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Hilton Goa Resort Opens in India With 104 Guestrooms
Hilton Hotels & Resorts | November 4, 2020
GOA, India - Hilton (NYSE: HLT) today announced the opening of Hilton Goa Resort under the hotel company’s flagship brand, Hilton Hotels & Resorts. This opening marks Hilton’s third property in Goa. Located atop the scenic, terraced slopes of Saipem Hills, overlooking the Nerul River, the resort extends Hilton’s signature hospitality and tranquil retreat to leisure and business travelers. The chic full-service resort is 34 kilometers from the Goa International Airport and is ideally located 10 minutes away from the popular Candolim and Calangute beaches. The resort is operated by Hilton and owned by Soham Leisure Ventures Pvt. Ltd.
Hilton Reports Third Quarter Results
Hilton | November 4, 2020
MCLEAN, Va. - Hilton Worldwide Holdings Inc. ("Hilton" or the "Company") (NYSE: HLT) today reported its third quarter 2020 results. The following results reflect the material impact that the novel coronavirus ("COVID-19") pandemic has had on Hilton's business. Highlights include: Diluted EPS was $(0.28) for the third quarter, and diluted EPS, adjusted for special items, was $0.06 Net loss was $81 million for the third quarter Adjusted EBITDA was $224 million for the third quarter System-wide comparable RevPAR decreased 59.9 percent on a currency neutral basis for the third quarter from the same period in 2019 Approved 17,400
Great Wolf Resorts Names Tim Brown Chief Development Officer
Great Wolf Resorts, Inc. | November 4, 2020
CHICAGO (Nov. 4, 2020) – Industry veteran Tim Brown, who brings a proven track record of leadership in hotel and resort development with tenures at a number of large corporations, has been named Chief Development Officer for Great Wolf Resorts, Great Wolf Resorts CEO Murray Hennessy announced today. Brown, who begins his new duties as CDO in early December, will lead Development for Great Wolf Resorts at a time when the Company is poised to expand its “paw print” nationally. “As we look to expand the Great Wolf Lodge resort experience to new markets, and make significant investments into our existing resort locations, we are ex
RIP BookingSuite: Protecting Your Hotel’s Digital Assets
Vikram Singh | November 4, 2020
By Vikram Singh On November 30th of this year, Booking/Priceline is shutting down its BookingSuite product, likely affecting hundreds of hotels worldwide. In short, they will stop running websites, booking engines, and revenue management software for their hotel clients. Even with the volume of hotels they amassed on their platform, the headache is clearly not worth it to them anymore. Sadly, they timed the shutdown during the toughest year on record for the hotel and travel industry. In addition to dealing with the pandemic, hotels on their platform now need to gather their digital assets and go vendor hunting. That’s not an easy task e
Nobody Asked Me, But… No. 239: Hotel History: The Algonquin Hotel, NY (1902)
Stanley Turkel | November 3, 2020
by Stanley Turkel, CMHS Hotel History: The Algonquin Hotel (181 rooms) The Algonquin Hotel was originally planned as an apartment hotel with the idea of renting unfurnished rooms and suites on yearly leases to permanent tenants. When few leases sold, the owner decided to turn it into a transient hotel, which he was going to name “The Puritan”. Frank Case, the first general manager, objected and told the owner “it… contradicts the spirit of innkeeping. It is cold, forbidding and grim. I don’t like it.” When the owner replied, “You think yourself so smart, suppose you find a better name,” Case went to the public library to
UK Looks Set to Lose 2.4M Jobs in 2020 Due to COVID-19 and Travel Restrictions, Says WTTC
WTTC | November 3, 2020
03/11/2020 - UK looks set to lose 2.4m jobs in 2020 due to COVID-19 and travel restrictions, says WTTC New figures reveal small, but positive job gains driven by air corridors In present circumstances, 1.9m UK Travel & Tourism jobs already lost Worst forecast can be avoided through international cooperation London, UK: A staggering 2.4 million jobs could be lost in the UK Travel & Tourism sector in 2020 if barriers to global travel remain place, the World Travel & Tourism Council (WTTC) revealed. The new figure comes from WTTC’s latest economic modelling, which looks at the punishing impact of COVID-19 and tr
Preliminary 2021 Lodging Industry Forecast
Robert Rauch | November 3, 2020
[embed]https://www.youtube.com/watch?v=ehDvSoNCbE4&feature=youtu.be[/embed] By Robert Rauch We have made some assumptions for 2021 – first, Q4 2020 and Q1 2021 will remain flat as corporate business begins to build just as leisure business begins to decline. Second, a stimulus package is imminent right after the election, regardless who wins. The politics of this election, coupled with the divisiveness of the nation, has disrupted everything except for the stock market. Third, gross domestic product will increase about 3% after being down close to 5% in 2020. Our favorite economist, Bernard Baumohl sees a Biden victory as better fo
Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo Opens in South Africa
Radisson | November 3, 2020
Brussels/Johannesburg - November 3, 2020 - Radisson Hotel Group is proud to announce the debut of its fourth brand in South Africa, the upscale Radisson, with the opening of Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo. This new addition further strengthens the group’s presence in one of its key African markets and brings the South African portfolio to 16 hotels in operation and under development. Located in an exclusive private location in Bredell tucked away from city life, Radisson Hotel & Convention Centre, Johannesburg, O.R. Tambo offers a peaceful stay with an array of exclusive facilities and services to s