In collaboration with leading media platform Jing Daily, Marriott International unveils an in-depth report shedding light on the evolving landscape of luxury travel in China. Titled “Luxury Explored: Chinese Luxury Travelers’ Evolving Desires,” the report delves deep into the transformative trends and shifting preferences shaping the Chinese luxury travel … [Read more...]
The Travel Sector in 2024 is Breaking Boundaries According Mastercard Research
Through March 2024, consumer spending on travel is robust with significant increases in passenger traffic, according to the latest global report from the Mastercard Economics Institute. Source: hotelnewsresource.com … [Read more...]
Holiday and International Travel to Drive U.S. RevPAR Growth in the Second Half of 2024, According to CBRE
CBRE's latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the 3.0% estimated in February 2024. RevPAR is now expected to grow by 3% for the remainder of the year, driven by international tourists, holiday travel and limited supply growth. Source: hotelnewsresource.com … [Read more...]
Born Outside Italy Unveils Plans for Sneaker Island: Where Fashion Sets Foot In Dubai Real Estate
Born Outside Italy has unveiled plans to redefine luxury living in Dubai with a conceptual development provisionally called Sneaker Island. Source: breakingtravelnews.com … [Read more...]
A Jungle to Sea Expedition 2024
Embark on an awe-inspiring journey through Indonesia’s uncharted territories with Capella Ubud, Bali, and Kudanil Explorer. Join the renowned researcher Dr Lawrence Blair on an unforgettable Jungle-to-Sea Expedition in September and December 2024 and discover Indonesia’s unseen beauty. The first expedition will take place from 20 to 28 September 2024 and cover … [Read more...]
MANDARIN ORIENTAL TO OPEN AN URBAN OASIS IN THE HEART OF ROME
Mandarin Oriental Hotel Group is delighted to announce the development of an exceptional luxury property in the centre of Rome, scheduled to open in 2026. This urban oasis will bring the Group’s Italian portfolio to five; complementing its existing properties in Milan and Lake Como, as well as the recent announcements of Cortina and Porto Cervo. Partner in … [Read more...]
Experience Luxury and Wellness While Reconnecting Mind and Soul at Four Seasons Resorts in Thailand
In this hyper-connected world, Four Seasons Resorts Thailand offers a serene escape, inviting guests - whether travelling solo, as a couple, or with family - to disconnect from digital distractions and reconnect with nature. Renowned for its “sabai sabai” lifestyle, warm hospitality, and tropical climate, Thailand offers an ideal setting for a holistic dose of … [Read more...]
Demand for sustainable travel is booming: Will Eurostar add new routes?
Eurostar's chief executive also said that she expects St Pancras and Paris Gare du Nord will be redesigned over the next five years to make more space for passengers. Eurostar is considering adding more routes from London as it looks to buy 50 new trains. “There is huge demand for our services and we have big European ambitions," chief executive Gwendoline Cazenave told the Financial Times on … [Read more...]
Rentyl Resorts, Davidson partner to manage first Embassy Suites condo/resort
Rentyl Resorts and Davidson Hospitality Group have partnered on a first-of-its-kind condominium project with Embassy Suites. Embassy Suites by Hilton Orlando Sunset Walk is a five-building condominium project being developed by Sunset Walk Residences LLC. Rentyl and Davidson are responsible for the onsite management, sales, marketing, revenue and call center management of the units. The project … [Read more...]
DiamondRock promotes Stephen Spierto to chief accounting officer
DiamondRock Hospitality Company, a lodging-focused real estate investment trust that owns a portfolio of 36 hotels and resorts in the U.S., has promoted Stephen Spierto to chief accounting officer. Spierto joined the company in November 2023 and previously served as VP, corporate controller from November 2023 until his promotion. In that role, he was responsible for overseeing corporate … [Read more...]
Wyndham appoints Amit Sripathi chief development officer
Wyndham Hotels & Resorts has appointed Amit Sripathi as chief development officer, replacing Chip Ohlsson, who will depart the company in June. “Amit’s deep experience in mergers & acquisitions and capital markets focused on the real estate and hospitality sectors at Deutsche Bank and RLJ Lodging are instrumental as we increase our focus on growing our midscale-and-above portfolio while … [Read more...]
The Last Hotel STL Names Maverick Hotels and Restaurants Manager
CHICAGO, Illinois—Maverick Hotels and Restaurants announced that it is now managing The Last Hotel STL in Saint Louis, Missouri. Maverick founder and CEO Robert Habeeb made the announcement. The Last Hotel STL has an architectural history and shows the preservation, restoration, and reinvention of the International Shoe Company. Originally opened in 1909, the building has stone carvings, … [Read more...]
CBRE forecasts RevPAR growth to improve in H2
CBRE expects RevPAR growth to improve in the second half of the year, following a weaker-than-expected first quarter. The company’s latest forecast projects a 2% increase in RevPAR growth for 2024, down from the 3% estimated in February. RevPAR is now expected to grow by 3% for the remainder of the year, driven by international tourists, holiday travel and limited supply growth. CBRE … [Read more...]
Minor targets growth in India
Thailand’s Minor Hotels is the latest hotel company to make a public commitment to grow its presence in the booming Indian hotel marketplace. The company has set out plans to add 50 hotels in the country over the next decade, doubling its presence in India. With a strong portfolio of brands across a variety of industry segments, Minor plans to deploy its upper upscale and luxury brands, including … [Read more...]
Hot Off The Press – May 2024
Hotel Business’ May issue is out and Christina Trauthwein, VP, content & partnerships, shares some of the features you’ll find within it. The cover story is about artificial intelligence (AI) and its impact on the hospitality industry. There’s also an article on a new boutique brand in Savannah, GA; an interview with Hospitality America’s Ben Campbell; and the annual … [Read more...]
Pyramid Global Hospitality diversifies into workplace management
US: Management company Pyramid Global Hospitality has launched its Hospitality@WORK brand dedicated to managing office communities. Hospitality@WORK will offer a range of management services, including in-office concierge, cultural programming, leadership training, property management, tech support, F&B services and more. Currently, the brand is being rolled out nationally across the … [Read more...]
10 hoteliers award Master Innholder status
UK: The Master Innholders, an organisation for promoting best practice in the industry, has awarded 10 hoteliers member status. The 10 new Master Innholders include: • Adam Dyke, group operations director, Luxury Family Hotels • Timothy Griffin, co-founder LEVEN Hotels and Wellbrook Hospitality • Mark Gregory-White, general manager, Millennium & Copthorne Hotels at Chelsea … [Read more...]
IHG unveils first Vignette Collection hotel in Kuwait
Reflecting the collection it’s a part of, the May-opened property gives a glimpse into the rich heritage of Kuwait through locally inspired design. Brand growth The 195-key Arabella Beach Hotel, Vignette Collection, owned by Aqarat and managed by United Hospitality Management, now welcomes travellers to the Arabian Gulf shoreline with a guest experience that captures the allure of the region. This … [Read more...]
Moxy St. Petersburg To Open This Summer
Moxy St. Pete — Photo by Marriott Moxy St. Pete — Photo by Marriott Moxy St. Pete — Photo by Marriott PTM Partners and DoveHill Capital Management are proud to announce that Moxy St. Pete will open this summer, under management from the Wurzak Hotel Group. Located on Central Avenue, one of the most vibrant streets in Florida, the hotel will open as the new social hub of St. Pete. The newly … [Read more...]
Placemakr Opens its 17th Property in the Washington DC Metro Area
Placemakr Navy Yard — Photo by Placemakr Placemakr, a tech-enabled hospitality and multifamily operator, today announced the launch of its newest flex living property in Washington DC, 81-unit Placemakr Navy Yard. Located just a short walk away from hot-spot neighborhoods Barracks Row and Eastern Market, Placemakr Navy Yard makes good on the company's promise to reimagine where life happens by … [Read more...]