Categorizing…

This article was written by HospitalityOn. Click here to read the original article A strategic issue now Marriott International’s partnership with Lefay is a clear market signal. Marriott will bring…

The freehold of Bron Eifion Country House Hotel in Criccieth, North Wales, has been brought to market at a guide price of £1.7m.  It comes as the current owners of…

Frasers Hospitality, a business unit of Frasers Property, has announced plans to open 18 new serviced and hotel residences across Asia by 2028, reinforcing its focus on serviced living in the region. The expansion pipeline is anchored by a new Fraser Suites flagship in Bangkok, set to open in the second half of 2026. The property will mark the next phase of the Fraser Suites brand and strengthen Frasers Hospitality’s presence in a key regional gateway city. Demand for serviced residences across Asia continues to be supported by increased cross border mobility, longer average stays and evolving work‑travel patterns. In 2025, Frasers Hospitality recorded continued growth in corporate bookings across the region, reflecting demand for accommodation that supports extended and more flexible living arrangements. Our focus is on expanding Frasers Hospitality’s serviced living portfolio in a disciplined and deliberate way, prioritising markets and formats where demand for longer-stay accommodation is strengthening structurally. Asia continues to present these opportunities as travel and work patterns evolve. Our strategy centres on investing in assets and brands that are designed for extended living, are operationally resilient and remain relevant across market cycles. Ms Eu Chin Fen, Chief Executive Officer, Frasers Hospitality Expanding regional pipeline Frasers Hospitality has secured six new signings across Malaysia, Indonesia, Vietnam, China and Japan, further strengthening its development pipeline in key Asian markets. Two of these properties are expected to commence operations this year, contributing to a total of seven new serviced and hotel residences scheduled to open across Asia this year. Fraser Suites Bangkok: Flagship and brand evolution The new Fraser Suites Bangkok will debut the refreshed Fraser Suites brand, introducing curated, experience-led programming designed for a more refined and personable approach to long-stay serviced living. The brand refresh will focus on functional design that supports residents’ daily routines, alongside serviced standards tailored for extended stays. Located within the top ten floors of a 45-storey premium office tower integrated with the 160,000 sqm One Bangkok Retail development in the heart of the city, the 261-room property is positioned within Bangkok’s central business and lifestyle district. The residences will offer personalised service, contemporary Thai-inspired design, two dining venues and curated wellness offerings, alongside layouts designed for comfort and practicality. The flagship property is scheduled to open in Q4 2026. Deepening presence in Southeast Asia In Southeast Asia, Frasers Hospitality will further strengthen its presence with two additions in Malaysia by Q2 2026 and open its fourth property in Vietnam. In Malaysia, Capri by Fraser, Penang will offer 248 rooms and communal spaces designed for independent, experience-focused travellers. The property will be located near the UNESCO-listed George Town. Fraser Residence Putrajaya will provide 283 serviced apartments with family oriented facilities that include a games room and children’s playroom, and a stunning waterfront view of Putrajaya Lake. In Vietnam, Fraser Residence Hinode City, Hanoi will open by the end of 2026, introducing 401 residences within a mixed-use development on the city’s fringe. A short drive from the Old Town, residents will enjoy

Marriott International, Inc. (Nasdaq: MAR) reinforced its long-term commitment to Greece with the announcement of nine deal signings comprising nearly 1,000 rooms, including the market entry of two brands - Residence Inn by Marriott and Le Méridien. The signings are expected to further enhance the company’s footprint in the country where it currently has a portfolio of 47 properties and over 6,000 rooms across 10 brands and 12 markets. As one of the world’s most desirable leisure destinations, Greece continues to offer significant opportunities for Marriott to expand its footprint across its islands, coastal regions, and urban centres. These new signings reflect the strong confidence owners and franchisees place in Marriott and underscore the sustained demand for our diverse and inspiring portfolio of brands in the Greek market. Jerome Briet, Chief Development Officer, Europe, Middle East & Africa, Marriott International The announcement of the new projects further diversifies and strengthens Marriott’s presence in key leisure, resort and urban locations throughout the country. Growth plans include the anticipated debut of Residence Inn by Marriott and Le Méridien in the country. Extending the company’s presence in capital, the signing of the 57-room Residence Inn by Marriott Athens caters to the growing demand for longer stay accommodation in the city centre. Expected to open in 2027, the 229-room Le Méridien Sissi Crete will bring the brand’s European-born, culture-forward positioning to the Cretan coast. Expansion plans for Crete also include the announcement of the 314-room Milatos Marriott Resort Crete, which is anticipated to open in 2028. The resort is poised to bring contemporary hospitality and elevated guest experiences to the northern coast of the island. Tribute Portfolio is slated to open its second hotel on the island in 2026 with the 40-room The Tenant, Heraklion Crete, a Tribute Portfolio Hotel . In Paros, Orosea, Paros, Autograph Collection is poised to join the brand’s global collection of independent hotels in 2026 with 40 rooms. The company plans to further strengthen its luxury footprint in the country following the signing of Hymnos, a Luxury Collection Resort & Spa, Zakynthos . The 94-room resort located on Bouka Beach is slated to open in 2026, offering an immersive island escape rooted in local heritage and natural beauty. In 2025, Marriott also signed and opened the 20-room Tella Thera, a Member of Design Hotels , and the 20-room Stamna Sifnos, a Member of Design Hotels , expanding the company’s curated lifestyle and design‑led offerings across the islands. The company also signed the 41-key Eréma, a Member of Design Hotels in Milos which is expected to open this year. Greece is currently home to 10 brands within Marriott Bonvoy, each serving differentiated experiences across traveler segments. The brands currently present in the country include The Luxury Collection, W Hotels, and JW Marriott, in the luxury segment; Marriott Hotels, Sheraton Hotels & Resorts, Westin Hotels & Resorts, Tribute Portfolio, Autograph Collection and Design Hotels in the premium segment; and Moxy Hotels in the select service segment.

ARLINGTON, Va. – U.S. hotel performance showed positive year over year comparisons, according to February 2026 data from CoStar , a leading global provider of online real estate marketplaces, information, and analytics in the property markets. February 2026 (percentage change from February 2025): Occupancy: 60.4% (+2.3%) Average daily rate (ADR): US$162.58 (+2.0%) Revenue per available room (RevPAR): US$98.28 (+4.3%) Among the Top 25 Markets, San Francisco reported the highest increases across the three key performance metrics: occupancy (+17.8% to 72.4%), ADR (+28.1% to US$274.69) and RevPAR (+51.0% to US$198.99). The market’s performance was helped by Super Bowl LX. Last year’s Super Bowl host, New Orleans , registered the steepest declines in ADR (-33.7% to US$204.95) and RevPAR (-35.5% to US$136.00). Boston saw the largest drop in occupancy (-7.8% to 58.0%). For more information about the company and its products and services, please visit www.costargroup.com . Additional Performance Data CoStar’s world-leading hotel performance sample comprises 94,000 properties and 12 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

Every company has it, and it is at risk of being eaten by AI. Boring growth for Airbnb. Travel planning is #1 use of AI in Europe. Social Media’s Tobacco…

Sydney, Australia – Hotel bookings for the 2026 Easter holiday have risen by an average of 12% across six key European markets compared to last year’s Easter period, according to new data from SiteMinder, the world’s leading hotel guest acquisition and revenue platform. SiteMinder’s analysis focuses on six of Europe’s most Easter-centric travel markets: Spain, France, Portugal, Italy, Germany and the United Kingdom, which traditionally see a large share of local and regional travel concentrated around the holiday period. The platform’s data shows that room nights booked across these markets are up 18.3% year-on-year, with travellers booking closer to arrival, staying longer and cancelling less. Southern Europe leads growth, with France, Spain and Italy out in front Southern European destinations are driving much of this year’s increase. France, Spain and Italy are all recording double-digit growth in bookings, with stays in each market also running longer than last year. France has recorded a 19.5% increase in Easter bookings and a 16.4% rise in average length of stay, up to 2.2 days on average. Spain has seen bookings grow by 17.69%, with stays up to 2.43 days on average (+2.53%), while Italy has bookings up 17.06% and stays 6.21%, reaching 1.88 days on average. Elsewhere in Europe, Germany shows more moderate growth, with bookings up 5.22%. The UK remains broadly stable year-on-year, with volumes holding but average stay lengths edging longer. Fewer cancellations and a shorter booking window Travellers are also changing how they book. Across the six markets, the average booking window has shortened from 71.3 days to 66 days, a 7.09% decline measured 17 days prior to the Easter weekend in both years. Later bookings are proving more committed, however, with cancellation volumes falling by 4.84% on average. Muted rate movement across a compressed trading period The average daily rate (ADR) across the six markets is steady, edging down by just 0.06% on average, though this masks differing strategies by country. Italy has secured rates 5.2% higher year-on-year, while Spain has achieved a modest 1.6% increase. Germany (-2.7%), Portugal (-2.5%) and the UK (-1.3%) have each eased prices, pointing to a continued focus on competitiveness and volume in those markets. Even though this Easter falls earlier in the calendar, travellers are still prioritising time away, especially in Southern Europe’s traditionally Easter-centric destinations. This is playing out in a more unsettled global environment, where travellers are booking with less advance notice and adjusting their plans on the move, yet that uncertainty appears to be fuelling their desire to travel rather than holding them back, which aligns with what we highlighted in our latest Changing Traveller Report. For hoteliers across Europe, strong booking intent and fewer cancellations are encouraging signals. With travellers leaving decisions later, however, staying visible to both domestic and international guests and continuously optimising pricing has never been more important. James Bishop, VP of Ecosystem and Strategic Partnerships at SiteMinder About the data SiteMinder’s analysis is based on aggregated and anonymised data from hotels using its platform across

As a leader in hospitality, you know that the food service supply chain is no longer simply about purchasing products at the right price anymore. With rising volatility, tighter traceability requirements, and growing operational complexity, sourcing decisions now directly affect profitability, staff pressure, and guest satisfaction. While these pressures are likely to be felt daily, their structural causes are often less visible. Together, they point to a broader shift in how food service supply chains function and to a tougher question for operators: how do you protect margins, maintain quality, and stay in control as expectations rise? What Is The Food Service Supply Chain, and Why Does It Matter for Hospitality? The food service supply chain spans the full chain from production and processing to distribution, kitchen execution, and guest service. Typically, it includes farming and fishing, processing, distribution, storage, purchase, kitchen operations, and service. The foodservice industry relies on this chain every single day, leaving little room for disruption, because each step adds costs, risks, and dependencies. Disruption at any point in the chain can affect day-to-day operations, especially where products are perishable, and inventory buffers are limited. Compared to other industries, this complexity makes it more difficult for hospitality operators to simultaneously manage food cost, availability, quality, and supplier reliability. Restaurants and hotels typically operate under conditions that further increase this challenge, including: Limited storage capacity, which reduces the ability to stock large quantities of products. Fluctuating occupancy levels, making demand difficult to predict and stabilize. Strict quality and freshness expectations, especially for perishable food items. Low tolerance for inventory buffers, meaning they cannot rely on large stocks to absorb supply disruptions. Nevertheless, the service must continue no matter the external conditions, even with a supply chain as complex as in foodservice. Why Is the Food Supply Chain Becoming More Complex? Food costs are rising faster than overall inflation , deliveries are becoming increasingly unpredictable, and sustainability standards are adding administrative complexities: a result of a bigger structural change in the global food system. Even before supply chains became as globalized and efficiency-driven as they are today, many operators relied more heavily on closer supplier relationships and more predictable logistics, which made disruptions easier to identify and fix. Today, however, the same efficiency-driven structures make supply chains more vulnerable: when disruptions occur, there is little buffer, limited visibility, and less flexibility to react. Several shifts explain why food service supply chains are becoming harder to manage: 1. Globalization: Supply Chains Have Grown Beyond Direct Visibility Globalization has made food service supply chains longer and more multi-tiered, reducing visibility beyond direct suppliers and making disruptions harder to predict and manage. Daily operations can easily be disrupted by climate events, geopolitical tensions, or trade restrictions. The impact is particularly strong in foodservice, where many products are perishable and cannot be stockpiled to absorb supply shocks. These structural shifts are also reflected in an analysis of sustainable supply and value chains, which shows how global dependencies increase risk exposure for hospitality

The Retail & Hospitality Information Sharing and Analysis Center (RH-ISAC) and IANS today announced the release of the 2026 CISO Benchmark Report , providing a comprehensive look at how cybersecurity leaders across the retail and hospitality sectors are navigating economic pressure, evolving threats, and the rapid rise of artificial intelligence (AI). The 8th edition of the Retail & Hospitality ISAC CISO Benchmark Report, produced in collaboration with IANS, features insights from more than 200 industry CISOs on budgets, staffing, and the impact of AI. Based on insights from more than 200 Chief Information Security Officers (CISOs) who work in the retail and hospitality industry, the report reveals that while cybersecurity budgets and staffing remain relatively stable, AI has emerged as the most significant new challenge and opportunity facing security teams. AI Becomes the Leading Source of Friction This year, AI tops the list of friction points for CISOs, ahead of ransomware and phishing. Seventy-one percent of respondents identified AI as a primary concern, citing risks such as data leakage, insider misuse, and insufficient governance controls. At the same time, organizations are increasingly integrating AI into their security operations, particularly for threat detection, analysis, and reporting. Despite these advances, CISOs emphasized that AI is compounding, not replacing, existing threats, adding complexity to an already demanding cybersecurity landscape. Incremental Budget Growth Reflects Economic Reality The report shows that cybersecurity budgets are growing modestly rather than undergoing a major transformation. In 2025, security spending increased from 0.57% to 0.75% of revenue, while IT spending rose from 3.2% to 3.9%. Looking ahead, 54% of CISOs expect budget increases in 2026, though most anticipate only incremental gains. Notably, nearly 90% of CISOs expect spending on AI-related security initiatives to rise, often through reallocating existing budgets rather than adding new funds. Staffing Remains Stable as Efficiency Takes Priority Security team sizes are expected to remain largely unchanged in 2026, with organizations prioritizing efficiency over expansion. While 35% of CISOs plan to increase full-time staff, most expect to maintain current headcount and leverage AI to enhance productivity. Contractor roles may see reductions, particularly in larger enterprises. Expanding Role of the CISO The report highlights the continued evolution of the CISO role, with responsibilities expanding beyond traditional security functions into areas such as AI governance, product security, and business risk management. Seventy percent of CISOs reported that AI has been added to their scope of responsibility. At the same time, structural challenges, such as competing IT priorities and budget constraints, remain the top barriers to executing security initiatives. Download a copy of the report here.

This article was written by HospitalityOn. Click here to read the original article The conversion of the St. Thomas Augustinian Monastery into a luxury hotel in Prague in 2009 was…