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Tag: hotel


Finance and Development, Trends

Hotel Bookings Globally Hit Their Highest Point Since the Start of the Pandemic – By Mike Ford, Founder and Managing Director at SiteMinder

September 21, 2021

Via: Hotel News Resource

While uncertainty continues to dominate headlines, there is a new constant that remains chronically underreported. Booked travel. In fact, it’s now been four consecutive months that hotel bookings globally have remained over 60% of 2019 levels. As I write this, […]


Finance and Development, Markets

STR: U.S. hotel performance for August 2021

September 20, 2021

Via: Hospitality Net

s the summer leisure travel surge subsided, the U.S. hotel industry reported performance declines from the month prior, according to August 2021 data from STR. August 2021 (percentage change from August 2019): Occupancy: 63.2% (-11.3%) Average daily rate (ADR): US$137.57 […]


News

WTS International Announces Barry Goldstein as Chief Executive Officer

September 20, 2021

Via: Hospitality Net

WTS International, a portfolio company of private equity firm CI Capital Partners and a global provider of hospitality and amenity services for commercial, residential and hotel properties, today announced the appointment of Barry Goldstein as Chief Executive Officer. Goldstein has […]


Technology

The Meritage Collection Rolls Out New Sustainability Programs and Partnerships

September 17, 2021

Via: Hospitality Net

The Meritage Collection has rolled out a sustainability program that has been two years in the making across its six upscale hotel properties in California, Hawaii and Texas. With resorts located in Texas’ Hill Country to the shores of Kauai, […]


News

Marriott International and industry leaders discuss future trends at its first hybrid event in Asia Pacific

September 17, 2021

Via: Hospitality Net

With grounds for optimism over travel rebound, Marriott International together with industry leaders discussed future trends at its first hybrid event in Asia Pacific – “Be There with Marriott International – The Path Forward for Travel and Events”. The event, […]


Travel

Plane Sailing: How to mitigate the irritations of air travel

September 17, 2021

Via: Hospitality Net

For months people have been talking about a return to travel, and indeed willingness is strong and steady. In a recent poll from GBTA, seven in ten (72%) travel buyers felt their employees were ‘willing’ or ‘very willing’ to travel […]


Travel

New WTTC report provides vital investment recommendations for the Travel & Tourism sector post-pandemic

September 16, 2021

Via: Hospitality Net

The World Travel & Tourism Council (WTTC) launched today an important new report that provides investment recommendations for governments and destinations, as they aim to rebuild and grow their Travel & Tourism sector. With the pandemic bringing international travel to […]


Technology

HITEC TV: Developing and Delivering the Contactless Guest Experience

September 16, 2021

Via: Hospitality Net

Watch and listen to 3 hotel technology companies and how they work together to ensure that one of the largest hotels in Las Vegas, delivers on its guest promise and enhances the guest experience. Even Frydenberg, CEO of Zaplox, Nicolás […]


Finance and Development, Financial

Report: Hotels Projected To End 2021 Down $59 Billion In Business Travel Revenue

September 15, 2021

Via: Hospitality Net

The hotel industry is projected to end 2021 down more than $59 billion in business travel revenue compared to 2019, according to a new report released today by the American Hotel & Lodging Association and Kalibri Labs. That comes after […]


Travel

U.S. economy faces daily loss of nearly $198 million due to travel restrictions

September 15, 2021

Via: Hospitality Net

Miami, FL: Latest research conducted by the World Travel & Tourism Council (WTTC) on inbound international travel spend has found that the United States economy faces a daily potential loss of nearly $198 million should current border restrictions remain. Based […]