Author: Admin

Economics is essential in the hospitality industry because it helps businesses understand and respond to market dynamics, optimise resource allocation, and make informed financial decisions. These principles also allow companies to adapt to fluctuations in tourism and global economic conditions. A solid grasp of economics enables hospitality professionals to operate efficiently and competitively in a dynamic and often unpredictable environment. By studying economics, we gain insights into how markets function, how prices are determined, and how policies can influence employment, inflation, and economic growth. It also equips us to critically assess trade-offs, evaluate costs and benefits, and make informed decisions in both personal and societal contexts to understand how individuals, businesses, and governments allocate limited resources. Economics also provides a framework for addressing pressing global challenges such as inequality, financial stability and sustainability.

April demonstrated how deeply interconnected global markets have become, reflecting the Dalai Lama’s wisdom about our mutual dependencies. Despite unprecedented volatility triggered by the White House trade policies, the S&P 500 closed with less than one percent decline – a deceptively unremarkable performance masking extraordinary market conditions.

Founded by entrepreneur Sheila Johnson, Salamander Collection has a luxury portfolio with many awe-inspiring hotels: the Forbes Triple Five-Star Salamander Middleburg, an equestrian-themed property in the Virginia countryside; Salamander Washington DC, an elegant hotel located along the capital’s vibrant Southwest waterfront; Half Moon, the storied resort in Montego Bay, Jamaica; Aspen Meadows Resort, with its sweeping 40 beautiful acres in Aspen, CO’s west end; Hotel Bennett, a spectacular grand hotel overlooking the city’s historic Marion Square in Charleston, South Carolina; and Innisbrook Resort in the St. Petersburg/Clearwater area, which hosts the PGA TOUR’s Valspar Championship each year on its famed Copperhead Course.

“One of the saddest lessons of history is this: If we’ve been bamboozled long enough, we tend to reject any evidence of the bamboozle. We are no longer interested in finding the truth.The bamboozle has captured us. It’s simply too painful to acknowledge, even to ourselves, that we’ve been taken. Once you give a charlatan power over you, you almosCarl Sagan

HotelTechReport, the most trusted global platform for hotel technology insights, today released the 2025 edition of the HotelTechIndex™ Market Leaders Report—a data-driven analysis of the top-rated hotel software solutions across every major operational category.

IRIS, a global leader in digital F&B ordering solutions for hospitality, is proud to announce its successful partnership with Courtyard Irvine Spectrum, part of the Marriott portfolio, which has resulted in a 54% year-on-year increase in F&B revenue through the implementation of IRIS Mobile Dining.

As the hospitality and live-event industries prepare for the Federal Trade Commission’s (FTC) new Junk Fees Rule, set to take effect on May 12, 2025, UrVenue is taking proactive steps to ensure our clients not only comply with the new regulation but also strengthen their brand reputation through pricing clarity.

The Sustainable Hospitality Challenge (SHC), founded by Hotelschool The Hague, returns in 2025 with a dynamic new format that reflects the evolving landscape of hospitality innovation. It now features two powerful tracks centered around Impact and Inspiration. SHC continues to empower top students from around the world to redefine the future of sustainable travel and tourism.

For the fourth year in a row, U.S. summer travel to Europe will increase, according to new data from travel insurance and assistance company Allianz Partners USA’s Top Summer European Destinations Report. U.S. summer travel to Europe will increase by 10% in 2025. London, England (#1), Paris, France (#2), and Dublin, Ireland (#3) continue to be the top European destinations for U.S. travelers*.

Mews, the industry-leading hospitality cloud, has announced the launch of the Hospitality Industry Advisory Board to continue its pioneering work within hospitality technology.