Group, business transient shine at Hyatt
There is a sea change afoot in the hotel industry and it washed up into Hyatt Hotels Corp.’s second quarter. Leisure transient business, which undergirded the hospitality industry in the…
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Hilton debuts Graduate Hotels near Princeton University
Graduate by Hilton, the university-anchored hotel brand recently acquired by Hilton, has arrived in Princeton, N.J. with the opening of Graduate Princeton. Located on Nassau Street in the downtown, the…
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Hotels figured out they were leaving money on the table. Enter the paying non-guest.
Hotels are finding new ways to generate revenue and it’s coming from customers without a room reservation. A growing number of properties are aiming to entice non-guests, usually local residents,…
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Hotel construction pipeline touches new high in China
Hotel construction pipeline touched record numbers in the second quarter. The country’s pipeline increased 4% by projects and 3% rooms YOY to close the quarter at 3,815 projects with 699,786…
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Blackstone acquires majority stake in tech company M3
Blackstone has acquired a stake in M3, the hospitality accounting software. In a statement, M3 said it has inked an agreement for a majority investment from Blackstone Growth and affiliated…
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Higher-end hotels are thriving. It’s the lower-end that is worrisome.
The rich get richer and the poor get poorer. It’s a bit reductive to employ the aphorism to describe the current state of the hotel industry, sure, but it’s not…
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Wyndham debuts Trademark Collection in South Korea
Wyndham Hotels & Resorts has launched its Trademark Collection brand in South Korea with the opening of La Vie D’or Hotel and Resort, Trademark Collection by Wyndham. The brand expands…
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How technology can help hotels drive wellness tourism
Wellness tourism, focused on enhancing physical, mental, and spiritual well-being, has grown in popularity globally, reflecting an increased societal focus on health-conscious travel experiences. The pressures of modern life, such…
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citizenM opens its third location in Miami
citizenM has expanded its footprint in Miami and opened its third location in the city. citizenM Miami South Beach is located close to the retail and restaurants of Lincoln Road…
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Former Four Seasons president tapped as new CEO of Auberge Resorts
Christian Clerc, who served as global president of Four Seasons Hotels and Resorts between 2016 and 2022 and later chaired DuPont Registry Group, a high-end automotive marketplace, will succeed Craig…
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