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HotelRunner and Visa Announce Global Partnership
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🚀 IHG’s First Candlewood Suites in Iceland
IHG Hotels & Resorts has signed an agreement with ALVA Capital to open its first Candlewood Suites property in Reykjavík, Iceland. The new hotel will convert a former office into a 53-room extended-stay inn in the Hlíðardistrict, close to the city’s main shopping street and key attractions. Over the next 3-5 years, IHG plans to develop up to 500 rooms across Iceland under its suite / extended stay brands, including Holiday Inn Express and InterContinental. Read more.
🙌 HotelRunner and Visa Announce Global Partnership
HotelRunner, a hospitality tech platform, has partnered with Visa to provide embedded and autonomous finance solutions for travel businesses globally. The collaboration aims to help small and medium accommodation providers (guesthouses, boutique hotels) in emerging markets by enabling secure, faster cross-border payments and settlements. It combines Visa’s global payment infrastructure with HotelRunner’s reach in hospitality tech, aiming for financial inclusion in travel. Read more.
The best HR advice comes from those in the trenches. That’s what this is: real-world HR insights delivered in a newsletter from Hebba Youssef, a Chief People Officer who’s been there. Practical, real strategies with a dash of humor. Because HR shouldn’t be thankless—and you shouldn’t be alone in it.
🥇 Chicago Named Best Big City in U.S. (Again) by Condé Nast Traveler
Chicago has been voted Best Big City in the U.S. by readers of Condé Nast Traveler for multiple consecutive years. This recognition reflects strong performance by its hospitality and tourism sectors during the summer, including high hotel revenue and visitor numbers. Officials say it underscores the city’s cultural, culinary, and entertainment strengths that continue to attract both domestic and international travelers.. Read more.
🎯 Hoteliers Adjust to US Government Slowdown
Slowdowns in government-mandated travel—like for trainings and official events—are cutting into hotel room demand, says Paul Breslin of Horwath HTL. He argues that properties in areas dependent on government business are feeling the biggest impact. To adapt, hoteliers are urged to deepen relationships, refine service value, and use platforms like GSA portals to reach official travelers. Eventually, lower volumes in government travel may drag down hotel revenues and asset valuations. Read more.
📈 The Hotel Profitability Tightrope: Growth vs Costs
In 2025, hotels face mounting pressure: revenues are rising but costs—especially labor, maintenance, and overhead—are rising faster. In many U.S. markets, modest gains in revenue aren’t enough to cover escalating expenses, pushing profit margins downward. Luxury and upper-upscale hotels may gain more leeway by driving ancillary spend (F&B, experiences) to absorb cost rises. Globally, the Middle East is bucking the trend with more resilient profits; in Europe and the Americas, margin erosion is more common. Read more.
🌟 Minor Hotels Expands in Egypt with SUNRISE Joint Venture
Minor Hotels has partnered with Egypt’s SUNRISE Resorts & Cruises to form a joint venture aimed at scaling its footprint in Egypt. They plan to manage up to 50 hotels over the next decade across urban and leisure destinations like West Cairo, Ras El Hekma, and Ain Al Sokhna. The pipeline includes operational properties, conversions (brownfield), and new builds in under-developed areas. One highlight: bringing the Anantara Hotels & Resorts brand into Egyptian markets. Read more.
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