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November 4th, 2024
Central Oregon: Evolution of Trends Post-Pandemic
Hannah Homack | October 3, 2023
By Hannah Homack, Breanna S. Smith Central Oregon is a drive-to destination market situated east of the Cascade Mountain range. Home to twelve cities, this region of Oregon benefits as a popular leisure destination for travelers from throughout the Pacific Northwest. Surrounded by a diverse natural landscape, Central Oregon welcomes nearly four million overnight visitors per year looking to take advantage of all the area has to offer. In recent years, cities throughout the region have seen significant changes in the travel industry as hotels, businesses, and attractions have weathered the impacts of the COVID-19 pandemic. Pre-Pandemic ...
IHG Partners With MMS Land to Debut Vignette Collection in Indonesia
IHG | October 3, 2023
Jakarta, Indonesia – 03 October 2023 – IHG Hotels & Resorts – one of the world’s leading hotel companies with more than 6,000 open hotels across 100 countries – is proud to partner with MMS Land, to debut the first Vignette Collection hotel in Indonesia. Rumah Luwih Bali with its 74 rooms and suites will join the IHG system later this year, before fully converting to a Vignette Collection property in 2024 following an extensive refurbishment. Blending heritage and hospitality, the beachfront luxury colonial-style resort will be refreshed to offer an authentic, experiential, and considerate stay, as part of the growing Vig...
Oliver Hospitality Appoints Leadership for DoubleTree by Hilton Clarksville Riverview Ahead of Late 2024 Opening
DoubleTree by Hilton | October 3, 2023
CLARKSVILLE, Tenn. (October 3, 2023) – Today, Oliver Hospitality’s DoubleTree by Hilton Clarksville Riverview, the soon-to-be 4-acre mixed-use destination announces Jeffrey Pavone and Ginger Young as the team’s General Manager and Director of Sales, respectively. With decades of experience, the management team at Clarksville’s newest hotel is comprised of exceptional hospitality associates equipped with a distinctive blend of expertise, resources, and relationships focusing on delivering personalized hospitality experiences to both locals and visitors. These leaders will oversee the hotel, helping to enhance downtown Clarksville with ...
Tanque Verde Ranch Appoints McKenzie O’Leary as Executive Chef
Tanque Verde Ranch | October 3, 2023
TUCSON, ARIZ. (October 2023) – Tanque Verde Ranch, a historic dude ranch owned by Cote Family Destinations, announces the appointment of McKenzie O’Leary as executive chef. A 15-year veteran of the culinary industry and a 16-year Tucson resident, Chef O’Leary joins Tanque Verde Ranch from Miraval Arizona Resort & Spa, where she served as chef de cuisine. At Miraval, Chef O’Leary learned extensively about the intentionality behind food, including its nutritional value to the body and the benefits of anti-inflammatory, plant based, and gluten free diets. Prior to Miraval, Chef O’Leary has held various roles in the Tucson culin...
WaterWalk Unveils LIVE | STAY Property in Jacksonville, Florida
WaterWalk | October 3, 2023
WICHITA, Kan. – October 3, 2023 – Lodging industry innovator WaterWalk opened the doors of its newest property under the brand’s Gen 2.0 model, WaterWalk Jacksonville, on October 2. Located at 8895 Perimeter Park Blvd. in Jacksonville, the property blends the best of an upscale extended-stay hotel and home with fully furnished ‘STAY’ units and ready-to-furnish ‘LIVE’ units. "Jacksonville is a hub for travel, business, education and everywhere in between,” said Mimi Oliver, CEO of WaterWalk. “Whether providing flexible accommodations for University of North Florida visitors, military families of the nearby Jacksonville N...
Aligned Hospitality Management Adds Two Arizona Properties to Portfolio
Aligned Hospitality Management | October 3, 2023
PHOENIX, AZ — October 3, 2023 — Aligned Hospitality Management has expanded its presence in Arizona and continued its rapid growth by adding two properties to its portfolio. This expansion not only underlines the company's growing footprint in the Arizona market but also underscores the continued trust owners have in Aligned's expertise and third-party management capabilities. With these portfolio additions, Aligned manages nearly 20 properties across various markets. The first property, Wingate by Wyndham Chandler/Phoenix in Chandler, AZ, has 64 keys and is situated just minutes from the renowned Tempe Diablo Stadium, the spring ...
POLL: Union’s Proposed Homeless Policy Will Deter 72% of Americans From Booking LA Hotel Rooms
AHLA | October 3, 2023
More than 70% concerned about safety of hotel employees and guests WASHINGTON (Oct. 3, 2023) – More than seven in ten Americans would be deterred from booking a hotel room in Los Angeles if hotels there are forced to house homeless people next to paying guests. That’s according to a new national poll commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. Los Angeles residents are set to vote in March 2024 on whether to require all local hotels to house homeless people next to paying guests as part of a ballot initiative proposed by Unite Here, a labor union that represents LA-area hotel wo...
Moonstar Hospitality Acquires Fairfield Inn & Suites by Marriott Phoenix Midtown for $18 Million
Cushman & Wakefield | October 3, 2023
PHOENIX, Ariz. – October 3, 2023 – Cushman & Wakefield announced the firm has brokered the sale of a 107-room Fairfield Inn & Suites by Marriott hotel asset in Phoenix, Arizona. Located at 2520 N Central Ave, the property sold to Salt Lake City, UT-based Moonstar Hospitality LLC for $18 million. Bill Murney with Cushman & Wakefield’s Hospitality team in Phoenix represented the seller, MIG Real Estate, in the transactions. MIG Real Estate, a real estate investment company with assets across the Western U.S. and Sun Belt states, is actively seeking opportunities to expand its portfolio. “The buyer now owns a great...
The Sebastian – Vail Appoints John D’Angelo as General Manager
The Sebastian-Vail | October 3, 2023
VAIL, CO (October 3, 2023) -- The Sebastian - Vail, a luxury mountainside resort and private residence club in the heart of Vail Village, Colorado, has welcomed John D’Angelo as its new general manager. In his role, D’Angelo is responsible for overseeing day-to-day operations of the property and ensuring it continues delivering a five-star experience to both Owners and guests. “John is a compassionate leader who has consistently demonstrated managerial success in his previous roles,” stated Justin Vining, director of operations at Timbers Company. “We confidently selected John to uphold our commitment to providing guests and Owne...
The Eliza Jane Hotel Appoints New Executives to Leadership Team
The Eliza Jane | October 3, 2023
The New Orleans Boutique Hotel Names Parker Sams as Managing Director and Malissa Fagan as Director of Sales NEW ORLEANS – October 3, 2023 – The Eliza Jane, a Hyatt Unbound Collection hotel, announced today the appointment of Parker Sams as managing director and Malissa Fagan as director of sales. The duo will join the leadership team at the historic 196-room boutique hotel offering guests a luxurious stay in the heart of New Orleans. As managing director, Sams will oversee all day-to-day hotel operations including dining experiences and guest relations. A seasoned hospitality professional, Sams brings more than 15 years of industry e...
Aimbridge EMEA to Manage 402-Key Costa Blanca Resort Grand Luxor Hotel & Village
AIMBRIDGE HOSPITALITY EMEA | October 3, 2023
Independently owned by renowned tourism and real estate business, Santa Maria Group, the signing marks Aimbridge’s entry into the Spanish market and underscores its investment in the Iberian Peninsula GLASGOW, Scotland and PLANO, Texas – Aimbridge EMEA, a division of global management leader Aimbridge Hospitality, has been appointed by Santa Maria Group to manage its independent, 402-key Grand Luxor Hotel & Village resort on the Costa Blanca beginning October 1, 2023. The deal marks a major milestone for both companies, signaling their joint ambition to accelerate growth and provide exceptional experiences in the market. A leadi...
HTNG, HSMAI to Co-Locate HTNG Connect: Asia-Pacific, HSMAI Revenue Optimization Conference at Marina Bay Sands, Singapore in 2024
HTNG | October 3, 2023
WASHINGTON (Oct. 3, 2023) - The American Hotel & Lodging Association’s technology committee, HTNG, and Hospitality Sales and Marketing Association International (HSMAI) announced today that they will co-locate HTNG’s HTNG Connect: Asia-Pacific event and HSMAI’s Revenue Optimization Conference (ROC) May 8-10, 2024, at the Marina Bay Sands in Singapore. HTNG Connect: Asia-Pacific stands as Asia's foremost event for hospitality technology. Simultaneously, HSMAI’s ROC has established itself as the region's premier event for hotel revenue management and commercial strategy. Co-locating the events at the Marina Bay Sands in 2024 prom...
Renovation Trends: Stylish, Custom & Connected
George Rendell | October 3, 2023
Keeping 2023 property improvement (plan) projects on target requires creative procurement, realistic scheduling, and wherever possible, going local By George Rendell After working in the hotel industry for more than 40 years and in design and construction for the past 22 years, I’ve learned to expect the vagaries of every hotel renovation project. But the industry has moved into a new, even more challenging era when it comes to renovation. Higher guest expectations, elevated brand requirements, labor issues and supply-chain challenges have changed the way we budget and undertake every new project. Brand proliferation alone demands...
Historic Windermere House Swaps ‘Dinosaur’ Software for Enterprise Accounting Solution
Aptech Computer Systems, Inc. | October 3, 2023
PITTSBURGH, October 3, 2023 – Overlooking Lake Rosseau since 1870, the iconic Victorian landmark Windermere House needed to modernize its accounting and back-office functions in keeping with its status as Muskoka’s premiere hotel and resort. Management company B•Hospitality tapped Aptech’s PVNG enterprise accounting solution to keep the property’s accounting and financial systems on the same page internally and companywide as B•Hospitality prepares for further growth. “Shortly after acquiring ownership of this iconic resort earlier this year, we discovered that several of our systems, including our back-office accounting syst...
Hotel Property Tax Relief Varies by Geography
CBRE Hotels | October 2, 2023
By Robert Mandelbaum and David P. Fuller MAI Based on a sample of more than 3,000 hotels from CBRE’s Trends® in the Hotel Industry database, U.S. hotel property tax expenditures averaged $2,626 per available room (PAR) in 2022. This is 10.8% less than the $2,943 PAR recorded in 2019, before the COVID-19 pandemic. Concurrently, the earnings before interest, taxes, depreciation, and amortization (EBITDA) for these same properties fell by 1.7%. From 2019 to 2022, the combination of EBITDA decreases, and cap rate increases put downward pressure on values. A 100 bp increase in cap rates, coupled with the 1.7% decrease in EBITDA correlate...
Four Seasons Resort Langkawi Welcomes Michael Gremer as New Executive Chef
Four Seasons | October 2, 2023
Michael Gremer has been appointed Executive Chef at Four Seasons Resort Langkawi, taking charge of all culinary operations and teams at the award-winning island resort. A 25-year career with leading luxury hotels has taken Michael on a flavourful adventure around the world, from Bavaria, Colorado and Perth to Shanghai, Singapore and Kuala Lumpur. Over the course of his illustrious journey, he has had the honour of cooking for iconic personalities such as President Nixon, President Obama and King Charles. Yet, for this chef, each diner is a VIP in their own right. “No matter who they are, every guest should walk away from their meal...
Disney Vacation Club Celebrates the Grand Opening of The Villas at Disneyland Hotel
Disneyland Resort | October 2, 2023
ANAHEIM, Calif., Oct. 2, 2023 -- Inspired by the creative magic of Walt Disney Animation Studios, The Villas at Disneyland Hotel are now open. The all-new tower features 344 thoughtfully themed guest rooms designed to immerse guests in the worlds of classic Disney stories while offering modern, just-like-home amenities only steps away from the Disneyland Resort theme parks. "The Villas at Disneyland Hotel celebrates the remarkable legacy of Walt Disney Animation Studios' storytelling and the creative process these talented artists go through to bring Disney characters to life from sketch to screen," said Bill Diercksen, senior vice presid...
Alojica Completes Acquisition of Marriott Puerto Vallarta Resort & Spa
Alojica | October 2, 2023
MEXICO CITY, Oct. 2, 2023 -- Black Creek Mexico ("BCM") is pleased to announce that affiliates of Alojica, a BCM sponsored investment platform, have completed the acquisition of the Marriott Puerto Vallarta Resort & Spa, from an affiliate of Marriott International, Inc. The 433-room beachfront resort, located in Puerto Vallarta, Jalisco, Mexico, is managed by an affiliate of Marriott International under a long-term Marriott Hotels & Resorts agreement. Alojica plans for the property to undergo a transformational capital improvement plan to convert the property into All-Inclusive by Marriott Bonvoy. Planned improvements include a compr...
Hospitality Asset Managers Association (HAMA) Releases Fall 2023 Conference Industry Outlook Survey Results
HAMA | October 2, 2023
NEW ORLEANS, October 2, 2023—The Hospitality Asset Managers Association (“HAMA”) today announced the results of its Fall 2023 Industry Outlook Survey. The semi-annual report updated the opinions, experiences and predictions of nearly 80 hotel asset managers from the earlier spring conference survey with a focus on budgetary predictions and potential causes of industry concern. Conducted in conjunction with HAMA'S 2023 Annual Fall Meeting that was held in New Orleans, the results were presented to media live with a concluding Q&A session via online conferencing. In total, 77 asset managers, comprising app...
REPORT: Hotel Boards Are Becoming Increasingly Diverse
ahla foundation | October 2, 2023
WASHINGTON, DC (October 2, 2023) – The percentage of hotel industry board seats held by Black members and women members, respectively, is going up. That's according to recent research commissioned by AHLA Foundation and conducted by Penn State’s School of Hospitality Management. The increase exceeds the 2022 average in both categories for firms in the Russell 3000 Index, signaling progress in the effort to diversify corporate boards. The report highlights multiple gains for the industry. The 2022 data set analyzed 230 board members at 28 companies between 2016-2022. Key findings include: · Women occupied 31.3%...
How Hoteliers Are Using AI for Revenue Management
Dr Cindy Heo | October 2, 2023
By Dr. Cindy Heo Hotel revenue management is the process of optimizing revenue by predicting demand and setting prices accordingly, most commonly found in hotels to forecast occupancy in order to maximize their room rate, hotel marketing strategy, and overall property performance. It's a complex and ever-evolving field for a revenue manager to navigate, with many channels and tools to keep up-to-date with. But it is a key function for any hotel that wants to remain competitive in today's marketplace to get a firm handle on in order to welcome more guests through their doors. Today, Artificial Intelligence is making the job of data analysis...
2023 HVS Lodging Tax Report – USA
Thomas A. Hazinski | October 2, 2023
By Thomas Hazinski, Michael Ferguson Since room sales generate lodging tax revenues, an overview of hotel market trends provides a perspective on the industry's current and future fiscal impacts. While the negative impacts of the COVID-19 pandemic were unprecedented, as documented in our 2022 HVS Lodging Tax Study, nearly all lodging markets have reached or exceeded pre-COVID levels of revenue generation. Revenue per available room (“RevPAR”), the product of average daily room rate and occupancy rate, is a standard industry metric that combines the effects of occupancy and average daily room rate changes on hotel revenue performance. ...
Kimpton Hotels & Restaurants Breaks Ground on New Boutique Hotel in Pacific Grove, California
IHG | October 2, 2023
ATLANTA (Oct. 2, 2023) - Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ luxury & lifestyle portfolio, breaks ground today for a new, boutique hotel in the Northern California coastal community of Pacific Grove, on the storied Monterey Peninsula. Marking the boutique hotel brand’s first property in the market, Kimpton Pacific Grove Hotel will exude elevated, laid-back vibes one can only find on the Central Coast of the Golden State and serve as a premier destination featuring locally inspired restaurant and bar concepts. The property is expected to open in late 2025. Owned and developed by Cypress 16, LLC in c...
OUTRIGGER Kona Resort & Spa Appoints Geoff Pearson as New General Manager
Outrigger | October 2, 2023
OUTRIGGER Hospitality Group is pleased to announce the appointment of Geoff Pearson as the new General Manager of OUTRIGGER Kona Resort & Spa on Hawaii Island. In this role, Pearson will assume the responsibility of overseeing the daily operations and management of the resort. His duties will encompass the integration of cultural elements into exceptional guest experiences, the cultivation of a positive work environment for employees and active engagement with the Kailua-Kona community, all while striving to achieve the resort’s financial objectives. Pearson joined OUTRIGGER earlier this year as the Director of Sales and Market...
