Business Travel Confidence Fell 18 Points Since January, IHG Takes 11 European Hotels from PentaHotels, C-Hotels on a Decade of Hard-Won Scaling Lessons
GBTA's April survey of 500-plus industry professionals shows business travel optimism dropped from 59% to 41% since January, with European pessimism now outweighing optimism and geopolitical instability cited by 79% as the industry's top risk. IHG signed franchise agreements for 11 former PentaHotels properties across Germany, Belgium, and France, adding 1,808 rooms to its European portfolio. C-Hotels co-owner Inge Decuypere shared a decade of practical scaling lessons, including deflagging from a major brand and barely losing occupancy.