TOP NEWS - 10 Minutes News for Hoteliers - Page 61

As Hilton guides down, its CEO remains reassured

🏨 Hilton President & CEO Chris Nassetta highlighted Q1 results with a 2.5% RevPAR increase year-over-year but forecasted a full-year RevPAR between flat to 2% growth. Hilton opened 186 hotels, adding over 20,000 rooms in the quarter, marking a 20% annual increase and 7.2% net unit growth. Approximately 40% of new openings were conversions, half located internationally. The luxury segment contributed 30% to openings, including the 252-room Waldorf Astoria Osaka. The development pipeline featured 503,000 rooms, a 7% rise, with over 32,000 approved in Q1, up 10% year-over-year. Hilton anticipates a 6%-7% net unit growth in 2025 and plans to expand from 24 to 27 brands.

4 min

Strong results across key hospitality groups

🏠 Accor reported 9.2% revenue growth in Q1 2025, reaching €1.349 billion with a RevPAR increase of 5% from 2024; opened 45 new hotels with over 5,900 rooms. Pierre & Vacances - Center Parcs saw a -0.9% decline in economic revenue for H1 2024/2025, yet a 96% occupancy rate in Q2 at mountain resorts and 21.8% rise in Spanish accommodation revenue. CapitaLand Ascott Trust's (CLAS) gross profit grew 4% in Q1 2025, with key growth in the UK, US, and Japan; planning the Somerset Liang Court in Singapore for 2026. Compagnie des Alpes reported an 11.6% revenue increase to €849.5 million in the first half of the 2024/2025 fiscal year, a 5.5% rise in ski lift revenue, and a 32.8% jump in leisure park revenue, including the acquisition of Belantis in Germany.

1 min

Hospitality vs. Lodging: How Real Hospitality Drives Revenue and Profits – Claudia Infante, Margaritaville

🏩 Claudia Infante, Chief Data Officer at Margaritaville, explains the difference between hospitality and lodging on April 29, 2025. Emphasizing the business benefits of investing in genuine hospitality services, she encourages applying the insights to enhance operations and customer experiences.

1 min

The Future of Functional F&B- Insights into Consumer-Driven Innovation

🥕 Saladplate, part of Informa Markets, serves as an official content hub for the Hospitality, Food and Beverage industry. It offers weekly news updates, a monthly newsletter, and a bi-monthly e-magazine, plus access to a supplier directory of over 10,000 brands, and registration for more than 35 international trade events.

13 min

AI: Hotel Commercial Roles Shift from Mundane Tasks to Strategy

🏨 AI revolutionizes the hospitality industry, automating and enhancing tasks in Marketing, Sales, and Revenue Management. AI adoption rates exceed 70% globally, yet up to three-quarters of businesses struggle to scale value from AI investments. The focus shifts from incremental efficiency to strategic transformation, requiring a move from routine tasks to strategic thinking and human skills. The emergence of Integrated Commercial Leaders orchestrates Marketing as Brand Experience Architects, Sales as Strategic Growth Partners, and Revenue Management as Commercial Strategists. The future-ready commercial team relies on a robust Hotel Business Intelligence System and a leadership mindset that views AI as an enabler of human potential.

2 min

ATM 2025 opens with record 55,000 visitors…

🏢 Arabian Travel Market (ATM) 2025 in Dubai expects a record 55,000 attendees from 166 countries, surpassing 47,000 in 2024. Scheduled for 28 April to 1 May at Dubai World Trade Centre, the event will feature over 2,800 exhibitors, a nearly 12% increase from the previous year. 67% of exhibitors are international, with Asia's participation growing by 20%. India's exhibitor presence has risen by 30%. The ATM Travel Tech sector showcases a 23% growth in products, reflecting the US$10.7 billion tech opportunity, focusing on AI's impact on travel and hospitality.

1 min

Marriott has acquired citizenM hotels

🔔 Marriott International, on Apr 29, 2025, announced the acquisition of citizenM, a lifestyle hotel brand with 36 hotels and 8,544 rooms across 20+ cities, plus 3 under construction. Marriott will pay $355 million, with up to $110 million in potential future earn-outs. Post-acquisition, citizenM will join Marriott with new franchise agreements, projecting ~$30 million in annual fees. The deal is expected to drive Marriott's net room growth to nearly 5% in 2025.

3 min

Will citizenM be the Fugazi or the Blink-182 of Hospitality? My Two Cents on the Marriott Acquisition

🏨 Marriott International acquired citizenM hotels for $355 million, with citizenM retaining real estate ownership and joining Marriott's Bonvoy loyalty program. The author reflects on citizenM's unique approach to hospitality, comparing it to the punk rock ethos of Fugazi, fearing that the acquisition might dilute this spirit. He recalls a personal experience at citizenM, highlighting its authenticity, and expresses concern over potentially losing the brand's essence, drawing parallels with BrewDog's perceived shift after selling a stake.

2 min

La Quinta by Wyndham Batumi Opens its Doors

🏕 Wyndham Hotels & Resorts launched La Quinta by Wyndham in Batumi, Georgia, to cater to tourists, business travelers, and digital nomads. Georgia saw 7.4 million international visitors in 2024, a 4.2% year-over-year increase. La Quinta by Wyndham Batumi features 98 rooms, on-site parking, a 24/7 fitness center, wellness center, an international restaurant, and a bar. It's close to attractions like Batumi Beach and Batumi International Airport. The expansion reflects Wyndham's EMEA growth strategy and Georgia's booming tourism.

Accor Q1 offers glimpse of first cracks in global travel demand

🏨 Martine Gerow, CFO of Accor, led the Q1 sales and revenue call in absence of CEO Sébastien Bazin. Accor, which operates predominantly outside the U.S., has 108 hotels in North America out of over 5,500 globally, drawing just 5% of its room revenue from the U.S. In March, U.S. bookings declined by 10%, with larger drops from Europe. Canada, with 27 Accor hotels, showed a trend of locals staying in-country rather than traveling to the U.S. For Q1 2025, Accor reported a RevPAR increase of 5% YOY, with a 13.1% rise in the Americas despite China's negative impact. Accor opened 45 new hotels adding over 5,900 rooms and had a network of 847,290 rooms. The company aims to accelerate net unit growth in the second half of 2025 and expand to 300 hotels in India by 2030, with recent deals including a partnership with InterGlobe and potential management of 17 Royal Holiday Group properties.

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