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The currency volatility in 2025 has hurt the earnings of some of the biggest hotel chains. While those reporting in euro and baht have suffered, U.S. chains appear to be largely unaffected. Accor, Meliá Hotels, and Minor International all reported currency-related losses that offset solid operational performance. Hilton and Wyndham based in the United States, which report earnings in dollars did not mention currency exchange impacts during their earnings calls and appeared to be protected from similar pressures. In the first six months of 2025, the U.S. index fell 10.8% following the Trump Administration’s April tariffs. The dollar’s sharp decline…
CoStar’s data shows that the U.S. hospitality industry experienced a decline in comparisons between weeks ending July 26 and those of the previous year. July 20-26: Occupancy: 71.5% (-0.7%) ADR: $164.88 (-0.1%) RevPAR:$117.88 (-0.8%) St. Louis, among the 25 top markets, reported the highest occupancy rise (+5,7% up to 70.9%). Houston experienced the largest declines for each of the key performance metrics, including occupancy (-19.7% – to 61.1%), average daily rate (ADR) (-7.7% – to $117.02), and RevPAR(-25.9% – to $71.54). These decreases can be attributed to the high demand for displacement that followed Hurricane Beryl. Post U.S. hotel results…
It can be an unforgettable experience to travel the world with your pet. Travelers should review all local and foreign regulations carefully before taking their pet on a flight. When traveling with a pet, there are many regulations and requirements for documentation. These documents are often called “pet passports.” traveling with pets Even within the United States, there are many international companies. Travel + Leisure We have gathered the latest information to make sure your pets are safe and comfortable on their trip. Travel within the United States Taking a road trip A flight or additional paperwork can be required for…
Italy It would take weeks to see all of the country, but most travelers don’t. Italy is a large country that could take weeks to explore, but many travelers don’t have the time. I’ve been planning trips to Italy for decades, and this is the perfect itinerary for busy travelers, plus some extra tips to make your trip as smooth—and speedy—as possible. Days 1 & 2: Rome The Spanish Steps in Rome and the Barcaccia Fountain. Artur Bogacki/Getty Images Begin your journey by Rome. You can explore the city, taking in its ancient ruins and historic architecture. Rome is known…
Images by The Ritz-Carlton DIFC Rogelio Castro, the Ritz-Carlton’s new assistant manager for marketing, has been named to its leadership team. This will help it further strengthen its brand position in the region. De Castro has more than eight-years of experience in hospitality, and has a track record that includes communications, brand strategy, and digital storytelling. Most recently, he served as the cluster PR and Communications executive for Radisson Blu Hotel Dubai Waterfront and Radisson Blu Hotel Dubai Canal View, both in Business Bay. He began his career in the UAE at the Radisson Blu Hotel Dubai Deira Creek where…
Living in New York City It has many benefits, but one thing that always seems to be missing is space. Second is the quiet. When I was looking for Airbnbs during a long weekend in the UK, I wanted to find somewhere quiet. CharlottesvilleFor a baby shower for a close friend, I didn’t find the apartments or townhouses near the college in. For that reason—and to be closer to some of the wineries my travel buddy and I wanted to visit—I expanded our search to include the wider Charlottesville area, and came across this gem of a property in Crozet,…
The debut of a new chapter in hospitality is underway today in the heartland of Virginia’s hunt and wine country. Hotel BurgBoutique hotel with timeless charm. The 39-room hotel is nestled in the historic King Street. It’s a modern tribute to the history of the region, designed to be both intimate and grand. The 39-room property is a modern homage to the history of the region, designed to feel at once intimate and grand, familiar and rare. EXQUISITE DESIGNS, ROOTED IN POSITION Kevin and Remington Ash, owners of Madison DaleIn collaboration with local design company wldwst A renowned architect Michael…
Aug. 7-8: ETA Eridanids peaksFull Sturgeon Moon, August 9, 2009August 11: The Moon TangoVenus joins Jupiter on Aug. 11-13Aug. 12-13: Perseid Meteor Shower PeaksAugust 19: Optimal Mercury viewingAugust 26: Crescent Moon and Mars A summer night under the stars is hard to beat, especially when the Milky Way’s core shines brightest in August. In late August, the annual astronomical event returns. stronger-than-average northern lights season to high-latitude destinations like Iceland You can also find out more about the following: GreenlandNot to mention striking planet-moon and meteor shower peaks. The night sky in August is filled with many beautiful sights. Don’t…
Iberostar’s sustainability report says that rooftop solar, electrification and renewable energies contracts will help reduce greenhouse gas emission. The Spanish hotel group that operates more than 100 properties around the world reported a 17% reduction year-over-year in its Scope 1 & 2 greenhouse gas emission for 2024. Scope 1 emissions are those that Iberostar directly owns or controls. For example, fuel for boilers. Scope 2 is the indirect emissions that are a result of electricity and energy purchased. Skift reported that the company’s progress was largely due to switching hotel operations in Spain over to 100% renewable energy after gaining…
Avis Budget announced a luxury service recently: AvisFirst. Customers can arrange curbside pick-up and drop-off at the airport.The service is now available at Denver, Honolulu and Palm Beach airports. Avis Budget Group has introduced a new luxury service that allows customers to avoid the long lines at airport car rental counters and shuttles. The new curbside services, also called Avis First’s rental car service will deliver cars to airport terminals. according to the company. The new service can be found at the major airports of Denver, Honolulu and Palm Beach in Florida. Avis CEO Brian Choi said: “I remember hauling strollers…