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STR: U.S. Hotel Performance for October 2020
STR | November 18, 2020
HENDERSONVILLE, Tennessee—The U.S. hotel industry showed slightly lower performance from the month prior, according to October 2020 data from STR. October 2020 (percentage change from October 2019): Occupancy: 48.3% (-30.1%) Average daily rate (ADR): US$97.61 (-26.8%) Revenue per available room (RevPAR): US$47.13 (-48.8%) Occupancy remained flat from the previous month, while the ADR and RevPAR levels came in lower than September. More recently, November weekly data showed that occupancy reached its lowest level since the week of June 14-20. Among the Top 25 Markets, Oahu Island, Hawaii, reported the lowest October occ
Four Seasons Hotel Kuala Lumpur Welcomes New General Manager Alex Porteous
November 18, 2020
Alex Porteous makes the move from Kyoto to Kuala Lumpur as General Manager at Four Seasons Hotel Kuala Lumpur, now entering its third year of operations. A seasoned hotelier, Alex comes to his newest role with more than 27 years of Four Seasons experience – a tenure that’s spanned seven properties, three hotel openings and several industry accolades. He first visited Malaysia’s vibrant capital back in 1993, while journeying on the legendary Eastern & Oriental Express. “I’ve had an unbreakable connection with the country ever since,” he smiles, recalling the numerous Tan Sris, Puan Sris, Datos, Datins and Malaysian business
HFTP Announces HITEC 2021 for September 27-30 in Dallas, Texas USA
HFTP | November 18, 2020
Hospitality Financial and Technology Professionals (HFTP®) is pleased to announce that HITEC North America 2021 will be held in-person on September 27-30 at the Kay Bailey Hutchison Convention Center in Dallas, Texas USA. Traditionally held in June, the Hospitality Industry Technology Exposition and Conference (HITEC®) has been pushed back to give the hard-hit hospitality industry an opportunity to build positive momentum as it recovers from the pandemic-related slow-down. In addition, HFTP will co-locate its Annual Convention with HITEC Dallas, presenting an information-packed event to benefit multiple hospitality industry segments and sta
The Loss of One Youth or Amateur Sports Tournament Costs a City an Average of $360,000 in Hotel Revenue
EventConnect | November 18, 2020
New data from EventConnect reveals the enormous economic impact on cities from the loss of youth or amateur sports tournaments due to COVID-19 LONDON, Ontario--November 18, 2020--Today, EventConnect, the leading provider of event and sports tourism management software, announced findings showing the significant economic impact felt by cities from the loss of youth and amateur sports tournaments a result of the COVID-19 pandemic. The findings from EventConnect’s internal database of over 4,000 events, 400 associations, 15,000 hotels, and 800 cities revealed that the cancellation of just one tournament costs a city an average of $360,000.
Mind the Generation Gap! Generational Differences in Hospitality
Kimberly Yoong | November 18, 2020
By Kimberly Yoong A look at how to navigate the generational stereotype minefield that has some hospitality brands scratching their heads. With all the age-related differences and particularities that exist among Baby Boomers, Generation X, Millennials and Gen Z-ers, it would be tempting, but ultimately a mistake, to focus primarily one generation based solely on demographics. Instead, developing a clear brand mindset that includes more behavioral themes such as authenticity, community, transparency and life experience could be more beneficial and attractive in the long run. Who are the real big spenders? A Gen X-er and a Gen Z-er wal
Choice Hotels Announces Three New Leaders
Choice Hotels | November 18, 2020
ROCKVILLE, Md., Nov. 17, 2020 -- Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, has announced three new leaders to advance the company's corporate priorities and drive growth. These include: Jonathan Mills joins Choice Hotels as chief executive officer for Choice Hotels Europe, where he will oversee the company's continued investments in Europe for franchisees and guests. In this position, Mills is responsible for setting the strategic and operational direction for the company in Europe with a goal of driving growth and performance. He will lead all business and franchising opera
Why There Is Hope Amid the Despair for the Hospitality Industry
Sherif Mamdouh | November 18, 2020
By Sherif Mamdouh A version of this article was previously published on Bilan.ch Deserted airports, lists of countries not to visit, historically low occupancy rates for hotels, unable to crawl back beyond the 10% mark. Unsettling tales abound, and for good reason: we’re facing a violent reality made of layoffs, financial distress, bankruptcies and uncertainty. In this most worrying context, solidarity and compassion must be shown towards the thousands of employees pushed into precarious situations. After this time of empathic reflection, the tourism industry must reflect on its own existential situation.What is really going on? Wh
Hospitality Data Alert: Top U.S. Thanksgiving Destinations by Hotel Occupancy
Amadeus Hospitality | November 18, 2020
Based on hotel bookings for the week of November 22-28, Amadeus sees potential improvement in Thanksgiving holiday forward-looking occupancy compared to Labor Day As Americans approach what is traditionally the busiest travel day of the year – the day before Thanksgiving – many people want to know if it will maintain its status, albeit under very different circumstances as COVID-19 cases continue to rise again. Amadeus, a global leader in travel technology, with its unique ability to track forward-looking occupancy in major markets around the world, is seeing a positive trend in U.S. hotel bookings the week of Thanksgiving. While overa