Overall, the report trended toward cautious optimism, especially for the recovery of corporate travel and lender activity. Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 09/05/2024
The Value of Alternative Payment Options for Hotel Booking Engines
When evaluating the payment processing capabilities of a potential booking engine partner, consider their ability to integrate with alternative payment solutions. This includes the increasingly popular 'buy now, pay later' financial technology companies. Setting up a booking engine that provides these models ensures that you are. Read on to learn more about how alternate payment options … [Read more...]
What Your Hotel Booking Performance Can Tell You About Demand Patterns & By Ewa Gabara
Searching for demand patterns for your property is like traveling to the past and then going to the future to forecast how to set up your hotel for success. And no, it's not a 'Back to the Future' movie scene. Instead of a time machine, you need data on your hotel's booking performance from your property management system. After reading this article, you will learn how an … [Read more...]
Hotel Marketing Podcast Episode 258 & Don't Lose Your Analytics Data on July 1st! Here's What You Need to Do
In today's very brief episode, we're going to talk about the biggest update in analytics since GA4. Every hotelier MUST listen to this episode Appeared first on: hotelnewsresource.com … [Read more...]
Unlocking the Advantages of Sustainable Practices for Hoteliers
Sustainability for hoteliers is not just a trend; it is a smart move for a successful business strategy from a 360°ree view. Appeared first on: hotelnewsresource.com … [Read more...]
From the NBA to Destination Marketing: Leveraging Data, Innovation, and Technology
Lindsay Milne, Vice President of Marketing, Meet Boston, applies her experience in professional sports to marketing one of the US's primary urban destinations: the city of Boston! Appeared first on: hotelnewsresource.com … [Read more...]
Poor Management Drives Hotel Distress According to Finance Executives & CoStar
While there have been many debt&related concerns in an era of high interest rates and limited availability, a panel of experts said the top issue driving distress in the hotel industry is still inefficient and ineffective operations. Appeared first on: hotelnewsresource.com … [Read more...]
IHCL Expands Its Partnership with CG Hospitality, to Grow Its Portfolio in the Indian Subcontinent
Indian Hotels Company (IHCL) today announced a strategic partnership with CG Hospitality, extending its current association of TAL Hotels & Resorts Limited and Taj Safaris Limited to achieve a portfolio of 25 hotels by 2025. Appeared first on: hotelnewsresource.com … [Read more...]
AAHOA, ORLA Monitor Proposed Use of Hotel Tax Revenue by City of Salem, OR
The City of Salem, OR, has found an alternate solution to its initial plan to use transient lodging tax dollars for library funding gaps. Instead, it will use funds from the American Rescue Plan Act. AAHOA (Asian American Hotel Owners Association) and ORLA (Oregon Restaurant & Lodging Association) proactively watch attempts from local municipalities to use protected lodging tax dollars for … [Read more...]
Courtyard by Marriott London City Airport Hotel Listed for Sale
Purpose&built hotel providing 184 bedrooms with an average size of 22 sqm. Opened in 2021 with further upside potential to add 12 further bedrooms, subject to planning consent. Appeared first on: hotelnewsresource.com … [Read more...]
Internova Travel Group Survey Shows Positive Outlook for Business Travel in 2024
Eighty&five percent of business travelers surveyed expect to be on the road the same amount or more often in 2024 versus 2023. Appeared first on: hotelnewsresource.com … [Read more...]
Sonesta Resorts & Maho Beach & Ocean Point in St. Maarten Listed for Sale
CBRE exclusively presents the opportunity to acquire the Sonesta Maho Resorts, which include the Sonesta Maho Beach Resort, Casino & Spa and Sonesta Ocean Point Resort, two all&inclusive oceanfront properties totaling 550 keys, located in the heart of one of the Caribbean's most popular tourist destinations. The offering also includes a 21,000 sq. ft. casino, approximately 55,000 sq … [Read more...]
Choice Hotels International Concludes 68th Annual Convention
Highlights included the relaunch of Park Inn by Radisson, the reintroduction of the SOAR program to create hotel ownership opportunities for underrepresented entrepreneurs, and awards for top hotels Appeared first on: hotelnewsresource.com … [Read more...]
How Net Promoter Score Can Drive Growth and Loyalty for Your Hotel & By Catalina Brinza
In the last years, staying ahead of the competition while providing an exceptional guest experience has become increasingly difficult. Here’s how the Net Promoter Score (NPS) can help your hotel create a virtuous cycle of guest satisfaction, positive recommendations, and increased retention, ultimately driving growth and success in the highly competitive hospitality industry. Appeared first on: … [Read more...]
Understanding the Hotel Compset: Why Your Hotel Should Develop One & By Elizabeth Smith
Consumers want to find the best value and guest experience for their money. They are already analyzing room rates, special packages, services, amenities, and more. Knowing this information can significantly impact how you position your property, attract more business, and ultimately, drive revenue. Here's a closer look at how to define your competitor set and leverage this knowledge to … [Read more...]
Asia Pacific Excluding China Hotel Construction Reaches New Highs with 13% Year&Over&Year Project Count Growth
As seen in the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia Pacific region, excluding China, (APEC) reached a record&breaking project total of 2,021 projects/402,312 rooms. This new all&time high represents a 7% year&over&year (YOY) increase in projects and a 2% YOY increase in rooms. Appeared first on: … [Read more...]
Nashville Sees Highest Growth in Meetings and Events in April, Up 38 Percent Year&over&Year
Overall meeting volume growth was flat for the industry at a 1.3 percent increase YoY. The average space used for meetings in the Top 25 markets was 3,768 sq. ft., and secondary markets were at 3,684 sq. ft. Average attendees also grew slightly to 133 in the Top 25, while secondary markets averaged 127 attendees. Appeared first on: hotelnewsresource.com … [Read more...]
The St. Regis Longboat Key Resort Opens on Florida's Gulf Coast
The Opening Marks the Only St. Regis Launching in the U.S. This Year and the Largest Development on the Island in Over 50 years Appeared first on: hotelnewsresource.com … [Read more...]
OTA Savings by Xáquic⢠Announces Strategic Alliance with Preferred Travel Group
This collaboration gives Preferred Travel Group access to the most cutting&edge OTA reconciliation technology and services and allows Preferred Hotels to save time and money on OTA Commissions. Appeared first on: hotelnewsresource.com … [Read more...]
Aimbridge names Eric B. Jacobs chief global growth officer
Aimbridge Hospitality has appointed Eric B. Jacobs as its new chief global growth officer, effective June 2. He will sit on the organization’s executive leadership team and report directly to CEO Craig S. Smith. As chief global growth officer, Jacobs is set to oversee all aspects of growth and development, leveraging his more than three decades of North America and International leadership across … [Read more...]
UN Tourism Calls for Cross&Cultural Dialogue and Climate Actions in Tourism
UN Tourism has joined leading international organizations and government leaders at the World Forum on Intercultural Dialogue, held in Baku around the theme of 'Dialogue for Peace and Global Security: Cooperation and Interconnectivity.' Appeared first on: hotelnewsresource.com … [Read more...]
U.S. Hotel Performance for Week Ending May 4th
U.S. hotel performance showed mixed results from the previous week, according to CoStar's latest data through 4 May. Appeared first on: hotelnewsresource.com … [Read more...]
The Coastal Concierge Partners with Orana Stay to Offer Personalized Guest Interactions Fused with Digital Solutions
Whether guests prefer a fully digital experience or seek live, local concierge assistance, the partnership delivers a platform tailored to their communication preferences.5.9.2024 The Coastal Concierge of Sarasota, renowned for its impeccable white-glove guest concierge services, has launched a groundbreaking collaboration with Orana Stay, creators of fully branded and curated digital … [Read more...]
Booking.com: Family Travel Expected to Increase in Summer 2024
Booking.com reports that searches for accommodations by families for the summer travel season are already seeing an 8 percent increase as compared to last year, while flight searches globally are seeing an increase of 21 percent. These figures underscore an interest in travel this summer, as families look to make the most of the warmer months ahead. Almost two-thirds (62 percent) of families … [Read more...]
The Hotel Portsmouth opens after redesign
Lark Hotels, the lifestyle hotel company with boutique properties in destinations throughout the U.S., has reopened flagship Portsmouth, NH property, The Hotel Portsmouth. Originally built in 1881 by ship merchant and businessman John E. Sise, the hotel is a classic example of Queen Anne Victorian architecture and served as one of the port city’s first independent lodging … [Read more...]
LE: APEC construction pipeline breaks all-time record
According to the Q1 2024 Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in the Asia-Pacific region, excluding China, (APEC) reached a record-breaking project total of 2,021 projects/402,312 rooms. This new all-time high represents a 7% year-over-year (YOY) increase in projects and a 2% YOY increase in rooms. At the close of the first quarter, there are … [Read more...]
Oliver Hospitality names Chett Abramson president
Nashville-based hospitality development and management company Oliver Hospitality has appointed Chett Abramson as president. He brings three decades of senior leadership experience to the company, with his background in hotel, food and beverage operations. Previously serving as COO, Abramson played a pivotal role in Oliver Hospitality’s expansion and operational efficiency, according to the … [Read more...]
Hunter Hotel Advisors arranges sale of Boston-area hotels
Hunter Hotel Advisors has arranged the sale of the Hampton Inn Boston/Peabody and Homewood Suites by Hilton Boston-Peabody to Giri Bar Harbor Kebo Inc. and Giri Peabody 57 LLC, respectively. Hunter SVPs Spencer Davidson and Sophia Pittaluga represented the institutional seller. Offering a combined total of 205 keys, the two adjacent properties are positioned along US-1 near the intersection of … [Read more...]
Hyatt reports Q1 global RevPAR increased 5.5%
Hyatt Hotels Corporation, for the first quarter ended March 31, reported comparable systemwide hotel RevPAR increased 5.5% compared to the same period in 2023. In the U.S., RevPAR was up approximately 2%, excluding the impact of Easter. “The year is off to a great start with gross fee revenue reaching a record of $262 million in the quarter,” said Mark S. Hoplamazian, president/CEO, … [Read more...]
The George Hotel opens in Georgetown, SC
The Indigo Road Hospitality Group has opened The George Hotel, a 56-key boutique property in historic Georgetown, SC. The George represents milestones for both The Indigo Road and the city of Georgetown—it is the first hotel to open and operate on the city’s historic Front St. in more than 50 years, according to the company, as well as The Indigo Road’s first property to open in the company’s home … [Read more...]