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María Quintero of HVS Middle East & Africa is the 2024 Recipient of the ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consultin...
The International Society of Hospitality Consultants | October 24, 2024
Dubai, United Arab Emirates, 24 October 2024: The International Society of Hospitality Consultants (ISHC) has named María Quintero of HVS Middle East & Africa as the recipient of the annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. María was honored at the ISHC annual conference held 26-28 September at the St. Regis Dubai, The Palm. As the winner, María received a one-year associate membership to ISHC to further professional relationships and experience all that the Society has to offer through planned events and networking with top hospitality industry consultants from around the globe. Quintero is
Introducing: LUCID, The Next Generation of Content Manager
Leonardo | October 24, 2024
Leonardo is excited to announce the launch of LUCID Content Manager, the future of hotel content distribution. Our new platform is the next generation of our enterprise media distribution platform. Leonardo has been distributing hotel photos and other media for over 20 years. We have long been at the forefront of distribution innovation, and we’re excited to continue in that role with our new system. With this new platform, we’re expanding the capabilities of our technology beyond media. LUCID Content Manager distributes all static or descriptive hotel content to travel channels. We now have brand-approved textual content like contact in
HSMAI Announces 2024 Sales Career Achievement and Professional of the Year Honorees
HSMAI | October 24, 2024
McLean, VA (Oct. 24, 2024) – The Hospitality Sales and Marketing Association International (HSMAI) is proud to introduce the 2024 Career Achievement and Sales Professional of the Year award recipients who will be celebrated during HSMAI’s Sales Leader Forum on Nov. 13, 2024 in Washington D.C. The following hospitality executives have showcased exceptional talent, a deep passion for their profession, and outstanding expertise in hotel sales. HSMAI’s Award for Career Achievement in Sales Dan Surette, Chief Sales Officer, Omni Hotels & Resorts Dan Surette is chief sales officer at Omni Hotels & Resorts where he leads the
U.S. Hotel Construction Increased for Seventh Consecutive Month
CoStar Group | October 24, 2024
WASHINGTON – 24 October 2024 – The volume of U.S. hotel rooms under construction increased year over year for a seventh consecutive month, according to CoStar’s September 2024 data. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. U.S. Hotel Pipeline September 2024 (percentage change from September 2023) In construction: 157,253 rooms (+7.0%) Final Planning: 268,190 rooms (+10.4%) Planning: 336,205 rooms (+38.4%) “Growth in rooms in construction has accelerated over the last seven months,” said Isaac Collazo, STR’s VP, analytics
Hotel Pipeline Activity Increased Globally, Except for Europe
CoStar Group | October 24, 2024
WASHINGTON – 24 October 2024 – Europe is the only world region with lower hotel pipeline activity year over year, according to September 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. September 2024 (% change in comparison with September 2023): Europe In construction: 163,135 rooms (-1.0%) Final Planning: 87,779 rooms (-21.9%) Planning: 162,275 rooms (+1.7%) Total Under Contract: 413,189 rooms (-5.4%) Among countries in the region, Germany (27,175) led in construction activity, closely followed by the U.K. (24,733).
U.S. Hotel Results for Week Ending 19 October
CoStar Group | October 24, 2024
WASHINGTON – 24 October 2024 – The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 19 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 13-19 October 2024 (percentage change from comparable week in 2023): Occupancy: 70.1% (+1.6) Average daily rate (ADR): US$169.85 (+2.5%) Revenue per available room (RevPAR): US$119.01 (+4.2%) Among the Top 25 Markets, Tampa saw the largest occupancy lift (+23.6% to 83.7%), due to continued displacement demand from Hurricane Milton. Miami
77% of Global Markets Grew RevPAR Against Last Year, Japan Generating More Momentum
CoStar Group | October 24, 2024
Analysis by M. Brian Riley Note: All financial figures presented in US$. STR's global "bubble chart" update for the four weeks ending 12 October 2024 shows 77% of markets with year-over-year growth in revenue per available room (RevPAR). That was a substantial 14-point increase in the proportion of global hotel markets experiencing matched period RevPAR gains in last month's update Among countries with 50,000 rooms and sufficient hotel reporting levels, Greece ($255), Singapore ($241), Italy ($240), France ($232), and Switzerland ($196) posted the highest RevPAR on an actualized basis. That was the same set of countri
B·Hospitality Completes Portfolio-Wide Implementation of Aptech’s PVNG Hotel Accounting Solution at Bayfront Inn 5th Avenue
Aptech | October 24, 2024
PITTSBURGH – October 24, 2024 – Aptech, a leading provider of enterprise accounting, business intelligence, financial planning and management solutions for the hospitality industry, today announces that B·Hospitality has implemented Aptech’s award-winning enterprise accounting solution, PVNG, at its luxury property, Bayfront Inn 5th Avenue in Naples, Florida. This rollout completes the seamless implementation of the solution in all three of Ontario-based B•Hospitality’s North American hotel properties. Known as a leading provider of back office and accounting solutions for the hospitality industry, Aptech has more than 50 years of