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 […]
February 19, 2024
Via: Hotel News ResourceHyatt Place Makassar, the first Hyatt Place hotel in Indonesia is officially open today. Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate […]
February 15, 2024
Via: Hospitality DesignCaesars Republic Scottsdale, the first non-gaming hotel from Caesars Entertainment, is set to open its doors next month. Situated on the north side of Scottsdale, Arizona’s Fashion Square Mall, the 260,000-square-foot property features 265 guestrooms, including 28 suites and five […]
Finance and Development, Markets
February 13, 2024
Via: Hospitality DesignA new report from the American Hotel & Lodging Association (AHLA) found that 72 percent of the 2,202 U.S. adults surveyed plan to maintain or increase their number of hotel stays in 2024 compared to 2023. The survey found that […]
February 13, 2024
Via: Hospitality DesignFour Seasons Hotels & Resorts is set to open its second hotel in Hangzhou, China this year. The forthcoming 214-key property will be housed in the Hangzhou Center Tower, situated a new mixed-use development project that spans 1.6 millions square […]
February 12, 2024
Via: Restaurant DiveThe partnership is a way to enhance the guest experience by “making it easier than ever for hotel guests to get a meal, snacks or convenience items delivered right to their hotel,” Rob DelaCruz, vice president and general manager of […]
Finance and Development, Markets
February 12, 2024
Via: Hotel News ResourceElevate the guest experience For hotels, it’s more important than ever to offer experiences that meet guests’ evolving expectations. Achieve exceptional client experiences by enhancing your customer journey, actively pursue and promote sustainability initiatives, deliver seamless customer experiences, and consider […]