TOP NEWS - 10 Minutes News for Hoteliers - Page 14

WTTC Recognized China’s Strategic Initiatives Driving Growth in Travel & Tourism

🗺️ Chinese Travel & Tourism, 2025: Harbin hosts the Global Tourism Economy Forum, spotlighting China's key role. WTTC reports the sector's $1.9TN economic contribution and 15.8% growth. Inbound visitor spending projected at $144.1BN, with domestic spending near $968BN. Employment to reach 83.4 million jobs. By 2035, GDP contribution to hit $3.8TN, supporting 103 million jobs. Harbin attracted 90 million visitors last winter, boosting spending to $19BN.

3 min

PwC: Q3 M&A Deal Volume Increased 40 Percent in Hospitality and Leisure Sector

📈 PwC's Hospitality & Leisure: US Deals 2026 Outlook reported a 40% increase in deal volume in Q3 2025 compared to Q1 and Q2. Although deal volumes mirror 2024, average transaction size fell by 55%. Key trends in late 2025 included focus on luxury, digital segments, and gaming. AI integration and data quality are emphasized for 2026. Loyalty ecosystems are now valued as asset classes, with strategic clarity essential for value creation.

7 min

Hotel overbooking: strategies, benefits and risks for hoteliers

📅 In the hotel industry, overbooking strategies involve selling more rooms than available to counter no-shows, cancellations, and early departures. Intentional overbooking, driven by data and forecasting, maximizes occupancy and revenue. Accidental overbooking, often due to operational errors, can harm reputation. Benefits include minimizing revenue loss and achieving full occupancy, while risks involve negative guest experiences and legal issues. Successful strategies require big data, partnerships, and staff training to balance profit and guest satisfaction effectively.

2 min

Atriis announces Travelport launch of…

💻 Atriis and Travelport successfully launched Travelport NDC within the Atriis ecosystem, enhancing corporate travel booking. The integration, now available to all Atriis customers, offers full NDC booking and servicing capabilities, including search, booking, seat selection, and ticketing. This collaboration, involving Atriis, Travelport, and BTP Group, focuses on modernizing airline retailing for corporate travel. Atriis plans further NDC expansion through 2026. Omri Amsalem and Damian Hickey highlight the partnership's innovative impact on corporate travel.

Hospitality is broadening its definition

🏨 Dec 16, 2025, leaders from Airbnb, Marriott, and Casago highlight a shift in hospitality. Hotels, homes, rentals, services, and experiences are converging into a single guest journey, focusing on matching traveler needs with appropriate stays. Brands are reshaping strategies, embracing technology like AI and loyalty systems to enhance experiences, although this expansion risks diluting brand identities. The goal is an interconnected offering, emphasizing services as key experiential components. Explore more at Hotel Investment Today.

2 min

Todd English partners with chef Olivia Ostrow for global kosher hospitality group

🍴 Celebrity chefs Todd English and Olivia Ostrow are launching a global kosher hospitality group under Ostrow Global Inc. 🌍 Debuting December 18 in Miami at Maison Ostrow, the project includes restaurants in Miami, New York, Tel Aviv, Dubai, Paris, and London. The first dinner supports Sharsheret, aiding Jewish women facing cancer. The brand aims to elevate kosher cuisine globally, with future expansion plans for a French-English kosher brasserie in New York City. 🍽️

2 min

VSR Announces Partnership With MeetingPackage

📱 In December 2025, in Auburn, California, VSR and MeetingPackage launched an integration to enhance meetings and events reservations. MeetingPackage now uses VSR's VAIA Conversational AI Assistant to enable direct, 24/7 voice communication for inquiries, event details, and requests in multiple languages, without human intervention. The system can even automate quote generation for customers. The collaboration aims to increase revenue and reduce costs by centralizing sales processes and incorporating advanced voice workflows.

CHTA Highlights the Biggest Takeaways from CHIEF 2025, Signaling a New Era for Caribbean Hospitality

🏝️ Barbados hosted the 2025 Caribbean Hospitality Industry Exchange Forum (CHIEF), highlighting strategies reshaping Caribbean hospitality. CHIEF 2026 is set for November 16–18, 2026. The forum emphasized climate resilience as a business priority, smart sourcing to cut costs, and the acceleration of digital transformation. AI and cybersecurity are crucial, with technology enhancing operations while maintaining personal touches. Embracing community-focused, cultural experiences, and innovative workforce strategies like a four-day workweek are key for future competitiveness.

2 min

Skift Global Forum East 2025: 9 Takeaways for the Future of Travel

🗺 The 2025 Skift Global Forum East was held in the Middle East, highlighting the region's influence in global tourism. Leaders discussed the Middle East's role as a travel hub, driven by increased air connectivity and high-spending visitors. Key topics included luxury travel growth, short-term rentals, and AI's impact on trip planning. Skift partnered with Abu Dhabi's Department of Tourism and Culture to deliver insights. 🏙️

8 min

Encapsulating the Barefoot Luxury Trend at Casa Yuma in Puerto Escondido

🏖 Casa Yuma, a 25-key boutique resort, opened in March 2024 along Los Naranjos beach, near Puerto Escondido, Mexico. This resort embraces "barefoot luxury," emphasizing authenticity and nature. Founded by Tim de Belloy, Camille Lambert, and Sara Skalli, Casa Yuma highlights local culture and sustainability. The property was meticulously crafted using local materials like Chukum and Oaxacan brick. The hotel emphasizes meaningful experiences, contributing positively to the regional economy and environment.

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