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Wyndham Introduces Trademark Collection to South Korea With Opening of La Vie D’or Hotel and Resort
Trademark Collection by Wyndham | August 15, 2024
La Vie D'or Hotel and Resort debut expands Wyndham's market presence across South Korea to over 30 hotels SINGAPORE, Aug. 15, 2024 -- Wyndham Hotels & Resorts officially introduced its Trademark Collection brand to South Korea with the opening of La Vie D'or Hotel and Resort, Trademark Collection by Wyndham. The new hotel elevates the Company's presence in South Korea to over 30 hotels and joins nearly 20 Trademark hotels across Asia Pacific. La Vie D'or Hotel and Resort offers a unique blend of comfort and tranquility amidst the tourism and transportation hub of Hwaseong-si. Guests can hit the links at the resort's nine-hole course
Driftwood Hospitality Management Unveils Multimillion-Dollar Renovation of Hilton Cocoa Beach Oceanfront
Driftwood Hospitality Management | August 15, 2024
Cocoa Beach, Fla. (Aug. 15, 2024) – Driftwood Hospitality Management proudly announces the completion of an extensive multimillion-dollar renovation for the Hilton Cocoa Beach Oceanfront, a 295-key flagship property in the heart of Florida's Space Coast. The transformative project showcases DHM’s commitment to providing an unparalleled guest experience in one of the nation's most beloved beach destinations. The renovations, encompassing seven floors and more than 10,000 square feet of flexible meeting space, draw inspiration from Cocoa Beach's natural beauty and vibrant surf culture. Guests will be greeted by a refreshed lobby featurin
Sayaji Pune Welcomes Rajendra Singh as New Executive Chef
Sayaji Hotels | August 15, 2024
Pune, August 2024: Sayaji Pune is delighted to announce the appointment of Rajendra Singh as the new Executive Chef. With nearly 19 years of professional culinary experience and a distinguished focus on Indian cuisine, Chef Singh brings a wealth of knowledge and expertise to the esteemed culinary team at Sayaji Pune. Rajendra Singh's core competencies include menu creation, culinary expertise, leadership, and training. His extensive experience encompasses managing production, inventory, equipment, and ensuring compliance with food quality standards. Chef Singh has excelled in building and nurturing customer relationships, while leading and t
The Curtis Hotel Announces Key Promotions in Partnership with Hotel Teatro
The Curtis Hotel | August 15, 2024
DENVER – August 15, 2024 – The Curtis Hotel is pleased to announce the promotion of Lizzie Raudenbush to Area General Manager and Megan Pierce to Area Director of Sales and Marketing serving the Denver area at The Curtis Hotel and Hotel Teatro, expanding the properties’ excellence in hospitality through downtown Denver under Sage Hospitality Group. The Curtis Hotel is a vibrant and eclectic hotel located in the heart of Denver. Known for its unique pop-culture design and commitment to the local community, the property offers a memorable stay for anyone seeking an immersive experience, with 13 themed floors and accompanying hyper them
Lang & Schwander Principals Acquire Hotel Engadinerhof in Switzerland
Lang & Schwander | August 15, 2024
Renovation and repositioning of historic property in Pontresina will showcase Lang & Schwander’s multiple hospitality verticals within their existing ecosystem MIAMI, FL (Aug. 15, 2024) – Sebastian Lang and Marcus Schwander, founding partners of Miami-headquartered Lang & Schwander, a hotel interior design firm specializing in FF&E (furniture, fixtures, and equipment), have acquired the Hotel Engadinerhof, located in Pontresina, a picturesque mountain village in southeast Switzerland. Terms of the sale were not disclosed. The 85-key hotel, which originally opened in 1905, complements the idyllic Swiss locale with its Bel
LE Forecasts Over 1,100 New Hotels to Open in Europe by 2026
Lodging Econometrics | August 15, 2024
August 15, 2024 – PORTSMOUTH, NH In the Q2 2024 Europe Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report the region’s total pipeline stands at 1,680 projects/249,454 rooms at the quarter’s close. Hotel projects currently under construction in Europe at Q2 stand at 755 projects/117,908 rooms, representing 45% of the projects and 47% of the rooms in the total pipeline. Projects planned to start construction in the next 12 months account for 412 projects/59,850 rooms, making up 25% of the projects and 24% of the rooms. Projects in the early planning stage comprise 513 projects/71,696 rooms, acco
CBRE Hotels Adjusts Outlook for 2024 Due to Economic Conditions, Predicts Modest U.S. RevPAR Growth
CBRE Group, Inc. | August 15, 2024
Dallas – August 15, 2024 – CBRE is reducing its forecast for U.S. hotel performance this year, as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit growth. CBRE now projects a 1.2% increase in revenue per available room (RevPAR) growth for 2024, down from the 2.0% estimated in May 2024. Nevertheless, CBRE anticipates 2% year-over-year growth in RevPAR in the second half of 2024, up from 0.5% year-over-year growth in the first half, driven by international tourism and election-related events. CBRE forecasts GDP growth of 2.3% and average inflation of 3.2% in 2024. The performance of the lod
Travel Prices Remain Stable Through July
U.S. Travel Association | August 15, 2024
The U.S. Bureau of Labor Statistics Consumer Price Index release for July reflected a continuation of the encouraging trend of stable prices both for consumers overall and for travelers. Overall prices rose slightly for the month, while travel related prices were flat. “Overall, comparisons month-to-month, year-over-year, and against pre-COVID-19 levels all show today’s prices are more favorable for travelers,” said Joshua Friedlander, Vice President of Research at the U.S. Travel Association. According to the U.S. Travel Association-calculated Travel Price Index (TPI), prices were on average the same in July as for the prior m