Peter Martin and Thomas Wilken switch positions as General Managers in Germany and Austria. Moustafa Amin is newly appointed General Manager in Egypt. Source: hotelnewsresource.com … [Read more...]
Major Hotel Franchises Companies Move Forward with Construction Projects in Europe Despite Economic Slowdown
In the year-end 2022 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that at the close of the fourth quarter, Europe’s total construction pipeline stands at 1,711 projects/260,911 rooms. Source: hotelnewsresource.com … [Read more...]
IHCL Debuts in Rajahmundry, Andhra Pradesh with the Signing of a Vivanta Hotel
Indian Hotels Company (IHCL) today announced the signing of its first hotel in Rajahmundry, Andhra Pradesh. The Greenfield hotel will be branded Vivanta. Source: hotelnewsresource.com … [Read more...]
355 Room Yours Truly Hotel in Washington D.C. Opens As Part of the Vignette Collection
Today, IHG Hotels & Resorts announced the debut of Vignette Collection brand in the Americas with the opening of Yours Truly DC. Source: hotelnewsresource.com … [Read more...]
Aladdin Hotel Downtown Kansas City, MO For Sale
CBRE Hotels presents the opportunity to acquire the fee-simple interest in the 193-room Aladdin Hotel. This sixteen-story historic building, constructed in 1925, brought innovation to the downtown lodging market in the early twentieth century. Source: hotelnewsresource.com … [Read more...]
Hyatt House Sacramento/Midtown Hotel Opens in California
The Romanesque Revival-style building first opened in 1928 as a Masonic women’s meeting place and is listed on the National Register of Historic Places. Source: hotelnewsresource.com … [Read more...]
HVS Asia Pacific Hospitality Newsletter – Week Ending 10 February 2023
Weekly Hotel Industry Asia Pacific News Roundup from HVS Source: hotelnewsresource.com … [Read more...]
8 Steps to Help Make Your Hotel Recession-proof in 2023
The storm clouds of a global recession are still looming large on the horizon. Headlines about the impending downturn bring back memories of 2008. Back then, several quarters of negative economic growth brought uncertainty and turbulence to most business sectors. Hospitality was no exception. But as we may be steering towards rough waters once more, we can draw on lessons from the 2008 downturn … [Read more...]
Why You Should Buy Travel Insurance for These Spring Break Vacations
Are you taking a spring vacation? You won't be alone. Inflation is not deflating travelers' desires to travel for spring break and people are busy planning their next getaways.In fact, data shows that flight searches for March and April travel are up 40 percent, and many people are looking to warm up after a cool winter in tropical locales.ADVERTISINGSome of the most popular spring break trips … [Read more...]
Nomadix Partners with RN Projects to Deliver Robust Networking Solutions Across the Hospitality Market
Today's users require reliable and efficient network connections in order to meet their diverse needs. 2.14.2023 Nomadix® Inc., a technology leader in the hospitality and multi-tenant industries, today announced partnership with RN Projects, a leading multi-regional network system integrator. RN Projects specializes in the design and delivery of complex data networks into existing businesses … [Read more...]
Get to Know the New Margaritaville Island Reserve Riviera Maya
The resort is scheduled to open in April 2023, and travel advisors can win a free stay. Source: travelpulse.com … [Read more...]
RAM Hotels Sets Sights on Growth, Appoints Jonathan D. Bogatay President
Mitesh Patel (Left) and Jonathan Bogatay (Right) Just four years after arriving in the United States from India with their parents, brothers Rinkesh and Mitesh (Matt) Patel purchased their first hotel—the Days Inn in Phenix City, Alabama—operating the property under RAM Hotels. Over the past two decades, the co-founders grew their portfolio of owned and managed hotels to encompass 26 … [Read more...]
Mgallery Hotel Collection Announces New Campaign, New Hotels, and New Leadership for the Brand
MGallery Hotel Collection today announced the launch of Stories that Stay, a brand campaign that celebrates the fascinating and singular stories of some of its properties. In addition to the new campaign, the brand has kicked off 2023 with a portfolio of more than 170 hotels either open or in varying stages of development, a new chief executive officer, and plans to add at least a dozen new hotels … [Read more...]
GlobalData Pares Back US Economy Growth to 0.3% in 2023
High inflation levels far above the Fed Reserve’s target of 2% and the consequent tightening of monetary policy, which has been hiked eight times during January 2022 to February 2023, will continue to dampen the household spending and investments in the US, which will negatively impact the economic growth prospects. Source: hotelnewsresource.com … [Read more...]
Las Vegas is on the Clock As the Countdown to Super Bowl LVIII Begins
Following the Handoff in Arizona, Las Vegas Unveiled the Larger-than-Life 'Super Ball', featuring the newly released Super Bowl LVIII logo. Source: hotelnewsresource.com … [Read more...]
Travel & Tourism Sector in Key European Capitals Strongly Recovering Says WTTC
Sector’s GDP contribution to London’s economy tripled in the last year - Paris’s Travel & Tourism GDP contribution has almost recovered to pre-pandemic levels Source: hotelnewsresource.com … [Read more...]
STR Reports Abu Dhabi Hotel Performance Remained Steady in January
Abu Dhabi’s hotel occupancy remained roughly 5 percentage points lower than pre-pandemic levels, while average daily rate (ADR) and revenue per available room (RevPAR) far exceeded recent comparables for the month, according to preliminary January 2023 data from STR. Source: hotelnewsresource.com … [Read more...]
Marriott International Reports Fourth Quarter and Full Year 2022 Results
Fourth quarter 2022 comparable systemwide constant dollar RevPAR increased 28.8 percent worldwide, 23.6 percent in the U.S. & Canada, and 45.1 percent in international markets, compared to the 2021 fourth quarter Source: hotelnewsresource.com … [Read more...]
Cindy Murphy Named Regional Vice President of Operations for HEI Hotels
Prior to joining HEI, Murphy was vice president of operations and head of the Sonesta Select brand for Sonesta Hotels where she was responsible for 224 company managed hotels that generated $750 million annually. Source: hotelnewsresource.com … [Read more...]
The Pennywell Hotel Opens in St. Louis, Missouri
Housed in a late 19th-century bank, the boutique property is located near the city's top attractions and convention center Source: hotelnewsresource.com … [Read more...]