Category: Recent News

Marriott International, Inc. (Nasdaq: MAR) today reported third quarter 2024 results.

Bethesda, Md. | Nov. 5, 2024 – Stayntouch, a global leader in cloud hotel property management systems (PMS), has just unveiled Stayntouch Academy 2.0, an enhanced online product training course with new content, streamlined role-based lesson plans and more efficient content production times.

European business travel spending is projected to reach $391.1 billion USD (360.4 billion euros) in 2024, reflecting a 10.4% increase from 2023. Additionally for this year, Europe is estimated to account for 26.4% of total global business travel spending of $1.48 trillion (1.36 trillion euros).

After approximately four years of touting the intent to eliminate third-party cookies from its popular Chrome browser, Google has reversed course, giving digital marketers an unexpected reprieve. Following multiple delays and a series of lackluster alternatives, the company in July 2024 abandoned plans to deprecate third-party cookies altogether, opting instead to address privacy concerns via enhanced user choice. While the move may be welcome news for advertisers in the short term, momentum in the digital space continues to push us toward a future where third-party cookies have diminishing utility.

An efficient hotel payment solution is the cornerstone of any successful hotel business. It’s critical to a property’s cash flow, operations and guest satisfaction. So, why are so many hoteliers reluctant to embrace modern payment solutions and their many benefits?

Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Centric Malta, marking the exciting debut of the Hyatt Centric brand in Malta. As the seventh Hyatt Centric in Europe, this expansion reflects Hyatt’s accelerated brand presence in countries bordering the Mediterranean, with a portfolio spanning 13 different brands and over 80 properties. Located in the heart of St. Julian’s, the island’s bustling resort town and coastal gem, the hotel is ideally situated for guests to explore the island and its history.

WorldHotels, a dynamic brand within the BWH℠ Hotels portfolio, today announced the development of a new hotel project in the country of Georgia set to open in Kobuleti in 2028. Currently undergoing construction, the new property will represent one of the first projects for WorldHotels in Georgia and debut the first hard-branded property in the EMEA region. Upon its completion, the WorldHotels Kobuleti will bring a first-of-its-kind, five-star beachside vacation and living experience to the destination, offering a full slate of amenities and features.

Sabre Hospitality, a division of Sabre Corporation (NASDAQ: SABR), a leading software and technology provider that powers the global travel industry, today announced the launch of SynXis Insights, an advanced data and analytics tool designed to empower hoteliers with actionable insights to drive decision-making and optimize performance.

Griffin Hotel Management LLC, a hospitality company spanning multiple generations, has merged into Meyer Jabara Hotels. Effective immediately, Griffin will transition 14 assets to the MJH umbrella, and when combined with other deals currently in the 2024 pipeline, the hotel ownership and management company will reach 50 hotels by Q1 2025. Griffin executives James Kirkland and Jay Fishman are taking on new roles at Meyer Jabara Hotels. Kirkland, Griffin CEO, is assuming the role of Senior VP of Operations – Western Region and will oversee that region from Austin, Texas. Fishman, the majority owner of Griffin, will take on a business development role with MJH based out of the Chicago area.

Hotel managers that I speak with, know that the festive period is especially magical for hotel guests and employees. The gala events, unique menus, gifts for guests and decorations can transform a hotel stay into a memorable occasion that can lead to repeat bookings as families and friends establish traditions of visiting a special location each year. As this happens the connections that guests make with each other can add to the loyalty they feel, leading to ritualistic annual pilgrimages to favourite destinations.