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PwC Consumer Sentiment Survey - Summer 2024

Hospitality Net

A consumer spending revival may be on its way for the second half of 2024. Favourable economic indicators, combined with the highest consumer sentiment in three years, could fuel a more positive finish to the year for some retailers. While there’s an intention for more spending, the majority of consumers are planning cutbacks.

Consumer 189
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365 Retail Markets acquires Impulsify

Hotel Business

365 Retail Markets , a global provider of unattended retail technology, has acquired Impulsify Inc., a Denver-based retail technology firm focused on providing grab-and-go experiences in hotels and multi-family communities. The post 365 Retail Markets acquires Impulsify appeared first on hotelbusiness.com.

Retail 59
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The Star sells Sheraton Grand Mirage Resort to family consortium for $192 million

Hotel Management

Global luxury resort liquidity is at an all-time high, as investors and operators are increasingly attracted to hotels such as the Sheraton Mirage, which addresses consumer preferences for more authentic travel experiences post pandemic.

Resorts 264
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Benefits of a Tablet: How Smart-Room Tablets Increase Hotel Retail Revenue

Intelity

There are many benefits of a tablet placed bedside in hotel rooms, including driving non-room revenue through guests’ retail purchases If you haven’t made a digital retail store readily available to your hotel’s guests, you’re quite literally leaving money on the table. Request a demo today.

Retail 80
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Pro-invest Group to open 2,000 apartments under new ‘flexible living’ model

Hotel Management

The latest venture will see the company own and operate approximately 2,000 apartments across 10 assets in its first tranche of development; with plans to scale up to the size of its current hotel business at around 6,000 keys.

Retail 130
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JLL: Global hotel investment volume to accelerate in ’24

Hotel Business

The evolution and power of hotel brands for consumers and investors: Global hotel brands have evolved beyond a means of diversifying customer segmentation to now representing a hotel’s value for travelers, operators and investors.

Consumer 126
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SEQ Tourism and Hospitality Development Opportunity, North Lakes Queensland

Hotel Management

City of Moreton Bay Mayor Peter Flannery predicts the 17,200sqm site will provide economic development for the region through delivering a true mixed-use development with a variety of potential uses including, but not limited to, hotel accommodation, residential apartments, restaurants, retail, commercial and recreation facilities.

Tourism 130