November 30, 2023
Via: Hospitality DesignSet to debut in London late next year, the Newman will mark the first property from Kinsfolk & Co, a new hospitality management company that launched in May. The contemporary hotel will seamlessly integrate into the artistic community of Fitzrovia, […]
November 29, 2023
Via: The World of HospitalityGolden Experiences & Travel have been designed to fulfill the highest expectations of discerning travelers. G.E.T. products and destinations feature: Golden Galapagos our Luxury Carbon Neutral Cruise Operator specialized in exclusive, high-end cruises and expeditions in the Galapagos Islands. Discover […]
November 28, 2023
Via: Hospitality DesignThe 50-key Hotel Anna & Bel will soon debut in Fishtown, Philadelphia, amidst the neighborhood’s arts, music, and culinary scene. Slated to debut in March 2024, the hotel will breathe new life into several historic buildings, including an 18th-century structure […]
Finance and Development, Trends
November 28, 2023
Via: Hospitality DesignThe global luxury hotel market is on the rise, reaching a valuation of $128.5 billion in 2022 with an expectation to increase to $140.3 billion by the end of this year. Recent projections from Fortune Business Insights indicate a remarkable […]
November 27, 2023
Via: Hospitality DesignCafé Carmellini has opened its doors in New York’s NoMad neighborhood, offering a modern menu of French and Italian cuisine. The name of the restaurant is a nod to chef Andrew Carmellini‘s family business, a coffee importing operation that thrived […]
Finance and Development, Real Estate
November 27, 2023
Via: Hospitality DesignStandard International will soon add a new hotel brand to its portfolio: the StandardX. The new concept is derived from the Standard’s youthful roots, drawing inspiration from the spirit that defined its inception 25 years ago—when the now-shuttered Standard, Hollywood […]
Finance and Development, Trends
November 22, 2023
Via: Hotel News ResourceMarketers have always been pretty resilient. Anyone who works in marketing will tell you there’s a needMarketers have always been pretty resilient. Anyone who works in marketing will tell you there’s a need to be flexible whilst juggling the best […]
November 17, 2023
Via: Hospitality DesignPrithvi Raj Singh Oberoi passes away at 94, Airbnb makes its first acquisition as a public company, and Sydell Group considers selling its NoMad Hotels brand. All that and more in this week’s Five on Friday. Prithvi Raj Singh Oberoi […]
Finance and Development, Trends
November 17, 2023
Via: Hotel News ResourceTravelers never stand still for long. This is an industry of dynamic change, one always evolving and adapting to the latest innovation, fashion, or cultural shift. While it is impossible to know exactly what tomorrow will bring, Amadeus’ position at […]
November 16, 2023
Via: Hotel News ResourceChoice Hotels International, Inc. (NYSE: CHH) announced the opening of the Cambria Hotel Waco University Riverfront. The four-story, 130-room property is the ninth Cambria Hotel to open in the Lone Star State, joining Austin Downtown, Austin Uptown, Austin Airport, Houston […]
Finance and Development, Trends
November 16, 2023
Via: Hotel News ResourceHospitality venues are more than just background scenery Imagine a world where the elegance of Spanish TV series “Grand Hotel” converges with the gritty allure of “Sweetbitter.” Just as “Grand Hotel” provides a peek into the concealed intricacies of a […]
November 15, 2023
Via: Hotel News ResourceOfficials of the 368 room San Ramon Marriott today announced the completion of a $17 million renovation. The hotel, owned by an affiliate of Lone Star Funds and operated by HEI Hotel & Resorts, received a top-to-bottom refurbishment to upgrade […]
Finance and Development, Trends
November 15, 2023
Via: Hotel News ResourceAmerican Express Travel released its annual Trending Destinations list for 2024 today, featuring the 10 must-visit vacation spots based on global American Express Card Member travel bookings and recommendations from Amex Travel’s team of 6,000 expert Travel Consultants. This year’s […]
Finance and Development, Trends
November 14, 2023
Via: Hotel News ResourceMadrid’s hotel average daily rate (ADR) and revenue per available room (RevPAR) reached the highest monthly levels on record, according to October 2023 preliminary data from CoStar. October 2023 (year-over-year % change): Occupancy: 81.9% (+2.0%) Average daily rate (ADR): EUR204.35 […]
November 14, 2023
Via: Hotel News ResourceIn partnership with Greentown China Holdings Limited, China Resources Land Limited and Hangzhou Metro Development Company Limited, luxury hospitality company Four Seasons will open its second Hotel in Hangzhou, China in 2024. At the heart of the city’s newest mixed-use […]
November 13, 2023
Via: Hospitality DesignThe Serai Wing, a collection of private rooms and suites, recently opened its doors as an extension of the Chedi-Al-Bait hotel in Sharjah, UAE. The heritage property, once the residences of pearl merchant Khalid bin Ibrahim, has been transformed into […]
Finance and Development, Real Estate
November 13, 2023
Via: Hotel News ResourceIrongate and Hilton announced plans for a transformation of one of Hawaii’s most revered properties. The Trump International Hotel, Waikiki, will be reborn as Wākea Waikiki Beach under the management of LXR Hotels & Resorts officially taking place February 2024. […]
Finance and Development, Financial
November 10, 2023
Via: Hotel News Resourcehe Baird/STR Hotel Stock Index decreased 2.4% in October to a level of 5,600. “Hotel stocks fell for the third consecutive month in October, and performance directionally tracked the broader indices,” said Michael Bellisario, senior hotel research analyst and director […]
Finance and Development, Markets
November 10, 2023
Via: Hotel News ResourceA total of 621 deals* were announced in the travel and tourism sector globally during January-October 2023, which was a decline of 31.8% compared to the announcement of 911 deals during the same period in the previous year, finds GlobalData. […]
Finance and Development, Real Estate
November 9, 2023
Via: Hospitality DesignThe Kimpton Grand Roatán Resort & Spa opened its doors last month on the West Bay Beach of Roatán island. The Caribbean resort houses 119 guestrooms, suites, and condos, four restaurants and bars, a spa, and nearly 6,000 square feet […]