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Top Hospitality Net News

Trump’s Tax and Spending Law Is a Short-Term Win but Long-Term Headache for Wall Street

Donald Trump · Buffalo

Trump’s Tax and Spending Law Is a Short-Term Win but Long-Term Headache for Wall Street

88% Center coverage: 48 sources

By John Towfighi, CNN New York (CNN) — President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street — but fueling concerns about the long-term health of the US economy, investors say. The “One Big Beautiful Bill,” which Trump signed into law on July 4, is a positive for investors because of the certainty it provides for markets. But the bill is set to worsen the nation’s debt burden over time, a…See the Story

Businesses Are Cautiously Spending on Corporate Travel as Trade Uncertainty Looms

Businesses Are Cautiously Spending on Corporate Travel as Trade Uncertainty Looms

80% Left coverage: 5 sources

Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties.See the Story

Henri Giscard d'Estaing Leaves Club Med: A Major Change for Fosun

Henri Giscard d'Estaing Leaves Club Med: A Major Change for Fosun

67% Left coverage: 3 sources

Henri Giscard d’Estaing, Chairman of Club Med since 2002, has been ousted from his position at the head of the group by Fosun, its Chinese shareholder since 2015.See the Story

Global Business Travel and Events Prices Set to Stabilize Through 2025 and 2026, Amid Looming Economic Uncertainty

After several years of pandemic-induced volatility and recovery-driven spikes, business travel prices began showing signs of moderation last year. Now, prices are set to stabilize further over the next 18 months, according to the latest edition of the annual Global Business Travel Forecast released by CWT, the business travel and meetings specialist, and GBTA, the world’s largest business travel trade organization.Economy See the Story

US Hotel Room Construction Hits 20-Quarter Low

100% Center coverage: 2 sources

Rooms under construction decreased year over year in June for the sixth consecutive month amid economic uncertainty, according to CoStar.United States · United States See the Story

Paradox? Did you say paradox? | By Vanguélis Panayotis

In our world of perpetual motion, paradoxes are no longer surprising. The health crisis once led us to believe there would be a lasting post-Covid impact on the desire to travel. And while that wave may have temporarily receded, it is far too powerful to dissolve into an ocean that suddenly stands still.Read Article

Penn State Hotel and Restaurant Society honors 14 hospitality management alumni

The Penn State Hotel and Restaurant Society (PSHRS)and Penn State School of Hospitality Management will honor 14 alumni during the 2025 Alumni Awards Reception, held in conjunction with the school’s 20th annual "Alumni in the Classroom" event, on Oct. 15.Pennsylvania · Pennsylvania Read Article

Garner by IHG Gains Momentum in India with Third Signing This Year

India, 22 July 2025: IHG®Hotels & Resorts, one of the world’s leading hotel companies, has signed a franchise agreement for Garner Kutch in Gujarat, marking the brand’s third signing in India within months of its IMEA launch. Scheduled to open in the first quarter of 2026, the hotel reinforces IHG’s strategy to expand its portfolio in emerging secondary and tertiary markets, where demand for high-quality, world-class accommodations is rapidly in…Gujarat · Gujarat See the Story

IHCL & Ambuja Neotia Group Enter into Agreement for 15 New Hotels

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the agreement signing for 15 new hotels across IHCL’s brands cape with the Ambuja Neotia Group. This capital light arrangement will grow the partnership to over 40 hotels.Infrastructure · India Read Article

Germany’s Travel & Tourism Sector to Break All-Time Records in 2025

Germany is set to make Travel & Tourism history in 2025, with every major performance indicator set to reach new heights, according to new data from the World Travel & Tourism Council (WTTC).Tourism · Germany See the Story

From Pipeline to Progress: What Africa’s Hotel Development Data Isn’t Telling Us | By Lee-Anne Singer

At this year’s Future Hospitality Summit Africa, the message from the stage was clear: pipelines are growing, investor interest remains steady and nearly every region is positioning itself as open for business. But beneath the optimism lies a more pressing reality - Africa doesn’t have a development problem, it has a delivery problem. Keynotes and panel discussions unpacked this disconnect in detail. The gap between development ambition and oper…Business Read Article

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