Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
North America Hoteliers Say PVNG Accounting Software From Aptech Is ‘Grrreat!’
Aptech | January 30, 2024
For the second consecutive year the family owned and operated financial management software company has been named a ‘Finalist’ in the HTR ‘Best Finance & Accounting Software’ popularity index PITTSBURGH, January 30, 2024 — Bigger does not mean better. But better is how companies thrive. Such is the case for Aptech. PVNG by Aptech was recently named a finalist in the Hotel Tech Report “Best Finance & Accounting Software” 2024 popularity index for the second consecutive year. At the core of Aptech’s success is its deep and personal relationships with its customers – people the family-owned and operated financial ma...
Jonas Hospitality Introduces Its Latest Brand, Jonas Unify
Jonas Unify | January 30, 2024
Jonas Hospitality is proud to introduce its newest brand, Jonas Unify™. Jonas Hospitality is a family of technology brands serving the hospitality industry that utilize cutting-edge technology solutions to meet critical business needs. Jonas Unify solves the industry’s customer data problem by creating a master record accessible across your entire tech stack, removing silos from disparate systems while ensuring data accuracy and security. With Jonas Unify, property and guest data will sync throughout your tech stack, keeping your staff connected and your guests satisfied. Jonas Unify is built on Jonas ARC™, a proven, open integrat...
Brooklyn Continues to Blossom in the Post-Pandemic Period
Patricia Shih | January 29, 2024
By Patricia Shih The Brooklyn hotel industry has been experiencing post-pandemic recovery due in part to strong leisure demand, an increase in meeting and group business, and the gradual return of commercial demand. Additionally, the New York City Department of Homeless Services and related entities have been utilizing many hotels as temporary shelters for homeless residents and migrants/asylum seekers. While the Brooklyn new supply pipeline is substantially smaller than that of Manhattan, the borough has recently experienced supply changes, some examples of which are listed below. The 216-key Moxy Brooklyn Williamsburg opened in M...
How Centralized Data Powers Sonesta’s Award-Winning Loyalty Program
Hapi | January 29, 2024
After growing through acquisition, Sonesta turned to Hapi to centralize and normalize guest data from multiple Property Management Systems across its various brands in real-time, which will power a new Customer Data Platform. Boston-based Sonesta International Hotels was founded nearly 100 years ago, but it was just over the past few years that Sonesta kickstarted its growth trajectory to becoming a global hotel powerhouse. Even before the acquisition of Red Lion Hotels in 2021, which added more than 1,000 franchised and managed properties and pushed Sonesta over the 1,200 properties mark, Sonesta had standout hotels in Los Angeles, Chicag...
Las Vegas Forecasted for Highest Hotel ADR in Super Bowl History
STR | January 29, 2024
HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for 9-11 February 2024, which would be the highest level for any Super Bowl weekend on record, according to STR. The market is projected for a Friday through Sunday night occupancy of 87.9%. That level combined with an ADR of US$573 would result in revenue per available room (RevPAR) of US$504. For comparison, the Formula One Vegas Grand Prix that took place in November 2023 produced an actualized ADR of US$502, netting a RevPAR of US$390 over the Thursday through Saturday period. “The Super Bowl’s unique volume of demand, driven by not...
April Opening Planned for The Riding Academy Hotel in Ocala, Florida
World Equestrian Center | January 29, 2024
OCALA, Fla. (January 29, 2024) – Joining The Equestrian Hotel on the World Equestrian Center campus in Ocala, Florida, The Riding Academy Hotel — set to open April 1 — will offer 390 additional rooms and suites to visitors looking to stay on-site and experience what has often been called “Disneyland for horse lovers.” Guests will feel right at home in The Riding Academy Hotel, which offers many similarities to its luxurious sister hotel on property while embracing a unique identity of its own. Subtle equestrian and academic design details have been thoughtfully placed throughout the hotel, including equestrian-inspired carpet, st...
Monte-Carlo Beach Welcomes René Blino as New Managing Director
Monte-Carlo Société des Bains de Mer | January 29, 2024
René Blino joined Monte-Carlo Société des Bains de Mer Group on 15 January 2024, taking over from Danièle Garcelon as Managing Director of Monte-Carlo Beach. After a long and distinguished career with our company, Danièle, who has perfectly represented the "Beach" for over 20 years, passes on the torch to an esteemed professional in the contemporary luxury hotel industry. René Blino began his career in retail before joining the hotel industry 15 years ago. He joins us from Paris, where he was Managing Director of Hôtel Madame Rêve, a five-star hotel with 82 rooms, renowned for its two-time Michelin-starred restaurant, led by chef St...
Sheraton Stonebriar Hotel Completes Multimillion Dollar Renovation
SHERATON STONEBRIAR | January 29, 2024
Frisco Texas Hotel Upgrades All Guest Rooms, Meeting and Public Spaces and Fitness Center FRISCO, TX (Jan. 29, 2024) – Sheraton Stonebriar Hotel, located at the Stonebriar Commons in Frisco, Texas, announces the completion of a multi-million dollar renovation. The comprehensive renovation touches all areas of the hotel including guest rooms, meeting and public spaces, as well as the fitness center. Upon arrival, guests will be greeted with a sleek and welcoming ambiance that is woven in throughout the entire property. Emerson, the full-service restaurant on property, has a new look creating an inviting atmosphere and features inn...
Lendlease Completes Historic Renovations at IHG Army Hotels Organ Mountains Inn in New Mexico
Lendlease | January 29, 2024
(Nashville, Tenn., January 29, 2024) Lendlease, a global integrated real estate group, and IHG® Army Hotels announced today that renovations are complete at Organ Mountains Inn, a historic hotel located within New Mexico’s prestigious White Sands Missile Range. Renovations were carefully executed to achieve Historia Collection™ designation - a distinguished recognition for hotels that seamlessly blend rich history with modern amenities. Comprising three buildings, Organ Mountains Inn features 58 guest rooms including a variety of one- and two-bedroom standard rooms and suites with kitchenettes and two Distinguished Visitor Quarters p...
Fortune Hotels Increases Its Tamil Nadu Footprint With Fortune Hosur
Fortune Park Hotels Ltd | January 29, 2024
Marks its 51st hotel opening in the country and fifth hotel opening in the state New Delhi, 29 January 2024: Fortune Hotels, a member of ITC’s hotel group, announces the launch of its new upscale hotel, Fortune Hosur, in the historic city of Tamil Nadu. Nestled in the heart of the bustling industrial district of Krishnagiri, Fortune Hosur promises to be a haven of class and comfort, offering a seamless blend of enthusiastic hospitality and premium services. Strategically located off the Bangalore-Chennai highway, Fortune Hosur is beset in the commercial nucleus of the town offering easy access to key cities like Salem, Vellore, Madura...
Megan Ferguson Appointed Director of Sales and Marketing at The Ritz-Carlton New York, Central Park
The Ritz-Carlton Hotel Company | January 29, 2024
The Ritz-Carlton Central Park, New York - the iconic property located in Midtown Manhattan - is delighted to announce the appointment of Megan Ferguson as their new Director of Sales and Marketing. Stepping into the role on January 22, 2024, Megan brings more than two decades of experience in ultra-luxury hospitality to this position. In her role, Megan will work closely with operations and sales & marketing teams and will be responsible for successfully driving top line revenues across all segments. Most recently, Megan was Director of Sales at Lotte New York Palace - a role she held for eight years - where she was responsible for th...
Vision Hospitality Group Plans Q2 2024 Opening of Moxy Boulder
Moxy | January 29, 2024
BOULDER, CO – [January 29, 2024] The Nichols Partnership and BMC Investments, in collaboration with Vision Hospitality Group, announce the anticipated debut of the Moxy Boulder located in Boulder, Colorado. The long-anticipated Moxy Boulder is slated to open early in the second quarter of 2024 and will mark the first hotel to open in Boulder since 2018. Moxy Hotels, a part of Marriott Bonvoy’s Distinctive Select portfolio, offer a playful hotel experience that steps outside of a conventional hotel stay and promotes a social center to both locals and adventure seeking travelers. Moxy Boulder, located at 1253 Pleasant Street, is strategica...
Hotels Will Pay Historic Wages, Generate Record Level of Tax Revenue in 2024
AHLA | January 29, 2024
Despite labor shortages and persistent inflation, industry recovery continues WASHINGTON (Jan. 29, 2024) – Hotels are projected to pay a record amount of wages and generate a record level of tax revenue in 2024, according to the American Hotel & Lodging Association’s 2024 State of the Hotel Industry report. The report, which forecasts that hoteliers will face continued challenges due to nationwide labor shortages while inching closer to 2019 occupancy levels, is based on data and analysis from Oxford Economics and was created in collaboration with AHLA Premier Partners STR, Avendra, Ecolab, Encore, JLL, Oracle, and Towne Park. Top...
Canada’s Hotel Construction Pipeline Closes 2023 With a 10% Year-Over-Year Project Increase
Lodging Econometrics | January 29, 2024
January 29, 2024 – PORTSMOUTH, NH – According to the year-end Lodging Econometrics (LE) Construction Pipeline Trend Report for Canada, the country ended 2023 at 294 projects/38,396 rooms, a mere 11 projects short of the country’s peak of 305 projects achieved in Q4 2019. Canada’s pipeline is up 10% by projects and 7% by rooms, year-over-year (YOY). At the close of 2023, there are 66 projects/8,998 rooms under construction, up 27% by projects and 36% by rooms YOY. Projects scheduled to start construction within the next 12 months are at 85 projects/9,810 rooms, while those in early planning are at 143 projects/19,588 rooms, up 12% b...
Powerhouse Hotel Leaders Join AHLA Executive Committee, Board of Directors
AHLA | January 29, 2024
Hilton’s Kevin Jacobs named 2024 board chair WASHINGTON (Jan. 29, 2024) – The American Hotel & Lodging Association (AHLA) today announced its 2024 officers, Executive Committee, and Board of Directors, all of which include some of the most influential leaders from all segments of the hospitality industry. Kevin Jacobs, Hilton’s Chief Financial Officer & President, Global Development, was named chair of the board; Vision Hospitality Group President & CEO Mitch Patel was named vice chair; Marriott International Group President, U.S. & Canada Liam Brown was named secretary/treasurer; and IHG Hotels & Resorts Chief...
HSMAI To Honor GCommerce Solutions With Three Adrian Awards for Outstanding Travel Marketing
GCommerce Solutions | January 29, 2024
Park City, Utah, January 29, 2024 – GCommerce Solutions will be honored for travel marketing excellence by the Hospitality Sales & Marketing Association International (HSMAI) at the annual Adrian Awards Celebration Award winners to be celebrated at an in-person event at the New York Marriott Marquis, on February 13, 2024. The Adrian Awards, now in their 67th year, are the largest and most prestigious competition in global travel marketing. For 2023, Adrian Awards are being presented for highlighting the stories of remarkable campaigns, ads, and experiences that sparked a love for travel, igniting a desire for exploration in travel...
85% of Global Markets Recovered RevPAR Last Year
CoStar Group | January 26, 2024
Analysis by Eddie Yeung Note: All financial figures presented in US$. STR's global “bubble chart” update for 2023 shows 85% of markets with revenue per available room (RevPAR) higher than 2019. In terms of top-line performance, that means most markets have recovered from the significant declines caused by the pandemic. Among countries with 50,000 rooms and adequate hotel reporting levels, Singapore, France, Switzerland, Ireland, and Greece led in RevPAR on an actual basis. Most of the above countries maintained relatively high levels in both average daily rate (ADR) and occupancy throughout the year. Ireland led all ...
Women in Saudi Arabia: Making Their Mark in the Hospitality Industry
Kaushiki Khanijo | January 26, 2024
By Kaushiki Khanijo Saudi Arabia’s vision 2030 Enabling and empowering Saudi women in every sector, utilizing their skills and potential for the progress and economic prosperity of the nation, is a fundamental aspect of Saudi Arabia's Vision 2030. With the goal of increasing women's engagement in the workforce to 30% by 2030, Saudi Arabia is committed to providing opportunities and support for women to thrive professionally. To accomplish this objective, Saudi Arabia has taken the lead in implementing a range of initiatives aimed at fostering a supportive atmosphere for the economic advancement of women. The country has embarked on a...
ALIS 2024 HVS Takeaways: Upbeat, Optimistic, and an Eye on Innovation
Rod Clough | January 26, 2024
By Rod Clough, Marcus Lee, John Berean, Eric Guerrero, Alice Sherman HVS was a proud sponsor of this year’s ALIS conference, and both our HVS Los Angeles leader Kirsten Smiley and our HVS San Francisco leader John Berean moderated educational and engaging panels at the event. Given that hotel performance metrics remain strong in most markets and difficulties persist in the office and multi-family sectors, both investors and lenders are finding hotels to be a particularly attractive asset class for 2024. Sentiment at the ALIS conference was upbeat, with participants and analysts buoyed by the improved lending economics as of Q4...
Pebblebrook Hotel Trust Announces the 12th Annual Pebby Award Nominations
Pebblebrook Hotel Trust | January 26, 2024
HOLLYWOOD, Calif.-- Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the nominations for its Twelfth Annual Pebby Awards. The Pebby Award nominees were chosen for their outstanding accomplishments in 2023, as determined by Pebblebrook’s selection committee. The 2024 Pebby Award nominees represent a diverse array of urban hotels and resorts. Leading the pack with multiple nominations are prestigious properties like Hotel Monaco Washington DC, The Westin Copley Place, Boston, and 1 Hotel San Francisco. This year's lineup not only showcases excellence but also sets the stage for what is anticipated to be the most rive...
Radisson Hotel Group Signs First Radisson RED Hotel in Berlin
Radisson | January 26, 2024
Radisson Hotel Group announces the signing of Radisson RED Berlin Kudamm, the Group’s first bold and cutting-edge upscale Radisson RED property in Germany’s capital, set to open in late spring 2024. Located just steps from Kurfürstendamm, commonly known as Ku'damm, Berlin's iconic boulevard and one of its most famous shopping streets, and within walking distance of the famed KaDeWe department store, the new Radisson RED Berlin Kudamm is perfectly situated for those looking to explore the city, with sights such as the Kaiser Wilhelm Memorial Church, the Berlin Zoo and sprawling Tiergarten park around the corner. Following an extensive ...
Hilton and the James Beard Foundation Evolve Partnership in Year Two, Honoring Excellence in Food and Beverage at the 2024 James Beard Awards
Hilton | January 26, 2024
Amplified partnership champions Hilton’s ongoing commitment to food & beverage innovation and culinary talent MCLEAN, Va. – Hilton today announced an expanded partnership with the James Beard Foundation, serving as an In-Association Sponsor of the 2024 James Beard Awards and Presenting Sponsor of the James Beard Restaurant and Chef Awards Outstanding Chef category. Following last year’s industry-leading partnership as the first global hospitality company to sponsor the Outstanding Bar category, this renewed support underscores Hilton's ongoing innovation in food and beverage and, this year, puts the spotlight on top-tier culinar...
Motto by Hilton Debuts in Peru with Opening of Motto by Hilton Cusco
Hilton | January 26, 2024
The property is a first in South America for Hilton’s growing lifestyle brand that helps guests live like a local CUSCO, Peru – Uniting centuries-old legacies with its urban aesthetic, Motto by Hilton makes its much-anticipated South American debut with the opening of Motto by Hilton Cusco. A more than $5 million investment in the center of the Imperial City, the 58-room architectural gem pays homage to Cusco’s intricate past, from the mysteries of the ancient Killke era to the opulence of the Inca dynasty. The hotel is ideally situated for guests to immerse themselves in the local culture and is steps away from Cusco’s most visi...
Juan Bochenski Joins Hotel Effie as New Executive Chef
Highgate | January 26, 2024
MIRAMAR BEACH, FL (January 26, 2024) – Sandestin Golf and Beach Resort announces the appointment of Juan Bochenski as executive chef of Hotel Effie. Bochenski assumes the position immediately, helming the kitchen at the hotel’s signature restaurant, Ovide, and overseeing all aspects of food and beverage operations across the hotel’s four restaurant outlets and in-room dining. In his new role, he supervises the culinary team, manages budgets and maintains the overall guest experience. Bochenski also works closely with local farmers and vendors to ensure the hotel restaurants continue to serve farm-fresh and sustainable ingredients when...
