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Hilton Snaps Up Graduate Hotels in $210 Million Deal: Consolidation Heats Up in Mid-Scale Market

Hotel Speak

Shaking up the mid-scale hotel market, Hilton has announced the acquisition of Graduate Hotels for a cool $210 million. This strategic buy comes as established hospitality giants like Hilton seek to expand their portfolio and cater to the evolving preferences of millennial and Gen Z travellers.

Scale 89
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The significance of considering competitive hotel rates in revenue management: An economic perspective

Hospitality Net

In the ever-evolving hospitality industry, revenue management plays a crucial role in maximizing profitability and ensuring sustainable growth for hotels.

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Waterparks Maintain Momentum in 2024 Amid Growth and New Opportunities

Hospitality Net

New growth is forecasted for indoor and outdoor waterparks in 2024 as several large-scale projects will open that will alter the waterpark landscape. These projects will continue to encourage existing properties to innovate and update to keep market share.

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U.S. Waterparks Poised for More Growth Amid Robust Recovery

Hospitality Net

Several large-scale projects planned for 2023 and beyond will alter the waterpark landscape at both indoor and outdoor waterparks. These projects will continue to encourage existing properties to innovate and update to keep market share. This robust performance paved the way for new growth in all segments of the industry.

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Peter Strebel named RateGain Americas president

Hotel Business

RateGain Travel Technologies Limited , a global provider of SaaS solutions for travel and hospitality, has appointed Peter Strebel as its new president to lead the Americas region. The work he has done in scaling the business and identifying new business opportunities leaves the Americas team far better positioned for success.”

Scale 98
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134 – TMG Hospitality Trailblazers: Bonnie Campagnuolo

Travel Media Group

Global Brand Head at Embassy Suites by Hilton, Bonnie Campagnuolo, is recognized as a TMG Hospitality Trailblazer as Embassy Suites celebrates its 40th anniversary! Ryan and Bonnie go in depth to highlight key initiatives and characteristics of Embassy Suites that contribute to the brand’s hospitality dominance. Where did you start?

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Oracle to bring OPERA Cloud to 2K Wyndham hotels

Hotel Business

Oracle has revealed plans to bring its Oracle Hospitality OPERA Cloud Property Management System (PMS) to 2,000 additional hotels under the Wyndham Hotels & Resort s portfolio by the end of next year. ” The post Oracle to bring OPERA Cloud to 2K Wyndham hotels appeared first on hotelbusiness.com.