U.S. Hotels State of the Union May 2025 Edition

CBRE reduces 2025 GDP growth outlook to 1.4% from 2.4%. Following a 0.3% Q1 2025 GDP decline, CBRE cut its 2025 GDP outlook by 100bps and reduced its 2026 growth forecast to 1.7% from 2.4%. Inflation is expected to rise from 2.5% to 2.9% in 2025 and from 2.7% to 3.6% in 2026.

Expedia Launches Industry-First Feature That Turns Instagram Reels into Bookable Travel Itineraries

Expedia® today announced Expedia® Trip Matching, a first-of-its-kind feature that allows travelers to seamlessly build an itinerary based on an Instagram Reel and then book directly on Expedia. Travelers can share any publicly available travel-related Reel—whether from content creators they follow or trending posts—directly with Expedia and receive customized itineraries, destination ideas, and travel tips based on the video. Powered by AI, this new experience transforms inspiration into real-world travel plans, making it easier than ever to book travel directly from Instagram.

Customer Spotlight: Holiday Inn Cleveland-Mayfield

Tucked just outside downtown Cleveland, Holiday Inn Cleveland-Mayfield serves both corporate and leisure travelers with modern amenities, a full-service restaurant, and event space. As part of the IHG family, the hotel prides itself on combining comfort with efficiency – something that extends to its back-office operations, including revenue management.

Eurovision 2025 in Basel: Boosting Music Tourism and Hospitality

For some, the Eurovision Song Contest is just another TV show on a Saturday night, but for many, it is THE event of the year! To countless viewers, it’s the Olympics of music – a moment to share with friends and family, and to root for your favorite entry. For some lucky die-hard fans, it’s even time to travel to Basel, as the live broadcast is staged in front of a large, enthusiastic audience. As such, the Eurovision Song Contest represents a unique opportunity for the city’s hospitality sector to showcase its offerings on a global stage. Beyond the spectacle, Eurovision is a prime example of – a growing travel trend where fans journey to experience live music events. Let’s review how such a cultural event can drive “event tourism” to Basel and impact the city’s international attractiveness.