Market Trends - 10 Minutes News for Hoteliers - Page 59

2 min

Skift and Mews Report Highlights Shift From Room-Based Performance to Guest-Centric Measures

📈 Skift and Mews's 2025 report in New York highlights a shift in hospitality from room-focused metrics to guest-centric ones like Revenue per Available Guest (RevPAG). Ennismore generates over 60% of revenue from non-room sources. Mews platform saw a rise in non-room bookings from 1,179 to 2,223 hotels between 2024 and 2025, with reservations increasing over 230%. Technology, such as AI tools, enables tailored services, enhancing guest experiences and boosting long-term growth.

2 min

Grand Hyatt Singapore Digitizes In-Room Dining with Shiji

📱 Grand Hyatt Singapore's in-room dining underwent a major digital transformation with Stellaris Digital Dine, improving efficiency by routing 90%+ of orders digitally. This shift has saved approximately $3,600 in monthly labor costs and nearly eliminated errors, reducing mistakes from 5-10% to near zero. Menu updates now take 2-3 hours instead of three weeks, with 58% of dining revenue (July 2024–June 2025) from digital orders. The initiative supports sustainability by eliminating printed menus.

3 min

Why I’m on Social Media in the First Place

📅 Columbia, Missouri hosted the 3-day Main Street Summit & Capital Camp, attracting over 1,200 founders, investors, artists, and athletes. The event featured talks on business insights and personal values, including those by Tim Tebow. Sessions were across downtown venues like cinemas and theaters. Key insights included the need for real connection, the shift towards analog experiences, and the importance of taste in business. Next, Waco prepares for its Homestead Fair, expecting up to 20,000 attendees.

The new map of travel demand

📰 Nov 10, 2025, travel executives anticipate a shift in 2026, driven by luxury growth and experiential trends. Affluent travelers boost demand despite a K-shaped economy, while middle-income groups cut back. Luxury redefined prioritizes uncrowded, sustainable destinations like Greenland and Bhutan. Cruise bookings surge for 2026, appealing to younger, first-time cruisers. Emerging destinations include Saudi Arabia’s Red Sea, Malta, and Tenerife. Travelers crave "sportscations" and slow travel, seeking cultural immersion and experience over material status.

European business travel shows strong growth ahead

🗺 European business travel is forecasted to hit €441.6 billion by 2028, showcasing resilience amid economic challenges. In 2026, spending will grow 8.2% to €389.9 billion. Western Europe, led by Germany, UK, France, Italy, Spain, and the Netherlands, will dominate with 88% of spending. Business trips average €850.7, with the UK at €1,305. Rail travel is chosen by 38% of travelers. Also, 83% see travel as essential for objectives, yet remain cautious about AI in bookings.

13 min

How Hotels Are Protecting Profit in 2025 (Despite a 15% Revenue Miss) – Lindsey Goedeker & Sarah McCay Tams, Actabl [Sponsor Bonus]

📈 Actabl's webinar discussed the hotel industry's performance in H1 2025, revealing a 15% miss on the budgeted RevPAR of over $123, with actuals at $105. Despite this, operators maintained profitability with a minimal 0.2% change in GOP margin, thanks to agile labor management. Notably, resorts reduced housekeeping labor costs to $110 per occupied room, saving $300,000 annually. The upcoming Q3 report, releasing on November 13, will further explore these trends with metrics showing declines: Rooms revenue down 12%, ADR 4% below budget.

6 min

A Bright Spot in 2025: F&B Revenues Rise Amid Overall Slowdown in Hotel Performance

📈 In 2025, U.S. hotel room revenue rose by just 0.8% in H1, with RevPAR growth expected at 0.1%. F&B revenue per occupied room surged by 3.8%, driven by luxury and resort hotels. Convention hotels saw a banquet revenue drop of 7.3%, while it rose 8.7% at resorts. Beverage revenue dipped, with mocktails gaining popularity. F&B profit margins increased to 29.1% from 28.7%. Labor costs (59.4%) led F&B expenses, with a 2.1% rise, while other expenses jumped 17.3%.

November digital issue of HOTELS Magazine now available

📖 HOTELS Magazine's November 2025 issue features Barry Sternlicht as Corporate Hotelier of the Year and Luca Virgilio as General Manager of the Year at The Dorchester, London. Explore new hotel brands, MML Hospitality's edge success, and the sustainable AC Hotel Savannah Historic District design. Exclusive Q&As with YOTEL CEO Phil Andreopoulos and Accor's Alix Boulnois reveal future plans. Industry insights on luxury services and tech trends are also highlighted.

1 min

The supplier shift powering Latin America’s travel growth

🌎 In 2024, Latin America's travel sector generated US$67.9 billion in gross bookings, slightly below 2023 levels. However, bookings are projected to grow 17% in 2025, reaching a record $79.2 billion. Key markets include Mexico, Brazil, Colombia, Chile, and Argentina. The region's suppliers, including airlines and hotels, are evolving to become more connected and competitive, adapting to macro and political volatility. This trend is set to shape the future of travel growth in Latin America.

1 min

U.S. hotel industry loses $31 million per day as shutdown stalls travel

🏨 Nov 6, 2025 — The U.S. hotel industry is heavily impacted by the federal government shutdown. It’s losing $31 million daily, with total losses at $650 million. Over 30 hotel associations urge Congress to restore operations, as declining traveler confidence leads to cancellations. Small hotels face severe financial risks. The industry, supporting 2.1 million direct jobs and contributing $894 billion to GDP, deeply affects local economies, restaurants, and tourism.

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