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Market Trends

1413 posts

Hospitality market trends and data: analysis, figures and insights to understand where the hotel industry is heading.

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  • 2 min

5 key findings on how American travelers shop and book air

  • phocuswright.com
  • 1 January 2025
✈ 65% of U.S. travelers flew in the past year, a decrease from 68% the previous year. Age differences emerge in travel planning, with 18-34 year olds more likely to use social media for transportation decisions than those 55+. Direct online booking is preferred by older travelers, while under-55s opt for OTAs. Cost concerns may affect future air travel decisions. Key themes include the role of social media and booking channels in travel, performance of air loyalty programs, and consumer sentiment on future air travel. Data reflects travel up to July 2024.
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  • 2 min

2024 Highlights & Learnings + Why I’m Excited for 2025 – Josiah Mackenzie

  • Josiah Mackenzie
  • 31 December 2024
🏢 On December 31, 2024, the "2024 Highlights & Learnings + Why I'm Excited for 2025" episode, featuring Josiah Mackenzie, was released. Key segments include "Intro" at 00:00, "Highlights" starting at 02:00, "Lessons Learned" at 19:02, and "Looking Ahead" beginning at 24:31. The podcast is available on Apple Podcasts and Spotify, among other platforms. Featured episodes cover various hospitality topics from industry leaders. Hospitality Daily Podcast is known for offering insights to delight people, make money, and thrive daily.
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Reuben Brothers Acquire W South Beach from Tricap and Rfr

  • Tony Loeb
  • 31 December 2024
🏦 USA, Miami Beach, Florida—Reuben Brothers acquired W South Beach for over $400 million on December 31, 2024, expanding their US hospitality portfolio. Tricap and RFR, who developed the property in 2004, opened it in 2009 with 348 units. Advisor Jeffrey Davis of Eastdil Secured facilitated the sale. The Reuben Brothers also have stakes in Florida’s Chesterfield, soon The Vineta, and JW Marriott Miami Turnberry Resort & Spa, with a recent $300 million renovation. They are developing Esencia in Puerto Rico, a $2.6 billion luxury community with conservation efforts, amenities, and over 2,000 local jobs anticipated.
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Ennismore and Twg Partner to Bring 21c Museum Hotels to Indianapolis

  • Tony Loeb
  • 30 December 2024
📍 In Indianapolis, Indiana, Ennismore and TWG announced the signing of the 21c Museum Hotel, set to open in 2028. The hotel will feature 156 rooms, a 24/7 contemporary art museum with 16,000 sqft of gallery space, and three food and beverage destinations. The project includes the revival of the historic Old City Hall and 8,000 sqft of retail space, situated along the Indianapolis Cultural Trail. 21c Museum Hotels currently operates eight locations in the United States.
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  • 3 min

Ménard Dworkind combines bold yellows with muted tones in Montreal restaurant

  • Kate Mazade
  • 29 December 2024
🎉 Montreal-based studio Ménard Dworkind designed the interior for Le Red Tiger, a Vietnamese restaurant in Montreal's Shop Angus district, accommodating over 100 guests. The restaurant's second location features a lively spirit reminiscent of its original 2015 establishment in the Village neighbourhood. The design includes blue and white mosaic tile floors with yellow accents, exposed chrome ductwork, vintage touches, an open kitchen, and a community table made from British Columbia fir. The space utilizes multiple types of seating and strong accent colours, characteristic of Ménard Dworkind's restaurant designs.
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  • 3 min

Holloway Li incorporates local craft heritage into Poznań hotel redesign

  • Gabriella Wong
  • 28 December 2024
🏡 Holloway Li reimagined the Puro hotel in Poznań, Poland to integrate natural materials, contemporary furnishings, and locally sourced art, creating "a layering of history". The redesign highlights Poznań's cultural and craft heritage, with the hotel first opening in 2014. The reception features a desk of burnt red glazed tiles on limestone, a rug inspired by Old Market Square, and a brass partition linking to early 20th-century high-speed trains. The lounge includes T4 armchairs from Holloway Li and Fogia's sofas. The guest rooms showcase a green datum with timber beading and gradient shower glass inspired by Polish glassware. Suites have limestone tables and fabric headboards with green-tiled bathrooms. The hotel's curated art collection highlights local artists, many from Poznań University. Holloway Li, founded by Alex Holloway and Na Li in 2018, has also designed spaces with a 1970s flair. Photography by PION Studio.
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  • 2 min

What I’ve Learned Building a Career in Luxury Hotel Leadership – Guillaume Benezech

  • Josiah Mackenzie
  • 27 December 2024
🏦 Guillaume Benezech, Senior Director of Global Brand Management and Marketing for The Ritz-Carlton and Ritz-Carlton Reserve, discussed his luxury hospitality career, leadership style, and career transitions on Dec. 27, 2024. The episode included a State of Hotel Industry Survey link for insights on hospitality challenges, priorities, and opportunities. Music for the show was produced by Clay Bassford of Bespoke Sound: Music Identity Design for Hospitality Brands.
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  • 2 min

Brintons launches first commercial carpet collection with the V&A

  • Megan Carley
  • 26 December 2024
🏠 Brintons, a heritage carpet brand, launched the Design Discoveries carpet collection in collaboration with the V&A in November 2024, inspired by French artist Emile-Allain Séguy's work. Available for commercial clients, the collection features six designs, with customization options through Brintons Design Studio Online. Jodie Hatton and Amelia Calver highlighted the collection's modern reinterpretation of Séguy's Art Deco style and natural motifs, designed by Brintons' global team.
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  • 3 min

The top 10 hotels of 2024

  • Gabriella Wong
  • 26 December 2024
🏨 In 2024, Dezeen featured hotels including a 12th-century monastery in Italy's Umbria transformed by Archiloop into a boutique hotel, and Tokyo's Hotel Rakuragu by Kooo Architects, built on a mere 83.5 square meters. Casa Yuma by TAAC and Sara Skalli in Mexico showcased chukum for sustainable design. Palazzo Talia in Italy, renovated by Studiolucaguadagnino, combined historic and modern elements. More Architecture's Floating Hotel in China offered nature-immersed stays, while Studio Gang's Populus in Denver, USA, claimed to be the first carbon-positive hotel. Nicemakers refreshed a century-old Swiss chalet, The Brecon, with mid-century modern touches. Manna in Greece, by K-Studio and Monogon, transformed an abandoned sanatorium into a wellness retreat. Policronica crafted Paris' Hotel Elysée Montmartre with locally-sourced eucalyptus wood. Lastly, Rosewood São Paulo in Brazil by Jean Nouvel with Philippe Starck interiors, boasted a 25-story lattice-covered tower with Brazilian materials and integrated nature.
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  • 2 min

Carlowrie Castle announces new venture to redefine luxury hospitality, opening doors to exclusive Scottish residences

  • Megan Carley
  • 24 December 2024
🏠 Carlowrie Residences, launching in 2025, will extend Carlowrie Castle's luxury hospitality to private homes across Scotland, offering bespoke services including Michelin-trained chef-prepared meals and personalized itineraries. With Scotland's tourism on the rise, this venture by Andrew Marshall, CEO of Carlowrie Castle, promises to enhance the travel experience and local economy. Carlowrie Castle, part of the Carlowrie Group employing over 350 people, became the first castle globally to earn B Corp certification in 2024 and has been highly acclaimed internationally.
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