July 2024 Hotel & Resort Highlights
July 2024 was a month full of significant updates and announcements from the hotel and resort industry. Here’s a roundup of the key stories you might have missed, along with links to the full articles for more details.
All-Inclusive Resort Market Hits New Heights
The popularity of all-inclusive resorts continues to soar. This month’s feature explores why these resorts are in demand and offers insights from travel experts on how to capitalize on this trend.
Hilton Partners with Small Luxury Hotels of the World
Hilton has expanded its luxury offerings by partnering with Small Luxury Hotels of the World. This collaboration adds 400 boutique properties globally to Hilton’s portfolio, available for booking through Hilton’s channels. Hilton Honors members can now earn and redeem points at these luxury hotels.
Hotel Guest Satisfaction Trends for 2024
The 28th annual J.D. Power North America Hotel Guest Satisfaction Index (NAGSI) Study reveals that luxury and upper upscale hotel guests report the highest satisfaction levels. The disparity in satisfaction between higher and lower segment hotels is attributed to cost-value differences.
IHG Hotels & Resorts Launches Low Carbon Pioneers Program
IHG Hotels & Resorts introduces the Low Carbon Pioneers Program, uniting hotels with low carbon footprints under one initiative. This program includes properties like Holiday Inn Express Madrid Airport and Kimpton BEM Budapest, all certified for low carbon emissions.
Hyatt’s Inclusive Collection Enhances Travel Advisor Platform
Hyatt’s Inclusive Collection marks the first anniversary of its Confidant Collective travel advisor platform. The updated platform now features expanded resources, improved functionality, and dedicated support for niche and group specialties.
Hyatt Reportedly Close to Acquiring Standard International
Hyatt is rumored to be in the final stages of acquiring Standard International, which operates several global hotel brands, including The Standard Hotels and The Peri Hotel. Details on the acquisition timeline are still forthcoming.
Hotel Industry Adds 700 Jobs in June
The American Hotel & Lodging Association reports that the U.S. hospitality sector added 700 new jobs in June. Despite high wages and benefits, the industry still faces a significant labor shortage, prompting calls for expanded H-2B visa programs.
European Hotels Exceed RevPAR Expectations
Accor’s latest data indicates that revenue per available room (RevPAR) in Europe is expected to rise by 4-5% this year, surpassing earlier forecasts. This growth is driven by continued travel demand, particularly in luxury and lifestyle segments.