This offering is an exceptional opportunity to acquire an irreplaceable all suite resort asset on a sprawling 20&acre site with various value&add opportunities at a fraction of replacement cost. Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 08/02/2024
La Quinta Inn Austin Oltorf in Austin, TX Listed For Sale
The 132&room hotel is located off Interstate 35, near Oracle Austin Campus, Google, and Meta in Austin, one of the fastest growing cities in the nation, and one of the best&managed cities in Texas. Appeared first on: hotelnewsresource.com … [Read more...]
Embracing Technology Without Losing the Human Touch in Hospitality & By Alan Young
I have been chatting with a number of hotel operators over the last few weeks, and one thing is constant between each and every one of them: we must continually improve our service delivery as the adoption rate of technology is moving at lightspeed. Why? Because when technology is so incredibly prolific, we need proof of humanity and authenticity. Hotel operators want to embrace technology to help … [Read more...]
HFTP Announces Inaugural Technology Investment Conference: HITEC&IC, Co&located with HITEC 2024
The inaugural conference is scheduled for June 27–28 in Charlotte, N.C.; connecting the investment community with hospitality technology company executives. Appeared first on: hotelnewsresource.com … [Read more...]
New Anantara Resort in Bandar Al Khairan Muscat to Open 2026 in Oman
Minor Hotels announced the continued expansion of its luxury Anantara brand in Oman with the upcoming development of a new resort in Bandar Al Khairan, Muscat. Located on the rugged Omani coast just 45 minutes from the capital, the new&build 121&key property is slated to launch in 2026. Appeared first on: hotelnewsresource.com … [Read more...]
The Year Ahead & Hoteliers Should Focus on Operating Expenses & CoStar
During the pandemic, out of great necessity, hotel operators found new ways to creatively trim operating expenses. While there has been some understandable relaxation coming out of the pandemic, many hoteliers are determined to carry these lessons forward. Appeared first on: hotelnewsresource.com … [Read more...]
Hospitality at a Crossroads: Is a Remote Work Model Essential to Retain Talent? & By Court Williams
The COVID&19 pandemic accelerated hospitality's shift towards remote work, challenging the sector to adapt roles for remote environments, ranging from customer service to event planning. While remote work offers advantages for both employers and employees, it also presents multiple challenges for them. Companies must balance attracting younger talent with the limitations of remote work, … [Read more...]
Moxy Halifax Downtown Hotel Opens in Canada
Located in Halifax, the rapidly growing coastal city in Atlantic Canada, the new 160&room hotel is easily accessible to Halifax's downtown scene and just steps away from a lively mix of great shopping, spas, galleries, parks, concert venues, and sporting attractions. Appeared first on: hotelnewsresource.com … [Read more...]
Novotel Sihanoukville Holiday Resort Opens in Cambodia
The opening marks the first Novotel property in Cambodia. Located directly on Independence Beach, the 215&key features views over the Gulf of Thailand, four dining options, and family&friendly facilities. Appeared first on: hotelnewsresource.com … [Read more...]
Hotel Brand Overload: The Coming Shakeout
The past fifty years have seen a power shift between hotel owners and hotel brands at all levels. In the late 1970s, owners had the power and brands that didn’t own their own hotels were begging for business. Today, brands have the power, with owners begging to affiliate. One manifestation of this power shift is the presence of an 'area of protection,' also known as a 'radius … [Read more...]
The Secret Behind an Unforgettable Experience: Embracing Customer&First Technology in Hospitality and Tourism & By Catalina Brinza
In this article, we will explore how the industry needs to shift its mindset, putting customer feedback at the center of its operations and leveraging technology to enhance service recovery, visitor satisfaction, and business success. Appeared first on: hotelnewsresource.com … [Read more...]
10,000 Room Crystal Lagoons Project Opens in Orlando Just Steps From Disney World
Surrounding the lagoon is Orlando's first Conrad hotel, a luxury brand of the Hilton chain, as well as a variety of homes, villas and apartments. In addition, there is an 18&hole golf course designed by Jack Nicklaus, one of the greatest golfers in history. Appeared first on: hotelnewsresource.com … [Read more...]
Secondary Markets Beat the Top 25 in Meeting and Events Growth in January
Lexington leads secondary markets, while Nashville heads the Top 25 Appeared first on: hotelnewsresource.com … [Read more...]
MCR Refinances 16 Hotels for $333 Million
MCR has refinanced a 16&hotel portfolio for $333 million, generating $51 million of net proceeds. Appeared first on: hotelnewsresource.com … [Read more...]
Four Seasons Resort Rancho Encantado Santa Fe renovates
Four Seasons Resort Rancho Encantado Santa Fe, a luxury boutique resort comprised of 65 intimate casitas surrounded by rugged mountainous beauty, has revealed a multimillion-dollar revitalization, the first in the resort’s history, of all guestrooms and suites is now underway along with the introduction of sustainability-focused landscaping. The revitalization will be conducted in three phases in … [Read more...]
25 Best Things To Do in Florida (By a Local)
If there was ever a state with an endless list of fun activities and outings, it would be the Sunshine State. I’ve lived here for a year now, and I’ve barely touched the tip of the iceberg of things to do in Florida. Every city in this state has something unique and interesting to offer.Table of Contents I’ve been visiting Florida since I was a kid, and I love everything about it here. The … [Read more...]
From Seville to Salzburg: Inside Europe’s finest religious-run Airbnbs and lodgings
As a convent in Seville opens its doors to the public as an Airbnb, we take a look at other religious-run alternative accommodation across Europe. Airbnbs in Europe have been facing seemingly endless criticism lately. People say they’re too expensive, too small, too noisy and guests are expected to do an unfair amount of tasks before checking out.One set of new properties on the holiday … [Read more...]
Davidson Hospitality Unveils New Initiatives, Partnerships for DE&I Council
Looking to build on a longstanding commitment to diversity, equity, and inclusion, Davidson Hospitality Group has unveiled some new initiatives and partnerships designed to reinforce its efforts. Kenny Imafidon, VP, operational excellence, recently detailed for LODGING the newly created DE&I Council he leads, the company’s continued investment in DE&I training programs and workshops, and a … [Read more...]
MCR refinances 16 hotels for $333M
MCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the portfolio’s net operating income, increasing it from $15 million at acquisition to $36 million. This represents a 9.4% cap rate on MCR’s cost basis in the hotels. The growth is a result of MCR’s data-driven and detail-oriented approach to hotel ownership, … [Read more...]
HBX Group data reveals emerging Chinese destinations for New Year 2024
This year, HBX Group data has revealed that Harbin, Shenzhen and Guangzhou are among the big winners for the Chinese New Year, which runs from 9-17 February. Appeared first on: breakingtravelnews.com … [Read more...]
Hunter Conference honoring founder
The Hunter Hotel Investment Conference will present Bob Hunter, founder of Hunter Hotel Advisors and the conference, with the 2024 Hunter Conference Award for Excellence and Inspiration. Each year, the award recognizes a hotelier who exemplifies exceptional leadership, citizenship and innovation. From his start as a hotel broker to founding a nationally attended conference, Hunter has been a … [Read more...]
PPHE Hotel Group promotes Greg Hegarty to co-CEO
International hospitality real estate group PPHE Hotel Group has appointed Greg Hegarty as co-CEO. Hegarty has been with the group for 18 years in various leadership positions and was appointed as COO of the company in 2019 and deputy CEO/COO in 2020. During this time, he has held overall responsibility for creating and implementing PPHE’s operational strategies, including operations, people & … [Read more...]
Aligned Hospitality Management names Deborah Lahti COO
Aligned Hospitality Management has appointed Deborah Lahti as its new COO. She joins Aligned’s corporate team to lead and manage the company’s daily business operations, working closely with department heads and supervisors to support day-to-day hotel and corporate initiatives. She reports to Bryan Tubaugh, Aligned Hospitality Management CEO. In her most recent role as the director of hotel and … [Read more...]
Crawford Hoying acquires Ohio Courtyard
Crawford Hoying has acquired the Courtyard by Marriott Hamilton in partnership with international hotel owner, operator and developer Shaner Hotel Group. This is Crawford Hoying’s first hotel in Hamilton, OH, and 15th in the company’s portfolio. The 120-key property, located in downtown Hamilton near Marcum Park, offers more than 5,800 sq. ft. of event space, a 24/7 fitness center and an indoor … [Read more...]
The LCP Group arranges $85M refinancing loan for Denver hotels
The LCP Group LP, a vertically integrated, private real estate investment firm specializing in hospitality investing and lending, has closed an $85-million refinance loan for the Brown Palace Hotel and Spa, Autograph Collection, and the Holiday Inn Express Denver Downtown, both located in Denver. The refinancing package for Crescent Real Estate facilitated by LCP includes a senior loan from … [Read more...]
26 Best Things To Do In Spain In 2024
So, you want to visit Spain but are unsure of where to stay and make a base, when to visit, or which attractions to prioritize. Never fear, you have come to the right place. This guide on the best things to do in Spain is a collaboration from our many trips to Spain and our team members to help you plan your Spain itinerary! Historic towns, the country’s best museums, iconic landmarks, and … [Read more...]
Aareal Bank finances London portfolio for Starwood
UK: Lender Aareal Bank provided a loan for eight assets within the Radisson Blu Edwardian London portfolio, acquired in January this year by investment firm Starwood Capital Group. The portfolio comprises a collection of 10 hotels with 2,053 rooms, all located in London and operated under the Radisson Blu brand. Aareal acted as the arranger, facility agent, and security agent within the … [Read more...]
Trips to England: Useful Tourist Tips
England, a country with a rich history, fascinating culture and picturesque landscapes, attracts countless visitors from all over the world every year. However, before you embark on a trip to the heart of the United Kingdom, it is advisable to familiarize yourself with some key travel tips to help make your stay as pleasant and smooth as possible. So if your next destination is London, … [Read more...]
Jumeirah Group opens its first hotel in the Kingdom of Saudi Arabia
Jumeirah Group, the luxury hospitality company and member of Dubai Holding, continues its regional and international expansion with the opening of its first hotel in the Kingdom of Saudi Arabia, Jumeirah Jabal Omar Makkah. The hotel has commenced operations as part of the second phase of the city's flagship Jabal Omar project, designed by Fosters + Partners architects. Located in Jabal Omar and a … [Read more...]
LXR Hotels & Resorts Debuts in Hawaii with Opening of Ka Laʻi Waikīkī Beach
Hilton (NYSE: HLT), a global leader in hospitality, announces the opening of Ka Laʻi Waikīkī Beach, LXR Hotels & Resorts. Nestled in the lively center of Waikīkī, Honolulu, the 462-room hotel launches a new chapter for the prestigious brand with world-class amenities, immersive destination-driven programming, and personalized service. Establishing a presence in Hawaii, LXR Hotels & Resorts … [Read more...]