Markets & Performance

The US hospitality workforce is back to pre-pandemic levels. That doesn’t mean a daily housekeeping renaissance

The U.S. hotel industry notched a big win in the latest jobs data: The American hospitality and leisure sector — which includes restaurants and hotels— is back to pre-coronavirus pandemic levels.

thepointsguy.com

thepointsguy.com

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Markets & Performance

The US hospitality workforce is back to pre-pandemic levels. That doesn’t mean a daily housekeeping renaissance

European Hospitality Sector Experiences Unprecedented Levels of Brankruptcies

European Hospitality Sector Experiences Unprecedented Levels of Brankruptcies

Eurostat data shows that ever since the outbreak of the COVID-19 pandemic, the hospitality sector in Europe has seen elevated levels of bankruptcies, culminating in Q2 2023. Compared to other verticals such as the ICT industry, the hospitality secto...

Statista

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Markets & Performance

European Hospitality Sector Experiences Unprecedented Levels of Brankruptcies

US Hotels Post Highest Weekly Occupancy of the Year So Far

As the spring travel season approaches, U.S. hotel occupancy is blossoming week over week even as rate growth slows.

STR

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Markets & Performance

US Hotels Post Highest Weekly Occupancy of the Year So Far

Hotel Staff Shortages Threaten to Push Travel Costs Even Higher

Hotel owners have been on an epic hiring spree. Yet even after clawing back hundreds of thousands of jobs during the past two years, the industry is still light on staff and often struggling to adapt.

The Wallstreet Journal (WSJ)

The Wallstreet Journal (WSJ)

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Markets & Performance

Hotel Staff Shortages Threaten to Push Travel Costs Even Higher

The enormous challenge to Israel’s hotels

The enormous challenge to Israel’s hotels

The year 2023 was promising. Hotel occupancy was up and an expectation to serve 3.9 million tourists this year was encouraging.

The Jerusalem Post

The Jerusalem Post

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Markets & Performance

The enormous challenge to Israel’s hotels

Leisure travel isn’t just back, it’s at capacity - 2023 PwC Holiday Outlook

Leisure travel isn’t just back, it’s at capacity

PwC Hospitality & leisure

PwC Hospitality & leisure

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Consumer Trends

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Markets & Performance

Leisure travel isn’t just back, it’s at capacity - 2023 PwC Holiday Outlook

Blackstone’s Kathleen McCarthy: Hospitality has been a conviction theme for us for a long time

Kathleen McCarthy, Blackstone global co-head of real estate, joins CNBC’s Delivering Alpha 2023 conference to discuss the state of the real estate market, where the best plays are right now, why diversification is key, and more.

cnbc

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Real Estate & Investment

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Markets & Performance

Blackstone’s Kathleen McCarthy: Hospitality has been a conviction theme for us for a long time

China’s Tourism Sector Prospects in 2023-24

China’s tourism industry is witnessing a robust resurgence in 2023, characterized by evolving traveler preferences both domestically and internationally. On the home front, eased travel regulations combined with rising incomes are spurring interest ...

Asia Briefing Ltd.

Asia Briefing Ltd.

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Consumer Trends

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Markets & Performance

China’s Tourism Sector Prospects in 2023-24

Business travel recovery stalls as companies seek to cut costs and emissions

The recovery in business travel has stalled this year amid record price rises for premium flights and growing pressure on big companies to cut their carbon emissions. Europe’s three major airline groups reported a drop in the rate of recovery in cor...

ft.com

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Environment & Sustainability

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Business Travel

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Markets & Performance

Business travel recovery stalls as companies seek to cut costs and emissions

Rising prices for travel yet to curb wanderlust

The post-pandemic travel boom and the high ticket prices that come with it show no signs of slowing well into next year, despite economic uncertainty and dwindling household savings.

reuters.com

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Consumer Trends

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Markets & Performance

Rising prices for travel yet to curb wanderlust