Hilton’s new brand is a long-delayed acknowledgment that a certain type of traveler wants the space of a residential apartment along with the consistency, on-site staff, and loyalty points of a hotel.
With attendee retention stalled in the low 30% range, event organizers must replace nearly 70% of their audience each year. Improving retention may be one of the most effective ways to offset rising event costs.
India's current tourism revenue makes one thing crystal clear: Just talking about the importance of tourism without an actionable strategy is a short-sighted move, and the country doesn't seem to get beyond rhetoric.
The world may be looking to get more Indian travelers, but not every country is keen on it, even if India is a low-hanging fruit sitting right beside it.
Hotel Equities will manage 13 TAJ Hospitality hotels in Lubbock, Texas, expanding its Texas portfolio to 29 properties across the state. Plus, more hotel deal and development news.
Better late than never: Soho House has secured $200 million in alternative financing after an earlier effort failed. It aims to close its go-private deal by January 31.