Following the oil shock of the first half of 2026 triggered by the closure of the Strait of Hormuz, the global business travel market is entering a phase of normalisation. The new joint forecast from the Global Business Travel Association (GBTA) and ALTOUR points to still-marked cost increases in 2026, followed by a sharp slowdown in 2027, without a return to pre-crisis levels. For hospitality, the equation is distinctive: demand is rebounding strongly, but a record construction pipeline is keeping room rate growth in check.

The Queen at Chester Hotel reopens following an extensive renovation and becomes the first UK property in Handwritten Collection, Accor's portfolio of independent hotels. The agreement also marks the first franchise partnership between Accor and LGH Hotel Management Limited.

IHG Hotels & Resorts opens The Aarlis Hotel Panchkula, Vignette Collection, a 145-room property marking the brand's arrival in India and South West Asia. The property joins a global portfolio of 34 hotels across 17 countries, with 45 more properties to come.

IHG Hotels & Resorts announces the signing of the Kimpton Phang-Nga Natai Beach, in partnership with Natai Venture Co., Ltd. This 150-room beachfront resort, due to open in 2028, marks the Kimpton brand's arrival in Phang Nga and brings the brand's number of open and pipeline properties worldwide to more than 150.

Marriott International reports strong second-quarter 2026 results, driven by 3.4% worldwide RevPAR growth and a record development pipeline of nearly 629,000 rooms. The Group raises its full-year guidance despite an international RevPAR decline weighed down by the conflict in the Middle East.

🔎 Today's trend: behind sometimes strong tourist flows, the real economics of hospitality remain mixed. Falling spending in Corsica, post-wildfire cancellations in Gironde, new residential mobility solutions in Évian and investment in Spanish luxury illustrate an industry facing profound shifts in usage.

International Workspace Group (Regus, Spaces, HQ, Signature, Stop & Work) announces the acquisition of Wojo, Accor's coworking business, which becomes a wholly-owned subsidiary of the Group. The deal adds 186 workspaces to IWG's network and seals a long-term partnership with Accor around flexible workspaces within its hotel network.

W Punta de Mita announces the appointment of Anna Hill as General Manager. With more than 15 years of international experience with brands including EDITION and The Ritz-Carlton, she previously held the position of Hotel Manager at The Riviera Maya EDITION at Kanai.

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Hilton announces the signing of three new lifestyle hotels, including the first Tapestry Collection by Hilton in the Maldives, along with two new properties in Phuket and Chiang Mai. These signings form part of the Group's ambition to surpass 250 luxury and lifestyle hotels in Asia Pacific.

Hilton announces the signing of three new lifestyle hotels, including the first Tapestry Collection by Hilton in the Maldives, along with two new properties in Phuket and Chiang Mai. These signings form part of the Group's ambition to surpass 250 luxury and lifestyle hotels in Asia Pacific.

Banyan Group opens Banyan Tree Mount Emei, in China's Sichuan province, at the foot of Mount Emei, one of China's Four Sacred Buddhist Mountains. The 130-room and villa complex, featuring private hot spring pools, strengthens the presence of the group's flagship brand in China.