Search

Byline: HBI Staff ICRA expects the revenues of the Indian hospitality industry to grow by 7-9% YoY in FY2025 and 6-8% YoY in FY2026, over the high base of FY2024. [...]

In an increasingly competitive landscape of the hospitality industry, optimising revenue streams is paramount for hotel organisations to ensure long-term success in the business. Ibrahim Saba, Principal Sales Director -- [...]

The continual advancements in technology and Artificial Intelligence (AI) are not just reshaping, but fundamentally transforming the hospitality industry. It was a hot topic for the industry at this year's [...]

Accor, Europe's largest hotel group, has announced that revenue per available room (RevPAR) is set to exceed expectations, with forecasts indicating a four to five percent increase for 2024. This [...]

Byline: TT Bureau Bleisure, fusion of business and leisure travel, is reshaping M!CE industry, with an increasing number of business travellers seeking to blend work commitments with leisure experiences. Is [...]

Byline: HBI Staff According to ICRA, FY24 continued the trend of upward mobility, with two entities upgraded for every downgrade. The hospitality sector emerged as the standout performer, boasting 23 [...]

Byline: HBI Staff According to ICRA, FY24 continued the trend of upward mobility, with two entities upgraded for every downgrade. The hospitality sector emerged as the standout performer, boasting 23 [...]

Byline: HBI Staff - Hyderabad Accor, the global hospitality leader, has unveiled its remarkable financial achievements for the fiscal year 2023, setting a new record with an EBITDA surpassing EURO [...]

With business travel rebounding at a solid pace in 2022 and shifting power to the supplier side, many travel buyers expected significant rate increases after hotel negotiations for 2023, and [...]

Byline: Nandivardhan Jain The Indian hospitality industry has emerged with remarkable resilience and strength in the first quarter of FY23-24. Based on ground-level research, the sector is poised to report [...]

Byline: HBI Staff Narender Maan has joined Le Meridien Gurgaon Delhi NCR, as the new Food & Beverage Manager. With over 15 years of professional expertise in the hospitality industry, [...]

The hotel industry remains above the 'average' line of CO2 emissions, highlighting an 'urgent' need for hospitality and leisure establishments to taper down carbon emissions, according to a recent report [...]

Byline: Asmita Mukherjee With an aim to showcase India's global stature as a hospitality industry powerhouse, HVS ANAROCK is presenting HOPE (Hospitality Overview Presentation & Exchange) to bring together Indian [...]

Byline: Asmita Mukherjee With an aim to showcase India's global stature as a hospitality industry powerhouse, HVS ANAROCK is presenting HOPE (Hospitality Overview Presentation & Exchange) to bring together Indian [...]

Hotel and resort companies continue to raise annual profit forecasts and exceed third-quarter benchmarks based on higher pricing and a strong rebound in leisure and business travel. Marriott International announced [...]

Global travel prices are predicted to continue to increase in the remaining months of 2022 and throughout 2023, according to the 2023 Global Business Travel Forecast, published by CWT and [...]

New data suggests hotel revenue per available room (RevPAR) for properties in the United States is now expected to surpass 2019 levels in 2022. According to the latest forecast from [...]

Covid-19 disrupted several industries across the globe, particularly the hotel industry. However, the industry showed resilience and continues to flourish with countries easing travel restrictions. Now, hotels should look into [...]

Rising average daily hotel room rates are expected to drive 2022 RevPAR above 2019 levels, according to the May 2022 Hospitality Directions USA report from PwC's hospitality and leisure sectors [...]

PwC's latest forecast for the U.S. hospitality industry projects that average daily room rates (ADR) will increase 16.9 percent for the year, propelling 2022 RevPAR (revenue per available room) to [...]

Once considered a novel alternative to the traditional hotel room, homesharing as a concept has very quickly come of age. Propelled by the pioneering efforts of Airbnb, the idea has [...]

Leisure travel continues to dominate U.S. hotel demand, but PwC expects to see individual business travel and groups lead the demand recovery into 2022, provided Covid-19 infection rates drop, according [...]

Byline: asmita mukherjee The coronavirus pandemic devastated the hospitality industry, and those who work in them. After almost 18 months of prolonged devastation, the cases have now started to decrease. [...]

Byline: Asmita Mukherjee - Hyderabad The coronavirus pandemic devastated the hospitality industry, and those who work in them. After almost 18 months of prolonged devastation, the cases have now started [...]

After a long spell of pandemic-induced uncertainty and challenges, travel in Asia Pacific is soaring again and the hospitality industry is looking resolutely towards a brighter future. At Hotel Investment [...]

The year since our last hotelier roundtable has been filled with disruption on every front, and the hospitality business has not been immune. Our latest panel discussion covers such hot-button [...]

Byline: Disha Shah Ghosh - Mumbai Anticipating the impact of technology, 14 years ago, TravelBiz Monitor introduced an industry-first live news portal, with hourly online reporting on travel, tourism, aviation [...]

Byline: Mandeep Lamba Saying that COVID-19 has had an unprecedented impact on the hotels sector in India is putting it mildly. We anticipate the overall Indian hospitality sector (including organized, [...]

Global Business Travel Association (GBTA) hosted hospitality experts during its recent Collaboratory 2020 webinar series on the hotel industry to discuss hospitality and the return to business travel. In its [...]

Byline: Asmita Mukherjee The dent caused by COVID-19 on the financials of the Indian hospitality industry has been huge. HVS ANAROCK recently released a report on the outlook of the [...]

Byline: Asmita Mukherjee The dent caused by COVID-19 on the financials of the Indian hospitality industry has been huge. HVS ANAROCK recently released a report on the outlook of the [...]

Travel and tourism sectors is facing an unprecedented amount of uncertainty due to COVID-19 outbreak. While the government implemented measures to ensure the safety of all citizens, so did the [...]

Byline: Jason Fudin Settling in to 2020, it is clear that innovation in hospitality and real estate is happening at a pace not seen since the rise of Marriott and [...]

Byline: David Bodamer The hospitality sector is notoriously the most volatile of real estate asset classes. Business and leisure travel trends are highly correlated to broader economic conditions. And the [...]

Byline: Karthik Ramaiah Karthik Ramaiah, Co-founder, Kobster.com Procurement plays a very important role in the hospitality industry, which includes businesses such as hotels, resorts, spas, restaurants and cruise lines. Such [...]

Luxury hotels are the elite athletes of the hospitality industry, superstars with iconic status and loyal fans. In 2009, though, arguably one of the worst years on record for the [...]

The search for an authentic Mexico experience is burgeoning as travelers seek ... experiential holidays. From destinations and accommodations to tours and activities, many of today's luxury travelers are in [...]

Byline: HBI Staff Holiday Inn Mumbai International Airport, part of the InterContinental Hotels Group announced the appointment of Amit Raman as the Food & Beverage Manager. Raman has over 17 [...]

Lodging is in the midst of a profound, multidimensional business transformation that will affect virtually every part of the industry. New skills, capabilities and supporting infrastructures will be required to [...]

New on the Scene stay here DESERT LUXE. Now open in Tucson is the 575-room JW Marriott Starr Pass Resort and Spa, with a generous 88,000 square feet of meeting [...]

In 2004, hoteliers realized the turnaround they had been waiting for since 2001. This year promises more of the same. The pace of performance growth may moderate somewhat, but not [...]