The company is also launching a new version of its Edge browser today, with these new AI features built into the sidebar. Source: hotelnewsresource.com … [Read more...]
End of an era for passport stamps? New EU entry system will register travellers digitally
Passport stamps are badges of honour for many travellers, forming a paper trail of their adventures.But they could soon be a thing of the past when entering the Schengen Area.The new automated Entry/Exit System (EES), due to launch in November 2023, will register non-EU visitors digitally, removing the need for physical stamps.“EES will replace the current system of manual stamping of passports, … [Read more...]
Meet the Visionary Founder Changing the Game for Hotel Sales Teams – By Ivana Johnston
CEO of Parclane Daniel Melnyk is transforming the industry with next-level automation, insights, and industry expertise to turbocharge S&C systems and maximize revenue Source: hotelnewsresource.com … [Read more...]
Nassau Paradise Island Poised for a Record Tourism Year
The Nassau Paradise Island Promotion Board (NPIPB) today announced that it has achieved complete recovery from the impacts of the pandemic.Year-end reporting revealed that the perennially popular Bahamian destination's tourism sector finished out 2022 even better than 2019, its best performance year on record. The NPIPB also felt confident that is on course for a banner year in … [Read more...]
Latin America Hotel Performance Was Mostly Recovered in 2022
Performance recovery was substantial for most of Latin America’s hotel industry in 2022, with Mexico, Central America and South America easily surpassing their pre-pandemic comparables in revenue per available room (RevPAR). While all three experienced substantial growth in room rates, Central America came closest to 2019 level in occupancy. Source: hotelnewsresource.com … [Read more...]
U.S. Hotel Average Daily Rate for the Week of February 4th at $145.35 – 13.9% Above 2019
U.S. hotel performance fell slightly from the previous week, according to STR‘s latest data through 4 February. Source: hotelnewsresource.com … [Read more...]
Hilton Reports Fourth Quarter 2022 and Full Year Results
For the three months and year ended December 31, 2022, system-wide comparable RevPAR increased 24.8 percent and 42.5 percent, respectively, compared to the same periods in 2021, due to increases in both occupancy and ADR. Source: hotelnewsresource.com … [Read more...]
Rosewood Hotels & Resorts Announces Rosewood Residences Turtle Creek in Dallas, Texas
The new 17-story tower will comprise approximately 46 residences. Developed by One Turtle Creek to reflect the best of this dynamic city, the property is scheduled for completion in early 2025, with sales to commence in 2023. Source: hotelnewsresource.com … [Read more...]
STR: ’22 U.S. hotel revenues, profits and labor costs reached record-highs
Total U.S. hotel revenues, profits and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis. 2022 estimated totals Revenue: $239.7 billion GOP: $101.3 billion EBITDA: $74.8 billion Labor: $70.9 billion 2022 … [Read more...]
Sandals Resorts’ Trend Report Takes America’s Romantic Pulse
The Caribbean’s leading couples’ vacation company, Sandals Resorts, has released the results of the latest poll, taking the romantic pulse of American travelers in time for the imminent arrival of Valentine’s Day.The recent survey of adult U.S. consumers was conducted by the ‘Sandals Institute of Romance’, the resort company’s trend-spotting division, in partnership with Wakefield Research, with … [Read more...]
Hilton Q4, full-year ’22 results exceed expectations
Hilton Worldwide Holdings Inc. reported net income of $333 million for the fourth quarter of 2022, ended Dec. 31, and $1.26 billion for full-year 2022. System-wide comparable RevPAR increased 7.5% and decreased 1.3%, for the fourth quarter and full year, respectively, compared to the same periods in 2019. “Our fourth-quarter and full-year results surpassed our expectations, with … [Read more...]
Virgin Hotels Collection names VP, development
Virgin Hotels Collection has appointed Tim Wyman VP, development. In this role, Wyman will identify new business, including management and investment opportunities, for the company. This comes on the heels of the recent formation of Virgin Hotels Collection, which brought together Virgin Hotels, Virgin Limited Edition and Virgin Residences into one parent company to accelerate the global footprint … [Read more...]
Pacifica Hotels adds Miller, Qaulkenbush
Pacifica Hotels, owner and operator of more than 30 brand and boutique hotels on the Pacific Coast, has named Rob Miller corporate director of finance and Alan Qaulkenbush regional director of revenue management. Miller has more than 20 years of hospitality experience with brands including Hilton, Marriott International, IHG and more. Most recently, he was the hotel manager/director of finance at … [Read more...]
LE: Upscale projects in China’s pipeline reach all-time high
In the recently released China Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that the country’s total hotel construction pipeline, at the close of the fourth quarter, stands at 3,581 projects/675,074 rooms. At the close of 2022, hotel development in China continued to move forward despite the country’s economic slowdown. This deceleration, due in part to … [Read more...]
IHG advances voco’s Americas charge
The emerging marque is said to be the fastest-growing within its premium portfolio. Further growth With 10 new openings last year, as at the end of Q3 2022, voco’s global total currently stands at 41 hotels. An additional 34 sites are in the pipeline, meaning the brand is continuing to extend its presence with more growth planned in 2023. voco hotels are also a key driver of IHG’s overall growth … [Read more...]
Sage Hospitality Group Adds The Pierside Hotel to Its Portfolio
DENVER—Sage Hospitality Group announced the recent addition of The Pierside Hotel (The Pierside) in Santa Monica, California, to the company’s portfolio of more than 110 hotels, restaurants, and entertainment venues in 14 states. The Pierside joins the Sage Independent Hotel Collection, bringing the number of fully independent, lifestyle hotels that Sage operates to 18. “The Pierside Hotel is … [Read more...]
Aimbridge EMEA bolsters Iberian development team
Two new hires are affirming the hotel management company’s plans for growth within the western European region. New duo Madrid-based Anxo López (pictured) has been named as development director for Iberia, bringing experience in development, hospitality and commerce to the role, having worked for the Spanish-based Eurostars Hotel Company, as well as the Spanish Embassy in El Salvador, where he … [Read more...]
Hilton Reports Strong Finish to 2022, Positive Outlook for 2023
Hilton Worldwide Holdings announced during an earnings call that the fourth-quarter and full-year results were positive and gave the company momentum heading into 2023.Hilton officials revealed that net income was $333 million for the fourth quarter and $1.25 billion for the full year, with adjusted EBITDA of $740 million for the fourth quarter and $2.59 billion for 2022. The totals exceeded the … [Read more...]
Kimpton Unveils ‘Stay Human’ Packages
Kimpton Hotels & Restaurants unveiled “Stay Human” packages, which are designed to enable guests to curate their stays based on their personal preferences – and with the help of on-property Stay Human Concierges.The packages provide guests with a range of one-of-a-kind experiences, including, among things, perfumery classes, sound bath healings, on-demand elixir shots and self-defense … [Read more...]
Rockbridge reveals opening of The Junto
US: Private investment firm Rockbridge has announced the opening of independent lifestyle hotel The Junto this May in Columbus, Ohio. The Junto will be operated by Makeready, a division within Rockbridge. The hotel will offer 198 rooms and suites along with five food and beverage outlets. Breakfast, coffee, and a grab-and-go service will be available at Maudine’s; cocktails will be served in … [Read more...]