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b.courtin

106 posts

Radisson Hotel Group Plans to Expand to 500 Hotels in India by 2030 and Strengthen African Presence

🏨 China has over 260 operational Radisson hotels, while India aims to expand to 500 hotels by 2030. In Africa, Radisson has 100 hotels, with a focus on Nigeria (13 hotels) and South Africa. Conversions added 15 hotels (3,000 rooms) in five years. Sustainability efforts include a Verified Net Zero hotel in South Africa. Radisson operates in 30+ African countries, with plans for expansion in Zanzibar, Namibia, Botswana, and Zambia.
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OpenAI Launches Self-Service Advertising on ChatGPT in the U.S. with Minimum Daily Budget of $25

📲 OpenAI's advertising program for ChatGPT launched in the U.S. this year. Initially targeting OTAs with a $200,000 minimum budget, it opened in June to independent hoteliers with a $25 daily budget. Ads have a 1.6%-1.9% click-through rate, better than traditional ones, at $3.50 per click. Engagement is over 20%, versus 66%-70% for organic results. Current ad format requires a square image, 50-character headline, and 100-character text. Expansion beyond the U.S. remains pending.
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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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Oyo Surges to First Place in Global Hotel Brand Ranking with 221.6% Room Growth in 2026

🏨 Room inventory surged from 12.5 million to 13.6 million rooms—a 1.1 million room increase (8.9%). The Top 10 brands hold nearly 25% of global rooms. Oyo jumped from 15th to 1st, adding 389,248 rooms (+221.6%), representing over 73% of Top 10 growth and more than a third of the entire 200-brand increase. 36 new entries emerged, many from Chinese economy brands. RedDoorz and Super 8 experienced room count declines.
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Asian Hotel Groups Lead Global Growth with Significant Ranking Shifts in 2026 Top 200 List

🏨 Global hotel groups in 2026 boast nearly 11 million rooms across 116,000 properties, with the Top 10 contributing over 60% of room growth. Room supply expanded by 8.5% globally, adding 1.4 million rooms. Asian groups, led by Prism (formerly OYO) and H World (formerly Huazhu), are driving growth, particularly in China. Tian Rui Hotel Corp entered the Top 20. Qianna Hotels climbed 204 places, while Sunmei lost 28,700 rooms.
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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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