HotelRunner triumphs as the “Best Large Technology Supplier” at the Travolution Awards

HotelRunner, the trailblazing platform for travel and hospitality technologies, has been named the “Best Large Technology Supplier” at the Travolution Awards 2024 in the United Kingdom. Selected by the esteemed Travolution Awards jury, this recognition underscores HotelRunner’s commitment to innovation and excellence, driving the travel industry forward with data-driven, AI-powered solutions.

All Eyes on 2025: New Openings Around the World, from Mexico to Cyprus

From Istanbul’s bustling Beyoğlu district to the pristine shorelines of Mexico’s Pacific coast to the beating heart of Cyprus, both new and beloved destinations are beckoning travelers in search of community. With an eye on 2025, we’ve selected a list of places where travelers can come together at brand-new hotels to join inspired conversations, forge new relationships with cherished cities, and discover both historic and contemporary architectural gems.

Competition vs Cooperation: What Are the Downsides of Banking Regulation?

In this article, we discuss moral hazard and regulatory measures, such as capital requirements, to stave off a banking crisis. We then introduce a model we have developed where we analyze the trade-off between competition to attract depositors and cooperation to enhance liquidity. We evaluate different policy tools with the objective of promoting financial stability.

The Latest in Travel Roundup – Expert Insights to help Hotels Thrive in 2025!

For GuestCentric’s Latest in Travel podcast series in 2024, I had the privilege to engage with various experts across the travel, hospitality, and tech sectors, uncovering critical insights for the industry’s future. Drawing from their deep operational experience and technology expertise, these professionals highlighted opportunities for advancements that can elevate service quality, boost efficiency, and drive growth in the hotel sector. Below are the most impactful takeaways from the interviews conducted, outlining strategies to help hotels flourish in 2025 and beyond.

UN Tourism Launches Global Artificial Intelligence Challenge

The Global Artificial Intelligence Challenge will support projects that are leveraging digital technologies to enhance tourism, promote sustainability, and drive economic growth. Participants are encouraged to address digital transformation, sustainability, inclusivity, and digital governance across key areas, including branding and marketing; smart destinations and deep technologies; scalable education solutions; and efficiency in operations. Through these categories, the initiative seeks to foster innovation that elevates destination appeal, optimizes resource management, and creates intelligent, impactful tourism experiences.

The Alliance launches Universal Sustainability KPIs at COP29: marking a new era for climate action in hospitality

In a landmark session at COP29, the World Sustainable Hospitality Alliance (the Alliance) introduced its Universal Sustainability Key Performance Indicators (KPIs) during the first-ever joint session of Tourism Ministers and the COP Presidency. This initiative, part of the COP29 Declaration on Enhanced Climate Action in Tourism, marks a transformative step for the hospitality industry, underscoring its pivotal role in addressing global climate challenges, enhancing economic sustainability, and driving sustainable consumer choices.