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Ashford Group of Companies to Return PPP Funds
Ashford Group | May 4, 2020
DALLAS --Â May 4, 2020 --Â The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE:Â AHT) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE:Â BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk. Federal Government assistance is required to repair the most significant damage in history to U.S. hotels and hospitality businesses cause
7 Signs You Need Help With Your Business Guest Experience
Pierre Verbeke | May 4, 2020
By Pierre Verbeke When you’re in the hospitality business, you can’t afford to allow even one guest to have a poor guest experience. As savvy business owners know, one bad review can cascade into a waterfall of negative online commentary about your business. Once the word gets out that your staff doesn’t know how to treat guests, business guests will begin to dwindle until you find yourself struggling to rebuild a solid reputation as hospitality experts. Don’t let this happen to your hospitality business. Whether you’re running a hotel, convention center or any other kind of guest services company, it pays to recognize the sign
Commingle:Engage Offers Hotel Business Recovery Marketing Services
Lodging Interactive & Commingle:Engage | May 4, 2020
PARSIPPANY, NJ – May 4, 2020 – Commingle:Engage, the hospitality industry's premier provider of full-service social media marketing and guest reputation management services today, announced the launch of its hotel business recovery marketing services aimed to assist hotels with their re-opening and recovery stages. Commingle:Engage is providing ‘done for you’ multifaceted hotel business recovery marketing services for even the smallest of properties with plans starting at just $525 per month. “As our country begins to re-open and the hospitality industry moves towards the recovery phase, properties will need to effectively commun
Wyndham Hotels & Resorts Launches New “Count on Us” Initiative to Build Confidence Among Guests and to Support Franchisees
Wyndham Hotels & Resorts | May 4, 2020
PARSIPPANY, N.J., May 4, 2020 -- Highlighting its continued commitment to hotel owners, team members and guests, Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,300 hotels across 90 countries, today launched "Count on UsSM,"Â a new long-term, multi-faceted initiative to build confidence among guests and to support franchisees as it begins making preparations to welcome travelers back to its more than 6,000 U.S. hotels. Launch of the new initiative follows dialogue and collaboration with Wyndham franchisees, members of its Franchise Advisory Councils, leading industry partners, and ke
IHG Signs With Asia Pacific Hotels for Management of Fiesta Resort & Spa Saipan
IHG | May 4, 2020
IHG has signed a long-term agreement with Asia Pacific Hotels Inc to take on management of Fiesta Resort & Spa Saipan, in the Commonwealth of Northern Mariana Islands, from May 20201. The impressive 416-room hotel will rebrand as Crowne Plaza® Resort Saipan in 2022 following a refurbishment, before adding a 116-room extension by 2025. Alongside IHG’s October announcement that it has taken on management of the 318-room Fiesta Resort Guam, a hotel that will rebrand as a Crowne Plaza in 2021, the combined 850 room count makes the biggest ever conversion signing for IHG’s Australasia, Japan and Pacific Islands region. Saipan is t
Marriott, Hilton, and IHG Account for 69% of the Projects in the U.S. Hotel Construction Pipeline at the Close of the First Quarter of 2020*
Lodging Econometrics | May 4, 2020
May 4, 2020 – PORTSMOUTH, NH – According to the United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of the first quarter of 2020 are Marriott International with 1,556 projects/204,244 rooms, followed by Hilton Worldwide with 1,413 projects/161,743 rooms, and InterContinental Hotels Group (IHG) with 954 projects/97,547 rooms. Combined, the brands of these three franchise companies comprise 69% of the projects in the total U.S. pipeline. The leading brands by project count for these three companies continue to be Hilton’s Home2 Suite
Oetker Collection Appoints Dr. Timo Gruenert as New Chief Executive Officer
Oetker Collection | May 4, 2020
May 4, 2020 --Â Oetker Collection introduces its new Chief Executive Officer, Dr. Timo Gruenert. Dr. Gruenert will take over leadership of the company on May 1st, 2020, succeeding Mr. Frank Marrenbach. Dr. Gruenert began his career with the Oetker Group as Assistant to the Managing Partner in 2005 after receiving his PhD from University of Giessen with a thesis on Mergers & Acquisitions in corporate crisis. In 2009, Dr. Gruenert co-led the founding of Oetker Collection and has served as Co-Managing Director and Chief Financial Officer ever since. Over the past eleven years, Dr. Gruenert has overseen the steady growth of Oetker Collecti
U.S. Travel Industry Releases Guidance for “Travel in the New Normal”
U.S. Travel Association | May 4, 2020
WASHINGTON -- May 4, 2020 -- Following a collaboration between medical experts and a broad array of businesses and organizations, the U.S. travel industry submitted to the White House and governors a document containing detailed guidance for travel-related businesses to help keep their customers and employees safe as the country emerges from the COVID-19 pandemic. Entitled "Travel in the New Normal," the document describes vigorous measures the travel industry will follow to reduce the risk of COVID-19 and help to communicate across each and every step of a traveler's journey. The goal: to allow travel to safely resume as states and munic