Market Trends

🌮 From September 15, 2026, to November 24, 2026, Trejo’s Tacos launches a 10-week pop-up at Puttshack Bank in London. The venture showcases Cal-Mex cuisine with dishes like Carnitas and Spicy Shrimp and signature cocktails. Events include a VIP launch and Day of the Dead celebrations. Founded by Danny Trejo, Trejo’s Tacos operates six LA locations. Puttshack combines tech-enabled mini-golf with premium dining and has four UK and 19 US venues.

🏨 July 28, 2026, Portsmouth, NH – Canada’s hotel construction pipeline hits a record with 345 projects totaling 47,874 rooms at Q2 2026, according to Lodging Econometrics. This marks a 4% rise in project counts and a 7% increase in room numbers year-over-year.

🌐 By 2026, online travel bookings are expected to constitute 65% of global travel bookings, up from 61% in 2023, according to Phocuswright. This increase encompasses direct hotel websites, OTAs, and other channels. Consistency in pricing between OTA listings and direct channels helps build trust with guests.

📆 U.S. hotel performance in June 2026 showed positive growth compared to June 2025. Occupancy rose to 69.6% (up 1.6%), ADR increased to $173.76 (up 6.7%), and RevPAR climbed to $120.97 (up 8.4%). San Francisco/San Mateo saw the highest occupancy rise to 80.5% (up 7.9%) and RevPAR to $212.87 (up 31.2%), with ADR growing 21.7% to $264.42. Miami's ADR jumped 23.2% to $218.37, influenced by the World Cup, with 24 of the top 25 markets reporting RevPAR increases.

🏠 Designers Clémence Pirajean and James Lees purchased a 1960s house in Formentera, Spain two years ago. The property is located between a protected natural park and a residential area. Originally a family holiday home and rental, the house underwent renovations to open the ground floor, create interconnected spaces, and provide en suite bathrooms for each bedroom. The design incorporates local materials, retaining original features like vaulted ceilings, embracing the island's natural environment.

🍽 Britain's licensed premises numbered 98,564 by June 2026, according to NIQ's Hospitality Market Monitor. This figure remained stable compared to three months earlier and was only 0.2% lower than June 2025. The second quarter of 2026 showed an improvement from the 0.3% decline observed between January and March, highlighting a balance between the closures and openings of hospitality venues.

📚 André Fu, an interior designer from Hong Kong, has his 15-year career chronicled in a monograph, "André Fu: A Designer’s Vision," released by Assouline on 24 July 2026, priced at £100. The book covers projects like The Upper House and St Regis in Hong Kong, Waldorf Astoria Osaka, and London's Berkeley Hotel Pavilion Suites. It’s divided into three parts, including Heritage Reimagined, and features interviews with collaborators such as chef Daniel Calvert.

🏨 On July 24, 2026, Markus Busch discusses the transformation of hotel wholesalers into giants. Hotelbeds acquired Tourico Holidays and GTA in 2017, forming HBX, now a publicly traded company reaching 250,000 hotels and 60,000 sellers. RateHawk, part of Emerging Travel Group, handled $4.8 billion in bookings last year. Some wholesalers became OTAs, like Booking and Expedia. Hotel operators should reassess their reliance on these large networks, as true independence is rare.