USLI Hospitality Management Welcomes Vice President of Sales, Marketing and Revenue Management
USLI Hospitality Management | October 31st, 2022
Lodgistics Appoints Industry Trailblazer Jessica Kramer as New CEO to Lead Next Phase of Growth and Innovation
Lodgistics | October 20th, 2022
News Archive: October
2022 HVS Lodging Tax Report – USA
Thomas Hazinski | October 26, 2022
By Thomas A. Hazinski , Peter J. Gonzalez While the lodging industry is recovering from impacts of the COVID-19 pandemic, this twelfth annual HVS Lodging Tax Study quantifies the revenue impact of the pandemic over the past year. An analysis of 25 major US hotel markets shows that overall revenues have recovered to 2019 levels, but markets with high levels of leisure demand are faring better than those without. The lag in collections of lodging taxes will prolong the impact of the pandemic state and local government collection of the taxes. The report also provides historical data on tax rates and the collection and distribution of revenue f...
Altitude Hospitality Launches Sandpiper Bay Resort in Port St. Lucie, Florida With New Name and Brand
OTH Hotels Resorts | October 6, 2022
Port St. Lucie, Fla. (Oct. 6, 2022) – A resort destination cherished by generations for nearly 50 years launches today as the new Sandpiper Bay Resort. New local ownership Altitude Hospitality selected OTH Hotels Resorts, an emerging hotel management company with a diverse portfolio, to oversee the conversion of the iconic property – formerly the Club Med Sandpiper Bay – which is recognized as a mainstay of Port St. Lucie tourism with visitors from both domestic and international markets. Briefly closed to resort guests at the end of this summer as the property changed ownership, Sandpiper Bay Resort will reopen this month as part of t...
Hotel Marketing Plan & Strategies for 2022 & 2023
Patrick Landman | October 10, 2022
By Patrick Landman Today’s traveler’s journey is more fragmented than ever. With the recent proliferation of new travel super apps, distribution Goliaths such as Google and Expedia updating their ranking algorithms at a frantic pace, and the seemingly unstoppable growth of metasearch engine traffic, building and executing an effective hotel marketing strategy can seem intimidating. Maintaining a holistic, cross-channel approach is essential and always is highly-recommended by our hotel management company. The primary goal of a robust hotel marketing plan, in fact, is to increase your brand visibility (and to do so transversally...
Where Should Hotels Start When Budgeting Tech for 2023?
Steve Lapekas | October 6, 2022
Why Total Cost of Ownership (TCO) is one of the most important metrics when it comes to hotel technology and how to lower it without sacrificing best-in-class system capabilities or service By Steve Lapekas, Chief Operations Officer and EVP, Business Development for Above Property Services (APS) For the sake of this article, let me introduce you to a hypothetical young couple who, after four years spent living together in a rented condo in the city, plan to purchase their first home together. After meeting with their financial advisor, they’ve determined a comfortable budget that considers their combined income and monthly spending ha...
Park Hyatt New York Appoints Laurent Ebzant as New General Manager
Park Hyatt New York | October 13, 2022
NEW YORK (OCTOBER 13, 2022) – Park Hyatt New York announces the appointment of Laurent Ebzant as the new general manager of the five-star luxury hotel in the heart of Midtown Manhattan. Ebzant joins the iconic, award-winning property from Grand Hyatt Rio De Janeiro in Brazil and brings more than 20 years of Hyatt experience to his new role. In this role, Ebzant is responsible for managing all aspects of the hotel operation, including guest services, human resources, financial performance, sales efforts and revenue generation, As the hotel’s strategic leader, Ebzant upholds the Park Hyatt brand’s standards, working to exceed guest exp...
JRK Property Holdings Acquires 179-Room Ace Hotel & Swim Club Palm Springs
JRK Property | October 20, 2022
Los Angeles (October 20, 2022)— JRK Property Holding has acquired the 179-room Ace Hotel & Swim Club Palm Springs in Palm Springs, CA from an affiliate of GFI Capital. JRK acquired the resort through its $350 million Hospitality Fund, which focuses on cash-flowing full- and select-service hotels for value-add and core-plus investments across the country. It targets transactions of $20 million to $250 million, but can acquire up to $1 billion for portfolios or large single assets. The Ace Hotel, which opened in 2009, is comprised of seven buildings across a 5.04-acre campus, including three food and beverage venues, a spa and 7,500...
Driftwood Capital Breaks Ground on Oceanfront Element by Westin® Hotel in Melbourne, Florida
Driftwood Capital | October 17, 2022
Melbourne, Fla. (October 17, 2022) – Driftwood Capital (Driftwood), a vertically integrated commercial real estate firm providing superior risk-adjusted returns in hospitality, is pleased to announce it has broken ground on the Element by Westin®, a new 130-key extended-stay hotel located on prime oceanfront property in Melbourne, Fla., one of the beach towns along Florida’s popular “Space Coast.” The property is being built on the 2.56-acre site of a former parking lot located at 2605 N. Highway A1A in Melbourne, Fla., adjacent to The Crowne Plaza Melbourne, another property owned and operated by Driftwood Capital. It is the first...
New Embassy Suites by Hilton Hits a High Note with Downtown Nashville Debut
Hilton | October 25, 2022
MCLEAN, Va. and NASHVILLE, Tenn., – Hilton proudly announces the opening of the largest Embassy Suites by Hilton hotel in the U.S., Embassy Suites by Hilton Nashville Downtown. The spacious 506-key all-suites hotel, situated adjacent to Music City Convention Center, is a destination for both business and leisure guests to meet, gather and celebrate their next big event. Embassy Suites by Hilton Nashville Downtown The new-build, 30-story hotel extends high into Nashville’s skyline, offering breathtaking views from all angles and is within steps of the city’s top attractions. The amenity-filled property boasts the city’s highest rooft...
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