HOTELS - ACCOMMODATION NEWS

In today’s business environment we’re used to figures defying expectation and have built up a resilience to change after the baptism of fire that was the pandemic and its economic fallout. But that doesn’t mean that managing travel and events for an enterprise organization is easy. Source: hotelnewsresource.com … [Read more...]

Red Roof reported that its 2023 SHE Leads Forum, held Sept. 28-29 at The Fairmont, Dallas, sold out in record time—a testimony to both the quality of the conference and the heightened focus on empowering women in hospitality. LODGING was on hand to cover this dynamic event, attended by hotel owners, GMs, developers, investors, and industry professionals. Marina MacDonald, chief marketing … [Read more...]

Lodging industry innovator WaterWalk opened the doors of its newest property under the brand's Gen 2.0 model, WaterWalk Jacksonville, on October 2. Located at 8895 Perimeter Park Blvd. in Jacksonville, the property blends the best of an upscale extended-stay hotel and home with fully furnished 'STAY' units and ready-to-furnish 'LIVE' units. WaterWalk Jacksonville is nestled in the Deerwood … [Read more...]

The software is the driving force behind the online booking experiences of over 6000 properties, ranging from independent hotels to global brands.By HTN staff - 10.2.2023 MeetingPackage, an all-in-one sales automation software specializing in venue and group bookings, has successfully secured a $4.6 million Series A funding round led by Scale Capital. The additional funding will reportedly be … [Read more...]

Ultra-luxury wellness destination, Amaala, one of Red Sea Global's (RSG) flagship regenerative tourism developments is pleased to announce its partnership with Monaco Marina Management (M3) to establish RSG's Amaala Yacht Club which will become one of the world's premier yachting destinations. Located along Saudi Arabia's north-western coast, the highly anticipated destination will be the first … [Read more...]

Based on a sample of more than 3,000 hotels from CBRE’s Trends in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626 per available room (PAR) in 2022. This is 10.8% less than the $2,943 PAR recorded in 2019, before the COVID-19 pandemic. Concurrently, the earnings before interest, taxes, depreciation, and amortization (EBITDA) for these same properties fell by … [Read more...]

Conducted in conjunction with HAMA'S 2023 Annual Fall Meeting that was held in New Orleans, the results were presented to media live with a concluding Q&A session via online conferencing. In total, 77 asset managers, comprising approximately one-third of membership, participated in the survey. Source: hotelnewsresource.com … [Read more...]

Charlestowne Hotels has continued its expansion in the Midwest with the management takeover of The H Hotel in Midland, MI. It is the company’s first property in the state and seventh in the region. The 139-room hotel, which has transitioned from a Dolce by Wyndham property, offers more than 25,000 sq. ft. of indoor and outdoor meeting and even space, including a ballroom and outdoor … [Read more...]

CoralTree Hospitality to Assume Operations of Rental Units, Resort Facilities and Homeowners Associations in Premier Leisure Destinations Source: hotelnewsresource.com … [Read more...]

The new ibis Styles Rotterdam Ahoy has opened its doors in Rotterdam-Zuid, adjacent to the Rotterdam Ahoy Convention Center. Source: hotelnewsresource.com … [Read more...]

In a joint effort, Driftwood Capital and Berkadia Hotels & Hospitality have secured $47 million in refinancing for Driftwood’s Canopy by Hilton West Palm Beach Downtown. Michael Weinberg and Scott Wadler, managing directors, Berkadia South Florida orchestrated the financing on behalf of Driftwood Capital. “West Palm Beach has experienced tremendous growth with several Fortune 500 … [Read more...]

The percentage of hotel industry board seats held by Black members and women members, respectively, is going up. That’s according to recent research commissioned by AHLA Foundation and conducted by Penn State’s School of Hospitality Management. The increase exceeds the 2022 average in both categories for firms in the Russell 3000 Index, signaling progress in the effort to diversify corporate … [Read more...]

Kimpton Hotels & Restaurants broke ground last week for a new boutique hotel in the Northern California coastal community of Pacific Grove, on the Monterey Peninsula. The property is expected to open in late 2025. Source: hotelnewsresource.com … [Read more...]

For close to a century, the Hospitality Sales & Marketing Association International (HSMAI) has stood as a guiding light for innovation, support, and community growth within the hotel sales, marketing, and revenue optimization fields. Now, as we begin the countdown to our momentous 100-year anniversary in 2027, we’re excited to unveil the Century Campaign for the HSMAI … [Read more...]

According to the Hospitality Asset Managers Association (HAMA) Fall 2023 Industry Outlook Survey, nearly 60% of its members believe RevPAR will return to 2019 levels for the U.S. as a whole next year. Almost 25% believe it will happen this year. The semi-annual report updated the opinions, experiences and predictions of nearly 80 hotel asset managers from the earlier spring conference survey with … [Read more...]

Raffles London at The OWO debuts with 120 rooms and suites, the Guerlain Spa, and a collection of restaurants and bars including three magnificent dining experiences by acclaimed chef Mauro Colagreco Source: hotelnewsresource.com … [Read more...]

Saudi Arabia is committing a staggering $800 billion to unlock the full potential of its breathtaking landscapes and cultural treasures for travellers worldwide. This landmark agreement unites private and public sectors in a concerted effort to craft a sustainable blueprint for growth. Source: hotelnewsresource.com … [Read more...]

Aligned Hospitality Management has expanded its presence in Arizona by adding two properties to its portfolio. With these portfolio additions, the company manages nearly 20 properties across various markets. The first property, Wingate by Wyndham Chandler/Phoenix in Chandler, AZ, has 64 keys and is situated minutes from Tempe Diablo Stadium, the spring training home of the Los Angeles Angels. Off … [Read more...]

As compared to the week prior, global occupancy (excluding the U.S) grew slightly, up 1.2ppts to 72.1%. There continued to be strong year-over-year growth with the measure up 4.6ppts. ADR showed solid gains, rising 11.8% to US$150, which was the first time above US$150 in the past five weeks. RevPAR growth remained robust, up 19.3% YoY to US$108. Source: hotelnewsresource.com … [Read more...]

GLASGOW, Scotland and PLANO, Texas—Aimbridge EMEA has been appointed by Santa Maria Group to manage its independent, 402-key Grand Luxor Hotel & Village resort on the Costa Blanca. The deal marks a milestone for both companies, signaling their joint ambition to accelerate growth and provide experiences in the market. Aimbridge EMEA is expected to bring its two decades of operational … [Read more...]