Finance and Development, Trends
March 18, 2024
Via: Hotel News ResourceIn the recently released HSMAI Foundation Special Report: The State of Hotel Sales, Marketing, and Revenue Optimization Talent 2023-2024, the second trend investigates how the gig economy and fractional staffing models are changing talent sourcing. Employers in the hospitality industry […]
March 12, 2024
Via: Hotel News ResourceTourism with its often complex booking requirements for providers and users alike presents an ideal case for using super-apps, which with the help of AI can establish intelligent links and analyse needs. This was put forward at a panel discussion […]
Finance and Development, Trends
February 22, 2024
Via: Hotel News ResourceThe 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% […]
January 10, 2024
Via: Hospitality DesignEver 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 […]
December 13, 2023
Via: Hospitality DesignDespite 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
November 7, 2023
Via: Hotel News ResourceAccor 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 […]
September 27, 2023
Via: Hotel News ResourceMarriott 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
September 5, 2023
Via: Hotel News ResourcePricing 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
September 1, 2023
Via: Hotel News ResourceIn 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
August 31, 2023
Via: Hotel News ResourceImagine 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 […]
August 16, 2023
Via: Hotel News ResourceChoice 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
July 19, 2023
Via: Hotel News ResourceHVS 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. […]
June 23, 2023
Via: Hospitality DesignThe 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, […]
June 9, 2023
Via: Hotel News ResourceIHG 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 […]
June 6, 2023
Via: Hotel News ResourceThe 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
June 2, 2023
Via: Hotel News ResourceChoice 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 […]
May 25, 2023
Via: HospitalityDesignDescribed 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 […]
May 25, 2023
Via: HospitalityDesign1 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 […]
May 24, 2023
Via: HospitalityDesignInnovation 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 […]
May 23, 2023
Via: Hotel News ResourceHilton 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 […]