All five New York City boroughs were heavily affected by the COVID&19 pandemic. The strength of Brooklyn as a commercial center is partly attributed to the downtown core, distinct neighborhoods, public green spaces, and ease of access to/from Manhattan. These factors, combined with the availability of developable land, have continued to boost the Brooklyn market, especially in the … [Read more...]

With inflation decelerating, fears of a recession receding, and supply growth muted, the overall outlook for U.S. hotel metrics in 2024 is one of modest, steady growth. The investment market is also showing increased signs of life, as inflationary concerns are diminishing and interest rates are improving modestly. Source: hotelnewsresource.com … [Read more...]

The new hotel aims to redefine hospitality in Honolulu as it provides a sophisticated option for essentialists. This is notably the first business-traveller-driven property in the area. A new urban retreat The real estate investment and development company Continental Assets Management, together with Highgate, has announced the opening of AC Hotel by Marriott Honolulu. This property is … [Read more...]

Collaboration includes opportunity to affiliate over 100 full service Delonix hotels with Marriott's Tribute Portfolio Source: hotelnewsresource.com … [Read more...]

VICI Properties Inc. (NYSE: VICI) announced today that the Company has entered into a construction loan agreement for up to $105 million in financing to affiliates of Homefield Kansas City to fund the development of a Margaritaville Resort in Kansas City, Kansas. Source: hotelnewsresource.com … [Read more...]

In his most recent role before joining Minor Hotels, Krishnan&Vazhvelil served as Vice President Operations at Royal Orchid & Regenta Hotels & Resorts, managing multiple properties across India for one of the nation's fastest&growing hospitality brands. Source: hotelnewsresource.com … [Read more...]

The property will feature 334 rooms and include offerings such as a 2.5&acre elevated water park overlooking the beach, four restaurants, a ballroom, direct beach access, and more. Source: hotelnewsresource.com … [Read more...]

In this new and expanded role, Sheldon will be responsible for oversight of brand management, consumer marketing, brand partnerships, and sponsorship revenue generation. Source: hotelnewsresource.com … [Read more...]

Turnberry today announced that it will develop and operate The St. Regis Nashville and The Residences at The St. Regis Nashville. Located at 805 Demonbreun Street in Nashville, the new luxury offering is being designed by architect Morris Adjmi. Source: hotelnewsresource.com … [Read more...]

Nominees Selected to Rubber&Stamp Choice's Underwhelming and Risk&Laden Offer & Board Remains Open to an Offer That is in Best Interests of Wyndham and its Shareholders Source: hotelnewsresource.com … [Read more...]

Properties are relying on the comprehensive guest engagement and operational communication hub to provide enhanced insights into guest needs, improve staff reaction times, and elevate review scores across the board Source: hotelnewsresource.com … [Read more...]

Q4 2023 Report Reveals Record&High Project and Room Counts Source: hotelnewsresource.com … [Read more...]

STR and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 just released at the Americas Lodging Investment Summit (ALIS). Source: hotelnewsresource.com … [Read more...]

Powered by AI and hospitality-specific algorithms, this innovative tool makes it possible to optimize retargeting campaigns, effectively bringing high-value users back to the hotel’s website.1.23.2024 The Hotels Network (THN), a direct growth platform for hotels, has launched Predictive Audiences to boost Return On Advertising Spend (ROAS) for hoteliers. Powered by AI and hospitality-specific … [Read more...]

Properties are relying on the comprehensive guest engagement and operational communication hub to provide enhanced insights into guest needs, improve staff reaction times, and elevate review scores across the board.1.23.2024 Maestro PMS, the leader in cloud hosted, All In One, private cloud and on-premise property-management systems for independent hotels and luxury resorts, conference centers, … [Read more...]

Namron Hospitality, a locally-rooted collection of Mexican hotels and restaurants in Tulum, Mexico City, and San Miguel de Allende, has unveiled the expansion of its flagship property - La Valise Mexico City - open as of January 2024. In the vibrant La Roma neighbourhood in the heart of Mexico City, the extraordinary property, formerly recognised as the world's smallest boutique hotel with … [Read more...]

Beginning this summer, visitors to Mount Fuji will have to pay to hike one of the routes up the iconic mountain. Japan will introduce new visitor restrictions at one of its major attractions this year in a bid to protect the site from overtourism.Mount Fuji has seen a boom in visitor numbers bringing with it concerns over discarded rubbish and hiker safety.To help clean up the mountain and … [Read more...]

While the uncharacteristic rain L.A. rain put a damper on the usually boisterous outdoor meeting area, the first day of the 2024 edition of the Americas Lodging Investment Summit (ALIS), held at the JW Marriott/Ritz-Carlton Los Angeles L.A. Live, featured several insights and a mostly cautiously optimistic crowd. During the “State of the Industry” session, moderated by Geoff Freeman, … [Read more...]

The St. Regis Nashville — Photo by Marriott International Turnberry, one of the premiere real estate developers in the U.S. and a leading owner and operator of luxury destinations, today announced that it will develop and operate The St. Regis Nashville and The Residences at The St. Regis Nashville. Located at 805 Demonbreun Street in Nashville, the new luxury offering is being designed by … [Read more...]

Cushman & Wakefield has arranged the $11.75 million sale of Four Points by Sheraton Greensboro Airport, a 112-room hotel located in Greensboro, NC. Rick Redmond, David Greenberg, Gabriel Shamay and Chris Passeggiata of Cushman & Wakefield represented the seller, Jai Amba Maa (JAM) Hospitality GSO Airport LLC, in the transaction. The hotel was acquired by Banks Rock LLC. “Our team fielded … [Read more...]