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Tag: hotel


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 […]


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, Markets

Sydney June Hotel Performance Lifted by Vivid Drone Show and Sydney Film Festival

July 10, 2024

Via: Hotel News Resource

The ‘Love Is In The Air’ Vivid Drone Show and the 71st Sydney Film Festival lifted June hotel performance in the market, according to preliminary data from CoStar. June 2024 (year-over-year % change): Occupancy: 72.6% (+1.0%) Average daily rate (ADR): […]


Finance and Development, Trends

European Travel Trends: Travelling Summer 2024 & Time for Transformation

July 10, 2024

Via: Hotel News Resource

In Germany Demand for holidays is more robust and lively than it has been for a long time. Booking figures are back to pre-corona levels in many places, and even higher in some areas. Neither higher end prices nor international […]


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

How to Conduct a Displacement Analysis for Your Hotel

July 8, 2024

Via: Hotel News Resource

The old saying “a bird in the hand is worth two in a bush” is a valuable lesson for us all. It simply means you should stick with the modest prize you’ve already secured instead of chasing what you might […]


Hotels

Radisson Hotel Tunis City Center Opens

July 8, 2024

Via: Hotel News Resource

Radisson Hotel Group announced its debut in Tunis with the opening of Radisson Hotel Tunis City Center. Nestled in the heart of Tunisia’s bustling capital city, Radisson Hotel Tunis City Center offers easy access to some of the city’s top […]


News

Measuring the Impact of the 2024 Olympics on France's Hotels

July 5, 2024

Via: Hotel News Resource

With slightly over three weeks until the start of Paris 2024, SiteMinder, the name behind the only software platform that unlocks the full revenue potential of hotels, has analysed hotel arrivals during the Olympics period (26 July to August 11), and […]


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 […]


Hotels

Hilton Announces Two New Hotels for Iceland in Reykjavik and Akureyri

June 17, 2024

Via: Hotel News Resource

Hilton today announced a franchise agreement with Bohemian Hotels ehf. to open Akureyri ‘Skáld’ Hotel, Curio Collection by Hilton, in the northern Icelandic countryside, as well as a new property in Iceland’s capital city, Reykjavik. Nick Smart, vice president, development, […]


Finance and Development, Markets

U.S. Hotel Performance for Week Ending June 8th

June 13, 2024

Via: Hotel News Resource

The U.S. hotel industry reported higher performance results from the previous week but mixed comparisons year over year, according to CoStar’s latest data through 8 June. 2-8 June 2024 (percentage change from comparable week in 2023): Occupancy: 69.1% (-0.1%) Average daily […]