Category: Recent News

Six Senses has received the highest level of certification by Control Union – a certification body accredited by the Global Sustainable Tourism Council. Six Senses properties* underwent an extensive audit by Control Union to verify their efforts in sustainability planning, reducing negative environmental impacts, enhancing cultural heritage, and maximizing social and economic benefits for surrounding communities.

In an era where we need our sustainability efforts to make a real, tangible impact, carbon pricing is overdue for an overhaul. Organizations can integrate carbon pricing into their business strategy to make economic growth compatible with climate action.

The Kimpton Santo Hotel, the recently opened luxury hotel in downtown San Antonio, Texas, has partnered with the global mobile ordering experts at IRIS to provide guests and staff with an innovative digital ordering platform that enhances efficiencies and guest experience.

Transaction volumes in the UK hotel real estate market reached c. £1.8 billion in the last quarter of 2024, a remarkable 176% increase against the same period in 2023. The rise in Q4 was driven largely by the reported £900 million sale of ADIA’s Marriott hotel portfolio to KKR’s Amante Capital and Baupost, single-asset transactions in London as well as Edinburgh, and smaller sales across the UK regions.

Aimbridge Hospitality, a leading, global hotel management company and the world’s largest third-party hotel operator, today announced that it has entered into a Restructuring Support Agreement with overwhelming support from its first and second lien lenders and its existing sponsor that would right-size the Company’s capital structure by converting more than $1.1 billion in debt to equity, and infuse $100 million in new capital, significantly strengthening the Company’s financial position.

A total of 715 deals comprising mergers and acquisitions, private equity, and venture financing deals were announced in the travel and tourism sector globally during 2024, which represented a year-on-year decline of 4.3% compared to 747 deals announced during the previous year, according to GlobalData, a leading data and analytics company.

In the dynamic world of hospitality, where every decision influences the bottom line, comp sets—or competitor sets—play a pivotal role in benchmarking and profit intelligence. The right comp set doesn’t just offer data; it delivers context, enabling hotel operators to make informed decisions that optimize operations and boost profitability.

As we move into a new year, it could be time to take the plunge and move across the world to a dream destination! According to our annual Travel Predictions research, 57%* of travelers have said that they’d vacation in a holiday home property so they can experience living in a destination before potentially moving there. Staying in a home property offers those comforts of space and quiet time, and allows travelers to experience a destination like a local, getting to know the transport links and local amenities. With that, we have delved into the most liveable destinations outlined by the Global Liveable Index, spotlighting the places that might be worth the move.

Radisson Blu Hotel, Bengaluru Outer Ring Road is the first hotel in Radisson Hotel Group’s global portfolio to be awarded the prestigious LEED Net Zero Carbon Certificate by the US Green Building Council.

U.S. hotel revenue per available room (RevPAR) hit the skids in the week ending 11 January 2025, falling 13.2% year over year after a 14.9% gain in the week prior. Declines were seen in both occupancy and average daily rate (ADR), which can be attributed to a holiday hangover. Unlike last year, this week was the first full week back to work and school after the holidays and like normal, it was a slow travel week as people got back to their normal routines.