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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

Maestro Cloud & On Premises All-In-One PMS Showcasing Game Changing Innovations for Independents at HITEC

Maestro PMS | June 4, 2024

As a 20-year platinum sponsor of the hospitality industry’s premier technology tradeshow, the hotel industry’s preferred provider of property-management solutions for independent hotels will be available at Booth 1844 June 24 to 27 MARKHAM, Ontario, June 4, 2024 — Maestro PMS, the hotel industry’s leading Web Browser based cloud and on-premises all-in-one property-management system, will showcase the latest enhancements to its industry-defining technology at the upcoming HITEC 2024 event in Charlotte, N.C. Updated mobile functionality, enhancements to payment processing tools, and more will be on display at Booth 1844 at the Charl...

Lessons From the Euros: What Can Hospitality Learn From Football?

Tom Brown | June 3, 2024

By Tom Brown Football and hospitality have a lot in common. For a start, there’s their ubiquity. Wherever you are in the world, you’re never too far from someone kicking a football (yes, I’m talking about soccer); just like you’re never far from a hotel, hostel or long-stay lodging.  Europe’s attention will be focused on Germany this month as Euro 2024 gets underway, which makes it a pertinent time to ask: what can hospitality learn from football?  Value teamwork Football is a team sport. The same is true for hospitality. Let’s explore the metaphor. The most obvious part of a football team is the players on the pitch...

SH Hotels & Resorts To Transform Seattle’s Pan Pacific Hotel Into 1 Hotel Seattle

SH Hotels & Resorts | June 3, 2024

MIAMI, FL (June 3, 2024) - SH Hotels & Resorts, the sustainable hotel brand management company founded by hospitality visionary Barry Sternlicht, today announced plans to take over Seattle’s Pan Pacific Hotel, which will be transformed into 1 Hotel Seattle in 2025. Set in the trendsetting South Lake Union neighborhood, the hotel is known for its ideal location— near downtown, the Climate Pledge Arena, and Amazon’s headquarters. The views from the hotel are spectacular, with many of the rooms overlooking Seattle’s famed Space Needle. Throughout the transformation process, the property will continue to welcome guests, offering un...

Tourism Tidbits: Weddings Are Summer Events

Dr. Peter E. Tarlow | June 3, 2024

By Dr. Peter Tarlow Perhaps there is nothing more romantic than a June wedding. June is the month of roses and across the Northern Hemisphere the weather in most places is ideal and perfect for an outdoor rose-scented wedding. Weddings range from small and intimate to large-scale events, from local gatherings to destination weddings. From a tourism perspective, weddings can be a very lucrative part of a local tourism industry’s offerings. Technically wedding tourism refers to any time the couple invite out-of-town guests to their nuptials or travel, such as a honeymoon, due to the wedding. Anytime a wedding hosts out-of-town guests it ad...

STR, TE Downgrade U.S. Hotel Forecast

STR | June 3, 2024

NEW YORK – STR and Tourism Economics made significant downward adjustments to the 2024-25 U.S. hotel forecast just released at the 46th Annual NYU International Hospitality Industry Investment Conference. The latest revision reflects lower-than-expected performance thus far in 2024 as well as lessened growth projections for the remainder of the year. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were downgraded 1.0 percentage points and 2.1 ppts, respectively. Occupancy for the year is now expected to decline after the previous forecast projected year-over-year growth in t...

Namibia – Where Sand Dunes Embrace the Atlantic

Abhijit B Menon | June 3, 2024

By Abhijit Menon Namibia’s Landscape A southern African nation known for offering extraordinary encounters with nature, Namibia has been considered historically as a sleeping giant and is now stirring to life in Africa's rising tourism scene. The country offers a wide variety of destinations and adventures for all. Home to the Namib Desert, the world’s oldest desert, and the Sossusvlei region with some of the world’s highest sand dunes, Namibia boasts spectacular scenery; some liken parts of the country to the sensation of ‘landing on Mars.’ The famous Etosha National Park in the North is home to numerous luxury safari camps,...

HEI Adds The American Hotel Atlanta Downtown, Tapestry Collection by Hilton to Its Management Portfolio

HEI Hotels & Resorts | June 3, 2024

Norwalk, CT, June 3, 2024 - HEI Hotels & Resorts, one of the nation's leading operators of institutionally owned hotels with a portfolio of more than 100 properties across the United States, has added The American Hotel Atlanta Downtown, Tapestry Collection by Hilton to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 15. The 315-key Tapestry Collection hotel is in the downtown Fairlie District and nearby popular attractions such as State Farm Arena, Mercedes-Benz stadium and Centennial Park. The hotel, which features an outdoor pool, fitness center, on-site restaurant and bar Social62,...

Hotel Valencia Riverwalk Names Brian Randolph Executive Chef

Valencia Hotel Collection | June 3, 2024

Randolph is overseeing all culinary operations in the Hotel’s Dorrego’s and Naranja restaurants SAN ANTONIO – June 3, 2024 – Hotel Valencia Riverwalk announces that Brian Randolph is now leading the hotel’s culinary operations as Executive Chef. Randolph is rejoining Hotel Valencia Riverwalk, as he previously served as Director of Food and Beverage for the hotel from 2019 to 2021. As Executive Chef, he is responsible for the menus for the hotel’s Dorrego’s and Naranja restaurants, as well as catering for meetings, banquets and special events, and in-room dining service. “We are very excited to announce that Brian has r...

Kingston Resorts in Myrtle Beach Appoints Tim Arnold as Managing Director

Kingston Resorts | June 3, 2024

Myrtle Beach, N.C. (June 3, 2024) - Kingston Resorts in Myrtle Beach, S.C., a multi-property resort owned by EOS Hospitality, has announced the appointment of Tim Arnold as Managing Director.  Arnold brings decades of experience and a strong passion for the region to the resort. Overseeing day-to-day operations for 850 employees, over 1,200 guest rooms, six food and beverage outlets, and over 100,000 square feet of event space, Arnold will continue elevating the guest experience, ensuring Kingston Resorts continues its destination leadership on the Grand Strand. “Tim brings an exceptional amount of experience in the hotel space to the Kin...

Timbers Company Appoints Brian Corbett as Chief Operating Officer

the Timbers Company | June 3, 2024

Veteran Hospitality Executive Brings Over 20 Years of Experience to Premier Luxury Resort & Residence Club Brand JUNE 3, 2024 (WINTER PARK, Fla.) – Timbers Company, a renowned developer and operator of boutique luxury resorts and private residence clubs, has appointed Brian Corbett as its new chief operating officer. In this pivotal role, Brian will spearhead operational excellence and drive strategic initiatives to further elevate Timbers' unparalleled guest and owner experiences across its esteemed portfolio. As COO, Brian will oversee all aspects of operational management, hospitality & real estate sales, marketing, partners...

The Inn at Stonecliffe Set To Debut Following $40 Million Renovation

The Inn at Stonecliffe | June 3, 2024

Located on iconic Mackinac Island, The Inn at Stonecliffe is set to open after a $40-million renovation, unveiling the newest luxury accommodations on the island, including restaurants and event spaces MACKINAC ISLAND, MICH (June 3, 2024) – The Inn at Stonecliffe, an iconic, luxury property originally built in 1904 as a lakeside estate for the Chicago Cudahy family, is set to open Monday, June 17, 2024 after two years and a more than $40-million property-wide transformation. Located within the charming Victorian island, horse-drawn carriages transport guests from the ferry to the beautiful Edwardian estate. Steeped in Mackinac Island cultu...

Ensemble Hospitality Appoints Markus Krebs as General Manager at Santa Cruz’s La Bahia Hotel & Spa Opening in 2025

La Bahia | June 3, 2024

LONG BEACH, Calif. (June 3, 2024) – Ensemble Hospitality today announced the appointment of Markus Krebs as General Manager for La Bahia Hotel & Spa, Santa Cruz’s first luxury beachfront hotel and spa, effective immediately. Nestled along the Pacific Coast, La Bahia celebrates its dramatic setting, where the tip of Monterey Bay touches Santa Cruz’s coveted Main Beach. Based in Long Beach, Calif., Ensemble also owns and manages the Dream Inn in Santa Cruz and is now excited to introduce La Bahia to the vibrant Santa Cruz community. La Bahia is scheduled to open on the Santa Cruz waterfront in Spring of 2025 and Krebs will be es...

5 Ways a Virtual Executive Assistant Can Help Hotel Executives

Kenzie Biggins | June 3, 2024

By Kenzie Biggins A hotel executive’s role is different almost every day. It’s that diversity that makes the position both exciting and challenging. From ensuring proper hotel operations and securing compliance to helping drive sales and overseeing events, the responsibility that comes with the job can, at times, be overwhelming no matter if the executive is managing a single property or group. Recently, we’ve seen an uptick in hotel executives interested in hiring a Virtual Executive Assistant (VEA) to help with such an intense workload. A VEA may not be for every hotel executive, but bringing one onboard is something to consider...

Rob Smith Named President and Chief Executive Officer of Stonebridge Companies

Stonebridge Companies | May 31, 2024

Founder Navin Dimond Assumes Role of Chairman DENVER, CO – May 31, 2024 ­— Stonebridge Companies, LLC (“Stonebridge”), a Denver-based innovative, privately-owned hotel management company boasting a diverse range of full-service, select-service, and extended-stay properties, announced today the appointment of Rob Smith as President and Chief Executive Officer. Mr. Smith will join the company in July to oversee the operations of Stonebridge.  He will lead the development and execution of the organization’s long-term strategies and report to Stonebridge’s Board of Directors. Mr. Smith will succeed Navin Dimond, who founded St...

Kimpton Grand Roatán Resort & Spa Appoints Diego Padula as New General Manager

KIMPTON GRAND ROATÁN RESORT & SPA | May 31, 2024

Diego Padula Appointed General Manager of the Recently Opened, Highly Acclaimed Beachfront Resort  Roatán, Honduras Bay Islands (May 31, 2024) – Kimpton Grand Roatán Resort & Spa, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, has announced the appointment of Diego Padula as General Manager. A seasoned leader in the luxury hospitality industry, Padula brings his wealth of experience to Roatán’s first international branded hotel offering.  Originally from Montevideo, Uruguay, Padula joins the leadership team at Kimpton Grand Roatán Resort & Spa with more than 20 years of experience in opening and ma...

U.S. Hotel Results for Week Ending 25 May

CoStar Group | May 31, 2024

WASHINGTON – 31 May 2024 – The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year over year, according to CoStar’s latest data through 25 May. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 19-25 May 2024 (percentage change from comparable week in 2023): Occupancy: 67.7% (+1.6%) Average daily rate (ADR): US$160.67 (+2.3%) Revenue per available room (RevPAR): US$108.73 (+3.9%) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (+20.9% to 74.1%) and RevPAR...

May 2024 Hotel Industry Outlook: Bright Spots and Challenges

Anne R. Lloyd-Jones | May 31, 2024

By Anne R. Lloyd-Jones Mixed messages abound these days, comprising some bright spots, some not so bright spots, and some challenges. With no coherent theme, the greatest challenge may be developing a forecast for the industry as a whole. But we are undaunted and herewith present our current expectations for the U.S. lodging industry. The recent successive increases in GDP, lower inflation levels, and continued strong job growth paint a positive picture of the U.S. economy, but ongoing international conflicts, the pending election, and uneven economic metrics have resulted in a lack of overall clarity. The specter of a recession remains...

Radisson Academy Celebrates 5th Anniversary With Continued Robust Investment in Training & Talent Development

Radisson Hotel Group | May 31, 2024

Radisson Academy, Radisson Hotel Group’s leading Learning and Development hub, marks its fifth anniversary as it continues to innovate and strives to be the best ‘Academy’ to upskill talent joining the industry. Since it’s inception in 2019, Radisson Academy has expanded its offer to +2,500 training programs and has become a cornerstone of both employee development and enabling strategic business success.  Over the past five years, Radisson Hotel Group has implemented a significant investment in its diverse team of Moment Makers across +95 countries as part of the Group’s strategic transformation plan. The objective of Radisson ...

Mandalay Bay Completes $100 Million Remodel of 2.1 Million-Square-Foot Convention Center

Mandalay Bay | May 31, 2024

LAS VEGAS, May 31, 2024 -- Host to many of the industry's top-tier events and trade shows, Mandalay Bay Resort and Casino proudly announces the completion of a $100 million redesign of its 2.1 million-square-foot convention center. The comprehensive remodel, tailored to meet the needs and preferences of contemporary meetings and events, includes upgraded technology infrastructure, additional dynamic digital signage and a fresh, invigorating design that complements the resort's tropical-inspired brand. "Meetings and conventions play a pivotal role in the success of Las Vegas, and the revitalization of the Mandalay Bay Convention Center ...

Ta’aktana, a Luxury Collection Resort & Spa, Labuan Bajo Debuts on the Shores of Indonesia

The Luxury Collection Hotels & Resorts | May 31, 2024

Cradled between a labyrinth of wild forests and the glittering coasts of the Flores Sea, TA’AKTANA, a Luxury Collection Resort & Spa invites guests to immerse in the rich culture and breathtaking seascapes of Labuan Bajo The Luxury Collection, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary hotel brands, today announces the opening of TA’AKTANA, a Luxury Collection Resort & Spa, Labuan Bajo in one of Indonesia’s most scenic and distinctive leisure destinations. The waterfront property, Marriott International’s first in Labuan Bajo and The Luxury Collection’s second property in Indonesia, is nestled b...

Hotels Across Germany Are Filling Up for UEFA Euro 2024

CoStar Group | May 31, 2024

Analysis by William Anns With the summer months fast approaching, sports fans are looking at the 2024 UEFA European Football Championship, which kicks off on Friday, 14 June. Set to take place across multiple locations in Germany, the annual football tournament is expected to affect hotel performance just as much as football fans across the continent. Utilizing Forward STAR data, the markets are already showing spikes in hotel bookings on and around the match dates. Cologne leads the way Looking at the first two weeks of the championship, Cologne is showing the most significant hotel bookings thus far. As of 13 May, the highest o...

RNC and DNC: How Political Conventions Impact Host Market Hotel Performance

CoStar Group | May 31, 2024

Analysis by M. Brian Riley We are less than two months away from the first political party conventions to determine America’s 2024 presidential nominees, with the Republican National Convention (RNC) scheduled first in Milwaukee (15-18 July), and the Democratic National Convention (DNC) taking place in Chicago a month later (19-22 August). Each party’s convention draws thousands of appointed delegates along with a host of officials and attendees, not to mention a legion of external media. Typically, these four day-long events begin on a Monday and end with a Thursday speech by the party nominee. This summer quadrennial tradition con...

Avani Debuts in the Netherlands with the Opening of Avani Museum Quarter Amsterdam

Avani Hotels & Resorts | May 31, 2024

Avani Hotels & Resorts, the upscale lifestyle brand of Minor Hotels, continues its European expansion with the launch of Avani Museum Quarter Amsterdam. Housed in a refurbished mid-century building in the heart of the city’s museum district, the 163-room canal-side property offers a relaxed stay for both business and leisure travellers, as well as access to some of Amsterdam’s most unique experiences through a series of innovative partnerships. Where Art Meets Comfort The hotel’s design is inspired by Stedelijk Museum’s expansive collection, blending the avant-garde and the traditional to create modern, invi...

Red Jacket Resorts Reopens Following $40 Million Multi-Property Renovation

Red Jacket Resorts | May 31, 2024

From Sea Service to Blue Man Group to LL Bean and more, here is what to expect from the iconic Mid Cape oceanfront hotels Cape Cod, MA (May 31, 2024) - Red Jacket Resorts, one of the Mid Cape’s largest independent hotel brands featuring private beach access, is ushering in Summer 2024 along the Atlantic Ocean with a new look and feel thanks to a comprehensive $40 million renovation and an array of exciting activities and programming. Cape Cod’s best new destination encompasses Red Jacket Beach Resort, Riviera Beach Resort and Blue Water Resort, three of the collection’s five properties all located within a 1 mile stretch, debuting a c...

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