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Tag: development


Finance and Development, Real Estate

U.S. Hotel Construction Activity for June Highest Since February 2023

July 18, 2024

Via: Hotel News Resource

The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data. U.S. Hotel Pipeline June 2024 (percentage change from June 2023) In construction: 157,713 rooms (+5.5%) Final Planning: 266,619 rooms (+9.8%) […]


Hotels

Home2 Suites by Hilton Laredo North Hotel Opens

July 17, 2024

Via: Hotel News Resource

Texas Western Hospitality of Addison, Texas today announced the opening of their newest property, Home2 Suites by Hilton in Laredo, Texas. The hotel features 107 suites and a range of value, tech-focused and eco-conscious amenities. General Manager Rejino Perez leads […]


Finance and Development, Trends

Hotel Room Selling Techniques: How Hotels Are Rethinking Hotel Rooms & By Heather Apse

July 16, 2024

Via: Hotel News Resource

Hotel managers like you are constantly seeking innovative ways to maximize revenue and attract more guests, especially in the lucrative group and event sales market. By reimagining spaces and amenities, hotels are discovering new selling techniques that not only fill […]


Hotels

102 Room Cambridge House, Auberge Resorts Collection Hotel to Open Late 2025 in London

July 15, 2024

Via: Hotel News Resource

Auberge Resorts Collection has been appointed by Reuben Brothers to manage Cambridge House, the former In and Out Military Club, in Mayfair, London. The renewal of this historic property at 94 Piccadilly will capture the spirit of London like no other hotel to provide […]


Travel

What is Sustainable Travel: 10 Best Practices & By Dr Carlos Martin&Rios

July 15, 2024

Via: Hotel News Resource

TTH firms are accountable and must take the changes taking place seriously, from Greta Thunberg’s movement to new priorities in the World Economic Forum´s agenda or the ever-growing list of world moguls taking on a leading role in the fight against climate […]


Restaurants

Nobu Restaurants Readies To Debut in Toronto

July 12, 2024

Via: Hospitality Design

Nobu Hospitality will make its debut in Canada next month with Nobu Toronto. The two-level restaurant and bar, designed by locally based Studio Munge, blends Japanese-inspired design and Canadian craftsmanship across a 10,000-square-foot space. Interiors by Studio Munge Upon entering Nobu Toronto, […]


Hotels

Travelodge Opens First Hotel in the City of Colchester

July 12, 2024

Via: Hotel News Resource

Travelodge, the UK’s first budget hotel chain, which operates more than 600 hotels across the UK, Ireland and Spain has officially opened Colchester Northern Gateway Travelodge – the group’s first hotel in the City of Colchester. To mark the official […]


Finance and Development, Financial

Sotherly Hotels Inc. Refinances DoubleTree by Hilton Jacksonville Riverfront Hotel in Jacksonville, FL

July 9, 2024

Via: Hotel News Resource

Sotherly Hotels Inc. (NASDAQ: SOHO) today announced that the Company has executed a secured loan with Fifth Third Bank, collateralized by the DoubleTree by Hilton Jacksonville Riverfront hotel in Jacksonville, FL. The loan, which carries a floating interest rate based […]


Finance and Development, Trends

2024 Hotel Distribution Study: Digital Trends in Accommodation: Hotels, Booking.com and DMA

July 3, 2024

Via: Hotel News Resource

Today, HOTREC released its 2024 Hotel Distribution Study which examines recent developments and trends in the European accommodation sector, and uncovers the way consumers book hotel rooms. The main findings confirm the need for proper implementation of the Digital Markets […]


Technology

How to Choose the Correct Pricing Software at Your Independent Hotel: From No Tool to the Right Tool

July 3, 2024

Via: Hotel News Resource

If you’re running a hotel, it goes without saying you want to fill all of your rooms for the best possible price, ultimately leading to improved profitability. That means getting your room rates right is essential. To the uninitiated it […]


Finance and Development, Trends

New Marriott Report Reveals Changing Face of Luxury Travel in Asia Pacific

July 1, 2024

Via: Hotel News Resource

As the Asia Pacific region continues to be the growth engine for luxury travel, a new comprehensive report from the Luxury Group by Marriott International has identified new expectations and travel preferences among high-net-worth (HNW) travelers in Asia Pacific. Across […]


Hotels

InterContinental Table Bay Cape Town Hotel to Open 2025 in South Africa

July 1, 2024

Via: Hotel News Resource

IHG Hotels & Resorts has announced the debut of the InterContinental brand in Cape Town with the signing of InterContinental Table Bay Cape Town. Inaugurated in May 1997 by former South African president Nelson Mandela, the renowned Table Bay Hotel has […]


Hotels

Drury Plaza Hotel Dallas Arlington Opens

June 25, 2024

Via: Hotel News Resource

Drury Hotels Company, LLC has announced the opening of its newest hotel in Arlington, Texas. The Drury Plaza Hotel Dallas Arlington – the third Drury hotel in the DFW Metroplex and 20th in Texas – features 268 guest rooms and suites, and […]


Hotels

1,743 Room All&Inclusive Ava Resort Cancun Opens

June 24, 2024

Via: Hotel News Resource

AVA Resort Cancun, led by hospitality brand AIC Hotel Group, has announced its official opening. AVA offers 1,600 ocean – facing rooms, 27 restaurants and bars, 22,000 – square foot spa & wellness center, a fitness center with technology equipment, […]


Technology

Only 21 Percent of Hotel Professionals Think Current Hotel Technology Is Doing a Good Job for Hotels and Guests

June 24, 2024

Via: Hotel News Resource

The Hospitality Women’s Innovation Council (WIC), a working group of hotel brand executives, managers and innovators, found that only one in five hotel professionals believe the current tech stack is sufficient to help hoteliers achieve efficiencies and cost savings and […]


Restaurants

A Modern Café and Bar Arrives in Dubai

June 21, 2024

Via: Hospitality Design

Originally from Odessa, Ukraine, Forty Five Cafe has opened its second establishment in Port De La Mer, Dubai. The new location, designed by Dubai-based design firm ISTO, comprises a main dining room, bar area, dessert counter, and terrace. The space is crafted […]


Finance and Development, Financial

Travel Technology Investment Analysis Shows Shifts in Funding, Opportunities for Innovation

June 20, 2024

Via: Hotel News Resource

According to Phocuswright’s report The State of Travel Funding 2023, there has been a cooling in the last couple of years. Data has shown travel funding totaled $4.6 billion in 2023, a drop from $12 billion in 2022. And 2024 is off to […]


News

AI, Personalization & Data Analytics: A Deep Dive into Hospitality Investment Trends

June 18, 2024

Via: Hotel News Resource

The hospitality industry is constantly evolving to meet guest expectations, which are becoming more and more demanding. In 2024, travelers want speedy service, expanded amenities and immersive, memorable experiences. In practice, this means that hotels must personalize their offerings to […]


Finance and Development, Trends

Web Design Trends for Hospitality in 2024

June 18, 2024

Via: Hotel News Resource

With the addition of Curated Hybrid Sites added to Vizergy’s website template options, we want to shed some light on useful design trends and how to utilize them to get your customers excited and convert! Never Forget Your Story — What […]


Hotels

Everhome Suites Hotel Opens in Lexington, Kentucky

June 11, 2024

Via: Hotel News Resource

Choice Hotels International, Inc. (NYSE: CHH) announced a new Everhome Suites opening in Lexington, Kentucky. With this opening, the company has four Everhome Suites open, over 60 in development, 20 under construction, and more than 10 are expected to open within the […]