Global News

Hoteliers say being bookable and visible online is the number one business focus

A report by the global hotel industryÕs leading cloud platform, SiteMinder, has found that the ability to grow direct bookings and online presence is the top business focus for hotels this year. The finding, documented in SiteMinderÕs Global Hotel Business Index 2017 released this week, is based on more than 2,100 survey responses from hoteliers at both independent properties and hotel groups around the world.

Direct booking
Global News

Hotels among biggest beneficiaries of Trump economic growth

Shorter lease tenor property types, such as hotels, self-storage and apartments would see strongest and most immediate benefit if the Trump administration succeeds in accelerating US economic growth with infrastructure spending and tax and regulatory reforms, according to a new report released by Fitch Ratings.

Trump International Hotel
Global News

Hotel bookings on mobile devices up 67 per cent

Looking to draw new clients? A new study from HotelsCombined points to the continued importance of mobile devices for travelers looking to book their vacation. According to the study, hotel bookings on mobile devices increase 67 per cent in the US in 2016 compared to the previous year.

Mobile booking
Global News

New York hotel market chases recovery

New York City has been working through an enormous hotel construction pipeline for the past several years Ñ the largest in the nation Ñ and one that is expected to keep a lid on rates and room revenue until sometime next year.Ê

NYC
Global News

After years of struggle, Club Med eyes growth in China

Club Med is on an expansion tear following its 2015 acquisition by ChinaÕs Fosun Group. The Paris-based originator of the all-inclusive resort plans to open 15 properties and renovate nine over the next three years, with a heavy emphasis on its parent companyÕs home turf.

Club Med Beidahu
Global News

Sam Nazarian: sbe to merge with Hakkasan Group

Wall Street is abuzzÊafter billionaire hotel owner Sam NazarianÕs confirmation that he expects to close a giant merger with Hakkasan Group within 60 days that will form a huge hotel, restaurant and nightclub operation headquartered in Las Vegas with a $1 billion valuation.

Sam Nazarian
Global News

Online hotel booking scams cost Americans $1.3 billion annually

The American HotelÊand Lodging Association (AHLA) has applauded the Senate Subcommittee on Consumer Protection, Product Safety, Insurance and Data Security for taking another step in raising awareness about the prevalence and significant impact of online hotel booking scams on American consumers.

Online fraud
Global News

Hilton Garden Inn launches six region-specific hotel prototypes

Hilton Garden Inn has announced a revamped hotel design approach that provides six new, customizable hotel prototype options Ð one for each region of the world where the brand operates. The prototypes are designed for hotel developers seeking to cost-efficiently expand their portfolios while maximizing revenue.

Hilton Garden Inn
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