Wells Fargo, Bank of America and Goldman Sachs provided financing for the 2,619&key resort in Lake Buena Vista Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 10/05/2024
Meet the Money 2024 Presentations Now Available
Some of the insightful presentations included observations on the current economy, insurance and investment advice tailored for hospitality, boutique hotel investment patterns, the Lodging Industry Investment Council's Top 10, and the state of the hospitality industry in 2024. Appeared first on: hotelnewsresource.com … [Read more...]
Tripleseat for Hotels Teams Up with Best Western Downtown Casper Hotel in Wyoming Offering Unparalleled Group Sales and Event Planning Solutions
Best Western Downtown Casper Hotel chose Tripleseat for Hotels as their group sales and catering management platform to improve standard operating procedures, increase efficiency, and for its comprehensive reporting capabilities. Appeared first on: hotelnewsresource.com … [Read more...]
Hyatt Plans to Open 30+ Hotels in Latin America & the Caribbean Through 2027
The momentum continues in Latin America & the Caribbean beyond 2025 with forthcoming openings through 2027 including Andaz Turks & Caicos at Grace Bay, Grand Hyatt Los Cabos, Grand Hyatt St. Lucia, Park Hyatt Cancun, Park Hyatt Mexico City, Thompson Monterrey, Chatwal San Miguel de Allende and Thompson Puerto Vallarta. Appeared first on: hotelnewsresource.com … [Read more...]
Travel and Tourism Exports Help Drive UK Growth
Travel was the single biggest change in exports in the first quarter of 2024, helping contribute to GDP growth. Appeared first on: hotelnewsresource.com … [Read more...]
Oman's Travel & Tourism Sector Set for Historic Growth, Predicts WTTC
According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution surged by almost 35%, totalling OMR 2.8BN, and is on track to surpass previous records. Appeared first on: hotelnewsresource.com … [Read more...]
HVS Hotel Market Report & Amsterdam Market Pulse & Full Recovery in Sight & By Maxime Gauthier
A snapshot of the Amsterdam hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook. Appeared first on: hotelnewsresource.com … [Read more...]
Hilton to Open First Curio Collection by Hilton Property in Thailand & " ' at the End of 2024
Located in the heart of Bangkok's prime Sukhumvit shopping district, KROMO, Curio Collection by Hilton marks Hilton's inaugural project with SC Asset Corporation PCL Appeared first on: hotelnewsresource.com … [Read more...]
Hilton Garden Inn Townsville to Open 2026 in in North Queensland, Australia
Slated to open in 2026 alongside the Queensland Country Bank Stadium Appeared first on: hotelnewsresource.com … [Read more...]
Compensation Declaration: Why the Growth of Management Company Fees Slowed in 2023
Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel revenue increased by 153 percent from 2020 to 2022, while gross operating profits (GOP) grew by 437 percent. This resulted in a 68 percent increase in … [Read more...]
Copthorne Hotel Aberdeen Celebrates Extensive Refurbishment
Copthorne Hotel Aberdeen, a landmark of hospitality since its inception in 1974, is excited to announce the completion of an extensive refurbishment across all guest rooms and public areas. This marks a pivotal moment in the hotel's storied history, with enhancements designed to position it as a front-runner in luxury accommodations within the region. Comprehensive Upgrades for a Modern Guest … [Read more...]
Mews launches Flexible Financing funding program
Mews has launched the Flexible Financing funding program, which provides hospitality businesses with access to capital, as the number of hoteliers branching out to offer additional amenities for guests has more than doubled in the last year. Flexible Financing is delivered in collaboration with financing provider YouLend, enabling eligible customers to receive funding of up to 1 million euros … [Read more...]
GASAN CHURCH: St. Joseph Spouse of Mary Catholic Church
Gasan Church in Marinduque Province Table of Contents Gasan Church, officially known as St. Joseph Spouse of Mary Parish, is a historic and significant religious site situated in the municipality of Gasan, Marinduque, in the Philippines. It was established in 1609 and belongs to the Roman Catholic Diocese of. Boac. Throughout its existence, the church has played a vital role in the religious … [Read more...]
Placemakr expands in Texas with four new properties
Placemakr, a flexible-use hospitality and multi-family operator, will expand across Texas with four new property launches, bringing the company’s total operations to more than 800 units in the state. The expansion includes the acquisition of Placemakr Downtown Austin, formerly named 3Waller, a 259-unit property in the heart of downtown Austin, marking the 6th property acquisition for … [Read more...]
Sonesta opens hotels in Wyoming and Michigan
Sonesta International Hotels Corporation has opened Red Lion Gillette in Gillette, WY, and Sonesta Grand Rapids in Grand Rapids, MI. Red Lion Gillette is a 159-room, select-service value hotel, while Sonesta Grand Rapids Airport is a 183-room upscale property. “We are excited to open the first Sonesta hotels in Gillette, WY, and Grand Rapids, MI,” said Norman Leslie, cofounder, Lodging Opportunity … [Read more...]
Knowland: Nashville records highest meetings growth in April
Nashville saw an uptick in meetings and events in April, growing 38% year-over-year (YOY), according to data from Knowland. Las Vegas continued a steady climb with 22.8% YOY growth. This data is sourced from Knowland’s sales intelligence platform and designed to help hoteliers protect and grow their revenue base. Overall meeting volume growth was flat for the industry at a 1.3% increase YOY. The … [Read more...]
stayAPT lays out growth plan
US long stay brand StayAPT Suites has signalled the next phase of its growth, signing a deal with development partner Powerhouse Hotels. The deal promises to add 30 more locations across mainland US to the StayAPT pipeline, expanding the brand’s footprint to 25 states within the next five years. StayAPT has, as of April 2024, 22 hotels open and operating, with an expectation the brand will grow to … [Read more...]
Fairmont Le Montreux Palace Unveils Completion of First Phase in Extensive Renovation Project
Fairmont Le Montreux Palace, an iconic BelleÉpoque landmark since 1906, proudly announces the successful completion of the first phase of its extensive renovation project. This phase, featuring the refurbishment of 60 lake view rooms and enhancements to a third of its lake-facing facade, marks a significant milestone in the hotel's journey towards redefining luxury hospitality. Led by … [Read more...]
Hilton Molino Stucky Venice Launches 24 Luxurious New Suites Inspired By The Venetian Lagoon
New Suites by Renowned Italian Designer Biagio Forino Span Three Categories and Enhance Current Offering of Existing Molino Suites and a Presidential Suite. Hilton Molino Stucky Venice, the five-star hotel and former flour mill on Giudecca island, is delighted to unveil 24 new suites by renowned Italian designer Biagio Forino. The new suites, which feature design details and a colour palate … [Read more...]
Choice builds French presence
The move will see over 30 hotels rebrand to the Choice hotel family of brands, adding more than 4,000 rooms to the group’s inventory across France. It will grow its Clarion, Comfort and Ascend Collection brands through the partnership, and the two businesses are also investigating the potential for bringing one or more of Choice’s long stay brands into the French market, too. Family-owned … [Read more...]
Outbound Hotels Announces Newest Property: Outbound Stowe
Outbound Hotels, the pioneering hotel brand redefining adventure lodging in America's great outdoor destinations, unveils its latest addition: Outbound Stowe, nestled in the picturesque beauty of Stowe, Vermont. Following the success of its predecessors in Jackson Hole, WY, and Mammoth Lakes, CA, Outbound Stowe aims to encapsulate Vermont's outdoor charm. With a soft opening scheduled for early … [Read more...]
The George Hotel, Operated by The Indigo Road Hospitality Group, Opens on Historic Front Street 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 major 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 Street in more than 50 years, as well as The Indigo Road's first property to open in the company's home state of South … [Read more...]
Hotel Indigo Grand Cayman Opens Its Doors: A One-of-a-Kind, Design-Forward Hotel on Famed Seven Mile Beach
Featuring Innovative Culinary Experiences, Modern Accommodations And One Of The Island's Only Rooftop Lounges, This New Lifestyle Hotel Is Available To Book Now. Today's unveiling of Hotel Indigo Grand Cayman has added a touch of brilliance to Grand Cayman's picturesque Seven Mile Beach. Developed by IHG Hotels & Resorts and Dart, the highly anticipated upper upscale lifestyle hotel offers an … [Read more...]
Marriott International Signs Agreement with Balwa Group to Debut Tribute Portfolio in Mumbai
The Ballard, a Tribute Portfolio Hotel — Photo by Marriott The Ballard, a Tribute Portfolio Hotel — Photo by Marriott Marriott International Inc. has signed an agreement with the Balwa Group to launch the first Tribute Portfolio Hotel in Mumbai, The Ballard, a Tribute Portfolio Hotel. Located amongst the most coveted commercial areas in Mumbai, Ballard Estate is Mumbai's oldest and most iconic … [Read more...]
Celebrate Mother’s Day with the gift of wellness from Smart and mWell
Get the Gift of Wellness: Smart and mWell Partnership on Mother’s Day. To celebrate Mother’s Day, PLDT mobile services arm Smart Communications, Inc. (Smart) has partnered with digital healthcare platform mWell. This partnership will allow subscribers to redeem a Smart Health Pass, which can be used to access essential health services. It’s a great way to gift wellness to your mother on this … [Read more...]
The new Six Senses Kyoto pays tribute to this city’s Golden Age
Through its modern biophilic design, the hotel pays tribute to the Heian period, when this city was the country’s capital, considered the ‘golden age’ of art and culture. Inspired design Six Senses Kyoto is now open among the shrines and palaces of Japan’s ancient former capital. In line with the Six Senses philosophy, this exciting new property combines sustainability and wellness with a … [Read more...]
NOW OPEN: FIREFALL RANCH, YOSEMITE’S NEW LUXURY GETAWAY
Travelers worldwide are celebrating the highly anticipated opening of Firefall Ranch near Yosemite’s northwest entrance. The ranch is grand and refined, yet warmly welcoming, with a sophisticated blend of rustic elegance and nature-forward experiences. Appeared first on: breakingtravelnews.com … [Read more...]
The Most Magnificent Beaches in Bodrum
Bodrum, a jewel on the southwestern coast of Turkey that beckons beach lovers with its mesmerizing blend of natural beauty and vibrant culture. While known for its stunning beaches and crystal-clear waters, uncovering these hidden gems can sometimes be challenging. Whether you’re seeking a serene escape or a lively beach party, Bodrum offers a slice of paradise for every traveler. In this blog … [Read more...]
Revolutionizing the Dining Experience : A First Interactive Catalog
Discover Revol's legacy of high-end tableware for hospitality and restaurants since 1768. Explore our digital catalog featuring tableware, buffet pieces, cutlery, and Mealplak trays. Browse our latest collections and create your product list effortlessly. Explore the 2024 catalogue now. Appeared first on: tophotel.news … [Read more...]