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JLL projecting 25 per cent jump in global hotel investment volume

Hotel Management

JLL’s Hotels and Hospitality Group is projecting a 15% to 25% increase in global hotel investment volume compared to 2024, according to the companys latest Global Hotel Investment Outlook. Through November 2024, global hotel demand reached a staggering 4.8 Global hotel investment volume reached $57.3

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Record high room rates for Sydney hotels on NYE

Hotel Management

New Years Eve gave Sydney hotels plenty of cause for celebration on December 31. Sydney hotels pulled in record high average daily rate and revenue per available room on the night, according to December preliminary data from CoStar. The post Record high room rates for Sydney hotels on NYE appeared first on Hotel Management.

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How Commission Yields Affect Hotel Profits: A European Case Study

Skift Blog

Skift Take: In the competitive hotel market, commission yields quietly shape profits, and small percentage shifts can mean big revenue swings. In Europe, higher proportions of independent hotels and third-party booking transactions require nuanced strategy and sharp data analysis for optimizing revenue from hotel room sales.

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Taj-Parent Indian Hotels Company Enters Ras Al Khaimah With Branded Residences

Skift Blog

Skift Take: While IHCL is aiming to double its portfolio by 2030 and grow its international presence in markets that host Indian diaspora, Ras Al Khaimah's Al Marjan Island lifestyle destination is being developed as an emerging as a tourism center for the UAE.

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India Is Thailand’s Third-Largest Tourist Market – India Report

Skift Blog

Skift Take: Backed by visa-waivers and increasing spending power, Indians are now playing a key role in the Southeast Asian tourism market. Bulbul Dhawan Read the Complete Story On Skift

Marketing 276
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End of an era as Hilton Brisbane to close after nearly 40 years

Hotel Management

Hilton Brisbane, a landmark hotel in the citys CBD, is set to close its doors at the end of this month after almost 40 years of service. The Elizabeth Street hotel, which was designed by Austrian-born architect Harry Seidler, opened in 1987. Excitingly, in 2026 the hotel will undergo a complete refurbishment.

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Belmond Hotel Group’s Anti-TikTok, Slow TV Marketing Push

Skift Blog

Skift Take: Belmond believes that true luxury will become having the luxury of time. Sean O'Neill Read the Complete Story On Skift

Market 296