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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

Fontainebleau Development Set To Open Fontainebleau Las Vegas on the Las Vegas Strip in December 2023

Fontaine Bleau Las Vegas | September 19, 2023

Globally anticipated luxury resort and casino now accepting reservations ahead of December 13, 2023 grand opening LAS VEGAS, Sept. 1, 2023 -- The iconic Fontainebleau brand has arrived on the Las Vegas Strip as Fontainebleau Las Vegas, the luxury resort and casino brought to life by Fontainebleau Development, announces its global debut set for Wednesday, Dec. 13, 2023 pending regulatory approvals. The fulfillment of a long-held vision of Fontainebleau Development Chairman and Chief Executive Officer Jeffrey Soffer is in the final stages of construction and is now accepting reservations ahead of its grand opening. "For almos...

OTH Hotels Resorts Set to Manage Le Méridien Dallas in Texas

OTH | September 19, 2023

DALLAS, TX - OTH Hotels Resorts, one of the nation’s leading upscale hotel management companies, has announced the addition of Le Méridien, a north Dallas boutique hotel, to their portfolio. The addition of this chic, mid-century, modern hotel adds 258 guest rooms to their hospitality portfolio. “This property fits perfectly into our investment criteria and is well positioned in the Dallas market as an ideal stay for business travelers,” OTH CEO & President Todd Felsen said. “We approach every partnership with our OTH standards for success in mind – comprehensive services, an innovative approach, and personalized attention t...

Crescent Hotels & Resorts Adds Le Merigot Santa Monica in California to Management Portfolio

Crescent Hotels & Resorts | September 19, 2023

Santa Monica's Beachside Hotel Joins Latitudes: Lifestyles by Crescent Division SANTA MONICA, Calif., Sept. 19, 2023 -- Crescent Hotels & Resorts, the award-winning operator of over 120 hotels and resorts, announced today the addition of the Le Merigot Santa Monica to its Latitudes: Lifestyles by Crescent portfolio. Offering the ideal blend of exploration and tranquility, the seaside retreat is just steps from the beach and its famous Santa Monica Pier. Additional highlights within walking distance include the 3rd Street Promenade in Downtown Santa Monica. Known for upscale shopping, numerous restaurants and bars featuring l...

Braintree Group Opens River’s Edge Hotel, a Tapestry by Hilton, in Portland, Oregon

Braintree Group | September 19, 2023

South Waterfront, Portland, Oregon, September 19, 2023 – Braintree Group, a privately held, vertically integrated, national real estate development and investment firm, announced today the grand opening of the River's Edge Hotel, a Tapestry by Hilton. The newly renovated property is centrally located in the South Waterfront neighborhood overlooking the banks of the Willamette River. The 112-room hotel was originally acquired by Braintree Group in June 2021 and officially joined the Tapestry Collection by Hilton on June 13, 2023. Resolute Road Hospitality will manage the property. "Situated along Portland's South Waterfront, overlooking th...

The Chelsea Townhouse by Iconic Luxury Hotels Opens in London

The Chelsea Townhouse | September 19, 2023

London, September, 2023 - The Chelsea Townhouse by Iconic Luxury Hotels, the hospitality brand behind some of Britain’s most legendary properties, is London’s latest boutique hotel located in the heart of Chelsea. Formerly the Draycott Hotel, the property has undergone an extensive transformation to become The Chelsea Townhouse, located on the exclusive Cadogan Estate and just a stone’s throw from its sister hotel, 11 Cadogan Gardens. A chic neighbourhood retreat steeped in history and charm, the 36-bedroom Chelsea Townhouse embodies the feel of an elegant private home with exclusive access to the private Cadogan Gardens. “We are ple...

Hotel AKA Brickell Opens in Miami, Florida

AKA | September 19, 2023

MIAMI, FL – SEPTEMBER 19, 2023 – AKA, a global leader in luxury hospitality and the creator of the World’s Most Livable Hotels®, today reveals its design transformation at the 36-story Hotel AKA Brickell, located in the energetic Brickell neighborhood at the Brickell Arch at 1395 Brickell Avenue. Just as Brickell continues to evolve and shape this burgeoning area of Miami, AKA does the same for the hospitality and design space – the brand evolves, shapes and leads the charge. After acquiring the 201-key property in 2021, AKA has invested $16 million into the property with a design reimagination led by world-renowned architect...

Thailand’s Dusit International Introduces Two New Hotel Brands – ‘Dusit Collection’ and ‘Devarana – Dusit Retreats’

Dusit Internation | September 19, 2023

Bangkok, Thailand, 19 September 2023 – Dusit International, one of Thailand’s leading hotel and property development companies, has announced the expansion of its esteemed hotel brand lineup with the launch of two new brands: Dusit Collection and Devarana – Dusit Retreats.  Building on the strength of Dusit's existing portfolio, which encompasses Dusit Thani (luxury), Dusit Suites (upper upscale), dusitD2 (upscale), Dusit Princess (upper midscale), ASAI Hotels (midscale lifestyle), and Elite Havens (luxury villa rentals), the new brands extend Dusit's reach across the lodging spectrum to deliver fresh and immersive experiences for g...

Classic Hotels & Resorts Rebrands As Marc & Rose and Launches Property Renovations

Marc & Rose | September 19, 2023

PHOENIX - Sept. 19, 2023 – Renowned hospitality group Classic Hotels & Resorts is rebranding to Marc & Rose Hospitality. It currently operates fourteen iconic hotels and restaurants throughout the American West including the Arizona Grand Resort & Spa, High Country Motor Lodge, Hotel Carmel, Laguna Beach House, La Playa Hotel, The Inn at Laguna Beach and The Scott Resort & Spa. Over the next 12 months, Marc & Rose will reintroduce two of its longest-held and most-beloved properties with multi-million dollar renovations undertaken in collaboration with world class designers: La Playa Hotel in Carmel-by-the-Sea...

Hyatt Plans Growth in Luxury and Lifestyle Brand Footprint With a Development Pipeline of More Than 30 Planned Hotels and Resorts in the Americas Regi

Hyatt | September 19, 2023

CHICAGO (September 19, 2023) – Hyatt Hotels Corporation (NYSE: H) continues to strategically grow its luxury and lifestyle brand footprint with a strong development pipeline of more than 30 planned hotels and resorts in the Americas region through 2025, including the expansion of Hyatt brands into new markets. Over the last five years, globally, Hyatt has doubled its number of luxury rooms, tripled the number of resort rooms, and quadrupled the number of lifestyle rooms – and the momentum continues. Hyatt is the fastest growing luxury portfolio, with luxury, lifestyle, and resort hotels now making up over 40% of Hyatt's portfolio, rein...

Ennismore To Open Second Mama Shelter in Los Angeles With the Signing of New Property

ENNISMORE | September 19, 2023

Ennismore, the fastest-growing lifestyle hospitality company, and partner Shivom LLC, today announced the signing of Mama Shelter Downtown LA, set to open in 2026. The second Mama Shelter hotel in the city comes following the success of Mama Shelter LA, which opened in May 2015 in Hollywood. Transforming the existing Mart South Building in Downtown LA, the new Mama Shelter will boast 149 keys, including 145 standard rooms and four suites in Mama’s signature sassy and flamboyant style. A haven for people of all ages, Mama Shelter Downtown LA will offer three festive F&B outlets to party and play with an all-day dining restaurant and ...

Holidaying in the Metaverse

PolyU School of Hotel and Tourism Management | September 19, 2023

In the future, it may be more expensive, time-consuming, and risky to travel halfway around the world for a holiday getaway. What if we could experience a convincing virtual version of the real thing? The Metaverse – a parallel digital realm blending real and fantasy worlds – has been tipped as the next disruptive technology, on track to completely alter reality as we know it, and tourism and hospitality businesses should be preparing for the switch. Dr Michael Lin and Dr Daniel Leung of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University and their co-author’s new paper describe the Metaverse’s po...

American Hotel & Lodging Association and Hotel Association of Canada Announce Expansion of Green Key Global Sustainability Certification Program

AHLA | September 19, 2023

Green Key Global is the best-in-class sustainability process and practice certification for the hotel and lodging industry, designed by hoteliers, for hoteliers. WASHINGTON (Sept. 19, 2023) – Today, the American Hotel & Lodging Association (AHLA) and the Hotel Association of Canada (HAC) have signed a Letter of Intent to form a joint venture company that will own and operate the Green Key Global certification program in the United States and Canada. The announcement, made at the Lodging Conference in Phoenix, represents a pivotal moment for environmental action in the hotel industry. Green Key Global is a North American environment...

With Group Travel on the Rise, Gen Z Travelers Are Seeking Reputable Travel Companies That Offer Good Value Finds StudentUniverse Survey

StudentUniverse | September 19, 2023

Waltham, Mass. (September 19, 2023) – During the pandemic there was much speculation over the resiliency of group travel. The leading consensus amongst travel professionals was that the segment would bounce back, but questions loomed over how group travel would evolve in light of the pandemic and how would the growing market of Gen Z travelers contribute to trends in the group travel segment. StudentUniverse, a Flight Centre Travel Group company and the world’s largest student and youth travel marketplace, endeavored to answer some of these questions and conducted a survey of Gen Z travelers in the US to get their insights on group tr...

CANVAS Hotel Dallas Becomes First US-Based Property To Adopt Next Generation VingCard Novel Locks by ASSA ABLOY Global Solutions

The ASSA ABLOY Group | September 19, 2023

Trendsetting boutique property deploys latest in future-proof hotel security combined with an attractive and sustainable door lock design. Stockholm – September 19, 2023 – ASSA ABLOY Global Solutions, a leading provider of advanced security technology for the hospitality industry, has announced the first successful US-based deployment of its VingCard Novel door lock solution by CANVAS Hotel Dallas. A property catering to its guests with an industrial-chic design and the latest in modern comforts, CANVAS Hotel Dallas with VingCard Novel can now keep pace with evolving security standards and guest behaviors while maintaining the building...

Stoney Creek Hotels Partners with Travel Outlook, The Premier Hotel Call Center, To Boost Voice Revenue and Increase Guest Satisfaction

Travel Outlook The Premier Hotel Call Center™ | September 19, 2023

SANTA FE, NEW MEXICO (September 19, 2023) — Travel Outlook, The Premier Hotel Call Center™, is pleased to announce that Stoney Creek Hotels (Stoney Creek), a group of 12 unique, privately owned and operated inns and hotels, has partnered with Travel Outlook to provide voice channel services for Stoney Creek. Known for its highly personalized and effective service, Travel Outlook was chosen to enhance customer service and to take advantage of upselling opportunities for the Stoney Creek brand. As the first and only call center certified by the Kennedy Training Network (KTN), Travel Outlook uses a specific sales approach developed exclus...

Eric Fullem Joins Plant Riverside District in Savannah, Georgia as Executive Chef

Plant Riverside District | September 18, 2023

SAVANNAH, Ga. (Sept. 18, 2023) – Plant Riverside District – a leading destination for exceptional food, live entertainment and more in Savannah, Ga. – recently hired former Sea Island Company Executive Chef Eric Fullem as Executive Chef. At Plant Riverside District, Fullem oversees culinary operations at 14 acclaimed restaurants as well as banquet services for the award-winning JW Marriott Savannah Plant Riverside District located on Savannah’s historic riverfront. Fullem brings 19 years of culinary experience to Plant Riverside District and is a respected chef with extensive experience planning upscale wine dinners, fresh seaso...

Fairmont Dallas Introduces Rajiv Jha as Director of Food & Beverage

ACCORHOTELS | September 18, 2023

DALLAS - September 18, 2023 - Fairmont Dallas is thrilled to welcome Rajiv Jha as the newly appointed Director of Food & Beverage. Reporting to the Hotel Operations Director, he will oversee all Food & Beverage operations at Fairmont Dallas, the iconic Dallas Arts District hotel. Jha most recently worked as Food & Beverage General Manager at Fairmont Grand Del Mar. Prior to that he served as the F&B Outlets Manager at Fairmont Orchid, Hawaii and Fairmont Dubai. With international experience in United Arab Emirates, India, and East Africa; Jha brings over 16 years of hotel and food and beverage leadership experience to his ...

Andaz Macau Opens Doors as Largest Property within Andaz Brand Portfolio

andaz | September 18, 2023

CHICAGO (September 18, 2023) ––Hyatt Hotels Corporation (NYSE:H) announced today the opening of Andaz Macau in collaboration with Galaxy Macau™, the city’s prestigious luxury shopping, dining, entertainment and resort complex. The latest opening is the Andaz brand’s first and only hotel in Macau and its largest property globally. Inspired by the vibrant local art, culture, and architecture, the hotel features more than 700 uniquely appointed guest rooms and suites, immersing guests in the "real Macau." The hotel features a stunning collection of artworks and artifacts that tells the story of the city's soul through art, celebratin...

Omni Hotels & Resorts Names Four Seasons Veteran Vince Parrotta to Newly Created Chief Operating Officer Role

Omni Hotels | September 18, 2023

Dallas, TX – Omni Hotels & Resorts is pleased to announce the appointment of Vince Parrotta as its new Chief Operating Officer. With over 40 years of operations experience, Parrotta brings a wealth of expertise from his previous role as President, Hotel Operations - Americas at Four Seasons Hotels and Resorts. This strategic move comes as Omni embarks on its first brand refresh in over a decade, aiming to provide elevated guest experiences amidst significant growth to its diverse portfolio. In this newly created position at Omni, Parrotta will oversee hotel operations as well as related brand and guest experience roles. “The ...

The Balmoral, a Rocco Forte Hotel in Edinburgh, Appoints Andrew McPherson as General Manager

The Balmoral | September 18, 2023

EDINBURGH, SEPTEMBER 2023:  The Balmoral, a Rocco Forte hotel in Edinburgh, has announced the appointment of Andrew McPherson to the position of General Manager. Andrew will oversee the iconic Edinburgh hotel, boasting 167 rooms and 20 suites as well as a comprehensive spa and fitness centre and a diverse culinary offering. This encompasses two restaurants: the acclaimed fine dining restaurant, Number One, Brasserie Prince and its bar, Bar Prince. Additionally, the Palm Court is known for its celebrated afternoon-tea experience and the prestigious world-class whisky destination, SCOTCH. The only Forbes Five-Star hotel in Scotland is d...

Hyatt Adds Hotels in New Markets with Hyatt Place and Hyatt House Openings Across the U.S.

hyatt place | September 18, 2023

CHICAGO--Hyatt Hotels Corporation (NYSE: H) announced today the continued strategic growth of the Hyatt Place and Hyatt House brands throughout 2023. This growth includes expanding the brand’s footprint in the U.S. in new markets where there are no Hyatt hotels and the thoughtful expansion of airport locations in key markets. Today’s news comes on the heels of Hyatt announcing significant progress in the development of the Hyatt Studios brand, the latest select service brand in the Hyatt portfolio, including executed franchise agreements for the first locations in Mobile, Ala. and Marysville, Calif., emphasizing Hyatt’s strategy of ...

HVS Outlook Fall 2023: Discovering a New Normal

Anne R. Lloyd-Jones | September 18, 2023

By Anne R. Lloyd-Jones, McKenna Luke The strong growth that characterized the last three quarters of 2022 continued through Q1 2023 to complete a full twelve months of recovery. Despite inflation, an active Fed, and persistent recessionary concerns, the lodging industry continued to benefit from robust leisure and “bleisure” demand, supplemented by accelerating group demand. Overall, total demand exceeded 2019 levels beginning in September 2022, and this trend continued through March 2023. Trends through the middle of the year have been mixed. Occupancy levels remained relatively stable to modestly lower from April through August 2...

Amsterdam Hotel Performance Jumped During Eventful August

CoStar Group | September 18, 2023

WASHINGTON – 18 September 2023 – Amsterdam’s hotel industry showed event-driven improvement in monthly performance, according to preliminary August 2023 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. August 2023 (year-over-year % change): Occupancy: 80.0% (+5.2%) Average daily rate (ADR): EUR180.45 (+18.9%) Revenue per available room (RevPAR): EUR144.40 (+25.0%) The market’s hotel performance was helped by several events, including Pride Amsterdam, the 46th Congress of the European Society of Cardiology (ESC) and the Dutch Grand...

Richmond, Virginia’s RevPAR Rebound and Diverse Lodging Demand

Chelsey Leffet | September 18, 2023

By Chelsey Leffet Richmond’s economy is diverse compared to the greater region. The city has long been a hub for a number of industries, including financial, medical, biotechnology, manufacturing, and transportation. Moreover, the presence of federal and state agencies is a stabilizing factor for the area’s economy. The city’s economic base is supported by major colleges and universities, Dominion Energy, a Federal Reserve Bank, Virginia Commonwealth University Health System, and the VA Bio+Tech Park businesses, just to name a few. Local hotels benefit from the strength of these employers. The Richmond region’s lodging ...

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