News

You Think the Management Contract Is About the Fee. It's About 133 Provisions, and the Fee Isn't the One That Hurts You

A 50-year hotel consultant breaks down the 133 provisions owners should negotiate in a management contract, arguing the base fee is the least impactful term while buyout rights, revenue definitions, and vendor rebates cause far greater financial damage.

IHG Launches AI Search Across 7,000+ Hotels, WTTC Shifts Tourism Success from Arrivals to Resident Satisfaction, Canada's Pipeline Hits a Record 345 Projects

Wednesday closed July with IHG launching AI conversational search in beta across its 7,000-plus hotels with agentic booking features planned next, WTTC's seven principles redefining destination success around resident wellbeing rather than visitor volumes, and Lodging Econometrics reporting Canada's hotel construction pipeline at an all-time record of 345 projects. Budapest's 15% RevPAR surge, Booking.com's APAC happiness index, and openings from Cincinnati to Majorca rounded out the session.