The industry icons will be recognized for their influential roles in advancing hospitality technology in a special presentation on June 25, 2024. Source: hotelnewsresource.com … [Read more...]
Feeling the Pinch of the Latest Google Core Update? Here is How Hotels Should Respond & By Apollos Gause
The March 2024 Core Update is a significant shift in Google's search algorithms and policies. It's aimed at combating spam and low&quality content across the web. The rollout began at the start of the month, with websites given a two&month window to comply with the new site reputation&policy before potential penalties kick in. Source: hotelnewsresource.com … [Read more...]
$72.5 Million Non&Performing Luxury Hospitality Loan in San Francisco, CA for Sale
Jones Lang LaSalle has been retained on an exclusive basis by the Seller to arrange the sale of a $72.5 million non&performing luxury hospitality loan. The Loan is secured by the first&lien on the fee and leasehold deed of trust in a full&service luxury hotel located in the Financial District of downtown San Francisco, CA. Source: hotelnewsresource.com … [Read more...]
Regency Miami Airport & By Sonesta Hotel Listed for Sale
JLL's Hotels & Hospitality Group is acting as the sole and exclusive agent for the sale of the fee simple interest in the Regency Hotel Miami Airport by Sonesta. Source: hotelnewsresource.com … [Read more...]
IHG Hotels & Resorts Signs Three Hotels in Turks & Caicos; All to Open in 2027
IHG Hotels & Resorts (IHG today announced three signings in Turks & Caicos for InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants and Hotel Indigo. Source: hotelnewsresource.com … [Read more...]
IHG Hotels & Resorts Adds More Than 380 Rooms to Its Staybridge Suites Brand Across Europe
IHG Hotels & Resorts (IHG) announces its growth in the Europe with the signing of Staybridge Suites Budapest & Parkside, Hungary; Staybridge Suites Antwerp, Belgium; and Staybridge Suites Belfast, Northern Ireland. Source: hotelnewsresource.com … [Read more...]
Hyatt Centric to Debut 2025 in Puerto Rico with Hyatt Centric San Juan Isla Verde Hotel
The former Verdanza Hotel to join the Hyatt portfolio in 2025, marking the introduction of the Hyatt Centric brand in Puerto Rico Source: hotelnewsresource.com … [Read more...]
Total Hotel Revenues Fell for the First Time, Further Pressuring Profits & CBRE U.S. Hotels State of the Union May 2024 Edition
Total hotel revenues per available room fell 0.2% in February, the first decline since the post&pandemic recovery. Top line declines and a 0.8 percentage point contraction in margins resulted in a 4.8% decrease in GOP. Source: hotelnewsresource.com … [Read more...]
HVS Hotel Market Report & Paris Market Pulse 2024 & By Maxime Gauthier and Alexandra Dumoulin
Snapshot of the Paris hotel market in 2024 with an exploration of tourism demand, hotel performance, hotel supply, the investment market and the market outlook. Source: hotelnewsresource.com … [Read more...]
485 Room DoubleTree by Hilton Malta Hotel Opens
Located on St. Paul's Bay in the Mediterranean, the 485&room beachfront hotel offers elegant guest rooms, exclusive dining experiences, multiple swimming pools and premier business meeting spaces. Source: hotelnewsresource.com … [Read more...]
Mandarin Oriental Rome Hotel Announced for 2026
Mandarin Oriental, Rome will create a unique experience in the city, as the hotel will be housed in ten 19th¢ury villas, originally built as homes for prosperous Romans, surrounded by lush landscaped gardens. Source: hotelnewsresource.com … [Read more...]
Spark by Hilton Brand to Make European Debut in the UK
Hilton (NYSE: HLT) today announced the European debut of its premium economy brand Spark by Hilton, with the signing of Spark by Hilton London Romford. Source: hotelnewsresource.com … [Read more...]
Meliá Lloret De Mar Hotel Opens in the Heart of the Costa Brava
Formerly known as Gran Hotel Monterrey, the property, now under the ownership of investment fund Polus, has undergone a remarkable transformation into the distinguished Meliá Hotels & Resorts brand through a strategic partnership between Meliá Hotels International and Okami Hotels, the property's asset manager. Source: hotelnewsresource.com … [Read more...]
Navigating Non&Competes & By Jim Butler
In this article, Partner Michael H. Strub, Jr., analyzes the complexities surrounding non&compete agreements and the FTC's recent decision to ban them. With the enforceability of the FTC’s rule facing legal scrutiny, he discusses the likelihood of a cohesive federal approach and its implications for employers nationwide. Source: hotelnewsresource.com … [Read more...]
Guest Experiences: Importance of Emotional Engagement and Culture & By Dr Suzanne Godfrey
This article explains how positive guest experiences and cultural experiences go hand&in&hand in hospitality. Source: hotelnewsresource.com … [Read more...]
How the 2024 Republican and Democratic National Conventions Are Shaping Hotel and Short&Term Rental Prices in Milwaukee and Chicago
Just 90 miles apart, the Republican and Democratic National Conventions have vastly different impacts on these two Midwest cities. Source: hotelnewsresource.com … [Read more...]
Report Reveals 76% of American Travelers Can't Imagine Taking the Trips They Do Without Rewards Points or Loyalty Programs
Barclays Releases 2024 Travel Rewards and Loyalty Report Source: hotelnewsresource.com … [Read more...]
Americans Expect to Spend a Record&Breaking $221 Billion on Summer Vacations This Year
Allianz Partners USA's 16th Annual Vacation Confidence Index Projects Americans' Travel Spend to Reach All&Time High This Summer Source: hotelnewsresource.com … [Read more...]
STR Weekly Insights on Global Hotel Industry Performance: 5&11 May 2024
Global recovery waning, as expected & Strong U.S. weekly RevPAR growth via weekdays in upper tier hotels Source: hotelnewsresource.com … [Read more...]
Amit Sripathi Named Chief Development Officer for Wyndham Hotels & Resorts
After a successful career, which began at Wyndham's predecessor company, Hospitality Franchise Systems, Chip Ohlsson, Chief Development Officer, will be leaving the Company in June. Source: hotelnewsresource.com … [Read more...]