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 15, 2024
Via: Hotel News ResourceIndian Hotels Company (IHCL), India’s largest hospitality company, today announced the opening of Scenic Munnar – IHCL SeleQtions hotel in Kerala. Nestled amidst lush emerald hills, the city beckons tourists with its natural beauty. Commenting on the opening, Mr. Puneet […]
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 […]
March 8, 2024
Via: Hotel News ResourceTo celebrate International Women’s Day, the World Travel & Tourism Council (WTTC) underscores the pivotal role of women in the global Travel & Tourism sector. According to WTTC data, women in tourism comprise a significant portion of the sector’s workforce, […]
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 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 29, 2024
Via: Hospitality DesignThe Kimpton Hotel Monaco Salt Lake City in Utah has emerged from a four-month renovation. Housed in the city’s Continental Bank building, built in 1928, the revitalized property honors its history, both architecturally and geologically, while ushering in a new […]
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 28, 2024
Via: The World of HospitalityLuxury Lifestyle Awards, the renowned global authority dedicated to recognizing and celebrating excellence in the luxury industry, is thrilled to announce the prestigious list of the Top 100 Hotel General Managers of the World for the year 2023. This exclusive […]
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 26, 2024
Via: Hospitality DesignMilliken’s Lee Blair retires, Eaton Fine Art and Armadillo welcome new team members, and more. Here is this month’s manufacturer news to know: Industry veteran Lee Blair retires Lee Blair—the current vice president and business manager for Milliken & Company’s […]
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% […]
February 21, 2024
Via: Hotel News ResourceChoice Hotels International, Inc. announces the opening of Cambria Hotel Burbank Airport. The new hotel offers 150 rooms, upscale amenities and is located just a mile from Burbank airport and a short distance from West Hollywood and Beverly Hills. The […]