A strong final quarter saw European hotel transactions reach nearly EUR 17 billion last year, according to new data from Cushman & Wakefield. Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 21/03/2024
CBRE Releases 2024 Global Hotels Outlook
Sector&Specific Tailwinds Should Offset Broader Economic Challenges Appeared first on: hotelnewsresource.com … [Read more...]
Nikhil Sharma Named Managing Director and Area Senior Vice President (ASVP) South Asia for the Radisson Hotel Group
Nikhil joins Radisson Hotel Group from Wyndham Hotels & Resorts (WHR) where he served as Market Managing Director Eurasia, overseeing Business Development, Operations, New Openings, and Sales & Marketing. Appeared first on: hotelnewsresource.com … [Read more...]
HVS Hotel Market Report Savannah, Georgia: Linking the Past to the Future & By Brett Testa
Savannah is one of the most desirable tourist destinations in the country, and visitation has skyrocketed since the onset of the pandemic. Some major expansion and development projects underway in the market should help support hotel metrics going forward. Appeared first on: hotelnewsresource.com … [Read more...]
Best Western Schaumburg & O'Hare NW Hotel Opens Near Chicago O'Hare International Airport
Best Western Hotels & Resorts announces the opening of the Best Western Schaumburg & O'Hare NW, located at 1730 E Higgins Road in Schaumburg, Illinois. The hotel is owned by Rajanikant Patel and features 120 guestrooms. Appeared first on: hotelnewsresource.com … [Read more...]
HVS Europe Hotel Transactions Bulletin Week Ending 15 March 2024
A summary of European hotel transactions provided by HVS Appeared first on: hotelnewsresource.com … [Read more...]
264 Room Ace Hotel Sydney Listed for Sale
Located at 47&53 Wentworth Ave, the hotel opened in May 2022 and comprises 264 guestrooms and suites, a gym and conference rooms. Appeared first on: hotelnewsresource.com … [Read more...]
How Taylor Swift's Eras Tour Allowed Asia Pacific Hotels to Achieve Their 'wildest Dreams'
Taylor Swift kicked off the second international leg of her wildly successful Eras Tour in early February, and Asia Pacific hoteliers were, in fact, 'ready for it'. The seventeen&night leg gave a much&needed performance boost to Tokyo, Sydney, Melbourne, and Singapore hotels. Appeared first on: hotelnewsresource.com … [Read more...]
Homes & Villas by Marriott Bonvoy Incorporate Generative AI in Search Tool
Travelers can use natural language to describe their vacation and Homes & Villas by Marriott Bonvoy will recommend matching destinations and home rentals. Appeared first on: hotelnewsresource.com … [Read more...]
Marriott International Debuts in Papua New Guinea With the Opening of Marriott Executive Apartments Port Moresby
The waterside property in the heart of Port Moresby, Marriott International's first in Papua New Guinea, is set within the mixed&use development of Harbourside South and offers luxury apartments with premiere hotel services for long stays. Appeared first on: hotelnewsresource.com … [Read more...]
Domaine Reine Margot Paris Issy & MGallery Collection Hotel Opens
MGallery unveils a new hotel within a historic estate in Issy&Les&Moulineaux, located just a few miles from the heart of the french capital. Appeared first on: hotelnewsresource.com … [Read more...]
U.S. Hotel Performance for Week Ending March 16th
U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through 16 March. Appeared first on: hotelnewsresource.com … [Read more...]
For February Canadian Hotels Report Third Consecutive Month of Occupancy Declines
Canada's hotel industry reported a third consecutive month of occupancy declines but continued growth in average daily rate (ADR), according to CoStar's February 2024 data. Appeared first on: hotelnewsresource.com … [Read more...]
Web Exclusive: Santa Barbara Courtyard gets new look
Constructed in the 1950s, the El Prado Inn in Santa Barbara, CA, was one of the only examples of the mid-century modern style in the city and was designated a Structure of Merit. Today, it is the Courtyard Santa Barbara Downtown following a transformation designed by Seattle-based Degen & Degen. The hotel’s new lobby “We were inspired by the idea of optimism,” said Anita … [Read more...]
8 Interesting Places in Cebu that will take you Halfway Around the World
Go on a trip without needing your passport or visa! Table of Contents Go on a trip without needing your passport or visa!Cebu Safari and Adventure Park = San Diego ZooTemple of Leah, Busay = Parthenon, Athens, GreeceKa Treasure Water Terraces, Argao = Pamukkale, Denizli, Turkey and Saturnia Hot Springs, ItalySachiko’s Little Kyoto, Busay = Inari Taisha Shrine, Kyoto, JapanSirao Flower Garden, … [Read more...]
Architect Jeffrey Beers passes at 67
Jeffrey Beers International (JBI) Founder and CEO, Architect Jeffrey Beers, has passed after a courageous battle with cancer. He was 67. The JBI team released the following statement: “Jeffrey’s dedication to excellence, innovation and integrity in delivering warm and tailored interiors that speak to guests and make them feel welcomed have shaped JBI into the renowned firm it is today. … [Read more...]
Reasons Why Kakanins are the Stars of the Show at Puso Bistro
Discover the Delights of Kakanins at Puso Bistro Table of Contents In the heart of Filipino homes, generations of mothers and grandmothers reign the kitchens, tirelessly making their own heirloom recipes as rich and enduring as the love poured into every dish. One of the dishes that they usually make is the traditional kakanin. Their grandchildren would watch them slave over the stove, then … [Read more...]
Continue to be inspired
I want to share news about a strategic move to bring more design content into Hotel Business, as well as on hotelbusiness.com. Our design brand, InspireDesign, will no longer publish as a separate title; however, we will be folding its fresh perspective and inspired content into Hotel Business, so that it will supplement this larger publication and enrich its readers. In addition to Hotel … [Read more...]
Amadeus: April solar eclipse impacts U.S. occupancy
On April 8, there will be a total solar eclipse that traverses North America. Astronomers at NASA say that it could be as long as 375 years before a similar event occurs along this North American pathway. Over the past few months, Amadeus has been tracking the impact of the eclipse on hotel booking patterns across America using forward-looking business intelligence data from Demand360+. The … [Read more...]
Access Point Financial launches PIP Renovation Program
Access Point Financial (APF) has unveiled its PIP Renovation Program designed to support hotel owners in meeting franchisor-mandated improvements and refreshing their assets. The program allows owners to access capital for the costs involved in completing required renovations. Additionally, it can include CapEx loans for a property refresh that is not associated with a franchisor-mandated … [Read more...]
Marriott Executive Apartments Port Moresby Debuts in Papua New Guinea
Marriott Executive Apartments, part of Marriott Bonvoy's global portfolio of over 30 extraordinary hotel brands, today announced it's debut in the Australia, New Zealand and Pacific Region with the opening of Marriott Executive Apartments Port Moresby. The waterside property in the heart of Port Moresby, Marriott International's first in Papua New Guinea, is set within the mixed-use development of … [Read more...]
25hours Hotels will open their second hotel right on the waterfront in July
25hours Hotels will open their second property in Copenhagen on 27 July. 25hours Hotel Paper Island has found its home just a few steps away from Nyhavn. The eye-catching new build with its 128 rooms, Asian restaurant, day bar and rooftop bar is situated in the city centre on the island of Christiansholm, also known as Paper Island. For a long time, the headed-up island in Copenhagen harbour was … [Read more...]
TPG Hotels & Resorts opens Dallas-based operations HQ
TPG Hotels & Resorts has centralized its management company platform with the opening of its new national operations headquarters based in Dallas. “Greater Dallas has quickly become the nation’s hub for leading hospitality management firms, and it is exactly where TPG Hotels and Resorts belongs,” said Ben Perelmuter, president/COO, TPG Hotels & Resorts. “The strategic decision … [Read more...]
HB on the Scene: Importance of soft brands highlighted at Hunter
The 35th annual Hunter Hotel Investment Conference, held at the Atlanta Marriott Marquis, brought together the hotel industry for networking, information and education sessions. During the Brands + Owners: A 360° Perspective breakout session, moderated by Glenn Haussman, host, No Vacancy Podcast, and one of the moderators of the Hotel Business Hot Topics series, panelists Matt Marquis, CEO, … [Read more...]
TPG Hotels & Resorts Opens New Dallas-based Operations Headquarters
TPG Hotels & Resorts, one of the nation’s premier hospitality management firms, announced today that it is centralizing its management company platform with the opening of its new national operations headquarters based in Dallas, Texas. “Greater Dallas has quickly become the nation’s hub for leading hospitality management firms, and it is exactly where TPG Hotels and Resorts belongs. The … [Read more...]
Hot Off The Press – March 2024
VP, Content & Partnerships Christina Trauthwein talks about some of the stories you can find in the March 2024 issue of Hotel Business. In addition to a cover feature on the state of transactions in the hotel industry, there is the annual brokers list. Also, there is an interview with AAHOA’s Bharat Patel, another with Roberto Contreras of DC Partners, and stories on laundry equipment and … [Read more...]
The Ultimate Guide to Visiting the Acropolis and Parthenon in Athens
You can’t miss the Acropolis when visiting Athens, you can see it from everywhere! Standing proud over the city, the Acropolis is the number one attraction in Athens. So, you know what that means? A lot of crowds! This ancient citadel, perched above the city on a limestone plateau, is a beacon of history, art, and civilization. For those drawn to the echoes of the past, a visit to the Acropolis … [Read more...]
LBA Hospitality opens Residence Inn Galveston Island
LBA Hospitality, a hotel management company and operator of more than 100 hotels, has opened the Residence Inn Galveston Island. Situated at 4028 Ave. U in Galveston Island, the new property is near Pleasure Pier, the Downtown Strand and Galveston Beach. The opening of the Residence Inn Galveston Island is a milestone for LBA as it represents its first collaboration with the owners of Om Sai … [Read more...]
Bonbon Beach and Sandbar on Romblon Island
Experience the Serene Beauty of Bonbon Beach and Sandbar Table of Contents Discover the enchanting beauty of Bonbon Beach and Sandbar on Romblon Island! This heavenly oasis is renowned for its pristine white sands, shimmering waters, and breathtaking sandbar that stretches out into the sea. Nestled within the Sibuyan Sea, this tropical paradise beckons travelers in search of untouched … [Read more...]
Hilton Announces the Opening of Canopy by Hilton Seychelles
Located along Mahé's Anse à la Mouche bay, the first Canopy by Hilton resort is set to bring a new sense of sophistication to the oceanfront community Hilton (NYSE: HLT) announced the opening of its newest property, Canopy by Hilton Seychelles - marking the boutique lifestyle brand's debut in the Indian Ocean. Situated in the south of Mahé, Canopy by Hilton Seychelles is the brand's first resort … [Read more...]