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Eagle Four Partners and Lyon Living Acquire the Newport Beach Marriott Hotel & Spa
Eagle Four Partners | November 9, 2020
NEWPORT BEACH, Calif., Nov. 6, 2020 - Eagle Four Partners, LLC and Lyon Living announce today the acquisition of the Newport Beach Marriott Hotel & Spa located in Newport Center adjacent to Fashion Island. The hotel situated on 10 exceptional acres features sweeping views of the Pacific Ocean, Newport Harbor and the adjacent Newport Beach Country Club. Boasting 532 guestrooms, 32,000 square feet of indoor and outdoor venues, the hotel is ideal for corporate and social events. This leisure and group event hotel is conveniently located within Newport Center's over 3 million square feet of Class A office space and across from the 1.3 mil...
Hall of Fame Resort & Entertainment Company Opens Newly Renovated DoubleTree by Hilton Canton Downtown
The Hall of Fame Resort & Entertainment Company | November 9, 2020
CANTON, Ohio – November 9, 2020 – Hall of Fame Resort & Entertainment Company (“HOFV” or the “Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football and owner of the Hall of Fame Village powered by Johnson Controls (“the Destination”), today announced that the DoubleTree by Hilton Canton Downtown Hotel will open on November 9, 2020 after undergoing a multi-million dollar renovation. Managed by Crestline Hotels & Resorts, LLC, the hotel will serve as the flagship lodging destination in downtown Canton, Ohio for Hall of Famers and their famili...
TRYP by Wyndham Orlando Set for November Opening in Florida
November 9, 2020
ORLANDO, FLORIDA – A highly anticipated newcomer to the Orlando hotel scene, TRYP by Wyndham Orlando—the city’s newest hotel and the first TRYP by Wyndham hotel to arrive in Orlando—has announced its grand opening on Saturday, November 14th. Located on Orlando’s famed I-Drive, heart of Orlando just minutes from the world’s greatest theme parks including Universal Orlando, SeaWorld® Orlando and Walt Disney World. Guests will also find premier golf courses, museums, local restaurants and shopping nearby. The TRYP by Wyndham Orlando team will celebrate its debut with a socially-distanced ribbon cutting ceremony on Thursday, Novemb...
First Atwell Suites™ Hotel Now Under Construction in Miami
IHG | November 9, 2020
IHG® Hotels & Resorts, one of the world’s leading hotel companies, announced today that the first Atwell Suites™ hotel is now under construction in Miami. Expected to open by summer 2021, the first Atwell Suites will be a 90-room hotel located in Brickell, an urban neighborhood home to Miami and South Florida’s financial district, as well as many foreign consulates. The hotel is part of a new high-rise, mixed-use property which will also include a new 140-room Hotel Indigo Miami Brickell. This property is owned by Francisco Arocha, Pedro F. Villar, Albert Ovadia and Sunview Companies. Atwell Suites is IHG’s newest brand, int...
Latin America’s Hotel Construction Pipeline Continues to Decline at End of 3Q 2020
Lodging Econometrics | November 9, 2020
November 9, 2020 – PORTSMOUTH, NH - Analysts at Lodging Econometrics (LE) state in the Q3 ’20 Latin America Hotel Construction Pipeline Trend Report that the total construction pipeline stands at 671 projects/116,731 rooms, down 7% by projects and 11% by rooms, year-over-year (YOY). Projects presently under construction stand at 344 projects/61,159 rooms, up 3% by projects and 1% by rooms, YOY. Projects scheduled to start construction in the next 12 months are at 186 projects/34,551 rooms. Projects in the early planning stage have experienced the sharpest decline, down 23% by projects and 40% by rooms YOY, settling in at 141 projects...
Global Hotel Profit Improves in Q3, But Still Languishing
HotStats | November 9, 2020
Hotels globally performed better in the third quarter, but the improvement proved to be only less bad, as COVID-19 continues to roil the world. U.S. hotels in Q3 achieved a gross operating performance per available room (GOPPAR) of $-9.87, which was 58% higher than the GOPPAR recorded in Q2, but 110% down from the same period a year ago, according to data from HotStats. Though the quarter produced a jump, the U.S. remains the only global region yet to have achieved a positive month of GOPPAR since the pandemic began. The data follow similar trends in the U.S. GDP, which grew around 7.4% during the quarter, after shrinking 1.2% in the fi...
Hospitality Financial Leadership: What Do Peter Pan and Your Hotel Career Have in Common?
David Lund | November 9, 2020
By David Lund “All children, except one, grow up.” ~ Peter Pan In the hotel business we don’t want to grow up either. That’s why so many people find our business so exciting and interesting and that’s why they stick around and work crazy days and super long weeks. Why else would anyone want to do these things? In my experience many of the people in hospitality who really excel in their careers came for a summer job and stayed a lifetime. That’s the unexpected magical spell that lands on you when you fall in love with the hotel business. Falling in love is exciting and everything seems effortless and new. But what happens ...
Davidson Hotels & Resorts Selected to Manage Eden Roc Miami Beach and Nobu Hotel at Eden Roc
Pivot Hotels & Resorts | November 9, 2020
ATLANTA (November 9, 2020) – Davidson Hotels & Resorts, the award-winning hospitality management company, welcomes Eden Roc Miami Beach and Nobu Hotel at Eden Roc as the latest additions to its distinctive portfolio. Operated by Davidson’s lifestyle and luxury division Pivot Hotels & Resorts, Eden Roc is designed by Morris Lapidus in the famed “MiMo” style and situated in Miami Beach, featuring 415 spacious ocean view guest rooms with oversized balconies, three pools, spa and beachfront cabanas. Nobu Hotel, the hotel-within-a-hotel at Eden Roc, occupies the original tower and boasts an additional 204 thoughtfully-designed ro...
Volara Named a ‘Hot 25 Startup’ for 2021 by PhocusWire
Volara | November 9, 2020
The future of hospitality communications is now; Voice-based contactless customer engagement provider is keeping hotel guests and staff talking safely amidst the pandemic November 9, 2020, NEW YORK — Volara, the voice hub for the hotel industry, has been selected as one of PhocusWire’s “Hot 25 Startups” for 2021 and has been invited to present their innovative solutions during the Innovation Summit at Phocuswright 2020 on November 12, 2020. The third annual event, produced by PhocusWire, the sister media brand of travel research and events business Phocuswright, recognizes companies that have navigated through the pandemic and,...
AAA Four-Diamond Thunder Valley Casino Resort Selects INTELITY for End-to-End Digital Transformation
INTELITY | November 9, 2020
The California property is partnering with INTELITY to supply guests with brand new in-room tablets and mobile capabilities that power a seamless, contactless stay Los Angeles, CA (November 9, 2020) - INTELITY®, the developer of hospitality’s most comprehensive guest experience and staff management platform, announced today a new deal with Thunder Valley Casino Resort in Lincoln, California. The AAA Four-Diamond property will deploy the full INTELITY platform, embracing mobile, in-room, and staff technology in an innovative overhaul of their operations and guest experience. From before they even arrive for their stay until they depar...
Checking Temperatures at Clock-In & Check-In Is the Next Evolution of Employee, Guest Safety
Robb Monkman | November 9, 2020
SafeScanRX is entering the hotel market with a safety solution sure to put both workers’ and travelers’ minds at ease that hotels are safer than ever By Robb Monkman “Enabling Security Everywhere” has been the focus of React Mobile since its inception. Our company was founded on the principle of making safety simple for every hotel employee through technology. While COVID-19 has been devastating to everyone in the travel and hospitality industries, it appears to have a silver lining: The hotel industry is improving the safety of hotel workers everywhere. Daily I read reports of new technologies entering the hotel space that ...
Golden Entertainment Reports 2020 Third Quarter Results
Golden Entertainment | November 5, 2020
LAS VEGAS - Golden Entertainment, Inc. (NASDAQ: GDEN) (“Golden Entertainment” or the “Company”) today reported financial results for the third quarter ended September 30, 2020. Blake Sartini, Chairman and Chief Executive Officer of Golden Entertainment, commented, “Our financial performance quickly recovered from the impact of the mandated shutdowns in March reflecting the benefit of our diversified portfolio of local and regional gaming operations as well as adjustments we made to managing the business. Our third quarter results demonstrate the continued strong operating trends at most of our properties since reopening as we ge...
Host Hotels & Resorts, Inc. Reports Results for Third Quarter 2020
November 5, 2020
BETHESDA, Md., Nov. 05, 2020 - Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced results for the third quarter of 2020. James F. Risoleo, President and Chief Executive Officer, said, “During the third quarter, we achieved a meaningful sequential increase in revenue and reduced our net loss and hotel-level operating losses from second-quarter levels, despite a year-over-year decrease in travel due to COVID-19. We reopened 20 hotels during the quarter, and consistently improved RevPAR each month as our operators increased average hotel...
Choice Hotels International Reports 2020 Third Quarter Results
Choice Hotels | November 5, 2020
ROCKVILLE, Md., Nov. 5, 2020 - Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, today reported its results for the three and nine months ended September 30, 2020. "Choice Hotels' proven portfolio of well-segmented brands, geographic footprint, and strength in leisure travel continued to drive results that outperformed the industry and position the company to benefit from the recent shifts in consumer behavior," said Patrick Pacious, president and chief executive officer, Choice Hotels. "We believe that our strategy of growing our limited-service brands in the right segments and the right lo...
Hyatt Reports Third-Quarter 2020 Results
Hyatt Hotels Corporation | November 5, 2020
CHICAGO (November 5, 2020) - Hyatt Hotels Corporation ("Hyatt" or the "Company") (NYSE: H) today reported third-quarter 2020 financial results. Net loss attributable to Hyatt was $161 million, or $1.59 per diluted share, in the third quarter of 2020, compared to net income attributable to Hyatt of $296 million, or $2.80 per diluted share, in the third quarter of 2019. Adjusted net loss attributable to Hyatt was $150 million, or $1.48 per diluted share, in the third quarter of 2020, compared to Adjusted net income attributable to Hyatt of $39 million, or $0.37 per diluted share, in the third quarter of 2019. Refer to the table on page 13 of th...
RLJ Lodging Trust Reports Third Quarter 2020 Results
RLJ Lodging Trust | November 5, 2020
- Portfolio generated positive gross operating profit and open hotels generated positive EBITDA - Reduced monthly cash burn estimate - Maintain total liquidity of $1.2 billion BETHESDA, Md.--November 5, 2020--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2020, and is providing a hotel reopening and cash burn update in light of the ongoing COVID-19 pandemic. Highlights 96 hotels now open, representing 93% of the portfolio Total portfolio achieved 29.3% occupancy and open hotels achieved 37.1% occupancy during the third quarter Reducing monthly cash bu...
Where Data Goes to Die
Alan Zaccario | November 5, 2020
By Alan Zaccario The Aftermath of the Pandemic and the Ethical Implications of Data Deletion and Sanitization An exclusive Hotel Online article series on securing customer and employee data - Part 1 Embarrassing reports of lost data surfacing on the dark web are becoming more and more prevalent in the media. As hoteliers we become the custodians of our guests and customers’ data from the time acquired and utilized until that information is archived or permanently deleted. However, what happens when that chain of custody is broken? What happens to the employee data too? More importantly what plans do you as an owner have to prevent a dis...
STR: U.S. Weekly Hotel Occupancy Lowest Since Late June
STR | November 5, 2020
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy was the lowest for any week since late June, according to the latest data from STR through 31 October. 25-31 October 2020 (percentage change from comparable week in 2019): Occupancy: 44.4% (-29.0%) Average daily rate (ADR): US$91.56 (-27.4%) Revenue per available room (RevPAR): US$40.70 (-48.4%) With rising COVID-19 case numbers and less leisure travel, the U.S. saw a second consecutive week with fewer hotel guests. During October 25-31, room demand fell 1.3 million from the prior week, leading to the country’s lowest occupancy level (44.4%) since the week of June 14-2...
Canada Hotel Occupancy Drops Slightly
STR | November 5, 2020
HENDERSONVILLE, Tennessee—STR data for 25-31 October 2020 showed slightly lower occupancy from prior weeks for Canada’s hotel industry. 25-31 October 2020 (percentage change from comparable week in 2019): Occupancy: 29.2% (-49.8%) Average daily rate (ADR): CAD109.77 (-25.9%) Revenue per available room (RevPAR): CAD32.10 (-62.8%) Occupancy for previous weeks came in at 31.1% (24 October), 29.9% (17 October), and 32.2% (10 October), respectively. For the week ending with 31 October, British Columbia recorded the highest occupancy level (35.6%) among the provinces. Vancouver (33.0%) was the only major market at or ab...
Commonwealth Hotels Adds Home2 Suites by Hilton El Reno to Management Portfolio
Commonwealth Hotels, LLC | November 5, 2020
COVINGTON, Ky., Nov. 4, 2020 - Commonwealth Hotels is pleased to announce the addition of the Home2 Suites by Hilton El Reno to the companies expanding portfolio. Based just 25 minutes outside of downtown Oklahoma City, the hotel broadens Commonwealth's footprint in the Midwest. "We're truly excited for the opportunities managing the Home2 Suites EL Reno will bring us," Brian Fry, President of Commonwealth Hotels, said. "The chance to work in a new community with a new brand will be a boon for our organization. We cannot wait to implement the Commonwealth culture in the Heart of Oklahoma." The Home2 Suites by Hilton El Reno includes 8...
Pellerin Real Estate Acquires 375-Key Ramada Plaza by Wyndham Atlanta Downtown & Conference Center
Life House | November 5, 2020
ATLANTA - Pellerin Real Estate has acquired the former Ramada Plaza by Wyndham Atlanta Downtown & Conference Center, a prominently-located 375-key full-service hotel in Atlanta’s Summerhill neighborhood. Pellerin has partnered with Life House through its Life Hospitality independent management arm to stabilize operations and explore redevelopment opportunities as the neighborhood continues to evolve. Together, the partnership seeks to grow its hotel portfolio by at least 1,000 additional keys by acquiring midscale hotels in Sun Belt states over the next 12-month period. Pellerin’s first hotel project is extremely well-located in d...
Whiteface Lodge Taps Joe Giannino as General Manager
Whiteface Lodge | November 5, 2020
LAKE PLACID, N.Y. – Nov. 5, 2020 – Whiteface Lodge is pleased to announce that Joe Giannino has been appointed general manager of the AAA Four-Diamond, luxury all-suite resort in Lake Placid, N.Y. Giannino brings a wealth of knowledge to Whiteface Lodge with 30 years of experience at both branded and boutique hotels and resorts, as well as upscale restaurant operations. Among his first leadership projects was a food donation effort at Whiteface Lodge, organized in partnership with the U.S. Department of Agriculture and the Farmers to Families Program, which handed out packages of fresh and dried foods to area residents in need. Refl...
Kimpton Key West Adds Ella’s Cottages to Collection
Kimpton Key West | November 5, 2020
KEY WEST, Fla. (November 5, 2020) – Kimpton Hotels & Restaurants announces the November 15 opening of Ella’s Cottages, the fourth of five properties to open in the new Kimpton Key West collection located throughout the island’s Old Town historic district. Joining the recently opened Winslow’s Bungalows, Lighthouse Hotel and Fitch Lodge, Ella’s Cottages is located just steps from lively Duval Street and features 22 guestrooms and cottages, including five suites. The final property in the collection, Ridley House, is slated to open in early 2021. Beckoning guests to unwind by its secluded pool or wander through its lus...
Five-Star Park City Hotel Finds Success With Digital Marketing During COVID-19 Shutdown
GCommerce | November 5, 2020
Park City, UT, November 5, 2020- Five-Star Park City hotel, Stein Eriksen Lodge, partnered with GCommerce to run digital marketing efforts during COVID-19 to maintain brand awareness in key markets in order to secure market share upon reopenings. Being aware that the Stein Eriksen Lodge name and brand would still have interest for online searchers even during their pandemic closure, GCommerce kept the “lights on” with paid search brand and name terms to ensure searchers would find Stein Eriksen Lodge’s website when thinking of future stays and vacations throughout the Spring of 2020. “Nobody knew what to expect when the COVID-19...
