Hotel Industry News

PhocusWire's in-depth coverage of the hotel sector, featuring news, analysis, interviews, research and more on B&Bs, hotels, guesthouses and other property types.

The hotel sector is undergoing significant transformation, powered by new technologies, evolving guest expectations, and a renewed focus on direct booking and operational efficiency. PhocusWire delivers the latest hotel industry news, covering the strategies and innovations shaping the future of global hospitality.

Hotel chain developments, hospitality trends, and market shifts

Stay updated on how hotel brands are expanding, restructuring, and embracing digital platforms to elevate the guest experience. From contactless check-in and AI-powered pricing to loyalty evolution and branded residential offerings, our coverage tracks the industry’s response to changing demand and competitive pressure.

Blackstone acquires hotel accounting tech specialist M3
News / Technology
Blackstone acquires hotel accounting tech specialist M3
By Linda Fox | August 16, 2024
M3, which was founded in 1998, provides a back-office accounting software platform as well as labor management and business intelligence tech to more than 8,000 properties in North America. Read More
PhocusWire's weekly travel tech news briefs: Holibob, RedAwning, Cloudbeds, AirDNA and more
News / Online
PhocusWire's weekly travel tech news briefs: Holibob, RedAwning, Cloudbeds, AirDNA and more
By PhocusWire | August 16, 2024
Keep up with all the latest people, product and partner news from around the global travel industry in PhocusWire's weekly roundup. Read More
Latin America super app Rappi on using its travel products to drive loyalty
News / Online
Latin America super app Rappi on using its travel products to drive loyalty
By Mitra Sorrells | August 15, 2024
 About a year after Rappi partnered with Marriott in Mexico, the integration has extended to the super app’s users in Colombia, Chile, Peru, Brazil, Argentina and Uruguay.    Read More
Earnings roundup: TUI Group, TBO Tek, Yatra, Mondee
News / Online
Earnings roundup: TUI Group, TBO Tek, Yatra, Mondee
By Mitra Sorrells | August 15, 2024
As publicly traded travel companies continue to report their earnings quarter that ended June 30, we round up the latest reports. Read More
OYO raises $174 million in Series G funding
News / Startups
OYO raises $174 million in Series G funding
By Linda Fox | August 13, 2024
The company says the funding, which has come from a number of investors including OYO founder Ritesh Agarwal, will go toward growth. Read More
AI-powered travel technology company FLYR raises $295M
News / Technology
AI-powered travel technology company FLYR raises $295M
By Morgan Hines | August 8, 2024
The funding will be used to speed FLYR’s delivery of modern reservation systems, to allow AI-based decision automation and to elevate digital channels for airlines and hospitality brands. Read More
IHG bookings from own channels hit 80%
News / Technology
IHG bookings from own channels hit 80%
By Linda Fox | August 8, 2024
Holiday Inn-parent IHG shares progress on its investments in technology and loyalty, including the implementation of a new revenue management system and property management system. Read More
Seeking “deeper engagement,” Tripadvisor launches in-app hotel bookings
News / Online
Seeking “deeper engagement,” Tripadvisor launches in-app hotel bookings
By D.J. Catron | August 6, 2024
A partnership with Hopper’s HTS will power in-app booking for Tripadvisor, which also announced that revenues for the second quarter rose by 1% year over year.   Read More
Digital tipping growth offers corporate travel an avenue to examine policies
News / Technology
Digital tipping growth offers corporate travel an avenue to examine policies
By Michael B. Baker – Business Travel News | August 6, 2024
Grazzy is one of several platforms that hotels are adopting to offer digital tipping opportunities to customers, and other service providers that traditionally have relied on cash tips have been adding... Read More
5 things to know about the U.S. hotel market
News / Online
5 things to know about the U.S. hotel market
By Phocuswright Research | August 5, 2024
Phocuswright shares data from its U.S. Travel Market Report 2023-2027 series, which includes detailed analysis of five segments: hotel and lodging, airline, car rental, cruise and packaged travel. Read More
Is there untapped potential in hospitality subscriptions?
News / Online
Is there untapped potential in hospitality subscriptions?
By Morgan Hines | August 5, 2024
Travelers’ increased interaction with a brand could lead to high customer lifetime value - that’s where a hospitality subscription could provide real value as a stepping stone, experts say. Read More
Sabre raises 2024 outlook as Q2 results exceed expectations
News / Online
Sabre raises 2024 outlook as Q2 results exceed expectations
By Mitra Sorrells | August 1, 2024
Sabre's Q2 revenue was $767 million, with about 90% of that attributed to its Travel Solutions business that includes distribution and IT services for suppliers and buyers.   Read More
The power of data and AI for effective distribution and digital marketing in hospitality
News / Distribution
The power of data and AI for effective distribution and digital marketing in hospitality
By Mitra Sorrells | August 1, 2024
Cloudbeds’ Sebastien Leitner and Mirai’s Javier Delgado discuss how technology can help hoteliers create a great experience for guests that keeps them coming back.     Read More
How fintech companies are progressing in the travel space
News / Online
How fintech companies are progressing in the travel space
By Linda Fox | August 1, 2024
Whether they believe they can remove friction and/or offer something better than existing travel companies, payment specialists and financial institutions are looking to increase their stake in the... Read More
Amadeus reports revenue and profit gains for Q2 2024
News / Distribution
Amadeus reports revenue and profit gains for Q2 2024
By Linda Fox | July 31, 2024
Amadeus reported double digit increases in group revenue, air IT and hospitality in the second quarter of 2024. Read More
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