Top

Tag: development


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 […]


Finance and Development, Trends

Reputation Pricing: Using Your Hotel's Reputation to Increase Rates

June 11, 2024

Via: Hotel News Resource

There used to be a time when hotel revenue managers simply had to look at predicted demand and keep an eye on competitors’ rates to optimize pricing. When travelers booked a hotel room, they had no way of knowing the […]


Finance and Development, Trends

Summer Hotel Marketing Strategies to Pump Up Your Group Business & By Elizabeth Smith

June 5, 2024

Via: Hotel News Resource

Summer is the perfect season to host vibrant and memorable events at your property and to increase revenue this summer. This means you need to put your summer hotel marketing into high gear now. Whether you have a large outdoor […]


Hotels

Ace Hotel & Swim Club Athens to Open This Summer

May 30, 2024

Via: Hospitality Design

Atelier Ace is gearing up to launch Ace Hotel & Swim Club Athens, a new hotel on Greece’s Athens Riviera, late this summer. Designed by French architecture and interiors firm Ciguë, the 120-room hotel follows the company’s latest openings in […]


Hotels

Sofitel Shanghai North Bund Hotel Opens 

May 29, 2024

Via: Hotel News Resource

Accor Greater China unveiled its 700th hotel, with the opening of Sofitel Shanghai North Bund – a 25-story landmark and the newest flagship of the Sofitel Hotels & Resorts brand. The milestone opening is especially significant, given that 2024 is […]


Technology

Hotel Automation: How Using Templates Will Improve Group Bookings & By Elizabeth Smith

May 24, 2024

Via: Hotel News Resource

In hotel group sales and event management, every moment counts for running efficient operations and ensuring guest satisfaction. Hotel automation, particularly through the strategic use of templates, emerges as a powerful ally for successful group business and operational profitability. Imagine […]


Travel

Travel & Tourism Set to Contribute a Record $182BN to the Canadian Economy This Year

May 24, 2024

Via: Hotel News Resource

The World Travel & Tourism Council (WTTC) is forecasting an historic year for Canada’s Travel & Tourism sector this year, with the economic contribution set to reach an all-time high of almost $182BN. Reaching $182.1BN in 2024 represents an additional […]


News

Hotelschool The Hague and CTO Forge Partnership for Sustainable Tourism Innovation

May 23, 2024

Via: Hotel News Resource

Hotelschool The Hague (HTH) and the Caribbean Tourism Organization (CTO) have announced a partnership to ignite sustainable practices and innovation across the global tourism landscape. This collaboration expands the Sustainable Hospitality Challenge (SHC) into the Caribbean region, broadening the platform’s […]


Travel

The Experiential Travel Boom: The Big Summer Travel Trends for 2024 & By Ivana Johnston

May 22, 2024

Via: Hotel News Resource

Even with the economy’s ups and downs, travelers are spending more on experiences. They’re going for bucket-list adventures that showcase their unique passions. This booming industry is expected to reach $1.6 trillion by the end of 2024! Airbnb is also […]


Finance and Development, Real Estate

Lodging Econometrics Releases European Hotel Pipeline Data

May 21, 2024

Via: Hospitality Design

Lodging Econometrics (LE) has released its Q1 2024 Hotel Construction Pipeline Trend Report for Europe. According to LE analysts, the region’s total pipeline stands at 1,705 projects/253,777 rooms at the close of the first quarter. European hotel projects by stage […]


Hotels

Outbound Hotels Will Soon Debut in Vermont

May 20, 2024

Via: Hospitality Design

Nature-centric lodging company Outbound Hotels has unveiled its latest addition in the picturesque landscape of Stowe, Vermont. Following the success of its predecessors in Jackson Hole and Mammoth Lakes, the 73-key Outbound Stowe is situated on an expansive property that […]


Finance and Development, Real Estate

U.S. Hotel Construction Pipeline Kicks off Q1 2024 with Growth and Record&Highs

April 24, 2024

Via: Hotel News Resource

As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% […]


Technology

The Future of Hotel Procurement is in the Cloud & Here is Why & By Johannes Vocke, CFO, FutureLog

April 23, 2024

Via: Hotel News Resource

If your hotel uses in-house software to manage procurement, leadership may be reluctant to adopt a cloud-based solution – especially if an on-premise system has served you well for many years. This mindset is likely to put your hotel behind […]


Finance and Development, Markets

STR Weekly Insights on Global Hotel Industry Performance: 7&13 April 2024

April 22, 2024

Via: Hotel News Resource

2024 reflected an easy comparison to Easter last year and the impact of the solar eclipse. Revenue per available room (RevPAR) rose 5.8% driven by nearly equal gains in occupancy and average daily rate (ADR). However, the growth was not […]


News

Nature Positive Report Marks New Collaborative Era in Travel & Tourism

April 22, 2024

Via: Hotel News Resource

The leading players of Travel & Tourism globally have published a landmark joint report setting out their joint plan to help halt and reverse biodiversity loss. Launched on Earth Day 2024, “Nature Positive Travel & Tourism in Action” is the […]


Hotels

Trailborn Highlands Channels the Blue Ridge Mountains

April 19, 2024

Via: Hospitality Design

Trailborn—a new hospitality brand rooted in and inspired by the great American outdoors—will launch its second property this July. Set to debut in downtown Highlands, North Carolina, the forthcoming property follows the December 2023 opening of Trailborn Rocky Mountains (a […]


Finance and Development, Real Estate

Hotel Development Pipeline Activity Down Globally, Except in the Americas

April 15, 2024

Via: Hotel News Resource

The Americas is the only world region that showed a year-over-year increase in pipeline activity at the end of the first quarter, according to March 2024 data from CoStar. March 2024 (% change in comparison with March 2023): Europe In […]


Finance and Development, Financial

Streamlining Success: The Crucial Role of Hotel Finance System Integration in 2024 & By Jill Wilder

April 10, 2024

Via: Hotel News Resource

As the travel market continues to evolve, with occupancy levels exhibiting extraordinary growth in most major markets around the world, today’s hoteliers are facing an array of challenges in managing their operations efficiently. From guest experience enhancement to the digitization […]


Travel

Travel & Tourism Set to Break All Records in 2024, According to WTTC

April 8, 2024

Via: Hotel News Resource

The World Travel & Tourism Council (WTTC) is projecting a record-breaking year for Travel & Tourism in 2024, with the sector’s global economic contribution set to reach an all-time high of $11.1 trillion. According to the global tourism body’s 2024 […]


News

Five on Friday: April 5th, 2024

April 5, 2024

Via: Hospitality Design

Chef José Andrés calls for action following strike that killed aid workers, HDAC announces its 2024 Awards of Excellence honoree, and a technology museum is planned in Xi’an. All that and more in this week’s Five on Friday. Italian architect […]