New integration helps hospitality businesses connect point&of&sale transactions and financials to drive operational efficiency, improve business visibility, and enhance the guest experience
Source: hotelnewsresource.com
Post-apocalyptic holiday resort overlooking the Adriatic Sea to be restored to its former glory
Could this bombed-out holiday resort overlooking the Adriatic Sea be restored to its former glory? Once a must-visit holiday resort, now the leftovers of a warzone: in its 1960s heyday, Kupari in the former Yugoslavia was prized not just for the outstanding beauty of its beach, but its modernist architecture too. The holiday complex is only a 15-minute drive south of the … [Read More...]
No more ‘sun, sex and sangria’ tourism in Ibiza and Mallorca under new alcohol laws
Holidaymakers also face fines of up to €1,500 for drinking in the streets. Fed up with rowdy, drunk tourists, the local government of Spain’s Balearic Islands has brought in strict new alcohol bans.Holidaymakers at some of the most popular resorts in Mallorca and Ibiza are barred from buying alcohol in shops between 9.30pm and 8am.The measure is part of modifications made to a 2020 decree … [Read More...]
IRIS Expands Its Digital F&B and Hotel Guest Experience Platforms Market Presence in the Middle East
Now live in 10 states, IRIS has grown its client base by 33% since launching its mobile ordering and digital guest directory platform in the Middle East.5.13.2024 IRIS, the global leader in digital ordering for the hospitality industry, announced that it will be investing in its expansion in the Middle East. The announcement follows significant growth in its client base, as an increasing number … [Read More...]
RMS Cloud names David Murray CEO
RMS Cloud, a global provider of property management software, has appointed David Murray as CEO, effective in June. Joining RMS Cloud after a tenure as CEO of Buildxact, a global software-as-a-service company, Murray also previously held key roles at companies such as IBM and Amdocs. “Joining RMS Cloud is both an honor and an exciting new challenge,” said Murray. “For more than … [Read More...]
Booking.com uncovers summer family travel trends
Digital travel platform Booking.com reports that searches for accommodations by families for the summer travel season are already seeing an 8% increase as compared to last year, while flight searches globally are seeing an increase of 21%. These figures underscore a strong interest in travel this summer, as families look to make the most of the warmer months ahead. Families are eyeing beaches, … [Read More...]
Hyatt Updates Expected Growth in Latin America Through 2027
CHICAGO, Illinois—Hyatt Hotels Corporation updated the company’s expected growth trajectory in Latin America and the Caribbean. Through 2027, Hyatt will expand its brand presence in new destinations throughout the region, meeting travelers in more places. “Hyatt’s brand growth in Latin America and the Caribbean is fueled by robust travel across all customer segments and our effective execution … [Read More...]
Everhome Suites opens third property
Choice Hotels International Inc. has opened Everhome Suites Nampa Boise in Nampa, ID, marking the midscale extended-stay brand’s third opening, with more than 10 open hotels forecasted within the next year. The property features the brand’s Closer to Home design package, incorporating local community touches into signature spaces. “With more than 60 Everhome Suites in various … [Read More...]
JLL arranges $735M refi for Disney Swan & Dolphin Resort
JLL’s Hotels & Hospitality group arranged a new $735 million, five-year, floating-rate SASB CMBS term loan to refinance The Walt Disney World Swan, Walt Disney World Dolphin and Walt Disney World Swan Reserve, a 2,619-key resort located adjacent to the theme parks within Walt Disney World in Lake Buena Vista, FL. JLL represented a joint venture between Tishman Hotel & Realty and MetLife … [Read More...]
Driftwood Capital secures $30M for Sheraton Dallas refi
Driftwood Capital has, through its lending fund Driftwood Lending Partners LP (DLP), provided $30 million in mezzanine financing for the refinancing of the Sheraton Dallas Hotel, a 1,841-key hotel and convention center serving as the largest hotel in Texas and which is sponsored by Chartres Lodging Group. The mezzanine financing will accompany a $270-million senior loan originated by Goldman Sachs … [Read More...]
Which European cities are trying to cut back the number of cruise ship visits?
Destinations struggling with overtourism are putting a stop to ships that bring toxic emissions and millions of passengers. Every year, more than 20 million passengers take a cruise. Before the pandemic, that number was even higher sitting at around 30 million.As passenger numbers look to breach this pre-pandemic number once again, many European ports where these ships drop anchor are … [Read More...]