JLL Capital Markets worked on behalf of Songy Highroads LLC and Hyatt Hotels Corporation in this transaction Appeared first on: hotelnewsresource.com … [Read more...]
HVS Asia Pacific Hospitality Newsletter & Week Ending 10 May 2024
Weekly Hospitality Industry Asia Pacific News Roundup from HVS Appeared first on: hotelnewsresource.com … [Read more...]
Understanding the Current State of the U.S. Hotel Transaction Market & By Eric Guerrero and Josh Williams
The hotel transaction market continues to face significant headwinds. Nonetheless, there are still many good deals to be had, and with some patience and strategy, long&term returns may match or even exceed an investor’s expectations. This article examines and compares current transaction data to historical activity. Appeared first on: hotelnewsresource.com … [Read more...]
Orlando, FL is the Top Meeting Destinations in the U.S. for 2024
Cvent Announces Top Meeting Destinations and Hotels Worldwide for 2024 Appeared first on: hotelnewsresource.com … [Read more...]
Hotel Giant's Ever&growing Brands & Why So Many, and How Are They Managed?
Hotel Management Network dives into the world of brand proliferation in the hotel industry, exploring the reasons behind the trend and the intricate ownership structures that underpin it. Appeared first on: hotelnewsresource.com … [Read more...]
Waldorf Astoria Residences Ras Al Khaimah Announced for 2026
Waldorf Astoria Residences Ras Al Khaimah will comprise 43 ultra&luxury residences, penthouses, and sky palaces. Appeared first on: hotelnewsresource.com … [Read more...]
California Bans Junk Fees As of July 1, 2024. Good Bye to Junk Fees, Resort Fees, Mandatory Service Charges, and Drip Pricing. Hello to & the Fruits of SB 478 & By Jim Butler
As of July 1, 2024, California will implement a high&profile law to ban such junk fees unless they are specifically exempted. Here are the details. Appeared first on: hotelnewsresource.com … [Read more...]
U.K. Hospitality Vacancies Remain Stubbornly Above Pre&pandemic Levels, with Little Positive Movement in Five Months
There were 107,000 vacancies in hospitality in the quarter to April 2024, according to the Office for National Statistics. This is 15% higher than pre&pandemic levels of 93,000. Appeared first on: hotelnewsresource.com … [Read more...]
Decameron All Inclusive Hotels & Resorts Join Wyndham Rewards Program
Deal brings over 2,600 rooms into Wyndham's all&inclusive portfolio Appeared first on: hotelnewsresource.com … [Read more...]
Red Roof Plus Palm Coast, FL Sold
DSH Hotel Advisors held the exclusive listing with the seller, generating 105+ signed Confidentiality Agreements from qualified buyers and receiving 13+ offers from buyers throughout the country. Appeared first on: hotelnewsresource.com … [Read more...]
Four Seasons Hotel Toronto Completes Multi Million Dollar Guest Room Renovation
The redesign encompasses all 259 guest rooms including 42 suites within the Hotel. Appeared first on: hotelnewsresource.com … [Read more...]
Fontainebleau Miami Beach to Unveil 45,000 Square Foot Coastal Convention Center in Q4 2024
Spanning five stories and 45,000 square feet, this state&of&the&art facility features a versatile, modern design to elevate customized business and leisure events & ranging from personal and intimate to grand, large&scale events & within Miami's booming social and convention tourism industry. Appeared first on: hotelnewsresource.com … [Read more...]
New Ravenna Intros San Marco Collection
New Ravenna, a designer and manufacturer of mosaics for residential and commercial installations, has introduced the San Marco collection, in homage to the Italian lineage of New Ravenna and the enchantment of Venice. Drawing inspiration from the characteristics of the Lagoon city, Jacquelyn Bizzotto designed 10 patterns that capture the artisanal elements synonymous with Venice. The San Marco … [Read more...]
Hotel Rewards Programs Are Going Greener, Extending Across Brands New Report Finds
iSeatz's 5th Annual benchmark analysis of hospitality rewards shows across&the&board increases in point earn and burn opportunities, driven by sustainability and non&traditional lodging. Appeared first on: hotelnewsresource.com … [Read more...]
Web Publishers Brace for Carnage As Google Adds AI Answers & Washington Post
The tech giant is rolling out AI&generated answers that displace links to human&written websites, threatening millions of creators Appeared first on: hotelnewsresource.com … [Read more...]
Study Reveals Real Cost of Concert Tourism Across 50 Major U.S. Cities
Upgraded Points recently analyzed the costs of traveling for a weekend to see a concert in 50 U.S. cities along major tour stops for the summer 2024 concert season. Appeared first on: hotelnewsresource.com … [Read more...]
A Deep Dive from STR into Japan's Hotel ADR Growth Trends
Japan's growth in hotel revenue per available room (RevPAR) has remained extremely impressive over the past 15 months & a function of a later opening post&pandemic, above&average inflation, and an influx of international demand. That's largely reflected in average&daily&rate (ADR) growth, although through much of 2023, the first and third points helped drive … [Read more...]
Cloudbeds and Cendyn Partner to Enhance Hotel Revenue and Guest Experience
The integration of Cloudbeds’ property management system (PMS) with both Cendyn CRM and Cendyn Digital Marketing Platform (DMP) provides cross&channel connectivity, digital advertising management, robust marketing automation, and insightful analytics. Appeared first on: hotelnewsresource.com … [Read more...]
What It Really Takes To Book More Groups, Meetings, and Events These Days & By Doug Kennedy
Today's hotel and event salespeople work in completely different environments than most of their leaders experienced. Meeting and event booking sites have created a flood of leads, which can be overwhelming for those working in a sales role equipped and staffed for the era when leads came in by phone or website inquiry forms. Appeared first on: hotelnewsresource.com … [Read more...]
Oracle Hospitality Hotel Merchandising Solution to Be Offered to Choice Hotels International's Portfolio of Upscale Hotels
With the Oracle Nor 1 AI&powered upselling tool, properties can help increase revenue while providing tailored experiences to guests & Properties using Nor1 eStandby Upgrade averaged a 17% uptick in upsell revenue per transaction over booked rates Appeared first on: hotelnewsresource.com … [Read more...]
U.S. Airlines Are Expected to Carry 271 Million Passengers This Summer, Up More Than 6% from Last Year
Airlines for America Predicts Record&Setting Summer Travel Season for U.S. Airlines Appeared first on: hotelnewsresource.com … [Read more...]
Mews Acquires HS3 Hotelsoftware to Bolster German Expansion
Mews now serves 15% of available rooms in German hotels, apartments and hostels Appeared first on: hotelnewsresource.com … [Read more...]
Conrad Hotels & Resorts Debuts in Bahrain
Conrad Hotels & Resorts, Hilton's (NYSE:HLT) global luxury hotel brand, today announced the opening of Conrad Bahrain Financial Harbour, signifying the debut of the brand in Bahrain. Situated in the state-of-the-art SAYACORP Tower, Conrad Bahrain Financial Harbour is in the heart of downtown Manama, just minutes away from key attractions and business venues such as Bahrain Financial Harbour, … [Read more...]
THE PLACE Firenze Welcomes Guests to their Reimagined Property in the Heart of Florence, Italy
THE PLACE Firenze, a renowned luxury hotel nestled in the heart of Florence overlooking the picturesque Piazza Santa Maria Novella, proudly announces its grand reopening following an extensive renovation. Under the meticulous care of parent group The Hospitality Experience, owners the Babini Family, and General Manager Claudio Meli, the hotel unveils a transformative chapter in its storied … [Read more...]
Tribute Portfolio Debuts in the United Arab Emirates with The First Collection at Jumeirah Village Circle, a Tribute Portfolio Hotel
Tribute Portfolio - part of Marriott Bonvoy's growing collection of characterful, independent hotels - welcomes its first hotel in the Middle East with the launch of The First Collection at Jumeirah Village Circle, a Tribute Portfolio Hotel in Dubai. Tribute Portfolio - part of Marriott Bonvoy's growing collection of characterful, independent hotels - welcomes its first hotel in the Middle East … [Read more...]
Michael Innocentin named Omni CMO
Omni Hotels & Resorts has appointed Michael Innocentin as its chief marketing officer (CMO). Innocentin will oversee the planning, development and execution of all brand marketing initiatives, including advertising, public relations, social media, the website and digital campaigns. Additionally, he will direct Omni’s customer engagement and Select Guest Loyalty programs. He will report … [Read more...]
Everhome Suites Debuts First Hotel Reflecting Brand Standard Prototype in Nampa, Idaho to Meet Growing Demand in Market
Everhome Suites Continues to Grow with its Third Opening and Over 60 Hotels in the Pipeline Choice Hotels International, Inc. (NYSE: CHH) announced the opening of Everhome Suites in Nampa, Idaho, marking the midscale extended stay brand's third opening, with more than 10 open hotels forecasted within the next year. The Nampa hotel exemplifies the brand's Closer to Home design package, … [Read more...]
Wyndham Partners With Decameron All Inclusive Hotels & Resorts
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts and Decameron All Inclusive Hotels & Resorts announced a newly formed alliance, giving Wyndham Rewards members access to more all-inclusive offerings, including nine new resorts across Mexico, Panama, and Jamaica. The latest in a growing list of industry collaborations, the deal expands Wyndham’s all-inclusive offerings to more than 50 … [Read more...]
Where to Stay in Algarve: 5 Best Areas To Stay In 2024
The Algarve sneaks into first place when most people consider a beach holiday in Portugal. Located along the Atlantic coastline, it is known for its dramatic scenery, with scenic beaches backed by orange sandstone cliffs and sea caves like Benagil. This slither of coastline is renowned as one of Europe’s best surfing destinations. As it’s located just above North Africa, you’ve got at least 300 … [Read more...]
ESA Premier Suites hotel opens in Florida
Extended Stay America (ESA) has opened the Extended Stay America Premier Suites Fort Myers – Airport in Fort Myers, FL. Turnstone Group developed the property, which Sandpiper Hospitality will manage. The four-story, 124-room newly constructed Extended Stay America Premier Suites Fort Myers – Airport hotel features free WiFi, complimentary healthy breakfast, premium cable, a fitness room, onsite … [Read more...]