Category: Recent News

The need to offer value for money is becoming more pressing as delegate rates increase, according to BVA BDRC’s Venue Verdict study for Q2 2024.

From its history and processing to creative recipes and storage tips: discover everything you need to know about matcha and learn why it’s becoming increasingly popular around the globe.

Once considered relatively niche, the luxury segment of the hospitality industry has exploded in recent years, with rising global wealth and increasing desire for personalized and immersive experiences driving the interest. In 2023, the international luxury hospitality industry was valued at USD 140.28 billion. And it’s expected to grow to USD 154.32 billion in 2024 and USD 369.36 billion by 2032, representing a compound annual growth rate of 11.5%.

[Paris: 24 September 2024] – Mews, the industry-leading hospitality cloud, now powers over 1,000 properties across France. The milestone makes France the country with the highest number of Mews customers, highlighting the nation’s appetite for digital transformation and modern hotel management software.

Mercure Hotels, a brand synonymous with local discovery and exploration, has reached a historic milestone with the opening of its 1,000th hotel. Having celebrated its 50th anniversary in 2023, the brand is more popular among hotel owners than ever before, with strong growth momentum around the world. Notably, nearly 30 Mercure hotels were opened in Greater China this year, bringing the brand’s footprint to over 180 hotels in the region. Mercure has also doubled its presence in Japan, with the recent opening of 11 Mercure hotels across the country.

The wellness market is booming, having grown from $4.9 trillion in 2019 to $5.6 trillion in 2022. As consumer preferences shift towards holistic health and recharging, hotel owners have an unprecedented opportunity to capitalize on this trend. By integrating wellness-focused amenities and services into their properties, owners can enhance guest experiences and loyalty, differentiate themselves in a competitive market, and drive significant revenue growth.

Tourism has committed to embrace its unique role as a pillar of peace and understanding. On World Tourism Day 2024, UN Tourism brought sector leaders from every global region together around a common vision and commitment to building a “peace-sensitive sector”, recognizing its potential to build bridges and foster understanding.

The World Travel & Tourism Council (WTTC), in collaboration with the Kingdom of Saudi Arabia’s Ministry of Tourism, today launched a new report revealing the stark impact of the pandemic on woman and youth employment within the global Travel & Tourism sector.

In the week ending 21 September 2024, U.S. hotels saw revenue per available room (RevPAR) rise 2.5% with the bulk of the increase coming from average daily rate (ADR), up 2.0%. More than 60% of the industry’s weekly demand gain came from the Top 25 Markets, where RevPAR increased 3.1% on a slightly higher gain in ADR (+1.9%) than occupancy (+1.2%). RevPAR in all other markets also grew (+2%) via ADR. Industry occupancy increased to 68.9%, the first time above 68% since early-August.

Ever noticed how a good night’s sleep can make or break a trip? Well, the savviest hotels sure have. They’re not just fluffing pillows anymore; they’re pulling out all the stops, using the latest tech to ensure you get those much-needed Zs.