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Skift Take: CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group. Sean O'Neill Read the Complete Story On Skift
It expects more M&A, too, as brands seek other ways to grow besides constructing new properties. Skift Take: Hotel broker JLL sees global hotel transactions jumping at least 15% this year. Sean O'Neill Read the Complete Story On Skift
Skift Take: With hotel brands making major strides in customer ownership, it is time to start anticipating when direct bookings will outpace third-party sites. Pranavi Agarwal and Seth Borko Read the Complete Story On Skift
Skift Take: Hilton's latest results suggest travelers aren't hitting the brakes yet. The hotel giant maintained its optimistic outlook despite lingering economic uncertainties, particularly in the vital business travel segment. Sean O'Neill Read the Complete Story On Skift
Rolling forecasts are nothing new but I must point out that most hotels don’t use them, and they really should. To start out we need to define how we produce a rolling forecast and point out the best practices around its creation. Without the budget we can’t have a rolling forecast. That’s the part the rolling forecast plays.
The companies with the largest hotel development forecasts were Marriott and Hilton, and the types of properties proving popular says a lot about their strategic directions. Skift Take: Hotel execs gathered this week to compare the sizes of their hotel pipelines. Sean O'Neill Read the Complete Story On Skift
hotel forecast Second-quarter slowdown and macroeconomic headwinds weigh on RevPAR outlook, with modest recovery expected in the second half of the year Jun 12, 2025 Consulting firm PwC has revised its 2025 U.S. hotel performance forecast downward, citing economic uncertainty, geopolitical tensions, and a soft second quarter.
At Q3, brand conversion activity also reached an all-time-high project count with 1,247 projects/120,912 rooms. Combined with renovation activity of 722 projects/141,136 rooms, the total renovation and brand conversion pipeline in the U.S. stands at 1,969 projects/262,048 rooms. supply increase. supply increase.
While big brands remain powerful in the Australian market, Axsia HTL claims they are growing fast and are “too stretched to provide the necessary support” to ensure each hotel is reaching its potential. “Ask They realise they need the brand and distribution strength but also the autonomy to create and execute their own strategy.
For this 2025 trend forecast, Hotel Designs caught up with Rose Campbell, Head of Design and Marketing at Newmor, to find out more about her highly anticipated annual trend prediction, which explores five striking design trendsExpressionist, Earthenware, Tequila Sunrise, Fair Isle, and Dark Decadence.
Luxury travel demand surged in 2023 and continues to rise and with Savills forecasting a 52.8 CHICAGO—Hyatt Hotels Corporation showed during ILTM Cannes a pipeline of over 50 luxury and lifestyle hotels set to open worldwide by 2026.
TFE Hotels has signed a multi-property management agreement with New Zealand’s Heritage Hotels, which will see half of the Heritage portfolio refurbished and rebranded under the Adina and Rendezvous brands. As our New Zealand hotels continue to forecast robust revenue growth for the year ahead.”
Duetto has launched GameTime, a streamlined revenue management system (RMS) designed specifically for select-service and limited-service hotel brands. GameTime brings together rate optimization, enterprise pricing, forecasting and performance tracking in one streamlined platform. “We
IHG’s development momentum follows a successful 2023 that saw more than 150* openings and more than 300 signings worldwide for its midscale brands, and reflects a commitment to strategic expansion, proven expertise, and brand and enterprise investments.
AI’s rapid growth can help hospitality brands analyze complex data to make more informed decisions, advance forecasting, increase revenue, and more. Throughout the industry, hotel brands are increasingly using AI to help elevate operations—from enhancing their quality efforts to becoming more sustainable.
OTAs increase their bids on branded searches when they know they can offer travelers the best price. This in turn pushes up the cost per click for the hotels when bidding on their own branded search results. This forecast highlights the growing importance of strategies that strengthen direct channels and reduce OTA lead generation.
The Ascott Limited is set to open two new properties in Sydney’s CBD and Melbourne’s outer north suburb of Epping under the lyf and Oakwood brands respectively. Serviced apartment brand Oakwood will launch its third Australian property in Epping with a 94-key mixed-use development at the corner of Fullarton Drive and Cooper St.
The problem is, this can actually hurt your brand, lower rate integrity, and compress margins. In fact, for if youre a luxury brand, cutting prices might not even bring in many more bookings. Position your brand well And let’s not forget about just making your hotel really awesome!
Skift Take: On todays pod we discuss Googles legal setback, a weaker forecast for travel brands, and the outlook for business travel. Rashaad Jorden Read the Complete Story On Skift
hotel construction pipeline is being driven in large part by the introduction of more than 120 new brands since 2017 and focused development in two high-performing segments: the upper-midscale chain scale and extended-stay accommodations. The expansion of the U.S. This anticipated total of 740 new hotels (83,548 rooms) represents a 1.5%
announced the opening of Everhome Suites in Nampa, Idaho, marking the midscale extended-stay brand’s third opening, with more than 10 open hotels forecasted within the next year. The Nampa hotel includes the brand’s Closer to Home design package. NORTH BETHESDA, Maryland—Choice Hotels International, Inc.
Renovation and brand conversion activity reached new highs as well. Conversions achieved record counts of 83 projects/8,218 rooms, while combined hotel renovations and brand conversions hit an historic high of 120 projects totaling 14,974 rooms, up 10% by projects and 18% by rooms YOY.
Renovation and brand conversion activity remains robust throughout the U.S. LE analysts forecast another 579 new hotels/64,781 rooms to open across the U.S. For the 2026 forecast, LE analysts expect 848 new hotels/92,892 rooms to open in the U.S. In the first quarter in the U.S., Among the U.S. Among the U.S. by year-end.
Notably, combined hotel renovations and brand conversions in Europe have shown strong growth at the Q1 close, with 718 projects/93,305 rooms and representing a 32% increase in projects and a 26% increase in rooms year-over-year. LE analysts forecast a total of 355 new hotels/47,549 rooms to open by year-end 2025.
As the once firm lines between business and leisure travel blur further, Crowne Plaza remains a trusted leader at the forefront of serving the new blended traveler, said Ginger Taggart, VP, brand management global premium brands, IHG Hotels & Resorts.
Extended-stay brands continue to remain popular with developers, accounting for 36% of the total projects under construction, 33% of projects scheduled to begin within the next 12 months and 34% of projects in the early planning stage. Sixty-four percent of the projects in the extended-stay pipeline are in the middle tier of brands.
The partnership will mean that hotel and pub groups of all sizes and operating models under Profitroom can access the same advanced forecasting, pricing and inventory tools trusted by major brands. Smaller properties have often missed out on the kind of advanced revenue tools global brands rely on.
Before that, he was VP, finance, Tarsadia Hotels, where he led financial operations, including accounting, reporting, budgeting, forecasting and risk management. Prior to joining Coury Holdings, Patel led a team managing a $1B+ AUM family office real estate portfolio.
The partnership, which comes amid a summer that is expected to see international travellers to Spain grow by 8% from last year’s record season, will enhance the powerhouse hotel brand’s financial performance and streamline its operations.
The Indonesian travellers continued to demonstrate their brand loyalty by booking direct via hotel website, which was on the number four spot on STAAHs top channels list. Traveloka was the chart topper in Indonesia , followed by Booking.com and Agoda. Expedia, Trip.com, local OTA MG Group and STAAH GDS also retained spots on the list.
Meanwhile, hotel renovations and brand conversions in China at Q1 increased to 189 projects/34,797 rooms, up 12% by projects YOY. During the first quarter, 144 new hotels/21,797 rooms opened in China, with an additional 1,009 new hotels/151,907 rooms forecast to open throughout Q2-Q4.
As one of the largest owners of international branded hotels in Australia, Salter Brothers brings experience in refurbishing, rebranding and repositioning of existing assets to a market where international brands have traditionally been underrepresented.
Conducted in conjunction with HAMA’S 2024 Annual Fall Meeting held in La Jolla, CA, the semi-annual report conveyed the latest opinions, experiences and predictions of nearly 70 hotel asset managers on topics ranging from budget forecasts to management company outlooks.
Applegate will oversee financial strategy; hotel and company reporting; forecasting; and owner relations to support the companys expanding portfolio. Vitolano will lead the sourcing and evaluation of new management and acquisition opportunities, driving Lodging Dynamics expansion across branded and independent hotels.
They understand that their brand identities sell to a very specific demographic of the wealthiest people in the world. Luxury car marketing strategies involve high-level branding focusing on aesthetics, performance, features, and storyselling using digital content marketing tools. What is Their Marketing Strategy?
Delfos will be responsible for driving StayWell’s revenue management strategy, ensuring all revenue-generating departments are aligned and forecast with strategies to create sustainable growth.
So, by offering a high-value vehicle, seamless customer experience, and delivering on-demand services, you can stand apart from legacy brands and create a mark in the ever-evolving market. Share Luxury car brands have seen significant growth in their EBIT margins between 2016 and 2021. But what is luxury? How do you define it?
Business Intelligence Agents: Forecasting with Real-Time and Historical Data Hotel forecasting has historically relied on manual reporting, static historical data, and siloed systems. These agents help properties maintain an active, responsive brand presence online without overwhelming staff bandwidth.
Additionally, brand conversions reached record totals with 55 projects/12,436 rooms. LE is forecasting an additional 99 new hotels/23,505 rooms to open throughout the remainder of the year for a total of 108 new hotels/25,635 rooms to open by year-end 2025. During the first quarter, the Middle East opened 9 new hotels/2,130 rooms.
Design branded, mobile-friendly websites using tools like innQuest Ignite, innQuests hotel website builder to drive direct bookings and create a great first impression. Single-solution platforms harness AI to: Analyze booking trends and forecast demand. Automate housekeeping schedules and room assignments.
Here, the creative flooring brand tells Hotel Designs of the design trends that will inspire… Driven by evolving consumer expectations and global challenges, interior design is no longer just about aestheticsits about purpose. Consumers in 2025 want more than token eco-friendly gesturesthey expect meaningful change.
Brand conversion and renovation activity continues to be a significant focus in the lodging industry. In the first quarter of 2023, LE recorded record-high renovation and brand conversion totals of 1,953 active projects/253,533 rooms. LE is forecasting the top 50 markets to open 319 new hotels/42,743 rooms in 2023.
Notably, brand conversions reached a new record-high room count at Q4, with combined hotel renovations and brand conversions totaling 195 projects/39,156 rooms, representing a significant 34% increase in projects and a 37% increase in rooms YOY.
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