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Tag: business


Hotels

Kimpton Aysla Mallorca Resort Hotel Opens

October 5, 2022

Via: Hotel News Resource

Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, has officially opened the doors to its first resort hotel in Europe. Located in Mallorca, Kimpton Aysla Mallorca emulates a sanctuary of luxury and wellness and […]


Finance and Development, Real Estate

NewcrestImage to Acquire 45 Hotels Across 11 States

September 9, 2022

Via: Hospitality Net

NewcrestImage has reached definitive agreement to purchase 45 hotels from a private investment firm. Terms of the transaction were not disclosed. The portfolio totals approximately 3,300 rooms and includes 35 Marriott-branded, seven Hilton-branded, two Choice-branded, and one Radisson-branded properties, which […]


Finance and Development, Real Estate

Wyndham Hotels & Resorts Acquires European Hotel Brand Vienna House

September 8, 2022

Via: Hospitality Net

Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,000 hotels in over 95 countries, today announced its acquisition of the Vienna House brand for €44 million ($44 million) adding an upscale and midscale portfolio of approximately […]


Finance and Development, Trends

Five Steps for Building a Hotel Business Plan for the New Era

September 8, 2022

Via: Hospitality Net

If talent acquisition is the most important thing happening today, how do we put that into our business planning strategy for 2023? Do we need robots? Perhaps we do, especially for mundane tasks such as delivering basic items to guest […]


Technology

Putting hotel operations in the spotlight: how Staycity is transforming through technology

August 29, 2022

Via: Hospitality Net

Housekeeping has always operated in the shadows. Their work is often thankless, turning a messy room back to perfection like the previous night never happened. As an industry, the guest is at the heart of everything we do and having […]


Finance and Development, Trends

How Does Airport Chaos Affect Hotels and OTAs? – By Catalina Brinza

August 23, 2022

Via: Hotel News Resource

There’s always a feeling of anticipation when boarding a plane towards a new destination and a long-awaited vacation. This year, long lines, lost luggage, and oversold flights have left travelers feeling frustrated and exhausted instead of relaxed and excited. Navigating […]


Hotels, Travel

U.S. hotels spin travel demand into gold as airlines struggle

August 8, 2022

Via: Hospitality Net

Staff shortages, airport chaos and higher fuel costs have caused earnings at U.S. airlines like JetBlue Airways to land below analysts’ expectations while hotel chains including Marriott International are reporting double-digit profit growth. Despite cutbacks in other categories due to […]


Hotels

The German Hotel Market: emerging stronger from the crisis

August 8, 2022

Via: Hospitality Net

All of Germany’s 9 key hotel markets still suffered significantly in 2021. However, 6 out of the 9 top cities were able to record improvement in occupancies. Hotel real estate specialist Christie & Co reviews an eventful year in Germany’s […]


Finance and Development, Trends

The five headwinds threatening business travel this autumn

August 3, 2022

Via: Hospitality Net

Corporate travel was resurgent heading into the summer 2022 holiday hiatus as companies found themselves released from the shackles of Covid. “From mid-February we saw an exponential growth in demand when the UK border reopened and restrictions fell away,” says […]


Travel

Air Travel Is Broken. Here’s Why.

July 18, 2022

Via: The Wall Street Journal

This summer was supposed to mark the rebirth of commercial aviation after two years of travel restrictions left the industry nearly in hibernation. Instead, it is turning into one of the most chaotic travel seasons in decades. Flights are being […]


Hotels

Cancun’s Royal Uno All Inclusive Resort & Spa Has Officially Opened Its Doors

July 15, 2022

Via: Hospitality Net

Resort & Spa, the latest family-friendly luxury offering from Mexican tourism pioneers, Royal Resorts®, has officially opened its doors. In celebration of the highly anticipated launch of the beachfront property located in the world-famous Cancun Hotel Zone, travelers can take […]


Finance and Development, Markets

STR: Melbourne hotel performance improved in June

July 13, 2022

Via: Hospitality Net

Melbourne’s hotel industry was back on the recovery track with higher performance from the prior month, according to preliminary June 2022 data from STR. The occupancy level was well below the 2019 comparable (72.2%) while ADR was up by AUD42. […]


Restaurants

Avra Launches Third New York Restaurant

July 6, 2022

Via: HospitalityDesign

Greek concept Avra Estiatorio has opened its third New York outpost within the historic Time Life Building at Rockefeller Center in Manhattan. Spread across 16,500 square feet, Avra Estiatorio Rockefeller Center comprises three floors and an alfresco space overlooking 6th […]


Travel

Business travel mentions among corporates already increased by 4% year-on-year in 2022 as COVID-19 restrictions ease, says GlobalData

June 23, 2022

Via: Hospitality Net

Following the easing of global COVID-19 restrictions, mentions in filings of ‘business travel’ per company* across sectors rose 17% in 2021 and have risen a further 4% in 2022**, suggesting that companies are looking at resuming business travel, according to […]


Finance and Development, Markets

STR: U.S. hotel results for week ending 19 March

March 24, 2022

Via: Hospitality Net

Lifted by Spring break travel, U.S. hotel performance rose from the previous week and showed improved comparisons against 2019, according to STR‘s latest data through 19 March. 13-19 March 2022 (percentage change from comparable week in 2019*): Occupancy: 66.9% (-3.7%) […]


Restaurants

How US restaurant chains are responding in Russia

March 11, 2022

Via: Restaurant Dive

As Russia’s attacks on Ukraine escalate, major restaurant chains have begun to temporarily shutter their Russian units or cut off corporate support to Russian franchise systems amid consumer threats of boycotts. Yum Brands was the first legacy restaurant to cease […]


News

SB Architects Appoints New Vice President

March 3, 2022

Via: HospitalityDesign

Architecture firm SB Architects has announced the appointment of Richard Collings to the role of vice president. Bringing forth more than two decades of experience, Collings will spearhead expanded design capabilities, business development, and foster new client relationships at the […]


Technology

Commercial Transformation – How to Level-Up Your Hospitality Organization

February 4, 2022

Via: Hospitality Net

The hospitality industry still faces an uncertain future, and for some hoteliers, any business can seem like good business after operating with low occupancy rates for the past two years. For others, the journey along the road to recovery is […]


Hotels

IHG Signs Four-hotel Destination Resorts Portfolio Deal in Vietnam

January 6, 2022

Via: Hotel News Resource

IHG Hotels & Resorts announced a four-hotel, 2,709-room portfolio deal in Vietnam with long-standing partner Sun Hospitality Group (a member of Sun Group), the renowned tourism-focused real estate developer. Following the success of the award-winning InterContinental Danang Sun Peninsula Resort, […]


Technology

The Hospitality Industry Can Now Use Google Posts To Reach More Audiences And Drive Engagement

January 5, 2022

Via: Hospitality Net

Following Google’s confirmation, the hospitality industry can now use Google Posts to engage with their customers. Businesses that fall within the ambit of the hospitality industry can now use Google Posts to announce COVID-19 protocols, any updates to amenities or […]