The region continued meaningful expansion across all segments from midscale to all&inclusive, and residential to luxury; conversions remained a main driver of growth. Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 26/02/2024
JLL Report & Americas All&Inclusive Resort Sector Trends & Outlook
Demand for all&inclusive resorts is surging, with AI resorts in Mexico and the Dominican Republic averaging an occupancy recovery of 77% on a March 2022 TTM basis relative to 2019. Appeared first on: hotelnewsresource.com … [Read more...]
How Embedded Payment Processing Benefits Both Hotels and Guests
Improving payment processing in hotels has been a major barrier for independent operators, and yet the closer payment processes are to a business’ core systems, the more benefits they provide operators.By Warren Dehan, President of Maestro - 2.27.2024 The hotel payment processing experience is ready for a shakeup. Improving payment processing in hotels has been a major barrier for independent … [Read more...]
Hyatt House Tokyo Shibuya Hotel Opens
Hyatt Hotels Corporation (NYSE: H) announced today the immediate opening of Hyatt House Tokyo Shibuya, the first Hyatt House&branded property in Tokyo, offering accommodations for short& to long&term stays. Appeared first on: hotelnewsresource.com … [Read more...]
OTAs & Hotels Need a Chance to Compete, Including Through Consolidation & RealClear Markets
According to Morning Consult research commissioned by the American Hotel and Lodging Association, hotel bookings make up 15 percent of all U.S. e&commerce, with over 500 bookings occurring every minute. This is an extremely lucrative business model and generates billions of dollars for Online Travel Agencies (OTAs) every year. Appeared first on: hotelnewsresource.com … [Read more...]
HSMAI Foundation Special Report: The State of Hotel Sales, Marketing, and Revenue Optimization Talent 2023&2024
The Hospitality Sales & Marketing Association International (HSMAI) Foundation released its third Annual State of Talent report which reveals this year's trends in the hospitality industry that are impacting the talent within the sales, marketing, and revenue optimization disciplines. Appeared first on: hotelnewsresource.com … [Read more...]
HVS Hotel Market Report & Seattle Hotel Market: A Shining Beacon of the Pacific Northwest & By Eileen Bosworth
In 2023, Seattle was a beacon of renewed strength in the Pacific Northwest given its vibrant concert and sports event calendar, record&breaking cruise season, and $1.9&billion expansion of the Seattle Convention Center. As a result of these factors, Seattle was one of the nation’s best&performing hotel markets during the summer. Appeared first on: hotelnewsresource.com … [Read more...]
Signia by Hilton Atlanta Announces Grand Opening of Spa Signia
The city's newest hotel launches dedicated wellness floor inclusive of premium wellness accommodations, a beauty bar and more Appeared first on: hotelnewsresource.com … [Read more...]
Radisson RED Belgrade Hotel Opens
Radisson Hotel Group opens first Radisson RED hotel in Southeast Europe Appeared first on: hotelnewsresource.com … [Read more...]
Interview & Business Travel and the Developments in 2024
In this extended interview we speak to Clive Wratten, Chief Executive of Business Travel Association, which also featured in our Travel Monthly Review Show February. Appeared first on: hotelnewsresource.com … [Read more...]
Rafael Nadal and Meliá Hotels to Open Their Second Zel Hotel in Spain on the Costa Brava This Summer
The hotel, featuring 214 rooms, is undergoing refurbishment to align with the brand's attributes and architecture inspired by outdoor living. Appeared first on: hotelnewsresource.com … [Read more...]
Cloudbeds Unveils Annual State of Independent Lodging Report
The second annual edition of the report offers a unique and data&rich perspective on the global independent lodging segment, shedding light on insights and trends from property types and segments often overlooked in industry reporting. Appeared first on: hotelnewsresource.com … [Read more...]
Meyer Jabara Hotels Sets New Investment Course; Hires Ian McAuley As Chief Investment Officer
With 30 years of hotel investment and corporate finance experience McAuley will source acquisition opportunities, equity investors, debt financing, and third&party management contracts Appeared first on: hotelnewsresource.com … [Read more...]
Pinnacle Suites in the United Kingdom Adopts Cloud with Hotelogix to Digitize Hotel Operations
Hotelogix said that Pinnacle Suites in the United Kingdom has adopted its Cloud Hotel Property Management System (Hotel PMS) to automate and streamline daily operations, boost guest experience and drive business growth. Appeared first on: hotelnewsresource.com … [Read more...]
Why Hotels Shouldn't Rely on Return on Ad Spend to Measure the Success of a Campaign & By Tina Markowitz
Return on Ad Spend (ROAS) is a familiar metric within the digital marketing landscape, often employed to gauge the efficiency of marketing expenditure. However, for some marketers ROAS has become the singular metric that defines whether a campaign was truly a success. While ROAS does provide a valuable snapshot of how efficiently resources are being used, it doesn’t necessarily indicate the … [Read more...]
How Outdoor Activities Can Benefit Mental Health
Unlocking the Mental Health Benefits of Outdoor Activities Table of Contents Outdoor activities have long been associated with physical health benefits, but recent research has shown that spending time in nature can also improve mental health. Whether it’s hiking, gardening, or simply taking a walk in the park, spending time outdoors has been linked to a range of positive mental health … [Read more...]
Saudi Arabia Surpasses 100 Million Tourists Target
This landmark accomplishment, marked by the arrival of over 27 million international tourists and over 79 million domestic tourists, reflects not only Saudi Arabia's effective strategy for economic diversification but also its steadfast commitment to promoting sustainable tourism development. Appeared first on: hotelnewsresource.com … [Read more...]
AAA Spring Break Trends & Cruises and International Trips on the Rise; Florida Tops List of Domestic Destinations
Cruising is off to a splashy start in 2024 with sold&out ships and inaugural sailings, and that strong demand is evident in Spring Break bookings. AAA Travel data shows a 28% increase in cruise bookings for March and April compared to last year, and a 60% percent increase for cruises departing from South Florida. Appeared first on: hotelnewsresource.com … [Read more...]
//3877 names Ryan Petyak partner alongside company promotions
//3877 has revealed that Senior Associate Ryan Petyak has been promoted to partner alongside the firm’s cofounders, David Tracz and David Shove-Brown. The announcement comes amid a wider company initiative, including the promotions of Senior Associates/Visionaries Molly Forman, Sam Forman, Lesley Golenor and Meghan Scott as well as Associates/Pioneers Ethan Bingeman and Matt Vargas. The refreshed … [Read more...]
Top 10 Reasons To Start an Online Business
There are so many reasons to start an online business, and there’s never been a better time than now to make it happen. In today’s digital age, the opportunities for starting a successful online business are practically endless. From selling virtual services and online courses to blogging and content creation, there are countless ways to make money online. I have a couple of online businesses on … [Read more...]
Recording studios, photography hides and Warhol art: Inside the world’s most unique hotel suites
If you have a few thousand euros to splash on a night away, you could book a room with a private recording studio or a penthouse that can be transformed into a giant ballroom. Luxury hotels lavish private pools, bespoke butler services and champagne minibars on their guests.But some hotel suites go one step further, providing one-of-a-kind experiences far beyond pillow menus.If you have a few … [Read more...]
Marriott Gives Updates on Caribbean and Latin American Growth From 2023
PLANTATION, Florida—Marriott International announced a year of room signings and additions across the Caribbean and Latin America (CALA) in 2023. The company nearly doubled its number of deal signings in the region versus the prior year, signing 57 transactions and nearly 7,300 rooms in 2023 to reach a solid pipeline of 24,000 rooms across the region at the end of last year. In 2023, the … [Read more...]
MDO becomes Otelier
MyDigitalOffice (MDO), a Cove Hill Partners company, is now Otelier. Simultaneously, the company has launched its unified, next-generation unified business intelligence platform: IntelliSight. Otelier brings together the best features and functionality from MDO, Datavision, inTouch, HelloGM, Focal Revenue Solutions and Broadvine to deliver a unified platform that meets the evolving needs of … [Read more...]
Hyper Nimbus launches AI-powered HMS
Silicon Valley-backed Hyper Nimbus has introduced its fully integrated, AI-powered hospitality management solution. Designed to unify fragmented hospitality systems into a single, AI-driven platform, Hyper Nimbus streamlines hotel operations by activating built-for-purpose proprietary machine learning algorithms for revenue optimization, sales and marketing, guest intelligence and operations, … [Read more...]
Great Mediterranean Sailing Routes for Beginners
Eager to plan your first voyage? If you’re a less experienced skipper, assembling your first itinerary can seem daunting, but it doesn’t have to be. With its dramatic coastlines and relatively calm conditions, the Mediterranean is a picturesque playground well suited to the novice yachtsman. Need some pointers? Whether you’re looking to meander through the Greek islands or take a maritime … [Read more...]
HB Exclusive: Shamin Hotels partners with eTip
Shamin Hotels has designated eTip, a digital tipping and financial benefits platform tailored to service sector businesses, as its exclusive digital tipping partner. Now, the two million guests who annually stay at Shamin Hotels’ 76 properties can seamlessly and securely express their gratitude to the more than 3,000 associates who work at the properties. “Our daily mission is to work to create … [Read more...]
HB Exclusive: Life House expands into Oaxaca, Mexico
Life House has expanded its footprint to Oaxaca, Mexico with the management of Casa Yuma, a beachfront boutique hotel and restaurant set to open in March 2024 in Puerto Escondido. The hotel will feature 25 rooms, a pool, a co-working space overlooking the ocean, and a restaurant and bar offering traditional home-cooking of local flavors over fire, embers and ash. The hotel is designed to offer an … [Read more...]
Montage receives strategic investment
Hospitality management company Montage International has received a strategic investment arranged by Luxor Capital Group. In addition to investments by affiliate funds of Luxor, the investment group is comprised of significant commitments from funds managed by Goldman Sachs Asset Management and funds and accounts managed by BlackRock Inc. Montage International features the ultra-luxury brand … [Read more...]
HAMA unveils 2024 board of directors
The Hospitality Asset Managers Association (HAMA) has unveiled its new board of directors for 2024. The board consists of diverse, experienced members throughout the hospitality industry. The 2024 appointees include: Sarah Gulla, Pebblebrook Hotel Trust — President Chad Sorensen, CHMWarnick — VP Nele Breitbart, BRE Hotels & Resorts — membership chair Kerry Gaber, Host Hotels & Resorts — … [Read more...]
Foster + Partners celebrates ground-breaking of One Beverly Hills
The integrated site will encompass 10 acres of open space, the existing Beverly Hilton and Waldorf Astoria Beverly Hills, and new-builds including a luxury Aman Hotel. An urban oasis Foster + Partners is working in partnership with Cain International, the City of Beverly Hills, Aman Group, RIOS Architects, OKO Group, Hilton and Kerry Hill Architects (KHA) on the creation of the new integrated … [Read more...]