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2832 posts

Amex GBT Preferred: Sharp decline in hotel participation

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  • 21 March 2025
🏨 Amex GBT's Preferred Extras program saw a 43.3% decline in hotel participation, from 60,000 properties in 2023 to 34,000 in 2024, suggesting a significant strategic shift or supplier pullback. The precise reason for this reduction reported on March 21, 2025, remains unclear without further details from the full story at The Beat.
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Hospitality 2025: Rethinking labor in the age of AI

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  • 21 March 2025
🏨 On Mar 21, 2025, ITB 2025 and Unifocus discussed the transformation of the hospitality workforce, driven by AI, automation, labor costs, and employee expectations. Key insights: AI is elevating productivity rather than replacing jobs; flexible scheduling and better working conditions are vital; automation is a financial necessity to manage costs; the human touch remains crucial in hospitality; adoption will vary regionally; strategic technology integration is key for enhancing employee and guest experiences. More details at Unifocus.
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The new path to hotel profitability

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  • 21 March 2025
📈 On Mar 21, 2025, the hospitality industry is shifting focus from Net Unit Growth (NUG) to Net Revenue Growth (NRG) due to high borrowing costs, inflation, labor shortages, evolving travel preferences seeking meaningful experiences, and regulatory challenges. NRG strategies include dynamic pricing, increasing direct bookings, revenue diversification (e.g., spa, F&B), operational efficiency through AI and supply chain optimization, strategic partnerships, and sustainability to drive brand loyalty.
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2025 State of Independent Lodging Report

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  • 20 March 2025
📖 2025 State of Independent Lodging Report analyzes global independent lodging industry trends, performance, and strategies for optimization. The report draws from nearly 40 million bookings across 150 countries between 2022 and 2024. Branded hotels represent 72% in the U.S., 59% in Asia Pacific, and 38% in Central and South America, with higher rates in the development pipeline. Independent hotels in 2025 must focus on optimizing marketing, revenue management, operations, and guest experience amidst high costs, price-sensitive travelers, and labor issues.
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The future of food and well-being in hospitality

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  • 20 March 2025
🍕 On March 20, 2025, the EHL Group published a Food and Well-Being Trend Report highlighting the importance of integrating well-being into hospitality food offerings. Key points include food's role in mental health, community, and environmental sustainability, a consumer shift towards healthier and transparent food options, the hospitality industry's influence on well-being through innovative practices, and the necessity of tackling misinformation, inequality in access to food, and sustainable sourcing. Access the full report at EHL for strategies and insights.
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Amex GBT integrates hotel marketplace into Concur Travel

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  • 20 March 2025
💳 On March 20, 2025, American Express Global Business Travel integrated with Concur Travel's new solution, offering business travelers access to over two million properties across 180 countries and AI-optimized travel management. Customers benefit from competitive rates, including deals from Expedia and Booking.com, and a simplified booking process, potentially transforming corporate hotel bookings.
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UAE’s online travel market: A competitive battleground for OTAs

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  • 20 March 2025
🏨 The UAE's hotel market is valued at $2.9 billion, with 44% ($1.276 billion) derived from online channels. Online Travel Agencies (OTAs) represent a $940 million sector, where Booking.com leads with a 54% share. The OTA hotel market is expected to grow at a CAGR of 11.1%, hitting $1.4 billion by 2028. Other key players include Agoda (18% share) and Expedia (21% share, $195 million GBV). The UAE's strategic location and digital adoption are pivotal for OTA market growth. (VIDEC study, Mar 20, 2025).
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Lady Gaga sends hotels searches crazy

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  • 20 March 2025
🎤 The American pop icon's return to Singapore in May 2025, her first in 13 years and sole Asian stop, sparked a 14% increase in Singapore hotel searches, with APAC travelers leading and the UK ranking 4th. Australian fans' searches rose about 14% from 2024, while Singaporeans saw a near 10% uptick in local demand for accommodations.
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From skepticism to surge: The hotel tech investment boom

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  • 20 March 2025
🏨 On Mar 20, 2025, investments in hospitality technology surged, with vertical SaaS leading the transformation. AI-powered automation received funding: Canary Technologies ($50M), Lighthouse ($370M), Reeco ($15M), and Thynk.ai. Digital guest experience ventures like Virdee ($12.4M), Hotelverse ($6.3M), Bookboost (€3.6M), and Turneo (€2M) gained investors. RoomPriceGenie ($75M) and Duetto's acquisition by GrowthCurve Capital marked revenue management strides. Mews ($75M), Hotel Engine ($140M), and Inn-Flow ($45M) enhanced back-office integration.
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French scientist denied U.S. entry over anti-Trump messages

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  • 20 March 2025
🤔 French scientist denied U.S. entry on March 9, 2025, after phone search revealed messages critical of Trump administration while en route to Houston conference. U.S. officials cited “hateful and conspiratorial messages”; an FBI investigation was mentioned but charges dropped. France’s research minister, Philippe Baptiste, denounced the incident, advocating for academic freedom and inviting American scientists to France.
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