According to the Hospitality Group and Business Performance Index from Knowland and Amadeus, which now focuses on year-over-year (YOY) performance, the group health index is 102.3% YOY and six of the top 25 U.S. markets have achieved 110% compared to the same time in 2023. Las Vegas: 121% Boston: 121% Seattle: 119% Houston: 114% New York City: 110% Minneapolis: 110% The Index combines event data … [Read more...]
Marriott reports global RevPAR increase of 4.2%
Marriott International Inc., for the first quarter ended March 31, reported comparable systemwide constant-dollar RevPAR increased 4.2% worldwide—1.5% in the U.S. & Canada and 11.1% in international markets—compared to the 2023 first quarter; “We were pleased with our results in the quarter, which included both excellent net rooms growth and cash generation,” said Anthony Capuano, … [Read more...]
HB on the Scene: Choice highlights ‘Next Level’ success
Choice Hotels International kicked off its 68th annual convention—with a “Next Level” theme—at the Mandalay Bay Resort and Casino in Las Vegas highlighting the company’s “strong competitive position” and its plans to help owners and operators capitalize on the growing demand for leisure and business travel. Patrick Pacious, Choice Hotels president/CEO, opened the three-day event, … [Read more...]
A Paradigm Shift in Hospitality: The Procell InSite Solution by the Duracell Company
The hospitality industry is undergoing a transformative shift towards operational efficiency, sustainability, and elevated customer experiences. Duracell's innovative Procell InSite solution emerges as a game-changer, integrating cutting-edge technology to optimize operations, promote sustainability, and enhance guest satisfaction. Download this featured report to explore the multifaceted … [Read more...]
Your Ultimate Bucket List Sports Events
Are you ready to dive deeper than ever into the thrilling world of sports and discover what makes these events more than just competitions? Buckle up for an exhilarating journey as we explore the top 10 bucket list sports events in the upcoming months that promise to deliver unforgettable experiences. From the high-speed thrill of Formula 1 races to the elegant clashes of Grand Slam tennis … [Read more...]
IHG opens first avid-Candlewood dual-branded property
IHG Hotels & Resorts (IHG) has opened its first dual-branded avid hotels and Candlewood Suites property in North Platte, NE, following the prototype’s launch in 2021. Operating under the ownership of Nightcap Management LLC, avid hotel and Candlewood Suites North Platte marks the first milestone in the growth trajectory for the dual-brand pairing, with more than 40 additional hotels in the … [Read more...]
Red Roof PLUS+ property opens in San Antonio
Red Roof has opened the 59-room Red Roof PLUS+ San Antonio Northeast. Owner ShreeGanesh Inc. has completed a number of renovations to the property, which included new paint throughout; updated guestroom and public bathrooms; new bedding; new guestroom and lobby furniture; new flooring throughout the hotel; and a new coffee bar. The pet-friendly property offers free WiFi, free expanded cable, a … [Read more...]
Walker & Dunlop arranges $55M refi for Denver Doubletree hotel
Walker & Dunlop (W&D) has arranged $55 million to refinance the DoubleTree by Hilton Hotel Denver, a 561-key, two-tower hotel located in the Central Park submarket. The W&D New York Capital Markets team led by Adam Schwartz, Aaron Appel, Jonathan Schwartz, Keith Kurland, Michael Diaz, Triston Stegall and Christopher de Raet arranged the loan on behalf of clients Taconic Capital … [Read more...]
Canada’s hotel construction pipeline hits record-high project count
The latest Hotel Construction Pipeline Trend Report for Canada from Lodging Econometrics (LE) reveals, at Q1 2024, there are 314 projects/39,628 rooms in the total pipeline. This new record-high in project counts represents an 11% increase in project counts and a 5% increase in room numbers year-over-year (YOY). In Canada, there was a surge of projects that moved into the under construction stage … [Read more...]
HVMG promotes three executives
Hospitality Ventures Management Group (HVMG) has promoted three associates to leadership roles. Jamison Conrey was named VP. engineering, capital projects and risk management, while Androse Bell and Maggie Rose were both named GM/VP, operations. “Jamison, Androse and Maggie embody HVMG’s ‘Be Excellent’ culture, each distinguishing themselves as stellar leaders over several years,” said Robert … [Read more...]
Avert Lawsuits by Preventing Bed Bugs
Bed bugs are a constant worry for travelers around the county. News about infestations is “clickbait” as media outlets are aware of the public’s anxiety about these pests and thirst for stories about them. The unfortunate reality is that stories about bed bugs generate clicks and revenue at a far higher rate than positive stories about the hospitality industry. There are even dedicated TikTok … [Read more...]
HB Exclusive: Beyond Green expands partnership with andBeyond
Beyond Green, a global portfolio of some of the world’s most sustainable hotels, resorts and lodges, has signed an expanded partnership with andBeyond, which will see the addition of 23 new andBeyond properties to the Beyond Green leadership portfolio. As part of this enhanced collaboration, andBeyond will continue to service Beyond Green’s Plan Your Trip itinerary program, offering new … [Read more...]
How to Plan a Safari in Murchison Falls National Park in Uganda
Measuring about 3840 sq. km, Murchison Falls National Park is the largest national park in Uganda. Established in 1952, it is one of the country’s earliest national parks. Murchison Falls is located at the northern end of the Albertine Rift Valley, spanning across three districts: Masindi, Kiryandongo, and Buliisa. Murchison Falls National Park hosts over 144 mammals, 556 bird species, 51 … [Read more...]
LVXP plans mixed-use project on Vegas Strip
Real estate development company LVXP has revealed plans to deliver a new experiential mixed-use development on the Las Vegas Strip that will be anchored by a technologically advanced entertainment and sports arena. The transformational project will be located on the 27-acre site at 2601 South Las Vegas Blvd and include several ultra-luxury hotels. The site is situated across from the newly … [Read more...]
Web Exclusive: Design brings life to typically forgotten spaces
The design of meeting rooms and conference spaces at most hotels puts function over form, making for spaces that look pretty much the same wherever you go—often with a common descriptor: boring. “I feel like it is shortsighted on a hotel’s part because if a group is going to spend all day in a room, make it feel like you want to be in that room all day,” said Griz Dwight, founding principal, … [Read more...]
Agilysys launches IG Fly ordering and payment solution
Agilysys Inc. has released IG Fly, a mobile all-in-one ordering and payment solution that combines InfoGenesis POS functionality with the ability for staff to serve customers “on the fly” across dining and retail venues. IG Fly incorporates all the POS security innovations and functionality inherent in InfoGenesis while equipping staff to enter orders, process payments and print receipts tableside … [Read more...]
Curator adds two hotels
Curator Hotel & Resort Collection, a collection of independent hotels and resorts, has added two new properties, with the Fidelity Hotel in Cleveland and the Royal Park Hotel in Rochester, MI, joining the portfolio. “This expansion is a reflection of our continued commitment to champion all kinds of independent properties and their unique guest experiences,” said Jennifer Barnwell, president, … [Read more...]
Ashford Trust sells Georgia Hampton Inn for $8.1M
Ashford Hospitality Trust Inc. has closed on the sale of the 85-room Hampton Inn Lawrenceville in Lawrenceville, GA, for $8.1 million ($95,300 per key). The sale price represented a 6% capitalization rate on trailing 12-month net operating income through March. All of the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic … [Read more...]
LE: Dallas’ construction pipeline largest in U.S. at Q1
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reports that, at the close of the first quarter, the top five markets with the largest construction pipelines are led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. Next is Atlanta, with an all-time high of 153 projects with 17,929 rooms, then Nashville with 127 … [Read more...]
A Guide to Visiting Kibale Forest National Park
Kibale Forest National Park is a 321 sq. km. protected area in the Kabarole district of western Uganda. The Uganda Wildlife Authority gazetted it in 1993 to protect the park’s various attractions. Today, the park is renowned as the world’s primate capital as it harbors the highest number of primate species in Uganda. Kibale Forest National Park is known for having the largest population of … [Read more...]
What Is the Best Way To Visit the Louvre?
Visiting the Louvre Museum in Paris is a dream for many art lovers and cultural enthusiasts worldwide. As one of the largest and most visited museums globally, the Louvre holds countless treasures, including the Mona Lisa, the Venus de Milo, and the Winged Victory of Samothrace. Planning your visit to this iconic institution can be as daunting as it is exciting. In this blog post, we’ll explore … [Read more...]
Hyatt survey reveals neurodivergent traveler needs
One in every four individuals in the U.S. has a sensory need or an invisible disability according to KultureCity, including those with autism spectrum disorder, dyslexia and attention-deficit disorder. With more than 90% of neurodivergent individuals and caregivers of neurodivergent individuals in the U.S. planning to travel at least one night this year, a new survey led by Hyatt finds hotels can … [Read more...]
Bradley Burwell joins Colliers’ Hospitality Practice Group
Colliers has hired Bradley Burwell as an EVP to join the firm’s Hospitality Practice Group as part of the U.S. Capital Markets division. In his new role, Burwell will work alongside group leader Mark Owens. Burwell brings to Colliers more than $7 billion in transaction experience. During his career, Burwell has “cultivated deep investor relationships and has extensive knowledge of real … [Read more...]
Bruce Smith-Cordish JV to develop $1.4B mixed-use development in Virginia
Bruce Smith Enterprise and The Cordish Companies have been selected by the City of Petersburg, VA to codevelop a $1.4-billion Live! Gaming & Entertainment District, anchored by Live! Casino & Hotel Virginia. “The City of Petersburg is thrilled to have selected Bruce Smith Enterprise and The Cordish Companies as development partners after a thorough RFP process and extensive review by … [Read more...]
Accor reports Q1 revenue up 8%
Accor, for the first quarter ended March 31, reported revenue of 1.236 billion euros ($1.324 billion), up 8% on a like-for-like (LFL) basis compared with the first quarter 2023. RevPAR for the Premium, Midscale & Economy division increased by 8%, while the Luxury & Lifestyle division reported a 7% increase in RevPAR. “In this first quarter, marked by the group’s return in CAC … [Read more...]
AAHOA rebrands, repositions event series
The Asian American Hotel Owners Association (AAHOA) has rebranded and repositioned of its event series, Regional Conferences & Trade Shows, to Hotel Owners Conferences & Trade Shows. The redefined event series will focus on connecting America’s hotel owners with the products and services they need to run their businesses, encourage more networking and idea-sharing, and create opportunities … [Read more...]
Hiking Caminito Del Rey: The King’s Walk in Andalucia, Spain
Looking down, it was a good 200 meters to the canyon floor; above, a flock of vultures circled in the rising heat of the day. I observed as one bird gracefully descended into the narrow valley, hovering just 30 meters above the walkway and skimming the cliffside as it glided towards me. It was the closest encounter I’ve ever had with a griffon vulture, and it was truly impressive, with its … [Read more...]
Choice’s ESG report highlights sustainability initiatives
Choice Hotels International Inc. has published its 2023 Environmental, Social and Governance Report. The report details Choice’s latest initiatives to drive sustainability across its portfolio of hotels. This includes new and expanded requirements to help reduce utility usage and identify savings through its revamped Room to be Green verification program. As part of this initiative, the report … [Read more...]
Bruce Wardinski receives CHRIS and HOLA lifetime achievement award
Bruce Wardinski, chairman/CEO, Playa Hotels & Resorts N.V., has received the Lifetime Achievement Award at the Caribbean Hotel & Resort Investment Summit (CHRIS) and Hotel Opportunities Latin America (HOLA). The award ceremony took place at the Loews Coral Gables Hotel in Coral Gables, FL. Jeff Higley, president, The BHN Group, coordinator of the conferences, praised Wardinski’s more … [Read more...]
Wyndham reaches pipeline room record in Q1
Wyndham Hotels & Resorts, for the first quarter ended March 31, reported that global RevPAR grew 1% in constant currency and ancillary revenues grew 8% compared to the first quarter of 2023. The company’s development pipeline consists of nearly 2,000 hotels and approximately 243,000 rooms, an all-time record for the latter. “We’re thrilled to announce another strong quarter of progress … [Read more...]
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