Tag: hotel

March 30, 2023

Meliá Hotels International will open its first luxury hotel in Lisbon in 2024 the lifestyle brand ME by Meliá. The new ME Lisbon will be located on the corner of the downtown avenues of Antonio Augusto de Aguiar and Fontes […]

March 29, 2023

STR’s global “bubble chart” update through 18 March 2023 shows growing momentum in the Asia Pacific region and more than half of markets globally with better than 20% growth in revenue per available room (RevPAR) versus 2019. Among all countries […]

March 28, 2023

A legendary casino brand has returned to the Entertainment Capital of the World, but this time, on the Las Vegas Strip. On Friday, March 24, Horseshoe Las Vegas honored the rich history and legacy behind the Horseshoe name while celebrating […]

March 27, 2023

The Ritz-Carlton, Melbourne has debuted as a contemporary new urban retreat spread across 20 floors of an 80-story tower in the $1 billion West Side Place complex. Designed by BAR Studio, the 257-suite hotel to reflect the local cultural landscape […]

March 22, 2023

Modern Japanese concept Taru has debuted as the latest entry to Midtown Manhattan’s fine dining landscape. Crafted by BLANK Design, the intimate eatery is a study in Japanese aesthetics, from contemporary to traditional. The neighboring Baccarat Hotel also informed the […]

March 22, 2023

IHG Hotels & Resorts has signed a management agreement with Arabella Group to develop three new hotels in Egypt between 2023 and 2026. The hotels – InterContinental North Coast Direction White, voco Cairo Arabella Plaza Cairo, and Crowne Plaza Cairo […]

March 21, 2023

Nestled into the hillside of downtown Charlotte Amalie on the island of St. Thomas, the Pink Palm Hotel debuts at the site of the former Smith’s Fancy guesthouse. Owner Brent Pelton and president of operations Stephanie Carballo led the transformation […]

March 21, 2023

Data Security and Privacy in Hospitality – Who’s Paying the Bill? – By Robert Braun, Co-Chair, JMBM Cybersecurity and Privacy Group; Senior Member, JMBM Global Hospitality Group One of the most valuable assets of a hotel brand is information – […]

March 21, 2023

TFE Hotels announced the opening of the Adina Apartment Hotel Geneva in Switzerland’s very first international hotel hub. The Adina – TFE’s first hotel in Switzerland – together with precinct neighbours Intercity B&B, and the nearby Marriott, adds around 1000 […]

March 20, 2023

TMC Hospitality has announced the arrival of Drift Palm Springs in California. The new boutique property from Drift Hotels, which inaugurated Drift Santa Barbara in February, comes courtesy of Los Angeles creative agency Folklor and locally based o2 Architecture. The […]

March 20, 2023

The Baird/STR Hotel Stock Index fell 2.5% in February to a level of 5,541. “Hotel stocks – just like the broader market – pulled back in February as the focus turned to earnings and initial 2023 outlooks,” said Michael Bellisario, […]

March 15, 2023

InterGlobe Hotels announced the launch of their new hotel – ibis Thane, today. The hotel is located on Pokhran Road at the Thane district of Maharashtra, and is a 50 minutes’ drive from Terminal 2 of Mumbai International Airport. ibis […]

March 14, 2023

Hilton (NYSE: HLT) predicts 2023 will be its strongest year of growth in France, with seven planned hotel openings, the highest single-year increase to its French portfolio. As well as continued expansion in Paris, Hilton is focusing on major resort […]

March 14, 2023

Carter Group to Invest in Pro-invest APAC Value-add Hotels Fund New Zealand-based investment firm Carter Group Limited (“CG”) has become a significant stakeholder in Australia-based Pro-Invest Group (“PG”)’s AUD500 million Asia Pacific Hotel Fund. CG has sold the vacant 209-key […]

March 13, 2023

U.S. Performance Hotel occupancy came in at 62.8%, which was down from an elevated 64.2% the week prior (Presidents’ Day holiday) but higher than all other weeks in 2023 and 3.0% above the 2022 comparable. Average daily rate (ADR) was […]

March 9, 2023

With a location, on the V&A Waterfront, between an international yacht marina and the working harbour, with the Table Mountain as a backdrop, the Cape Grace Hotel will transition into a fully branded Fairmont property by end of 2023. The […]

March 9, 2023

U.S. hotel performance fell from the previous week, according to STR‘s latest data through 4 March. 26 February through 4 March 2023 (percentage change from comparable weeks in 2022, 2019): Occupancy: 62.8% (+3.0%, -5.6%) Average daily rate (ADR): US$151.35 (+8.9%, […]

March 9, 2023

Hyatt Hotels Corporation (NYSE: H) announced today the first Hyatt Centric hotel in Canada, Hyatt Centric Ville-Marie Montréal, in collaboration with global real estate developer Jesta Group. Centrally located in the heart of Old Montréal, the property features 177 guestrooms, […]

March 9, 2023

Decreasing guest satisfaction in the hospitality industry is one of the symptoms of hotels not having the staff to keep up with consumers’ shifting demands. To alleviate both, hoteliers are leaning on new technology and unique designs to appeal to […]

March 9, 2023

Marriott International, Inc., announced plans to introduce The Ritz-Carlton, its luxury brand, to Phuket, Thailand following the signing of an agreement with Asset World Corporation (AWC). The agreement stipulates plans for the strategic renovation and rebranding of the existing Westin […]