October 20, 2021
Via: Hospitality NetValor Hospitality Partners, a global, full-service hotel acquisition, development, management and asset management company, announced today the addition of the Middle Eastern property, IntercityHotel Dubai Jaddaf Waterfront to their portfolio. The introduction of this hotel to Valor Hospitality’s global portfolio […]
October 19, 2021
Via: Hospitality NetMoxy Manchester City, a Marriott concept, from KE Hotels, will bring more style and socialising to Manchester’s Spinningfields as it opens a brand new 146-modern bedroom hotel, with a cool living room lobby and hip bar this November. A boutique […]
October 19, 2021
Via: Hotel News ResourceAscott Partners with Sun Group to Manage Vietnam’s Most Extensive Service Residence Integrated Development Singapore-based CapitaLand Investment’s owned lodging business unit, The Ascott Limited (“Ascott”), has partnered with Vietnam-based real estate developer, Sun Group, to manage serviced residences within Tay […]
October 18, 2021
Via: Hospitality NetHSMAI convened commercial executives from 11 brands, 20 management companies, and 10 ownership groups to discuss evolving trends in revenue generation, commercial strategy, and consumer behavior as well as the opportunities to envision a different future to optimize profitability at […]
October 14, 2021
Via: Hospitality NetCarmel Mission Inn, a stylish boutique hotel located in the idyllic seaside community of Carmel, just minutes from Carmel Village and the city of Monterey has completed a multi-million-dollar, full-scale renovation. A refresh of the charming, coastal property included a […]
October 14, 2021
Via: Hotel News ResourceExcerpt from Destination Analysts Americans’ travel marketability continues to gradually recover from the Delta-variant damage but travelers are feeling more financial stress lately and some uncertainty about vaccine protection. Meanwhile, the reopening of the U.S. border to vaccinated international visitors […]
October 13, 2021
Via: Hospitality NetSimon and Concord Hospitality Enterprises, in collaboration with Marriott International are pleased to announce the debut of AC Hotel Miami Dadeland on October 13, 2001 at Dadeland Mall, Miami’s renowned shopping destination. Managed by Concord Hospitality, the 170-room property will […]
October 8, 2021
Via: Hospitality NetU.S. airport security screenings were up, but hotel demand was down in the latest weekly data, particularly in the country’s largest markets and among hotels that typically rely on significant group and corporate business. The decline in U.S. hotel performance […]
Finance and Development, Markets
October 7, 2021
Via: Hospitality NetU.S. hotel performance dipped from the previous week, according to STR‘s latest data through 2 October. 26 September through 2 October 2021 (percentage change from comparable week in 2019*): Occupancy: 61.7% (-9.2%) Average daily rate (ADR): US$130.87 (+1.2%) Revenue per […]
Finance and Development, Trends
October 7, 2021
Via: Hospitality NetWith the holiday season fast approaching, travelers are making choices we haven’t seen before. But that’s no cause for despair. While new COVID-19 variants inevitably affect consumer priorities, understanding how today’s travelers navigate the new normal can help you position […]
October 5, 2021
Via: Hospitality NetHyatt Hotels Corporation (NYSE: H) today announced the opening of Taoxichuan Hotel, a truly one-of-a-kind addition to The Unbound Collection by Hyatt brand. The 196-room hotel has been developed as part of the landmark Taoxichuan cultural and creative quarter in […]
October 4, 2021
Via: Hospitality NetGurugram, India based hospitality firm, Morpho Hotels and Resorts India Pvt. Ltd. in partnership with Upjeet Singh Sahota have founded Morpho Hotels and Resorts USA LLC based in New York. With the acquisition of the Rodeway Inn, a Choice Hotel […]
Finance and Development, Trends
September 30, 2021
Via: Hotel News ResourceMeaningful Connections, A Comfortable Bed & Even Alone Time Business travelers miss traveling for business, according to a recent survey commissioned by Hilton and Morning Brew of more than 7,000 of the news site’s business-savvy readers. While some have returned […]
September 29, 2021
Via: Hospitality NetCressy Commercial Real Estate along with partner Mno-Bmadsen, the non-gaming investment arm of the Pokagon Band of Potawatomi Indians, announced today that the historic Hotel Elkhart located in Elkhart, Indiana will celebrate its grand opening on September 28, 2021. After […]
September 29, 2021
Via: Hotel News ResourceToday Cendyn, the leading innovator in CRM, sales, and revenue strategy for the hospitality industry, unveils its next-generation loyalty solution at HITEC, the world’s largest and oldest hospitality technology event. eLoyalty, Cendyn’s full-service loyalty application, built uniquely for hotels, supports […]
Finance and Development, Markets
September 27, 2021
Via: Hospitality NetDuring the pandemic, hardly any foreign direct investment has entered the Middle East, and the usual truism remains: When foreign private equity does appear, it is because the market has bottomed out or distress has entered the landscape. Heightened competition […]
September 27, 2021
Via: Hospitality NetPreferred Hotels & Resorts – the world’s largest independent hotel brand – is thrilled to announce the 19 new members that joined its global portfolio from June 1 through August 31, 2021. Ranging from a highly anticipated new resort opening […]
September 24, 2021
Via: Hospitality NetThe COMO Group unveils a new luxury boutique hotel in the heart of Burgundy, one of the world’s most prestigious wine regions. COMO Le Montrachet will open in phases, with phase one scheduled to be completed in 2022, evolving the […]
September 23, 2021
Via: Hospitality NetThe World Travel & Tourism Council (WTTC) announces the launch of a Net Zero Roadmap for the Travel & Tourism sector to support the industry in combatting climate change during its virtual climate week event. It also announced the launch […]
September 22, 2021
Via: Hotel News ResourceWhen Airbnb first got started in 2007, we were told that people would never open their doors to strangers. Today, we’re announcing that we have passed 1 billion guest arrivals at Airbnb listings around the world and 500 million guest […]