LATEST NEWS

Coastal Hotel Owners Can Tap Into USD 67 Billion Marine Excursion Market Growing at 12-14% Annually

🌊 Ten years ago, the hospitality sector saw branded residences capture a 15-25% premium. Now, the USD 67 billion marine excursion economy, growing at 12-14% annually, offers a similar opportunity. Coastal hotels, owning land and locations, often miss this adjacent market. Marine activities, comprising 8-14% of guest spend, are largely untapped by hotels. Globally, marine activities like boat tours (28%) and diving (22%) thrive, suggesting hotel owners should capitalize on this…

Innovation

AI in Hotels Expected to Bring Incremental Improvements, Similar to Airbnb’s Impact on Hospitality

🏨 Uber revolutionized taxis with significant improvements and cost-effectiveness. Airbnb enhanced family and group travel experiences, adding lodging supply without drastically changing the hotel industry. AI in hotels will mirror Airbnb's incremental changes, enhancing guest experiences gradually without a major breakthrough. The most notable shift will be the rapid development of new features by tech companies. Hotels face mainly physical and emotional challenges, not software…

Mergers & Acquisitions

Hotel Operations


Hotel Openings