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The 8 Travel and Hospitality Trends That Defined 2024
2024-12-16 18:15:31| Hotel Resource
The hospitality and travel landscape in 2024 reflected the challenges of a global economy under pressure. Rising prices and relatively stagnant wage growth tightened disposable incomes, forcing consumers to rethink travel ideas.
Category:
Hospitality
LATEST NEWS
Ink48 Hotel in New York City's Hell's Kitchen Sold for $62 Million
2024-12-16 18:07:25| Hotel Resource
The Ink48 Hotel, which has 226 rooms, was bought for $275,000 per key, making it one of the most economical purchases of a renovated hotel in Manhattan in recent years
Category:
Hospitality
U.S. Hotel Industry Boasts Strong December Start and Group Demand Surge
2024-12-16 18:02:28| Hotel Resource
Globally, excluding the U.S., RevPAR advanced by 9.1%. Japan and Canada led the way with significant RevPAR growth. The impact of China's economic stimulus on hotel industry performance remains to be seen.
Category:
Hospitality