Market Snapshot
Wednesday, Oct 28Portfolio Expansion ·Royal Caribbean Group agreed to buy a 50% stake in Sandals and Beaches Resorts to double its share of guest vacation spend to 50%.
↑Revenue Growth ·Hilton raised its full-year 2026 RevPAR forecast to 4.5% after posting a 5.8% year-over-year lift in the third quarter.
↑Cyber Security ·Global travel brands pulled websites offline to patch the php2shell flaw that lets remote attackers seize web servers without authentication.
👁Wage Pressure ·UKHospitality warned that a 3.9% national minimum wage increase will squeeze operating margins for labor-reliant operators across the country.
↓Our reporting
written from multiple sources
33,000 UK Tourism Jobs at Risk as Mayoral Levy Advances
Hoteliers demand a 10% VAT rate and statutory rate caps as ministers advance uncapped municipal tourist tax legislation across England.
Written from 5 sources
Accor Lifts 2026 EBITDA Target as Q3 Revenue Reaches $1.68B
Luxury and lifestyle outperformance paired with event demand drove 7.7% revenue growth, leading Accor to raise full-year profit projections.
Written from 3 sources
IHG Targets Secondary Administrative and Leisure Hubs
IHG Hotels & Resorts signs two Holiday Inn properties in Naya Raipur, India, and Luang Prabang, Laos, targeting distinct regional growth engines.
Written from 2 sources
European Tourism Lobbies Target High-Spender Border Curbs
European tourism leaders are pressing policymakers to overhaul visa caps, restore tax-free retail, and tap long-haul visitor spending.
Written from 2 sources
India Room Deficit: How Chains Pace 210,000 Keys
Chains target secondary cities and wildlife destinations as India races to address a projected 210,000-key deficit by 2035.
Written from 4 sources
US Revokes 300,000 Visas as Hotels Struggle With Staffing
Hotels face compounding labor shortages and rising wage pressures following the federal revocation of more than 300,000 visas.
Written from 2 sources
The wire
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Hilton raised its full-year 2026 RevPAR growth guidance to between 4% and 4.5% following a 5.8% year-over-year lift in t…
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