AI-powered travel agents carry a hidden token cost per booking that investors currently absorb, but hotels should expect that cost to migrate into commissions or fees as platforms seek sustainable economics.AI-powered travel agents carry a hidden token cost per booking that investors currently absorb, but hotels should expect that cost to migrate into commissions or fees as platforms seek sustainable economics.
Highlights for the period showed growth of sales continues at Rs 141 crore (up 6 percent YoY); Average unit realisation (AUR) including upgrades at Rs 13.4 lakh (up 43 percent YoY); and membership upgrades of Rs 83 crore (up 26 percent YoY). The quarter also saw double digit growth in resort revenue at Rs 96 crore (up 15 percent YoY) and occupancy at 75.6 percent (up 220 bps YoY), said a release.Highlights for the period showed growth of sales continues at Rs 141 crore (up 6 percent YoY); Average unit realisation (AUR) including upgrades at Rs 13.4 lakh (up 43...
HSMAI MEA’s 9th Commercial Strategy Conference runs 17-18 November 2026 at Conrad Dubai, featuring 40 sessions, 65+ speakers, and new tracks on women in hospitality, independent hotels, and Africa’s hotel community.HSMAI MEA’s 9th Commercial Strategy Conference runs 17-18 November 2026 at Conrad Dubai, featuring 40 sessions, 65+ speakers, and new tracks on women in hospitality, independent hotels, and Africa’s hotel community.
Drawing on a McKinsey explainer, this piece introduces “token literacy” for hoteliers, explaining how AI billing works and why spend can nearly quadruple from pilot to portfolio rollout.Drawing on a McKinsey explainer, this piece introduces “token literacy” for hoteliers, explaining how AI billing works and why spend can nearly quadruple from pilot to portfolio rollout.
Experiential Hospitality Group launches Naetive, a new lodge brand centered on place-led exploration and biocultural conservation, with its first property set to open in December 2027.Experiential Hospitality Group launches Naetive, a new lodge brand centered on place-led exploration and biocultural conservation, with its first property set to open in December 2027.
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Follows record openings and signings in 2025 for the region Follows record openings and signings in 2025 for the region
Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from Rs 6650 crore to Rs 3350 crore rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March 2023 and its third postponement in May.Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from Rs 6650 crore to Rs 3350 crore rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March...
Hotel Covington deployed Canary Technologies’ F&B mobile ordering, AI messaging, and dynamic upsells, achieving a 15% increase in average check size at its 114-room Kentucky property.Hotel Covington deployed Canary Technologies’ F&B mobile ordering, AI messaging, and dynamic upsells, achieving a 15% increase in average check size at its 114-room Kentucky property.
Wednesday brought Markus Busch on Booking Holdings collecting guest payment on 73% of its sales, up from 25% in 2019; Charlotte Weatherall of Corinthia London on her first year as GM and the TMT programme; and Henri Roelings with Paathz founder Ayush Soota on rebuilding hospitality hiring. HVS’s…Wednesday brought Markus Busch on Booking Holdings collecting guest payment on 73% of its sales, up from 25% in 2019; Charlotte Weatherall of Corinthia London on her first year as GM and the TMT programme; and Henri Roelings with Paathz founder Ayush Soota on rebuilding hospitality hiring. HVS’s…