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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

EOS Hospitality Appoints Emily Nelson as General Manager of Kennebunkport Resort Collection

EOS Hospitality | August 12, 2024

A respected leader in the hospitality industry, Emily Nelson will focus on the ten luxury getaway destinations and eight award-winning restaurants in the Kennebunkport Resort Collection portfolio Kennebunkport, ME (August 2024) – EOS Hospitality, a full-service management company with a distinctive portfolio of best-in-class hotels and resorts, proudly announces the appointment of Emily Nelson as General Manager of the Kennebunkport Resort Collection (KRC). In her new role, Emily will oversee the collection’s ten luxury getaway destinations and eight award-winning restaurants, bringing her extensive experience and passion for hospitality...

Grand Hyatt Seattle Welcomes Kyle Cox as Executive Chef

Grand Hyatt Seattle | August 12, 2024

SEATTLE (August 12, 2024) – Grand Hyatt Seattle has announced the appointment of Kyle Cox, a five-year member of the Hyatt family, as executive chef. Chef Cox will serve as the visionary leader of the luxury downtown property's impressive culinary program, including its new sophisticated lobby bar (The Elliott Bar on Pine), in-room dining offerings, and banquet services. Chef Cox comes to Grand Hyatt Seattle from Grand Hyatt Vail, where he served as chef de cuisine and then executive sous chef, and was responsible for planning, staffing, and opening the property's signature restaurant, Makoto, as well as supporting other food and bevera...

BWH Hotels Strengthens Its Presence in Türkiye With New Best Western Premier Ottoperla Hotel in Istanbul

BWH Hotels | August 12, 2024

Istanbul, Türkiye (August 12, 2024) – BWH Hotels today announced the opening of the Best Western Premier Ottoperla Hotel in Istanbul, further showcasing the brand’s strategic growth and expansion throughout Türkiye. The Best Western Premier Ottoperla Hotel is located along the serene shores of the Marmara Sea, providing guests with breathtaking views and easy access to Istanbul's historic and cultural landmarks. The property’s 120 guest rooms and suites highlight its modern architecture and provide luxurious amenities, including an on-site spa, gym, playground, and tennis and basketball courts. “We are excited to open the Best...

La Fonda Hospitality Group Appoints Danielle Auckerman as General Manager of Newly Reimagined Piñon Court in Santa Fe

Piñon Court | August 12, 2024

Auckerman to Oversee Operations of Boutique Hotel and Recently Opened Restaurant SANTA FE – August 12, 2024 – La Fonda Hospitality Group is pleased to announce Danielle Auckerman as general manager of its 58-room boutique court hotel in downtown Santa Fe, Piñon Court by La Fonda, and its brand-new on-site dining concept, Bistro & Lounge at Piñon Court. As general manager, Auckerman ensures guest satisfaction and provides full oversight of the historic property, which was formerly Old Santa Fe Inn. The hotel recently underwent a rebrand and extensive renovation of its lobby, guest rooms and suites, while welcoming the addition o...

The Don CeSar Appoints Marina Baronas as Director of Food and Beverage

THE DON CESAR AND BEACH HOUSE SUITES | August 12, 2024

St. Petersburg, Florida – August 12, 2024 – Florida’s iconic Pink Palace®, The Don CeSar, is pleased to announce the appointment of Marina Baronas as director of food and beverage for the resort and its sister property, Beach House Suites. In this role, Baronas will oversee the properties’ banquet operations and six dining outlets including the award-winning Maritana, Society Table, Uncle Andy’s Market, The Rowe Bar, Lobby Bar, and Beacon Pool Bar & Lookout. As a fifth-time food and beverage director, Baronas has nearly two decades of experience at luxury and independent properties. Most recently, she was the director of food ...

Park Hotel Group Replaces Legacy PMS With Shiji Enterprise Platform for Superior Guest Experience

Shiji | August 12, 2024

Combining luxury, service excellence, and cutting-edge technology for improved guest services at Park Hotel Group's locations throughout the Asia-Pacific region. SINGAPORE, August 12, 2024 – Shiji, the global hospitality technology innovator is excited to announce that Park Hotel Group has selected Shiji Enterprise Platform to further enhance the experience of their guests.  As one of Asia Pacific’s leading hospitality companies, Park Hotel Group continues to innovate by incorporating state-of-the-art technology. Located in Japan’s scenic Ishikari Bay and known for its breathtaking views and exceptional amenities, Grand Park Ota...

Hilton Aruba Caribbean Resort & Casino Undergoing Multimillion-Dollar Renovation and Expansion

Hilton Aruba Caribbean Resort & Casino | August 12, 2024

Property-wide enhancement will introduce new tower and refined culinary concepts Palm Beach, Aruba (August 12, 2024) – Hilton Aruba Caribbean Resort & Casino is undergoing a progressive resort enhancement project to further elevate the resort experience. Set to debut in fall of 2025, the $100 million property-wide re-imagination includes an expansion with a new sophisticated beachfront tower, new culinary concepts and upgrades to the existing towers’ guest rooms. “These enhancements will redefine the guest experience at the award-winning resort and further expand our legacy as a top destination for visitors to Aruba,” said Lawr...

PTM Partners and DoveHill Open Moxy St. Pete

Moxy St. Pete | August 12, 2024

PTM Partners and DoveHill have opened the doors to Moxy St. Pete, the first lifestyle hotel and first rooftop destination in St. Petersburg’s most vibrant neighborhood. ST. PETERSBURG, FLA. (August 12, 2024) – PTM Partners and DoveHill are proud to announce the opening of Moxy St. Pete, under management from the Wurzak Hotel Group. Located on Central Avenue, one of the most vibrant streets in Florida, the newly built property is the first lifestyle hotel in downtown St. Petersburg. Meticulously designed by Storyn Studio for Architecture, the hotel introduces 163 guest rooms and suites; the Edge District's first rooftop pool deck, as well...

Green Key Global Announces Inaugural Slate of Board Members

Green Key Global | August 12, 2024

WASHINGTON (Aug. 12, 2024) – Green Key Global – the only sustainability certification designed specifically for hotels – today announced its first-ever slate of board members and the appointment of Heather McCrory, a hospitality expert with 40 years of experience in the industry, as chair. McCrory recently served as CEO of Accor’s North American and Central American operations, and currently advises the hospitality industry as principal of Heather J. McCrory & Associates. She joins other top hospitality professionals who will guide Green Key Global, the world’s leading hotel sustainability certification provider, which is j...

India Projected to Lead Asia Pacific, Excluding China, in New Hotel Openings Through 2026

Lodging Econometrics | August 12, 2024

August 12, 2024 – PORTSMOUTH, NH In the Q2 2024 Asia Pacific, excluding China (APEC), Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the total pipeline in APEC has hit a record 2,056 projects with 406,118 rooms, marking a 6% increase in projects and a 1% rise in rooms year-over-year (YOY). Currently, 864 projects with 199,784 rooms are under construction in the APEC region. Projects scheduled to start construction in the next 12 months have risen to 358 with 65,853 rooms, up 23% by projects and rooms YOY. Projects and rooms in the early planning stage have soared to a record-high 834 projects with 140,481 roo...

Hospitality Financial Leadership The Number 1 Financial Mistake Hoteliers Make

David Lund | August 12, 2024

Now that’s a big statement to put out there, but I’m very confident that I’m pretty close to 100% correct with my observations. The reason why I’m so sure is that I know most hoteliers are not financial people and they are oblivious to the issue I am going to explain. On top of that – I see this all the time. It’s also pretty clear that most hoteliers don’t have an accounting background and knowing this fact prompts me to write this piece and hopefully clear up the picture for others. The catalyst for my article is the many discussions I've had with my clients over the years around this topic. Here is the...

Hospitality Asset Managers Association (HAMA) Opens 2024 Student Case Competition

HAMA | August 12, 2024

More than 40 Undergraduate and Graduate-Level Programs Invited to Participate  NEWTON, Mass., Aug. 12, 2024—Officials of the Hospitality Asset Managers Association (“HAMA”) today announced that it has now accepting submissions for the 19th Annual HAMA Student Case Competition.  Participating students from more than 40 undergraduate and graduate programs nationwide are given a return on investment scenario to analyze and formulate a recommendation to improve the business.  This year, HAMA has partnered with HotStats for benchmarking data and LARC for a market forecast of Boston. These industry leading firms have provided critical rep...

How Much Should a Hotel Website Cost?

Lodging Interactive | August 12, 2024

Lodging Interactive offers a SaaS model where a hotel pays a nominal fee upfront and continues with monthly payments for the term of the contract, after which the website is fully owned by the property. Thanks to website and hosting technology advancements over the past 15 years, spending tens of thousands of dollars to build a high-converting hotel website is no longer necessary. This is important for hotel marketers to understand, as they typically allocate less than 5% of their annual budget to marketing. “Independent hotels typically allocate about 4-5% of their total revenue to their overall marketing budget. Within this budget, ...

InterContinental Buckhead Atlanta Appoints Kurt Schwan as Director of Sales and Marketing

InterContinental Buckhead Atlanta | August 8, 2024

The Award-Winning Buckhead Hotel Welcomes Atlanta Hospitality Sales Leader Kurt Schwan ATLANTA, GA. (August 8, 2024) – Intercontinental Buckhead Atlanta is proud to announce the appointment of Kurt Schwan to Director of Sales & Marketing. Schwan is a seasoned hospitality veteran with twenty years of experience within the Atlanta, Georgia market working for notable luxury, convention and lifestyle brands such as Hilton Hotels & Resorts and various brands under the Marriott International umbrella. Kurt joined InterContinental Buckhead Atlanta in this leadership role April 29. "Today, we are thrilled to announce the appointment of o...

Corporate Travel Industry Must Embrace Emerging Technology to Remain Competitive and Accelerate Growth According to New Research From GBTA and Cvent

The Global Business Travel Association | August 8, 2024

Report outlines the importance of technology in the business travel industry as a disruptor and enabler with artificial intelligence and blockchain at the top of the emerging technology list The time for technology to transform, disrupt and accelerate business travel growth is here – according to a new study, “The Future is Now: Technological Transformation in Corporate Travel,” published today by the Global Business Association GBTA, the world’s premier business travel and meetings trade organization, and made possible by Cvent, an industry-leading meetings, events, and hospitality technology provider. Based on a survey of bus...

Four Seasons Hotel Tokyo at Otemachi Welcomes Uday Rao as Regional Vice President and General Manager

Four Seasons | August 8, 2024

In the vibrant heart of Tokyo, where tradition meets modernity, Four Seasons Hotel Tokyo at Otemachi announces a new chapter in its storied legacy with the appointment of Uday Rao as Regional Vice President and General Manager. Rao, a seasoned leader whose journey with Four Seasons began more than three decades ago, now returns to a country that has always held a special place in his heart. Uday’s role is multifaceted and expansive. From his base at Four Seasons Hotel Tokyo at Otemachi, he will oversee operations across Japan, including the iconic properties in Marunouchi and Kyoto, as well as the new Four Seasons in Osaka. "My job i...

STR, TE Maintain 2024-25 U.S. Hotel Forecast

STR | August 8, 2024

NASHVILLE – STR and Tourism Economics made slight adjustments to the 2024-25 U.S. hotel forecast just released at the 16th Annual Hotel Data Conference. For 2024, projected gains in average daily rate (ADR) were downgraded 0.1 percentage points, while revenue per available room (RevPAR) was held steady at +2.0% year over year. Occupancy for the year was upgraded 0.2 ppts, after the previous forecast projected a year-over-year decline in the metric. For 2025, the occupancy growth projection was also lifted (+0.2ppts), while the forecast for ADR and RevPAR increases were kept at +2.0% and +2.6%, respectively. “Midscale and Eco...

U.S. Hotel Results for Week Ending 3 August

CoStar Group | August 8, 2024

WASHINGTON – 8 August 2024 – The U.S. hotel industry reported slightly positive comparisons year over year, according to CoStar’s latest data through 3 August. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets.  28 July through 3 August 2024 (percentage change from comparable week in 2023): Occupancy: 69.4% (+0.8%) Average daily rate (ADR): US$159.63 (+0.6%) Revenue per available room (RevPAR): US$110.84 (+1.3%)  Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+28.1% to 75.8%) and RevPAR (+45.7% to US$93.88...

MHG Hotels Acquires Homewood Suites Bloomington, IN

MHG Hotels | August 8, 2024

Bloomington, IN – August 8, 2024 – MHG Hotels is proud to announce the acquisition of the Homewood Suites Bloomington, located at 1399 Liberty Drive, Bloomington, IN. This well-regarded property is ideally positioned near Indiana University, providing easy access to the campus, sports events, and cultural attractions. Sanjay Patel, President and CEO of MHG Hotels, commented, "This acquisition reinforces our commitment to expanding our footprint in key markets. We are excited about the opportunities this property presents in Bloomington, especially given our strong presence in the area with existing hotel, apartment community, and anothe...

Summer Trip Length and Spending Both on the Rise in 2024

Allianz Partners | August 8, 2024

Average Trip Length Expected to Grow to 4.6 Nights as the Amount Spent on 3-Night Trips Nearly Doubles Over Two Years RICHMOND, Va., Aug. 8, 2024 -- Americans are planning to take longer stretches of time off this summer, according to Allianz Partners USA's 16th Annual Vacation Confidence Index. New research indicates that travel remains a strong priority based on an increase in both average trip length and average spend on room nights, with staggering splurge statistics reported for three-night getaways. Travelers splurge on 3-night trips, nearly doubling their average spend over the last two years. As both trav...

Choice Hotels International Reports Second Quarter 2024 Results

Choice Hotels International, Inc. | August 8, 2024

Raises Midpoint of Full-year 2024 EPS Guidance Global Rooms Pipeline up 22% and Openings up 20% Year-over-Year NORTH BETHESDA, Md., Aug. 8, 2024-- Choice Hotels International, Inc. (NYSE: CHH), one of the world's leading lodging franchisors, today reported its second quarter 2024 results. Highlights include: Total revenues reached $435.2 million for second quarter 2024, a quarterly record and a 2% increase compared to the same period of 2023. Net income increased 3% to $87.1 million for the second quarter of 2024, representing diluted earnings per share (EPS) of $1.80, a 9% increase compared to the same period of 2023. Sec...

IHG Hotels & Resorts Welcomes Verno House Budapest to Vignette Collection

IHG Hotels & Resorts | August 8, 2024

IHG Hotels & Resorts is proud to welcome Verno House Budapest to Vignette Collection, part of its luxury and lifestyle portfolio – now the second largest in the world. A boutique retreat in the heart of the city, Verno House Budapest, Vignette Collection will this summer mark the Hungarian debut of IHG’s first collection brand, a fast-growing family of distinct hand-picked hotels each offering one-of-a-kind stays in destinations to remember. Vignette Collection properties are unique in their identity, yet united by the vision to offer a more authentic way to travel. Verno House Budapest, Vignette Collection presents an urban oas...

Ennismore Signs First All-Inclusive SLS Resort in Mexico’s Playa Mujeres

Ennismore | August 8, 2024

SLS Playa Mujeres, located in the private beach destination north of Cancún, will be Ennismore’s first all-inclusive resort in the Americas.  SLS Playa Mujeres Cancún will open on November 1st and introduce a new kind of all-inclusive to Mexico, offering guests an elevated and luxurious experience. Ennismore, the fastest-growing lifestyle and leisure hospitality company, is delighted to announce the signing of SLS Playa Mujeres Cancún, the SLS brand’s first step into the all-inclusive resort experience, opening on November 1st. This signing also marks the first all-inclusive destination for Ennismore in the Americas as part of Enn...

The Kimpton Sawyer Hotel Appoints Sam Shafer as Executive Chef

The Kimpton Sawyer Hotel | August 8, 2024

SACRAMENTO, CALIF. (August 8, 2024) – The Kimpton Sawyer Hotel announces the appointment of Sam Shafer as Executive Chef of Revival at the Sawyer, the hotel’s rooftop restaurant and bar. Embodying casual cool luxury, Revival at the Sawyer features an airy, open floorplan and a beautifully landscaped pool deck, creating a vibrant atmosphere with natural textures and lively energy. With over 16 years of experience throughout the Golden State’s hospitality landscape, Shafer brings a wealth of expertise, creativity and passion to his new position. He will oversee Revival’s spirited menu focused on inventive New American dishes spanni...

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