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Hotelbizlink Sep-Oct 2024 magazine edition is somewhat special. It focuses on hospitality investments theme. For the cover story we have a very special guest: Greg Friedman, who is the co-founder of Peachtree Group. With over 24 years of experience, Greg stands out as a visionary leader, and has overseen investments exceeding $10 billion, shaping Peachtree Group’s innovative strategies in hospitality investment. In our in-depth interview, we delve into topics like Peachtree’s impressive track record, capital management, vertical integration approach, quick deal closures, and emerging trends in the sector. Read all this in the Cover story. Continuing the investment theme, we have an additional special report, highlighting Japan's rise as a prime investment destination, attracting major players like Hyatt, Hilton, and Marriott. In the news section we cover several interesting developments, like how USA and China are leading the hotel development landscape, accounting for 64% of the projects, according to a report by Lodging Econometrics (LE).  There is much more than what we have briefly mentioned here. Read it free online here: https://lnkd.in/gHU7z54Y #hospitality #hoteliers #hotelindustry #hotelnews #hotelinvestments #hotelmedia #hotels #hotelsandresorts #hospitalitymagazine #hospitalitymedia #hotelbizlink #travelindustry #travelbusiness #hotelowners #hotelmanagers

Bali Proposes Temporary Ban on New Hotels to Combat Overtourism In a decisive move to address the escalating issues of overtourism and overdevelopment, Bali’s interim governor, Sang Made Mahendra Jaya, has proposed a temporary ban on the construction of new hotels, villas, and nightclubs. This initiative aims to preserve the island’s cultural heritage and improve the quality of tourism while managing the influx of visitors that has surged since the COVID-19 pandemic. https://lnkd.in/gP8Cns3u #bali #baliisland #tourism #travel #travelandtourism #sustainabletourism #overtourism #travelindustry #hoteliers

IHG Hotels & Resorts Celebrated as Top Choice by Leading Travel Publication IHG Hotels & Resorts has received prestigious recognition from the readers of Travel + Leisure, who have voted the brand among the best in various categories in the magazine’s annual World’s Best Awards. IHG was honored in several categories, showcasing its wide-ranging appeal. Notably, the InterContinental brand was recognized as one of the Top 5 Hotel Brands in the Luxury Hotel category, while Holiday Inn Express and Crowne Plaza also received accolades for their exceptional service and quality. https://lnkd.in/gmdSYena #ihg #travelandleisure #hospitalitymagazine #hospitalityawards #hotelawards #hospitality #hotelsandresorts #hotelbrands #hospitalitybrands 

Business Travel Set for Record Surge: A $1.5 Trillion Comeback A recent report from WTTC reveals that business travel is on track to exceed prepandemic levels, reaching a remarkable $1.5 trillion this year. Business travel is projected to grow by 6.2% compared to 2019. The U.S. is expected to account for $472 billion of global business travel spending in 2024, surpassing its 2019 figures by 13.4%. China follows closely, with forecasts suggesting a 13.1% increase to nearly $211 billion. Germany, the UK, and France are also set to see substantial contributions from business trave https://lnkd.in/gSm4Ey_k This is good news for hotels as they can try and attract more business travelers. #businesstravel #business #travel #traveldata #traveltrends #travelanalysis #usatravel #travelindustry #travelandtourism #hoteliers #hotels

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Wellness in Travel & Tourism (WITT), an esteemed independent organization with over 125 years of combined experience in hospitality, wellness, and travel, has launched the first-ever wellness certification for hotels and resorts. Read more: https://lnkd.in/gNsKEcyi With the wellness travel market expected to soar to $1.3 trillion by 2025, WITT's certification is set to become a coveted accolade for hotels and resorts striving to meet the evolving demands of health-conscious travelers. According to Robin Ruiz, the CEO and Founder of WITT, "The WITT Certified seal provides hotels and resorts with a significant advantage in attracting travelers by offering objective and rigorous audits of their wellness amenities and services." #wellnesstravel #healthytravel #hotelcertifications #traveltrends #hospitality #hoteliers

Survey by eDreams ODIGEO reveals an evolving consumer mentality that increasingly values the freedom to tailor their travel experiences according to their unique preferences and financial constraints. https://lnkd.in/g_JKSU-9 #hotels #hotel #hotelsurvey #surveys #surveydata #traveldata #travelsurvey #travelinsights #traveltrends #moderntraveler #travel2024 #traveltech #hotelbookings #travelai

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Marriott is aiming to ease and simplify the online booking process as much as possible. Does your hotel website have an online booking feature yet? If not AIO Hospitality provides this service. We can integrate booking engine right on your wesbite Check out our website for more details: https://lnkd.in/gVP3SwCB Increase your hotel revenues with our powerful online booking feature #onlinebooking #hotelreservation #hoteltech #aiohospitality #marriott #hoteliers #hotelrevenues #bookingengine #hotelbookings