Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
Cendyn Named #1 CRS Provider in the 2024 HotelTechAwards for 7th Consecutive Year
CENDYN | January 9, 2024
Cendyn’s CRS once again ranks #1 in the Central Reservations Systems category on Hotel Tech Report and won the title 'Best Hotel Reservations Systems of 2024’ Tuesday, January 9th, 2024: Cendyn, a catalyst for digital transformation in the hospitality industry, has secured the top award for “Best Hotel Reservations System” (CRS) at the 2024 Hotel Tech Awards. The win marks Cendyn’s seventh consecutive victory in this important category where the honor has been awarded every year since 2018. Each year 2.5 million hotel industry professionals use HotelTechReport.com to make informed technology purchasing decisions. The HotelTec...
Why Is ESG Important? Navigating Challenges, Embracing Sustainability
Stefan Güldenberg | January 9, 2024
By Stefan Güldenberg Environmental, social, and governance (ESG) issues are increasingly prominent in the decision-making processes of investors, consumers, and employees. With societal and environmental issues at the top of the global agenda, the ESG movement has surged in popularity and more people than ever before are considering the wider implications of their choices. However, the rise of ESG issues in the minds of investors and consumers has not been unchallenged. Last year, the backlash against ESG reached fever pitch when Tesla was removed from the S&P 500 ESG Index. It was cut from the indices over concerns about employer...
Kids Take Over Holiday Planning in 2024
Novotel | January 9, 2024
A new study commissioned by hotel brand Novotel reveals what tops UK families’ bucket list in 2024. De-stressing and relaxation take centre stage. What would happen if you let your kids design their dream holiday? French hotel chain Novotel, one of the world’s most-loved family hotel brands - recently commissioned a new study to uncover what kids and their parents have on their minds when it comes to planning a trip in 2024. The new survey* polled approximately 1,000 children aged between 6 and 16 years old, as well as 1,000 parents in December 2023, to see what a dream holiday looks like for both parents and children. "As one o...
Hilton Unveils Name for New Long-Stay Brand: LivSmart Studios by Hilton
Hilton | January 9, 2024
Built to accommodate guest stays of 20 nights or more, the lower midscale, extended‑stay solution already has more than 350 deals in various stages of negotiation MCLEAN, Va. – Hilton (NYSE: HLT) today announced LivSmart Studios by Hilton as the official name of its new studio apartment-style, extended-stay hotel brand. Created for the long-stay guest who never stopped traveling, even throughout the pandemic, LivSmart Studios has received tremendous interest from owners and developers in just six months and currently boasts more than 350 deals in various stages of negotiation. In fact, construction in Kokomo, Ind. broke ground less...
Grand Casino Hotel Resort Elevates Operations, Enhances Guest Experience and Streamlines Infrastructure With Agilysys Solutions
Agilysys | January 9, 2024
Grand Casino Hotel Resort in Oklahoma wins big with interoperable, cloud-native solutions from leading hospitality technology provider ALPHARETTA, GA – JANUARY 09, 2023 – More than one-third of adults expect to visit a casino during the next 12 months, according to the October 2023 edition of the American Gaming Association Outlook. With more than 1,000 casinos to choose from across the United States, Grand Casino Hotel Resort, part of the Citizen Potawatomi Nation located in idyllic Shawnee, Oklahoma, decided to invest in state-of-the-art hospitality-focused technology from Agilysys (NASDAQ: AGYS) to attract a greater share of a...
Ascott and CapitaLand Wellness Fund Acquire Lodging Property in Singapore to Be Relaunched Under the Award-Winning lyf Brand
CapitaLand Investment Limited | January 9, 2024
Singapore, 9 January 2024 – The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI) and CapitaLand Wellness Fund(C-WELL), have jointly acquired a freehold lodging property in Singapore. Ascott and C-WELL each holds a 50% stake in the lodging property. This is C-WELL’s first acquisition since announcing its first close in end-October 2023. C-WELL is CLI’s inaugural wellness and healthcare-related real estate fund anchored in Southeast Asia. The value-add fund will focus initially on Singapore, Thailand and Malaysia. With a target fund size of S$1 billion on an upsized option, C-WELL wil...
IHG Partners With Rusd Group to Open voco & Suites Jeddah in Saudi Arabia
IHG | January 9, 2024
Building on the success of the brand in the region, the 110-key new-build hotel will open its doors in 2024, offering a world-class hospitality experience to guests visiting the city Jeddah, Saudi Arabia, 9th January 2024 – IHG Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement to open voco & Suites Jeddah, in partnership with Rusd Group. With project currently in advance stages of construction, the new built hotel is set to open its doors in September 2024. The latest signing in Saudi Arabia underscores IHG’s commitment to further strengthen its presence across t...
Smart Strategies, Big Wins: Transforming Group Sales With Data Insights
Mike Pavicich | January 9, 2024
By Mike Pavicich Data analytics can play a crucial role in identifying potential group sales opportunities for hotels. By analyzing large volumes of data, such as customer preferences, booking patterns, competitors, and market trends, hotels can gain valuable insights into the demand for group bookings. In fact, hotels that use data analytics strategies have seen a 20% increase in group sales and reduced their group sales acquisition costs by 25%. Platforms like SalesAndCatering.com’s STS Cloud, with robust reporting and business intelligence capabilities, are transforming not just the way hotels interpret group sales performance bu...
Dorado Beach, a Ritz-Carlton Reserve Welcomes Marcel Kloet as General Manager
Dorado Beach, a Ritz-Carlton Reserve | January 9, 2024
Marcel Kloet Joins Dorado Beach, a Ritz-Carlton Reserve Bringing Two Decades of Luxury Hospitality Experience to the Reserve Estate Dorado Beach, Puerto Rico (January 9, 2024) - Dorado Beach, a Ritz-Carlton Reserve reinforces its commitment to delivering unparalleled service and luxury with the appointment of Marcel Kloet as General Manager. As a seasoned professional in the luxury hospitality industry with a track record of success, Marcel Kloet brings over twenty years of experience holding leadership positions at renowned establishments across Europe, Australia and Asia. He will serve at the helm of the exclusive ultra-luxury property i...
Trump International Beach Resort Miami Welcomes Melissa Burce as New Director of Sales
Trump International Beach Resort Miami | January 9, 2024
Miami native brings generational hospitality experience to iconic resort Sunny Isles, Fla. – (January 9, 2024) – The independently owned and operated Trump International Beach Resort Miami on iconic Sunny Isles Beach is pleased to announce the appointment of Melissa Burce as the new Director of Sales. As a second-generation hotelier, Melissa looks forward to applying her knowledge to analyze the current sales strategy and leading the team to many successes in the coming year. “We are thrilled to have Melissa join our team and have welcomed her with open arms,” said Trump International Beach Resort Managing Director Danny Williams...
Hutton Brickyards Appoints Brendan Dwyer as General Manager
Hutton Brickyards | January 9, 2024
Kingston, NY (January 9, 2024) – Hutton Brickyards, a premier Hudson Valley destination for retreats and events, is thrilled to announce the recent appointment of Brendan Dwyer as its new General Manager. Brendan brings to this new role a wealth of hands-on knowledge of the expansive Hutton Brickyards, a stunning 100-acre Hudson Riverfront property in Kingston, NY. His career began with Hutton Brickyards more than 5 years ago, working closely with owner Karl Slovin on the property’s vision and development in preparation for the highly anticipated opening in 2021. Since then, he has served as Director of Facilities and was responsible f...
HFTP Announces 2024 HITEC Dubai Advisory Council
HFTP | January 9, 2024
HITEC Dubai will be held 4-6 June 2024 at the Dubai World Trade Centre Austin, Texas (January 9, 2024) — Hospitality Financial and Technology Professionals (HFTP®), producers of the Hospitality Industry Technology Exposition and Conference (HITEC®), is pleased to announce the industry experts that global exhibition powerhouse dmg events has put together to serve on the advisory council for HITEC Dubai 2024. Co-located with The Hotel Show Dubai, the event will be held 4-6 June 2024 at the Dubai World Trade Centre in Dubai, UAE. 2024 marks the fourth year that HFTP is co-producing HITEC with dmg. Register to attend. Members of t...
The Ashbrooke Hotel Delivers Ultimate in Guestroom Experience Personalization With GuestCast Streaming Platform
Hotel Internet Services, Inc. | January 9, 2024
Premier adults only destination ensures visiting guests can instantly and effortlessly customize television content to align with individual preferences. EGG HARBOR, Wis. — January 9, 2024 — Hotel Internet Services (HIS), a full-service provider of internet services and solutions for the hospitality industry, has been credited with enhancing the quality of in-room entertainment experiences at The Ashbrooke Hotel with the deployment of its GuestCast streaming solution. A luxury property located in Wisconsin that specializes in serving as an adults only retreat, The Ashbrooke Hotel with GuestCast is now able to ensure that visiting...
Interdepartmental Communications & Two-Way Staff Messaging Will Elevate Hotel Operations in 2024
Warren Dehan | January 9, 2024
By Warren Dehan By breaking down departmental barriers, embracing unified data management through an all-in-one PMS, and leveraging modern guest engagement tools, hotels position themselves as pioneers in guest-centric service, setting new standards of excellence in the hospitality industry Thanks to technology, today’s hotel operators are breaking down departmental barriers and adopting a centralized database approach to have a game-changing impact on efficiency. This technology becomes even more transformative when coupled with two-way text messaging between hotel staff and guests. Such digitalization is revolutionizing how hotels m...
Travelodge To Acquire 66 Travelodge-Branded Hotels From Its Largest Landlord – LXi REIT – for £210 Million
Travelodge | January 8, 2024
The 66 hotels will be acquired on a freehold and long leasehold basis enabling the Travelodge group to take control of the assets, enhancing value The assets will be acquired through a newly created property holding group, under a new Travelodge group holding company, benefitting from support to drive further growth from its owner, GoldenTree Asset Management (GTAM) The hotels cover a wide geography, including London, the Midlands and the North of England across City Centre and roadside locations The transaction comes after Travelodge reported record-breaking Q3 results in November, with revenue up 16.7% to £782.0 million and u...
The St. Regis Red Sea Resort Opens in the Kingdom of Saudi Arabia
St. Regis Hotels & Resorts | January 8, 2024
Ummahat Island, Saudi Arabia - January 8, 2024 - St. Regis Hotels & Resorts today announced the opening of The St. Regis Red Sea Resort in the Kingdom of Saudi Arabia. The captivating new address is the first private island to open in The Red Sea, one of the Kingdom’s luxury regenerative tourism destinations on the west coast of the country. Situated on the pristine Ummahat Island in the Al Wajh Lagoon, the resort is a destination-defining oasis with its avant-garde architecture, sustainable design details and bespoke service. “One of the world’s unexplored treasures, The Red Sea in the Kingdom of Saudi Arabia is set to be...
Rentyl Resorts Partners With New Luxury Hotel Brand to Develop and Manage an Upscale Historic Hotel on Miami Beach
Rentyl Resorts | January 8, 2024
MIAMI BEACH/ORLANDO, Fla. -- Rentyl Resorts proudly announces its collaboration with DaVinci Hospitality Group and Ferrari Group to brand and manage a new, cutting-edge boutique hotel at 2814 Collins Avenue, Miami Beach. This partnership unites Rentyl’s expertise in creating authentic, extraordinary experiences with DaVinci Hospitality’s proven success in developing captivating properties. “We are delighted to work with DaVinci Hospitality Group,” said Nicholas Falcone, CEO of Rentyl Resorts. “This venture aligns perfectly with our goal of providing a unique Miami Beach experience at a vibrant condo hotel.” Set for transformati...
Tampa’s Epicurean Hotel Unveils $21 Million Expansion
Mainsail Lodging & Development | January 8, 2024
Food-focused Tampa hotel serves up new guest rooms, meeting space, rooftop terrace and more TAMPA, Fla. (Jan. 8, 2024) – The award-winning Epicurean Hotel has opened the doors to its $21 million expansion, giving foodies, connoisseurs of life, and culinary explorers even more to love in the stylish Hyde Park district of South Tampa, Florida. Located directly across Howard Avenue from Epicurean’s 137-room main hotel, the expansion adds 51 new guest rooms and suites, a private lobby, meeting space, and rooftop terrace. The new four-story structure features a classic, crisp white exterior, historic façade, and lush, green landscaping, and ...
U.S. Hotel Results for Week Ending 30 December
CoStar Group | January 8, 2024
WASHINGTON – 8 January 2024 – U.S. hotel performance increased from the previous week, while year-over-year comparisons were skewed downward due to a calendar shift, according to CoStar’s latest data through 30 December. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 24-30 December 2023 (percentage change from comparable week in 2022): Occupancy: 50.1% (-7.1%) Average daily rate (ADR): US$163.58 (-2.8%) Revenue per available room (RevPAR): US$82.01 (-9.7%) Year-over-year comparisons were negative as the comparable week from 2022 (25 Dece...
Shaner Hotel Group Opens the Inn at Bellefield in the Heart of New York’s Hudson Valley
Shaner Hotel Group, LP | January 8, 2024
HYDE PARK, N.Y.--Shaner Hotel Group, LP, an award-winning international hotel owner and operator, has opened the Inn at Bellefield Residence Inn by Marriott International, a 136-room all-suite hotel. It is in the heart of New York’s Hudson Valley at Bellefield at Historic Hyde Park, a $1 billion hospitality, agritourism and residential attraction being developed. Reservations are now welcome at the Inn at Bellefield, offering sophisticated amenities and elite lodging. A grand opening celebration is set for Spring 2024. Free tours are now available weekdays from 9 a.m. to 4 p.m. at 25 Old Vineyard Place, Hyde Park, N.Y. “The Inn at ...
Boston Hotel Market Update: Ten Things to Know
Erich Baum | January 8, 2024
By Erich Baum, Brian Bisema, Raymond Parejo, Nico Cooper Boston is back. The three key demand channels have returned to an approximation of their pre-pandemic levels (conventions and business travel up, leisure down), and the city’s RevPAR has improved to third in the nation, supplanting Miami and various West Coast rivals. Here are ten things to know about the city. 1. Boston’s revenue per available room (RevPAR) is on pace to finish 2023 at approximately 110% of its 2019 level. Occupancy is lagging slightly, at 97% of the pre-pandemic peak, but average rate is picking up the slack. 2. Conventions came roaring back in 2023. The ...
SureStay by Best Western San Francisco Marina District Makes Its Debut in California
BWH℠ Hotels | January 8, 2024
San Francisco, California (January 8, 2024) The SureStay by Best Western San Francisco Marina District has opened its doors in San Francisco California, and invites travelers to experience one of the newest hotel brands in the industry – SureStay® Hotels, comprised of four distinctive brands offering traditional and longer stay travelers’ comfort and value while away from home. The SureStay by Best Western San Francisco Marina District will provide guests with an experience they can count on, and the amenities today’s travelers have come to expect. SureStay’s service promise reflects the brand and the hotel’s commitment to pro...
Scott Kawasaki Appointed Director of Sales & Marketing at Renaissance Honolulu Hotel & Spa
Renaissance® Hotels | January 8, 2024
HONOLULU, HI (January 8, 2024) – Highgate, a leading hotel management, investment and development company, has appointed Scott Kawasaki as Director of Sales & Marketing of the new Renaissance Honolulu Hotel & Spa, set to celebrate its grand opening in March 2024. In his new role, Kawasaki will lead all sales efforts to maximize revenue and overall profit, as well as oversee all marketing and public relations strategies. With over nearly three decades of experience in the hospitality industry, Kawasaki brings an exceptional record of achievement to his new role. He most recently served as Area Director of Sales & Strategy, A...
The Somerset on Grace Bay Appoints Beverly Howell as General Manager
The Somerset On Grace Bay | January 8, 2024
Grace Bay, Turks & Caicos – January 8, 2024 – The Somerset on Grace Bay an intimate five-star resort located on almost five acres of private beach, has announced the appointment of Beverly Howell as General Manager. Beverly brings more than 20 years of experience to her role at The Somerset on Grace Bay through decades of work in the Turks and Caicos tourism industry. Previously, she served as the General Manager of Point Grace Resort for 13 years. Beverly also held the position of General Manager for the opening of Le Vele Resort in 2004, as well as for the opening of The Regent Grand Resort in 2008. Beverly has maximized yield...
