Mexico’s Economic Growth Fueled by Tourism, Projected to Support 8 Million Jobs by 2025 – Image Credit Unsplash    Mexico’s tourism industry is poised to reach a historic high in 2025, contributing $281 billion to the national GDP and supporting nearly 8 million jobs. The World Travel & Tourism Council (WTTC) has projected a landmark achievement […]

All Talk, or Reclaiming Control? Europe’s Legal Battles Against Booking.com – By Genevieve Horchler – Image Credit Unsplash+    Europe’s hoteliers are challenging Booking.com’s dominance through collective legal action and new regulations, aiming to reclaim control and reduce reliance on OTAs. Discover the potential shifts in power dynamics. On May 28, hoteliers across Europe issued the […]

Do Branded Hotels Have a Pricing Advantage over Independents? A Case Study of 3 European Football Finals – Image Credit Unsplash+    Three football finals, two different approaches, one winner. As the European football season wrapped up, three major finals sent demand soaring  in Bilbao, Wrocław, and Munich. Big events like these were always going to […]

Maestro to Showcase Full Suite of All-In-One PMS Innovations at HITEC Indianapolis – Image Credit Maestro PMS    The leading provider of cloud and on-premises property-management solutions for independent hotels and a Platinum Sponsor of the premier technology event will showcase its in-demand innovations in Booth #2411, June 17-19, at HITEC Indianapolis Maestro PMS will showcase […]

Local Events Drive Record Sydney Hotel Performance for May – Image Credit Unsplash    Sydney’s hotel industry experienced record-breaking performance metrics in May 2025, driven by key local events. The Vivid Sydney festival and sporting events significantly boosted hotel occupancy and revenue. Sydney’s hotel sector reached new heights in May 2025, with significant […]

Monaco Hotel Industry Hits Record Highs During Formula 1 Grand Prix – Image Credit Unsplash    Monaco’s hotel industry reached unprecedented levels in May 2025, with average daily rates and revenue per available room hitting all-time highs. The Formula 1 Grand Prix significantly boosted hotel occupancy, ADR, and RevPAR, surpassing previous records set in […]

Nagoya Station to Undergo Major Redevelopment to be Completed by 2040s in Japan – Image Credit Wikipedia    Weekly Hotel Industry Asia Pacific News Roundup from HVS IOI Group Acquires CDL’s 50.1% Stake in Singapore’s South Beach Mixed-use Development Malaysia-based IOI Properties Group Berhad (“IOI Group”) is set to acquire full ownership of Singapore’s South Beach […]

Europe Sees Mixed Travel Intentions for Summer 2025: Rising Costs Deter Some, While China’s Interest Surges – Image Credit European Travel Commission    Interest in summer travel to Europe has decreased among key long-haul markets, with rising costs and global tensions influencing decisions. However, China shows a significant increase in travel intent. The latest findings from […]

Select Group acquires Old Thorns Hotel & Resort in Liphook, UK – Image Credit Old Thorns    A summary of European hotel transactions provided by HVS Genefim acquires Exe Rey Don Jaime in Valencia from Atom Hoteles Genefim, the real estate investment arm of the French bank Société Générale, has acquired the four-star, 319-room Exe Rey […]

New TravelBoom Hotel Marketing Study Finds Most U.S. Travelers Book Within 1–2 Months – Confidence and Value Now Drive Booking Behavior – Image Credit TravelBoom Marketing    Visit In the face of rising inflation and economic uncertainty, Americans are still prioritizing travel, but with a newfound sense of financial caution and strategic timing. According to TravelBoom’s […]