Hotel Industry News

In early 2025, a significant strike involving thousands of correctional officers across Upstate New York led to an unexpected economic shift in the region's hotel industry. Cole Masler of HVS explores the implications of the strike and the subsequent deployment of the New York National Guard on local hotel market performance.

The Global Business Travel Association (GBTA) has released its latest findings, indicating a resurgence in optimism among business travel professionals.

Prime Investment Properties LLC is pleased to announce two exclusive investment offerings in Fiji — a Confidential Beachfront Resort and a Prime Oceanfront Development Parcel, both located along the country’s world&renowned Coral Coast.

Singh Enterprises has acquired the Soho Brisbane Hotel and the former St Alban's Liberal Catholic Church, expanding its holdings in Brisbane's Spring Hill precinct.

Visa has released data indicating a significant increase in post&race tourism and spending following the Formula 1 Singapore Grand Prix. The data reveal that many travelers extended their trips to explore other destinations in the Asia Pacific, with affluent travelers contributing notably to this trend.

Nobu Hospitality has partnered with United Real Estate Company and Dhaliliyah Company to develop its first serviced residences and restaurant in Kuwait, located in Hessah Plaza.

According to MMGY's latest study, travelers are prioritizing hands&on culinary activities and closer family interactions, reflecting a broader trend toward value&conscious and experience&driven travel decisions.

IHG Hotels & Resorts will manage the Mayfair Hotel in Adelaide, with plans to rebrand it as Kimpton Mayfair Adelaide after refurbishment by late 2026.

IHG Hotels & Resorts has signed a management agreement with Al Ashraaf Developments to open a 170&key Holiday Inn in Al Obour City, Cairo.

IHG Hotels & Resorts has signed a management agreement to develop a 100&room Holiday Inn Express near Bagdogra International Airport, scheduled to open in 2028.

Hyatt Hotels Corporation has opened the Thompson Shanghai Expo, marking the debut of the Thompson Hotels brand in Asia.

Hyatt Hotels Corporation has announced the opening of Elysium Spa & Wellness House at Hotel La Compañía del Valle, part of The Unbound Collection by Hyatt, in Panama's El Valle de Antón.

The hospitality industry has long relied on task force professionals to fill leadership gaps in operations, finance, and revenue management. As we approach 2026, that same concept is gaining momentum within marketing and communications. It’s especially true in this discipline where continuity, strategy, and agility are essential to maintaining brand strength and driving revenue.

The European Employers’ Institute (EEI) has released a study revealing a persistent labour productivity gap between the EU and the US, driven by underinvestment in innovation and digitalization in core EU economies.

The hospitality industry is entering a new era of digital transformation. By the end of 2026, Milestone’s research across more than 3,500 websites predicts that half of all search traffic will flow through AI engines such as ChatGPT, Google AI Overviews, Bing Copilot, and Perplexity.

Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry.

This fifteenth annual Lodging Tax Study presents data on city, state, and special district lodging and sales taxes imposed on lodging sales. We provide historical data on tax rates and collection and distribution of revenue from lodging taxes levied in all 50 States and the 150 largest US cities.

Hilton has announced plans to expand its luxury and lifestyle portfolio in South East Asia, adding nearly 4,000 new rooms through the signing of 17 new properties across six countries.

Years ago, the solution was “templates.” But in today’s fast&paced market, a simple template is just a faster way of doing manual work. The new standard is true automation.

The Ascott Limited has signed a franchise agreement for Somerset Admiralty Way Lagos, a new serviced residence in Lekki, Lagos, Nigeria, set to open in October 2028.

Minor Hotels plans to open the Tivoli Palazzo Risorgimento Lecce in Italy's Puglia region by April 2026 following renovations.

Things are changing. Across Europe, electronic invoicing – also known as e&invoicing – is becoming the new norm, and for good reason. It’s faster, safer, more efficient, and soon it will be mandatory. Here’s what hoteliers need to know about e&invoicing, why it matters, and how to get ready for the upcoming mandates.

Brett Horton has been appointed Chief Advocacy Officer at the American Hotel & Lodging Association (AHLA), effective December 1, 2025.

The U.S. hotel industry is facing a challenging period as recent data from CoStar reveals a downturn in performance metrics for the week ending October 25, 2025. CoStar reported that the industry saw a year&over&year decline in occupancy, average daily rate (ADR), and revenue per available room (RevPAR).

Bias in AI isn’t always intentional, but it’s always impactful. Algorithms are built and trained by humans, which means they can absorb the same blind spots, cultural assumptions, or skewed data as their creators.

Booking Holdings has reported promising early results from its partnership with OpenAI, demonstrating potential growth in AI&driven travel booking. The company also highlighted significant growth in the U.S. and Asia, despite ongoing economic uncertainties.

Artificial intelligence (AI) is rapidly being adopted in the commercial real estate sector, with 88% of investors and landlords piloting AI projects. However, only 5% of these companies have achieved all their AI goals, highlighting a significant gap between adoption and successful implementation.

JLL's Hotels & Hospitality Group has completed the sale and financing of the Courtyard by Marriott Wayne Fairfield, a 122&room hotel located 20 miles from New York City.

This strategic pivot is driven by high financing costs, labor shortages, and a muted outlook for supply growth, prompting hoteliers to explore creative solutions, such as adaptive reuse and mixed&use developments.

Accor has announced the signing of Sofitel Jabal Omar Makkah, a new hotel set to open in 2026 in Makkah, Saudi Arabia, featuring 1,141 rooms and suites.