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Travelzoo, a hotel and package deal publisher, said in a financial filing on Tuesday that it would ask its stockholders to approve making a metaverse experiences scouting business a wholly owned subsidiary of Travelzoo. The business, Metaverse Travel Experiences (MTE), is currently wholly owned by Azzurro Capital.

Marriott International said on Wednesday that Stephanie Linnartz, the company’s president and a 25-year veteran, would leave in February to become president and CEO of the clothing brand Under Armour.

While 2022 was a post-pandemic boom year for hotel demand in much of the world, total global hotel investment volume decelerated slightly to $71.9 billion, a decline of 2 percent relative to 2021. The relative lack of outbound Chinese hotel investment, the Russian war in Ukraine, and recessionary pressures in several markets tamped down the pace of growth.

Hotels and restaurants continue to lag in filling positions in the post-pandemic recovery, and new research suggests that it’s anger — rather than fear, laziness, pay disputes, or another factor — that’s a critical component creating the worker shortfall.

It’s good news and bad news for the travel sector in Australia, as the country heads off into a summery Christmas holiday. Some tailwinds are lifting the sector while other headwinds are buffeting it.

The relationship between the owners and operators of hotels has traditionally been fraught because the two sides often have goals and philosophies that don’t fully overlap. The pandemic forced operators to align closely with operators in a battle to survive the plunge in demand. Working closely together, ties between the two sides warmed up. The post-pandemic boom in demand has boosted moods, too.

Entrepreneur Richard Branson and Virgin Group announced a reorganization of their hotel brands on Thursday. Virgin Group, which owns a half-dozen luxury Virgin Hotels, will take control of Branson’s private collection of hotels, retreats, and islands (including Branson’s own much-hyped Necker Island), marketed as Virgin Limited Edition.

One of the hottest areas for hotel companies is the open sea. Accor, the Paris-based hotel giant, hopes to launch a yacht-style cruise line Orient Express Silenseas by 2026, according to a report in Bloomberg News on Wednesday.

Top Hyatt executives said on Tuesday they planned to create hotels and resorts in two destinations on Mexico’s Caribbean coast — Tulum and Isla Mujeres — with about 5,000 rooms together.

U.S. hotel construction spending rose 30 percent year-over-year in November, suggesting a sustained rebound is in place based on developers’ confidence.

The U.S. hotel sector will this year finally surpass 2019 levels on a few performance metrics, according to research commissioned by the country’s largest hotel lobby.

Whitbread’s Premier Inn reported strong third-quarter occupancy figures for its 890 hotels, averaging 85 percent. Executives credited the performance to travelers becoming more cost-conscious during an inflationary period in its key markets of the UK, Germany, and the Middle East and thus migrating away from costlier hotel brands.

Indian Hotels Company (IHCL) plans to reach a portfolio of 300 hotels by 2025, it said on Tuesday when reporting its earnings.

Marriott International revealed on Monday its full-year totals for hotel development in 2022. The most notable figures highlighted a further push by the world’s largest hotelier into the luxury and extended-stay segments.

The U.S. leisure and hospitality sector in January continued to make strides in recovering from the pandemic disruption, according to a robust U.S. labor market report on Friday.

MGM Resorts International reported earnings for the fourth quarter of 2022 on Wednesday. Here are key points about the operator of 32 hotels and casinos in the U.S. and Macau.

Jumeirah Group said on Monday it had bought the Le Richemond, a five-star hotel on Lake Geneva. The move signaled that the luxury hospitality company based in the United Arab Emirates is focused on growing worldwide in key gateway cities.

Last July, Wyndham Hotel & Resorts unveiled an effort to help Black dealmakers, franchisees, and developers join the club of hotel entrepreneurship. The U.S.-based hotel franchisor updated the media on Wednesday about the U.S. effort, saying it has signed deals for 18 hotels.

In full-year 2022, the Loews Hotels chain of 25 luxury properties generated $345 million in adjusted earnings before interest, taxes, depreciation, and amortization — a measure of profit — on revenue of $721 million, its parent company reported on Monday.

Japan intends to draw a record number of inbound travelers in 2025, according to a draft of a government plan seen by Kyodo News on Thursday.

Travelers are only modestly more dissatisfied with hotel stays on average worldwide than before the pandemic, according to a review of 6 million user-generated reviews and 20 million online comments. But North America stood out as a region where many guests felt hotels were underperforming compared to 2019.