February 20, 2024
Via: Restaurant DiveIn the service industry, high turnover and low profit margins create fierce competition and significant challenges as an employer. On top of the administrative tasks that keep your organization running smoothly behind the scenes, you’re competing against a growing number […]
February 20, 2024
Via: Hospitality DesignWhen it opens in downtown Denver this spring, the 265-key Populus, designed by Chicago’s Studio Gang with interiors by Fowler + Fowler Architecture and Wildman Chalmers Design, will aim to be the country’s first carbon-positive hotel. Inspired by Colorado’s native […]
February 20, 2024
Via: Hotel News ResourceVizergy Digital Marketing, a global leader in driving direct online revenue through data insights, proven digital marketing programs, reservation solutions and Vizergy’s digital sales and marketing software platform, is pleased to announce the award, recognizing Valencia Hotel Collection and its […]
February 19, 2024
Via: Hotel News ResourceIn the ever-evolving landscape of online advertising, staying ahead of the curve is paramount for businesses looking to maximize their revenue while also adapting to changes in user privacy expectations. With Google’s recent announcement regarding updates to its Hotel Ads […]
February 19, 2024
Via: Hotel News ResourceHyatt Place Makassar, the first Hyatt Place hotel in Indonesia is officially open today. Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate […]
February 15, 2024
Via: Hospitality DesignCaesars Republic Scottsdale, the first non-gaming hotel from Caesars Entertainment, is set to open its doors next month. Situated on the north side of Scottsdale, Arizona’s Fashion Square Mall, the 260,000-square-foot property features 265 guestrooms, including 28 suites and five […]
February 15, 2024
Via: Hotel News ResourceWyndham Hotels & Resorts (NYSE: WH) today announced results for the three months and year ended December 31, 2023. Highlights include: System-wide rooms grew organically by 3.5% year-over-year, a record high. Opened a record 66,000 organic rooms, representing a year-over-year […]
February 14, 2024
Via: Hotel News ResourceThe opening of the IntercityHotel Bawshar in Muscat marks Deutsche Hospitality’s fourth IntercityHotel branded property in the Sultanate of Oman, and the sixth IntercityHotel branded property in the Middle East. The new hotel has 96 guest rooms and state-of-the-art amenities […]
February 14, 2024
Via: Hotel News ResourceSet against the backdrop of unobstructed views of downtown Houston’s skyline, the hotel captures the vibrancy of the city with a spa sanctuary, world-class dining, and spaces for weddings and events. Thompson Houston features 172 guestrooms, including 34 suites, with […]
Finance and Development, Trends
February 13, 2024
Via: Restaurant DiveCoffee and tea are hot across foodservice — and c-stores play an important part in that growth. Overall, customer traffic at gourmet coffee and tea outlets grew 12% in the fourth quarter, according to Circana, while traffic in the overall […]
Finance and Development, Markets
February 13, 2024
Via: Hospitality DesignA new report from the American Hotel & Lodging Association (AHLA) found that 72 percent of the 2,202 U.S. adults surveyed plan to maintain or increase their number of hotel stays in 2024 compared to 2023. The survey found that […]
February 13, 2024
Via: Hospitality DesignFour Seasons Hotels & Resorts is set to open its second hotel in Hangzhou, China this year. The forthcoming 214-key property will be housed in the Hangzhou Center Tower, situated a new mixed-use development project that spans 1.6 millions square […]
February 9, 2024
Via: Hospitality DesignThere’s a new way to experience the Eames collection, the home of the “father of Black history” will be restored, and the world’s largest cruise ship faces accusations of greenwashing. All that and more in this week’s Five on Friday. […]
February 9, 2024
Via: Hotel News ResourceAs India stepped into the ‘Amrit Kaal’ on the country’s 75th Republic Day and embarked upon the journey of realising the vision 2047 for a ‘New India’, the Hotel Association of India (HAI) has geared up to host the 6th […]
February 9, 2024
Via: Hotel News ResourceBest Western Hotels and Resorts announces the opening of Best Western SeaWorld San Antonio, located at 1605 W Loop, 1604 S, San Antonio, Texas. The hotel is owned by Aman Patel and features 70 guestrooms and 12 suites. Best Western […]
February 8, 2024
Via: Hotel News ResourceThe hospitality and tourism industry, with its evolving landscape, must strike a balance between embracing technology, fostering innovation, and creating unforgettable experiences for visitors. In this article, we will explore how the industry needs to shift its mindset, putting customer […]
Finance and Development, Real Estate
February 8, 2024
Via: Hotel News ResourceMCR has refinanced a 16-hotel portfolio for $333 million, generating $51 million of net proceeds. In less than three years, MCR doubled the portfolio’s net operating income, increasing it from $15 million at acquisition to $36 million. This represents a […]
Finance and Development, Markets
February 8, 2024
Via: Hotel News ResourceU.S. hotel performance decreased slightly from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through 3 February. 28 January through 3 February 2024 (percentage change from comparable week in 2023): Occupancy: 55.2% (-0.1%) Average daily […]
February 7, 2024
Via: Hotel News ResourceFor the first time, Accor joins the ‘A-list’ of global environmental non-profit CDP, as part of the leading companies regarding transparency, management of environment risks and demonstrating the rigor and ambition with which the climate issue is addressed in the […]
February 7, 2024
Via: Hotel News ResourceIHG Hotels & Resorts (IHG) yesterday announced that they have signed a memorandum of understanding (MoU) with Rakuten Group Inc.’s travel reservation service Rakuten Travel, a leading online travel agency in Japan, to collaborate on a seamless travel booking experience […]