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Baird/STR Hotel Stock Index rises 1.7% in May
Baird | June 9, 2020
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 1.7% in May to a level of 3,232. Year to date through the first five months of 2020, the stock index was down 38.7%. “Hotel stocks were relatively flat in May, which reflected underperformance during the first part of the month but a sharp reversal in the back half of May as the broader re-opening trade gained momentum and stock prices recovered,”said Michael Bellisario, senior hotel research analyst and director at Baird. “Industry data continues to be less bad on a sequential weekly basis, and investors’ worst-case zero-occupancy scenarios, which incl
The Imminent Influx of Call Volume
Travel Outlook Hotel Reservations Call Center Services | June 9, 2020
Get the Most Revenue from Each Call The hospitality industry has never faced a challenge quite like this. COVID-19 has brought the industry to its knees, and despite lockdown measures being steadily eased, it’s clearly going to take time for the hospitality sector to recover. Yet travel demand will inevitably grow (as we’re now seeing in our call volume at Travel Outlook), which means US hotels need to capitalize on all new reservation inquiries. But will hotels have enough onsite staff to pick up the phone? Reassuring guests in uncertain times Some US hotels have already started reopening their doors, but occupancy levels remai
Nobody Asked Me, But… No. 232: Hotel History: Union Station Hotel
Stanley Turkel | June 9, 2020
By Stanley Turkel, CMHS Hotel History: Union Station Hotel, Nashville, Tennessee, (125 rooms) Long before it was a historic hotel, the Nashville, Tennessee Union Station was a key center in America's economy and transportation. Opening on Oct. 9, 1900, for the Louisville & Nashville Railroad, the building's imposing Gothic design featuring a soaring barrel-vaulted ceiling and Tiffany-styled stained glass, was a testament to U.S. ingenuity and energy. During railroading's glory years, Mafia kingpin Al Capone was escorted through here on his way to the Georgia penitentiary. Other fascinating facts surrounding this historic Nashville s
Vakkaru Maldives Appoints Janice Tan as the New Director of Sales and Marketing
Vakkaru Maldives | June 9, 2020
Baa Atoll, Republic of Maldives, June 2020 - Vakkaru Maldives is delighted to announce the appointment of Janice Tan as its new Director of Sales and Marketing. Commencing at the Mandarin Oriental, Bangkok her two-decade-long career in luxury hospitality has included stints in Beijing and Singapore but has most commonly included roles at the Maldives’ leading resorts. She arrives at Vakkaru Maldives with an innate understanding of what makes holidaying in this idyllic island nation so special. A sales and marketing veteran, Janice brings a wealth of experience, vision and connections and will help to define the strategies that
Hospitality Ventures Management Group (HVMG) Assumes Management of Four-Hotel Portfolio
Hospitality Ventures Management Group | June 9, 2020
ATLANTA, (June 9, 2020)—Hospitality Ventures Management Group (HVMG), an Atlanta-based, private hotel investment, ownership and management company, today announced it has assumed management of a four-hotel portfolio of upper upscale and upscale independent and Hilton-branded hotels located in Fla., Okla., and Texas. The 248-room Hilton Dallas/Southlake Town Square, the 227-room Hilton St. Petersburg Carillon Park, the 161-room Hilton Garden Inn Oklahoma City Airport and the 139-room Islander Resort on the beach in Islamorada, Fla., are owned by Hobbs & Curry Family Limited Partnership, LLP, a private owner and developer of hotels acro
RLH Corporation Appoints John Russell Chief Executive Officer
RLH Corporation | June 9, 2020
DENVER, CO. - June 9, 2020 - Red Lion Hotels Corporation (the “Company”) (NYSE: RLH), today announced John J. Russell, Jr., has been appointed Chief Executive Officer. Mr. Russell, an industry veteran with more than 40 years of hospitality experience, has been serving as RLHC’s interim CEO since December 3, 2019. Carter Pate, Chairman of the Board stated, “We are very pleased to be appointing John as Red Lion’s permanent CEO. Since joining RLHC, John has helped refocus the Company on supporting its franchisee relationships and cultivating franchise growth. He also has helped effectively navigate through this in
Unlock New Possibilities With Contactless Access Control
ID&C | June 9, 2020
Florida based company, ID&C, helping to provide solutions to protect hotel staff and guests As the world emerges from self-isolation and people begin to travel once again, is your property ready with a plan for how you are keeping your hotel staff and guests safe? Now is the time to offer the option for your guests to purchase contactless access control products, such as “single use” pre-packaged RFID wristbands and key cards. With the increased need to ensure proper sanitation and health standards everywhere, it's important to secure your venue and easily identify your authorized guests. ID&C offers RFID and non-RFID contac
TraknProtect Launches TraknKleen™ Technology Solution to Promote Hotel Cleanliness, Guest Safety and Wellbeing
TraknProtect | June 9, 2020
Staff safety solution innovator releases housekeeping app to improve protocol SOPs and brand standards to meet guest expectations in a post-COVID world Chicago – June 9, 2020 – TraknProtect, a pioneer of location-based technology purpose-built for the hotel environment, today announces the launch of TraknKleenTM, a new IoT technology solution designed to help hotels further enhance housekeeping operations, while providing guests with security and peace of mind during post-COVID travel. TraknKleenTM trilaterates data from multiple sources, such as housekeeping carts, I.D. cards, cleaning supplies, and other assets, to automatically trac