In a revealing discussion with Anthony Capuano, the CEO of Marriott International, an intriguing narrative unfolds about the evolving landscape of travel and consumer spending. Capuano discusses how recent trends have shown a significant transformation in consumer priorities, particularly among younger demographics who are increasingly favoring experiences over physical goods. This shift has profound implications
Hotels
In a strategic move to bolster its all-inclusive offerings, Hyatt Hotels Corporation has officially finalized a joint venture with the renowned Spanish tourism group, Grupo Pinero. This partnership will see both companies share ownership and management of 22 resort properties under the Bahia Principe brand, which boasts around 12,000 guest rooms—an impressive addition to Hyatt’s
On a sunny afternoon in West Palm Beach, one finds oneself immersed in a transformative experience that blends luxury and well-being. Picture stepping into Body+Beauty Lab located within the chic AKA West Palm hotel. This unique day spa boasts state-of-the-art facilities and an ambiance that invites relaxation. My journey started with a session at the
The hospitality industry is on the cusp of significant transformation as we look toward 2025. The emergence of Generation Z as a formidable demographic of travelers, coupled with a strong revival in group travel, is set to redefine how hotels operate and cater to their guests. This upcoming shift draws attention not just to financial
Jumeirah, a prominent global hospitality brand renowned for its lavish accommodations, has chosen to break new ground in Africa through a collaboration with the Thanda Group. This strategic alliance seeks to introduce two exceptional properties that will bear the Jumeirah name: Jumeirah Thanda Island in Tanzania and Jumeirah Thanda Safari in South Africa. This venture
Anguilla, a stunning British Overseas Territory nestled in the Eastern Caribbean, is making waves as one of the region’s premier travel destinations. With its pristine white-sand beaches and an exceptional culinary landscape, the island is not just a paradise for tourists but also a vibrant community that is evolving and investing in its future. As
On February 1, 2024, Auberge Resorts Collection will embark on a significant chapter by assuming management of The Woodward, a luxurious lakeside hotel located in Geneva, Switzerland. This strategic move marks the company’s entrance into the Swiss hospitality market, reflecting its ambitious expansion strategy across Europe. Formerly under the stewardship of the renowned Oetker Collection,
The Kimpton Las Mercedes has made its mark as the inaugural Kimpton property in the Dominican Republic, introducing a fresh perspective on boutique hospitality in the vibrant capital of Santo Domingo. Positioned within the depths of a city celebrated for its rich historical context, Kimpton’s foray into this market plays a pivotal role in blending
Hyatt Hotels Corporation is currently embroiled in exclusive discussions with Playa Hotels & Resorts, a leader in the all-inclusive resort sector. These negotiations are part of Hyatt’s exploration of potential strategic alternatives, which notably include the possibility of acquiring Playa. Currently, Hyatt holds a 9.99% stake in Playa’s shares, reflecting a vested interest in the
The travel and tourism industry is often seen as a bellwether for global economic health. In times of peace and stability, this sector tends to flourish, benefiting from consistent consumer confidence and high spending on leisure and business travel. However, the reality today is complex. While parts of the world continue to experience robust economic
Nestled in the picturesque Bretton Woods region of New Hampshire, the Omni Mount Washington Resort stands as a monument to both historical elegance and modern luxury. Originally conceptualized in the early 20th century by Joseph Stickney, this iconic hotel was designed to harmonize with the stunning landscape of the White Mountains. Stickney’s vision was to
In an ambitious move to reshape its brand image, Sandals Resorts announced a multimillion-dollar advertising campaign set to launch later this month, under the evocative tagline “Made of Caribbean.” Developed in collaboration with the esteemed Chicago-based agency Leo Burnett, this initiative aims not just to highlight the rich heritage of the Caribbean but also to
On a tumultuous Tuesday, Vanuatu experienced a powerful earthquake registering at a magnitude of 7.3. This seismic event, which struck approximately 18 miles west of the capital city, Port Vila, has left a significant imprint on the South Pacific nation. The implications of such an earthquake extend beyond immediate physical damage; they ripple through the