LATEST NEWS

Madrid Hotels Struggle with 70% Occupancy Despite Formula 1 Weekend and 69.6% ADR Increase to €485

🏁 During the Madrid Formula 1 weekend, hoteliers faced inventory issues despite a 69.6% increase in ADR from €286 to €485. Despite 350,000 spectators, hotel occupancy stalled at 70% due to inventory custody issues. Flight searches surged from the UK, France, South Korea, and Uruguay. Hotels faced problems with room allocations and late release of unsold rooms. Lessons for future events: focus on inventory control alongside demand metrics.

Innovation

Close-up of a smart door lock on a wooden hotel room door, with a bright, celebratory figure in the blurred hotel room beyond.

G6 Hospitality Announces Partnership With FBI to Combat Human Trafficking

This article was written by Lodging Magazine. Click here to read the original article DALLAS, Texas—G6 Hospitality, parent company of the Motel 6 and Studio 6 brands, announced a nationwide partnership with the Federal Bureau of Investigation (FBI) to strengthen efforts to combat human trafficking across its hotel network. The partnership will focus on technology-driven prevention, intelligence sharing, employee and franchisee training, and closer collaboration with law enforcement…

Mergers & Acquisitions

Hotel Operations


Hotel Openings