Tag: hoteliers

February 7, 2024

CBRE and JLL present the landmark Caribe Hilton to the investment community. Highly profitable and situated on its own 17-acre waterfront peninsula in the Condado district, this renovated 652-key resort offers tremendous upside potential in San Juan, a city with […]

February 6, 2024

SH Hotels & Resorts has unveiled ambitious expansion plans. Over the next four years, the company, founded by Barry Sternlicht, will add 19 properties across its 1 Hotels, Baccarat Hotels, and Treehouse Hotels brands. The biophilic, sustainably minded 1 Hotels […]

February 6, 2024

Hyatt Hotels Corporation (NYSE: H) announced the opening of Ronil Goa, part of the JdV by Hyatt brand, in the holiday state of Goa, India. This marks the entry of the JdV by Hyatt brand in Southwest Asia. Located on […]

February 5, 2024

Improvement in group business, especially across the Top 25 Markets and upper-upscale chains, drove growth in U.S. hotel revenues and profits, according to 2023 P&L data from CoStar. 2023 per-available-room metrics (% change from 2022) GOPPAR: US$75.83 (+8.2%) TRevPAR: US$211.49 […]

February 5, 2024

A survey conducted by WYSE Travel Confederation among 57,000 travelers under the age of 30, revealed that 47% of this demographic book their accommodation on OTAs! It’s a figure that’s prompting more and more hoteliers to take an interest in […]

February 1, 2024

U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 27 January. 21-27 January 2024 (percentage change from comparable week in 2023): Occupancy: 56.2% (-0.3%) Average daily rate (ADR): US$149.76 (+5.1%) […]

February 1, 2024

The Ritz-Carlton Dallas, Las Colinas, opened its doors on January 23rd, becoming the newest addition to The Ritz-Carlton’s collection of over 110 hotels and resorts worldwide. The property has a 38-year-old legacy in the Dallas area and is undergoing a […]

February 1, 2024

The hotel, formerly known as Madrid Atocha Affiliated by Meliá and located in the heart of Madrid, has undergone a complete renovation and will reopen under the Meliá Collection brand, in response to the increasing demand for luxury accommodations in […]

January 31, 2024

Hotel design impacts every aspect of a traveler’s experience. To get a sense of where hotel design is headed this year, we asked a handful of veteran designers to share what they predict we’ll be seeing in 2024. “Luxury hotels […]

January 31, 2024

Whitbread PLC, the UK’s largest hotel business and owner of Premier Inn, has opened the doors to the most westerly hotel at Cork City, Ireland. The 187-bedroom hotel is the first Premier Inn to open outside of Dublin and represents […]

January 30, 2024

The ibis Budget Windsor and adjoining development land have been listed for sale amid strong demand for accommodation investment opportunities in the 2032 Olympics host city. CBRE Hotels’ Wayne Bunz and Hayley Manvell have been exclusively appointed to steer the […]

January 30, 2024

Indian Hotels Company (IHCL) announced the signing of a third hotel in Ayodhya, Uttar Pradesh. The brownfield project will be branded as an IHCL SeleQtions hotel. Commenting on the signing, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL […]

January 29, 2024

Earlier this month, a jury of independent architects, educators, and planners convened to unveil the winners of the 2024 AIA New York Design Awards, which celebrates outstanding projects by AIA New York members, architects practicing in the city, or those […]

January 29, 2024

Given the widespread knowledge and interest in using technologies like generative artificial intelligence, virtual reality and augmented reality among today’s travelers, travel brands should continue down the path toward integrating them into the ways in which travel can be planned, […]

January 26, 2024

The White Lotus heads to Thailand, psychedelic wellness retreats gain popularity, and the James Beard Foundation names restaurant and chef semifinalists. All that and more in this week’s Five on Friday. James Beard Awards announces its 2024 semifinalists The James […]

January 25, 2024

CBRE Hotels, as sole and exclusive agent for the owner, has been retained to offer for sale the fee-simple interest (with the leasehold interest in the Event Center) in the 187-room Sheraton McKinney. Positioned at the intersection of two prominent […]

January 24, 2024

Hyatt Hotels Corporation (NYSE: H) in collaboration with Inmobiliaria Canels, SA de CV and GACO&BA, announce that their affiliates have entered into an agreement to bring the full-service Hyatt Centric lifestyle brand to Querétaro, Mexico, a historic colonial town in […]

January 23, 2024

Seminole Hard Rock has promoted Keith Sheldon to President of Entertainment and Brand Management for Seminole Gaming and Hard Rock International. In this new and expanded role, Sheldon will be responsible for oversight of brand management, consumer marketing, brand partnerships, […]

January 23, 2024

Turnberry today announced that it will develop and operate The St. Regis Nashville and The Residences at The St. Regis Nashville. Located at 805 Demonbreun Street in Nashville, the new luxury offering is being designed by architect Morris Adjmi. It […]

January 22, 2024

sbe and Wyndham Hotels & Resorts (NYSE: WH)announced today the launch of a new smart lifestyle brand under the working title, Project HQ Hotels & Residences. Project HQ unites the decades of experience of lifestyle visionary Sam Nazarian with the […]