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STR: Canada Hotel Results for Week Ending 4 July
STR | July 9, 2020
HENDERSONVILLE, Tennessee—STR data for 28 June through 4 July 2020 shows Canadian hotel performance up slightly from previous weeks with the same significant level of year-over-year declines. In comparison with the week of 30 June through 6 July 2019, the industry reported the following: Occupancy: -59.6% to 28.9% Average daily rate (ADR): -33.1% to CAD121.68 Revenue per available room (RevPAR): -73.0% to CAD35.16 The previous three weeks produced absolute occupancy levels of 27.5%, 25.6% and 23.6%. Two provinces reached a 30% occupancy level: British Columbia (40.8%) and Manitoba (31.3%). Vancouver (30.8%) was the only
Margaritaville Welcomes New Hotel Collection: Compass by Margaritaville
Margaritaville | July 9, 2020
ANNA MARIA ISLAND, Fla., July 9, 2020 - On July 15 the first Compass by Margaritaville, Compass Hotel Anna Maria Sound, will open as the newest addition to the brand's expanding portfolio of concepts, offering guests a fresh way to relax, rejuvenate and escape the everyday, in a more intimate hotel setting. Developed by Floridays Development Company and managed by Hostmark Hospitality Group, Compass Hotel Anna Maria Sound is situated on a 220-acre private island community. The first-of-its-kind hotel combines the brand's signature casual luxury with convenience and comfort on Florida's Gulf Coast. "As a global lifestyle brand, it's of
Hyatt Bringing Alila Brand to Southern California With First New-Build Resort in the Americas
Alila | July 9, 2020
CHICAGO (July 9, 2020) – Hyatt Hotels Corporation (NYSE: H) announced today plans for the first new-build Alila resort in the Americas, located in Encinitas, Calif., a quintessential beach town in San Diego’s North County Coastal region. Developed by JMI Realty and Fenway Capital Advisors, Alila Marea Beach Resort Encinitas will add to Hyatt’s growing Alila brand portfolio, joining Ventana Big Sur, an Alila Resort, as the brand’s second hotel in California and the U.S., along with 14 other luxury properties worldwide. The Alila brand features luxury hotels and resorts in unique locations, distinguished by innovative eco-design, a stro
Investable Hotel Market in Germany Hit All-Time High in 2019 – Consolidation Expected
July 9, 2020
The investable hotel market in Germany has grown to EUR 61.1 billion over the last 12 years. Even during the financial crisis of 2008/2009 the market expanded slightly overall. The latest calculations by Union Investment and bulwiengesa show that the investable hotel market in Germany increased in value by around 6.3 per cent compared to 2018 (EUR 57.5 billion). As in previous years, growth in 2019 (prior year: +9.5 per cent) was due to sustained strong new-build activity in the hotel sector (= quantity effect) and increasing asset values (= performance effect), reflecting the excellent tourism and property market environment in Germany in 20
The Tuxon, Newest Member of Marriott International’s Design Hotels Portfolio, Features Furnishings by Eclipse Hospitality
Eclipse Hospitality | July 9, 2020
PHOENIX, July 9, 2020 - After months of renovation and construction, the newest member of Marriott International’s Design Hotels portfolio, The Tuxon, opened July 3rd in Tucson, Arizona with casegoods manufactured by Phoenix-based Eclipse Hospitality. The Tuxon, pronounced “Tuck-son,” a playful nod to visitors to Tucson who mis-pronounce the silent “c” in the city’s name, joins Marriott’s elite group of more than 300 hotels located around the globe that promise their guests an immersive local experience. The Tuxon is set to be the first Marriott Design Hotels property in Arizona. “Furnishing The Tuxon was a beginning-to-end
Gulph Creek Hotels Opens Four Points by Sheraton in Newton, Massachusetts
Four Points by Sheraton | July 9, 2020
The Four Points by Sheraton Boston Newton has officially opened. Catering to the needs of today’s everyday traveler, the hotel offers approachable design, stylish comfort and all the brand’s popular extras including a 24-hour fitness center, heated pool, fast and free Wi-Fi throughout the hotel, and the Best Brews program. The Four Points Boston Newton underwent a major renovation starting in October. The renovation included all guestrooms, meeting rooms, restaurant, lobby and public spaces. Some of the notable changes include; larger bathrooms on the executive floors, high-speed Cat 6 wiring throughout to ensure a fast Internet connec
Four Seasons Hotel Atlanta Appoints Nancy Chacon as New General Manager
Four Seasons Hotels and Resorts | July 9, 2020
Four Seasons Hotel Atlanta welcomes General Manager Nancy Chacon to the city’s leading hotel. A nearly 30 year veteran with Four Seasons Hotels and Resorts, Chacon’s invaluable experience and insights began in San Francisco as a front desk agent in 1991. Since then, she has proven her impact in a variety of roles at Four Seasons properties in Los Angeles; Austin; Scottsdale; Caracas, Venezuela; Punta Mita, Mexico; Buenos Aires, Argentina; and most recently, Baltimore, Maryland, where she served as Hotel Manager. Atlanta marks her eighth hotel with the company. "I’m elated about my move to Atlanta, where I look forward to experienc
Hotel Operators Must Be flexible, Be Lean and React Quickly to Change, Says HVS Webinar Panellists
HVS | July 9, 2020
09 July 2020, London: Financing the cost of re-opening the hotel sector was the hot topic tackled in the second hotel webinar organised by global hotel consultancy HVS, legal firm Bird & Bird, EP Hospitality and AlixPartners, which was held yesterday [8th July]. The seminar, with nearly 350 industry executives attending, kicked off with an overview from EP Hospitality chief executive Chris Sheppardson, who said that Covid-19 was “the greatest catalyst for change for the last 60 years”. It’s vital, he said, to share information and communicate as noone has ever experienced anything with such a far-reaching impact.AlixPartners’ m