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The wire · Friday, Nov 13
Everything worth knowing today, summarised and linked to the original.
Expedia Group has confirmed a cybersecurity breach that originated through an external third-party vendor. The travel giant is assessing the extent of the incident and monitoring potential data exposure risks for its partners.
Our reporting
Written from multiple sources, with the sources listed on every piece.
Marriott raised its full-year RevPAR outlook to between 4.5% and 5% after North American luxury demand and credit card fees drove third-quarter profit gains.
Choice lifted full-year RevPAR expectations after a 3.8% third-quarter boost driven by occupancy and data center demand.
Deploying handheld devices and QR ordering eliminates manual transcription and unlocks double-digit revenue gains across hotel operations.
RoomPriceGenie finds 53 percent of hotels deploy artificial intelligence for rates, but 90 percent refuse autonomous execution amid a talent squeeze.
A survey of over 1,000 travelers shows independent hotel guests cross-shop short-term rentals twice as often as large chain customers.
Hoteliers demand a 10% VAT rate and statutory rate caps as ministers advance uncapped municipal tourist tax legislation across England.
U.S. hotel transaction volume surged 37% to $22.2 billion through Q3 as owners faced $84 billion in debt maturities through 2027.
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About usThe Hospitality Newsletter is a daily hospitality industry briefing for hotel owners, general managers and investors. It covers brand moves, deals, openings, appointments and operating data in one brief.
Each briefing has 10 to 12 stories that matter, summarised and linked to the original source, alongside our own reporting, which is written from multiple sources and lists them.
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