In a significant move, IHG Hotels & Resorts recently announced its acquisition of Ruby, a thriving urban lifestyle hotel brand, for around $116 million. This strategic purchase signals IHG’s intent to delve deeper into the expanding urban micro-hotel market, a sector that caters to modern travelers seeking affordable, efficient accommodations in bustling city locations. While
Hotels
The hospitality sector is witnessing a transformative period, particularly in the all-inclusive segment, where Hyatt Hotels Corporation is making audacious strides. The company’s recent announcement regarding its acquisition of Playa Hotels & Resorts for $2.6 billion marks a significant moment in Hyatt’s expansion narrative. This deal is not only aimed at increasing Hyatt’s portfolio of
In the fourth quarter of 2024, Hyatt Hotels Corp. showcased a promising upswing in its all-inclusive resort segment, marking a 2.9% increase in net package Revenue Per Available Room (RevPAR). This rebound is particularly compelling, considering the subdued performance in the preceding quarter. The positive trend comes at a strategic juncture for Hyatt as it
The Manchester Grand Hyatt San Diego is embarking on a major renovation project set to transform the hotel experience in San Diego’s vibrant bayfront area. This extensive overhaul is designed with a phased approach, slated for completion by the winter of 2026. With 1,628 guestrooms and suites and a sprawling 320,000 square feet of indoor
Deer Valley Resort has long been regarded as a sanctuary for skiing enthusiasts, characterized by its exclusive atmosphere, steady lift lines, and exceptional service. Nestled in Park City, Utah, this resort has successfully curated an upscale experience, marked by the absence of snowboarders and the presence of knowledgeable “hosts” stationed throughout the mountain. But as
As the global hospitality industry grapples with significant economic fluctuations, Marriott International remains a crucial player navigating through these tumultuous waters. In the wake of their Q4 earnings report, which showcased impressive financial metrics, the company is also acutely aware of the potential repercussions of escalating trade tensions, particularly with its close neighbors, Canada and
Universal Orlando Resort is set to embark on an exciting culinary journey with the opening of its latest theme park, Epic Universe, on May 22. This extraordinary addition boasts a sprawling selection of themed dining options across five uniquely designed lands that promise to tantalize the taste buds of guests. Each venue is inspired by
In an impressive stride forward, Travel Leaders Network (TLN) has reported a remarkable 17% increase in sales for 2024 compared to the previous year. This milestone is not merely a statistical highlight; it represents a new high point for the consortium and a testament to the evolving travel industry during a time when many still
The travel industry is evolving rapidly, and companies like Sandals and Beaches resorts are taking proactive steps to enhance their relationships with travel advisors—an integral component of their business model. The introduction of the Sandals Elite Advisor (S.E.A.) Program marks a significant initiative aimed at recognizing and rewarding the crucial role that these advisors play
In the ever-evolving landscape of luxury travel, one destination stands out for its breathtaking experience and immersive nature. Christina Jelski, host of the engaging podcast The Last Resort, recently welcomed Anna Gilbert, the visionary founder of Upannaway, to reflect on her vibrant journey through Angama’s stunning safari lodges in Kenya. This rich conversation delves into
In an exciting development for the hospitality industry, Preferred Hotels & Resorts has launched a groundbreaking portal specifically designed for travel advisors. This new tool brings together the booking capabilities and commission management for over 600 independent hotels under one innovative platform. With the complexity of managing multiple bookings and client expectations, this portal promises
On January 16, 2024, Resorts World Las Vegas announced the appointment of Alex Dixon as its new CEO. This change is not merely a routine executive shuffle; it arrives in the wake of Genting Berhad’s disappointing quarterly results, attributed, in part, to the sweltering summer heat in Las Vegas and the anticipated drop in tourist
Hyatt Hotels Corp. is poised to significantly broaden its presence in the all-inclusive resort sector by acquiring Playa Hotels & Resorts for approximately $2.6 billion. This ambitious venture marks a pivotal enhancement of Hyatt’s offerings in the Caribbean and Mexico, regions already rich with potential for all-inclusive accommodations. The negotiations, which began in late December,
The world of hospitality is ever-evolving, with brands constantly adapting to consumer preferences and market dynamics. Recently, SH Hotels & Resorts announced an exciting rebranding initiative that aims to reclaim the legacy of the Starwood name. Under the guidance of Barry Sternlicht and CEO Raul Leal, the approach taken is not only a nostalgic nod
In the dynamic landscape of travel agency operations, adaptability and focus emerge as key factors for success. Addison Jaynes’s journey from running Reliant Destinations in the U.K. to establishing a thriving travel agency in Dallas showcases the significance of honing in on a niche while leveraging modern tools to engage an audience effectively. This article
In the fourth quarter of 2024, Expedia Group’s three main brands—Expedia, Hotels.com, and Vrbo—experienced a significant upturn in bookings, a result that can largely be attributed to the strategic vision set forth by CEO Ariane Gorin since her appointment in May. During the recent earnings call, Gorin shared insights into the company’s transformative journey, highlighting
New Orleans, a city bursting with vibrant history and rich culture, has long served as a crucible for artistic expression and social movements. At the heart of this cultural landscape is the Dew Drop Inn, an establishment whose journey from humble beginnings to cultural landmark illustrates the complexities and triumphs of the city’s narrative. This
Set to make a splash in the bustling entertainment landscape of Las Vegas, the Palm Tree Beach Club is gearing up for its grand opening this May at the renowned MGM Grand Hotel & Casino. This ambitious project promises to reimagine the experience of outdoor music and leisure, offering an expansive space that spans nearly