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Dusit Hotels & Resorts Returns to India with Upcoming Opening of dusitD2 Fagu in the Himalayas
Dusit International | October 17, 2024
Bangkok, Thailand, 17 October 2024 – Dusit Hotels and Resorts, under Dusit International—one of Thailand’s leading hotel and property development companies—announces its return to India with the anticipated soft opening of dusitD2 Fagu. This luxurious retreat, set amidst the serene mountains of Fagu, near Shimla, is scheduled to open its doors in December 2024, offering an exceptional blend of Thai hospitality and local charm. Surrounded by the majestic Himalayan landscape, dusitD2 Fagu promises a tranquil escape for leisure, wellness, and adventure seekers alike. The property features 80 elegantly appointed guest rooms, ranging fro
Loews Hotels & Co, in Partnership with Universal Orlando, Set to Open Universal Helios Grand Hotel in Tandem with Opening of Universal Epic Unive...
Loews Hotels & Co | October 17, 2024
Orlando, Fla. (Oct. 17, 2024) – Loews Hotels & Co, co-owner and operator of the hotel portfolio at Universal Orlando Resort, announces the much-anticipated opening date of the company’s third hotel coming to Universal Epic Universe next year. Universal Helios Grand Hotel, a Loews Hotel will start taking reservations October 22 for bookings beginning May 22, 2025. The company is in the midst of unprecedented growth as it prepares to also open Universal Stella Nova Resort and Universal Terra Luna Resort in 2025. Bringing the Orlando hotel portfolio to a total of 11 hotels and 11,000 guest rooms, Universal Helios Grand Hotel combines
Tasmania’s First DoubleTree by Hilton Debuts in Hobart
DoubleTree by Hilton | October 17, 2024
Highly anticipated hotel brings Hilton's renowned service and exceptional stays to Tasmania. Hobart, TAS – 17 October, 2024 - Hilton (NYSE: HLT) today announced the opening of DoubleTree by Hilton Hobart, a newly built 206-room hotel on Macquarie Street, Hobart. The hotel provides exceptional views of both Kunanyi/Mount Wellington and the Derwent River waterfront and enjoys easy access to the city’s cultural attractions. The hotel is managed by Hilton and marks the first Hilton hotel in Tasmania. Hilton area vice president and head of Australasia, Paul Hutton, said that “DoubleTree by Hilton Hobart will bring a uniquely Tasmanian flav
Four Seasons and AGC Equity Partners Announce Plans for Luxury Resort in Mykonos, Greece
Four Seasons Resort Mykonos | October 17, 2024
Expansion of Four Seasons portfolio in Greece will feature a new beachside property nestled within the soaring cliffs and crystal blue waters of Kalo Livadi Bay TORONTO, Oct. 17, 2024-- Leading luxury hospitality company Four Seasons and Blue Iris Investments S.A, ('Blue Iris'), an investment vehicle of AGC Equity Partners ('AGC'), a global alternative asset investment firm, announce plans for a brand new beachside resort that will welcome its first guests in summer 2025. Located along the coastline of Kalo Livadi Bay, Four Seasons Resort Mykonos, Greece will offer 94 spacious rooms, villas and suites with exquisite views of the Ae
Wyndham Inks Development Agreement to Bring Microtel by Wyndham Brand to India
Wyndham Hotels & Resorts | October 17, 2024
LONDON, Oct. 17, 2024 -- Wyndham Hotels & Resorts has signed an exclusive development agreement with NILE Hospitality LLP to introduce its Microtel by Wyndham brand to India, marking the eighth Wyndham brand to debut in the country. This strategic alliance enables Wyndham to leverage a leading regional third-party developer and operator to bring its award-winning brand to India. With Wyndham's global presence and NILE's expertise across India, the Company anticipates opening 40 Microtel hotels by 2031, all of which will be direct franchisees of Wyndham, as part of its ambitious and robust growth strategy. The agreement underscores
Helsinki Named World’s Most Sustainable Travel Destination
Helsinki | October 17, 2024
The Global Destination Sustainability Index measures the sustainability of travel destinations in four different categories using more than 70 indicators. The comparison includes more than a hundred cities throughout the world that have invested in sustainability. Helsinki has performed well in the GDS Index in the past: in 2023, our ranking was fourth. “Being named the world's most sustainable travel destination is proof of the long-term work that has been done in Helsinki. We are developing and growing tourism sustainably together with tourism operators and local residents. The first place we have now achieved indicates that we are o
Rio de Janeiro’s Room Rates Jumped to Eight-Year High Thanks to Rock in Rio
CoStar Group | October 17, 2024
WASHINGTON – 17 October 2024 – Boosted by the Rock in Rio music festival, Rio de Janeiro’s hotel industry reached its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) in eight years, according to September preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. September 2024 (year-over-year % change): Occupancy: 71.5% (+10.3%) ADR: BRL907.20 (+35.5%) RevPAR: BRL648.33 (+49.4%) The only month with higher ADR and RevPAR in Rio was August 2016 during the Summer Olympics. The first night of the R
U.S. Hotel Results for Week Ending 12 October
CoStar Group | October 17, 2024
WASHINGTON – 17 October 2024 – Helped by the Columbus Day/Indigenous Peoples' Day calendar shift, the U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through 12 October. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 6-12 October 2024 (percentage change from comparable week in 2023): Occupancy: 70.3% (+2.4%) Average daily rate (ADR): US$166.88 (+1.4%) Revenue per available room (RevPAR): US$117.28 (+3.8%) Among the Top 25 Markets, New Orleans saw the largest performance lifts across each of