Abu Dhabi-based Modon Holding and Montage Hotels & Resorts have announced Montage Ras El Hekma, which will introduce the first branded residences for purchase at Ras El Hekma on Egypt’s Mediterranean coast. This is the first Montage resort in Egypt – supporting the emerging city’s growth as a global hub for leisure, business and tourism.
HVS Asia Pacific's weekly roundup covers four transactions: Pro-invest acquires Sydney's Coogee Sands for AUD100M, Shama Hollywood Hong Kong sells for HKD203.8M, Cairns Harbourside Hotel sold for AUD30M, and Shun Ho Property executes a HKD48.1M share buy-back.
HVS analysis of Myrtle Beach shows branded upper-midscale-and-above hotels surpassing 2019 metrics while the broader market trails, with revenues at $990M in 2025 versus a $1.1B peak in 2021.
Issue 15 of the LAC Hotels Monitor covers Q-period performance across the Caribbean and Mexico, with Total Caribbean RevPAR up 5.1% but Mexico destinations posting GOPPAR declines of up to 13.1%.
A revenue manager in Austin discovered guests booking at 2-4 AM to capture lower rates, revealing new competitive dynamics in hotel pricing.
Analysis argues that rising specific hotel searches reflect Google's failure at discovery, not AI success, with social media and creators driving inspiration instead.
A hospitality HR executive reports that 25% of resumes are automatically rejected due to AI plagiarism detection, highlighting growing industry concerns about authenticity.
The author argues luxury hotels must prioritize experiential offerings over traditional grandeur while maintaining core service excellence as competition intensifies.
PwC survey shows 71% of Americans will spend same or more on summer travel, with Memorial Day travelers averaging $898 and AI adoption rising among younger travelers.
The September 2026 EU directive will require destinations to back all sustainability claims with verifiable evidence, ending narrative-led messaging.
Friday closes the week with a sharp viewpoint on the AI connector model, IHG's biggest India deal of the year, and Paris occupancy hitting a 10-year high on Olympic legacy.
The technique involves offering a small concession like comp rooms or waived fees to secure agreement when clients show buying signals but hesitate to commit.
Shiji's Mexico market manager discusses hospitality trends and opportunities ahead of the upcoming FIFA World Cup tournament.
The Ascott Limited (Ascott) today announces that lyf Chinatown Singapore will open its doors on 3 July 2026, with bookings available from 15 May 2026 onwards. The 90-unit property marks the fifth lyf-branded property in Singapore. The development has been thoughtfully designed to honour the area’s rich cultural and heritage significance, which carries a long history tied to the Chulia community.
The portfolio spans 1,500 keys across Jaipur, Navi Mumbai, Mangaluru, and Thiruvananthapuram, marking Kimpton's India debut.
voco Darwin Suites has officially opened its doors in the heart of the city centre, bringing IHG Hotels & Resorts' fast-growing premium brand to the Northern Territory for the first time. The new-build hotel also marks the debut of a voco Suites product in Australia, with one- and two-bedroom suites blending the convenience of self-sufficient facilities with a productive work environment, all while retaining the playful characteristics of voco.
The piece argues that AI-driven guest interactions make accurate, governed content across all digital channels more operationally critical than traditional hotel systems.
HBX Group's 2026 report identifies fandom tourism as a major trend driving hotel demand through concerts, TV shows, and cultural events that create booking spikes.
The comprehensive guide covers OTA business models, commission structures, and strategic advice for hotels to balance OTA distribution with direct booking initiatives.
Gravity Haus acquired management agreements for three former LOGE properties in Washington and Montana, expanding to 13 total locations.
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