Category: Recent News

Business travel is booming. According to the GBTA’s Business Travel Index Outlook report, business travel spending is projected to reach $1.4 trillion this year and climb to $1.8 trillion by 2027.

Wanderland Think Tank, the research and analytics arm of Wanderland London, released the first ever kids hospitality global report featuring over 150 insights on trends as they relate to what kids and teens care about, how they influence travel decisions and how families want to stay, play and pay.

KKR and Baupost acquire 33 Marriott hotels in the UK from ADIA, Lopesan and Stoneweg acquire Hotel Miguel Angel in Madrid from GMH SPF, Galgorm Collection acquires Roe Park Resort and Galgorm Castle in Northern Ireland, Ginto Hotels and Arnaud family acquire Hôtel Pilgrim Paris – Quartier Latin.

The Grand Hyatt brand, featuring a global portfolio of hotels that celebrate the iconic in small details and magnificent moments, continues to expand its global footprint in key destinations that matter most to guests, World of Hyatt members, customers and owners. Building on the latest openings of Grand Hyatt Deer Valley, Grand Hyatt Barcelona and Grand Hyatt Kuwait Residences, more than 10 new Grand Hyatt hotels are expected to open through 2027 in new markets around the world.

Further advancing UN Tourism’s leading role in these two key pillars of change, the Global Investment and Innovation Forum welcomed Ministers of Tourism, alongside key players from global finance and business. Alongside UN Tourism, the Forum was supported by the Ministry of Commerce, Industry and Tourism of Colombia, ProColombia, Invest in Cartagena and CAF (the Investment Bank for Latin America and the Caribbean). Underscoring the high-level discussions was a recognition of the vital need to increase investment into the sector while at the same time injecting it with new ideas and energy through promoting innovation at every level.

Hyatt Hotels Corporation (NYSE: H) today announced plans for scaled growth of the Hyatt Regency brand on the Balkan Peninsula. Following the brand’s market entries in Croatia and Albania, the latest project in Romania further strengthens the brand’s momentum in the region with five new Hyatt Regency hotels and resorts expected to open by 2027.

IRIS, a global leader in digital F&B, guest directory, and concierge solutions for hotels, is thrilled to announce that The Westin Resort Nusa Dua, Bali has achieved record growth in guest orders and a 30% increase in average guest spend after implementing their mobile ordering and e-compendium platform, outperforming traditional in-person orders.

As we reflect on another year of dedication to sustainable growth and responsible hospitality, I am proud to present our 2023 Sustainability & CSR Report. At Mitsis Group, our commitment to excellence goes hand in hand with our unwavering dedication to sustainability, social responsibility, and ethical governance. This year, we have continued to make significant strides in our efforts to create a positive impact on the environment, empower our communities, and ensure that our guests can travel sustainably.

Countrywide Hotels, a UK-based management and consultancy firm, oversees a portfolio of approximately 30 diverse hotels, ranging from small country house hotels to large, business-focused hotels.

Today at the Resort and Residential Forum, Marriott International (NASDAQ: MAR, “Marriott”) announces its accelerated growth in its branded residential portfolio in the Europe, Middle East & Africa (“EMEA”) region, with 70 projects in the portfolio, including 43 projects in its signed pipeline and 27 open properties.