Tag: hospitality

September 29, 2023

SiteMinder, the world’s leading open hotel commerce platform, has released the 2023 edition of the world’s largest consumer research on accommodation, which reveals that 91% of travellers intend to travel at least the same amount as they did over the […]

September 29, 2023

Black Creek Mexico announced that affiliates of Alojica, a BCM sponsored investment platform, have completed the acquisition of the Marriott Puerto Vallarta Resort & Spa, from an affiliate of Marriott International, Inc. The 433-room beachfront resort, located in Puerto Vallarta, […]

September 28, 2023

Blackstone acquires the Cascade Wellness Resort in Lagos, Portugal, from Fliptrel Blackstone, through its Luxembourg-based subsidiary Magma Pledgeco, has acquired the five-star, 164-room (including apartments) Cascade Wellness Resort in Portugal from Fliptrel Portugal, for a reported €50 million (€305,000 per […]

September 28, 2023

Hyatt Hotels Corporation (NYSE: H) today announced the opening of Hyatt Place Kuala Lumpur, Bukit Jalil, Malaysia’s first Hyatt Place and the first international hotel in Bukit Jalil , marking the continued growth of the Hyatt Place brand’s footprint globally […]

September 27, 2023

Marriott 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 […]

September 27, 2023

World Tourism Day takes place each year on September 27. It was established by the United Nations in 1980 to commemorate the same day in 1970 when the UNWTO (United Nations World Tourism Organization) Statues were adopted. The annual day […]

September 26, 2023

The art-focused Hotel Downstreet has opened in North Adams, Massachusetts, a historic cultural destination known for its creative community. Home to the U.S.’ largest contemporary art museum, MASS MoCA, the quaint town is a hub for modern galleries and music […]

September 26, 2023

Japanese REIT, Nippon Accommodations Fund Inc. (NAF) have agreed to purchase a portfolio of three hotels for a sum of JPY 3.1 billion, with the purchased properties in Nishi-Akashi, Matsuyama, and Naha, Japan. A total of 331 Rooms were acquired […]

September 25, 2023

AC Hotels by Marriott makes its debut in Croatia with the opening of AC Hotel by Marriott Split, nestled on the uppermost floors of the Westgate Tower with sweeping views of the Adriatic Sea and Split’s cityscape. Designed by architect […]

September 25, 2023

The World Travel & Tourism Council (WTTC), today shed light on the substantial resurgence of China’s Travel & Tourism sector. According to WTTC’s latest Economic Impact Research, China’s Travel & Tourism sector is predicted to contribute $1.48TN to the national […]

September 22, 2023

LuxUrban Hotels Inc. (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, announced yesterday that the Hotel 57 in New […]

September 22, 2023

Canada’s hotel industry reported its highest occupancy level since August 2019, according to CoStar’s August 2023 data. August 2023 (percentage change from August 2022): Occupancy: 77.4% (+1.4%) Average daily rate (ADR): CAD226.04 (+5.8%) Revenue per available room (RevPAR): CAD174.87 (+7.2%) […]

September 21, 2023

Not only will Friday, September 29th mark the long-awaited debut of Raffles London at the OWO, it will also celebrate the first UK hotel opening for Singapore-based Raffles Hotels & Resorts and will be the first time since its 1906 […]

September 21, 2023

In the bustling restaurant industry, it’s no longer just about how great your food is. As a restaurant manager, you need to stay on top of rapidly evolving restaurant technology trends to streamline your operations and increase sales and revenue. […]

September 20, 2023

Yesterday, the American Hotel & Lodging Association (AHLA) and the Hotel Association of Canada (HAC) have signed a Letter of Intent to form a joint venture company that will own and operate the Green Key Global certification program in the […]

September 20, 2023

ForwardKeys, a travel data and analytics firm, has recently released the latest Chinese outbound travel trends regarding Golden Week, ahead of the webinar with Dragon Trail International on September 26. As of September 6, bookings for upcoming Golden Week travel […]

September 19, 2023

The Las Vegas Strip will sparkle even brighter come December when the long-anticipated Fontainebleau Las Vegas finally makes its debut. Located next to the Las Vegas Convention Center, the mammoth project—which has been in the works for 16 years and […]

September 19, 2023

ForwardKeys, the travel analytics firm has identified five major travel trends in global air travel this summer. These have been revealed by an analysis of the top destinations and top origin markets compared to last year and to pre-pandemic levels […]

September 18, 2023

Newly opened in Mexico City’s Colonia Roma Norte neighborhood, Colima 71 offers a new hotel experience inspired by the creative spirit of the area. Designed by architectural practice T.A.X., led by Alberto Kalach, Colima 71 exemplifies the locally based firm’s […]

September 18, 2023

Running a hotel isn’t just about offering a comfortable stay. Behind the impeccable service and finely made beds, lies a strategic world driven by the goal of increasing bookings and offering top-tier services. The challenge? Balancing memorable guest experiences while […]