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Hotels

Vintage Details Reign at the George Hotel in South Carolina

March 29, 2024

Via: Hospitality Design

The George Hotel has opened its doors within Georgetown, South Carolina’s historic district. Developed and owned by Winyah Hospitality and operated by the Indigo Road Hospitality Group, the waterfront property features 56 guestrooms and suites alongside a full-service restaurant, bar, […]


Finance and Development, Financial

Hotel Investment in the Alps Heats Up

March 28, 2024

Via: Hotel News Resource

The Savoie and Haute-Savoie regions alone have seen hotel transaction volumes double over the past two years, breaking records with more than €800 million ($875 million) of hotel deals closed, JLL data shows. “Due to the warming climate, and limited […]


Finance and Development, Markets

STR Commentary on U.S. Hotel Performance for February 2024

March 27, 2024

Via: Hotel News Resource

Top-Line Metrics (February 2024, percentage change from February 2023): Occupancy: 58.9% (-1.8%) Average daily rate (ADR): US$158.23 (+3.9%) Revenue per available room (RevPAR): US$93.19 (+2.0%) Key points February produced modest RevPAR growth, reflecting the continued return to low single-digit gains. […]


Hotels

Big 5 Global Hotel Chains Dominate Hotel Development in Africa

March 26, 2024

Via: Hotel News Resource

When it comes to hotel development across Africa in 2024, just five words tell the story, “Egypt and the Big 5”. In this context, “the Big 5” does not refer to Africa’s major wildlife attractions, (lion, leopard, rhinoceros, elephant and […]


Hotels

Aman to Launch Beachfront Hotel in Dubai

March 25, 2024

Via: Hospitality Design

Global hospitality company Aman is bringing a new destination to the United Arab Emirates (UAE). Aman Dubai will occupy a shoreline property with an expansive private beach and nine acres of gardens. Along with an all-suite hotel, it will feature […]


Finance and Development, Trends

Skills&Based Talent Management in Hospitality and Tourism & By Bertrand Audrin

March 25, 2024

Via: Hotel News Resource

Recent studies have proven that employees can be a major source of competitive advantage, but they must be managed effectively and considerately to reap those benefits. The industry presents unique challenges for employees and managers, such as long working hours, […]


Finance and Development, Markets

STR Reports More Global Hotel Markets Growing RevPAR

March 22, 2024

Via: Hotel News Resource

STR’s global “bubble chart” update as of 9 March 2024 shows that 77% of markets increased revenue per available room (RevPAR) from the comparable period in 2023, which was 4% more than the last update. Occupancy and average daily rate […]


Finance and Development, Markets

U.S. Hotel Performance for Week Ending March 16th

March 21, 2024

Via: Hotel News Resource

U.S. hotel performance increased from the previous week but showed continued declines year over year, according to CoStar’s latest data through 16 March. 10-16 March 2024 (percentage change from comparable week in 2023): Occupancy: 66.5% (-1.4%) Average daily rate (ADR): US$163.21 […]


Hotels

Compass by Margaritaville Announces Expansion with 10 Upcoming Hotels

March 20, 2024

Via: Hotel News Resource

Following the opening in Naples, Margaritaville announces an expansion of the brand’s Compass by Margaritaville collection of boutique hotels. Offering the same lifestyle guests know and love in a smaller, more intimate footprint, openings include: Naples, FL (Opened March 2024) – The […]


Hotels

Tapestry Collection by Hilton Hotels Announces Hotels in Rome, Naples and Perugia

March 19, 2024

Via: Hotel News Resource

Hilton (NYSE: HLT) today announced plans to expand its presence in Italy, with the signing of three hotels under its Tapestry Collection by Hilton brand. With properties planned in Rome, Naples and Perugia, the hotels will join the existing 36 […]


Finance and Development, Trends

Transforming Talent Sourcing in the Hotel Industry: The Rise of the Gig Economy and Fractional Staffing Models

March 18, 2024

Via: Hotel News Resource

In the recently released HSMAI Foundation Special Report: The State of Hotel Sales, Marketing, and Revenue Optimization Talent 2023-2024, the second trend investigates how the gig economy and fractional staffing models are changing talent sourcing. Employers in the hospitality industry […]


Restaurants

Travis Kelce and Patrick Mahomes Are Opening a Restaurant

March 18, 2024

Via: Hospitality Design

Global hospitality group Noble 33 is joining forces with Super Bowl champions Travis Kelce and Patrick Mahomes to launch 1587 Prime—a name in inspired by the jersey numbers of the two Kansas City Chiefs stars. Crafted by Noble 33’s in-house […]


Hotels

Scenic Munnar & IHCL SeleQtions Hotel Opens in Kerala, India

March 15, 2024

Via: Hotel News Resource

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Scenic Munnar – IHCL SeleQtions hotel in Kerala. Nestled amidst lush emerald hills, the city beckons tourists with its natural beauty. Commenting on the opening, Mr. Puneet […]


Finance and Development, Trends

Amsterdam and New York Are the Top Destinations for European Business Travelers

March 14, 2024

Via: Hotel News Resource

According to BCD Travel’s Cities & Trends Europe 2023 edition, Amsterdam and New York are the most visited cities for European business travelers. The most popular countries are Germany and the United States. The report is based on BCD flight and […]


Finance and Development, Markets

Travel and Tourism Sector Deal Activity Down by 22.5% YoY During January&February 2024

March 13, 2024

Via: Hotel News Resource

The travel and tourism sector witnessed the announcement of 93 deals* globally during the first two months of 2024, an year-on-year (YoY) decline of 22.5% compared to the announcement of 120 deals during the same period in 2023, reveals GlobalData. […]


Finance and Development, Markets

Dubai Hotel Occupancy Jumped to 90.8% During February

March 12, 2024

Via: Hotel News Resource

A series of events pushed all-time high occupancy levels in Dubai, according to February preliminary data from CoStar. February 2024 (year-over-year % change): Occupancy: 90.8% (+3.4%) Average daily rate (ADR): AED887.06 (+9.3%) Revenue per available room (RevPAR): AED805.21 (+13.1%) Read […]


Technology

Super&Apps Are About to Conquer the Travel Industry

March 12, 2024

Via: Hotel News Resource

Tourism with its often complex booking requirements for providers and users alike presents an ideal case for using super-apps, which with the help of AI can establish intelligent links and analyse needs. This was put forward at a panel discussion […]


Hotels

265 Room Caesars Republic Scottsdale Hotel Opens in Scottsdale, Arizona

March 11, 2024

Via: Hotel News Resource

The Caesars Rewards hotel is a modern 11-story, 265-room luxury hotel. Caesars Republic Scottsdale promises a truly unparalleled experience in the Valley of the Sun, marking the first non-gaming Caesars hotel in the United States. In collaboration with Caesars Entertainment […]


News

Women Are a Driving Force for Travel & Tourism, Says WTTC

March 8, 2024

Via: Hotel News Resource

To celebrate International Women’s Day, the World Travel & Tourism Council (WTTC) underscores the pivotal role of women in the global Travel & Tourism sector. According to WTTC data, women in tourism comprise a significant portion of the sector’s workforce, […]


Finance and Development, Financial

UKHospitality Says Spring Budget Contains Very Little for Hospitality Businesses

March 7, 2024

Via: Hotel News Resource

Kate Nicholls, Chief Executive of UKHospitality, said: “The Chancellor missed a real opportunity today to show that he backs hospitality and understands the real pain they are enduring. “He had a chance to accelerate and unlock hospitality, but instead he […]