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From major hotel renovations and market shifts to executive insights and investment activity, today’s roundup highlights the key developments shaping the U.S. hospitality landscape. Whether you’re in operations, development or just keeping an eye on industry trends, these are the updates to know.
Corporate Developments
Catch up on the latest moves from major hospitality tech players making headlines in growth and investment circles.
Agilysys to Present at William Blair Growth Conference
Agilysys, Inc., (Nasdaq: AGYS), a global leader in hospitality software solutions, announced its participation in the William Blair 45th Annual Growth Stock Conference, scheduled for June 3-5 in Chicago. CEO Ramesh Srinivasan will deliver a presentation on June 3rd at 10:00 a.m. Central Time, followed by one-on-one investor meetings.
The company will also host a webcast of the presentation, available via the company website. Agilysys recently released its Q4 and full-year fiscal 2025 results on May 19, with investor materials accessible on the Investor Relations page.
- Event dates: June 3-5, 2025
- CEO presentation: June 3rd, 10:00 a.m. CT
- Webcast link: bit.ly/4moQfKl
Agilysys specializes in delivering innovative software solutions that maximize Return on Experience (ROE), empowering hospitality operators worldwide. Its offerings include property management systems, POS, F&B inventory and ecosystem solutions for diverse sectors such as hotels, casinos, cruise lines and healthcare providers.
Partnerships and Business Travel Services
Explore new partnerships reshaping the future of business travel with smarter perks and elevated guest experiences.
Partnership Enhances Business Travel with Exclusive Benefits
Bolt Business has partnered with IHG Hotels & Resorts' Business Edge program to offer shared customers a range of exclusive benefits. Travelers can now enjoy 50% off on 25 Bolt rides per reservation, aiming to streamline business logistics.
In addition, Bolt Business customers receive IHG One Rewards Gold Elite status after just one stay, which includes bonus points, rollover nights and late checkout options. These perks are available across over 6,500 IHG hotels in more than 100 markets, enhancing the overall travel experience.
- 50% discount on Bolt rides
- Enjoy Gold Elite status after 1 stay
- Access at 6,500+ hotels in 100+ markets
Bolstering their mission to create cities for people, not cars, Bolt continues expanding its business services. Since launching in 2018, Bolt Business now operates in over 50 markets, serving more than 50,000 companies globally as of December 2024.
Industry Trends
See what shifting travel behaviors reveal about the global business climate and future demand in hospitality.
April Business Travel to the US Declines by 9%
In April 2025, business travel to the United States decreased by 9% year-over-year, reflecting growing caution among global companies amid economic uncertainty and geopolitical tensions. While some regions like the Middle East experienced a slight increase of 9.4%, demand from Europe and Canada sharply declined.
Specifically, Western Europe saw a 17.7% drop and air trips to Canada fell by 20%, with car trips decreasing by 35%. Leisure travel rebounded sharply (+13.8%) during the Easter period, contrasting with the softer business segment, which is expected to face further declines.
Industry figures reveal 12% fewer summer bookings from Europe to major U.S. cities, and several airlines have downgraded their financial forecasts due to weak leisure demand. Experts like Leslie Andrews forecast that companies will prioritize purposeful travel, signaling cautious outlooks for the rest of 2025, especially in Canadian and international conference markets.
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