Mon.Mar 10, 2025

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Why Alternative Capital Is Key to Unlocking New Development

Lodging

Securing financing for hotel development continues to remain challenging. Traditional lenders continue to scale back, and those still active are offering significantly lower loan-to-value (LTV) ratios, making it difficult for developers to move projects forward. Higher interest rates further complicate the landscape, forcing developers to pursue creative capital solutions.

Scale 258
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Striking design meets exceptional hospitality at Pan Pacific Orchard in Singapore

Hotel Management

Singapore has been home to spectacular hotel debuts of late and high on that list is the Pan Pacific Orchard , which combines style with sustainability, greenery and luxury hospitality. It was back on June 1, 2023 when Pan Pacific Hotels Group, a member of Singapore-listed UOL Group (UOL), unveiled its spectacular flagship hotel Pan Pacific Orchard, Singapore and since then the hotel continues to mesmerise business and leisure travellers like.

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The AI Revolution in Hospitality: Transforming the Hotel Industry through Innovation and Employee Empowerment

Are Morch

In an era of rapid technological advancement and evolving consumer expectations, the hotel industry stands at a crossroads. Long-standing challenges such as overworked staff, outdated systems, and resistance to change have left many establishments struggling to keep pace with the dynamic hospitality landscape. However, a paradigm shift is underway, driven by artificial intelligence (AI) and […] The post The AI Revolution in Hospitality: Transforming the Hotel Industry through Innovation an

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Exclusive: Dominican Low-Cost Carrier Arajet Wants to Disrupt NYC Market

Skift Blog

Skift Take: This summer, there will be an average of 43 daily flights between New York and the Dominican Republic. However, with just four flights a week, will Arajets new service threaten the incumbents?

Market 198
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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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STAAH and Espire Hospitality join forces for a change

STAAH

STAAH partnered with Espire Hospitality to streamline operations and optimize revenue across the groups wide portfolio of hotels and resorts. This collaboration addresses Espires operational challenges, improving efficiency, and ensuring long-term growth. Tackling Operational Challenges Despite its growth, Espire Hospitality faced challenges with rate management complexities, and limited reporting insights, which impacted its ability to manage and scale effectively.

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Delta Lowers Outlook, Cites Decline in Consumer and Corporate Confidence

Skift Blog

Skift Take: Delta is the first U.S. airline to revise its outlook following fears that the U.S. may hit an economic soft patch.

Consumer 189

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4 Reasons AI Chatbots Won’t Become Online Travel Agencies: Booking Holdings CFO

Skift Blog

Skift Take: Will the big AI chatbots those that survive ever become online travel agencies in their own right? Booking Holdings' CFO doesn't think so, but the company is trying to prepare for all scenarios.

Travel 186
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IAG Pledges $217 Million for Startup Investments Through New Venture Arm

Skift Blog

Skift Take: This is the first time that IAG has set aside specific funds for startup investment.

Travel 176