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Laurent Ebzant Promoted to Area Vice President & General Manager of Park Hyatt New York
Park Hyatt New York | October 1, 2024
NEW YORK (October 1, 2024) - Park Hyatt New York, the five-star award-winning hotel located on Manhattan’s Billionaires’ Row, proudly announces the promotion of General Manager Laurent Ebzant to Area Vice President/General Manager. In addition to his duties as General Manager of Park Hyatt New York, Ebzant will report to Yvette Edwards, Senior Vice President, Field Operations at Hyatt, to support operations teams within the Park Hyatt portfolio across the Hyatt Americas region. “Laurent’s extensive experience and knowledge of the luxury segment make him an invaluable asset to Hyatt and the ideal executive to take on the new role o
The Impact of Natural Disasters on Hotel Occupancy in Florida
Allison Fogarty | October 1, 2024
By Allison Fogarty For years, I’ve analyzed sharp fluctuations in hotel occupancy levels across several Florida markets, and one recurring explanation has been “disaster recovery.” In regions prone to hurricanes, fires, and floods, disaster recovery can significantly boost demand for hotels, even as some properties suffer damage or destruction. In the aftermath of Hurricane Helene, it's a timely reminder for lodging developers and analysts that the hospitality industry often experiences contrasting outcomes: while some hotels are devastated, others see a surge in demand. The Aftermath of Hurricane Helene Hurricane Helene touched grou
Cloudbeds and Mirai Join Forces To Transform Hotel Distribution and Marketing
Cloudbeds | October 1, 2024
San Diego, CA – Cloudbeds, the premier hospitality management software platform, and Mirai, a leader in hotel distribution technology and direct booking optimization, have today announced a strategic partnership aimed at transforming how hotels manage bookings, distribution, and marketing. The agreement will provide joint customers with advanced tools to optimize their direct bookings, streamline their operations, and expand their digital marketing efforts. By integrating Cloudbeds’ property management system (PMS) with Mirai’s technology, Cloudbeds properties will gain access to Mirai’s robust distribution network and powerful
A Brief Guide to Maximizing the Marketing and Buyer Activity of Your Hotel Listing
James Rebullida | September 30, 2024
Hotels are one of the few commercial real estate asset classes that have an operating business component. As such, selling a hotel is a complex process that requires strategic planning and execution to attract the most suitable buyer to successfully complete the transaction. As a hotel owner considering selling your property, you must understand how to maximize the marketing exposure and buyer activity for your listing. Here at HVS Brokerage & Advisory, we strive to follow a few key principles and best practices to enhance your property’s appeal, streamline the sale process, and ultimately secure a highly qualified buyer. These princip
Hilton Annual Trends Report Predicts 2025 to Be the ‘Year of the Travel Maximizer’
Hilton | September 30, 2024
MCLEAN, Va. – 2024 was the Year of the Great Recharge, where sleep retreats made headlines, mindful drinking rose in popularity and wellness-themed guest rooms took off. Today, as the post-pandemic leisure travel boom normalizes, travelers surveyed in Hilton’s annual Trends Report are looking to pair their desire to relax and recharge with high-impact adventures and experiences to maximize their time and financial investment. “Our 2025 Trends Report uncovers what has been simmering for years – the intersection of work and play; of relaxation and adventure; of being alone but together. Travelers don’t just want to choose their o
Hyatt Announces Plans for Two Hotels in Magna, NEOM’s Luxury Coastal Destination
Hyatt Hotels Corporation | September 30, 2024
Park Hyatt and Andaz brands are set to debut in Jaumur, a cosmopolitan luxury marina community located in Magna on the stunning coast of the Gulf of Aqaba. Redefining coastal luxury for a new generation, Park Hyatt Jaumur and Andaz Jaumur Marina will offer personalized experiences for visitors seeking indulgence and adventure against a backdrop of awe-inspiring natural beauty. Chicago (September 30, 2024) – Hyatt proudly announces plans for the debut of two Hyatt-branded hotels in Jaumur, one of Magna’s destinations, located on the coast of Gulf of Aqaba. Park Hyatt Jaumur and Andaz Jaumur Marina will mark a significant milestone in t
Tech-Enhanced Slumber: Why Hotels Are Investing in Sleep Innovations That Range From Affordable to Extravagant
Ivana Johnston | September 30, 2024
By Ivana Johnston, Co-founder and CEO of Puzzle Partner Ever noticed how a good night's sleep can make or break a trip? Well, the savviest hotels sure have. They’re not just fluffing pillows anymore; they’re pulling out all the stops, using the latest tech to ensure you get those much-needed Zs. The idea of sleep tourism is growing faster than you might think. According to HTF Market Intelligence, we're looking at an impressive growth of nearly 8%, adding over $400 billion by 2028. That's right—hotels worldwide are pulling out all the stops for our bedtime routines. Picture this: serene settings, cutting-edge sleep technology, a
IHG Hotels & Resorts Renews Strategic Partnership With APSN
IHG Hotels & Resorts | September 30, 2024
Singapore – 30 September 2024: IHG Hotels & Resorts and APSN strengthens their long-term strategic partnership with a three-year MOU renewal agreement to support APSN’s students and trainees across all IHG hotels and its office in Singapore. The multi-year agreement, the second consecutive MOU signed between the two parties, includes philanthropy, advocacy, volunteering, and employment opportunities. IHG hotels in Singapore will provide full-time employment opportunities, on-the-job training and internships, and regular social activities for students in the hotels, where APSN students and trainees take on front office roles