In this collection of comments from hotel company fourth-quarter and full-year 2022 earnings calls, executives shared their optimism over the recovery of group business, pointing to the volume of business already on the books for 2023. Source: hotelnewsresource.com … [Read more...]
IHG Hotels & Resorts Adds Nine New Hotels in the UK & Ireland
The properties span five of IHG’s brands across its four collections: Luxury & Lifestyle Collection brand, Hotel Indigo; Premium Collection brand, voco hotels; Essentials Collection brands Holiday Inn and Holiday Inn Express; and Staybridge Suites, in its Suites Collection. Source: hotelnewsresource.com … [Read more...]
Hotel Indigo Palau to Open in Micronesia Late 2024
Hotel Indigo Palau will have an outstanding location on Malakal Island, fronting onto a coral reef with amazing views and immediate access to world-class diving and marine life. Source: hotelnewsresource.com … [Read more...]
Global Hotel Construction Pipeline Has Remained Relatively Flat for Three Consecutive Years
However, three of the seven world regions tracked by LE, the United States, Canada, and Asia Pacific, continue to have pipelines trending upward, YOY. The remaining regions stayed largely unchanged by project counts YOY. Source: hotelnewsresource.com … [Read more...]
79% of U.S. Hotels Report Staffing Shortages
Hotels on hiring spree with better wages, benefits, flexibility Source: hotelnewsresource.com … [Read more...]
Web Exclusive: Eliminate smoking incidents with detection devices
While it wasn’t always the case, most hotels these days have no-smoking policies throughout the property and strict penalties for those who don’t adhere to them. The Hyatt Place Miami Airport East was one of those hotels that had smoking issues with guests lighting up in guestrooms despite the no-smoking rules of the hotel. When guests started to complain about it, hotel management had … [Read more...]
Why Hilton's 10 Minute TikTok Went Viral – Performance Marketing World
10 minutes on TikTok is like three years in the real world. What made this trend-bucking ad hit marketing gold? Source: hotelnewsresource.com … [Read more...]
Why Airbnb Fails to Disrupt the Hotel Industry – New Trader U
in recent years the emergence of Airbnb has disrupted the hospitality industry, and many people have wondered if Airbnb is poised to replace traditional hotels. But, despite its growing popularity, Airbnb has not been able to replace hotels for several reasons. Source: hotelnewsresource.com … [Read more...]
Hilton Partners With Fresh On Table to Double Its Commitment to Local Sourcing From UAE Farms
Hilton (NYSE: HLT) announced its renewed partnership with UAE-based agri-tech platform, Fresh On Table, at Gulfood 2023, with the aim of doubling the amount of local produce procured for the brand’s properties in the country. Source: hotelnewsresource.com … [Read more...]
Tempo by Hilton Nashville Downtown tops out
HRI Hospitality, based in New Orleans, has topped out its new hotel project, Tempo by Hilton Nashville Downtown. The 16-story, 306-room hotel is scheduled to open in spring 2024 adjacent to Nashville Yards downtown. An official topping out ceremony was held late last week at the construction site of the new hotel. “This topping out represents a significant milestone for the construction of this … [Read more...]
Columbia Pacific provides $92M for WA mixed-use project construction
Columbia Pacific Advisors Bridge Lending has closed on a $92-million loan to facilitate the construction of the retail/commercial phase of Harvest, a mixed-use project in the Hollywood District of Woodinville, WA, which will include The Somm Hotel and Spa, a Marriott Autograph Collection hotel. Upon its end of 2024 completion, Harvest’s mixed-use offering will include the 4-star boutique hotel … [Read more...]
Playa Hotels & Resorts N.V. Reports Fourth Quarter and Full Year 2022 Results
Year End Net Income was $56.7 million compared to a Net Loss of $89.7 million in 2021 Source: hotelnewsresource.com … [Read more...]
Global Economic Slowdown Looms in 2023 Due to High Inflation and Borrowing Costs According to GlobalData
The global economy is facing significant challenges due to slowing but elevated inflation, high borrowing costs, and lower external demand. These factors are expected to have a profound impact on private consumption expenditure, investments, and economic activities. Source: hotelnewsresource.com … [Read more...]
Marriott restructures executive team
Marriott International Inc. has made a number of changes in its executive ranks. “The size and scale of our company is significant, and we expect it to be even more so given the exciting opportunities ahead of us,” said Anthony Capuano, president/CEO, Marriott International. “With the recent announcement of two executive departures, I am reshaping my team to ensure we can be … [Read more...]
Marriott makes changes to executive team
Marriott International Inc. has made a number of changes in its executive ranks. “The size and scale of our company is significant, and we expect it to be even more so given the exciting opportunities ahead of us,” said Anthony Capuano, president/CEO, Marriott International. “With the recent announcement of two executive departures, I am reshaping my team to ensure we can be … [Read more...]
Crestline adds two hotels
Crestline Hotels & Resorts LLC has added two hotels to its managed portfolio—the 84-room Fairfield Inn & Suites Fairmont, WV, and the 105-room Hampton Inn & Suites Legacy Park-Frisco, TX. “The Fairfield Inn & Suites Fairmont, WV, is our first hotel in that state and extends our portfolio throughout 30 states, while the addition of the Hampton Inn & Suites Legacy Park-Frisco … [Read more...]
Tauck Boosts 2023 Small Group Land Departures by 35 Percent
Tauck is upping the ante on its small group land trips by boosting their numbers by 35 percent this year.In all, Tauck will offer 75 departures in North America, South America, Europe, Africa, Asia, the Middle East, Australia and New Zealand.ADVERTISINGThe lion’s share of departures will feature an average of 24 guests, with number as low as 18 guests on African safaris. To promote … [Read more...]
G Adventures Relaunches Peru Trips
Community-centric tourism company G Adventures is returning to Peru beginning March 1, 2023 following a pause due to political instability in the country.It is now returning to support local travel-reliant communities.ADVERTISING Trending Now “The last few months have been very challenging … [Read more...]
KSL to invest in newly-acquired California boutique hotel portfolio
KSL intends to invest across the collection, providing guests a greater suite of amenities and more ways to engage with the local communities. Fine five The quintet is located midway between Los Angeles and San Francisco and comprises Avila Lighthouse Suites in Avila Beach; Pismo Lighthouse Suites and Shore Cliff Hotel in Pismo Beach; and Paso Robles Inn and The Piccolo in Paso Robles. The … [Read more...]
P&O Ferries spends €260m on hybrid ships that can’t be charged at key ports
P&O Ferries has splashed out more than €260 million on hybrid ships that can’t be charged at their French or UK ports.The two new superferries are supposed to be “the most sustainable ships ever to sail on the English Channel,” according to bosses.But Dover and Calais electricity grids don't have capacity for the partially-electric boats, so they will run on diesel when they are delivered … [Read more...]