The hotel features 315 guestrooms, five internationally&inspired dining destinations, a luxury Spa by JW, swimming pool, fitness center, and eight exceptional event spaces for gatherings and celebrations. An additional 51 spacious serviced apartments and a sky bar & lounge are slated to open later in the year.
Source: hotelnewsresource.com
STR Weekly Insights on Global Hotel Industry Performance: 14&20 April 2024
Global leisure demand beginning to bloom & U.S. RevPAR moderated after three unsteady weeks. Source: hotelnewsresource.com … [Read More...]
HVS Europe Hotel Transactions Bulletin Week Ending 19 April 2024
A summary of European hotel transactions provided by HVS Source: hotelnewsresource.com … [Read More...]
Earlier Ramadan and Eid&al&Fitr Celebrations Had Positive Impact on Dubai Hotel Performance
As expected, Dubai hotel occupancy dipped slightly at the beginning of Ramadan, with occupancy fluctuating between 60 & 74%, with the exception of the Easter weekend when Dubai saw occupancy levels climb as high as 78.9% on 29 March (the night before Easter Sunday). Source: hotelnewsresource.com … [Read More...]
Heathrow strikes: Hundreds of airport workers set to walk out in April and May
Many staff members at the UK’s busiest airport will strike over changes unions say are unfair - here’s when and why it’s happening. Heathrow Airport is set to face severe disruption as staff announce several walkouts.The London hub has confirmed there will be strikes at the end of April and for much of May.The Unite union has warned that planes will likely be "delayed, disrupted and … [Read More...]
Hyatt survey reveals neurodivergent traveler needs
One in every four individuals in the U.S. has a sensory need or an invisible disability according to KultureCity, including those with autism spectrum disorder, dyslexia and attention-deficit disorder. With more than 90% of neurodivergent individuals and caregivers of neurodivergent individuals in the U.S. planning to travel at least one night this year, a new survey led by Hyatt finds hotels can … [Read More...]
Bradley Burwell joins Colliers’ Hospitality Practice Group
Colliers has hired Bradley Burwell as an EVP to join the firm’s Hospitality Practice Group as part of the U.S. Capital Markets division. In his new role, Burwell will work alongside group leader Mark Owens. Burwell brings to Colliers more than $7 billion in transaction experience. During his career, Burwell has “cultivated deep investor relationships and has extensive knowledge of real … [Read More...]
Bruce Smith-Cordish JV to develop $1.4B mixed-use development in Virginia
Bruce Smith Enterprise and The Cordish Companies have been selected by the City of Petersburg, VA to codevelop a $1.4-billion Live! Gaming & Entertainment District, anchored by Live! Casino & Hotel Virginia. “The City of Petersburg is thrilled to have selected Bruce Smith Enterprise and The Cordish Companies as development partners after a thorough RFP process and extensive review by … [Read More...]
Accor reports Q1 revenue up 8%
Accor, for the first quarter ended March 31, reported revenue of 1.236 billion euros ($1.324 billion), up 8% on a like-for-like (LFL) basis compared with the first quarter 2023. RevPAR for the Premium, Midscale & Economy division increased by 8%, while the Luxury & Lifestyle division reported a 7% increase in RevPAR. “In this first quarter, marked by the group’s return in CAC … [Read More...]
AAHOA rebrands, repositions event series
The Asian American Hotel Owners Association (AAHOA) has rebranded and repositioned of its event series, Regional Conferences & Trade Shows, to Hotel Owners Conferences & Trade Shows. The redefined event series will focus on connecting America’s hotel owners with the products and services they need to run their businesses, encourage more networking and idea-sharing, and create opportunities … [Read More...]
Marriott builds Polish profile
Marriott International has revealed plans to grow its market presence in Poland, having built up a pipeline of more than 10 hotels to launch in the next few years. The additions will grow the group’s current presence of 24 operating hotels in the east European market. Currently, it has 12 brands represented, in eight city markets across the country; included in its development pipeline will be the … [Read More...]