According to a recent Global Construction Pipeline Trend Report from Lodging Econometrics (LE), the top three hotel franchise companies with the largest pipelines in the world are: Hilton Worldwide with 1,471 Projects/238,904 Rooms; Marriott International with 1,458 Projects/234,734 Rooms; and Intercontinental Hotels Group (IHG) with 1,184 Projects/187,212 Rooms. These three companies account for 37% of the world’s 11,130 projects.
Among these three franchise companies, Hilton leads in Europe, the Middle East and China. Marriott leads in North and South America and IHG, while having fewer projects in China than Hilton, still has more projects in the greater Asia Pacific region overall.
According to a new survey from Oracle Hospitality, 20 percent of millennials polled checked into a hotel using a mobile device, while 46 percent had booked a room using similar means. When evaluating employers’ use of technology, 36 percent of millennials who worked in hospitality said there was much room for improvement. Read more here.
While the Cuba travel market is tempting for travelers, it is proving to be frustrating to arrange trips to the island, with strong demand beating out the country’s level of supply. Though U.S. tourism has grown 70 percent in the past year, there is a lack of upscale, centrally-located hotels for tourists. Marriott expects to begin opening hotels in Cuba as early as 2017. Read more here.
Although Airbnb’s home city of San Francisco has taken steps to regulate the short-term rental service, a new report shows that most rentals are breaking the law in one way or another. A policy analysis released by the city shows that most home-sharing operators have not registered with the city’s Office of Short-Term Rentals. At the end of 2015, 1,082 applications were received, but that means that nearly 80 percent of Airbnb’s 5,378 unique hosts in San Francisco did not register. Additionally, since February 2015, approximately 26 percent of home listings where the host is not present were apparently rented for more than 90 nights per year, which violates the city’s 90-night limit. This news comes on the heels of U.S. investment bank Cowen & Company’s forecast that Airbnb will process $12.3 billion in reservations this year, up from roughly $7.2 billion in 2015. Read more here.
According to brand consultancy firm L2’s annual list of digitally savvy hotel brands in the upper-upscale and luxury sectors, increasing numbers of hotel brands are investing in post-booking features and content geared toward trip planning. Marriott Hotels scored the highest in terms of its digital offerings. Read more here.
Though politicians have successfully raised the minimum wage for hotel workers in some areas, like Los Angeles, it has often gone unnoticed that obscure loopholes cut union workers out of the equation, leaving them without the paycheck boost that non-union workers are receiving. Read more here.