Officials of Satori Collective today announced the sale of the 124&suite Holiday Inn Express & Suites Alpharetta&Windward Parkway to Bukhari Group Hospitality. Satori achieved an approximate 24% internal rate of return and a 2x equity multiple through the sale. Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 02/01/2024
STR Commentary on U.S. Performance for November 2023
Year&over&year growth in RevPAR doubled to 2.4% compared to the 1.2% gain seen for October. The calendar was clean with equal numbers of weekdays and weekends, unlike the previous month when the calendar negatively impacted performance. Appeared first on: hotelnewsresource.com … [Read more...]
Navigating the Procurement Landscape: An Exclusive Interview with Adam Butts, VP of Procurement at Aimbridge Hospitality
With years of experience in the industry, Adam shared insights into the evolving landscape of procurement and how technology, particularly BirchStreet, has revolutionized the way hotels handle their procurement and accounts payable processes. Appeared first on: hotelnewsresource.com … [Read more...]
Harvard President Claudine Gay resigns after antisemitism accusations
In her resignation letter, Gay said "It has become clear that it is in the best interests of Harvard for me to resign so that our community can navigate this moment of extraordinary challenge". Appeared first on: euronews.com … [Read more...]
Russian missiles hit Ukraine's largest cities with retaliatory strikes, killing at least five
The Ukrainian Interior Ministry said Tuesday evening that the attack killed five civilians and injured 127. The Kremlin's forces targeted Kyiv, the capital, and the northeastern Kharkiv region. Ukraine's two largest cities came under heavy Russian missile attacks on Tuesday, killing five civilians and injuring more than 100.The Kremlin's forces targeted Kyiv, the capital, and the northeastern … [Read more...]
Germany and France remain on high flood alert
The situation remains tense in the flood areas in Europe, as the German weather service warns of continuous rain and risk of rising water levels, and ten departments in France still on high alert. In Germany, the Saxony-Anhalt, Thuringia and Lower Saxony regions are particularly affected.In many places, the dykes - thick walls built to stop water flooding onto very low-lying land from a … [Read more...]
Hezbollah's TV station says top Hamas official Saleh Arouri killed in Beirut blast
The TV station of Lebanon's Hezbollah group says top Hamas official Saleh Arouri was killed Tuesday in an explosion in a southern Beirut suburb. Saleh Arouri, one of the founders of Hamas' military wing, had headed the group's presence in the West Bank. Israel's Prime Minister Benjamin Netanyahu had threatened to kill him even before the Hamas-Israel war began on Oct. 7. Israeli officials … [Read more...]
Latest news bulletin | January 2nd – Evening
Top News Stories Today Updated: 02/01/2024 - 18:30 Catch up with the most important stories from around Europe and beyond - latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel. ...More Appeared first on: euronews.com … [Read more...]
15 Best Restaurants in Daytona Beach (Top Places to Eat)
Over the last decade, I’ve had the pleasure of dining at a wide array of the best restaurants in Daytona Beach. I travel to the area regularly to enjoy the beaches, take part in Bike Week, or catch a concert at the Daytona International Speedway. During such events, picking a new restaurant to try out is always one of the main draws of a holiday or getaway to the area – especially if you have … [Read more...]
The science behind New Year’s resolutions: How can we maintain our goals?
Over 40 per cent of people surveyed began their streaks on January 1st, according to one study. As the calendar flips to 2024, people around the world are crafting New Year’s resolutions, a tradition believed to have existed for thousands of years.Perhaps the additional day in the leap year of 2024 will help us finally achieve long-elusive goals such as cutting back on drinking and smoking to … [Read more...]
Red Sea: Why have some EU nations distanced themselves from the US operation against the Houthis?
European Union allies have been reluctant to back a United States-led naval operation to safeguard ships from attacks by Houthi militants in the Red Sea. Operation Prosperity Guardian (OPG), launched by the US in December, aims to protect international commercial ships from a recent raft of drone and rocket attacks by the Houthis, an Iran-backed rebel group that controls a part of Yemen’s … [Read more...]
EU lawmakers rush to push through legislation ahead of elections
The prospect of a radical rightward shift in the summer's Europe-wide polls has centrist and left-wing legislators pushing hard to get policy through. With the European elections less than six months away, the European Parliament is set to add more voting sessions to its monthly plenaries in order to push through more legislation before Europeans go to the polls. The EU elections will be held … [Read more...]
France implements compulsory composting. Here’s how it will help slash emissions
The new 'compost obligatoire' rules came into force on 1 January 2024. Here's what they entail. As of 1 January 2024, organic waste recycling is mandatory in France under new 'compost obligatoire' rules.With support from the government’s Green Fund, municipalities must provide residents with ways to sort bio-waste, which includes food scraps, vegetable peels, expired food and garden … [Read more...]
Spain's Jenni Hermoso testifies in sexual assault case over World Cup kiss scandal
Hermoso said the kiss on the lips was without her consent and that Luis Rubiales had tried to pressure her into playing down the incident. The Spanish player who was kissed on the lips by Spain's former football chief during the Women's World Cup final appeared in court on Tuesday to give evidence in the sexual assault case against the former official.Jenni Hermoso was at the Madrid court to … [Read more...]
Discover the Wonders of Museo El Deposito in San Juan, Metro Manila
Museo El Deposito: A Comprehensive Guide to San Juan City’s Iconic Museum Table of Contents Museo El Deposito is a history museum located in San Juan, Metro Manila, Philippines. The museum is situated within the grounds of Pinaglabanan Shrine and features the Carriedo water system, including the El Deposito underwater reservoir. The museum opened its doors to the public in 2019 and has since … [Read more...]
29 Things to Do in Christchurch, New Zealand in 2024
Nestled in the heart of the South Island, Christchurch, known as the ‘Garden City’ is a hot spot for adventurers and cultural aficionados alike. From punting down the serene Avon River to exploring the panoramic vistas of the Port Hills, this guide unveisl the top things to do in Christchurch. Whether you’re a thrill-seeker, a history buff, or a nature lover, get ready to embark on an … [Read more...]
Low-carb, plant-based diets linked to less weight gain over time, new study finds
A new study has found that low-carbohydrate diets high in plant-based fats and proteins were linked to less long-term weight gain. Eating plant-based proteins and fats along with whole grains may help to slow long-term weight gain, according to a new study.Researchers at Harvard University in the US found that this type of low-carbohydrate (or low-carb) diet was better for maintaining weight … [Read more...]
Apple Hospitality REIT acquires Las Vegas SpringHill Suites
Apple Hospitality REIT Inc. has acquired the 299-room SpringHill Suites Las Vegas Convention Center for approximately $75 million, or $251,000 per key. “Las Vegas, well known as a premier gaming and entertainment destination, has dynamically expanded in recent years with the arrival of major league sports teams, the Sphere and Formula 1 racing, to capture an even larger segment of leisure travel … [Read more...]
How TV technology has transformed in-room entertainment
By Dr. Bill Anckar Hotel entertainment has evolved considerably since TVs were first installed in guestrooms in 1947 by The Roosevelt Hilton in New York City. At what was a hefty service cost of $3 per day for guests, its Hotelevison system picked up on-air programs and screened them for visual and audio quality before transmitting to individual rooms. This was the beginning of in-room TV … [Read more...]
Satori Collective completes sale of GA Holiday Inn Express & Suites
Satori Collective, a real estate investment management firm focused primarily on hotel property investment, has sold the 124-suite Holiday Inn Express & Suites Alpharetta-Windward Parkway to Bukhari Group Hospitality. Satori achieved an approximate 24% internal rate of return and a 2x equity multiple through the sale of the Alpharetta, GA, property. “We purchased this all-suite property in … [Read more...]
NC mountain resort portfolio sold for $15.65M
Marcus & Millichap has brokered the sale of Switzerland Inn, a 70-room resort and residential houses in Little Switzerland, NC. The portfolio was sold for $15.65 million. “It was a privilege to utilize our tested process to expose and unlock the top of the market value for generational owners of such a unique and historic property,” said McLean Hicklin, first VP of investments, Marcus & … [Read more...]
Marriott’s Moxy Brand Opens in Downtown Phoenix AZ
The Moxy Phoenix Downtown Hotel announced its opening today in the historic Luhrs Building. PEG Companies [PEG], a vertically integrated commercial real estate investment company focused on opportunistic and value-added opportunities, and Dallas-based A.G. Hill Partners purchased the historic Luhrs building at the end of 2019. Since that time, the team worked to renovate and convert the building's … [Read more...]
No more copyright: Prepare your eyes for the Mickey Mouse horror film
Following last year's Winnie the Pooh slasher, Mickey is getting knife happy now that the early version of Disney's beloved mouse has entered the public domain. It didn’t take long... but we could have seen it coming a mile away.As of 1 January 2024, Disney‘s 1928 short Steamboat Willie, featuring non-speaking versions of Mickey and Minnie Mouse, entered the public domain in the US.This means … [Read more...]
European stocks hit a 23-month peak to start the new year
European stocks have hit their highest level in nearly two years, up 0.5% on the day at 0829 GMT, as traders speculated on potential rate cuts by central banks in 2024.Bank stocks in the Eurozone (.SX7E) surged to their highest levels since 2018. The FTSE 100 in London (.FTSE) saw a 0.2% increase, Germany's DAX (.GDAXI) rose by 0.8% while the MSCI World Equity index (.MIWD00000PUS) was … [Read more...]
Euro-Dollar outlook 2024: Navigating political and economic challenges
As 2024 unfolds, the euro faces a complex landscape marked by political shifts and economic challenges. Key events include parliamentary and presidential elections in several Eurozone countries, while challenges include global conflicts, fiscal tightening and inflation concerns. After enduring two consecutive years of depreciation, the euro has rebounded in 2023, boasting a 3% gain against … [Read more...]
Israel's Supreme Court strikes down judicial reforms in blow to Netanyahu
Israel’s Supreme Court struck down a key component of Prime Minister Benjamin Netanyahu’s controversial judicial reforms on Monday, delivering a landmark decision on an issue that caused nationwide anti-government protests last year. The ruling narrowly overturned a key component of Netanyahu's proposed judicial reforms, which would remove the power of the Supreme Court (and lower courts) … [Read more...]
Dr. Dre, Mobb Deep and Massive Attack: Top 5 hip-hop songs that sampled late jazz legend Les McCann
Jazz pianist and singer Les McCann died in the last days of 2023. He leaves behind a legacy as a pioneer of jazz-soul and a long list of samples in the hip-hop world. You may be more familiar with his work than you think... On Friday 29 December 2023, legendary jazz pianist Les McCann died, aged 88. The multi-instrumentalist was born in Lexington, Kentucky in 1935 and taught himself the … [Read more...]
Bad tech is the reason you hate your office
The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Technology shouldn’t make us feel worse; it’s supposed to improve our lives, Arto Vahvanen writes. Most workplace tech isn’t helpful. Here are three ways to make office technology work for us, not against us.As employees return to the … [Read more...]
2027 Opening Planned for Mandarin Oriental Gellert, Budapest
Mandarin Oriental Gellert — Photo by Mandarin Oriental Mandarin Oriental Hotel Group is set to revitalize and rebrand the historic Gellert Hotel in Budapest, renaming it as the Mandarin Oriental Gellert, Budapest. Slated to open in 2027, the hotel will showcase an Art Nouveau design and emphasize wellness. Originally established in 1918 as a grand hotel, the property is situated in the Buda area … [Read more...]
Depardieu affair: French cultural world divided as artists sign counter-petition
Tribunes, counter-tribunes, U-turns and Mea Culpas – What is going on with the Gérard Depardieu affair in France? Just a week after the publication of the "N'effacez pas Gérard Depardieu" (“Don't erase Gérard Depardieu”) opinion piece in the French newspaper Le Figaro in support of actor Gérard Depardieu, who is under investigation for rape and sexual assault, more than 150 personalities … [Read more...]