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Viewline Resort Snowmass, an Autograph Collection Hotel, Appoints New General Manager, Gregg Fracassa
Viewline Resort Snowmass | August 29, 2024
ASPEN, CO. (August 29, 2024) – Viewline Resort Snowmass, an Autograph Collection Hotel and mid-mountain resort in the heart of Colorado’s Snowmass Village, announces the appointment of Gregg Fracassa as General Manager. With over 25 years of experience, Fracassa brings his passion for community and genuine relationships to the sophisticated 254-room Viewline Resort Snowmass, where he will oversee day-to-day operations. In his new role as General Manager, Fracassa will lead the strategic implementation of key business initiatives, along with forthcoming operational updates and his contagious enthusiasm for innovative approaches to hospital
Hilton Plans Expansion to New Country in the Caribbean and Latin America With Dual Brand Signing in Guyana
Hilton | August 29, 2024
GEORGETOWN, Guyana and MIAMI – Today, Hilton (NYSE: HLT) announced the signing of the dual brand Hilton Georgetown and DoubleTree Suites by Hilton Georgetown, as the company’s first hotels in Guyana. Owned by an affiliate of Assets Group and managed by Hilton, the properties’ combined 411 keys will form part of an oceanfront, mixed-use business and entertainment complex in the country’s capital. With this strategic signing, Hilton continues its rapid expansion in the Caribbean and Latin America (CALA) region, where it currently has more than 225 open hotels welcoming guests. “We believe in investing in Guyana, a country poised
Key International and Wexford Real Estate Investors Launch Renovation of Fort Lauderdale Marriott Pompano Beach Resort & Spa
Key International | August 29, 2024
Pompano Beach, Fla. August 29, 2024– Key International and Wexford Real Estate Investors have initiated the renovation of the Fort Lauderdale Marriott Pompano Beach Resort & Spa. This comprehensive project will completely reimagine the beachfront resort pool and spa, all 219 guest rooms and suites as well as the lobby, restaurant, bar and guest arrival experience. The development firms tapped design studio Urban Robot Associates, known for redesigning The Boca Raton Beach Club, the 1 Hotel Beach Club, The Standard Residences and Pastis Wynwood. “We are thrilled to start this significant renovation project,” said Diego Ardid, C
Hospitality Upgrade Announces the Recipient of the John Cahill Student Seat for the 2024 CIO Summit
The CIO Summit | August 29, 2024
College of Hospitality, University of Nevada, Las Vegas Student Selected ATLANTA, August 29, 2024– Hospitality Financial and Technology Professionals (HFTP®) and Hospitality Upgrade today announced the recipient of the 2024 John Cahill student seat is Andrew Pham, a student at the College of Hospitality, University of Nevada in Las Vegas (UNLV). In its 22nd year, the upcoming CIO Summit will be held Sept. 4-6, 2024, at the Thompson Hotel by Hyatt in Nashville, Tennessee. The John Cahill Honorary Seat is awarded to one distinguished student from a selected university or four-year college with a hotel program. This student is recommend
The Power of Persistence: A Revenue Manager’s Lesson From Milan
Fabian Bartnick | August 28, 2024
By Fabian Bartnick A skill every revenue manager needs! I forgot about it. Now it's back 🙂 It all began during our journey to Milan last week. My family and I were listening to the Million Dollar Weekend podcast, which featured a discussion about the power of follow-up and how every “no” can breed countless opportunities for sales. Downside none, upside unlimited. It was an insightful session, but it wasn’t until later that evening, when we took the tram home from seeing the city, that the lesson truly hit home. The Persistent Power of a Nine-Year-Old After we arrived in Milan and settled in, went for dinner and took the tr
Here’s Why Your Fancy Hotel Website Is Not Converting
Simone Puorto | August 28, 2024
By Simone Puorto And if that sounds just like business common sense, a ton of studies and industry literature prove that this simple integration can boost conversion rates up to 40% (source: AZDS Interactive Group ). ONYX Hospitality Group observed a 40% increase in conversion rates following the integration of SynXis into their site; similarly, TFE Hotels experienced a 21% rise in conversion rates after redesigning their websites with integrated booking engines, while Loews Hotels & Co saw a 30% increase in direct bookings. And the list goes on Ad Infinitum. Quoting these case studies might seem overkill, as this is a no
Hospitality Industry Statistics To Have on Your Radar 2024
EHL | August 28, 2024
The hospitality industry is a vast sector with many different sub-sectors that include recreation, lodging, entertainment, food and beverage which are constantly evolving. Due to the overwhelming amount of data available today, it has become increasingly challenging for industry players to gather all the necessary hospitality statistics to keep up with the latest trends. As a result, staying informed and up-to-date has become an impossible task. Despite being an exhilarating career path with many avenues that demand a diverse skill set, the hospitality industry is currently struggling to fill open positions. This is partly due to the chan
Australia’s Hotel Capital Markets See Bifurcation Across 1H 2024
JLL | August 28, 2024
In the current hotel investment environment, we’re witnessing just how crucial strong underlying real estate fundamentals are when it comes to desirability amongst investors and resultant pricing. Like what’s being experienced across the broader CRE sector, certain assets are standing out amongst the pack. As we discussed in our previous article, year-to-date Australian transaction volumes remain subdued as the cost of debt drives a bifurcation of hotel capital markets, with the mid-markets (≤A$40 million) segment of the market having been the most active for the year to date and seeing the greatest depth in capital. Hotel fundame