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b.courtin

82 posts
Hotel room with a low wooden bed, white linens and a beige throw, gray chair, small round table, and a lit bedside lamp by a framed photo on a shelf.
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Minor Hotels Reports 3% Revenue Increase to THB 66.2 Billion Despite 4% Profit Decline in H1 2026

💰 First-half growth: Europe & Americas region RevPAR up 5%, Thailand up 6%, Asia & Indian Ocean up 10%. Revenue rose by 3% to THB 66.2 billion (€1.74bn), EBITDA up 2% to THB 10.9 billion (€286m), core profit fell 4% to THB 2.2 billion (€58m). Minor Hotels opened 11 new hotels with 1,167 keys, expanded into Slovenia and Croatia, and launched the Minor Vacation Club. CEO Dillip Rajakarier highlights disciplined growth amid geopolitical and market challenges.
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Group of ten adults in business casual clothes posing in a line outside a dark stone storefront on a sunny day.
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IHG Records 6% Revenue Increase and Plans 2,400 New Hotels in Three-Year Pipeline Amid Strong Global Demand

🏨 IHG's CEO Elie Maalouf announced a +4.1% RevPAR growth in the first half of 2026, with an earnings per share increase of 13%. Nearly 200 hotels opened, contributing to a 5% net system growth in a global portfolio of 7,100 hotels. The pipeline now includes 2,400 hotels, with 352 signings planned. Revenue hit $2,650 million (+6%), and the shareholder program aims for $1.2 billion in returns. The asset-light model boosts profitability.
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Three colleagues—an older couple and a younger man in a blue shirt and tie—review documents on a white table with a laptop nearby in a bright office.
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Mews Secures Dutch Central Bank License to Launch Financial Services for Hotels Across EEA by 2026

💰 As CEO Richard Valtr explains, Mews has obtained a significant license from the Dutch central bank, enabling it to process payments directly within its hospitality management system. In 2025, Mews acquired DataChat and Atomize, supporting its platform expansion strategy, buoyed by a $300 million funding round. Starting in late 2026, Mews will implement regulated financial services, starting in the Netherlands and gradually expanding across the EEA, aiming to streamline hotel financial operations.
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Airbnb's Hotel Segment Grows Three Times Faster Than Home Rentals, Reports $6.28 Billion Revenue in H1 2023

💸 Airbnb's hotel initiative is thriving, growing three times faster than its home-rental segment, despite making up less than 10% of bookings. CEO Brian Chesky highlights a 35% return rate from first-time hotel guests booking homes later. The first half of the year saw $6.28 billion in revenue, a 127% increase, with 300 million bookings. Complementary services like Airbnb Experiences and car rentals show strong growth, while luggage storage also surprises.
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InterGlobe Hotels Merger Approved by Indian Authority to Consolidate 1,800 Rooms Across Six Companies and Brands

🏨 InterGlobe Hotels and Accor's restructuring was authorized by India's competition authority, facilitating their merger with six hotel companies, including AAPC India Hotel Management and Techpark Hotels. This consolidation brings 1,800 rooms under brands like Pullman and Novotel. Although the merger aims to streamline management of Ibis properties, InterGlobe continues seeking partnerships to meet its target of 300 Ibis and Mercure hotels by 2030. A deal with Treebo failed, impacting expected franchise growth.
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Global Business Travel Spending to Reach $1.71 Trillion in 2026, Despite Slower Trip Growth Rates

🛫 Global business travel spending is projected to hit $1.71 trillion by 2026, a 7.2% increase driven by rising transport and travel costs. Business trips will exceed 1.84 billion, up 1.3%. Growth is sustained by strong business investment, though geopolitical uncertainty affects aviation and trade. Asia and Europe lead with around 600 million trips each. By May 2026, 74% of business travelers reported stable or increased travel, notably in Asia Pacific. Global GDP is expected to slow to 2.9% in 2026.
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Aerial view of a harbor with numerous boats, a wide curved white building, and a stone breakwater along turquoise water with a hillside town behind.
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Arsenale Group Secures Financing for 2026-2030 Plan, Expands Luxury Train and Hotel Projects Globally

💰 In 2023, Arsenale Group secured financing linked to the 3-month Euribor plus a 7% margin, listed on the Vienna Stock Exchange. It fuels Arsenale's 2026-2030 plan, including a buyback from Oaktree Capital. Key projects include luxury hotels in Italy and luxury trains like La Dolce Vita in Italy, Dream of the Desert in Saudi Arabia, and Samarkand Express in Uzbekistan. Last year, Arsenale acquired Golden Eagle Luxury Trains Ltd.
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Resort by the sea with a wooden deck, lounge chairs, and a thatched-roof building overlooking a pool.
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Radisson Launches Long-Stay Program with Structured Pricing for B2B Partners in Key EMEA and APAC Markets

🏨 Radisson Hotel Group launched a new long-stay proposition for B2B partners, offering tiered pricing and standardized booking conditions. This initiative targets EMEA and APAC markets with high long-stay demand, such as Dubai, Riyadh, Zurich, and Amsterdam. Partners receive an extra 20% points bonus on bookings. The initiative aims to simplify access, optimize revenue, and strengthen partner relationships through commercial terms and personalized guest experiences.
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Amadeus Reports 5.1% Revenue Growth in H1 2026, Reaches €3.3 Billion Amidst Geopolitical Challenges

📈 H1 2026, Amadeus reported a 5.1% revenue increase to €3,334.9 million, with a net profit of €700 million. Revenue sources included Air IT Solutions (€1,206 million, +8.7%), GDS Air Distribution (€1,584 million, +1.1%), and Hospitality & Other Solutions (€544 million, +9.2%). CEO Luis Maroto highlighted strategic AI partnerships, including with Google, and ongoing projects like replacing Accor's TARS system with a new central reservation system for 5,600 hotels.
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Upscale Hotels Lead June RevPAR Growth at 3.44%, Economy Shows Strongest Growth at 3.78% Across Europe

📈 Upscale hotels led with a RevPAR growth of +3.44%, fueled by a 1.95% rise in ADR and near 81% occupancy. Midscale hotels posted a RevPAR of €112.48 (+3.14%) with an occupancy of 80.10% (+1.25 pts). Economy hotels saw a 3.78% RevPAR rise with a 79.46% occupancy (+1.74 pts). Super-Economy trailed with a +2.01% RevPAR growth. Hungary topped the panel with a +4.06 pts occupancy increase and +5.69% rate growth.
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