March 22, 2023
Via: HospitalityDesignModern 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
Via: Hotel News ResourceIHG 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
Via: Hotel News ResourceTFE 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 15, 2023
Via: Hotel News ResourceInterGlobe 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
Via: Hotel News ResourceHilton (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
Via: Hotel News ResourceCarter 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 […]
Finance and Development, Trends
March 10, 2023
Via: Hotel News ResourceThe off-season can be a challenging time for hoteliers, but there are several ways to make the most out of this time and turn it into a profitable period. Here are some tips for hoteliers to make the most out […]
March 2, 2023
Via: Hotel News ResourceScandic has opened its newest hotel in one of Frankfurt’s top locations just steps from the Main river and minutes from the European Central Bank. Scandic Frankfurt Hafenpark, which has 505 hotel rooms and event space for up to 570 […]
March 1, 2023
Via: Hotel News ResourceFondo Italiano and Eulero Capital acquire stake in HNH Hospitality from Siparex Fund manager Fondo Italiano d’Investimento and investment manager Eurelo Capital, through the Fondo Italiano Consolidamento e Crescita (FICC), have taken over an equity stake in Italian operator HNH […]
February 8, 2023
Via: Hotel News ResourceDuring a general session at the Americas Lodging Investment Summit, hotel owners explained how they have adapted their portfolio strategies, such as reinvesting capital or preparing hotels for sale. Changing market conditions across the U.S. have opened and closed deal […]
Finance and Development, Trends
January 30, 2023
Via: Hotel News ResourceLeisure travel fatigue and inflation are causing Hawaii hoteliers in leisure destinations to drop rates to strengthen demand. Hawaii’s hotel industry is coming off a year of strong rate growth and continues to inch closer to pre-pandemic occupancy levels, but […]
Finance and Development, Trends
January 10, 2023
Via: Hotel News ResourceIn what felt like the blink of an eye, 2022 came and went. 2022 was the year we found our way back to relatively normal, and for industries like hospitality, it was a year defined by recovery. 2023, however, promises […]
Finance and Development, Trends
January 9, 2023
Via: Hotel News ResourceThe skills required to succeed in hotel group, event, and BT sales are going to be hugely different here in 2023, but the disruptions that have caused these changes began much earlier. Traditionally, succeeding in hotel sales was more about […]
January 5, 2023
Via: Hotel News Resource1) Revenge travel took off The introduction of vaccines and the softening of restrictions brought about a surge in demand, and for destinations that were quick to open up, a booming era of travel. This meant that relative to 2020, […]
October 24, 2022
Via: Hotel News ResourceAs dynamic travellers evolve, their changing behaviours and preferences are having very real impacts on the hoteliers seeking to attract and engage them. That was the key message from SiteMinder’s recent Changing Traveller Report, the world’s largest accommodation consumer survey, […]
October 5, 2022
Via: Hotel News ResourceKimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, has officially opened the doors to its first resort hotel in Europe. Located in Mallorca, Kimpton Aysla Mallorca emulates a sanctuary of luxury and wellness and […]
October 4, 2022
Via: Hotel News ResourceSpeaking during the “Finding the Most Profitable Demand: Marketing, Revenue Management and Distribution Channels” panel at the 2022 Lodging Conference, Cesar Wurm, vice president of commercial and revenue management at IHG Hotels & Resorts, said each hotel will need to […]
September 27, 2022
Via: Hotel News ResourceWhat makes a hotel profitable can be narrowed down to one thing: its guests! The guest experience is the main driver of continuous revenue for any successful hotel. When guests are unhappy with their stay, they’re unlikely to return or […]
September 23, 2022
Via: Hotel News ResourceSince Brexit and the beginning of the COVID-19 pandemic in 2020, the hotel trade has faced one crisis after another – not least the current energy crisis. Skyrocketing energy prices have affected almost every business in every sector however, while […]
September 20, 2022
Via: Hospitality NetOaky, the hyper-personalised hotel upselling software, recently launched its new automated in-stay upselling feature. This addition to the platform allows hoteliers to automatically promote add-ons and services to in-house guests via direct messaging and QR codes. This new module will […]