RevPAR growth fell to 1.5% between 2018 and 2023 from 3% between 2013 and 2018. Given that year&to&date 2024 RevPAR growth is lower than it was a year ago, this slowdown is more reflective of increasing competition from alternative lodging sources rather than a lagging pandemic recovery. Appeared first on: hotelnewsresource.com … [Read more...]
Archives for 01/11/2024
MGM Resorts International Revs Up for Spectacular 2024 Las Vegas Grand Prix
MGM Resorts International is going full throttle for the second lap of the Las Vegas Grand Prix featuring a robust roster of activations and events across The Strip designed to entertain fans leading up to and during race weekend. Appeared first on: hotelnewsresource.com … [Read more...]
Princess Hotels & Resorts Launches First Jamaican Properties: Princess Senses The Mangrove and Princess Grand Jamaica
Spain&based hotel chain Princess Hotels & Resorts has announced the opening of two all&inclusive luxury resorts, Princess Senses The Mangrove and Princess Grand Jamaica, in Jamaica. Appeared first on: hotelnewsresource.com … [Read more...]
The Boardwalk Hotel on Lake Anna by Kasa Officially Opens in Virginia
The boutique lakefront destination, located in Lake Anna, officially opened on October 25, marking a significant milestone in hospitality for Louisa County, Virginia. Appeared first on: hotelnewsresource.com … [Read more...]
European Hotels Showcase Diverse Performance in September 2024
Across Europe, the hospitality industry posted moderate growth in Average Daily Rates (+1.8%), and Revenue per Available Room (+1.2%), despite slight fluctuations in certain segments. Appeared first on: hotelnewsresource.com … [Read more...]
Hilton Set to Expand Italian Portfolio with Two New Hotels Opening in 2025
Hilton has announced plans to expand its Italian portfolio by adding two new hotels in Rome and Naples. Under the brands DoubleTree by Hilton and Hampton by Hilton, these new properties are expected to be operational by 2025. Appeared first on: hotelnewsresource.com … [Read more...]
Four Seasons Hotel and Private Residences in New Orleans Appoints Natalie Placer As the New Marketing Director
A seasoned luxury hospitality professional, Placer brings more than two decades of experience to her new role, including significant tenure with Four Seasons properties across the country. Appeared first on: hotelnewsresource.com … [Read more...]
Davidson Hospitality Group Enters Partnership With Nautic Partners
ATLANTA, Georgia—Davidson Hospitality Group announced that it has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partnership, Nautic Partners will acquire Davidson Hospitality Group from an affiliate of KSL Capital Partners, LLC, in partnership with Davidson management. Davidson Hospitality Group has over $2 billion in annual revenue … [Read more...]
Davidson Hospitality announces new partnership with Nautic Partners
Hospitality management company Davidson Hospitality Group has entered into a new partnership with Nautic Partners, a middle-market private equity firm. As part of this partnership, Nautic Partners will acquire Davidson from an affiliate of KSL Capital Partners LLC, in partnership with Davidson management. Davidson Hospitality Group has more than $2 billion in annual revenue under management and … [Read more...]
Sonesta Executed 30 Franchise Agreements in Q3 2024
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 30 new franchise agreements during the third quarter of 2024, representing growth at seven of the company’s 13 distinctive brands. “With 30 franchise agreements executed in Q3, Sonesta continues to expand across key markets and strengthen relationships with both existing and new ownership groups,” said … [Read more...]
Driftwood completes renovation of Delta West Palm Beach
Driftwood Hospitality Management (DHM) has completed a multimillion-dollar renovation of Delta Hotels by Marriott West Palm Beach, a 199-key hotel located in South Florida. Formerly a Holiday Inn, the property is owned by Miami-based real estate investment firm Activate Hospitality, with DHM overseeing management operations. Renovations include lobby and restaurant modernization, versatile meeting … [Read more...]
Grand Hyatt Scottsdale Resort Debuts $115M Renovation
Hyatt Hotels Corporation (NYSE: H) is proud to announce Grand Hyatt Scottsdale Resort has completed its highly anticipated $115 million property-wide renovation. The property, formerly known as Hyatt Regency Scottsdale Resort & Spa at Gainey Ranch, marks the first Grand Hyatt hotel in Arizona. The newly reimagined luxury resort invites guests to connect with the captivating spirit of the … [Read more...]
Hyatt builds all-inclusive portfolio
Hyatt Hotels & Resorts has agreed a strategic joint venture that will enlarge its portfolio of all-inclusive resorts by almost a third, adding more choice for guests across the Caribbean and in Europe. An agreement with travel conglomerate Grupo Piñero will see 23 new resort properties added to Hyatt’s Inclusive Collection. All but one of the additions currently trade under the Bahia … [Read more...]
U.S. hotel results for week ending Oct. 26
The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Oct. 26. Oct. 20-26 (percentage change from comparable week in 2023): Occupancy: 69.0% (+4.5%) ADR:$168.69 (+4.6%) RevPAR: $116.32 (+9.3%) Among the top 25 markets, Tampa saw the largest occupancy lift (+28.1% to 84.2%), due to continued displacement demand from Hurricane Milton. New … [Read more...]
Preferred Hotels & Resorts adds 24 properties
Preferred Hotels & Resorts added 24 new member properties to its global portfolio in the third quarter. “We are pleased to introduce this outstanding group of 24 new members to our global portfolio of luxury independent properties,” said Lindsey Ueberroth, CEO, Preferred Hotels & Resorts. “Expanding the diversity of our global collection, each of these exciting new additions – spanning 14 … [Read more...]
590-Key Princess Grand Jamaica Now Open
Princess Grand Jamaica — Photo by Princess Hotels Princess Grand Jamaica — Photo by Princess Hotels For those traveling with kids, Princess Grand Jamaica is an all-inclusive, family-friendly resort complete with an aquatic park, kids club, teens center, nanny service and robust activities like tennis and water sports to keep everyone thoroughly entertained. Families can travel in style, with a … [Read more...]
Princess Senses The Mangrove Opens in Jamaica
For couples looking for an intimate escape, Princess Senses The Mangrove is an adult-only, all-inclusive resort, with 401 ocean suites and 14 spectacular overwater villas with partial glass floors and infinity pools, each adorned with thoughtfully crafted details, finished balconies and terraces with swim out pool options. For adults who want to add some spice to their trip, Pleasure Suites are … [Read more...]
Assets Group developing Seychelles resort
Operator yet to be announced Due to launch in 2027, the new resort will be located on Assomption in the Aldabra archipelago, a tiny region of the Seychelles. The new project is being spearheaded by Assets Group, a premium development group specialising in luxury hospitality and sustainable development. The resort will include up to 40 villas with beach access, a wellness spa and gym, … [Read more...]
LIST: Philippine Regular holidays and special non-working days for 2025
Philippine Regular Holidays and Special Non-Working Days in 2025: Complete Guide Table of Contents Planning a year ahead in the Philippines can be exciting, especially when you know the holidays in advance. Whether it’s a time for family gatherings or just a break from work, holidays are always a highlight. In 2025, the Philippine calendar is dotted with regular holidays and special … [Read more...]
RBH signs dual-branded Hotel Indigo Dundee
Reading Time: < 1 minute UK: Third-party operator RBH Hospitality Management has expanded its portfolio in Scotland with the signing of dual-branded Hotel Indigo and Staybridge Suites Dundee. The property features a 102-room Hotel Indigo and an 85-room Staybridge Suites, along with the Daisy Tasker restaurant and bar Eighteen22. Set on the site of a former textile mill … [Read more...]
Hilton Woking Opens Doors to Guests
Hilton Woking features extensive meeting and event facilities, including Surrey's largest hotel ballroom, alongside panoramic views from its 22nd floor LOFT Sky Bar, and marks a significant step in the town's regeneration. Hilton (NYSE: HLT) today celebrated the opening of Hilton Woking, a 189-room hotel situated in the heart of the town's ongoing regeneration project. Located in the newly … [Read more...]
Generator partners with Wonderfruit festival to offer camping
Reading Time: < 1 minute Thailand: Hybrid hotel brand Generator has partnered with Thai festival Wonderfruit to operate the event’s Boutique Camping village this December. The partnership will see Generator introduce its hospitality experience to Asia for the first time. Guests will be able to book private, air-conditioned bell tents and RVs, as well as shared three-bed tents … [Read more...]
Where to Find Vienna’s Best Photo Spots
Vienna, with its blend of imperial architecture, lush gardens, and romantic streets, offers some of Europe’s best backdrops for photography. Whether you’re a traveler seeking iconic shots or a local looking to capture hidden gems, Vienna has endless options for stunning photos. Here’s a guide to Vienna’s best photo spots, covering famous landmarks and off-the-beaten-path treasures. Related … [Read more...]
Choice celebrates extended stay landmark
Choice Hotels International has reached a milestone in the growth of its portfolio, opening its 500th extended stay hotel. The property that enabled Choice to hit the target is the Everhome Suites property in Glendale, Arizona. The hotel is close to demand sources including a local university campus, stadium, casino and Luke Air Force Base. Suited to local needs With 122 rooms, Everhome … [Read more...]
Regent Taste Studio Elevates Immersive Multi-Sensory Experiences
Regent Hotels & Resorts perfectly encapsulates the essence of modern luxury and continues to redefine boundaries with innovative concepts and excellent design. Following its debut in the Greater China market last year, the second season of Regent Taste Studio has graced the doors of Regent Shanghai on The Bund. With the theme ‘The Magic of Beauty of … [Read more...]
Hilton to Further Mexico Expansion
Leading global hospitality company, Hilton (NYSE: HLT), announced the signing of a franchise agreement for the upcoming conversion of The Sens Cancun Adults Only All-Inclusive Resort, Tapestry by Hilton, one of more than 10 new deals Hilton has signed in Mexico in 2024. As one of Hilton’s largest and fastest-growing markets globally, Mexico welcomes guests at … [Read more...]
Accor’s ibis brand expands in Georgia with new hotel in Tbilisi’s historical district
ibis, a leader in accessible high-quality and affordable accommodation, today announces the opening of ibis Tbilisi City, the brand family's seventh hotel in Georgia's capital. Located in the Ortachala district, a vibrant area home to numerous local attractions and government offices, the newly built hotel offers convenient access to the historic old town, shopping districts, and key transport … [Read more...]
Sheraton Jumeirah Beach Resort and Aloft Palm Jumeirah Welcome the Return of Mohamed El Aghoury
Sheraton Jumeirah Beach Resort and Aloft Palm Jumeirah are proud to announce the return of Mohamed El Aghoury as the Multi-Property General Manager. With over 30 years of leadership in the hospitality industry, El Aghoury brings a wealth of experience in enhancing performance, transforming properties, and delivering exceptional guest experiences. His return … [Read more...]
Crowne Plaza Podgorica set to open in the Capital Plaza by the end of 2024
Crowne Plaza Podgorica — Photo by IHG IHG Hotels & Resorts (IHG), one of the world's leading hotel companies, announces the signing of Crowne Plaza Podgorica - its seventh hotel in Montenegro, and second in the capital city. The converted property, owned by BIG CEE, is set to open by the end of 2024. The 122-key hotel is situated within the Capital Plaza mixed-use development and surrounded by … [Read more...]
Accor Announces the Signing of Sofitel Sapa Hotel & Residences in Northern Vietnam
Signature Ceremony on October 23rd in Sofitel Legend Metropole Hanoi, Vietnam - from left to right: Mr. Nguyễn Minh Nhật - Vice chair of the Board Alphanam Group - Ms. Nguyễn Ngọc Mỹ (Sylvia) - Vice chair of the Board Alphanam Group - Ms. Maud Bailly, CEO of Sofitel, Sofitel Legend, MGallery and Emblems - Mr. Tom Meyer, Senior Vice President Operations Sofitel, Sofitel Legend, MGallery and … [Read more...]