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Bartech Launches Wall-Mounted eFridge Minibar Solution, Enhancing Guest Experiences and Hotel Design Efficiency

Bartech | October 30, 2024

New slim-line automated minibar option increases F&B profitability while providing a more modern and stylish approach to in-room design. Las Vegas — October 30, 2024 — Bartech, the leading global provider of automatic minibar solutions, has announced the latest addition to its product line with the launch of its innovative Flat eFridge minibar solution. Designed to enhance both hotel design flexibility and operational efficiency with its sleek, modern minimalistic aesthetic, the Flat eFridge is set to transform hotels in-room F&B services by ensuring heightened profitability and guest satisfaction. The most recent addition to

Nomadix Heads to The Hospitality Show, Where Innovation Ignites Profitability

Speleos Dravillas | October 29, 2024

By Speleos Dravillas It’s been over a year since the inaugural event of The Hospitality Show, and we are excited to head back this week, to reconnect with hotel owners, operators, management companies, investors, developers and others across the industry. It’s been a great time for our industry, with room demand at an all-time high (STR). Hotel average daily rate (ADR) is projected to grow by 4.9% in the next 12 months (Siteminder),  and the projected growth of the global hospitality market is set to soar to a staggering $5,816.66 billion by 2027. Industry jobs are finally rising above pre-pandemic levels. Lodging Econometrics

Cruise Operators Reap Benefits of Their Own Private Islands

October 29, 2024

By Doyinsola Oladipo NEW YORK (Reuters) - Major cruise operators are steering their ships - and millions of dollars in investments - into their own private destinations packed with excursions, beaches, bars and restaurants. The phenomenon appears to have started with Royal Caribbean Group, which in 2019 opened "Perfect Day at CocoCay," an amusement park-like private destination in The Bahamas that has caught the eye of Wall Street. By operating their own private destinations on small Caribbean islands, Royal Caribbean and other cruise operators have managed to grow revenues faster. "By having their own port and not having to pay p

STOXX 600 Falls on Earnings Drag, Travel and Leisure Worst Hit

October 29, 2024

By Ankika Biswas and Pranav Kashyap (Reuters) -Europe's main stock index dropped on Tuesday, bruised by a handful of bleak quarterly results from industry majors such as energy giant BP, drugmaker Novartis and lender Santander, while caution also prevailed ahead of some crucial economic data. The pan-European STOXX 600 closed 0.6% lower, after touching an over one-week high intraday. BP's shares dropped 5% to July 2022 lows after the company's third-quarter profit fell to the lowest in almost four years, pushing the energy sector index 1.2% down. Novartis stock fell 4% as investors focused on the Swiss company's lower-than-expecte

Hotel Collapses in Argentina, Firefighters Search for Trapped People

October 29, 2024

(Reuters) -A ten-story hotel building collapsed early on Tuesday in the coastal city of Villa Gesell in Argentina’s Buenos Aires province, the local municipality said in a statement. Between seven and nine people, including workers from a construction site allegedly operating without municipal permits at the Dubrovnik hotel, were believed to be inside at the time, the statement said. Rescue teams are currently removing the debris to free those trapped, the Villa Gesell authorities noted, adding that the municipality had halted construction work at the site in August of this year. (Reporting by Natalia Siniawski; Editing by Gabriel

Top-Ranked Lajitas Golf Resort Chooses Agilysys Hospitality Software Solutions to Elevate Guest Experiences and Optimize Revenue Beyond Rooms

Agilysys | October 29, 2024

-- 27,000-acre multi-amenity resort invests in delighting guests with the support of new software platforms for Property Management (PMS), Point-of-Sale (POS), and Golf and Spa operations, plus 10 additional solutions -- OCTOBER 29, 2024 (ALPHARETTA, Ga.) – Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of hospitality software solutions and services, today announced that Lajitas Golf Resort has implemented 14 Agilysys solutions to connect and modernize guest experiences property-wide. These solutions also work together to share data, insights and processes to improve staff efficiencies and optimize revenue across the resortâ€

How To Be a Successful Hotel General Manager

EHL Insights | October 29, 2024

In the current climate, hoteliers are constantly seeking ways to become better hotel managers, opportunities to advance their careers and distinguish themselves in what is a competitive industry. This blog serves as a vital resource for hotel management professionals who aspire to elevate their skills, expand their networks, and embrace the latest trends and innovations in the field. Whether you are aiming for personal career growth, wanting to enhance guest experience, or seeking strategies to optimize your operation, you will find valuable insights and practical advice here. Discover the 5 transformative steps that will not only im

HVS ANAROCK MONITOR, October 2024

Dipti Mohan | October 29, 2024

Read the latest edition of the HVS ANAROCK monthly industry update, MONITOR (Monthly Overview of National Industry Trends and Hospitality Report), for the key trends in the Indian hospitality industry. Key highlights include: September 2024: Sustained demand growth has led to consistent improvements in occupancy rates across key markets in September 2024, compared to the same period last year During the month, the average rates showed varied trends across key markets. Q3 CY2024: An increase in occupancy rates was seen during Q3 CY2024 over the same period in CY2023, across all markets except Mumbai. Goa stands out as the







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