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Tag: development


Finance and Development, Trends

Middle East Hotel Construction Pipeline Marks Highest Year&Over&Year Project Growth Since 2018

February 22, 2024

Via: Hotel News Resource

The Q4 2023 Hotel Construction Pipeline Trend Report for the Middle East from Lodging Econometrics (LE) states that at the close of the fourth quarter, the region’s total pipeline stands at 607 projects/145,984 rooms. The region boasts an impressive 11% […]


News

What’s on in Las Vegas: New Hotels, Restaurants, and More

January 10, 2024

Via: Hospitality Design

Ever a city of reinvention, Las Vegas is now fashioning itself as a mecca for sports entertainment, too. The rapidly evolving landscape includes the recent Major League Baseball approval to move the Oakland A’s team to Vegas, where it would […]


Hotels

Is Hotel Development in San Francisco Beginning to Rebound?

December 13, 2023

Via: Hospitality Design

Despite facing a tumultuous few years with a decline in tech jobs, reduced downtown traffic, and rising crime, San Francisco is slowly emerging from the pandemic, during which travel all but froze, costing the city $8 billion. Another factor: Since […]


Finance and Development, Real Estate

Ibis Styles Hotel to Open 2027 in Sorriso, Mato Grosso, Brazil

November 7, 2023

Via: Hotel News Resource

Accor takes another step towards franchise expansion and signs a contract for a new venture in Sorriso, Mato Grosso, Brazil. This will be the ibis Styles brand’s first hotel in the city, scheduled to open in 2027, with an architectural […]


Hotels

Marriott International Launches Four Points Express by Sheraton Brand

September 27, 2023

Via: Hotel News Resource

Marriott International, Inc. (Nasdaq: MAR) today announced the launch of Four Points Express by Sheraton, designed for the midscale segment. This new brand is a response to growing consumer demand for reliable yet affordable accommodation in Europe, the Middle East […]


Finance and Development, Markets

Inflation Abomination – How Inflation Affects Hotel Revenue Streams, Expenses – CoStar

September 5, 2023

Via: Hotel News Resource

Pricing Power Lags 2019 While Labor Costs Increase A presentation on inflation’s effects on hotel profitability at the 2023 Hotel Data Conference highlighted hotel rates on a real basis are still down compared to 2019 while hotels continue to face […]


Finance and Development, Trends

Tactics for Driving Direct Hotel Bookings

September 1, 2023

Via: Hotel News Resource

In the dynamic and highly competitive sphere of the hospitality industry, a towering challenge is prevalent for hotel operators: how to increase hotel bookings online through exclusive, direct channels. While third-party mediums like online travel agencies (OTAs) deliver a handy […]


Finance and Development, Trends

Most Common Guest Complaints and How to Handle Them

August 31, 2023

Via: Hotel News Resource

Imagine a guest arrives at your hotel, ready to have a memorable stay, and something doesn’t go as expected. What happens when you can’t meet their expectations? The more prepared you and your staff are to handle guest complaints, the […]


Hotels

Everhome Suites Hotel Breaks Ground in Fayetteville, NC

August 16, 2023

Via: Hotel News Resource

Choice Hotels International, Inc. (NYSE: CHH) continues its growth in the extended stay segment with the groundbreaking of Everhome Suites Fayetteville – Fort Liberty, slated to open Summer 2024. The four-story, 114-room property is being developed in collaboration with HighSide […]


Finance and Development, Real Estate

Marina Inn & Suites Chalmette/New Orleans Offered For Sale

July 19, 2023

Via: Hotel News Resource

HVS Brokerage & Advisory, in cooperation with Eric Vincent Guerrero, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 130-key Marina Inn & Suites Chalmette-New Orleans , a limited-service hotel asset in Chalmette, Louisiana. […]


Hotels

Eliamos Villas Hotel & Spa Debuts in Greece

June 23, 2023

Via: Hospitality Design

The Greek island of Kefalonia recently celebrated the opening of a new luxury boutique hotel: Eliamos Villas Hotel & Spa. Situated on the isle’s southern shore above a secret cove and private beach, the 12-villa retreat boasts a spa, restaurant, […]


Hotels

InterContinental Hotel in San Antonio, TX Begins Contruction

June 9, 2023

Via: Hotel News Resource

IHG Hotels & Resorts (IHG) and Scarlett Hotel Group (SHG) announced the onset of construction of InterContinental San Antonio, a 391-room hotel located on the celebrated San Antonio River Walk at 111 East Pecan Street. Trailbreak Partners, a real estate […]


Technology

Travel Disruptors: Bringing Fintech to Travel Booking – By Jean-Philippe De Montigny

June 6, 2023

Via: Hotel News Resource

The travel app Hopper launched in 2015, with the bulk of its initial revenue coming from airline ticket sales. A few years later, the company ramped up a travel fintech business—selling consumers algorithmically enabled financial products such as price-freezing capabilities […]


Finance and Development, Real Estate

WoodSpring Suites Has Opened 12 Hotels Year to Date with 300 in the Domestic Pipeline

June 2, 2023

Via: Hotel News Resource

Choice Hotels International, Inc. (NYSE: CHH) opened a company record, six WoodSpring Suites hotels during the month of May. These openings, which were led by a dedicated, extended stay team, account for 732 new economy extended stay rooms from coast […]


Restaurants

Shanghai Love Brewing Co. Opens Flagship Restaurant and Bar

May 25, 2023

Via: HospitalityDesign

Described as a “restaurant that revolves around a bar,” Shanghai Love Brewing Co. has unveiled a flagship location in Shanghai, China that pays homage to the beer brand’s legacy. The nearly 1,300-square-foot space evokes a nostalgic, retro-inspired flair through design […]


Hotels

1 Hotel Mayfair To Launch in London Next Month

May 25, 2023

Via: HospitalityDesign

1 Hotels is set to bring its first sustainable, nature-driven destination to Europe next month. Located in London’s historic Mayfair neighborhood, the nine-story 1 Hotel Mayfair overlooks Green Park, one of the city’s eight Royal Parks. “We’ve reimagined the traditional […]


Hotels

5 New Hotel Brands Respond to Travelers’ Wants

May 24, 2023

Via: HospitalityDesign

Innovation and growth are hallmarks of the hospitality industry, two attributes that are reflected in the constant stream of hotel brand launches. Consider the current crop of newcomers such as ULUM, the safari-like offshoot from glamping company Under Canvas that […]


Hotels

Hilton Expands Brand Portfolio with Apartment-Style Extended-Stay Brand

May 23, 2023

Via: Hotel News Resource

Hilton today announced a new extended-stay brand designed to meet the needs of the rapidly expanding $300 billion workforce travel market – the long-stay guest that never stopped traveling, even throughout the pandemic. Through extensive research, Hilton has created a […]


Hotels

Accor Announces Three New Hotels to Open 2027 in Riyadh, Saudi Arabia

May 15, 2023

Via: Hotel News Resource

Accor, in partnership with Erth Real Estate Company, today announced that it will open three new hotels in Riyadh, Kingdom of Saudi Arabia, as part of a new master planned development project. The forthcoming luxury hospitality community will include a […]


Hotels

Laura Tarkka Named Head of Scandic Hotels in Finland

May 8, 2023

Via: Hotel News Resource

Scandic Hotels has appointed Laura Tarkka as new country head of the Group’s operations in Finland as well as a member of Scandic’s Executive Committee. Laura Tarkka is a well-known name within the Finnish business sector and her most recent […]