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Kimpton Key West Adds Ella’s Cottages to Collection
Kimpton Key West | November 5, 2020
KEY WEST, Fla. (November 5, 2020) – Kimpton Hotels & Restaurants announces the November 15 opening of Ella’s Cottages, the fourth of five properties to open in the new Kimpton Key West collection located throughout the island’s Old Town historic district. Joining the recently opened Winslow’s Bungalows, Lighthouse Hotel and Fitch Lodge, Ella’s Cottages is located just steps from lively Duval Street and features 22 guestrooms and cottages, including five suites. The final property in the collection, Ridley House, is slated to open in early 2021. Beckoning guests to unwind by its secluded pool or wander through its lus
Five-Star Park City Hotel Finds Success With Digital Marketing During COVID-19 Shutdown
GCommerce | November 5, 2020
Park City, UT, November 5, 2020- Five-Star Park City hotel, Stein Eriksen Lodge, partnered with GCommerce to run digital marketing efforts during COVID-19 to maintain brand awareness in key markets in order to secure market share upon reopenings. Being aware that the Stein Eriksen Lodge name and brand would still have interest for online searchers even during their pandemic closure, GCommerce kept the “lights on” with paid search brand and name terms to ensure searchers would find Stein Eriksen Lodge’s website when thinking of future stays and vacations throughout the Spring of 2020. “Nobody knew what to expect when the COVID-19
Ryman Hospitality Properties, Inc. Reports Third Quarter 2020 Results
Ryman Hospitality Properties, Inc. | November 4, 2020
NASHVILLE, Tenn., Nov. 04, 2020 -- Ryman Hospitality Properties, Inc. (NYSE: RHP), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, today reported financial results for the third quarter ended September 30, 2020. Third Quarter 2020 Highlights: Third quarter 2020 gross advanced room night bookings of approximately 669,000 room nights for all future periods, of which approximately 158,000 or 24% were unrelated to rebooking efforts Year to date through September 30, 2020 rebooked room nights of approximately 1.01 million room
Summit Hotel Properties Reports Third Quarter 2020 Results
Summit Hotel Properties | November 4, 2020
AUSTIN, Texas, Nov. 4, 2020 -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the third quarter ended September 30, 2020. "We were encouraged by the significant improvement in demand during the third quarter as our portfolio RevPAR more than doubled from the second quarter driven by improved short-term leisure demand and significant market share gains. Our monthly corporate cash burn rate has been reduced by nearly 70% which has significantly extended our liquidity runway as our disciplined focus on cost controls and refining of an already efficient operating model lead to improved hotel-level pr
Doubling Down on Revenue Management for Post-Pandemic Success
Larry Mogelonsky | November 4, 2020
By Larry Mogelonsky, MBA, P. Eng. (www.hotelmogel.com) One of the most worrisome aspects of how COVID-19 has affected the hotel industry is that we have had to furlough many of our best people. This doesn’t necessarily have to be the case, though. My hope in writing about the following management company is that hotel owners and operators can see that often a more bullish approach can work to maintain property solvency and even grow topline revenues in a depressed travel landscape. I’ve known members of the senior team at Newport Hospitality Group (NHG) for nearly two decades now, always admiring their commitment to developing thoro
Can Leisure and Work-From-Home Demand Stimulate Extended-Stay Hotel Growth Beyond Covid-19?
Linchi Kwok | November 4, 2020
By Linchi Kwok The lodging industry is struggling to fill the empty rooms in 2020. For months, U.S. hotels are running at an occupancy of 50% or lower. Not every segment suffers the same impact from the pandemic, however. Demand for home-sharing facilities had already bounced back over the summer. Airbnb reported a higher booking than last year. Marriott’s home-sharing arm is also doing well, seeing a sevenfold increase in booking over last summer. Similar to what a residential rental or home-sharing facility offers, guestrooms in extended-stay hotels also feature a full-size kitchen or a kitchenette. Extended-stay hotels are desi
Winner! Winner! Chicken Dinner!
Shep Hyken | November 4, 2020
By Shep Hyken This is a crazy idea, but hear me out. When I was a kid, we had home-cooked meals almost every night. I thought my mom was the greatest cook in the world. She could make the best chicken. As a matter of fact, she made chicken almost every night. It turns out she could follow a recipe and had bought a book that had 365 chicken recipes—one for each day of the year. I remember the day she came home with the cookbook. As a kid, I never tired of the taste of chicken. Can’t say my adult pallet would enjoy such monotony, but I digress. I started thinking about all those chicken recipes. There were so many: fried chicken,
New Rush Street Gaming Casino Approved by Voters in Portsmouth, Virginia
Rush Street Gaming | November 4, 2020
PORTSMOUTH, Va. & CHICAGO - A great new place to work and play is coming to Portsmouth, Virginia. Chicago-based Rush Street Gaming will develop and operate the latest addition to its growing portfolio of gaming and entertainment venues—Rivers Casino Portsmouth. On Nov. 3, Portsmouth voters greenlighted Rush Street’s $300 million casino project planned for Victory Boulevard. Rivers Casino Portsmouth will bring 1,300 permanent jobs and 1,400 temporary construction jobs to the currently vacant site. As the anchor of Portsmouth’s up-and-coming Entertainment District, the new Rivers Casino includes plans for a hotel, indoor and ou