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Navigating AI Strategy: Beyond the Hype to Real Business Value
Mark W. Munger | October 29, 2024
Introduction As a technology consultant working with business leaders across industries, I consistently hear variations of the same question: “I know AI needs to be a priority, but how does it actually fit into MY business?” It’s a valid concern, especially given the intense media focus on AI and the pressure to “keep up” with technological advancement. This article aims to provide clear, actionable insights, backed by recent research and real-world examples, on how to approach AI strategy in your business. Rather than theoretical possibilities, we’ll focus on practical implementation and proven results. The Two Paths to
IHG Signs With Plaipol to Develop InterContinental Phang-Nga Bay Resort in Thailand
IHG Hotels & Resorts | October 29, 2024
Bangkok, Thailand – 29 October 2024: The growth of IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, continues at pace in Thailand with its latest signing adding to an increasingly-impressive portfolio of luxury resorts. Opening in 2028, InterContinental Phang-Nga Bay Resort will be located in Samet Nangshe – a one-of-a-kind picturesque destination in Phang-Nga. The result of a management agreement between IHG and first-time partner Plaipol Co., Ltd. – a leading gold business owner in Thailand – the 150-key property will be the ideal choice for travellers seeking a relaxing getaway in an idyllic
Government Action Needed To Boost Vital £32bn UK Visitor Economy
IHG Hotels & Resorts | October 29, 2024
Strong industry-Government partnerships are key to ensuring the UK's visitor economy continues to thrive, according to a new report by the British Chambers of Commerce (BCC) in partnership with IHG Hotels & Resorts. To help grow the tourism, hospitality, events and attractions industries, the report makes a series of recommendations to policymakers. It calls on Government to: Reform apprenticeship funding in England to support more training opportunities by firms in the visitor economy Reform business rates by reducing the multiplier for both small and standard rates Reconsider the evidence around tax free shopping for vis
Reuben Brothers Acquire W South Beach From Tricap and RFR
Reuben Brothers | October 29, 2024
Miami Beach, FL (October 29, 2024) – In a milestone transaction that is set to redefine the luxury hotel market in Miami, Reuben Brothers have acquired the renowned W South Beach from Tricap and RFR. The landmark deal, valued at over $400 million, reinforces Reuben Brothers' commitment to strategically expanding their hospitality portfolio in the United States and beyond. David Edelstein (Tricap) and RFR acquired the 3.5-acre property in 2004 and commenced the development of a new world-class luxury hotel, W South Beach, along with The Residences at W South Beach. When it opened its doors in 2009, it significantly reshaped the landscape o
Sofitel Unveils the Refurbished Sofitel Sydney Wentworth
Sofitel | October 29, 2024
October 29, 2024 - Located in Sydney (Australia), the Sofitel Sydney Wentworth is delighted to throw open its doors and begin welcoming guests again. With 436 guest rooms and suites, the hotel’s original charm has been reignited and modernised for the 21st century. Situated in the heart of Sydney’s central business district, Sofitel Sydney Wentworth offers unparalleled convenience, being located just minutes from iconic landmarks such as the Sydney Opera House, Sydney Harbour Bridge and the luxury fashion district. A refreshed Sydney icon The refurbishment re-ignites and celebrates the hotel’s glamorous past while propelling it
Ennismore and TWG Partner To Bring 21c Museum Hotels to Indianapolis
Ennismore | October 29, 2024
Ennismore, the fastest-growing lifestyle and leisure hospitality company, and TWG, a national developer of multifamily housing and mixed-use projects, are thrilled to announce the signing of 21c Museum Hotel Indianapolis. Dedicated to making art and culture accessible to all, the multi-venue contemporary art museum will showcase globally renowned and regionally relevant artists in site-specific installations and rotating curated exhibitions throughout the year. At 21c Museum Hotel Indianapolis, art will be integrated into every aspect of the guest experience. From the moment guests arrive, they can expect to find installations designed
Park Hyatt New York Appoints Vincent De Croock as New Director of Sales & Marketing
Park Hyatt New York | October 29, 2024
NEW YORK (October 29, 2024) — Park Hyatt New York, the five-star award-winning hotel located on Manhattan’s Billionaires’ Row, is pleased to announce the appointment of Vincent De Croock as Director of Sales & Marketing. With a passion for excellence and a dynamic approach to sales leadership, De Croock will focus on growing strategic accounts, cultivating key relationships and further strengthening the hotel’s reputation as a leading luxury destination. This year the flagship hotel of the Park Hyatt brand celebrates its 10th anniversary with a transformative renovation and the addition of the Manhattan Suite, a new 3,500-square-
Walt Disney World Swan and Dolphin To Launch $275 Million Transformation and Expansion Project
The Walt Disney World Swan and Dolphin | October 29, 2024
LAKE BUENA VISTA, Fla. – Oct. 29, 2024 – The Walt Disney World Swan and Dolphin announced the largest renovation and expansion in the property’s history, highlighted by the addition of 120,000 square feet of event space to its current meeting and convention floorplan. The entire project is an investment of $275 million over the next several years and will also include modernized upgrades to existing meeting spaces and Swan guest rooms; and technology enhancements throughout the property. The expansion will bring the triplex’s total meeting space to 469,000 square feet between its three buildings, the Swan, Dolphin and Swan