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Tag: investment


Hotels

Marriott Makes Its Debut in Belize

May 10, 2021

Via: HospitalityDesign

Marriott International has announced the launch of its newest boutique resort, Alaia Belize, Autograph Collection on Belize’s Ambergris Caye island. Spread across more than 20 acres and home to more than 1,000 feet of beachfront, the new eco-luxury development marks […]


Restaurants

4 New Dining Concepts Arrive in Copenhagen

May 10, 2021

Via: HospitalityDesign

As one of the world’s most coveted dining destinations, Noma has undoubtedly helped shape Copenhagen’s reputation as a culinary mecca, and 2020 was no exception for vibrant new arrivals. OEO Studio was behind two of those, including Hija de Sanchez […]


Hotels

Four Seasons Hotel Ritz Lisbon Reveals Extensive Renovation In 2021

May 7, 2021

Via: Hospitality Net

So much more than a room renovation announcement, this is a serendipitous story that begins in 1959, when the Hotel first opened its doors. When highly acclaimed Portuguese architecture studio OITOEMPONTO was entrusted in 2019 to breathe new life into […]


Technology

How Artificial Intelligence Makes Hotel Upselling Smart – And Effective

May 5, 2021

Via: Hospitality Net

One of the best ways for hoteliers to engage guests is to offer them products and services that they’ll covet – and willingly pay for. That’s why upsells are vitally important, especially now as operators try to recover lost revenue. […]


News

Hard Rock Hotel & Casino Atlantic City Announces $20 Million Capital Investment Commitment

May 4, 2021

Via: Hospitality Net

Hard Rock Hotel & Casino Atlantic City announced today the resort will reinvest a minimum of $20 million in capital improvements including suite renovations, the opening of a new Starbucks, additional slots and table games, a new dining outlet and […]


Finance and Development, Markets

The Start of a Travel Comeback in the United States: a Spotlight on 4 Key Destination Markets

April 22, 2021

Via: Hotel News Resource

After over a year of government restrictions in the United States (U.S.), vaccination rates have accelerated, and the nation is on the verge of a travel boom. According to the Centers of Disease Control and Prevention, as of April 12, […]


Hotels

EDITION Hotels to Roll Out Four Units in 2022

April 15, 2021

Via: HospitalityDesign

2021 is shaping up as a landmark year for EDITION Hotels, which recently launched the Tokyo EDITION, Toranomon and will inaugurate four additional properties before the close of the year. The Marriott brand will maintain its momentum in 2022, with […]


News

Hotel Construction Down Around the World, Except in Europe

April 15, 2021

Via: Hotel News Resource

Europe is the only world region showing increased hotel construction activity in comparison with the end of Q1 last year, according to March pipeline data from STR. March 2021 (% changes in comparison with March 2020) Europe In Construction: 258,129 […]


Technology

RMS North America launches website development service

April 9, 2021

Via: Hotel Management

Property management system provider RMS North America has launched RMS Web, a website development service available to all hotels looking to grow their brand and online presence. The new service integrates with RMS’s cloud-based property management system or can act […]


Finance and Development, Financial

Investment Giants Lobby to Avoid Antitrust Scrutiny

April 8, 2021

Via: WSJ

Asset managers are fighting a proposal from U.S. antitrust authorities to tighten scrutiny over how these firms influence the way businesses operate and, in turn, the prices of everything from airline tickets to food. In March, the asset-management industry pushed […]