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CoStar You can also find out more about the following: Tourism Economics Further downgraded growth forecasts were released in the revised U.S. Hotel Forecast for 2025-2026 at the 17th annual Hotel Data Conference. Due to the continued poor performance and increased macroeconomic concerns, growth rates have been lowered for all top-line metrics. These include demand (-0.6ppts), average daily revenue (ADR) (-0.5ppts) as well as RevPAR(-1.1ppts). Similar adjustments have been made for 2026. These include: ADR (-0.3ppts), RevPAR (0.7ppts), Demand (-0.5ppts). Amanda Hite is the president of STR. She said that “unrelenting inflation and uncertainty, combined with difficult calendar comps and…
Booking Platform Profitroom The launch of a virtual assistant that is designed to drive direct bookings for hoteliers and pub owners. This means more than 3,500 operators globally with Profitroom can upsell personalised packages around the clock and consistently deliver high-quality guest experiences, without adding to staff workloads. The AI Agent tool provides real-time multilingual support to guests across multiple channels, including hotel websites, Messenger, and WhatsApp. The tool, powered by AI, automatically responds with tailored packages, and increases conversions by guiding the user through the booking process using personalized prompts and “Book Now” buttons. AI Agent seamlessly integrates with…
New Canaan is a wealthy suburb that would be easy for anyone to dismiss. Connecticut suburbRalph Lauren Americana is a common sight, as are Ivy League memories and weekend golf. And, depending on where you’re visiting from, maybe that’s part of the draw—to see how the one-percent lives, to saunter down Elm Street as though you, too, own real estate in the 06840. But there’s something unexpectedly enticing about New Canaan’s picture-perfect topography—a creative energy that drew forward thinkers like the Silvermine Art Colony, who gathered in a barn to challenge portrayals of the pastoral, or the Harvard Five, who…
Four Seasons Hotel Baku: Images Four Seasons Hotel Baku announces the appointment of Saakshee Gahlawat as its new General Manager, bringing with her more than 15 years of international experience in luxury hospitality and a profound dedication to service excellence. Saakshee was born in Udhampur in India. She holds a Bachelor of Science degree in Business Management from the University of London with a focus on Human Resources, and a Certificate of Higher Education (CHE) in Hospitality, from Oxford Brookes University. Saakshee’s career spans diverse geographies, including the USA UK Bermuda and Southeast Asia where she worked with multi-cultural and diverse teams. In…
You may be closer to one of the top theme parks in the world than you think. Dollywood, located in the Smoky Mountain Tripadvisor’s latest list ranked the Pigeon Forge region in Tennessee as the number one theme park in the United States. It was also the highest-ranking U.S. park. The destination is popular with families and thrill-seekers. It includes a themepark that features roller coasters and other rides and shows as well as Dollywood’s Splash Country, a 35 acre waterpark. Dollywood is ranked number one on Tripadvisor. Tripadvisor’s Best of the Best Awards In the category of theme parks, Disney’s Magic…
Canadians shift their travel focus from the U.S. towards global destinations amid trade tensions – Image Credit: Unsplash Due to the ongoing trade tensions, Canadians are choosing international destinations more than U.S.-bound trips. Canadians are spending more money on travel to Buenos Aires and Osaka. Recently, Canadians have re-evaluated their vacation plans and are now choosing international destinations over the United States. This is due to the continuing trade tensions between Canada and the US. Kelly Bergquist, an Edmonton resident who used to visit the U.S. every year, now considers destinations such as Mexico and the Balkans. Her sentiment…
voco Hamburg — Photo by IHG The Hamburg-based hotel group NOVUM Hospitality and IHG Hotels & Resorts areAnother project has been signed under the voco brand, a lease for a new voco Hamburg – Altona with 143 rooms. This is the second project in the strategic partnership between the two hotels companies, following the voco Berlin Alexanderplatz that was announced in June. Location in Hamburg-Altona is excellent The future voco Hamburg-Altona is being built on Schleswiger Straße, in the immediate vicinity of Hamburg-Altona station, one of the Hanseatic city’s most important transportation hubs. In the western part of the city,…
There’s one more major holiday weekend to enjoy before summer ends: Labor Day Weekend. While the official holiday falls on Sept. 1, the long weekend really begins the Friday before on Aug. 29—or even Thursday, Aug. 28, if you’ve got a little PTO to spare. Now’s the time to start booking those fall getaways and mapping out your winter travel plans—but don’t pack away the swimsuits and flip-flops just yet. This year’s top trending destinations have all the essentials for a final summer escape—sun-soaked beaches, island breezes, and plenty of warm weather. They also promise more, including the chance to…
Accor may be in the midst of a strategic shakeup, again: The latest sign is that it is considering an IPO in the U.S. for its joint venture Ennismore, which is currently looking at bankers, Skift has learned from a source familiar with the plans. Skift reported in October that LVMH had secured the option to purchase Accor’s Orient Express by 2027, as part of a partnership signed last year. It will take some time for an Ennismore IPO to materialize. Then comes the more difficult question: How much is Accor’s rest worth? What should its new strategic plan be? An Accor…
Arbor Lodging Partners has acquired Eaglewood Resort & Spa, a 295-room, full-service resort located in Itasca, IL, directly adjacent to the Medinah Country Club. The resort is only four miles from O’Hare International Airport. It’s also close to the downtown Chicago area. The property, which is located on 102 acres, offers 39,000 sq. ft. of meeting space, an 18-hole USGA-certified championship golf course, and a range of wellness and leisure amenities including multiple F&B outlets, a full-service spa and bowling alley. “We are thrilled to add Eaglewood Resort & Spa to our portfolio as a distinctive asset with strong fundamentals…