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 […]
Finance and Development, Trends
March 14, 2024
Via: Hotel News ResourceAccording to BCD Travel’s Cities & Trends Europe 2023 edition, Amsterdam and New York are the most visited cities for European business travelers. The most popular countries are Germany and the United States. The report is based on BCD flight and […]
Finance and Development, Markets
March 13, 2024
Via: Hotel News ResourceThe travel and tourism sector witnessed the announcement of 93 deals* globally during the first two months of 2024, an year-on-year (YoY) decline of 22.5% compared to the announcement of 120 deals during the same period in 2023, reveals GlobalData. […]
Finance and Development, Markets
March 12, 2024
Via: Hotel News ResourceA series of events pushed all-time high occupancy levels in Dubai, according to February preliminary data from CoStar. February 2024 (year-over-year % change): Occupancy: 90.8% (+3.4%) Average daily rate (ADR): AED887.06 (+9.3%) Revenue per available room (RevPAR): AED805.21 (+13.1%) Read […]
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 […]
March 11, 2024
Via: Hotel News ResourceThe Caesars Rewards hotel is a modern 11-story, 265-room luxury hotel. Caesars Republic Scottsdale promises a truly unparalleled experience in the Valley of the Sun, marking the first non-gaming Caesars hotel in the United States. In collaboration with Caesars Entertainment […]
Finance and Development, Financial
March 7, 2024
Via: Hotel News ResourceKate Nicholls, Chief Executive of UKHospitality, said: “The Chancellor missed a real opportunity today to show that he backs hospitality and understands the real pain they are enduring. “He had a chance to accelerate and unlock hospitality, but instead he […]
March 6, 2024
Via: Hotel News ResourceHotelogix, a globally leading cloud-based hospitality technology provider, proudly announced that it has become the leading Cloud-based Property Management System for Hotels in the Philippines. This significant milestone was achieved following the successful signing of 57 properties with 7437 rooms […]
March 5, 2024
Via: Hotel News ResourceIn 2023, the travel market not only recovered from its slump during the crisis of the Covid pandemic, it even surpassed 2019 levels. “Now we can really say the pandemic is over“, said Charuta Fadnis, vice president of the tourism […]
March 5, 2024
Via: Hotel News ResourceToday, Marriott Hotels announced the opening of Santo Domingo Marriott Hotel Piantini, marking the flagship brand’s debut in the Dominican Republic’s metropolis. Located in the heart of the financial and entertainment center of Santo Domingo, the hotel is situated near […]
Finance and Development, Markets
March 4, 2024
Via: Hotel News ResourceTop-Line Metrics (January 2024, percentage change from January 2023): Occupancy: 51.9% (-1.7%) Average daily rate (ADR): $146.33 (+2.7%) Revenue per available room (RevPAR): $75.99 (+0.9%) Key points January produced modest RevPAR growth, reflecting the continued return to pre-COVID patterns of […]
February 28, 2024
Via: Hospitality DesignLocated on the 12th floor of the Address Dubai Mall—a luxury hotel and lifestyle destination—Nazcaa is a new a dining concept that fuses Peruvian and Japanese cuisine. Designed by ZNera Space and Habitat Architects, Nazcaa was born out of a […]
February 28, 2024
Via: Hospitality DesignFinland has welcomed its inaugural Radisson RED Hotel, the 195-room Radisson RED Helsinki. Situated at the corner of Kaisaniemi Park, the hotel is a fusion of local Nordic aesthetics, striking architectural elements, and the boutique hotel brand’s recognizable visual identity. […]
February 27, 2024
Via: Hotel News ResourceHospitality Solutions and Hilton (NYSE: HLT), will welcome guests to Embassy Suites by Hilton Gatlinburg Resort, a new resort located in Gatlinburg, on March 15. The new Embassy Suites by Hilton Gatlinburg Resort sits at the base of the Great […]
Finance and Development, Markets
February 27, 2024
Via: Hotel News ResourceWhile global hotel revenue per available room (RevPAR) remains elevated, surpassing 2019 levels by 11.7% through the first eleven months of 2023, performance has begun to normalize as some leisure travel contracts. Stabilization has weighed heaviest in resort markets, predominantly […]
February 27, 2024
Via: Smart MeetingsSouth Florida offers luxury, wellness and experiences Touring through South Florida was almost an international experience as I explored all the different influences Marriott International has interwoven into their hospitality, culinary and wellness offerings. A true melting pot of culture, […]
February 20, 2024
Via: Restaurant DiveIn the service industry, high turnover and low profit margins create fierce competition and significant challenges as an employer. On top of the administrative tasks that keep your organization running smoothly behind the scenes, you’re competing against a growing number […]
February 20, 2024
Via: Hotel News ResourceVizergy Digital Marketing, a global leader in driving direct online revenue through data insights, proven digital marketing programs, reservation solutions and Vizergy’s digital sales and marketing software platform, is pleased to announce the award, recognizing Valencia Hotel Collection and its […]
February 19, 2024
Via: Hotel News ResourceHospitality rides the wave of AI The hospitality industry is undergoing notable shifts. Global gross hotel bookings, one of the major and rapidly expanding sectors of the travel industry, increased from $450 billion in 2022 to $510 billion in 2023 […]
February 19, 2024
Via: Hotel News ResourceIn the ever-evolving landscape of online advertising, staying ahead of the curve is paramount for businesses looking to maximize their revenue while also adapting to changes in user privacy expectations. With Google’s recent announcement regarding updates to its Hotel Ads […]