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Isla Bella Beach Resort Selects the Full Cendyn Hospitality Cloud Portfolio
Cendyn | June 3, 2019
New 5-star Florida Keys' luxury resort chooses Cendyn for eInsight hotel CRM, digital marketing & sales tools June 3, 2019 – Boca Raton, FL – Isla Bella Beach Resort has inked a deal with Cendyn for eInsight CRM, digital marketing and sales tools to power the 24-acre oceanfront property. Located on Knights Key in Marathon, Florida, at the threshold of the iconic Seven Mile Bridge, Isla Bella marks the first full service, luxury hotel in the middle keys and the crown jewel of developer Pritam Singh & The Singh Company's hospitality portfolio. Cendyn's sales and marketing technology portfolio will empower the five-star...
CoralTree Hospitality Group Adds Claridge House in Chicago to Its Growing List of Properties
CoralTree Hospitality Group | June 3, 2019
New Management Company Adds Fourth Hotel Denver, Colo. – June 3, 2019 – Tom Luersen, president of CoralTree Hospitality Group, today announced that the company has been selected by Interwest Capital to manage the 165-room Claridge House hotel in Chicago. This is the fourth hotel that CoralTree has added to its growing collection of properties since its inception in early 2019 and its second in the Chicago area. The company already announced new management contracts in San Diego, Golden, Colo. and Steamboat Springs, Colo. "The intimate neighborhood feel of Claridge House is a big draw for guests interested in a charming hote...
Rockbridge Acquires Recently Renovated 333-Room Courtyard by Marriott Philadelphia City Avenue Hotel
Rockbridge | June 3, 2019
COLUMBUS, Ohio – June 3, 2019 – Rockbridge today announced the acquisition of the 333-room Courtyard by Marriott Philadelphia City Avenue Hotel. Pinnacle Hotel Management will manage the hotel. Located close to downtown Philadelphia, the convention center, and minutes from local historic landmarks as well as St. Joseph's University, the recently renovated hotel is well-regarded and highly rated by both business and leisure travelers. "We are excited to acquire this Courtyard in a great market like Philadelphia," said Chris Diffley, Managing Director, Investment Group at Rockbridge. "We are also pleased to continue our relati...
Next Wednesday – Celebrated Boutique Investment Conference by BLLA
Stay | May 31, 2019
Stay Boutique Live, the Investment Edition, the only conference designed by and for the boutique community, will be held at the Times Center in New York, New York on June 5, 2019, powered by BLLA. Stay Boutique Live, the Investment Edition will feature incomparable networking opportunities amongst members of the boutique community as well as a selection of established speakers on-stage. Registration is open until the morning of June 5th. The conference begins with a networking breakfast at 9am. Unlike the average hospitality conference, Stay Boutique Live powered by BLLA boasts a relaxed, intimate atmosphere conducive to the development of...
IHG ANA Hotels Group Japan and Yokohama Grand InterContinental Co. Setting Sail in Yokohama With New InterContinental Hotel
May 31, 2019
InterContinental Hotels Group (IHG®) has announced InterContinental Yokohama Pier 8 will open its doors to guests in November 2019 in the Minato Mirai area of Yokohama. The franchise agreement was made by IHG's domestic operating company, IHG ANA Hotels Group Japan (Head office: UK, Japan: Tokyo; CEO: Hans Heijligers) and Yokohama Grand InterContinental Co., Ltd. (Yokohama City, Kanagawa Prefecture Nishi-ku Minato Mirai 1-1-1, President and Representative Director: Azuma Umemura). InterContinental Yokohama Pier 8 will be built on the premises of the 'Yokohama Hammer Head Project' which is developed by SHINKO PIER CRUISE TERMINAL Co.,Lt...
Hotel Brands Under Attack: How to Stay Relevant
Daniel E. Craig | May 31, 2019
By Daniel Craig Lately there's been a lot of talk in the travel industry about hotel brands losing relevancy. If there was any doubt before, Google's latest incursions on the travel sector highlight the increasing difficulties brands have in connecting directly with travelers. Increasingly, all roads on Google lead to more Google products and toll booths. Search a destination on any device today and a Google Trips box now occupies the top of organic results. Click the link and you enter a shiny new universe that consolidates all things Google, including Maps, Flights and Hotels. Search hotels in a destination and an imposing Google Hote...
Key Takeaways From the 2019 South East Asia Hotel Investor’s Summit (SEAHIS)
Paola Orneli Bock | May 31, 2019
By Paola Orneli Bock, Han Sol Park, Ruj Masan May 31, 2019 -- HVS proudly sponsored the third edition of the South East Asia Hotel Investors' Summit that was held May 16-17 at the Westin Grande Sukhumvit Bangkok. This year's event saw over 200 delegates interacting with hospitality industry leaders on a number of key issues, such as the role of the sharing economy, franchising, demand and supply outlook for 2019, and new distribution channels disrupting the industry. HOFTEL and HVS also presented the intermediary results of the first OTA survey in an effort to shed some light on the actual costs of distribution. Below are some key takea...
Residence Inn by Marriott Opens in Big Sky, Montana Led by General Manager Mandy Hotovy
Residence Inn by Marriott | May 31, 2019
Big Sky, MT – May 31, 2019 – The 129-suite Residence Inn by Marriott in Big Sky, Montana is now open with its upscale, stylish décor that offers flexibility, while creating a unique environment. Located at 145 Town Center Avenue, the all-suite Residence Inn Big Sky/The Wilson Hotel will operate as a Marriott franchise, owned by Town Center Investment Holdings, LLC and managed by Urgo Hotels & Resorts of Bethesda, Maryland. Centrally located in the heart of the Big Sky community and just a short drive from some of Montana's most spectacular sites including Yellowstone National Park, the Residence Inn Big Sky/The Wi...
Kimpton Hotels & Restaurants to Redevelop Omaha’s Century-Old Blackstone Hotel and Office Building Into 205-Room Kimpton Omaha
Kimpton Hotels & Restaurants | May 31, 2019
SAN FRANCISCO (May 31, 2019) -- Kimpton Hotels & Restaurants announced today its first property in Nebraska, a complete rehabilitation of the historic Blackstone Hotel and former office building. The project is scheduled to open in the spring of 2020. Located in the popular and vibrant Blackstone District of Omaha near several iconic American companies, including Berkshire Hathaway, Mutual of Omaha, Ameritrade, and the Kiewit Corporation as well as the University of Nebraska Medical Center, the century-old property will feature 205 guestrooms, a steakhouse and the reimagined celebrated Cottonwood Room bar. A swimming pool in a resort-s...
INTELITY Partners With MyCheck to Further Simplify the Full Mobile Check-In Process
INTELITY | May 31, 2019
The integration between the hospitality technology platform and digital payment solution will allow hotels to offer a completely digital check-in experience Los Angeles, California (May 31, 2018) – INTELITY™, the provider of the broadest hospitality technology platform on the market, has announced its partnership with payment provider, MyCheck, allowing guests to have the "Uber-type experience" of paying digitally with a single click. MyCheck's interface, when integrated with an INTELITY-powered mobile app, allows guests to process a broad array of payment types with their mobile device. "Studies have shown that even a five-...
The Westin Hilton Head Island Saves Time With Clear Sky Software’s Beverage Inventory Control System
Clear Sky Software | May 31, 2019
CHARLOTTE, North Carolina – May 31, 2019 – Clear Sky Software, Inc. ® announced today that The Westin Hilton Head Island Resort & Spa has implemented the company's beverage inventory control system to help manage and control all beverage products. The Westin is taking advantage of the features of this industry-leading beverage inventory system. Called Clear Sky BEVERAGE, this is a comprehensive, perpetual inventory system that tracks and controls all beverage products and is helping the Westin save time and gain efficiencies in the beverage department. Functions include purchasing/ordering, receiving, electronic requisition, outlet t...
Cripple Creek’s Wildwood Casino to Break Ground on 104-Room Wildwood Hotel
May 30, 2019
May 31-- May 31--The Wildwood Casino plans to be the first of Cripple Creek's four major casino operators to begin construction of a new hotel when it breaks ground at 11 a.m. June 6 on its 104-room Wildwood Hotel adjacent to the casino. The $14 million project is planned for a summer or fall 2020 opening. The casino announced earlier this month an elevation survey had determined the Wildwood is the world's highest at 9,593 feet above sea level. Bronco Billy's Casino and Triple Crown Casinos also have announced plans for new adjacent hotels in a bid to solve a shortage of rooms and attract more customers to the Teller County...
AAM Breaks Ground on 123-Room Residence Inn by Marriott in Manchester, New Hampshire
May 29, 2019
May 30-- May 30--MANCHESTER -- A groundbreaking ceremony was held Thursday for an approximately $25 million downtown hotel across from the SNHU Arena. Work is underway at the Residence Inn by Marriott at 40 Lake Ave., which is expected to employ 50 when completed in spring 2020. "As with any construction project, this project represents countless hours of work and collaboration," Anthony Librot, an executive with the hotel's owner, AAM 15 Management LLC, said Thursday. "When we at AAM decided to pursue a hotel at this site, we wanted to make sure that it both looked and felt like a part of the city." The four-sto...
RevPAR Is Only One Piece of the Picture
David Eisen | May 17, 2019
By David Eisen Imagine you're scouting a young baseball player or footballer—someone experts have pegged as the next Derek Jeter or Lionel Messi. You can't, however, just take their word for it; you have to see their performance for yourself and also dig into the numbers—into how they rate statistically. Now, imagine you are only allowed to consult one statistic, such as batting average (hits divided by at-bats) or goals scored. Then, imagine that within this context, our Jeter heir apparent is hitting a more-than-respectable .315, and our Messi-to-be is his team's leading goal scorer. Great news, right? Well, yes and no. ...
Hyatt Recognizes Excellence Among Owners and Developers and Exceptional Hotel Performance With 2019 Awards
Hyatt Hotels Corporation | May 17, 2019
CHICAGO (May 17, 2019) – Hyatt Hotels Corporation (NYSE: H) recently celebrated excellence among owners and developers at Hyatt's Americas owners conference in Nassau, Bahamas at Grand Hyatt Baha Mar. Hyatt's leadership team presented awards to 11 companies and introduced a new recognition in the program, the Purpose and Care award. "At Hyatt, we are focused on thoughtful growth, driven by where our guests and customers want to be, and our longstanding relationships with industry-leading owners and developers enable us to achieve that vision together," said Jim Chu, global head of development and owner relations, Hyatt. "With 63 hotel op...
O’Reilly Hospitality Management Opens Cambria Hotel Omaha Downtown
Cambria Hotels | May 17, 2019
ROCKVILLE, Md., May 17, 2019 -- Choice Hotels International, Inc.'s (NYSE: CHH) upscale Cambria Hotels brand marked its arrival in Nebraska with the grand opening of the Cambria Hotel Omaha Downtown. The 128-room hotel is the newest addition to Omaha's growing NoDo district and will entice modern travelers visiting the area with captivating design, local flavors, contemporary amenities, and convenient access to popular Omaha destinations. Following a ribbon cutting ceremony, guests celebrated with area-inspired fare and drinks from Brickway Brewery & Distillery, Empyrean Brewing Company, Nebraska Brewing Company, and Zipline...
HVS Market Pulse: Downtown Omaha, NE
Sara Olson | May 17, 2019
By Sarah Olsen Local Economy and Redevelopment Projects A major revitalization period commenced in Omaha's Downtown Central Business District approximately 15–20 years ago when several high-profile projects were completed. Between 2002 and 2005, development projects included the construction of the First National Bank Tower (both the city's and the state's tallest building), the CHI Health Center, the Gallup Riverfront Campus, the Union Pacific Center, and the Holland Performing Arts Center. Another wave of redevelopment has hit the shores of the Missouri River in recent years, and several major projects are either currently under...
Radisson Debuts in Hangzhou With Opening of Radisson Hangzhou Qianjiang
May 17, 2019
Shanghai, China - May 17, 2019 -- Radisson Hotel Group™ continues to bring its world-renowned standards of hospitality to China's key cities, with the launch of the first Radisson hotel in Hangzhou, the capital of Zhejiang province. The Group announced today, the opening of Radisson Hangzhou Qianjiang, strategically located in the new city center of Qianjiang Century City. The hotel is a 20 minutes' drive away to Hangzhou's Xiaoshan International Airport, a transportation hub that is now served by almost 50 airlines and offers direct connections to cities including Amsterdam, Bangkok, Doha, Hong Kong, Singapore, Sydney and Tokyo. ...
Canadian Lodging Outlook Quarterly 2019-Q1
HVS | May 17, 2019
May 17, 2019 -- HVS and STR are pleased to provide you with the quarterly report of the Canadian Lodging Outlook. Each report includes occupancy (occ), average daily rate (ADR), and revenue per available room (RevPAR) for six major markets. If you would like a detailed hotel performance data for all of Canada, STR offers their Canadian Hotel Review. The Canadian Hotel Review is available by annual subscription. For further Information, please contact: info@str.com or +1 (615) 824-8664 ext. 3504. ...
Sam Moon Group Begins Construction of Hyatt House in North Houston’s Metropark Square
Sam Moon Group | May 17, 2019
DALLAS – May 17, 2019 – Sam Moon Group announces the commencement of construction for a Hyatt House extended stay hotel at the Metropark Square mixed-use development in Shenandoah, Texas. The 5-story, 148-room hotel is slated to open in November 2020. The hotel developer is Sam Moon Group; contractor is VCC and architect is Type Six. The senior lender for the project is Veritex Community Bank and Bedrock Group raised EB-5 Funds for the construction of the Hyatt House Metropark Shenandoah/The Woodlands. "We are excited for the closing of financing and to begin construction with our partners VCC on Hyatt House Metropark Shenan...
Indian Hotels Signs $600 Million Investment Partnership With Singapore’s GIC
May 16, 2019
May 17-- May 17--BENGALURU -- Tata-group owned Indian Hotels Co Ltd (IHCL), which runs the Taj luxury hotel chain, on Friday signed a strategic partnership with Singapore's sovereign wealth fund GIC Pte Ltd for an investment framework of around INR4,000 crore ($600 million) for a period of three years. This investment platform will be used to acquire fully operational hotels mainly in the luxury, upper upscale and upscale segments in India, IHCL said in a BSE filing. The platform allows IHCL to pursue acquisitions in an asset-light format, with the equity contribution from IHCL at 30% and the balance contributed by GIC, over a perio...
Independent Hotels: An Action Plan to Win the Direct Booking
Max Starkov | May 16, 2019
By Max Starkov With the explosion of the "digital way of life", the traveler's customer journey has become increasingly complex, which necessitates independent hoteliers to rethink and overhaul their marketing and technology stack strategies and investments. Today's online travel consumer is exposed to more than 38,983 micro-moments in any 60-day timeframe and visits an average of 18 websites via multiple devices across eight sessions before making a hotel booking (Google Research). Google defines this customer journey as a fluid series of interconnected stages: Dreaming, Planning, Booking, Experiencing and Sharing Phases, in which eve...
Waterparks: Growth Trends in 2019
David J. Sangree | April 15, 2019
Diving Into Waterpark Growth Trends in 2019: 2019 will bring growth to the U.S. & Canadian markets as waterparks continue to evolve their attraction mix. By David J. Sangree, MAI, CPA, ISHC For the ever-growing waterpark industry, 2019 will be another year for robust growth as over $1 billion in investment is slated for indoor and outdoor waterparks and their related resorts. We project 21 municipal and private outdoor waterparks will open and three resorts will add or expand outdoor waterparks. The indoor segment will total 629,200 square feet of new waterpark space in 12 properties. Three of this year's most anticipated and exp...
Intercontinental Los Angeles Downtown Appoints New Executive Team Members for the 889-Room Hotel
InterContinental® Los Angeles Downtown | January 15, 2019
LOS ANGELES, Calif. (January 15, 2019) – InterContinental Los Angeles Downtown is pleased to announce new executive team members for the 889-room hotel. As the tallest building west of Chicago, the InterContinental Los Angeles Downtown hotel elevates the Los Angeles skyline at 1,100 feet and 73 stories. Leading the team as General Manager is Niles Harris, who oversees all aspects of the day-to-day hotel operations, from sales and marketing, revenue management, and guest experiences, to programming and food and beverage. Harris carved out an outstanding hospitality career spanning more than 30 years, holding key leadership roles in two of...
