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Global Hotel News

Reporting here follows the hotel industry — new property openings, loyalty program changes, occupancy and rate data, boutique and independent hotel trends and the brand and ownership decisions that shape hospitality as a business. Coverage runs from new property openings and loyalty program changes through the occupancy data and investment trends shaping the industry.

BON Hotels Adds Three Properties in Africa

BON Hotels Adds Three Properties in Africa

BON Hotels has partnered with Vida Nova Collection to bring three independently owned South African and Mozambican properties into its network.

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This section follows hotel openings and closures, loyalty program restructuring, industry occupancy and revenue per available room data, hotel brand strategy, renovation and conversion projects and the ownership and investment transactions that move properties between portfolios. Revenue per available room has become the standard metric for tracking hotel industry health, making its quarterly movement a consistent source of financial coverage that translates readily into consumer and travel stories. Short-term rental competition has been a sustained subject in hotel industry coverage, with the regulatory and market responses to platforms that compete for lodging demand generating stories that cross hospitality, real estate and technology beats. Conversion of office and retail properties into hotels has grown as a development strategy in several markets, connecting hotel industry coverage to commercial real estate stories about how urban space is being repurposed.