⚡ Marriott Sees Global Hotel Demand Rise, But U.S. Cooling Off

⚡️ Top Hotel News

🤔 Marriott Sees Global Hotel Demand Rise, But U.S. Cooling Off

⚡ Marriott International, the world's largest hotel company, released its first quarter 2024 earnings results on Wednesday. While raising its profitability forecast for the full year, the company noted some concerning signs that domestic leisure travel demand in the U.S. may be normalizing after the post-pandemic travel boom. Read More.

💡 Choice Hotels Shares Vision to Take Brands to 'Next Level' at Annual Convention

⚡ Choice Hotels International commenced its 68th annual convention in Las Vegas yesterday, a three-day event featuring over 100 educational and brand sessions, a trade show, and other elements aimed at equipping its over 6,600 registered attendees, including more than 1,100 exhibitors, with the tools and insights to leverage Choice's robust franchisee support system, capitalize on burgeoning leisure and business travel demand, and reinforce the company's strong competitive positioning. Read More.

🚲 Hyatt Expands Fitness Amenities with Peloton Bikes in 800 Locations

⚡ Hyatt and Peloton unveiled a partnership on Wednesday to provide Peloton's branded exercise equipment and classes at over 800 Hyatt properties worldwide this year, focusing on encouraging Hyatt guests and Peloton members to maintain their fitness routines while traveling. Read More.

🛎️ Early Bird Bookers Driving Revenue Gains for Hotels, Per Cloudbeds

⚡ According to Cloudbeds' 2024 'State of Independent Lodging Report', travelers booked accommodations further in advance across Europe, Latin America, and Asia-Pacific in 2023 compared to the prior three years, signaling an increase in average booking lead times globally except in North America. Read More.

🏆 Tripadvisor's 2024 U.S. Hotel Award Winners Determined by Visitor Feedback

⚡ Tripadvisor, the leading global travel platform, has unveiled the 2024 winners of its prestigious Travelers' Choice Best of the Best Hotels Awards. The top-ranked resorts and hotels named to this exclusive list represent the highest echelon, placing them among the top 1% of over 8 million hotel properties featured on Tripadvisor's site based on exceptional traveler reviews and ratings. Read More.

💰 Blackstone Acquires W Fort Lauderdale From Related for $98 Million

⚡Major real estate players Related Companies and Blackstone completed a $97.6 million deal for the 346-room W Fort Lauderdale oceanfront hotel. The sale price marks a significant discount from the prior listing price for the 19-story property located in Florida. Read More.

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