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Hospitality Industry Outlook 2024
Travel demand is likely to stabilize in 2024 benchmarking record occupancy and rate. Current trends indicate that the industry is reporting a decline in many markets for leisure travel (Thursday – Saturday as many consumers are getting out priced in the market), while group travel remains strong as Milwaukee will experience in 2024; with a slight increase in corporate bookings (Monday – Wednesday travel). The Industry will see 65+ percent occupancy overall and even higher ADR in 2024.
UN Tourism and Hotelschool The Hague to drive innovation in hospitality
UN Tourism and Hotelschool The Hague, have agreed to partner around the development and execution of pioneering projects in the hospitality industry.
Taking Action: Hospitality DEI Initiatives to Engage and Empower
Previously, we published the Diversity, Equity, and Inclusion Defined article by Gissell Moronta, which gave you an understanding of the terminology and why DEI is important.
Mews raises $110m to accelerate cloud technology in hospitality
Mews, has announced today that it is raising fresh funding of $110m. The round is led by existing investor Kinnevik, alongside Revaia, Goldman Sachs Alternatives, Notion Capital and new investor LGVP. The new funding values the company at $1.2bn.
A giant leap forward for Irish spa Roe Park Resort’s ecommerce journey
Blending traditional Irish charm and hospitality with modern luxury, Roe Park Resort – located within easy reach of the Giant’s Causeway – is one of Northern Ireland’s premier golf and spa destinations.
Garner hotels redefines affordable comfort in hospitality
IHG Hotels & Resorts (IHG), welcomes guests to experience a relaxed and purposefully different stay – where quality meets affordability. Garner hotels – a new midscale brand made with character – reaches exciting growth milestones with two new U.S. openings in Macon, Ga., and Oklahoma City, Okla., as well as plans for global expansion now underway.
Navigating today’s persistent labor shortages in hospitality
In the dynamic hospitality industry, where guest satisfaction reigns supreme, the persistent challenge of staffing shortages has reached a critical juncture. According to a recent survey by the American Hotel & Lodging Association (AHLA), a staggering 67% of hotels are grappling with staffing shortages. This scarcity of personnel is not merely an inconvenience; it is a significant impediment to the industry’s seamless operation.
Bartenders and Hospitality: Serving More Than Just Drinks
That is a fine sentiment, and in a US bar and nightclub industry projected to gross $36 billion in 2023, this still holds true. Versatile, well-trained, and engaged bartenders are still hugely important to a successful hospitality venue even in the age of digital inventory control, wireless pour counters, AI-generated craft cocktail recipes, and confusing wine lists too large to print. In his infinite wisdom, Mr. Tomlinson understands that skilled bartenders often have the hardest job in the house and should be valued, trained, and rewarded.
Marriott Hotels brings hospitality to Japan’s Kyushu Island
Marriott Hotels, part of Marriott Bonvoy’s portfolio of over 30 extraordinary hotel brands, today announced the opening of Nagasaki Marriott Hotel
