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Robot AI Startup Physical Intelligence Raises $400 Million From Bezos, OpenAI

November 4th, 2024

Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash

November 4th, 2024

Kimpton Surfcomber Hotel Welcomes Gastón Javier as Executive Chef

KIMPTON SURFCOMBER HOTEL | January 17, 2024

MIAMI (JANUARY 17, 2024) – Kimpton Surfcomber Hotel, a recently renovated boutique hotel situated oceanfront in the heart of South Beach’s Art Deco District, is thrilled to announce the appointment of Gastón Javier as the property’s new Executive Chef. With an impressive culinary background and a passion for creating extraordinary dining experiences, Gastón will oversee the hotel’s signature restaurant, The Social Club, as well as its lively outdoor restaurant and bar, High Tide Beach Bar & Grill. “We are delighted to welcome Chef Gastón Javier to the Kimpton Surfcomber family,” said Mohan Koka, the hotel’s General...

Lodging Interactive’s CoMMingle360 Transforms Hotel Social Media Into Powerful Wedding Sales Opportunities

Lodging Interactive | January 17, 2024

CoMMingle360 enables hotels to be everywhere their prospects are and to engage and sell to them through an omnichannel approach. Lodging Interactive, an award-winning digital marketing, reputation management, and social media engagement agency exclusively serving the hospitality industry since 2001, announced today the next phase of its CoMMingle360 omnichannel marketing service for the hospitality industry.  Commingle360 enables hotels to generate group event revenue opportunities and direct bookings through their social media channels 24/7. “CoMMingle360 enables hotels to be everywhere their prospects are and to engage with them thro...

Hotel Finance: Sign Up Today for Meet the Money 2024!

Jim Butler | January 16, 2024

Early Bird registration is now available for Meet the Money® 2024. Click here to register with a $200 discount off the regular rate of $1,495. Meet the Money® 2024 will be May 6-8, 2024 at the Marriott Los Angeles Airport hotel. More information is available on www.MeetTheMoney.com. Register now to secure your spot for the hospitality industry conference focused on 2024 hotel finance, investment, and deal-making. About Meet the Money® For 30 years, Meet the Money® has created an energetic environment to forge relationships, negotiate deals, and gain an in-depth understanding of hotel investment and finance. Our national ...

Sydney Hotels Posted Record-High Room Rates in December

CoStar Group | January 16, 2024

WASHINGTON – 16 January 2024 – Helped by New Year’s Eve, Sydney’s hotel industry recorded its highest monthly average daily rate (ADR) on record, according to December preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. December 2023 (year-over-year % change): Occupancy: 77.1% (+9.9%) Average daily rate (ADR): AUD313.27 (+4.8%) Revenue per available room (RevPAR): AUD241.66 (+15.3%) According to the daily data, Sydney hotels achieved their highest occupancy level on New Year’s Eve (94.0%), followed by Saturday, 2 Decem...

WaterWalk Opens LIVE | STAY Property in Huntsville

WaterWalk | January 16, 2024

Lodging Innovator Kicks of New Year with Opening of First Alabama Property WICHITA, Kan. – January 16, 2024 – Lodging industry innovator WaterWalk announced today the official opening of its newest property under the brand’s Gen 2.0 model, WaterWalk Huntsville. Located at 1550 Perimeter Pkwy in Huntsville, the property blends the best of an upscale extended-stay hotel and home with fully furnished ‘STAY’ units and ready-to-furnish ‘LIVE’ units. "Huntsville’s unique blend of industrial complexes, research laboratories, municipal parks and facilities for national defense and space exploration offer immense opportunities fo...

Texas Western Hospitality Opens TownePlace Suites by Marriott in Abilene, Texas

TownePlace Suites by Marriott | January 16, 2024

Abilene, TX – January 16, 2024 – Texas Western Hospitality of Addison, Texas today announced the opening of their newest property, TownePlace Suites by Marriott Abilene Southwest. Located at 3838 John Knox Drive in Southwest Abilene, the all-suite hotel is managed by Texas Western Hospitality. General Manager Denise Worley leads the management team at the 112-room property for Texas Western Hospitality. TownePlace Suites by Marriott Abilene Southwest offers convenient access to downtown Abilene, Mall of Abilene, Taylor County Expo Center, Abilene Zoo, Frontier Texas and Dyess Air Force Base. The four-story hotel is also close to the G...

Marriott Debuts in Japan’s Kyushu Island With Opening of Nagasaki Marriott Hotel

Marriott Hotels | January 16, 2024

Modern design and enriching experiences underscore the brand’s promise of ‘Wonderful Hospitality. Always’ in the historic city of Nagasaki Marriott Hotels, part of Marriott Bonvoy’s portfolio of over 30 extraordinary hotel brands, today announced the opening of Nagasaki Marriott Hotel, marking the flagship brand’s debut in Kyushu, Japan’s southernmost main island, and the ninth Marriott Hotel to open in the country. The new hotel brings the brand’s rich legacy to Nagasaki, a destination with a fascinating blend of Japanese, Chinese and Dutch culture as the only port city open to foreign trade in 16th Century Japan. Directl...

Mövenpick Hotel Hanoi Centre Unveils New Look

Mövenpick | January 16, 2024

Ready to open its doors to guests following extensive renovation plan HANOI, 16 January 2024 – Mövenpick Hotel Hanoi Centre is pleased to announce its grand re-opening in early January 2024, following a remarkable renovation that has transformed the property. Embodying the essence of the Mövenpick Hotels & Resorts brand, known for its inventive and genuine approach, Mövenpick Hotel Hanoi Centre is dedicated to providing relaxed and heart-warming experiences, ensuring every moment is truly memorable. Garth Simmons, Chief Executive Officer of Accor’s Premium, Midscale and Economy Division, Asia, stated, "We are delighted t...

Noble Acquires Holiday Inn Express Downtown Nashville

Noble Investment Group | January 16, 2024

Urban city center hotel is centrally located in the heart of Music City Atlanta, Georgia (Tuesday, January 16, 2024) – Noble Investment Group ("Noble") today announced the acquisition of the Holiday Inn Express Nashville Downtown. Located on Broadway in the heart of downtown Nashville, the hotel is embedded within the city's entertainment district and steps away from over 100 live music venues, the Music City Center, Bridgestone Arena, more than 500 bars and restaurants, and over 100 shopping experiences. Downtown Nashville is a vibrant, walkable district with eight million square feet of Class A office space accommodating over 80,00...

Four Seasons Resort Rancho Encantado Santa Fe Launches Multimillion-Dollar Renovation

Four Seasons Resort Rancho Encantado Santa Fe | January 16, 2024

Santa Fe, N.M. (Jan. 16, 2024) – Four Seasons Resort Rancho Encantado Santa Fe, an enchanting luxury boutique resort comprised of 65 intimate casitas surrounded by rugged mountainous beauty, today announced a multimillion-dollar revitalization, the first in the resort’s history, of all guest rooms and suites is now underway along with the introduction of sustainability-focused landscaping. The revitalization will be conducted in three phases in an effort not to impact the guest experience and is anticipated to be completed this spring. The extensive upgrades are led by Langlois Design, a boutique firm focused on sustainability and s...

Alpental Capital Acquires 187-Room DoubleTree Leominster in Massachusetts

Alpental Capital | January 16, 2024

Alpental Capital (“Alpental”), a hospitality investment group with offices in Colorado and Washington, announced the acquisition of the full-service DoubleTree by Hilton Leominster, Massachusetts in late December 2023. Located just off I-190, the DoubleTree Leominster provides both business and leisure travelers convenient access to nearby businesses, attractions, and outdoor recreation throughout the Leominster-Fitchburg area. The hotel boasts 187 spacious guest rooms, nearly 15,000 square feet of modern meeting space, an indoor pool and fitness center, and an on-site restaurant and bar. Alpental plans to invest in significant propert...

The Holy Grail of the Hospitality Industry: The Commercial Strategy Platform

Noelani Schroy | January 16, 2024

By Noelani Schroy The hotel industry is, once again, in a state of flux; the COVID pandemic forever changed how hotels operate, but we are currently in a second evolutionary phase, in which the convergence of technology and strong commercial leadership, is proving to be an operational imperative for hotels to ensure profitability over the long-term. An important first step in this new operational evolution is the implementation of a commercial leader to oversee all the internal departments responsible for revenue generation. In the past few years, commercial teams have started being established in big, branded properties, but today, it is i...

Dimension Hospitality Names Paul C. Hills as General Manager at DoubleTree Resort by Hilton Paradise Valley-Scottsdale

Dimension Hospitality | January 16, 2024

FORT LAUDERDALE, FL – (January 16, 2024) – Joe Viglietta, chief operating officer of Dimension Hospitality, a nationally recognized hotel management and development company, today announced the appointment of Paul Hills to the general manager position at the AAA Four-Diamond DoubleTree Resort by Hilton Paradise Valley-Scottsdale, located in the shadow of Camelback Mountain in Scottsdale, Arizona. Hills most recently was the resort manager for another resort and spa where he oversaw an ownership and brand change along with an extensive, $45 million renovation.  Hills is a Scottsdale market veteran and has led teams with several Hilton br...

Jim Butler To Receive California Lodging Investment Conference [CLIC] Lifetime Achievement Award

[CLIC] | January 16, 2024

Jim Butler to Receive California Lodging Investment Conference [CLIC] Lifetime Achievement Award COSTA MESA, Cali., January 16, 2024—Officials of the California Lodging Investment Conference [CLIC], the only hospitality conference focused on the California hotel market, today announced that Jim Butler, founding partner of Jeffer Mangels Butler & Mitchell LLP, and founder and chairman of the Firm's Global Hospitality Group®, will receive the prestigious lifetime achievement award at the upcoming event being held March 6-7, 2024 at the Westin South Coast Plaza in Costa Mesa, Calif. “Jim was the obvious and unanimous choice to recei...

BluHost Taking Hospitality Financial Management Seriously With New Accounting System Upgrade

Aptech Computer Systems Inc. | January 16, 2024

Puerto Rico based hospitality management company hails PVNG from Aptech for its cloud-based reporting capabilities, remote access for staff, and responsive customer service PITTSBURGH, January 16, 2024 – BluHost is entering 2024 with a new enterprise accounting solution backing its portfolio of select service and ultra-luxury hotels and a mix of fine dining to casual restaurants. José M. Suárez, president and CEO of the Puerto Rico based hospitality management company, selected PVNG by Aptech because of past positive experiences with the company. “When BluHost was founded, it began looking for a unified financial system that cou...

France to Keep Its Crown as Most Popular Destination for International Visitors, Reveals WTTC

World Travel & Tourism Council | January 15, 2024

New data shows arrivals on brink of sector high Seat capacity to surpass pre-pandemic levels  Nice surges as a key destination Paris, France: Latest flight booking data from the World Travel & Tourism Council (WTTC) and its knowledge partner ForwardKeys, shows France is set to keep its pole position as the world’s most popular destination for international arrivals this year. The research reveals a positive outlook for France's inbound travel, with arrivals set to almost reach pre-pandemic highs this year. During her participation at the Destination France event taking place in Chantilly and hosted by President Macron, ...

Shamal Holding Breaks Ground on Exclusive Baccarat Hotel and Residences Dubai

Shamal Holding | January 15, 2024

New exclusive lifestyle luxury mixed-use development, opening in 2026, set to deliver a new standard of elevated living experience Project will be led by renowned Dubai developer H&H Development alongside award-winning architects Studio Libeskind and interior design studio 1508 London Originating from New York, the development will be the first Baccarat Hotel and Residences in the UAE DUBAI, UAE, Jan. 15, 2024 -- In an exclusive ground-breaking ceremony, Shamal Holding, a diversified investment firm which manages a unique portfolio of investments, assets and experiences, has inaugurated the start of construction for the highly an...

COP28 and New Year’s Eve Boosted Dubai Hotel Performance in December

CoStar Group | January 15, 2024

WASHINGTON – 15 January 2024 – Helped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. December 2023 (year-over-year % change): Occupancy: 79.2% (+3.5%) Average daily rate (ADR): AED1,060.61 (+19.0%) Revenue per available room (RevPAR): AED839.98 (+23.2%) The RevPAR level was the highest since January 2015. According to the daily data, Dubai saw its highest occupancy level on Ne...

London Hotel Performance Jumped During Holiday Season

CoStar Group | January 15, 2024

WASHINGTON – 15 January 2024 – Helped by the holiday travel season, London hotels posted significant performance levels, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. December 2023 (year-over-year % change): Occupancy: 80.5% (+5.7%) Average daily rate (ADR): GBP208.90 (+2.0%) Revenue per available room (RevPAR): GBP168.07 (+7.8%) The ADR and RevPAR levels were the highest for any December on record in the market, while occupancy was the highest for any December since 2018. According to daily d...

IHG Hotels & Resorts, Pelligra Group and ONE7 To Elevate Adelaide Hotel to Crowne Plaza Mawson Lakes

IHG | January 15, 2024

Sydney, Australia, Monday 15 January 2024: IHG Hotels & Resorts, Pelligra Group and ONE7 are excited to announce the elevated positioning of their upcoming hotel in Adelaide which is slated to open its doors in 2024. Originally announced as a 130-room Holiday Inn & Suites, the Mawson Lakes property in Adelaide has undergone a transformation during the development phase and is now positioned in the upscale space, with higher than anticipated demand coming from corporate, leisure and conference and event customers. The decision has therefore been made to elevate and rebrand the hotel as Crowne Plaza Mawson Lakes, reflecting the ...

A-1 Hospitality Group Awarded Management for Two Sea-Tac Airport Hotels

A-1 Hospitality Group | January 15, 2024

SEATTLE – January 15, 2024 – A-1 Hospitality Group, a family owned and operated hotel management and development company based in Kennewick, Washington today announced that it has been awarded new management contracts on the Hampton Inn by Hilton Seattle Airport and the La Quinta Inn & Suites by Wyndham Seattle Sea-Tac Airport. Both properties are owned by Airport Investment Company, Inc. of Seattle, Washington. “We are thrilled to expand our managed asset portfolio footprint by entering the Sea-Tac market,” said Taran Patel, Managing Principal, A-1 Hospitality Group. “A-1 Hospitality Group is dedicated to supporting our own...

IHG Expands Portfolio in Saudi Arabia With Signing of Hotel Indigo Abha

IHG | January 15, 2024

Set to open in December 2025, the new-build boutique hotel will feature 110 rooms. Abha, Saudi Arabia, 15 January 2024: IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a franchise agreement for a new-build boutique hotel, Hotel Indigo Abha, in partnership with Firdous Abha Hotel Holding Company and under the management of Aleph Hospitality. The strategic signing underscores IHG’s commitment to expanding its Luxury & Lifestyle portfolio of hotels and elevating hospitality offering for the growing tourism sector in the Kingdom. Part of the IHG Luxury & Lifestyle portfolio, Hot...

Matt McClelland Joins OTO Development as Chief Operating Officer

OTO Development | January 15, 2024

Hospitality veteran brings three decades of dynamic experience to hotelier’s C-suite SPARTANBURG, SOUTH CAROLINA (Monday, January 15, 2024) — Matt McClelland has joined OTO Development as chief operating officer, bringing a dynamic depth and breadth of operations experience to the hotelier’s C-suite. He replaces former COO David Ward, who retired on December 31 after 18 years with the company. OTO Development, part of The Johnson Group, owns and/or operates approximately 65 select-service and lifestyle hotels across the country, many with proprietary restaurant concepts. McClelland will oversee operations across the company, wi...

The Westin Hilton Head Island Resort & Spa to Unveil $13.8 Million Renovation

The Westin Hilton Head Island Resort & Spa | January 15, 2024

The South Carolina resort will debut newly renovated rooms and suites - including the Presidential Suite, Vice Presidential Suite, Atlantic Suite, and Resort Bunk Suite - in February 2024 (HILTON HEAD ISLAND, SC; January 15, 2024) – The Westin Hilton Head Island Resort & Spa announced today that the completion of its $13.8 million renovation, in which the team reimagined the resort’s existing 416 guestrooms to grow to 420 rooms, including 32 suites, is set to be completed in early-February 2024. Across all rooms, the team has transformed these spaces into extensions of the island’s natural landscape to create a luxurious coastal ...

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