JLL: Investors Notice Rise in Luxury Hotel Supply
CHICAGO—The global luxury hospitality industry is undergoing a transformation as luxury hotels have risen in popularity in tandem with rising global wealth and consumers’...
Commercial Real Estate Lending Continued Slowing in Q1 2023
DALLAS—Stress in the banking system and financial market volatility continued to slow commercial real estate lending activity in the first quarter of 2023, according...
Oracle to Expand OPERA Cloud PMS Rollout to an Additional 2,000 Wyndham Properties
AUSTIN, Texas—Oracle is expanding the global rollout of its Oracle Hospitality OPERA Cloud Property Management System (PMS) by announcing plans to bring the system...
NYU SPS and Hotelbeds Collaborate to Explore Next-Gen Tech Startups
NEW YORK and PALMA, Spain—Hotelbeds and the NYU School of Professional Studies (NYU SPS) Jonathan M. Tisch Center of Hospitality have launched a collaboration...
Tripadvisor: Busy Period for Global Travel Expected for Summer 2023
NEEDHAM, Massachusetts—Tripadvisor released its latest Seasonal Travel Index, providing an outlook for global travel patterns and demand over the next three months. The Index...