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1748 posts

[[ 18 ]]

Marriott’s strong travel demand fuels growth into 2025

  • Automatic
  • 12 February 2025
🏨 Marriott's performance in Q4 and full-year 2024 showcased global RevPAR growth. On Feb 12, 2025, CEO Anthony Capuano highlighted strong demand in leisure, business transient, and group travel. Leisure led with 44% of global room nights and a 6% RevPAR increase, while business transient made up 33% with a 3% rise globally. The company's development pipeline reached over 577,000 rooms after a record number of deals in 2024. Marriott also plans to introduce an outdoor hotel collection in 2025, following an organizational restructuring that included over 800 layoffs.
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  • 2 min

EU AI Act implications on hospitality

  • Paolo Torchio
  • 11 February 2025
📦 The EU AI Act impacts the hospitality industry, addressing guest relations, pricing, marketing, HR solutions, and AI systems like ChatGPT. Compliance involves AI mapping, risk assessments, and proactive measures. Non-covered AI includes simple software not meeting AI system criteria. Participation in HTNG EMEA Community of Interest is open without HTNG membership or cost. The article reflects personal takeaways from a session by Bartholomäus Regenhardt of Cooley LLP.
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  • 3 min

6 Social Media Trends Hoteliers Must Leverage in 2025

  • Nashi Dasgupta
  • 11 February 2025
📱 In 2025, hoteliers leveraging social media trends can boost engagement and direct bookings by focusing on hyperlocal storytelling, short-form video (TikTok, Instagram Reels, YouTube Shorts), user-generated content (UGC), micro and nano influencer marketing, evolving culinary and wellness experiences, and virtual tours with AR/VR technologies. Instagram introduces AI-powered content suggestions, TikTok expands its Travel Hub, Threads integrates more with Instagram, and Google enhances AI video search, making it vital for hotels to adapt to these changes for marketing success.
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  • 5 min

Marriott International Reports Q4 and Full-Year 2024 Results

  • LODGING Staff
  • 11 February 2025
🏦 Marriott International, Inc. reported global RevPAR up 5% in Q4 2024, with 4.1% growth in the US/Canada and 7.2% internationally. Q4 diluted EPS was $1.63 and adjusted diluted EPS was $2.45, with net income at $455 million and adjusted net income at $686 million. Adjusted EBITDA reached $1,286 million. Over 123,000 rooms added in 2024, increasing net rooms by 6.8%, leading to 1.7 million rooms worldwide. Nearly 3.8k properties and over 577k rooms were in the development pipeline. The company returned $4.4 billion to shareholders in 2024. Marriott Bonvoy membership nearly hit 228 million.
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  • 4 min

Meridian is now available to everyone

  • Harikesh Nair
  • 11 February 2025
📈 Google launched Meridian, an open-source marketing mix model (MMM), alongside a partner program with over 20 certified partners. Designed after global brand testing and feedback, Meridian customizes to specific needs, like those of Finder, an Australian financial company. Meridian applies Bayesian causal inference for more accurate budget decisions, blending prior knowledge with real-world data. It provides a more realistic view of media performance, including Google media, and can measure sales, website visits, profit, and conversions. It redefines reach and frequency for video investments and integrates with incrementality experiment results. The model's code is available on GitHub, and a network of experts helps maximize its potential for advertisers.
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  • 5 min

Marriott added more net rooms than Hilton in 2024. Does it matter?

  • David Eisen
  • 11 February 2025
📌 In 2024, Marriott International added 123,000 rooms, reaching 1.7 million globally and a 6.8% net growth. Hilton added nearly 100,000 rooms, a 7.3% net growth. Marriott's pipeline had 3,800 properties and over 577,000 rooms; Hilton's had 498,600 rooms. Conversions drove growth, with Marriott's MGM and Sonder deals adding 38,000 and 9,000 rooms, respectively. Marriott's Global RevPAR rose 4.3%, with U.S. and Canada's Q4 RevPAR up over 4%. Marriott added over 31 million new members to its Bonvoy program in 2024, totaling around 228 million. They also plan technology investments and property renovations, including the Elegant Hotels portfolio in Barbados. Marriott expects $80-90 million annual savings from restructuring, including 800+ layoffs at its Maryland headquarters from January 3, 2025.
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  • 2 min

How and why the hospitality industry transforms to stay profitable

  • e.tulliez1
  • 11 February 2025
🏨 At the 30th Hospitality Operator Forum, attendees will hear from speakers like Federico Gonzales Tejera, CEO of Louvre Hotel Group, and Alban Ruggiero, CEO of JOST, on June 12th at the InterContinental Paris le Grand. Louvre Hotel Group has been undergoing transformation for nearly 2 years. JOST, a brand mixing modern accommodations with social spaces, is expanding with a new establishment in Lille, supported by Turenne Capital's Benjamin Altaras.
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  • 1 min

Lessons from Land Rover: The Hospitality Mindset – Marc Schwarz

  • Josiah Mackenzie
  • 11 February 2025
📂 Marc Schwarz, Director of Service at Thrive Hospitality, shared insights from his time at Land Rover in an episode aired on Feb. 11, 2025. The episode is part of the Hospitality Daily Podcast and focuses on the hospitality mindset that can be learned from Land Rover. Listeners are encouraged to share the episode to implement ideas that benefit their businesses and customers. Music for the show is produced by Clay Bassford of Bespoke Sound.
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  • 8 min

Hotels with Too Much Internal Focus Ignore Guest Emotions

  • Anders Johansson
  • 11 February 2025
👨‍💻 In hospitality, the arrival experience is the initial interaction of a guest with a hotel or restaurant, starting from the approach to the property. Key components include first impressions, greeting protocols, ambiance, and initial interactions. Differences in settings between hotels and restaurants impact this experience. Designing the arrival experience involves guest journey mapping, environment & ambiance, staff training & interaction, technology integration, brand alignment, and anticipating needs. The arrival experience influences first impressions, trust & comfort, reviews & repeat business, and competitive differentiation. Strategic insights indicate a transformative impact and foundation for loyalty. Actionable recommendations include investing in staff training, leveraging technology, prioritizing guest-centric design, and embracing continuous feedback. It defines guest satisfaction and loyalty from the first chapter of their journey.
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How ‘The White Lotus’ is changing travel

  • Automatic
  • 11 February 2025
🎬 TV-inspired travel, known as "set-jetting," spurred by series like 'The White Lotus' and 'Yellowstone', is peaking, with ⅔ of travelers influenced by media. Following 'The White Lotus', Four Seasons locales like the San Domenico Palace in Sicily and Maui resort witnessed availability checks surge by up to 386%. Resorts like these, including Koh Samui managed by Jasjit Assi, offer experiences steeped in local culture, from cooking to Muay Thai, complementing on-screen tourism. Despite the show's satire, luxury-seeking fans are drawn to these destinations, encouraging resorts and tourism boards to consider more structured fan experiences.
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