Analysis-Companies Boost Social and Climate Reporting Amid ESG Backlash
November 4th, 2024
MCR Acquires the Canopy by Hilton Charlotte Southpark
MCR | September 13, 2023
NEW YORK-- MCR — the country’s 3rd-largest hotel owner-operator — has acquired the Canopy by Hilton Charlotte Southpark, a five-story, 150-room hotel built in 2020 in Charlotte, North Carolina. Closed with new financing in place, the hotel was purchased at a 20% discount to MCR’s estimated replacement cost. This is the company’s sixth hotel in North Carolina and its first Canopy by Hilton hotel. Situated in the upscale commercial and residential Charlotte suburb of Southpark, the hotel is located 25 minutes from the Charlotte Douglas International Airport — the sixth busiest airport in the U.S., serving over 50 million passen...
Ready for the Future? Five Leadership Trends Reshaping Hospitality
EHL | September 13, 2023
New technologies, employee well-being, CSR, and Diversity, Equity and Inclusion initiatives are all strong trends influencing the management of global hospitality businesses today. Adapting to the evolving landscape of the global hospitality industry To lead people and organizations successfully in the coming years, leaders need to have a clear understanding of these trends and how to implement them while considering the specific needs of their organizations and the context of their market. In this article, we’ll discuss the top five trends influencing global hospitality businesses, and their leadership, today. And we’ll offer some s...
The Best Seat in the House is a Cheap Seat
Anthony Davis | September 13, 2023
By Anthony Davis If you were to travel to see your favorite musical act in any city in the US, which city would you choose? How would you decide? Would you want to travel somewhere with a famous music scene, a fun destination with things to do and good infrastructure, or look for the cheapest ticket you can find? We know from previous HVS analysis that many fans are willing to travel, but that not all concert tour destinations have the same appeal. Why do different stadiums or cities get more visitors and associated imported economic impact than others? To answer this question, we gathered data from Pollstar on four large domestic tou...
MGM Resorts International Statement on Cybersecurity Issue
MGM Resorts International | September 13, 2023
Las Vegas, Sept. 12, 2023 — MGM Resorts International (the "Company" or "MGM Resorts") today issued the following statement: "MGM Resorts recently identified a cybersecurity issue affecting certain of the Company's systems. Promptly after detecting the issue, we began an investigation with assistance from leading external cybersecurity experts. We also notified law enforcement and are taking steps to protect our systems and data, including shutting down certain systems. Our investigation is ongoing, and we are working diligently to resolve the matter. The Company will continue to implement measures to secure its business operations and ...
Marriott International Signs Agreement With Pt. Pakuwon Jati Tbk. to Build Three Properties in Indonesia’s New Capital City
Marriott International, Inc. | September 13, 2023
The signing marks Pakuwon Jati and Marriott International’s expected entry in Ibu Kota Nusantara Marriott International, Inc. announced it has signed a Hotel Management Agreement with Indonesian real estate developer, PT. Pakuwon Jati Tbk. to open three properties in Indonesia’s new capital city, Ibu Kota Negara Nusantara. The multi-deal agreement was signed by President and CEO of Marriott International Anthony Capuano and President Commissioner of PT. Pakuwon Jati Tbk. Alexander Tedja. “We are thrilled to be working with PT. Pakuwon Jati Tbk. on this landmark agreement,” said Ramesh Jackson, Area Vice President, Indonesia and M...
The Oak and the Willow: The Urgency of Tech Architecture Overhaul in Hotels
Aaron Shepherd | September 13, 2023
By Aaron Shepherd There is an old parable about the oak and the willow. When a storm approaches, everyone assumes that the mighty oak will be the last one standing, yet its rigidity causes it to shatter under the storm's force. Meanwhile, the willow bends with the wind, leveraging its flexibility to survive the storm unharmed. In the travel and hospitality industry, being the willow means adaptability, speed, and efficiency. It’s clear hoteliers today face a stark new reality: technology is more vital to all aspects of hospitality and travel than ever before. Why? For one thing, it’s a competition game changer. The next decade will be ...
Growing the Bleisure Segment With Great Technology
ADAM AND LARRY MOGELONSKY | September 13, 2023
By Adam Mogelonsky, Larry Mogelonsky The landscape of a hotel's future is undergoing a substantial shift, transcending the traditional divisions of leisure, corporate and group guests. This recognition is well established among hoteliers, yet the prevailing challenge stems from the abundance of information. Legacy systems, entrenched and costly to integrate, coexist with fragmented guest profiles trapped within data silos. Nonetheless, the imperative for system unification and cohesive guest profiles, particularly within the realm of enterprise-level operations, is making big wins and will continue to do so well into 2024. Newly emergin...
Highline Hospitality Partners Acquires Homewood Suites by Hilton Eatontown
ighline Hospitality Partners | September 13, 2023
NEW YORK (September 13, 2023) – Highline Hospitality Partners (HHP), the hospitality investment platform launched by Highline Real Estate Partners (HREP), has acquired the Homewood Suites by Hilton Eatontown. The 131-room, extended-stay hotel, which is HHP’s eleventh property, is located in Eatontown, NJ in close proximity to the Jersey Shore beaches, major hospital systems, sports complexes and universities. The hotel is also located near Fort Monmouth, a decommissioned army base that is in the process of undergoing a transformational redevelopment. Highline Hospitality Partners' team has more than 60 years of combined experience acros...
Crestline Selected to Manage the Ohio University Inn and Conference Center
Crestline Hotels & Resorts | September 13, 2023
FAIRFAX, VA – September 13, 2023 — Crestline Hotels & Resorts, LLC (“Crestline”) announced today it has been selected to manage the Ohio University Inn and Conference Center. The 139-guest room hotel is located on the campus of Ohio University in Athens, Ohio. The hotel's recently updated guest rooms and suites are complemented with 4,500 square feet of conference and event space plus expansive outdoor areas making it perfect for corporate gatherings as well as social events and weddings. “We are honored to be selected as the management company for this beautiful hotel and conference center on the prestigious campus of Ohio U...
The St. Regis Red Sea Resort Set for December 2023 Opening
t. Regis Hotels & Resorts | September 13, 2023
The St. Regis Red Sea Resort, part of Marriott Bonvoy’s global portfolio of 31 extraordinary hotel brands, today announces the opening of bookings ahead of its winter opening. Set to welcome guests from December 2023, the resort is crafted on Ummahat Island amongst a conservation area on the coast of the Red Sea. Accessed by chartered boat or seaplane, the pristine private island is home to white sandy beaches and lush tropical gardens, and is fringed by a thriving coral reef and a vibrant habitat for protected wildlife and flora. The Red Sea is surrounded by the world's fourth-largest barrier reef system and spans over 28,000 square...
SureStay Plus by Best Western Reading North Makes Its Debut in Pennsylvania
BWH Hotels | September 13, 2023
Reading, Pennsylvania (September 13, 2023) - The SureStay Plus by Best Western Reading North has opened its doors in Reading, Pennsylvania, 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 Plus by Best Western Reading North 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 providing quality service ...
Thompson San Antonio – Riverwalk Names David Arciniega as Executive Chef
Thompson San Antonio – Riverwalk | September 13, 2023
SAN ANTONIO, TEXAS. (September 13, 2023) – Thompson San Antonio – Riverwalk, an award-winning contemporary hotel on the banks of the iconic San Antonio River Walk, today announced the appointment of David Arciniega as Executive Chef. A native of San Antonio, Chef Arciniega has been a member of the hotel’s culinary team since he joined as Executive Sous Chef in 2022, responsible for the concept design and execution of all private events. In his new role, Chef Arciniega will oversee the hotel’s culinary program, from weddings and events to its signature dining venues, The Moon’s Daughters and Cenote Pool Deck, which offer Mediterrane...
The Westin Resort & Spa, Himalayas Appoints Pankaj Singh Panwar as Executive Chef
Westin Hotels & Resorts | September 13, 2023
September 13, 2023 — The Westin Resort & Spa, Himalayas one of the most iconic resorts in Marriott International’s diverse portfolio in India, has announced the appointment of Pankaj Singh Panwar as its Executive Chef. Pankaj will be responsible for spearheading the culinary operations, ensuring efficiency, supervising quality guest experiences and satisfaction. Pankaj Singh Panwar is a seasoned chef with global experience of over a decade in the hospitality industry. His primary responsibilities will involve supervising the culinary operations, upholding high-quality standards, improving efficiency, and ensuring utmost guest sat...
Four Seasons and Cisneros Real Estate to Develop New Luxury Resort and Residences in the Dominican Republic
CISNEROS REAL ESTATE | September 12, 2023
Four Seasons and Cisneros Real Estate (Cisneros) announce plans for the development of Four Seasons Resort and Residences Dominican Republic at Tropicalia, a sustainable luxury destination located on a 60-acre (24 hectare) site along the pristine beachfront of Playa Esmeralda in northeastern Dominican Republic, along the southern shores of Samaná Bay. The project will combine the globally renowned hospitality and service of Four Seasons and Cisneros’ decades of business and investment in the Dominican Republic, Latin America and the United States. With construction underway, the project is slated to open in early 2026. Featuring a tro...
Hyatt Signs With Hotel Properties of Panama to Expand Footprint in Panama
Hyatt Regency | September 12, 2023
Expected to open in summer 2024, Hyatt Regency Panama City will help Hyatt grow its brand in a bustling leisure and business travel market CHICAGO (September 12, 2023) – Hyatt Hotels Corporation (NYSE:H) in collaboration with Hotel Properties of Panama Inc., today announced the planned expansion of the Hyatt Regency brand in the Latin America & Caribbean region with Hyatt Regency Panama City, expected to open in summer 2024. Hyatt Regency Panama City will be the first Hyatt Regency hotel in Panama City and the third Hyatt hotel in Panama. Perfectly situated for business and leisure travelers, the hotel will be in the heart of Pana...
Riu Palace Macao Reopens Following Comprehensive Renovation
RIU | September 12, 2023
Punta Cana, 12 September 2023 — RIU Hotels reopens Riu Palace Macao. After several months of work, the hotel chain is unveiling this elegant 24-hour All-Inclusive Adults-Only hotel after a full renovation. The hotel, which became the first RIU Palace line hotel in the Americas in 1994, had been remodelled once before in 2012. Guests can now enjoy beautiful decor, new menus and new ideas, notably including Elite Club by RIU, an exclusive service with perks and spaces designed for guests looking to take their experience at RIU Hotels to the next level. The common areas are now decorated with the sophistication of the RIU Palace line, with ...
Munich Marriott Hotel City West Brings 398 Guestrooms to the City’s Westend District
Marriott Hotels | September 12, 2023
Marriott Hotels, the signature flag of Marriott Bonvoy’s extraordinary portfolio of 31 hotel brands, today unveiled the newest addition to its portfolio with the opening of Munich Marriott Hotel City West. Situated in the vibrant and bustling Westend district of Munich, a cultural melting pot where historic sites meet leading global technology pioneers, the brand new 398-room hotel offers an inviting, sophisticated destination for travellers, featuring four dining concepts, a spectacular roof terrace, Greatroom Lobby, M Club, state-of-the-art gym and 20 innovative meeting and events spaces for all occasions. “In the heart of one of Eur...
Cycas Selected to Manage 25hours Hotel Terminus Nord in Paris
Cycas Hospitality | September 12, 2023
Cycas Hospitality has signed a hotel management agreement in its first partnership with Ennismore to operate the design-led 25hours Hotel Terminus Nord, bringing the hotel management company’s French portfolio to 10 hotels (over 1,500 rooms) in the region. With over 50 hotels under management across 12 countries, Cycas already manages three European property with Ennismore’s joint-venture partner, Accor: ibis Bridgwater, ibis Styles Copenhagen & greet Darmstadt, near Frankfurt. The 237-room 25hours Hotel Terminus Nord, located in the heart of Paris, directly adjacent to the bustling Gare du Nord in the 10th arrondissement, offer...
Foley Entertainment Group Buys Majority Stake in Farmhouse Inn in Northern California
FOLEY ENTERTAINMENT GROUP | September 12, 2023
Partnership brings together two families with deep roots in Sonoma County focused on preserving and growing the acclaimed boutique luxury resort FORESTVILLE, Calif., (September 12, 2023) – Foley Entertainment Group (FEG), established by businessman and Sonoma Valley vintner, Bill Foley, announced today the purchase of a majority stake in Farmhouse Inn in Forestville, California. Catherine and Joe Bartolomei, siblings and fifth generation Russian River Valley farmers who have owned Farmhouse Inn since 2001 and transformed the historic property into a top-rated luxury resort, will retain partial ownership of the property. FEG will assume ...
SureStay Plus by Best Western Fremont I-69 Makes Its Debut in Indiana
BWH Hotels | September 12, 2023
Fremont, Indiana (September 12, 2023) The SureStay Plus by Best Western Fremont I-69 has opened its doors in Fremont, Indiana, 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 Plus by Best Western Fremont I-69 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 providing quality service and value to i...
Waterton Launches Outbound Hotels Brand
Outbound Hotels | September 12, 2023
CHICAGO (September 12, 2023) —Waterton, a Chicago-based national real estate investor and operator, announced the official launch of its new Outbound Hotels brand, a collection of locally-minded hotels offering differentiated lodging options for lifestyle travelers seeking outdoor-inspired experiences in boutique settings. From Yosemite National Park and Jackson Hole, WY to the vistas of Mammoth Lakes, CA and the bucolic Green Mountains of Vermont, every Outbound Hotels-branded property gives visitors a curated connection to the outdoors. “Outbound Hotels expands the traditional hospitality model,” said David Schwartz, CEO and chair...
Hotel Wailea, Relais & Châteaux, Promotes Ryan Cruz to Executive Chef
Hotel Wailea | September 12, 2023
(WAILEA, MAUI) September 12, 2023 – Hotel Wailea, Hawaii’s only Relais and Châteaux property, today announces the appointment of Chef Ryan Cruz to the position of Executive Chef. The new title is a promotion for Cruz, who previously held the position of Hotel Wailea’s Chef de Cuisine since January 2023. As Executive Chef, Cruz will oversee culinary operations at the signature Restaurant at Hotel Wailea, offering fine dining with sweeping views of three Hawaiian Islands; The Birdcage Bar, the hotel’s ambient lounge; and poolside at Hotel Wailea’s cabanas where guests can enjoy light al fresco meals and drinks. "We are thrilled ...
The Magnolia Denver, a Tribute Portfolio Hotel, Appoints Leadership Team
Magnolia Hotel Denver | September 12, 2023
DENVER – September 12, 2023 – The Magnolia Denver proudly announces the addition of two new leaders joining the ranks of the acclaimed Tribute Portfolio Hotel. James Ancona has been appointed as the new General Manager and Genevieve Belou will serve as Director of Sales and Marketing for the property. Both are long-time industry veterans with experience working with top hotel brands across the country. “These leadership changes come at an exciting time for Magnolia Denver. The downtown area is rebounding and thanks to our great sports teams, entertainment options, food and culture the hotel is thriving, ” said André Fournier...
Rancho La Puerta Appoints Eliezer Quiñones as New General Manager
Rancho La Puerta | September 12, 2023
TECATE, Baja California, Mexico (September 7, 2023) – Rancho La Puerta, the original destination wellness resort and spa in North America, is delighted to announce Eliezer Quiñones as its new general manager. A hospitality industry veteran with over two decades of experience, Quiñones will be leading the iconic award-winning resort which spans 4,000 private acres of gardens, mountains, and meadows. “We are pleased to welcome Eliezer to our Ranch family,” said Sarah Livia Brightwood Szekely, president of Rancho La Puerta. “His expertise in the luxury hotel industry makes him the ideal fit for us. We look forward to seeing his posi...
