Minor Hotels to Debut in Singapore With Avani Hotels & Resorts Lifestyle Brand
Avani Hotels & Resorts | September 3, 2024
Brandt Hospitality Group Getting Great Results From Accounting Software Partner
Aptech | June 5, 2024
Finance & Development
Hotel ADR Rise vs Distribution Channels Cost, What Hoteliers Need to Calculate?
Ahmed Mahmoud | June 10, 2015
by Ahmed Mahmoud According to the latest TravelClick data launched early May 2015, Hotel bookings from individual business and leisure travellers spiked across a variety of digital channels in the first quarter of 2015, That includes bookings made through official hotel websites, online travel agencies (OTAs), and Global Distribution Systems (GDS). OTAs (which include Expedia.com, Hotels.com and Bookings.com) experienced the greatest jump in bookings, with a 15.1 percent increase compared to the first quarter of 2014. Reservations made directly through hotel websites also grew by 7.1 percent, year-over-year, while GDS bookings increased...
RoomKeyPMS Partners with PriceMatch to Add Unparalleled Revenue Management for Hotelier Partners
RoomKeyPMS | June 9, 2015
June 9, 2015, Vancouver, BC: Competition is fiercer in the hospitality industry than ever before. As hoteliers deal with the changing landscape of the industry with OTAs and emerging technology, they realize the business is changing. In this aggressive marketplace, hoteliers are looking for ways to stay competitive and implementing automated technologies to assist. RoomKeyPMS is committed to assisting hoteliers run their operations smoothly and is pleased to introduce our latest integration with PriceMatch, a powerful revenue management system. PriceMatch's machine learning algorithms are tailored by a team of mathematics graduates and ...
Highpointe Hotel Corporation Merges Property Performance Data on 3-System Platform
Aptech Computer Systems | June 9, 2015
At HITEC June 15 – 18 visit Aptech in Booth #921 at the Austin Convention Center How Does a Leading Hotel Management Company 'Complete the Suite?' With Profitvue Enterprise Accounting, Execuvue Business Intelligence and Targetvue Budget/Forecasting By Cam Troutman, Vice President of Aptech Computer Systems It is said that adversity can bestow unexpected benefits. This was the case 16 years ago when Highpointe Hotel Corporation searched for a new back office accounting system to weather the dreaded Y2K bug. The worldwide millennial computer meltdown never materialized. But Highpointe's vendor search resulted in a "successful long-term...
HITEC Helps 2015 – Hospitality Conference to Raise Funds for Central Texas Flood Damage
HFTP | June 5, 2015
AUSTIN, TEXAS, USA (June 5, 2015) — The Hospitality Industry Technology Exposition and Conference (HITEC®) being held June 15-18, 2015, produced by Hospitality Financial and Technology Professionals (HFTP®), is organizing several avenues for exhibitors and attendees to donate monetary funds to the United Way for Greater Austin. These efforts will be the basis of HITEC Helps, HFTP/HITEC's way of giving back to the community. All donations to the United Way for Greater Austin will go towards helping those victims affected by the Memorial Day flooding devastation in and around Austin, Texas, USA, the host city of HITEC 2015. The Greate...
Hotel Equities Names Bauchrowitz to Regional Director of Operations
Hotel Equities | June 4, 2015
ATLANTA, GA (June 3, 2015) –Atlanta-based Hotel Equities (HE) www.hotelequities.com recently named Erika Bauchrowitz to the position of Regional Director of Operations. She reports to Rob Cote, the firm's Vice President of Operations. Erika has responsibility for the oversight of multiple brands in her region including Georgia, Florida, Louisiana and Missouri. "Erika's role comes as a direct result of Hotel Equities' robust growth to over 90 properties in the first four months of 2015, " said Mr. Cote. "Erika's leadership, guidance and focus on success is critical to the success of the properties in her region. We continue to strength...
InvoTech Returns to HITEC with RFID Uniform System and Linen System
InvoTech Systems | June 4, 2015
At HITEC Visit InvoTech Systems in Booth #736 June 16 to 18 at the Austin Convention Center 15th Year at HITEC: Industry Leader Showcasing New Product Offering – Pool Towel System LOS ANGELES – June 4, 2015 – InvoTech Systems will be exhibiting at HITEC, the world's largest hospitality technology show, for its 15th year. InvoTech will showcase its RFID Uniform and Linen Management Systems that increase property profitability. InvoTech will also launch a new RFID Pool Towel Tracking System, which is a module of the InvoTech Linen System. InvoTech is the leading provider of advanced Linen and Uniform Management Systems that integr...
Duetto’s Revenue Strategy Solutions will be Implemented Worldwide at Pestana Hotel Group
Duetto | June 4, 2015
Duetto brings new levels of insight and revenue optimization to Pestana's close to 90 Hotels in Europe, Africa and the Americas London, June 4, 2015 - Duetto, the market leader in hotel profit optimization technology, announced that Pestana Hotel Group will implement its revenue strategy solutions, bringing new insights on pricing and demand to close to 90 Pestana hotels on three continents. Coming just months after the launch of Duetto's EMEA headquarters office in London, the deal with Lisbon-based Pestana brings Duetto's solutions to luxury hotels in five European capital cities, and continues Duetto's rapid expansion...
AWH Partners and Building and Land Technology Purchase Doubletree by Hilton Orlando at Sea World
AWH Partners, LLC | May 28, 2015
Partnership Acquires 1,004-Room Orlando Resort in an Off-Market Acquisition and Plans Renovations and Meeting Space Expansion to Add Value NEW YORK (May 28, 2015) - AWH Partners, LLC, a privately held real estate investment, development and management firm, in partnership with Building and Land Technology, a privately held, vertically integrated, real estate private equity, development and property management firm, announce today the off-market acquisition of the 1,004-room DoubleTree by Hilton Orlando at Sea World. This is the second hotel acquisition for the partnership following the acquisition of the 536-room Dallas Westin Park Cent...
Moneyball: Big Data and Raising Your Hotel Company’s Batting Average
Aptech Computer Systems | May 28, 2015
'Outside-The-Box' Business Intelligence Analysis and Reporting Reveals Competitive Advantages that Lift Performance and Profitability By Cam Troutman, Vice President of Aptech Computer Systems May 28, 2015 - This viewpoint is about money and baseball. Hotel company financial executives are like the general manager of the baseball team in Michael Lewis' book, Moneyball: The Art of Winning an Unfair Game. The book argues that the Oakland A's' front office took advantage of innovative analytical measures of player performance to field a team that could better compete against richer competitors in Major League Baseball. If you are in the h...
Assila Investments and Shangri-La Sign MOU for Management of New Luxury Hotel in Jeddah
Shangri-La Hotels and Resorts | May 27, 2015
Hong Kong, May 27, 2015 – Shangri-La International Hotel Management Limited and Assila Investments have signed a Memorandum of Understanding in relation to the management and operation of a luxury hotel and residences development in Jeddah, the second-largest city in Saudi Arabia and the principle gateway to Mecca. Slated to open in early 2018, it will be the first Shangri-La in Saudi Arabia. The 242-room hotel will be in a prominent 65-story development located on Jeddah Corniche Road facing the Red Sea. Shangri-La will also manage and provide services to the 122 residences in the tower. The hotel will feature three restaurants, func...
Pebblebrook Hotel Trust Acquires LaPlaya Beach Resort & LaPlaya Beach Club in Naples, FL for $185.5M
Noble House Hotels & Resorts | May 22, 2015
BETHESDA, Md.--Pebblebrook Hotel Trust (NYSE:PEB) (the "Company") today announced that it has acquired LaPlaya Beach Resort, a 189-room, waterfront, luxury resort and LaPlaya Beach Club, a private members club located at the resort, (together, "LaPlaya") for a combined purchase price of $185.5 million. "We're thrilled with the opportunity to expand our portfolio into the thriving market of Naples, Florida with the acquisition of LaPlaya," said Jon Bortz, Chairman and Chief Executive Officer of Pebblebrook Hotel Trust. "The resort is uniquely located on the beach and within one of the most affluent coastal resort communities in the count...
Hospitality’s First Hackathon Postponed until Later This Year
HFTP | May 21, 2015
AUSTIN, TEXAS USA (May 21, 2015) – Hospitality Financial and Technology Professionals (HFTP®) has elected to postpone the HITEC Hackathon, which was slated to be the first hospitality hackathon, due to a lack of available space. The hackathon gathers technology developers for a two-day straight competition which tasks participants to come up with solutions to specific hospitality technology problems. The event was originally scheduled to run in the 48 hours preceding HFTP's Hospitality Industry Technology Exposition and Conference (June 15–18 in Austin, Texas USA), which is expecting record attendance this year. The City of Austin ...
The New York Times and Financial Times Launch New Digital Access Program for Hotels
The Financial Times | May 21, 2015
U.S. Hotels Can Provide Guests Unlimited Access to NYTimes.com and FT.com NEW YORK, May 21, 2015 –The New York Times and Financial Times today announced a new, first-of-its-kind program available to U.S. hotels to provide their guests with unlimited access to NYTimes.com and FT.com on any device connected to the hotel's network. The program offers hotels a chance to purchase their own branded web portal that provides guests free entry into both NYTimes.com and FT.com. Participating hotels will receive promotional materials in the form of instructional keycards to notify guests about the amenity. Guests staying at hotels with this prog...
U.S. Pipeline Growth Continues to Accelerate as Operating Metrics Hit Record High
Lodging Econometrics | May 19, 2015
May 19, 2015 - PORTSMOUTH, NH - Now at 3,885 Projects/488,230 Rooms, the Total Construction Pipeline has shown seven consecutive quarters of growth, with the last three quarters posting Year-Over-Year (YOY) gains of 20% or greater. The Pipeline is approximately half way though the expansion phase of the current real estate cycle but is still a third below the peak of 5,883 Projects/785,547 Rooms established in the first quarter of 2008. The Pipeline has at least two more years of rapid growth ahead before entering the maturity, or "topping out," phase of the cycle. US Construction Pipeline Projects Under Construction and those Schedule...
Hotel Equities Promotes Joe Reardon to Senior Vice President of Marketing and Business Development
Hotel Equities | May 19, 2015
ATLANTA, GA (May 19, 2015) - Atlanta-based Hotel Equities (HE) www.hotelequities.com recently promoted Joe Reardon to the position of Senior Vice President of Marketing and Business Development Mr. Reardon leads the development team in evaluating market studies, analyzing feasibility and reviewing third party and acquisition opportunities. His responsibilities include working with all major brand development teams in addition to his work with existing and new owners to identify the best use for land acquisitions and for repositioning opportunities. Hotel Equities now has responsibility for 90 hotels in its 14-state portfolio with repres...
PAS Solves Integration Heartburn with pasUNITY Integration HUB (IHUB)
PAS | May 18, 2015
Integration no longer needs to be difficult With hundreds of connections already in place, pasUNITY Integration HUB (IHUB) already connects to a majority of applications in any given hotelier's financial ecosystem. "pasUNITY IHUB, a next generation technology, that's built specifically around hospitality, leverages our experience in connecting over 1,000 hotels across the globe to revenue generation, labor, payroll, banking and other auxiliary systems for hourly, daily, weekly, monthly and year-end transaction load, reporting and consolidation," says Bill Euler, President and CEO of pasUNITY. Hoteliers require data, and lots of it. This...
Powered by Duetto, Speakers and Topics Announced for the 3rd Annual Revenue Strategy Summit (RSS)
Duetto | May 14, 2015
July 29, 2015 at the Affinia Liaison Capitol Hill, Washington, D.C. RSS Anticipates 300+ Participants, Discussing Strategies to Keep Hotels Ahead in Today's Dynamic Marketplace New York, May 14, 2015 … Duetto, Kalibri Labs and Silver Hospitality Group, LLC announced the speakers and agenda for the third annual Revenue Strategy Summit (RSS), a gathering of thought leaders and practitioners who will examine the forces reshaping the hospitality industry and how marketing and technology must evolve to meet new demands. Scheduled for July 29th at the Affinia Liaison, Capitol Hill, the full-day conference will feature industry leader...
IHG Expands Middle East Presence across Three Countries
IHG | May 13, 2015
Signings include second Hotel Indigo in Dubai and double deal in Kuwait New Delhi, India 13 May 2015: InterContinental Hotels Group (IHG) announced four new signings across four brands last week, marking its continuous expansion across the Middle East: InterContinental, Crowne Plaza, Holiday Inn and Hotel Indigo. The signings will see the hotel company grow its presence by about 600 rooms across the UAE, Kuwait and Saudi Arabia over the next three to five years. UAE Together with leading real estate developers Diamond Developers, IHG will open the second Hotel Indigo in the UAE. Due to open in 2017, the 170-room Hotel Indigo Dubai The ...
Octagon Hotels & East Bay Management Co. Unveil Holiday Inn Resort® Montego Bay’s $15M Renovation
May 13, 2015
ATLANTA – InterContinental Hotels Group (IHG), one of the world's leading hotel companies, today announces that the 518-room Holiday Inn Resort® Montego Bay hotel has completed a $15 million renovation funded by ownership. The resort now features fully updated guest rooms, an ocean-view lobby with an open design and four restaurants offering a variety of cuisines including seafood, Japanese, Caribbean and Italian. Heather Balsley, Senior Vice President, Americas Brand Management, IHG said: "With locations around the world, the Holiday Inn brand plays a role in millions of guest journeys – for both business and fun – every year. A...
Liberty University and Hotel Equities to Open Fairfield Inn & Suites by Marriott in Lynchburg, VA
Fairfield Inn & Suites | May 12, 2015
Lynchburg, Virginia - May 12, 2015 - The 129-room Fairfield Inn & Suites by Marriott in Lynchburg, Virginia is scheduled to open this Monday, May 18, 2015. Located at 3777 Candlers Mountain Road, the former Wingate by Wyndham will operate as a Marriott franchise, owned by Liberty University and managed by Hotel Equities of Atlanta, Georgia. Overlooking the campus of Liberty University and 15 minutes from downtown Lynchburg, the hotel offers guests convenient access to Liberty Mountain Snowflex, Thomas Jefferson's Poplar Forest and River Ridge Mall. "We are pleased to introduce Fairfield Inn & Suites hotels in the Lynchburg area,...
Survey Says: Hospitality Sector Failing to Calculate Full Cost of Laundry
TRSA | May 11, 2015
ALEXANDRIA, Va., May 11, 2015 – Two national surveys recently completed by opinion and research firm Fabrizio Ward found a large segment of the hospitality sector is failing to calculate the full, accurate cost of laundry on their businesses and that outsourcing laundry services is better for the environment. The surveys were commissioned by TRSA, the leading global textile services trade association headquartered in Alexandria, Va. By reaching out to both textile service decision makers and consumers nationally, key findings for the hospitality industry included: Less than half of all hotels account for key laundry cost such as...
Mom Knows Best: Hotel Marketing Lessons from Your Mother
Dave Spector | May 6, 2015
Back by popular demand, we've updated one of our most popular posts from last year! Could Mom be the best hotel marketer ever? Quite possibly! All throughout your childhood, she recoiled at the sight of your dirty room. She questioned your questionable friends. Her never-ending nagging was enough to keep our eyes rolling for years. But guess what? Turns out her sage, maternal advice is completely applicable to your work as hotel marketers. Check out the hotel marketing advice hidden inside your mom's favorite sayings... proving again that mother knows best: Mom: "If your friends jumped off a bridge, would you jump too?" Hidden Hotel Mar...
IHG and Dur Hospitality Company to Open First Holiday Inn in Tabuk Later This Year
IHG (InterContinental Hotels Group) | May 6, 2015
Dubai, United Arab Emirates, 6 May 2015: At the Arabian Hotel Investment Conference (AHIC) today InterContinental Hotels Group (IHG) announced the signing of a franchise agreement for the first Holiday Inn in Tabuk with Dur Hospitality Company (formerly Saudi Hotels and Resort Co or SHARACO). The 83-room Holiday Inn Tabuk is the first hotel to be developed under the master development agreement (MDA) inked between IHG and DUR Hospitality Company last year. The MDA will see a number of Holiday Inn hotels developed across KSA over the next five years, significantly enhancing the brand's footprint in the Kingdom. Located on Prince Fahed Bi...
Hotel Equities and Owners, Scenic Capital Advisors, Break Ground for Marriott Hotel in Texas
Hotel Equities | May 6, 2015
Atlanta, GA–May 6, 2015 – Atlanta-based Hotel Equities (www.hotelequities.com) and owners Thomas and Michael Chen of Scenic Capital Advisors recently broke ground for a Fairfield Inn & Suites by Marriott in Waxahachie, Texas. The hotel is located at 2020 Civic Center Ln., the intersection of Interstate 35 E and Highway 287, just 30 minutes south of Dallas, Texas. Expected to open in early summer 2016, the hotel will sit beside the Waxahachie Civic Center, site of numerous events and meetings, and across from the newly completed Baylor Scott & White Hospital. On hand for the ceremony were Brad Rahinsky, President & COO, H...
