Amadeus is passionate about travel and we know our partners are too. That’s why our latest report shares some great news on the global travel rebound, as well as some real takeaways for hoteliers looking to innovate and stay ahead of the curve by putting the traveler at the center of everything that they do. Source: hotelnewsresource.com … [Read more...]
Murrieta Hot Springs Resort Forms Management Agreement With Remington
DALLAS, Texas—Remington Hospitality announced its agreement to oversee operations at Murrieta Hot Springs Resort. Situated on 46 acres in Southern California, the property is undergoing restoration with plans to reopen this winter as a hot springs health and wellness resort. The resort, located within an hour’s drive of Los Angeles, Palm Springs, and San Diego, will bring many benefits to Murrieta … [Read more...]
The Value of the Understood Consumer – By Trey Williams, VP, Strategic Planning, MMGY
Among marketing’s increasingly important modern challenges is the expectation of consumers for brands to deliver experiences that feel tailored specifically for them. That requisite extends beyond the features of the end product itself to the manner in which products and services are discovered, compared, and ultimately purchased and experienced. In fact, today’s discerning consumers … [Read more...]
Hilton Unveils New Regional Prototype for Hilton Garden Inn, Ramps Up Growth Momentum in Thailand
Hilton (NYSE: HLT) hosted over 100 hotel developers and owners from Thailand and other markets in South East Asia, as it introduced a new regional room prototype for its upscale brand, Hilton Garden Inn. Source: hotelnewsresource.com … [Read more...]
Hyatt Vacation Club launches
Hyatt Vacation Club, a rebranded offering of vacation experiences, has launched across 22 branded resorts and with vacation options around the globe. The club, operated by an affiliate of MVW, connects former Hyatt Residence Club properties, former Welk Resort properties and different vacation ownership programs under a common brand. The refreshed Hyatt Vacation Club experience provides owners and … [Read more...]
KWC Management closes second hospitality fund
Hotel and hospitality investment manager KWC Management (KWCM), an investor in opportunistic, value-add assets across the hospitality vertical in the U.S., held its final close for its second hotel- and hospitality-focused fund, Kemmons Wilson Hospitality Partners (KWHP II). KWHP II, launched in Q2 2022, has already acquired four assets across the U.S., and has closed with $213 million from family … [Read more...]
IHG LIFT Program Created to Support Growth for Diverse Hotel Owners
ATLANTA—IHG Hotels & Resorts introduced IHG LIFT, an owner growth program focused on creating more hotel development support for historically underrepresented groups within the hospitality industry and diversifying IHG’s hotel owner community. The company’s new program will help with common barriers to hotel ownership among these groups and garner success for diverse … [Read more...]
Highgate-managed Romer Waikiki at the Ambassador will open October 1
While there are many ways to experience Oahu, the heart and soul of the island is uncovered by the boots-on-the-ground insights, experiences and insider knowledge that only true neighborhood natives can provide. The antidote to ordinary Oahu itineraries, Romer Waikiki at the Ambassador will open October 1, 2023 following a multi-million-dollar renovation. Formerly known as The Ambassador Hotel … [Read more...]
Canopy by Hilton Cannes Hotel Opens on the French Riviera
Canopy by Hilton Cannes has opened with panoramic views over the Mediterranean from one of the city’s best rooftop terraces, interiors designed by designer Ramy Fischer and a swimming pool that flows from indoor to outdoor. Source: hotelnewsresource.com … [Read more...]
Defying Economic Turbulence: Business Travel Skyrockets 46% Compared to Pre-Pandemic
Despite rocky economic conditions and pressures within organizations to cut down on travel costs, business travel is making an unexpected and robust comeback. Source: hotelnewsresource.com … [Read more...]
Demand Outpacing Supply in Australian Student Accommodation Market
In an Accommodating the Growth in New Students report, CBRE highlights that an incremental 8,000 PBSA rooms will be delivered across Australia over 2023-2026 – representing a 7% uplift. Source: hotelnewsresource.com … [Read more...]
2023: A Challenging Year for California's Hotels
The first half of 2023 proved to be a roller coaster for the California hotel industry, with varying performance across luxury, full-service, and select-service segments. The year started on a high note, especially for luxury hotels, before experiencing a dramatic decline in Q2 across all major areas, compared to the same period in 2022. Source: hotelnewsresource.com … [Read more...]
Hampton by Hilton opens new property in San Mateo, CA
Hilton’s Hampton by Hilton has open its newest property, the Hampton Inn & Suites San Mateo-San Francisco in San Mateo, CA. Owned and developed by Founders Investment Corporation and managed by Johnson Hospitality, the Hampton Inn & Suites San Mateo-San Francisco features 181 rooms. The hotel is within walking distance to the Marina Shopping Center and proximate to Whole Foods, … [Read more...]
U.S. Leads Global Travel & Tourism Rebound Says WTTC
Strong outbound growth from US Travellers - US Domestic Travel & Tourism market demonstrates its resilience - Millions more American jobs since 2021 Source: hotelnewsresource.com … [Read more...]
LE: U.K., Germany have strongest European pipelines
In the Q2 2023 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the region currently has 1,715 projects/256,578 rooms in its construction pipeline at the close of the quarter. There are currently 776 projects/118,400 rooms under construction. Projects scheduled to start construction in the next 12 months stand at 404 projects/61,842 rooms and those in … [Read more...]
Remington adds Murrieta Hot Springs Resort to portfolio
Remington Hospitality has an agreement in place to oversee operations at Murrieta Hot Springs Resort. Situated on 46 acres in Murrieta, CA, the 174-room historic property is undergoing an extensive restoration with plans to reopen this winter as a hot springs health and wellness resort. “We’re thrilled to add Murrieta Hot Springs Resort to our portfolio, particularly as we continue to see an … [Read more...]
Be in it to win it
“It’s the owners and developers issue. Why aren’t we included on your list?” It’s a question I get often. The entire team at Hotel Business gets it, too. This time, it’s the annual owners and developers ranked chart. But we run many lists throughout the year—management companies, brokers, sources of funding, branding, construction companies—and no matter the report/list, a similar query seems to … [Read more...]
Hot Off The Press – August 2023
It’s the August edition of Hotel Business and this issue features a cover story on Mirbeau Inn & Spa, as well as a Q+A with owners and developers, an interview with Barbara Purvis of Essex Hotel Management and a report on our recent Hot Topics session, sponsored by DIRECTV about bringing the home experience to hotel guestrooms. View this issue The post Hot Off The Press – August 2023 appeared … [Read more...]
Hilton to weave Tapestry further into North America
At least 41 projects are in the pipeline for the soft brand, encompassing a minimum of 5,549 keys, according to the latest data from THP. Worldwide portfolio The Tapestry Collection by Hilton portfolio is continuing to expand worldwide and now comprises around 132 hotels currently operational or under development, of which 114, or 86%, are in North America. Global sites for the brand span 13 … [Read more...]
Delta Hotels by Marriott Riviera Nayarit Unveils Aqua Jungle & River Experience and Additional Rooms
Delta Hotels by Marriott Riviera Nayarit, An All-Inclusive Resort — Photo by Marriott Delta Hotels by Marriott Riviera Nayarit, An All-Inclusive Resort, situated in the Cruz de Huanacaxtle, Nayarit, Mexico, and part of the 31 properties in the All-Inclusive by Marriott Bonvoy hotel portfolio in the Caribbean and Latin America, unveiled the Aqua Jungle & River experience and an additional rooms … [Read more...]