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TORONTO Canadas hotel investment market saw significant growth in 2024, with total transaction volume reaching $2 billion, a 16 per cent year-over-year increase, according to Colliers INNvestment Canada Hotel Report Q4 2024. Strong operating performance and investor confidence contributed to the sectors continued momentum, particularly in metropolitan markets.
CHICAGO, IllinoisHyatt Hotels Corporation announced that it has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts N.V. for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. Playa is an owner and operator of all-inclusive resorts in Mexico, the Dominican Republic, and Jamaica, and Hyatt is currently the beneficial owner of 9.4 percent of Playas outstanding shares.
According to the 2025 State of the Meetings Industry report from Cendyn and ConferenceDirect , smaller meetings dominated in 2024, but 2025 is ushering in a resurgence of medium and larger gatherings, signaling a strong comeback for larger events. The report reveals insights to help industry professionals understand what meeting planners and event managers expect and will prioritize in 2025 and eveals insights to help industry professionals understand what meeting planners and event managers exp
In many hotels and restaurants, operational efficiency has traditionally taken center stage. Processes like check-ins are designed primarily to optimize internal workflows rather than to create a positive emotional experience for guests. While ensuring that every detail of the reservation system functions flawlessly is essential, this inward focus often neglects a critical element: the guests perspective.
Speaker: Matt Sunshine, CEO at The Center for Sales Strategy
AI isn’t replacing salespeople—it’s empowering them. The most forward-thinking sales organizations are using AI to enhance human performance rather than eliminate it. From coaching and messaging to prospecting and pipeline accountability, artificial intelligence is giving managers and SDRs the new tools they need to work smarter, sell better, and close more.
Hyatt Hotels Corporation has entered into an agreement to acquire all outstanding shares of Playa Hotels & Resorts NV for $13.50 per share, or approximately $2.6 billion, including approximately $900 million of debt, net of cash. Hyatt is currently the beneficial owner of 9.4% of Playas outstanding shares. Hyatt has firmly established itself as a leader in the all-inclusive space, a journey that began in 2013 through an investment in Playa Hotels & Resorts that launched the Hyatt Ziva an
WASHINGTONAmong U.S. markets, New York City and Nashville are projected to open the most hotel rooms in 2025, according to CoStar pipeline data. Top Markets by Projected 2025 Room Openings The ongoing development in New York City is not surprising given the markets status and its high performance in recent years, said Isaac Collazo, senior director, analytics, STR.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel construction pipeline remained stable at 3,779 projects/681,915 rooms at the close of the fourth quarter of 2024, showing minimal change year-over-year (YOY). Projects currently under construction stand at 2,753 projects/491,966 rooms, up 4% by both projects and rooms YOY.
According to the latest China Construction Pipeline Trend Report from Lodging Econometrics (LE) , China’s total hotel construction pipeline remained stable at 3,779 projects/681,915 rooms at the close of the fourth quarter of 2024, showing minimal change year-over-year (YOY). Projects currently under construction stand at 2,753 projects/491,966 rooms, up 4% by both projects and rooms YOY.
A clear sign of the inroads AI is making into the hospitality industry, the Otonomus Hotel is set to open in Las Vegas, Nevada, in March. Otonomusa company that integrates AI with real estate and property managementwill exhibit its flagship property at CES 2025 as the first AI-powered hotel. The Otonomus Hotel will leverage the companys FIRO, a management dashboard and AI-powered booking engine that optimizes operations through dynamic room allocations and pricing to maximize […] The post
Hotel Designs Corinthia Grand Hotel du Boulevard Bucharest bringing on the Belle Epoque Corinthia Grand Hotel du Boulevard Bucharest bringing on the Belle Epoque Corinthia Grand Hotel du Boulevard Bucharest, sheltered in an historic landmark in the heart of the city, has been restored by GA Design to seamlessly blend timeless heritage with contemporary luxury… Corinthia Grand Hotel du Boulevard Bucharest , the highly anticipated all-suite boutique luxury hotel opening in Romanias vibrant
Each year, the Ambiente trade fair in Frankfurt, Germany, names an Ambiente Designer. Designer and self-proclaimed maximalist Fabian Freytag was given the title of 2025 Ambiente Designer. At the Ambiente trade fair from Feb. 7-10/11, 2025, Freytag presented his concept, “The LoungeShades of Space,” which focuses on hospitality. “The hospitality industry is undergoing a radical transformationidentity is everything.
DSH Hotel Advisors , a national hotel brokerage and advisory firm specializing exclusively in hotel investment sales, arranged the sale of the recently renovated 55-room Quality Inn Lake City, FL. The transaction, for an undisclosed price, was facilitated by Dennis S. Hopper, managing principal; Randy B. Taylor, SVP, investments; and Dylan N. Amin, VP, investments, DSH Hotel Advisors, represented the seller, Aksar Motel LLC, and the buyer, Maheshwara LLC.
Speaker: Brendan Sweeney, VP of Global Sales and David Phelan, Account Executive
In a world where buyers are more informed and objections are more nuanced, confidence isn't optional—it’s a competitive advantage. In high-stakes conversations, knowing how to handle pushback can make or break the deal. Join industry experts Brendan Sweeney and David Phelan for a behind-the-scenes look at how teams are transforming sales coaching with real-time feedback, objection-handling role plays, and pre-call preparation that actually sticks.
WASHINGTON, D.C.AAHOA commended the passage of the Hotel Fees Transparency Act out of the U.S. Senate Committee on Commerce, Science, and Transportation. This bipartisan legislation, introduced by Senators Amy Klobuchar (D-MN) and Jerry Moran (R-KS), aims to enhance price transparency by requiring hotels and short-term rentals to disclose the total cost of a booking, including all fees, upfront.
Christina Trauthwein , VP, content & partnerships, Hotel Business, sits down with James Reivitis , chief development officer, Access Point Financial , to discuss his company’s growth, how bridge lending fits into today’s lending landscape and more. The post HB on the Scene: Access Point Financial’s James Reivitis discusses the lending landscape appeared first on hotelbusiness.com.
NEWTON, MassachusettsSonesta International Hotels Corporation announced the opening of Signature Inn Berkeley, a 29-room, upper-economy property located in Berkeley, California. The hotel is near attractions in Berkeley, San Francisco, and Oakland, including the University of California, Berkeley, Cesar Chavez Park, the beaches and marinas of San Francisco Bay, Claremont Canyon Preserve, and Siesta Valley Recreation Area.
Skift Take: Thailand has benefited from foreign films set in the country for years, and a similar boom in interest is predicted following the new season of 'The White Lotus.
When culture isn’t consistently lived out across the organization, engagement suffers—and it often starts with a disconnect at the top. In this session, Beth Sunshine, SVP of Up Your Culture at The Center for Sales Strategy, will reveal how HR and executive leaders can close the gap between vision and execution by equipping frontline and mid-level managers to become culture carriers.
ATLANTAPeachtree Group deployed $1.6 billion in credit transactions in 2024, marking a 54 percent increase from 2023. This growth shows Peachtrees reach in private credit lending and its ability to provide financing solutions across multiple property types, including hospitality, multifamily, industrial, and specialty assets. Founded in 2007, Peachtree has evolved into a vertically integrated investment firm, growing its ability to source, underwrite, and manage assets.
Skift Take: The acquisition positions Hyatt to capitalize on the growing demand for luxury all-inclusive experiences, while adding significant scale to its resort portfolio in key leisure destinations where development opportunities are limited.
Here is a fresh perspective on design-driven approaches to innovation in the hospitality sector which shows the power of social networks to drive innovation in boutique hotels.
Skift Take: Skift Asia Forum returns on May 14-15 in Bangkok, bringing together global travel leaders to explore the key trends shaping the Southeast Asia regions tourism resurgence.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
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Book your beach stay at The Sauble Lodge Motor Inn. Located in Sauble Beach, Ontario, this property is only a minutes walk from the shore of Lake Huron. Theres a pool too for the kids, or you can rent a jet ski if youre up for something more adventurous.
Destinations in the North such as Iceland, Finland, Norway have become more popular in the recent years. Instead of picking tropical getaways, some tourists prefer to travel to cold places in the winter months. What is to this cold is the new hot travel trend?
Hotel Designs New 2025 fabrics from Dedar Milano part of the Contemporary Archives family New 2025 fabrics from Dedar Milano part of the Contemporary Archives family The new Dedar Milano fabrics collection creates a lively rhythm of variations when it comes to materials and techniques. It juxtaposes figurative and abstract elements, until the boundary between the two becomes seemingly non-existent… Reinterpreting classical practices in a new key, Dedar Milano’s latest collection of
Despite a decrease in ongoing construction, NYC and Nashville have many rooms in the planning stages, indicating continued investment in these markets.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
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Are you curious about how artificial intelligence is reshaping sales coaching, learning, and development? Join Brendan Sweeney and Devyn Blume of Allego for an engaging new webinar exploring AI's transformative role in sales coaching and performance improvement! Brendan and Devyn will share actionable insights and strategies for integrating AI into coaching and development - ensuring personalized, effective, and scalable training!
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Rebel Hotel Company, one of New York City's largest independent hotel operators, proudly announces its acquisition of management forInk 48, an upscale property located in the heart of Manhattan.
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