Automatic - 10 Minutes News for Hoteliers - Page 74

4 min

The Digital Edge: How Prop-Tech Can Maximize Extended Stay Profitability

🏨 With a projected 9.35% CAGR from 2025-2030, the extended-stay hotel market is expanding, with room construction up 8% in 2024. Natural disasters like the North Carolina flood affecting over 200,000 people and the California fire that destroyed 11,000 homes have surged temporary housing demand. To maintain affordability and maximize profitability, operators turn to prop-tech for efficient service. Energy management solutions, virtual concierge services, robust Wi-Fi, and remote management are key prop-tech investments for cost-saving and quality service without increasing staff.

4 min

Bridging the Hospitality Talent Gap: Rethinking Recruitment, Training and Culture

🏨 The hospitality industry faces the challenge of building and retaining a strong workforce, exacerbated by the COVID-19 pandemic. The workforce now prioritizes work-life balance and purposeful careers, with a shift from aspiring for VP-level roles to general manager positions. Recruitment focuses on personal connections, with technology aiding but not replacing the need for genuine interactions. A robust onboarding program and continuous learning opportunities are crucial for retention. Company culture plays a key role in employee engagement and retention, especially in hospitality where long hours and high-pressure situations are common. Patti, with six years in hospitality and hotel HR, emphasizes recruitment as relationship-building and joined Concord Hospitality in 2019 to support its expansion.

4 min

Sabre Sells Hospitality Solutions Business Unit to TPG for $1.1B

💸 TPG to acquire Sabre's Hospitality Solutions for $1.1 billion in cash, with net proceeds of approximately $960 million for Sabre to pay down debt. This strategic move follows debt refinancings in December 2024 and April 2025 debt maturities repayment. The transaction, approved by Sabre's Board, is expected to close by end of Q3 2025, subject to regulatory approvals. Haynes Boone served as legal advisor, with the deal announced on April 28, 2025. Hospitality Solutions serves over 40% of leading hotel brands globally.

2 min

Game-Changing Trends That Will Reshape Restaurant POS Systems

📊 POS software vendors are innovating with AI-driven tools for predictive analytics, inventory, staffing, and personalization. CBS NorthStar, Tray, Clover, Qu, Toshiba, and GK Software highlight the importance of flexibility, cloud-based solutions, data security, and system integration for 2025. 26% of guests want personalized loyalty communications according to HT's 2024 study, while Toshiba and Tray focus on real-time personalization for revenue and satisfaction. Voice AI is set to simplify drive-thru operations, says HungerRush.

3 min

Sabre Sells Hospitality Solutions business Unit to TPG for $1.1 billion

💰 Sabre Corporation is selling its Hospitality Solutions business to TPG for $1.1 billion in cash. TPG will invest through its TPG Capital private equity platform. The SaaS platform serves over 40% of the world's leading hotel brands. Sabre's net proceeds of approximately $960 million will primarily pay down debt. Following the December 2024 debt refinancing and April 2025 debt repayment, Sabre aims to optimize its portfolio and target a net leverage of 2.5x to 3.5x. The deal, expected to close by end of Q3 2025, is approved by Sabre's Board and does not require financing conditions.

Hotel La Compañia Del Valle, Part of the Unbound Collection by Hyatt, Now Open in Panama’s Valle De Antón

🏠 In Chicago, Illinois, on April 28, 2025, Hyatt Hotels Corporation and Shebandowan Holdings launched Hotel La Compañía del Valle in Panama's Valle de Antón, featuring 40 open guestrooms, with 30 more by May 2025. The luxury hotel, sitting 2,000 feet above sea level in an extinct volcano crater, is part of The Unbound Collection. It boasts a unique art and wellness focus, including a sculpture park with over 200 art pieces and the Elysium Spa, an 18,000 sq. ft. facility opening in May. The hotel offers 70 rooms, on-site restaurants with diverse culinary concepts, and over 11,000 square feet of event space.

Aleph Hospitality Expands Presence in Ghana With the Signing of A Second Hotel

🏨 In Dubai on April 28, 2025, Aleph Hospitality plans to manage The Address in Accra, Ghana, slated for a 2026 opening. The Address, owned by DevtracoPlus, will feature 121 rooms and suites, and amenities like a restaurant and bar. Aleph Hospitality's growth is supported by over 60% of hotel owners reinvesting. The Address is near Kotoka Airport and Accra Mall, with Accra expecting two million visitors annually and peak season occupancy rates between 70-80%.

Ihcl Signs With Hotel Pearl Dunes for Ginger Hotel in Calicut, Kerala

🏨 India's largest hospitality company, IHCL, announced a partnership with Mr. KM Abdul Latheef for a new Ginger hotel in Calicut, Kerala, on April 28, 2025. The 100-key Ginger Calicut City Center will be a greenfield project featuring amenities such as an all-day-diner, banquet facilities, meeting rooms, a fitness centre, and a swimming pool. This marks IHCL's second hotel in Calicut and expands their portfolio to 20 hotels in Kerala, including four under development.

2 min

Hotel Tech Start-up SelfServe Launches BETA Platform

🌏 LG Electronics received the MindClick Sustainability Assessment Program (MSAP) “Leader” rating for environmental sustainability for the 10th consecutive year during Earth Week 2025. LG’s hotel TVs, digital signage displays, and computer monitors were recognized for their sustainable content, carbon impact reduction, sustainable material usage, and packaging waste reduction. MSAP, which evaluates suppliers' product lifecycles for sustainability, rates participants as Starter, Achiever, or Leader and has expanded beyond Marriott International to include brands like Fairmont, Four Seasons, Hilton, Hyatt, and Sonesta. Metrics measured include energy, water, waste, indoor air quality, recyclability, and responsible supply chain practices.

2 min

Hotel Tech Start-up SelfServe Launches BETA Platform

🌱 LG Electronics recognized for environmental sustainability excellence, earning MindClick Sustainability Assessment Program (MSAP) “Leader” rating for 10th year during Earth Week 2025. LG's hotel TVs, digital signage displays, and monitors praised for reducing carbon impact, sustainable materials, and less packaging waste. MSAP evaluates suppliers to the hospitality industry on product lifecycle sustainability, including Marriott, Fairmont, and Hilton, among others, measuring carbon footprint, sustainable materials, recyclability, and chemical safety.

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