Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
U.S. Group Revenue Recovery in Q4 Hits 110 Percent According to Hospitality Group and Business Performance Index by Knowland and Amadeus
KNOWLAND | January 25, 2024
Group business up across key metrics in 4Q2023, providing stability for hotels going into 2024 ARLINGTON, Va. — Jan. 25, 2024 — Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, and Amadeus, a global leader in hospitality technology, today present the metrics from the companies’ Hospitality Group and Business Performance Index (the “Index”). The fourth quarter of 2023 demonstrated that group business in 10 of the top markets in the U.S. has recovered 110 percent compared to the same time in 2019. Group bookings are calculated using occupancy and average daily rate (A...
AI + Hotels = An Operational Dream
ShiftDigital | January 25, 2024
The rise of AI in the hospitality industry is transforming the very essence of hotel operations, charting a new era for hoteliers worldwide. People, processes, and profits. That’s the operational trifecta every hotelier seeks to master—optimize people and processes to increase profits. But in today’s climate, hotel operations have never been more complex. From workforce challenges to inefficient processes and antiquated systems that directly impact the bottom line, many hoteliers today are questioning how they will solve the profit part of the operational equation. But what if there was a solution that could help address the entir...
IHG Opens New Candlewood Suites Atlanta Smyrna
IHG Hotels & Resorts | January 24, 2024
Smyrna, Georgia (Jan. 24, 2024) – InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, announces the opening of the new-build 93 room Candlewood Suites Atlanta Smyrna ® in Smyrna, Ga. The hotel is being managed by Sandpiper Hospitality, a Virginia-based hotel management company with vast expertise in the extended-stay segment. The hotel is located near Truist Park, which is home to the Atlanta Braves, Wellstar Cobb and Piedmont Hospitals, along with several large corporate headquarters including QuickTrip, Papa Johns and The Weather Channel. It is also in close proximity to Hartsfield Jackson Atlanta A...
STR, TE Maintain Projections in First U.S. Hotel Forecast of 2024
STR | January 24, 2024
HENDERSONVILLE, Tennessee—STR and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 just released at the Americas Lodging Investment Summit (ALIS). For 2024, growth in average daily rate (ADR) was raised by 0.1 percentage points, while occupancy and revenue per available room (RevPAR) were unchanged from the previous forecast. For 2025, growth projections for each of the key performance metrics were downgraded due to the long-term, average trends beginning to stabilize: occupancy (-0.1 ppts), ADR (-0.3 ppts) and RevPAR (-0.5 ppts). “U.S. ADR and RevPAR reached record ...
Pan Pacific Hotels Group Expands Into the Heart of Jakarta’s CBD With Opening of PARKROYAL Serviced Suites
Pan Pacific Hotels Group Limited | January 24, 2024
The opening of PARKROYAL Serviced Suites Jakarta will be PPHG’s first foray into the city Singapore, January 24, 2024 – Pan Pacific Hotels Group (PPHG) announces the opening of PARKROYAL Serviced Suites Jakarta in January 2024. Designed by acclaimed architect Kohn Pedersen Fox Associates, PARKROYAL Serviced Suites Jakarta is well positioned within levels 73 to 82 of Luminary Tower at the Thamrin Nine development and dominates the central district skyline at an impressive height of 304 meters across 95 levels. The PARKROYAL brand is synonymous with the celebration of local culture and serves as a gateway to vibrant destinations and cult...
Turnberry To Develop The St. Regis Nashville and The Residences at The St. Regis Nashville
Turnberry | January 24, 2024
NASHVILLE, Tenn., Jan. 24, 2024 - Turnberry, one of the premier real estate developers in the U.S. and a leading owner and operator of luxury destinations, today announced that it will develop and operate The St. Regis Nashville and The Residences at The St. Regis Nashville. Located at 805 Demonbreun Street in Nashville, the new luxury offering is being designed by award-winning architect Morris Adjmi. It will feature interiors by the distinguished design boutique Meyer Davis, whose principals hail from Nashville, and internationally established Smallwood, Reynolds, Stewart, Stewart will serve as the architect of record. The St. Regis ...
Cardiff by the Sea Lodge Debuts Following Multimillion Dollar Renovation
DKN Hotels | January 24, 2024
Cardiff by the Sea, CA – January 24, 2024 – DKN Hotels today announced a fresh chapter in the life of its Cardiff by the Sea Lodge. The three-story hotel has a new look after a comprehensive revitalization to its exterior, rooftop deck, public spaces and all guest rooms. The 17-room hotel located at 142 Chesterfield Drive is owned and managed by DKN Hotels of Irvine, California. “Cardiff by the Sea Lodge has always been a favorite hotel for guests and locals alike and these enhancements elevate the experience for everyone,” says Shanna Davis, Senior Director of Marketing, DKN Hotels. “Every aspect of the renovation has been cura...
Red Jacket Resorts Transform Mid-Cape Hospitality With $40 Million Multi-Property Renovation Ahead of the 2024 Season
Red Jacket Resorts | January 24, 2024
Three South Yarmouth-based Oceanfront hotels Included in Phase One of Reinvention Plans Cape Cod, MA (January 24, 2024) - Red Jacket Resorts, a leading portfolio of Cape Cod-based destination resorts and one of the Mid-Cape’s largest independent hotel brands, has announced the first phase of a collection-wide renovation scheduled to be completed by May of this year, ahead of the region’s 2024 summer season. Three of its five mid-Cape properties - Red Jacket Beach Resort, Riviera Beach Resort and Blue Water Resort - will undergo a collective $40 million property-wide reinvention that includes 397 newly designed standard guestrooms, fami...
Rosewood Le Guanahani St. Barth Appoints Key Leadership
Rosewood Le Guanahani St. Barth | January 24, 2024
Rosewood Le Guanahani St. Barth, the legendary island escape on Saint Barthélemy, is pleased to announce four key appointments to their accomplished team of associates—Director of Sales and Marketing, Antoine Alsayah; Spa Director, Carole Primat; Director of Food & Beverage, Brice Favreau and Director of Rooms, Sybille Piquard. Reopened in 2021 under the Rosewood Hotels & Resorts umbrella following its closure in 2017, the resort has cemented its place as a top luxury destination for discerning travelers on the island of Saint Barthélemy, and across the Caribbean. These appointments will help to continue the resort’s growing ...
Park Hyatt Chicago Welcomes Corinna Wenks as New General Manager
Park Hyatt | January 24, 2024
CHICAGO, Il. – Park Hyatt Chicago, a reimagined 182-room hotel set in the lauded Gold Coast neighborhood, has announced the appointment of Corinna Wenks as the new General Manager. Formerly with the property from 2010 to 2015, Corinna rejoins the Park Hyatt Chicago family following her time with the Grand Hyatt Dallas Fort Worth and The Driskill in Austin, Texas. With more than two decades of extensive experience, Corinna brings a wealth of historical knowledge and proven success managing high-profile properties to continue to elevate Park Hyatt Chicago as a premier landmark destination for the discerning traveler. “I am honored to mak...
In the Fast Lane: The Top 8 Reasons Hospitality Is Marching Fast Toward Automation in 2024
Joe Vargas | January 24, 2024
By Joe Vargas 2024 marks the shift to automation as hotels, venues, and restaurants march fast toward new technologies to transform guest experiences and reduce costs. From mobile apps and self-service kiosks to AI-powered platforms, automation is becoming ubiquitous across hotels, restaurants, and travel businesses. Recent surveys show that over 80% of hospitality operators are integrating automated systems to streamline operations, reduce human error, and optimize performance. This move towards automation is driven by a convergence of factors - changing consumer preferences, labor shortages, rising operational costs, and the need fo...
The Hermosa Inn Appoints Brian Peterson as Executive Chef
THE HERMOSA INN, LON’S & LON’S LAST DROP | January 24, 2024
PARADISE VALLEY, AZ (January 2024) – Brian Peterson has been named Executive Chef at LON’s at the Hermosa, announced Noel Fulton, Managing Director of The Hermosa Inn, a AAA Four Diamond luxury boutique hideaway in Paradise Valley, Arizona. Renowned for its globally inspired Arizona fare, the critically acclaimed LON’s at the Hermosa is the culinary centerpiece of the hotel and is complemented by a subterranean wine cellar, a celebrated outdoor dining patio, and its bar and casual dining counterpart: LON’s Last Drop. "We are thrilled to welcome Brian back to The Hermosa Inn, where he was pivotal in LON’s success in the early 2000...
Global Hotel Investment Volume Will Accelerate in 2024, Exceeding the Previous Year by 15% to 25%
JLL | January 24, 2024
JLL’s 2024 Global Hotel Investment Outlook outlines the resilience and growth of the hotel sector as consumers continue to prioritize spending on travel CHICAGO, Jan. 24, 2024 – JLL’s Hotels & Hospitality Group has released their flagship Global Hotel Investment Outlook, which reveals that global hotel performance soared in 2023, reaching a full recovery. Though 2023 proved to be a challenging year for commercial real estate, marked by geopolitical tensions and capital market dislocation, the lodging industry demonstrated resilience, with RevPAR (revenue per available room) achieving a full recovery and surpassing 2019 levels b...
Dallas Dominates U.S. Hotel Construction Boom: Q4 ’23 Report Reveals Record-High Project and Room Counts
Lodging Econometrics (LE) | January 24, 2024
January 24, 2024 – PORTSMOUTH, NH – In the ever-changing landscape of the U.S. hospitality industry, the Q4 2023 U.S. Construction Pipeline Trend Report by Lodging Econometrics (LE) sheds light on dynamic trends across key markets. Dallas emerges as a powerhouse, leading the nation with a record-breaking 193 projects/22,291 rooms, signifying Dallas’s robust growth and confidence in the hospitality sector. Following closely is Atlanta, setting its own record with 151 projects/18,730 rooms. Nashville joins the ranks with 123 projects/16,148 rooms, followed by Phoenix with 122 projects/15,977 rooms, and the Inland Empire with 116 projec...
AHLA Foundation Hosts 6th Annual Gala to Celebrate Hotel Workforce
The AHLA Foundation | January 24, 2024
Industry’s top honor presented to The Nonantum Resort’s Colby Bracy, Mark Hoplamazian of Hyatt receives 3rd annual Arne Sorenson Social Impact Leadership Award LOS ANGELES (Jan. 22, 2024) – AHLA Foundation yesterday hosted its 6th annual Night of a Thousand Stars gala honoring leaders in the hotel and lodging industry – including property-level talent who embody the spirit of hospitality. The event raised nearly $1 million to support AHLA Foundation initiatives aimed at strengthening industry’s workforce and included the Stars of the Industry Awards, commemorating winners for their service to the industry. “The Night ...
RREAF Holdings and Innisfree Hotels Partner to Develop Brand-New Margaritaville Resort on Galveston Beach
RREAF Holdings | January 24, 2024
DALLAS, Jan. 24, 2024 – RREAF Holdings LLC, a private real estate development firm, today announced its partnership with Innisfree Hotels, a best-in-class operator of beachfront hotels and resorts in the Southeastern United States, to develop a brand-new Margaritaville resort in Galveston, Texas. The deal totals just over $250 million and is located at 317 East Beach Drive. Once complete, the resort will occupy 300,000 square feet, making it one of the largest developments in eastern Galveston. The property will feature 334 rooms and include offerings such as a 2.5-acre elevated water park overlooking the beach, four restaurants, a ballr...
Amadeus Report in Collaboration With UN Tourism Shows Confident Start to 2024 for Travel in the Americas
Amadeus | January 24, 2024
Air capacity is well over 100% of 2023 volumes across all regions, demonstrating increased opportunities for travel January 24, 2024 - A new report released today by Amadeus in collaboration with UN Tourism shows a positive trend for air travel and hospitality in the Americas at the start of 2024. Air capacity has increased significantly for January to April 2024 The report - Travel Insights 2024: Focus on the Americas - finds the industry is prepared for a strong start to the year, with air capacity in the region up by 20% over the first four months of the year when compared to the same period of 2023. Released today, the report d...
InnSpire Partnership With RealTime Reservation Empowers Hotel Guests With Seamless Control of Their Property-Wide Stay Experience
InnSpire | January 24, 2024
New technology integration creates a unified booking experience for all property amenities, from F&B to beach chairs, pool cabanas, services and experiences. Stockholm & Washington DC – January 24, 2024 – InnSpire, the leading provider of innovative hospitality technology solutions that help drive seamless, world-class guest experiences for some of the world’s most iconic hotels and brands, has announced a strategic partnership with RealTime Reservation (RTR), a centralized inventory control and management platform that assists hotels in maximizing ancillary revenue from services and amenities. The new partnership integrates...
Getting Rates Above $750 Then Above $1000 Per Night
Adam and Larry Mogelonsky | January 24, 2024
By Adam and Larry Mogelonsky In the realm of luxury properties, charging around the $500 per night price range has come to be expected for any brands around the world since the pandemic, but the pursuit of rates exceeding $750 or $1,000 per night is now a strategic objective. But with great rate comes great expectations. Ergo, owners and operators in this space understand that guests paying in this premium range demand more than just the basics. Guest expectations for this $500 to $750 range encompass not only a remarkable lobby and well-appointed rooms but also enhanced services and upgraded amenities. Premium dining and spa services a...
North America Hotels Leveraging Maestro PMS’s Revolutionary GuestXMS Features to Improve Communication and Boost Guest Engagement
Maestro | January 24, 2024
Properties are relying on the comprehensive guest engagement and operational communication hub to provide enhanced insights into guest needs, improve staff reaction times, and elevate review scores across the board MARKHAM, Ontario, Jan. 24, 2024 — Maestro PMS, the leader in cloud hosted, All In One, private cloud and on-premise property-management systems for independent hotels and luxury resorts, conference centers, vacation rentals, and multi-property groups, continues to help elevate hotel operations through expanded communications provided by its Guest Experience Management solution, or GuestXMS. This complete, seamless engagement h...
Wyndham Comments on Choice’s Self-Serving Director Nominations
Wyndham Hotels & Resorts | January 22, 2024
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ONYX Hospitality Group To Launch First Shama Property in Malaysia, Shama Suasana Johor Bahru
ONYX Hospitality Group | January 22, 2024
London, 22nd January 2024 – ONYX Hospitality Group, the prominent management company in Southeast Asia specialising in hotels & resorts, serviced apartments and luxury residences, has achieved a significant milestone with the launch of Shama Suasana Johor Bahru in Malaysia, marking the opening of the first Shama property in the country. This achievement is highly significant as it makes Malaysia the first country, outside of Thailand, to host all three ONYX brands: Amari, OZO, and Shama, reaffirming ONYX's commitment to expanding its presence in Southeast Asia. The signing ceremony took place on 18th January 2024 at Amari Kuala Lu...
Choice Hotels Proposes a Full Slate of Independent, Highly Qualified Individuals for Election at the 2024 Annual Meeting of Wyndham Hotels & Reso
Choice Hotels | January 22, 2024
Nominees Are Seasoned Leaders with Financial and Operational Experience Across Hospitality, Franchising and Other Relevant Industries Wyndham Shareholders Deserve a Board Focused on Good Governance and Its Fiduciary Duty to Drive Shareholder Value NORTH BETHESDA, Md., Jan. 22, 2024 -- Choice Hotels International, Inc. (NYSE: CHH) ("Choice"), one of the world's most successful lodging franchisors, today announced that it has proposed eight independent, highly qualified individuals to stand for election at the 2024 Annual Shareholder Meeting of Wyndham Hotels & Resorts, Inc. (NYSE: WH) ("Wyndham"). Stewart W. Bainum, Chair of Choice'...
Conrad Hotels & Resorts Expands Luxury Portfolio With Brand Debut in Orlando
Conrad Hotels & Resorts | January 22, 2024
Opening of Conrad Orlando brings sophisticated luxury and elevated travel experience to Central Florida ORLANDO, Fla. – January 22, 2024 - Hilton (NYSE: HLT) announces the opening of the highly anticipated Conrad Orlando, marking the Conrad Hotels & Resorts brand’s debut in Orlando and second property in the Sunshine State. Nestled within Evermore Orlando Resort’s sprawling 1,100-acre property less than three miles from one of Orlando’s most famed theme park resorts, the 433-room Conrad Orlando features five distinct dining venues; the serene Conrad Spa Orlando and Water Garden; Evermore Bay, an 8-acre crystalline lagoon and ex...
