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CBRE reduced its 2025 GDP projection again, to 1.5% from 1,9%, despite the strong Q2.CBRE reduced its estimate of 2026 GDP growth to 1.8%, from 2.5%. This is below the long-term average of 2.1%. CBRE anticipates that inflation will remain high for longer, with the CPI growth forecast for 2025 increasing by 10 basis points to 2.9%. The forecast for 2026 increases by 30 basis points to 3.0%. Inflation could continue to put pressure on hotel margins and profits. In June, employment continued to increase and unemployment remained stable.Employment increased 1.4% in June while unemployment remained 4.1%. The…

Las Vegas embraces both the high and low. You can land in Las Vegas just as easily. $5,000 per night penthouse suite Enjoy $2 hot dogs, while throwing pennies in one the city’s remaining penny banks coin-operated casinos. Sin City offers many ways to indulge. So when it comes to keeping visitors dazzled and delighted, Vegas pulls out every trick in the book—and a few outside the book, too. Walking along the Strip with its flashing sign lights and sky-high fountain jetsIt’s impossible to not fall into a YOLO-mindset. Las Vegas is called “the heart of American escapism” for a…

Hyatt’s World of Hyatt loyalty program has been expanded to include Bunkhouse hotels. This allows members to earn points and redeem them at participating properties throughout Texas and Mexico. Bunkhouse Hotels’ distinctive creative identity, characterized by their music-led programming and local-focused events as well as their highly-localised design, adds a new dimension to Hyatt’s expanding lifestyle portfolio. The Bunkhouse Hotels’ addition comes after the May integration between The Standard and The StandardX, and marks another step in Hyatt’s strategy to improve its position in the boutique- and experiential-hospitality segment. “Bunkhouse Hotels” are loved by the communities in which they operate.…

Imagine this. Imagine being gently rocked in a blissful sleep by a pianist after an evening filled with world-class cuisine, Champagne, and new friendships. You’re aboard the Orient Express. Instead of taking the train, you sail out to sea.After more than 140 Years of Launching the World’s First most opulent train journeyOrient Express’ name will soon appear on the largest sailing boats in the world. Orient Express Corinthian The following are some examples of how to get started: Orient Express Olympian Setting sail in 2026 or 2027?French hospitality group Accor & the shipbuilders of At Chantiers de l’Atlantique The two…

Everyone deserves to see the world. It’s a dream that is simply more difficult for some people, particularly when they are trying to navigate cities with no wide sidewalks or ramps, climbing too many stairs in a wheelchair without a rail, or using public transportation to get from A to B. That said, there are destinations that are welcoming and accessible to all who are leading the pack—and Wander is here to celebrate them. The company said in its study of the most accessible U.S. destinations that “at Wander, we believe true luxury means inclusive experiences.”  To help travelers find the…

Choice Hotels International Inc. The appointment has been made Aly El-Bassuni As SVP of its Managed Hotels Division. El-Bassuni’s role will be to oversee the strategy, the operations, and the continued momentum of all the managed hotel properties owned by the company. He will focus on helping maximize the performance, improving the guest experience, and driving sustainable, long-term growth. Dom Dragisich said that Aly’s leadership style is hands-on, and his respect for the frontline team, as well as his global perspective, make him a perfect fit to lead Choice Hotels’ managed hotels division. His international experience, strategic vision and operational…

Airbnb has introduced a new feature that allows guests to book domestic stays without having any upfront payment. Airbnb calls this feature Reserve Now, and Pay Later. Hosts can set their own cancellation policy. When a host’s policy is flexible — meaning guests can cancel up to 24 hours before the stay begins — their payments aren’t due until “shortly before” the free-cancellation period ends, Airbnb announced Thursday. The U.S. guest who reserves an apartment or house with a moderate cancelation policy that allows for a refund of the full amount up to five days prior to arrival, will only need…

Reading Time < 1 Then, you can get in touch with us. Austria: Lifestyle brand Miiro is now accepting reservations for its first property and latest addition, Miiro Palace Rudolf.  This property, which is set to open in late November, is situated in a townhouse in the Old Town neighborhood overlooking Rudolfspark.  Palais Rudolf features 64 individually designed rooms, including 2 suites with private balconies. Archisphere’s Gabriel Kacerovsky was responsible for the execution of details. He was assisted by James Thurstan, an interior designer.  Palais Rudolf is led by Dirk-Jan Doek. The restaurant and bar offers everything from coffee to…

It is a good idea to use a different language.Is an overnight train more glamorous? Even when you are wearing your husband’s raincoat while carrying a car seat encrusted with oats, a six-month baby in a carrier, and an Apple core that is slowly fermenting in the side pocket on your backpack?I don’t know. I love travelling by train – even now, when it’s as comprehensively bad as British rail privatisation has made it for, well, just about everyone save a few shareholders and the CEO of Pumpkin Cafe. What about travelling at night time? The whisper of romance from…

Visitors to Greece Don’t miss AthensThe mainland of the country has much more to offer than its capital. I have been a travel adviser in Greece for the past 20 years and have seen travelers go from checking off tourist attractions to seeking out more rich, textured experiences. For those ready to go deeper, the Peloponnese and Northern Greece are two dynamic mainland destinations that offer luxury, history, and authenticity—without the crowds. The Royal Tombs of Aigai are located outside of Thessaloniki. Lumir Pecold/Getty Images Northern Greece What to Do in the Area Thessaloniki’s the cultural capital for the north.…