Tenerife from Brookfield    A summary of European hotel transactions provided by HVS Spring Hotels acquires Mare Nostrum Resort Tenerife from Brookfield Spanish owner-operator Spring Hotels Group has acquired the 1,037-room Mare Nostrum Resort Tenerife, Spain, from Canadian investment firm Brookfield Asset Management’s operator Selenta Group, for €430 million (€414,700 […]

Halal Tourism on the Rise: What It Means for Travellers and Hoteliers – By Nils Heckscher – Image Credit Unsplash    The rise of halal tourism is being driven by a young, digitally savvy Muslim population and increased awareness of halal-friendly travel options In recent years, halal tourism has evolved from a niche offering into one […]

Moody Gardens Hotel, Spa & Convention Center Selects Tripleseat for Enhanced Event Management and Streamlined Operations – Image Credit Tripleseat    The iconic Moody Gardens Hotel is partnering with Tripleseat to streamline its massive event operations. The hotel aims to enhance guest experiences and significantly grow its group business. This strategic move leverages the leading sales […]