Oahu is a paradise island that is known for its beautiful beaches, tropical climate, and vibrant culture. Located in the middle of the Pacific Ocean, Oahu is one of the most popular tourist destinations in the world. Whether you’re looking for outdoor adventures, cultural experiences, or just a relaxing vacation, Oahu has something for everyone. One of the best things to do in Oahu is to hit the … [Read more...]
The Louis Hotel Opens in Wilson, Arkansas
The hotel located at Three Cross Street, features a collection of five private cottages and 16 rooms, including three grand suites. Guestroom reservations for The Louis open as of May 16, 2023. Appeared first on: hotelnewsresource.com … [Read more...]
Quest Apartment Hotel at Quest Woolooware Bay in Sydney's Sutherland Shire for Sale
Property group Novm has listed for sale the newly built Quest Woolooware Bay, part of the $1 billion Woolooware Bay Town Centre mixed-use development. Appeared first on: hotelnewsresource.com … [Read more...]
Marriott International Expands into Affordable Midscale Segment with Acquisition of the City Express Brand Portfolio
Transaction Makes Marriott International the Largest Hotel Company in the Caribbean and Latin America Appeared first on: hotelnewsresource.com … [Read more...]
241 Key Marriott Saddle Brook in New Jersey Sold
Hodges Ward Elliott arranged the sale of the the Marriott Saddle Brook, a 241-key hospitality asset located in the township of Saddle Brook, NJ, strategically located off Interstate 80, just 20 miles from Manhattan. Appeared first on: hotelnewsresource.com … [Read more...]
Billion Pound Bonanza for U.K. Hospitality in May
he combination of the King’s Coronation, Eurovision and three bank holidays means hospitality is set for a bumper month, according to UKHospitality. Appeared first on: hotelnewsresource.com … [Read more...]
VICI Properties Inc. Announces First Quarter 2023 Results
Reports 110.7% Year-over-Year Revenue Growth Appeared first on: hotelnewsresource.com … [Read more...]
Doug Kennedy Announces Next Topic In His Webcast Training Series: Maximizing Textual Sales & Service Opportunities
Complimentary Registration Sponsored By Travel Outlook, Better Talent, and Track Hospitality Software Appeared first on: hotelnewsresource.com … [Read more...]
JW Marriott Clearwater Beach Resort & Spa Opens in Florida
JW Marriot today unveiled its newest property in Clearwater Beach, Florida, with the opening of JW Marriott Clearwater Beach Resort & Spa. Appeared first on: hotelnewsresource.com … [Read more...]
Keep Your Friends Close and ChatGPT Closer: AI in Hospitality Sales – By Mercedes Blanco
In the world of hospitality sales, ChatGPT and other artificial intelligence (AI) technologies have gained attention lately for their potential to streamline processes. It’s a topic I brought to the HSMAI Sales Advisory Board to see how sales leaders are utilizing it in their business practices. Appeared first on: hotelnewsresource.com … [Read more...]
Tourism's Potential for Mountain Ecosystems and Communities Outlined in New Report
While mountain tourism has become an increasingly relevant motivation for travel, data on its size and impact remains scarce, a new report from the UN agencies the Food and Agriculture Organization of the United Nations (FAO), the World Tourism Organization (UNWTO) and the Mountain Partnership (MP) makes clear. Appeared first on: hotelnewsresource.com … [Read more...]
New Law Helps Tennessee Hoteliers and Employees
We applaud Gov. Bill Lee for signing the 'Protecting Tennessee Businesses and Workers Act' into law Appeared first on: hotelnewsresource.com … [Read more...]
For Hotel Owners Incentive Management Fees Return with Recovery – By Robert Mandelbaum and Tim Dick
Given the depressed performance of hotels during the 2020 industry downturn, unsurprisingly almost no hotel owners paid an incentive fee to their managers that year. Fortunately for U.S. hotel operators, incentive fees have risen concurrent with the recovery of hotel profits. In 2022 incentive payment levels began to return to pre-COVID levels. Appeared first on: hotelnewsresource.com … [Read more...]
Stay Suites of America Located in Orange Park, Florida Sold for $7 Million
The Siegel Grou announced today that it had acquired the former Stay Suites of America located in Orange Park, Florida. The property, which suffered from deferred maintenance and management issues, was purchased in an all-cash transaction for $7 million and quickly closed in under 30 days. Appeared first on: hotelnewsresource.com … [Read more...]
Why You Should Abandon 'DMO' in 2023 – By Trey Williams, VP, Strategic Planning, MMGY
The term 'DMO' is a relic of the past. While many in the tourism industry have shifted away from the traditional 'Destination Marketing Organization' moniker to position themselves as a more modern 'Destination Management Organization' that takes a more active role in coordinating, advocating and promoting the various partners and stakeholders in their … [Read more...]
Hilton Offers Third Annual Sweepstakes to Celebrate Travel Advisors During Travel Advisor Appreciation Month
To participate, travel advisors are invited to watch a short video on Hilton’s Environmental, Social and Governance initiatives and complete a short quiz. Appeared first on: hotelnewsresource.com … [Read more...]
Dual-Branded Holiday Inn and Staybridge Suites Hotel Opens at Chicago's O'Hare International Airport
IHG Hotels & Resorts (IHG) today announced the opening of a new dual-branded Holiday Inn and Staybridge Suites property in the Chicago suburb of Rosemont, Ill. Located within five miles of its namesake, Holiday Inn and Staybridge Suites O’Hare Airport. Appeared first on: hotelnewsresource.com … [Read more...]
Dallas, TX Leads Top Five U.S. Markets with the Largest Hotel Construction Pipeline in the U.S.
In the Q1 2023 U.S. Construction Pipeline Trend Report released by e (LE), LE analysts report, that as a group, year-over-year the hotel construction pipeline has grown in the Top 25 Markets in the U.S. Appeared first on: hotelnewsresource.com … [Read more...]
Selina Hospitality PLC Reports Fiscal 2022 Financial Results
Total revenue of $183.9 million, an increase of $91.2 million, or 98.3% compared to FY 2021, driven primarily by an increase in bedspaces from new opened locations, higher occupancy rates, and higher total revenue per bedspace. Appeared first on: hotelnewsresource.com … [Read more...]
Caesars Entertainment Unveils $100 Million Plans to Add Hotel Tower to Paris Las Vegas
The renovation exceeds $100 million and will integrate Horseshoe’s Jubilee Tower into Paris Las Vegas, offering luxury rooms with balconies and prime Strip views Appeared first on: hotelnewsresource.com … [Read more...]
Weekly Global Hotel Performance Trends from STR: 16 – 22 April 2023
Global occupancy, excluding the U.S., reached 67.7%, up 3.1 ppts from the previous week and almost 14ppts ahead of last year. Weekly ADR rose 19.3% YoY to US$141, resulting in a RevPAR (US$96) increase of more than 44% from last year. Appeared first on: hotelnewsresource.com … [Read more...]
Thomas Schoen Named President for Wynn Al Marjan Island
Wynn Resorts, Limited (Nasdaq: WYNN) has named Thomas Schoen as President of Wynn Al Marjan Island, its new multi-billion-dollar integrated resort set to open in Ras Al Khaimah in the United Arab Emirates (UAE) in early 2027. Appeared first on: hotelnewsresource.com … [Read more...]
34 Amazing Things to Do in Oregon in 2023
Welcome to the beautiful state of Oregon. Located in the Pacific Northwest, sandwiched between California and Washington, Oregon just might be one of the most underrated destinations in the United States. There are so many things to do in Oregon from incredible hiking trails to picturesque beaches, hip urban centers, high mountains, and waterfalls. Oregon has it all! So let’s dive into some of the … [Read more...]
25 Best Beaches in Mexico in 2023
The beaches in Mexico are wonderful. When you think of Mexico’s beaches, swaying palm trees, white sand, and electric beach clubs immediately spring to mind. Mexico is shouldered by the Pacific Ocean on the west and the Gulf of Mexico laps its shores on the east. Beautiful beaches line both coastlines – with extra impressive regions like the Yucatan Peninsula. With so many options, you could … [Read more...]
Maximizing Your Hotel's Revenue: How to Leverage Packages on Your Booking Engine
Having the right package description is crucial to attract guests to your hotel because it is often the first thing that potential guests see when they are considering booking a stay. Appeared first on: hotelnewsresource.com … [Read more...]
Hospitality Hotspots: The Latest Middle East & North Africa Tourism Statistics [2022-2023] – By Catalina Brinza
The latest Middle East & North Africa tourism statistics from top-performing countries based on the latest third-party and TrustYou data [2022-2023] Appeared first on: hotelnewsresource.com … [Read more...]
Indian Hotels Company Limited Announces Record Financial Results for Q4 and FY 2022-23
FY23 REVENUE AT INR 5,949 CRORES, UP 85% YoY - FY23 EBITDA MARGIN AT 32.7%, UP 1523 BPS YoY - FY23 PAT AT INR 1,003 CRORES, OFFSETS COVID LOSSES Appeared first on: hotelnewsresource.com … [Read more...]
Kimpton Hotel Theta to Open 2023 in New York City's Theater District
The reimagined hotel will span 15 floors and feature 364 guest rooms, inclusive of five suites, including a 1,100-square-foot penthouse. Appeared first on: hotelnewsresource.com … [Read more...]
HVS Report – 2022 European Hotel Transactions – By Shaffer Patrick, Matthias Hecht and Serena Yang
HVS discusses the main hotel transactions that took place in 2022 and looks at the trends in single-asset and portfolio transactions over the years. Appeared first on: hotelnewsresource.com … [Read more...]
Homewood Suites by Hilton Beaumont, TX Sold
HVS Brokerage & Advisory announced the sale of the 79-key Homewood Suites by Hilton Beaumont, located at 3745 I-10 Access Road, Beaumont, Texas 77705. Appeared first on: hotelnewsresource.com … [Read more...]
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