LATEST NEWS

Global Hospitality Sector Reaches USD 5 Trillion, Shifts to Asset-Light Models for Strategic Agility and Expansion

📈 The global hospitality sector has hit a $5 trillion valuation with a growth rate of 5.5% to 6.5%. By 2026, asset-light models dominate, focusing on intellectual property rather than real estate. Hilton launched "Undergraduate by Hilton" in 2026, targeting 400-500 properties. Hyatt integrated The Standard into its loyalty program, while IHG scaled Ruby Hotels. Marriott expanded using the tech-focused citizenM model. Acquisitions occurred in 2024-2025, with Hilton acquiring…

Innovation

Agilysys Expands Technology Ecosystem at Angel of the Winds Casino, Boosting Bookings and Improving Guest Experience

🚀 September 22, 2026, Arlington, WA: Angel of the Winds Casino Resort upgraded its tech with Agilysys. The resort, featuring a 125-room hotel, 6 restaurants, and 5 bars, saw increased bookings and reduced check-in lines via self-service kiosks. Agilysys' systems enhanced guest experience by supporting F&B orders from anywhere, with improved POS speed and efficiency. Staff training required just one day, and guests can now view six months of availability online.

Mergers & Acquisitions

Hotel Operations

Environment, Regulatory and CSR

Business Travel Confidence Reaches 63% in September 2026, Up from 41% in April, Reports GBTA Poll

📈 Business travel confidence surged in 2026, with 63% of professionals optimistic about 2027, up from 41% in April. European optimism rose from 21% to 55%. Expenditure predictions improved, with 56% of buyers expecting increased travel spend. In Asia Pacific and Europe, business growth drives travel, while North America focuses on client meetings. The GBTA poll, conducted from…

Hotel Openings