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Rosewood Hotels & Resorts Announces Expansion in the Caribbean With Rosewood Exuma

Rosewood Hotels & Resorts | August 8, 2024

In partnership with Miami-based Yntegra Group, Rosewood Exuma will open in 2028 to unveil the brand’s elevated approach to experiential travel Exuma, a pristine archipelago of 365 islands in the Bahamas, has long been a haven for sophisticated globetrotters and seafarers. Today, Rosewood Hotels & Resorts is pleased to name the destination as the latest addition to the brand’s Caribbean portfolio with the announcement of Rosewood Exuma, a private island experience that will fuse together the best of both ultra-luxury and adventure travel. Imagined in partnership with Yntegra Group, a Miami-based private investment company, the new dev

Kimpton Partners With JMA Ventures and Machete Group to Develop New Kimpton Orlando

Kimpton Hotels & Restaurants | August 8, 2024

ATLANTA (Aug. 8, 2024) – Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ fast-growing luxury and lifestyle portfolio, announces today a new partnership with JMA Ventures and Machete Group to develop the boutique luxury brand’s first location in Orlando. The new hotel will be located adjacent to the Kia Center arena, as part of Westcourt’s new mixed-use sports and entertainment development that will offer a variety of expansive experiences for visitors and locals alike. This collaboration marks a significant milestone in Westcourt's commitment to offering guests the most-elevated hotel stay directly in the heart o

MOP by Visual Matrix Helps Hoteliers Achieve Efficiencies in a Strained Labor Market, Industry Adoption Grows by More than 400%

Visual Matrix | August 8, 2024

Visual Matrix MOP continues to improve hotel operations, optimize guest satisfaction, and set new standards for worker safety Richardson, Texas, August 8, 2024 – Visual Matrix, a leading provider of advanced technology solutions for the hospitality industry, has increased the growth of its MOP technology 440 percent since Visual Matrix acquired the technology in November 2021. MOP is now used at more than 1,000 hotels representing than 33 brands in the industry, including Wyndham, Hilton, Marriott, IHG, Choice, and more. “MOP was designed to help hoteliers overcome the many operating challenges they face today, in addition to the crunch

May 2024 Total International Travel Volume To and From the United States

International Trade Administration | August 8, 2024

Outbound Travel Departures from the United States by U.S. Citizens Totaled 9,265,840 in May 2024, an Increase of 9.7 percent Compared to May 2023 Data recently released by the National Travel and Tourism Office show that in May 2024, International Arrivals to the United States Total non-U.S. resident international visitor volume to the United States of 6,068,711 increased +12.7 percent compared to May 2023 and represented 90.5 percent of the pre-COVID total visitor volume reported for May 2019. Overseas visitor volume to the United States of 3,042,475 increased +17.5 percent from May 2023. May 2024 was the thirty-e

Latin America Hotel Construction Pipeline Expands With 11% YOY Growth – Updated New Openings Forecast

Lodging Econometrics | August 8, 2024

August 8, 2024 – PORTSMOUTH, NH The Q2 2024 Latin America construction pipeline trend report from Lodging Econometrics (LE) indicates a positive growth trajectory for the region’s hospitality sector, with stable growth in new hotel openings forecast through 2026. This projected growth is supported by the region’s expanding construction pipeline, currently standing at 612 projects (97,597 rooms), marking an 11% increase in projects and a 10% increase in rooms year-over-year. At the end of the second quarter, Latin America has 253 projects with 44,319 rooms under construction, reflecting an 11% YOY increase in projects and a 15% inc

From Revenue to Profit: A Culture Shift in Hotel Commercial Strategy

Otelier | August 8, 2024

Amid challenges like flatlining demand and increased pricing pressure, forward-thinking hotel commercial strategy teams are shifting their focus from driving revenue to driving profitability. By Jason Q. Freed Hospitality Data Evangelist, Otelier As pandemic-induced “revenge travel” wanes and inflation continues to squeeze travelers’ wallets, many hotels are finding rising operating costs are outpacing revenue growth. The result is a widespread decline in profit margins.  Given these conditions, for hotel owners and operators, focusing on strategies to drive profitability over the near term is critical. In many cases, this requires

Hard Rock International Announces Development of REVERB by Hard Rock Pensacola To Open in 2029

REVERB by Hard Rock® | August 7, 2024

PENSACOLA, Fla., Aug. 7, 2024 -- Today, Hard Rock International announces development plans for REVERB by Hard Rock® Pensacola to break ground in 2026 and open in 2029. REVERB by Hard Rock® is a unique hotel brand designed to be an energetic cultural hub for connection, creation and inspiration among music fans, locals and travelers alike. This will mark the company's sixth REVERB property joining the portfolio, with Atlanta and Hamburg, and Kalamazoo, Tampa, and Scottsdale also being developed. REVERB by Hard Rock® Pensacola will feature more than 125 hotel technology-enhanced rooms, a full-service restaurant, rooftop bar, lo

Nominate an Individual for the 2024 HFTP Paragon Award

HFTP | August 7, 2024

Each year, HFTP recognizes an individual who has made a lasting impact on the association and industry with the HFTP Paragon Award. This award recognizes individuals who have made a significant and lasting contribution to both HFTP and the hospitality industry. It will be presented at the HFTP 2024 Annual Convention, taking place October 18-20 at the JW Marriott Indianapolis Hotel in Indianapolis. Do you know someone whose accomplishments should be celebrated? You are invited to nominate a deserving individual by August 16. Submit your nomination via the nomination form. The 2022 Paragon Award winner, Daniel Conti, Jr, CHAE+ stated,







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