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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

How to Recognize When It’s Time to Upgrade Your Generic Accounting Platform to a Hotel-Specific Solution

Jill Wilder, President of Aptech Computer Systems, Inc. | June 24, 2024

By Jill Wilder, President of Aptech Computer Systems, Inc. When you think of the most important department in a hotel, accounting may not be the first one that comes to mind for many people. The truth is, however, a hotel or multiproperty hotel organization requires accurate data from its accounting systems to sustain its financial health and run efficiently, and that affects all of the other departments.  In 2024, global hotel market revenue is predicted to reach $446.40 billion (USD). That is a lot of revenue. For small properties or hotel companies with no more than three to four properties, their finance departments might be able to op...

Amadeus Introduces AI-Powered Technology to Modernize Hotel Business Intelligence

Amadeus | June 24, 2024

Amadeus harnesses the power of Generative Artificial Intelligence through its partnership with Microsoft to simplify a hotelier’s ability to search and understand business intelligence data using chatbot functionality For today’s busy hoteliers, having fast and easy access to business intelligence insights to support confident, data-driven decisions is critical.  In response to this, Amadeus has unveiled plans to incorporate Gen AI into an innovative new chatbot for its business intelligence suite, debuting with Agency360+™. The Amadeus Advisor chatbot powered by Azure OpenAI Service builds on the strategic partnership between the tw...

DerbySoft Launches Strategic Partnership With IDeaS

DerbySoft | June 24, 2024

Integration ensures operators save time, execute revenue strategy, and maximize revenue opportunity DALLAS, June 24, 2024—DerbySoft, the leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world's leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types. This partnership integrates IDeaS' G3 Revenue Management System with Property Connector, DerbySoft's Digital Distribution System, providing connectivity services to individual properties and small chains. G3 RMS provides...

Strawberry’s Clarion Hotel Post Adopts Vingcard’s Mobile Access With Google Wallet Compatibility for Latest in Room Entry Convenience

Vingcard | June 24, 2024

Swedish property becomes first Strawberry location featuring Vingcard, Zaplox and NXP integrations to provide guests with ability to store digitalized room keys within Google Wallet. Stockholm –June 24, 2024 – Vingcard, hospitality’s leading provider of security access solutions and other advanced technologies, has finalized the deployment of its Mobile Access digital key solution enabled with Google Wallet compatibility at Clarion Hotel Post in Gothenburg, Sweden. In collaboration with Zaplox, a leading provider of digital guest solutions, and NXP® Semiconductors, a leading provider of secure connectivity solutions for embedded appli...

Expedia Report Finds Americans Win the Gold Medal for Taking Fewest Vacation Days in the World

Expedia Group | June 20, 2024

24th Annual Vacation Deprivation Report finds Americans are more vacation deprived than ever; unveils tips from around the world to help U.S. travelers get more out of their time off and save on their next trip  According to Expedia’s 24th annual Vacation Deprivation Report,1 released today, roughly half of Americans don’t plan on using all their time off this year (53%), despite receiving just 12 days off annually — the fewest of any country surveyed. Expedia’s report has been analyzing time-off trends around the world for 24 years, and while American vacation deprivation (defined as the feeling of not having enough time off) has...

Moire Hoi An, Vignette Collection to Launch in Conversion Deal With New Partner Hoi An Pearl Joint Stock Company

Vignette Collection | June 20, 2024

Ho Chi Minh City, Vietnam – 20 June 2024: The growth of IHG Hotels & Resorts in Vietnam continues with the introduction of its Vignette Collection brand to the country through an agreement with new partner Hoi An Pearl Joint Stock Company. Moire Hoi An, Vignette Collection will join IHG’s fast-growing Luxury & Lifestyle portfolio – the second largest in the world – under the Vignette Collection brand, following an extensive refurbishment and conversion from the existing Bay Resort Hoi An. The property will offer heritage preservation, contemporary elegance and immersive exploration in the heart of Hoi An and on the...

StonePark Capital Opens Moxy Santa Barbara in the American Riviera

Moxy | June 20, 2024

SANTA BARBARA, CA (June 20, 2024) — Andrew Firestone, former star of ABC’s The Bachelor and co-founder of Santa Barbara-based hospitality development company StonePark Capital, along with his partner Jess Parker, announced today the opening of Moxy Santa Barbara. Perfectly positioned in the Funk Zone neighborhood of downtown Santa Barbara in southern California, Moxy Santa Barbara features 31 stylishly designed guest rooms, Bar Moxy, an outdoor pool, a social space for work and playing games, and a 24-hour marketplace. The pet-friendly hotel is located steps from State Street, diverse restaurants, award-winning microbreweries, wi...

AHLA, Questex Announce New Speakers, Programming for The Hospitality Show

AHLA | June 20, 2024

Early bird pricing is available through June 28. Register here. NEW YORK (June 20, 2024) - The American Hotel & Lodging Association (AHLA) and Questex have announced an updated slate of speakers and events for The Hospitality Show (The Show), the world’s premier hospitality operations and technology event, which will be held Oct. 28-30 in San Antonio, Texas. New confirmed speakers for The Show include: NFL reporter and TV personality Erin Andrews, who will lead a discussion with sports and hospitality stars titled “Game Changers: Power Plays in Sports, Media, and Hospitality” Wyndam Hotels & Resorts Preside...

Nearly 71 Million People Expected To Travel Over July 4th Week

AAA  | June 20, 2024

WASHINGTON, DC (June 20, 2024) – AAA projects 70.9 million travelers will head 50 miles or more from home over the Independence Day holiday travel period*. For the first time, AAA looked at the entire July 4th week, plus the Saturday before and the Sunday after the holiday. This year’s projected number of travelers for that time period is a 5% increase compared to 2023 and an 8% increase over 2019. “With summer vacations in full swing and the flexibility of remote work, more Americans are taking extended trips around Independence Day,” said Paula Twidale, Senior Vice President of AAA Travel. “We anticipate this July 4th week wi...

U.S. Hotel Performance Improved in May 2024 Compared to Previous Month

CoStar Group | June 20, 2024

WASHINGTON – 20 June 2024 – The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets. May 2024 (percentage change from May 2023): Occupancy: 65.7% (+1.5%) Average daily rate (ADR): US$160.40 (+2.4%) Revenue per available room (RevPAR): US$105.46 (+4.0%) Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (+5.8% to 88.9%), ADR (+6.3% to US$339.25) and RevPAR (+...

U.S. Hotel Results for Week Ending 15 June

CoStar Group | June 20, 2024

WASHINGTON – 20 June 2024 – The U.S. hotel industry reported higher performance results from the previous week but mixed comparisons year over year, according to CoStar’s latest data through 15 June. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 9-15 June 2024 (percentage change from comparable week in 2023): Occupancy: 70.3% (-0.6%) Average daily rate (ADR): US$161.70 (+0.9%) Revenue per available room (RevPAR): US$113.62 (+0.3%) Among the Top 25 Markets, San Francisco saw the highest year-over-year increases in occupancy (+17.0% to 79.4%), AD...

EOS Hospitality Grows Its Management Portfolio With The William Vale Hotel in Brooklyn, NY

EOS Hospitality | June 20, 2024

BROOKLYN, N.Y., June 20, 2024 -- EOS Hospitality, a full-service hotel management company that specializes in operating luxury urban hotels and resorts in drive-to leisure destinations, has taken over management of The William Vale Hotel, a modern luxury boutique hotel in Brooklyn, NY, marking EOS's first property in the New York City market. EOS Hospitality grows its portfolio with The William Vale Hotel, located in Williamsburg, Brooklyn, NY. "We are excited to expand the EOS portfolio through the acquisition of a premier urban-resort campus in one of New York City's most dynamic neighborhoods, uniquely pos...

The Ritz-Carlton, St. Thomas Appoints Laura Jarvinen as General Manager

The Ritz-Carlton, St. Thomas | June 20, 2024

St. Thomas, U.S. Virgin Islands (June 20, 2024) – The Ritz-Carlton, St. Thomas is proud to announce the appointment of Laura Jarvinen as General Manager. With over 25 years of experience in the luxury hospitality sector, Jarvinen brings a wealth of expertise and a proven track record of success to the esteemed 180-room resort. In her new role, Jarvinen will leverage her extensive experience, strong skill set, and creative abilities to enhance the guest experience and drive the strategic vision of the luxury property. Her primary focus will be on maintaining the highest standards of service and hospitality across all hotel operations. Th...

Visual Matrix Expands Data Centralization Capabilities for Hapi

HAPI | June 20, 2024

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TPG Hotels & Resorts Completes Guestroom Refresh at Newport Beach Hotel & Suites

TPG Hotels & Resorts | June 20, 2024

June 20, 2024 (Providence, RI) ­— TPG Hotels & Resorts, one of the nation's premier hospitality management firms, announced today the completion of a transformative guest room refresh project at the Newport Beach Hotel & Suites, located in Newport, Rhode Island. The refresh is the first phase of a multi-phase renovation project planned for the property. The interior design makeover encompasses reimagining the guest room experience, from new bathrooms and select furnishings to carpets and wall coverings. Guests can expect to rest easy in plush bedding surrounded by a sophisticated coastal ambiance accentuated by curated local art...

Coast Bastion Hotel in Nanaimo, British Columbia Completes Multimillion-Dollar Renovation

Coast Hotels | June 20, 2024

Vancouver, B.C. – June 20th, 2024 – Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of North America’s fastest-growing and one of Canada’s largest hotel brands, celebrated the completion of an extensive, multimillion-dollar guest room renovation at the Coast Bastion Hotel in Nanaimo, British Columbia during a launch event today. The newly reimagined rooms and suites offer guests an elevated Refreshingly Local™ experience with a focus on sophisticated comfort, intuitive design, aesthetic appeal, and unparalleled service. The full-service hotel's guest rooms and suites have long been known for t...

Le Méridien Fort Worth Downtown Welcomes Food & Beverage Leadership

Le Méridien Fort Worth Downtown | June 20, 2024

Culinary visionaries to lead launch of Bouvier Brassiere and ANNEX this summer FORT WORTH, TX [JUNE 20, 2024] – Le Méridien Fort Worth Downtown is thrilled to announce the appointment of Damian Lopez as executive chef and Reda Kolta as food and beverage director. Their arrival coincides with the highly anticipated debut of the hotel’s new food and beverage outlets, Bouvier Brassiere and ANNEX, both set to open this summer with the hotel. Damian Lopez brings a wealth of culinary expertise to Le Méridien Fort Worth Downtown. With a deep appreciation for innovative cuisine developed during his 5 years of tenure in the food and be...

Unifocus Integrates With Nonius in a Tech Partnership That Connects Hotel Operations and Guest Experience

Unifocus | June 20, 2024

DALLAS | June 20, 2024–Unifocus, the hotel industry’s leading workforce management system, announced a partnership with Nonius, a global leader in guest-facing solutions for hotels. Under the agreement, Nonius’ cutting-edge platform integrates with the renowned Unifocus operations management system, enabling a holistic, guest-first approach to enhancing guest experiences, driving operational efficiencies and revenue uplift. Technology That Puts People First                                  By integrating Nonius’ specialized guest messaging solution, Unifocus takes the next step in innovating its end-to-end workfor...

Jonas Hospitality Debuting Unified Platform at HITEC 2024

Jonas Hospitality | June 20, 2024

Jonas Hospitality is excited to announce the official debut of our new Unified Platform at this year’s HITEC in Charlotte. We will be providing live demos of the Jonas Hospitality Unified Platform at Booth 1838. The Jonas Hospitality Unified Platform is a comprehensive technology suite that empowers independent hotels, resorts, hotel brands, chains, and management companies; streamlining your operations, revenue management, distribution, and marketing.  Using our proprietary integration engine Jonas ARC, the Jonas Hospitality Unified Platform brings together industry-leading technology from our brand portfolio as well as third-party syst...

PM Hotel Group Assumes Management of The Holiday Inn Wilsonville in The Portland Metropolitan Area

PM Hotel Group | June 19, 2024

Chevy Chase, Maryland (June 19, 2024) —PM Hotel Group, an industry leader in hospitality management, today announces it has assumed management of the Holiday Inn Wilsonville, situated in the Portland Metro Area. The Holiday Inn Wilsonville joins other PM Hotel Group properties in the region, including Canopy by Portland, Sheraton Portland Airport, Hampton Inn Portland and Aloft Portland Airport. This new partnership underscores PM Hotel Group's proficiency in driving revenue, optimizing operational efficiencies, and maximizing asset value for its properties. "PM Hotel Group looks forward to applying our signature management approach to t...

Attaining Data Maturation From Machine Learning of Hotel Data Sources

ADAM AND LARRY MOGELONSKY | June 19, 2024

By Adam and Larry Mogelonsky Hotels accumulate a lot of data, all of which can be used to uncover hidden patterns for better efficiencies and throughout improvements. Understanding the intricacies of machine learning (ML) and its applications is essential for forward-thinking hoteliers. A key concept to grasp is 'data maturation’, which refers to the necessary period for ML to process and analyze vast amounts of training data. This process allows computers to test variables and identify patterns, ultimately developing algorithms and models that drive business goals. Time is a critical factor in this equation. While machines can process da...

Revenue Management in Real Life: The Art of Saying No

Fabian Bartnick | June 19, 2024

As a seasoned revenue manager and a parent, I've come to realize that the principles of revenue management aren't confined to the boardroom or the hotel lobby—they extend right into our living rooms. Today, let's dive into the art of saying no and draw some amusing correlations between revenue management and real-time parenting with my two little darlings, Rafa (10) and Hayden (9). Setting Boundaries: The Hotel and the Home Imagine your hotel as a bustling kindergarten. Your guests, much like children, have high expectations and boundless energy. As revenue managers (RMs) and general managers (GMs), we often feel like the teachers tryi...

The Destination by Hyatt Brand Arrives in Peru With the Opening of The Legend Paracas Resort

Hyatt Hotels Corporation | June 19, 2024

The opening marks the introduction of the Destination by Hyatt brand in Latin America CHICAGO, IL (June 19, 2024) – Hyatt Hotels Corporation (NYSE: H) and El Pardo Hospitality today announced the debut of The Legend Paracas Resort, joining the Destination by Hyatt brand. The 124-suite resort invites guests and World of Hyatt members to discover the natural wonders and historical legacy of Paracas, located on the coast of Peru, about three hours south of Lima. The resort is nestled between the Paracas Nature Reserve and the Pacific Ocean, offering panoramic views of the Paracas Bay and desert hills, designed to be a place of immersive...

Marriott Bonvoy & The J. Willard & Alice S. Marriott Foundation Provide $500K Donation to World Central Kitchen for Disaster Response Effort

MARRIOTT INTERNATIONAL | June 19, 2024

Marriott Bonvoy, Marriott International’s award-winning travel program, and The J. Willard and Alice S. Marriott (JWASM) Foundation are combining forces to donate $500,000 to World Central Kitchen (WCK), the non-profit organization founded by renowned chef José Andrés. The donation is expected to greatly enhance WCK’s ability to provide meals in the wake of natural disasters and crises around the world, helping those in need receive the nutrition and support they require during challenging times. The donation builds on the company’s and the Marriott family’s longstanding support for WCK. Anthony Capuano, President and Chief Execu...

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