LATEST NEWS

H World Group Plans to Expand to Over 20,000 Properties in 2,000 Cities by 2030

🏨 By 2030, H World Group aims to nearly double its properties from 12,000 to over 20,000 across roughly 2,000 cities in China. Last year, they reached 1 million rooms across 19 countries. The company's growth strategy targets tier three, four, and lower-tier cities, driven by the demand from “new Chinese travelers” seeking unique experiences, as highlighted by Jihong He, CSO of the Shanghai-based company.

Innovation

RateGain Partners with Razorpay to Enhance Payment Solutions for Global Travel and Hospitality Brands

💳 On April 2, 2026, RateGain Travel Technologies partnered with Razorpay in Noida, India, integrating Razorpay’s payment capabilities into RG Pay. This alliance aims to enhance global travel bookings by offering preferred payment options, like UPI and cards, reducing checkout friction and improving booking rates. RateGain, founded in 2004, supports over 13,000 customers across 160 countries, working with major hotels, airlines, and car rental companies to boost revenue and…

Mergers & Acquisitions

Hotel Operations

Environment, Regulatory and CSR

Accor and Hilton Join UN Initiative to Reduce Hotel Food Waste, Addressing 3% of Global Waste Impact

🍴 United Nations event, attended by Accor, Hilton, and others, launched the Recipe for Change pledge to reduce food waste. Despite serving only 0.5% of meals globally, hotels contribute 1% of food-related emissions and 3% of food waste, as highlighted in a 2024 report. Untracked food costs are significant, with up to 15% of hotel food purchases going unconsumed. Operators will…

Hotel Openings