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Visa Destinations Could Rewrite Hotel Distribution, Direct Booking Rates Stuck Below 15% Because of Checkout Friction, Hotels Lose Value in Plain Sight

Thursday closed the week with a World Panel viewpoint asking whether Visa's new travel booking product signals a fundamental shift in hotel distribution, Namastay founder Frédéric Robles on why checkout friction, not pricing, keeps direct booking rates stuck below 15%, and HotelPORT on the hidden operational taxes quietly draining hotel value. Strong C-suite appointments, three new property openings from Charleston to Montana, and Langham's circular food waste program rounded out the session.

The Clara Hotel Officially Opens Following Extensive Transformation of Former NYLO Property in Plano, Texas

The Clara Hotel has opened in Plano’s Legacy Corridor following a property-wide renovation and repositioning of the former NYLO Hotel. Owned by NewcrestImage and operating within Hilton’s Tapestry Collection, the 176-room property now features a residential-inspired design, updated guestrooms and public areas, eight specialty suites, flexible meeting facilities, a heated outdoor pool and a revitalized 4,000-square-foot courtyard.