Preferred NextGen Leadership Council Celebrates Milestone First Year, Uniting Tomorrow’s Stars of the MICE Industry

Preferred Hotels & Resorts, the world’s largest independent hotel brand, is proud to celebrate the first anniversary of the Preferred NextGen Leadership Council (PNLC), a forward-thinking initiative offering insights into the future of the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment through the leadership of the next generation of decision makers. Marking a successful inaugural year – with its innovative approach and strategic importance – the PNLC addresses the rapidly changing dynamics of the industry by empowering and nurturing the next generation of leaders through education, mentorship, community, and purpose. Designed to accelerate professional growth, expand influence, and equip talent with the tools needed for long-term success, the PNLC represents the future of the industry through the vision, insights, and innovation of its members.

Connecting the Dots: Shiji’s Approach to Seamless Data

Hotel technology can get complicated. If I had to explain why this is to a kid or a golden retriever, I would say it’s because we used the best tools at our disposal at the time, stitching things together as best we could over years or even decades, and then tried to continuously pivot to newer, better systems while keeping the engine running.

Hospitality is not an island

For a long time, accommodation, which evolved into hospitality, was a key component of the travel chain. It was an essential link, certainly, but it came at the end of the transportation chain and served as the starting point for the chain of tourist or business activities. This travel chain created – and still creates – a variety of ecosystems with their specialized actors: transport providers, accommodation providers, receptive agencies, leisure sites, restaurants… Solid by nature, yet often rivals, even antagonistic, when it comes to sharing the value chain.

IDeaS Accelerates Expansion in Saudi Arabia with Elaf Group Partnership

IDeaS, a SAS company and the world’s leading provider of hospitality revenue management software and services, has announced a new partnership with Elaf Group, a leading hotel group in Saudi Arabia, for the implementation of IDeaS’ G3 Revenue Management System across an initial four hotels in the Elaf Group portfolio.

The Land Paradox: How Financial Stress is Creating Tomorrow’s Development Goldmine

Today’s challenging capital environment has created an unexpected opportunity: a surge in land offerings for ground-up hotel and resort development. While sellers may face financial pressures that drive these offerings, buyers confront elevated construction and capital costs that fundamentally reshape land valuations. This dynamic often stems from internal organizational changes that forces land sales yet creates a paradox. With both cost of capital and construction expenses expected to remain elevated, land values have declined significantly from previous peaks.

Introducing Yazz Collective, The Mediterranean’s Chicest Boutique Resort

Set within a private bay in Fethiye, Turkey, Yazz Collective is the Mediterranean’s hottest destination which reopened this year for its third season in May with an additional 16 bungalows, 4 brand new glamping tents, and a new beach restaurant. A retreat in the week that turns up the volume on weekends, the resort boasts an unrivalled location and is only accessible by sea.