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Marriott reports strong Q4, full-year 2022 results

14/02/2023

Marriott International Inc. reported worldwide RevPAR increased 28.8% in the 2022 fourth quarter, ended Dec. 31, compared to the 2021 fourth quarter. RevPAR in the U.S. & Canada increased 23.6% and 45.1% in international markets. For the year, the company added more than 65,000 rooms globally during 2022, including approximately 40,000 rooms in international markets and nearly 17,500 … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-2

A Look at the Sneaky Fees at Canada's Biggest Tourist Spot That Some Call 'a Total Cash Grab' – CBC

14/02/2023

hotels accommodation news

Marketplace tracks the growing charges at restaurants, hotels and attractions Source: hotelnewsresource.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-1

HEI adds Cindy Murphy

14/02/2023

Hospitality investment and management company HEI Hotels & Resorts has named Cindy Murphy regional VP, operations. “A hospitality expert with nearly 30 years of experience, Cindy is the ideal candidate to help HEI achieve its growth goals by providing invaluable support to our general managers in the field,” said Anthony Rutledge, managing partner/CEO, HEI Hotels & Resorts. “She has worked … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-2

Remington Goes ‘Green,’ Elevating Former Chesapeake Chieftain to President

14/02/2023

Chris Green, President, Remington Hotels When Remington Hotels acquired Chesapeake Hospitality in April, the company gained more than a portfolio of premium branded properties, many of which were in major Midwest markets. Just as importantly, the company also bolstered its leadership team with Chesapeake CEO Chris Green, who was recently tapped to take the reins of the Dallas-based … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-9

The Safest US Cities for 2023

14/02/2023

There are plenty of safe travel destinations across the United States to explore in 2023 but some places offer more security and peace of mind than others. With safety a top priority for many Americans when planning travel, let's dive into the numbers to find out which destinations fare the best. ADVERTISING Trending … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-7

Lenders remain active in the hotel sector

14/02/2023

Real estate investment banking firm RobertDouglas’s Ninth Annual Lender Survey, just released, found that despite rising interest rates, inflation and recessionary fears, lenders remain active in the hotel sector, with more than 90% planning to maintain or increase hospitality exposure. Location and quality of the asset continues to remain the most important “gating” issue for loan requests, with … [Read more...]

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Deep dive with Warren Fields, CEO, Pyramid Global Hospitality

14/02/2023

Warren Fields outlined how Pyramid Hotel Group and Benchmark Global Hospitality joining forces means that the united entity is progressing with a portfolio of 240 properties in the US, Caribbean and Europe. Best of both worlds Fields was a founding partner of Pyramid and was instrumental in the process of bringing Benchmark onboard. “For the most part, the really hard things from the merger are … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-5

Angkor Wat: Cambodian villagers face eviction as part of plan to protect famous heritage site

14/02/2023

Chan Vichet lives and works just 500 metres from the Angkor Wat temple in Cambodia. He has been here for seven years, drawing inspiration from the surroundings to create paintings he sells to tourists.But soon the artist and 10,000 other families will have to leave the UNESCO World Heritage Site."Since I heard about the relocation plan, I feel numb," said 48-year-old Chan."I'm struggling to … [Read more...]

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Ruby Hotels initiates Irish entry

14/02/2023

Ruby Molly will be built in the centre of the Irish capital with an opening scheduled for Q1 2024. Inviting spaces The newbuild will comprise 272 rooms and over 500 sq m for a bar, café, and lounge on the ground floor, which is open to both guests and the public. The expansive Ruby Bar and Lounge areas, which are easily visible from the street, have been deliberately designed to be inviting for … [Read more...]

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Dublin’s Morrison Hotel secures over €42m refinancing

14/02/2023

Ireland: Bank Leumi UK has agreed a €42.55 million deal to refinance the five-star Morrison Hotel, a Curio Collection by Hilton property in the centre of Dublin. The loan has been agreed with Centauro Investment XI SARL, an SPV owned by London-based private equity firm Zetland Capital. The terms of the deal have been agreed for five years. Zetland acquired the 145-room property in 2021. Located on … [Read more...]

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Philipburn Hotel up for sale at £1.3m

14/02/2023

UK: The four-star Philipburn Hotel, in the Scottish border town of Selkirk, has been brought to market at a guide price of £1.35 million. The Philipburn Hotel, part of the Best Western Group Signature Collection brand, is being jointly marketed by Graham + Sibbald and Smith & Clough. Offering 20 bedrooms with additional three apartments for private accommodation, amenities include a bar, … [Read more...]

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Marriott Exceeds Pre-Pandemic Growth in 2022

14/02/2023

Marriott International, Inc. has seen its economic outlook continue to improve over 2022, as seen in its latest fourth quarter and year-end report, signaling once again a slow yet steady rise above the pre-pandemic average.In comparison with the last quarter of 2021, RevPAR, or revenue per available room, grew 28.8 percent worldwide – international markets grew 45.1 percent, while the U.S. and … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-7

Easter travel chaos could hit Heathrow after Border Force strikes in February and March

14/02/2023

Strikes at UK airports and ports are set to impact travellers in February, March and April.Half-term holidaymakers could face disruption when returning home between 17-20 February as UK Border Force go on strike. A further walkout is planned for 15 March, which is set to involve around 100,000 civil service workers, including Border Force staff at airports. More than 2,000 flights … [Read more...]

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Turkish tourism provides bright spot for hotel developers

14/02/2023

According to statistics from Türkiye’s Ministry of Culture and Tourism, the country welcomed more than 51.4 million tourists in 2022, which is 99% of 2019’s pre-pandemic record figures of 51.8 million. Top tourism status Of these visitors, 44.6 million were foreign tourists, a rise of 80.3% from 2021. Within the international arrivals, Germans top the list in 2022 with nearly 5.7 million, Russians … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-5

Hong Kong is giving away 500,000 free airline tickets. Here's when they'll be available to Europeans

14/02/2023

Hong Kong is giving away 500,000 airline tickets in an effort to woo tourists back to the region.The tickets will be released in stages from March and will be available to Europeans from May onwards.The city has rolled back COVID travel restrictions in recent months including mandatory isolation on arrival. Travel to mainland China has recently been made seamless.Now it is hoping to bounce back … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-3

Atlantis, The Palm, WHITE Beach Brings The Heat This Winter

14/02/2023

hotels accommodation news

WHITE Beach elevates Dubai’s entertainment scene with an exclusive, one-night performance by South African DJ, Black Coffee and Sunkissed Beach Brunch returns every Sunday with exciting live entertainment, signature dishes, and bespoke cocktails Source: breakingtravelnews.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-6

Virgin Hotels New York City Opened Doors to Guests in February, Official Grand Opening Spring

14/02/2023

hotels accommodation news

Virgin Hotels New York City has opened its doors to guests beginning February 2023, with an official grand opening in spring 2023. Located at 1227 Broadway, and taking up the entire block between 29th Street and 30th Street, the newest addition to the Virgin Hotels collection sits at the heart of the booming NoMad neighborhood and delivers a vibrant yet … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-6

Kimpton Hotels & Restaurants Announces its Live Music Series, Kimpton Off the Record 2023

14/02/2023

hotels accommodation news

Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, announced the 2023 artist lineup for its annual Kimpton Off the Record series. Source: breakingtravelnews.com … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-6

BWH to double boutique brand portfolio

14/02/2023

The portfolio is due to double in 2023 alone, with an upcoming introduction of Aiden in India and the launch of the brand in Scandinavia. Projected growth The line currently boasts 19 hotels in key travel destinations around the world, such as Australia, France, Italy, South Korea and across the US in cities like Scottsdale, Arizona; Austin, Texas; and Berkley, California. The projected growth … [Read more...]

Filed Under: INDUSTRY NEWS Tagged With: Source-5

Forest Group introduces matt colour options for its motorised curtain track system

14/02/2023

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