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Aimbridge Hospitality Selected to Manage Atlanta Marriott Alpharetta
Aimbridge Hospitality | September 25, 2020
Aimbridge Hospitality, the leading, global, third-party hotel management company with more than 1,400 branded and independent properties across 49 states and 20 countries, has been selected to manage the Atlanta Marriott Alpharetta. With specialized operating expertise across all verticals and a deep understanding of full-service properties, Aimbridge Hospitality leverages their scale to add resources, efficiencies and proprietary tools while keeping their operating acumen focused on nuance. “We are honored to be the designated management company for Atlanta Marriott Alpharetta, and we look forward to leverage Aimbridge’s experience to
Hyatt Place Moncton-Downtown Opens in New Brunswick
Hyatt Place | September 25, 2020
MONCTON, New Brunswick (September 25, 2020) – Hyatt Place Moncton-Downtown, the first Hyatt Place branded hotel in Atlantic Canada is officially open, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members. The new hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings. Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate experience for today’s multi-tasking trav
Second Wave Brings Uncertainty to Business Travel Recovery
The Global Business Travel Association | September 25, 2020
Attention turns to 2021 as two-thirds of companies plan return to in-person events Alexandria, VA (September 24, 2020) – The majority of Global Business Travel Association (GBTA) companies expect their employees to return to in-person events in 2021. Almost half (45%) expect attendance to resume in the first half of the year, according to the latest poll conducted between September 15-19, 2020, by GBTA, with an additional 25% expecting a return to in-person events in the second half of 2021. While most do not expect their company to host in-person meetings, events or conferences in 2020, there is growing optimism for 2021, with 37% ex
U.S. Hotel Profitability Improvements Slow in August
STR | September 25, 2020
BROOMFIELD, Colorado—Improvements in U.S. hotel profitability metrics slowed in August, according to STR‘s latest monthly P&L data release. In a year-over-year comparison with August 2019, the industry reported the following: GOPPAR: -91.3% to US$6.90 TRevPAR: -74.5% to US$55.72 EBITDA PAR: -112.1% to US$-6.96 LPAR (Labor Costs): -64.4% to US$27.19 “Overall profitability (GOPPAR) remained in positive territory for a second straight month, but the incremental improvements we had seen over the previous two months slowed,” said Raquel Ortiz, STR’s assistant director of financial performance. “Even though Augus
U.S. Only Region to Not Return to Profitability; China Hits 2019 Levels
HotStats | September 25, 2020
Hoteliers outside the U.S. have cause for muffled celebration: Europe, Asia-Pacific and the Middle East all showed positive gross operating profit per available room (GOPPAR) in August. The U.S. now becomes the only region that has yet to turn a positive month of profit since the COVID-19 pandemic took hold. Meanwhile, China is showing a true V-shaped recovery in profit, having matched December 2019 GOPPAR in August. One thing is sure, the global hospitality industry will be tested in the months to come, as the summer months give way to the fall and winter, where a dip in travel, particularly on the leisure side, is typical. This, compound
Sonesta Adds Sonesta Atlanta Northwest Galleria
Sonesta | September 24, 2020
Newton, MA (September 24, 2020) – Sonesta International Hotels Corporation is thrilled to introduce Sonesta Atlanta Northwest Galleria, expanding the brand’s national footprint in this key tourism and business region. With the addition of this hotel, Sonesta now has nearly 60 properties operating in the United States and over 80 properties operating worldwide. Sonesta Atlanta Northwest is the fifth Sonesta property in the greater Atlanta. Sonesta Atlanta Northwest Galleria, formerly Wyndham Atlanta Galleria, is in the heart of the city’s cultural attractions. Within minutes of the hotel, enjoy shopping at Cumberland Mall or a day
Radisson Signs Radisson Blu Hotel, Sheffield in the UK
Radisson Blu | September 24, 2020
Radisson Hotel Group is pleased to announce the signing of Radisson Blu Hotel, Sheffield, expanding the brand’s UK presence in collaboration with the local city council as part of its flagship Heart of the City II development. The brand-new hotel, opening in 2023, will be housed in the striking Victorian architecture of Pinstone Street featuring 154 light, airy and spacious rooms with a prominent location including views of the Peace Gardens. The stylish property will also offer multi-functional and flexible meeting and events spaces as well as a modern gym for guests. The property will feature a high-end rooftop restaurant and bar lookin
Preferred Hotels & Resorts Announces Winners of Annual Awards of Excellence and GIFTTS Pineapple Award Initiatives
Preferred Hotels & Resorts | September 24, 2020
NEW YORK, NEW YORK: Preferred Hotels & Resorts - the world’s largest independent hotel brand - is pleased to announce the winners of its annual Preferred Awards of Excellence and GIFTTS Pineapple Award initiatives. These awards recognize independent hotels and individual hoteliers represented within the brand’s worldwide portfolio that went above and beyond in their commitment to delivering meaningful travel experiences and selfless acts of genuine hospitality to their guests and local communities in 2019. “We are thrilled to recognize the incredible efforts of these member hotels and their strong leaders for continuously demonst