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CBRE: Steady growth in 2025 as urban locations continue to outperform

Hotel Business

The sectors resilience and the sustained demand for higher-priced hotels bode well for the upcoming year. With numerous events planned for the next few yearsincluding the 2026 FIFA World Cup held in the U.S., Mexico and Canada; the 2028 Summer Olympics in Los Angeles; and the U.S.’

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The GDS: Low Cancellation Rate and One of the Highest ADRs

Revenue Hub

from 2025 to 2028. By 2028, the business segment is forecasted to reach over US $2.0 At the Evergreen Laurel Hotel, in addition to low cancellation rates, Magali likes the fact that GDS reservations are guaranteed in the event of no-shows. This year, global spend is expected to increase by 11.1%

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RLJ Lodging Trust acquires Denver’s Hotel Teatro for $35.5M

Hotel Business

RLJ Lodging Trust has acquired the fee-simple interest in the 110-room Hotel Teatro in Denver for a purchase price of $35.5 The city is a premier tourism destination serving as the gateway to the Rockies and a top destination for sporting events with five major professional sports teams, as well as several top collegiate sports teams.

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Custom Restaurant POS Software Development Services and Features

LimeTray

million users by 2028 , highlighting just how essential these tools are becoming. Specialized features such as multi-location tracking and dynamic pricing can further help organizations optimize revenue. Mobile POS systems offer a lightweight, portable solution for food trucks, pop-ups, and events. Curious about how it works?

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IHM’s topsy-turvy Z-A: What to expect in hospitality and real estate in 2023

Boutique Hotel News

NREP is committed to becoming entirely carbon neutral by 2028 – encompassing both operational and embodied carbon – and the new internal carbon tax will be a key driver in this ambition. Cultural events, F&B, coworking spaces and more can help to showcase the local area and drive footfall.