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STR: U.S. Hotel Results for Week Ending 10 October
STR | October 15, 2020
HENDERSONVILLE, Tennessee— U.S. hotel weekly occupancy hit 50% for just the second time since the low point of the pandemic, according to the latest data from STR through 10 October. 4-10 October 2020 (percentage change from comparable week in 2019): Occupancy: 50.0% (-29.2%) Average daily rate (ADR): US$97.67 (-25.9%) Revenue per available room (RevPAR): US$48.85 (-47.5%) While a handful of the highest occupancy markets were those in areas affected by natural disasters (i.e. California wildfires), Saturday produced the week’s highest occupancy (65.2%) and ADR (US$110.84), indicating that the leisure and weekend staycatio
STR: Canada Hotel Results for Week Ending 10 October
STR | October 15, 2020
HENDERSONVILLE, Tennessee—STR data for 4-10 October 2020 showed slightly lower performance from prior weeks for Canada’s hotel industry. 4-10 October 2020 (percentage change from comparable week in 2019): Occupancy: 32.2% (-54.0%) Average daily rate (ADR): CAD115.03 (-27.9%) Revenue per available room (RevPAR): CAD37.09 (-66.8%) Occupancy for previous weeks came in at 34.0% (3 October), 35.6% (26 September), and 37.0% (19 September), respectively. For the week ending with 10 October, British Columbia (41.2%) was the only province to reach or surpass a 40% occupancy level. Among the major markets, Vancouver saw the
Ritualizing The Customer Experience
Shep Hyken | October 15, 2020
By Shep Hyken I love hanging around smart people, and my friend Todd Hartley is one of the very smartest. He runs WireBuzz, an agency that uses videos to help their clients sell and service their customers, clients, guests, etc. He was interviewing me for his podcast and used the phrase, “ritualize the experience.” He used it in passing, but I realized this is a rock-solid concept that is appropriate for everyone in any company and any industry. I wrote those three words down so I wouldn’t forget them and then thought about them for the next few hours. Ritualizing the experience starts by understanding the process around y
Rosewood Hotels & Resorts Partners With CTF Amsterdam for Rosewood Amsterdam
Rosewood Hotels & Resorts | October 15, 2020
HONG KONG, Oct. 15, 2020 - Rosewood Hotels & Resorts® has been appointed by CTF Amsterdam B.V. to manage Rosewood Amsterdam, which will open in 2023 as the ultra-luxury hospitality group's eleventh property in Europe and first in the Netherlands. Housed in the former Palace of Justice, a building of great architectural, historical and social significance that overlooks the Prinsengracht (the Prince's Canal), one of the city's most beautiful waterways, in the UNESCO World Heritage listed Amsterdam Canal District. The hotel will be ideally situated near many of Amsterdam's finest attractions including the museum district, the high-end s
Lowe and Atlas Hotels Unveil Top-to-Bottom Renovation of San Diego’s Iconic Town and Country Resort
Lowe | October 15, 2020
SAN DIEGO - Lowe and Atlas Hotels today announced the completion of the team’s comprehensive, multi-million-dollar renovation and repositioning of the 675-room Town and Country resort in San Diego. The vast 40-acre urban resort hotel and conference center is located on Hotel Circle North in Mission Valley. “Our reveal of the new Town and Country resort is the culmination of several years of thoughtful design and development work to realize our vision for this expansive property as a modern resort destination, equally attractive to leisure, business and convention visitors,” said Rob Lowe, co-CEO of Lowe. “Our redevelopment program
U.S. Hotel Development Cost Survey 2020
Luigi Major | October 15, 2020
By Luigi Major In 2019, the national lodging market reached new heights, with hotels reporting the highest occupancy and ADR levels ever recorded. Similarly, hotel development continued at a steady pace, with new hotels opening to a burgeoning market and new and exciting projects continuously being moved through the development pipeline. Since the start of the COVID-19 pandemic, government restrictions, travel and group cancellations, and an overall fear of traveling have caused an unprecedented drop in travel and tourism demand in the country and around the world, which has resulted in substantially lower occupancies and average rates. T
Autograph Collection Hotels Introduces The Prince Kyoto Takaragaike, Autograph Collection Hotel to Japan
Autograph Collection Hotels | October 15, 2020
“We are excited to expand the Autograph Collection portfolio in Japan with the brand’s 3rd hotel in the country, said Rajeev Menon, President, Asia Pacific (excluding China), Marriott International. “The Prince Kyoto Takaragaike perfectly highlights Autograph Collection’s promise of showcasing experiences that are informed by unique perspectives on craft and hospitality. This opening reinforces Marriott International’s commitment to continue expanding its footprint across Japan.” The hotel is conveniently located within walking distance to Kokusaikaikan Station, and is approximately 58 kilometers from Osaka International Airpor
TownePlace Suites by Marriott Capitol District Opens in Nashville, Tennessee
TownePlace Suites by Marriott | October 15, 2020
NASHVILLE (OCTOBER 15, 2020)— A joint venture development between Chicago-based The Gettys Groupand Deep Cove Partners announces today the grand opening of the TownePlace Suites by Marriott Capitol District in Nashville, TN on October 15, 2020. Located at 310 Gay Street, the TownePlace Suites by Marriott Capitol District is the first hotel to open in Nashville’s Capitol District and the third largest TownePlace Suites by Marriott by total rooms in the world. “We are excited to be part of the incredible community that makes Nashville a sought-after destination,” says TownePlace Suites Capitol District General Manager Robby Gilreat