Europe-originating business travel spending is forecast to reach €404B in 2026, with spending growing 10x faster than trip volume, signaling rising costs per trip across the region.Europe-originating business travel spending is forecast to reach €404B in 2026, with spending growing 10x faster than trip volume, signaling rising costs per trip across the region.
IHG signs two Holiday Inn properties in Tamworth, NSW and Rockhampton, QLD, delivering 190 rooms via refurbishment and new-build, both operated by La Vie Hotels Resorts.IHG signs two Holiday Inn properties in Tamworth, NSW and Rockhampton, QLD, delivering 190 rooms via refurbishment and new-build, both operated by La Vie Hotels Resorts.
In her new role, Pandey will oversee the hotel’s overall operations, focusing on enhancing guest satisfaction, improving operational efficiency, developing talent and supporting the property’s continued business growth, said a release.In her new role, Pandey will oversee the hotel’s overall operations, focusing on enhancing guest satisfaction, improving operational efficiency, developing talent and supporting the property’s continued business growth, said a release.
Hotel Equities surpassed 20,000 hours of employment for barrier-facing workers via Procure Impact purchases and has now pledged 50,000 more hours, topping all participating hotel management companies.Hotel Equities surpassed 20,000 hours of employment for barrier-facing workers via Procure Impact purchases and has now pledged 50,000 more hours, topping all participating hotel management companies.
SAMHI Hotels Limited achieved a significant revenue growth of 15.6 percent year-on-year and a rise in occupancy rates. The company reported a RevPAR increase of 14.3 percent driven by domestic travelers. Additionally, the net debt-to-EBITDA ratio was around 3.1 times, indicating financial stability. Future growth is anticipated as new hotel openings are scheduled, including a W Hotel in Hyderabad.SAMHI Hotels Limited achieved a significant revenue growth of 15.6 percent year-on-year and a rise in occupancy rates. The company reported a RevPAR increase of 14.3 percent driven by domestic travelers. Additionally, the net debt-to-EBITDA ratio was around 3.1 times, indicating financial...
Priceline parent Booking Holdings said on Tuesday it recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC action involving its subsidiary’s connection to deceptive hotel ads.Priceline parent Booking Holdings said on Tuesday it recorded a $900 million reduction in revenue and accrued a loss of $100 million related to an FTC action involving its subsidiary’s connection to deceptive hotel ads.
When Neelendra Singh took charge as managing director of Lemon Tree Hotels last year, he stepped into the shoes of founder Patanjali Keswani with a mandate to scale. With a retail background spanning two decades at Adidas rather than hospitality, Singh tells ET HospitalityWorld why the company chose a non-hotelier, how it plans to grow from 138 to 300 hotels, and why its network-led strategy will define its next phase.When Neelendra Singh took charge as managing director of Lemon Tree Hotels last year, he stepped into the shoes of founder Patanjali Keswani with a mandate to scale. With a retail...
Holiday Inn Tamworth and Holiday Inn & Suites Rockhampton bring new investment, quality accommodation and tourism opportunities to two key regional centres. Holiday Inn Tamworth and Holiday Inn & Suites Rockhampton bring new investment, quality accommodation and tourism opportunities to two key regional centres.
The Pines Resort cut guest messaging response times from 45 to 2 minutes and automated high-volume phone inquiries after deploying Canary AI Voice, Webchat, and Guest Messaging.The Pines Resort cut guest messaging response times from 45 to 2 minutes and automated high-volume phone inquiries after deploying Canary AI Voice, Webchat, and Guest Messaging.
Tuesday brought a World Panel question on what role hotels play in guest wellbeing, and a hospitality technology veteran asking whether the exhibit hall still matters when buyers research vendors with AI.Tuesday brought a World Panel question on what role hotels play in guest wellbeing, and a hospitality technology veteran asking whether the exhibit hall still matters when buyers research vendors with AI.