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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

Mark Goodwin Promoted to Director of Sales and Marketing at The Sea Pines Resort

The Sea Pines Resort | May 31, 2024

HILTON HEAD ISLAND, S.C. (May 31, 2024) – Mark Goodwin has been promoted to Director of Sales and Marketing at The Sea Pines Resort. Goodwin, who joined the resort in 2011, most recently served as Director of Sales, Catering and Conference Services, and previously was Director of Group Sales as well as Senior Sales Manager. “Mark’s proven track record with us clearly shows he possesses all the skills to be a highly successful director of sales and marketing,” said Steve Birdwell, President of The Sea Pines Resort. “He is creative, strategic, and understands our brand and, most importantly, what our customers are seeking with thei...

Canalta Hotels Opens Moxy Banff in the heart of the Canadian Rockies

Moxy Hotels | May 31, 2024

Calgary, AB (May 31, 2024)–Moxy Banff debuts with a new take on the conventional hotel stay nestled in the heart of the Canadian Rockies. As the newest addition to Moxy Hotels, part of Marriott Bonvoy’s portfolio of over 30 extraordinary hotel brands, the property has been developed in partnership with Drumheller-based company, Canalta Hotels, and offers guests a fun, immersive experience unlike any other in Western Canada. This addition to Banff Avenue is the result of a significant renovation to Banff’s first commercial motor hotel originally constructed in 1964. Moxy Banff pays homage to the historical architecture a...

Pueblo Bonito Vantage San Miguel de Allende Set to Open in October

Pueblo Bonito Golf & Spa Resorts | May 31, 2024

San Miguel de Allende, Mexico (May 31, 2024) – The new Pueblo Bonito Vantage San Miguel de Allende, the hospitality company’s first urban, European Plan (EP) hotel, will open on October 1. Pueblo Bonito Vantage will unite local traditions with exclusivity, technological comforts, singular experiences, and personalized service. Pueblo Bonito Vantage San Miguel de Allende has been built in homage to the city’s architectural heritage and is located within the District Corazón (the Heart District) in a traffic-free zone in front of Zeferino Gutierrez Park and a quick stroll from the historic center. The well-appointed property show...

Resurgence in Full-Service Projects in the Global Construction Pipeline at Q1 2024

Lodging Econometrics | May 31, 2024

The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) reveals that the total global pipeline hit an all-time high for room counts and highlights a significant increase in full-service projects at the close of the first quarter. LE analysts report that, at Q1, the total global pipeline stands at 15,366 projects/2,382,195 rooms, a 6% increase in projects, and a 3% increase in rooms year-over-year (YOY). There are 6,195 projects/1,101,602 rooms currently under construction worldwide at Q1. Projects scheduled to start construction in the next 12 months stand at 3,840 projects/528,251 rooms, for an 8% incre...

The Hoxton To Open in Florence Later This Year

The Hoxton | May 31, 2024

Returning to Italy, The Hoxton’s expansion continues with Florence set to open later this year. Bringing new energy to the city and marking a new chapter for the late-Renaissance palazzo it inhabits, the hotel will have 161 bedrooms including a 3-bedroom house, spacious lobby, an Italian Riviera-inspired restaurant, sprawling courtyard, cosy late night wine bar, and dedicated event spaces. Located in the historical centre of Florence, The Hoxton is surrounded by cobblestone streets filled with galleries, boutique and bakeries. Florence’s world-famous landmarks such as the Duomo and Uffizi Gallery are within walking distance, and Fortezza ...

Chatham Lodging Trust Acquires Home2 Suites Phoenix Downtown for $43.3 Million

Chatham Lodging Trust | May 31, 2024

WEST PALM BEACH, Fla., May 31, 2024 —Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale, extended-stay hotels and premium-branded, select-service hotels, today announced that the company has acquired the recently opened, 148-room Home2 Suites by Hilton Phoenix Downtown for $43.3 million or approximately $293,000 per room. The institutional quality, six-story hotel sits in the heart of Downtown Phoenix and includes the historic Fuller Paint Company Building that houses the hotel’s customized public spaces, including a signature food & beverage outlet.  Upon stabilization, ...

Six Pitfalls for Full-Service Hotel Development

Dan Voellm | May 30, 2024

By Dan Voellm Part 1: Two pitfalls for full-service hotel development Hotel development is a complex undertaking. It requires little of the skills to operate and monetize the asset. Owners and architects are often ill-equipped to measure up the requirements for running a successful hotel a few years down the road. While certain industry trends exist, fundamentals still need to be observed. Words of caution for those attached to specific brands or roles a hotel is meant to fulfill – in today’s world of hyper-efficiencies it is becoming more difficult to provide everything for everyone. Or specifically: provide a comprehensive range of s...

The Cost of Surprising the Customer

Shep Hyken | May 30, 2024

By Shep Hyken Surprising customers with something they weren’t expecting doesn’t have to be expensive. In many cases, it can be very inexpensive or even free.  For example, surprising a couple with a cake and candle when they are celebrating at a restaurant costs a tiny fraction of the meal but greatly impacts the evening.   For years, I’ve shared the story of a cab driver who surprised his customers with a newspaper, a bottle of water and a side trip to see a famous local landmark. That side trip cost the driver nothing but a few minutes of time. And the newspaper and water cost him far less than the extra tip he received f...

A Closer Look at Hotel Interest Rates: Past and Future

Dan P. McCoy | May 30, 2024

By Daniel P. McCoy Over the past couple of months, it has become increasingly clear that interest rates for hotel financing, and just about everything else, may stay higher for longer. As markets adjust to this expectation, many investors are realizing that they may not be able to delay deals until rates drop back down to so-called “normal” levels. There is mounting pressure for financing decisions that will need to be made in the coming months. In this article, we have compiled and analyzed historical hotel interest rate data, as well as indications from the Federal Open Markets Committee (FOMC or “Fed”) on the anticipated direc...

Hyatt Place Nantong Xinghu City Plaza Celebrates Official Opening

Hyatt Place | May 30, 2024

CHICAGO (May 30, 2024) – Hyatt Place Nantong Xinghu City Plaza, the first Hyatt Place hotel in Nantong, Jiangsu Province is officially open, expanding the Hyatt Place brand’s footprint globally in markets that matter most to guests and World of Hyatt members. The new hotel features the Hyatt Place brand’s intuitive design, casual atmosphere and practical amenities, such as free Wi-Fi and 24-hour food offerings. Because Hyatt’s efforts are grounded in listening and fueled by care, Hyatt Place hotels combine style, innovation and 24/7 conveniences to create an easy to navigate experience for today’s multi-tasking traveler. Hyatt P...

IHG Partners With SM Group to Bring First voco Hotel to Fujian Greater China

IHG | May 30, 2024

May 30, 2024, Xiamen: IHG Hotels & Resorts (IHG) announced a new partnership with SM Group to develop the first voco™ hotel in Fujian province – voco Xiamen SM city. Scheduled to open in the second half of 2025, this hotel will be nestled within the core area of Xiamen at SM Xiamen complex. This signing resonates with Greater China's national strategy to develop Fujian, enhancing IHG’s presence in southeastern region markets and further emphasizing its long-term commitment to the Greater China market. With the rapid development of tourism industry, Greater China enjoys the largest domestic tourism market and emerges as a glo...

The Hotel Group Opens the Tru by Hilton Yakima, Washington

The Hotel Group | May 30, 2024

YAKIMA, WA - May 30, 2024 - Award-winning hotel management company The Hotel Group ("THG"), an affiliate of Hotel Equities, in partnership with Hogback Development, is pleased to announce the opening of the Tru by Hilton Yakima, adding a vibrant hospitality option to the heart of Yakima, Washington. The hotel is co-owned by The Hotel Group and Hogback Development. Nestled alongside the Home2 Suites by Hilton in Rainier Square, this is the fourth collaborative venture of THG and Hogback Development, the new Tru by Hilton Yakima is a symbol of the city's shared vision to transform the area into a modern hub of comfort and convenie...

The Newman Joins Preferred Hotels & Resorts’ Legend Collection

Preferred Hotels & Resorts | May 30, 2024

NEW YORK, NEW YORK, U.S./ LONDON, U.K. - May 2024: One of London's most anticipated new hotels, The Newman, has joined Preferred Hotels & Resorts’ prestigious Legend Collection ahead of its opening in Spring 2025. Launched in 2015, the Legend Collection is globally sophisticated, culturally refined, and promises unforgettable guest experiences. Featuring exquisite accommodations, stellar and intuitive personal service, renowned dining, and exceptional spas in the world’s most remarkable destinations. The first hotel under hospitality management company Kinsfolk & Co, The Newman will fit effortlessly into the creative village...

Miami Marriott Biscayne Bay Welcomes Bertha Crucet as New Director of Sales and Marketing

Miami Marriott Biscayne Bay | May 30, 2024

MIAMI – May 30, 2024 – Miami Marriott Biscayne Bay – a high-rise hotel situated on Miami’s Biscayne Bay – is proud to announce the appointment of Bertha Crucet as Director of Sales and Marketing. In her new role, Crucet will develop and implement sales initiatives and marketing strategies to generate maximum revenue and support the property’s continued growth as it emerges from a $60 million renovation. Crucet enters this role with 25 years of industry experience in hospitality, sales, catering, and operations, bringing proven excellence in increasing profitability, exceeding results for top line revenue, relationships, ...

Heritage Hotels & Resorts Appoints Sean Sinclair to Executive Chef at Albuquerque’s Hotel Chaco

HERITAGE HOTELS & RESORTS | May 30, 2024

ALBUQUERQUE, N.M. (May 30, 2024) —  Heritage Hotels & Resorts, the largest independent hotel group in New Mexico, announces the appointment of Sean Sinclair to Executive Chef of Level 5, a rooftop restaurant and lounge located at the hotel group’s AAA Four Diamond Hotel Chaco (2000 Bellamah Ave. NW) in Albuquerque. Sinclair has cultivated a distinguished culinary career that blends his passion for his home state with his extensive training and experience leading kitchens across the U.S. for the past decade. “Chef Sinclair has been an integral part of the Heritage family leading various culinary teams and efforts across our por...

TPG Hotels & Resorts Selected to Manage Two Premier Washington DC Properties

TPG Hotels & Resorts | May 30, 2024

May 30, 2024 (Providence, RI)­— TPG Hotels & Resorts, one of the nation's premier hospitality management firms, announced today it has been selected to manage two upscale independent properties in Washington DC. The Glover Park Hotel and The Graham Hotel, both located in the Georgetown neighborhood, will be managed within the INTERA Collection by TPG Hotel and Resorts. "These exceptional assets are set to redefine upscale hospitality by offering unparalleled experiences that embody the history and uniqueness of their surroundings," said Ben Perelmuter, President of TPG Hotels & Resorts. "We look forward to deploying our sophistica...

Hyatt Regency Grand Reserve Puerto Rico Welcomes New Executive Chef Luis Quezada

Hyatt Regency Grand Reserve Puerto Rico | May 30, 2024

Rio Grande, Puerto Rico, May 2024 – Hyatt Regency Grand Reserve Puerto Rico is pleased to announce the appointment of seasoned Chef Luis Quezada as the 72-acre resort’s new executive chef. Bringing with him decades of experience with a proven track record of streamlining operations and increasing profitability, Chef Quezada is now the culinary director of the property’s 17 food and beverage outlets, which range from its premium steakhouse Prime 787 and sea-side food truck Picalo Gallo to one of the only true sports bars on the island, Sand Trap. With a degree in culinary arts, Quezada spent most of his early career at the iconic Bell...

Bentley Legacy Holdings Launches Operating Division, Bentley Legacy Group

Bentley Legacy Holdings | May 30, 2024

Deep expertise and passion for hospitality drive opportunity and value for growing family-run real estate business PLANO, Texas (May 30, 2024)—Bentley Legacy Holdings (“BLH”) is targeting strategic growth with the official launch of its hotel operating division, Bentley Legacy Group, the acquisition of new properties and the hiring of industry-leading talent to further cement its position within the hospitality industry. The intentional investments in dynamic properties throughout the country and the hiring of two experienced industry leaders Matt Berge and Ginger Van Nest allow BLH to be a premier hospitality partner and operator. He...

HSMAI Americas Announces 2024 Marketing and Revenue Optimization Honorees

HSMAI | May 30, 2024

McLean, VA (May 30, 2024) – The Hospitality Sales and Marketing Association International (HSMAI) Americas is proud to introduce the 2024 Marketing and Revenue Optimization award recipients who will be celebrated during HSMAI’s Commercial Strategy Conference. HSMAI will honor Dr. Kelly McGuire, managing principal of hospitality at ZS Associates, with the prestigious Vanguard Award for Achievement in Revenue Optimization. Scott Dahl, senior vice president of sales, marketing, and revenue management at Wurzak Hotel Group, and Taylor Baca, CRME, CHDM, corporate director of revenue management at Balboa Bay Resort & Club, will be pr...

Famed Chef, Restaurateur and Humanitarian José Andrés Announced as Keynote Session for The Hospitality Show 2024

The Hospitality Show | May 30, 2024

Join us in San Antonio at the Henry B. González Convention Center Oct. 28-30, 2024. Apply for media credentials here. NEW YORK - Internationally recognized culinary innovator, author, educator and humanitarian José Andrés has been announced as the opening keynote session speaker for the second iteration of The Hospitality Show, produced by Questex and the American Hotel & Lodging Association (AHLA). Additional speakers and programming updates will be announced in the coming months. In this lively discussion on Monday, Oct. 28, titled “Changing the World Through the Power of Food,” Andrés will share his passion for aff...

Are You Overpaying for Your Hotel Group Sales Management Technology?

MIKE PAVICICH | May 30, 2024

By Mike Pavicich Hospitality companies looking to reduce costs are turning to alternative sales and catering solutions that provide the same functionality without the hefty price tags Have you ever wondered if your current Sales and Catering (S&C) solution is overpriced? Are you seeing rates go up every year after thinking you got a great deal when you signed up? A common scenario is hoteliers unintentionally spending extra money on systems. Of course, with so many solutions claiming to offer comprehensive group sales and event management features, it is understandable that there is indecision and confusion. When you break down th...

AAHOA Welcomes Memorial Day Travel Reports; Looks Forward to Strong Summer

AAHOA | May 29, 2024

ATLANTA, GA, May 29—AAHOA (Asian American Hotel Owners Association) welcomes the good news about the record highway and air travel numbers set over Memorial Day weekend and is optimistic about the tone it sets for summer travel. "With the summer travel season underway, the numbers from Memorial Day weekend travel, considered the kickoff to summer, indicate great things for America's hotel industry during the upcoming summer months," AAHOA Chairman Miraj S. Patel said. The Transportation Security Agency (TSA) reported a staggering 2.95 million travelers were screened at U.S. airports on Friday, May 24, surpassing a previous record ...

Diego Sobrino Appointed Executive Chef of Bishop’s Lodge, Auberge Resorts Collection

Bishop’s Lodge, Auberge Resorts Collection | May 29, 2024

SANTA FE, N.M. (May 29, 2024) – Bishop’s Lodge, Auberge Resorts Collection, the legendary landmark and luxury resort, today announces the appointment of Diego Sobrino as executive chef. Chef Sobrino, who most recently showcased his culinary expertise at sister property, Hacienda Alta Gracia, Auberge Resorts Collection in Costa Rica, will bring over two dozen years of culinary and Michelin-star restaurant experience to the property's beloved restaurant, SkyFire. The concept of SkyFire redefines 'New Mexican cuisine' and combines modern techniques with family recipes and locally sourced ingredients. Inspired by the diverse, rich ingredient...

Marcus Hotels & Resorts Appoints Lynette Knutson as General Manager of Hilton Madison Monona Terrace

Marcus Hotels & Resorts | May 29, 2024

Marcus® Hotels & Resorts, a nationally recognized owner and management company and division of The Marcus Corporation, today announced Lynette Knutson has been appointed as general manager of Hilton Madison Monona Terrace in Madison, Wisconsin. Knutson brings more than 30 years of hospitality experience in the southern Wisconsin and northern Illinois areas to oversee the award-winning 240-room hotel. “Lynette is a talented hospitality professional with a history of success,” said Michael Evans, president of Marcus Hotels & Resorts. “She has experience managing premier hotels across the greater Madison area, and under Lynet...

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