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735 posts

Lotte Hotels & Resorts Transfers Management of New York Palace to Highgate, Retains Real Estate Ownership

  • 12 June 2026
🏨 Lotte Hotels & Resorts. Over $1.3 billion. Manhattan flagship. 909-room Lotte New York Palace. Madison Avenue. Highgate. New York investment and management firm. Running the Palace in the next few days. Richard Russo. Highgate principal. Ownership remains with Lotte. Contract is part of broader collaboration. Hotels, distribution, technology, staff training. Americas and Asia. Drive incremental value. Potential new hotels together. Korean company. Own luxury flags at home.
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  • 1 min

Airline Executives Focus on Ancillary Revenue and Geopolitics, with AI Discussion Declining Since 2022

  • 12 June 2026
🛩 Ten major airline groups analyzed earnings calls from Q1 2022 to Q1 2026, covering 17 quarters. Mention of Ancillary & Distribution increased by 190%, Fuel by 76%, and Geopolitics by 55%. Premium & Loyalty rose by 30%, the only increase among the top four topics. AI, despite the hype, is least-discussed, with declining mentions. Focus is shifting to monetizing beyond tickets and managing cost and geopolitical challenges. Analysis by Siddhant Mehra.
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  • 2 min

Complimentary Hotel Management Agreement Reviews Offered to Address Key Contractual Pressure Points and Risks

  • 12 June 2026
🏨 Are you considering a 5% or the full 11-16% royalty fee when underwriting a branded hotel? Over 20 years, working with Aman, Nikki Beach, One&Only, The Luxury Collection, Banyan Tree, and Hilton, it's clear that successful owners invest time negotiating 20–30-year agreements to protect NOI and exit strategies. Key areas include fee structures, approvals, and termination terms. A complimentary agreement review is offered, highlighting risks and aligning incentives. #HotelInvestment #HospitalityStrategy
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  • 2 min

Shiji Upgrades Book&Pay Platform to Enhance Connectivity for 290,000 Hotels, Focuses on China Corporate Travel Demand

  • 12 June 2026
📈 June 12, 2026, Barcelona, Spain - Shiji upgrades its Book&Pay platform, enhancing connectivity for over 290,000 hotel properties and 30 demand channels globally. China, the leading outbound tourism market, is a focus. Book&Pay simplifies operations by facilitating seamless booking services and reducing complexity. It supports cross-border settlements via virtual credit cards, ACH, and bank transfers. Automated workflows and digital invoicing streamline processes for hospitality partners, promoting scalable growth in Greater China.
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  • 1 min

Saladplate Offers Insights and Access to Over 10,000 Brands in Hospitality, Food, and Beverage Sectors

  • 12 June 2026
🍽 Saladplate is the official hub for the Hospitality, Food, and Beverage industry by Informa Markets. It offers weekly news, a monthly newsletter, and a bi-monthly e-magazine. Users gain access to over 10,000 brands and products, exclusive supplier directories, and updates from 35+ international trade events.
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  • 0 min

Germany to Reach €76.3 Billion in Travel Spending in 2025, Leading Europe's Outbound Travel Market

  • 11 June 2026
🌎 Germany's travel spending reached a record €76.3 billion in 2025, marking a 5% increase despite two years of GDP decline and geopolitical challenges. The surge redirected travelers from the Middle East to Southern Europe. Phocuswright's report anticipates a 4% annual growth rate post-conflict stabilization, analyzing growth drivers and potential vulnerabilities for 2026.
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  • 0 min

AAHOA Chairman Emphasizes Practical Innovations for Hoteliers to Enhance Operations and Reduce Costs

  • 11 June 2026
📈 Rahul Patel, AAHOA Chairman for 2026-2027, emphasizes practical innovation for hoteliers. The focus is on solutions enhancing operations and cutting costs, rather than following trends. This approach aims to support the majority of AAHOA members effectively.
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  • 0 min

Hospitality Industry Balances Technological Innovation and Tradition, Says AAHOA President Laura Lee Blake

  • 11 June 2026
🏨 October 2023, hospitality industry: Laura Lee Blake, AAHOA President & CEO, highlights the intersection of technology and tradition. She notes that the industry, evolving since the first roadside inns, now features digitally connected hotels. This transformation parallels the Industrial Revolution's impact, emphasizing innovation to meet current needs. The piece outlines the industry's ongoing adaptation and the balance between embracing new technologies and maintaining traditional values to serve travelers effectively.
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5 Things to Know About AAHOA This June

  • 11 June 2026
By AAHOA Staff Image: NeoLeo/stock.adobe.com The post 5 Things to Know About AAHOA This June appeared first on Today's Hotelier.
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  • 0 min

Dropwater Wins AAHOACON26 Tech Pitch Competition with Innovative Hotel Technology Solution

  • 11 June 2026
💻 AAHOACON26 Tech Pitch Competition crowned a winner at the event held in 2026. Emerging technologies showcased promise to enhance hotel profitability, streamline operations, and improve guest experiences. This annual event highlights innovations driving the hospitality industry forward.
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    Leadership Under Pressure: How The David Kempinski Tel Aviv Turned Crisis Into an Operating Philosophy
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    Cultural Food Deserts: An Overlooked Revenue Opportunity in The Hotel Industry
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    U.S. News Unveils 2026-2027 Best Travel Rewards Rankings; Marriott and United Airlines Top Business Traveler Lists
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