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Market Reports

International Visitors Spent Nearly $20.1 Billion Traveling Within the United States in March

National Travel and Tourism Office (NTTO) | May 23rd, 2024

CBRE Expects RevPAR Growth to Improve in H2 2024, Driven by Holiday and International Travel

CBRE Group, Inc. | May 16th, 2024

European Pipeline Soars Despite Economic Slowdown Throughout the Region

Lodging Econometrics (LE) | March 1, 2019

In the 2018 year-end report by Lodging Econometrics (LE), Europe's total construction pipeline skyrocketed to 1,569 projects/243,947 rooms, a whopping 19% increase year-over-year (YOY), and the highest project and room counts ever recorded. The record counts come despite concerns of slower growth throughout the region, shrinking demand for the region's exports, Brexit uncertainties, and political tensions in many countries. There are 784 projects/124,674 rooms currently under construction, 434 projects/68,128 rooms planning to start construction in the next 12 months, and 351 projects/51,145 rooms in the early planning stage. The total ...

HVS Market Pulse: Gaylord Rockies – Impact on Denver Lodging Submarkets

Ryan mark | March 1, 2019

By Ryan Mark, Katy Black March 1, 2019 -- With the recent opening of the massive Gaylord Rockies, many are wondering what the ultimate impact of the 1,501-room resort will have on the Denver, Front Range, and greater Colorado lodging market. We believe the impact will be largely positive. Competition for the 200- to 800-room block group, which previously and primarily only looked to The Broadmoor (Colorado Springs) or Downtown Denver to book, now have an alternative, which should intensify price competition in the near term. Despite this pricing dynamic, Colorado is a hugely popular destination for groups, and the opening of a new, upsc...

HVS Market Pulse: Minneapolis - After the Super Bowl

Tanya J. Pierson | February 28, 2019

By Tanya J. Pierson and Justin Westad Surrounded by the beauty of lakes and the Mississippi River, Minneapolis is home to many Fortune 500 companies and more than 11,000 hotel rooms. High quality of life, diversity of employers, and leisure attractions continue to entice demand and an ensuing level of hotel development to the area. While the Super Bowl confetti has settled and the cold weather has returned, Minneapolis remains a strong city, with a broad base of corporate, group, and leisure visitors. Unemployment remains in a downward spiral at 2%, compared to the national average of 3.5% as of November 2018, and the economy continues ...

BENCHMARK®, a global hospitality company, Names Christina Gregg Vice President Human Resources

February 28, 2019

The Woodlands (Houston), Texas, February 2019 … BENCHMARK®, a global hospitality company, has named Christina Gregg vice president human resources. Karen Di Fulgo, Benchmark's chief people officer, made the announcement. "It is a pleasure to welcome Christina to the leadership team here at Benchmark," said Ms. Di Fulgo. "She not only takes over this position with a solid background in Human Resource management, she brings an important awareness and understanding of our company's Be The Difference service culture, which will prove invaluable to her new role with us." Christina Gregg brings nearly 25 years of senior human resou...

European Hotel Transaction Levels Down in 2018 Although Investor Interest Remains Strong, Says Hvs Report

HVS | February 28, 2019

28 February 2019, London: European hotel transaction volumes reached €18.6 billion in 2018, a decrease of 14% on the previous year, but still the fifth highest level recorded, according to the annual European Hotel Transactions report published this week by HVS and its brokerage and investment services division HVS Hodges Ward Elliott. A total of 655 properties, averaging 156 rooms, changed hands in 2018 with the average price per key growing by 8% in 2018, reflecting the quality of the hotels that were sold, as well as a growth in values. "The European hotel investment market continues to show rising popularity as an alternative a...

Edgar Carrera Appointed Executive Chef for The Ritz-Carlton Reynolds, Lake Oconee

February 28, 2019

GREENSBORO, GA (February 2019) – Fresh flavors and authentic techniques can be expected at The Ritz-Carlton Reynolds, Lake Oconee with the appointment of Edgar Carrera to Executive Chef, overseeing the entire culinary operation. With Chef Carrera at the helm, the culinary experiences on property will be infused by his heritage, while remaining true to the Southern cuisine that is synonymous with the resort. Chef Carrera's foundation is strongly rooted in a culture where the kitchen and cooking is the heart and soul of family life. Hailing from Mexico, the majority of his childhood was spent either at his grandfather's butcher shop...

Interviews With Leaders - Mr. Neil George, Strategic Advisor, Rosewood Hotel Group

HVS | February 27, 2019

1. How would you describe Rosewood Hotel Group's development and growth strategy in the Middle East and Africa? We have a measured and considered approach to our global growth strategy. We have four brands – Rosewood Hotels & Resorts in the ultra-luxury segment, New World in the upper-upscale space, Penta in the upper-midscale lifestyle space, our latest brand KHOS targeting the luxury business-lifestyle space. In this region, we are primarily focused on growing the Rosewood brand, but open to gradual development of New World and Penta, and will soon be launching KHOS too. For Rosewood, as an ultra-luxury brand with 24 propert...

Islamorada’s Postcard Inn Beach Resort & Marina Promotes Ryan Wisely to Executive Chef

February 27, 2019

Islamorada, Fla. (Feb. 27, 2019) – Postcard Inn Beach Resort & Marina, an iconic Florida Keys getaway located in the Sport Fishing Capital of the World, Islamorada, announces the promotion of Ryan Wisely to executive chef. A proven leader in the food & beverage industry, Wisely previously served as the executive chef of Amara Cay Resort, the sister property of Postcard Inn Beach Resort & Marina. In his new role, Wisely will oversee the day-to-day operations of the culinary program at Postcard Inn Beach Resort & Marina including the three onsite restaurants, Ciao Hound Italian Kitchen & Bar, Tiki Bar and the soo...

The Adolphus Welcomes Nicholas Katz as General Manager of Food & Beverage

The Adolphus | February 27, 2019

DALLAS (February 27, 2019) – The Adolphus, Dallas' premier luxury boutique property, proudly welcomes Nicholas Katz as its new General Manager of Food & Beverage. Katz will oversee operations for all hotel F&B outlets, including Otto's Coffee & Fine Foods, City Hall Bistro and City Hall Bar, The French Room and The French Room Bar, chef-driven menus at the pool deck and in-room dining. Katz will also oversee banquets and events for the properties 24,000 square feet of event space. Katz brings more than two decades of industry experience, working with notable concepts such as Fireside Pies, Victor Tangos, The Porch, Ame...

BENCHMARK® Names Anna Corrine Barrett Director of Food & Beverage for Lake Arrowhead Resort and Spa

February 27, 2019

The Woodlands (Houston), Texas, February 2019 … BENCHMARK®, a global hospitality company, has named Anna Corrine Barrett director of food & beverage for Lake Arrowhead Resort and Spa, a Benchmark Resorts & Hotels property located in Lake Arrowhead, California. Geoff Young, Benchmark's managing director for the resort, made the announcement. "I am very happy to welcome Anna back to Lake Arrowhead Resort and Spa," said Mr. Young. "She knows our property and our market well and is the perfect person to lead this department to higher levels of culinary success." Anna Corrine Barrett was previously the general manager of f...

Scout Hotel & Resort Management Appoints James Wolfe as General Manager of Seven Hills in the Berkshires

Seven Hills | February 27, 2019

LENOX, Mass. – Feb. 27, 2019 – James Wolfe has been appointed general manager of Seven Hills, a historic, 57-room boutique hotel in the Berkshires' town of Lenox. Backed by 17 years of senior leadership experience in the hospitality industry, Wolfe joins the hotel in the midst of a repositioning and renovation that is slated for completion this spring. Wolfe comes to Seven Hills from another Berkshires hotel, the 77-room Comfort Inn & Suites Sturbridge, where he also served as general manager. Over the course of his career, he has held general manager positions at hotels throughout the Northeast and Midwest under the Cou...

Aimbridge Hospitality Appoints Ian McAuley as President, Canada

Aimbridge Hospitality | February 27, 2019

DALLAS, TEXAS (FEBRUARY 27, 2019) -- Aimbridge Hospitality, the largest and most recognized hotel investment and management firm in the United States, announces the appointment of Ian McAuley as President, Canada. McAuley joins Aimbridge with more than 30 years of experience in the hospitality industry in both Canada and the United States. Most recently, McAuley served as the President of American Hotel Income Properties REIT LP, Canada's largest publicly-traded hotel company with 112 hotels located throughout the United States. In his new position, McAuley will play a key role in fostering new international joint venture opportunities,...

Mandarin Oriental, Boston Appoints Jason Paluch as Director of Spa & Wellness

Mandarin Oriental, Boston | February 26, 2019

Boston, 26 February 2019 – The Five-Star Mandarin Oriental, Boston is delighted to announce the appointment of Jason Paluch to the position of Director of Spa & Wellness. Paluch joins Mandarin Oriental, Boston from the former Mandarin Oriental, Atlanta, where he held the position of Director of Spa & Wellness since February 2016. As the only Forbes Five-Star awarded Spa in Massachusetts, The Spa at Mandarin Oriental, Boston offers the most exclusive pampering experience and an array of holistic treatments that combine modern techniques and traditional Eastern therapies for body, mind and spirit. A licensed Aesthetician wit...

Timbers Resorts Appoints Damon Kolb as Development Manager and Ryan Bell as Corporate Director of Asset Management

Timbers Resorts | February 26, 2019

WINTER PARK, Fla. (Feb. 26, 2019) -- Timbers Resorts, a luxury hospitality brand known for its exceptional boutique hotels, residence clubs and resort communities located around the world, announces the appointment of Damon Kolb as Development Manager and Ryan Bell as Corporate Director of Asset Management. The new additions are part of Timbers Resorts' exciting expansion plan, which kicked off in early December with the relocation of the company's headquarters to Winter Park, FL. Damon and Ryan will help spearhead efforts to grow the brand into the country's Eastern Seaboard as well as into the Caribbean and Europe. "Securing the very ...

Jessica Cook Joins The Lodge at Blue Sky, Auberge Resorts Collection as Director of Sales And Marketing

Blue Sky Utah | February 26, 2019

WANSHIP, UTAH (Feb. 21, 2019) – The Lodge at Blue Sky, Auberge Resorts Collection, the new luxury resort opening May 2019 outside of Park City, Utah, announced the appointment of Jessica Cook as Director of Sales and Marketing. Cook brings more than 15 years of luxury hospitality experience and extensive knowledge of outdoor and adventure travel to her new role overseeing sales and marketing efforts for Auberge Resorts Collection's first Utah property. "We are delighted to welcome Jessica to the Auberge family," said Mike Minchin, Chief Marketing Officer, Auberge Resorts Collection. "Her passion for the outdoors paired with years ...

The Lodge at Blue Sky, Auberge Resorts Collection Appoints Joe Ogdie as General Manager

Blue Sky Utah | February 26, 2019

WANSHIP, UTAH (February 21, 2019) – The Lodge at Blue Sky, Auberge Resorts Collection, the new resort that will introduce a modern interpretation of the Western adventure when it opens near Park City in May 2019, today announced the appointment of Joe Ogdie as General Manager. In his new role, Ogdie will oversee the daily operations of the resort, which will encompass 46 rooms and suites, a spa, signature restaurant, High West Distillery and countless outdoor activities, such as heli-skiing, horseback riding and kids' programs, that will connect guests with the expansive 3,500-acre mountain paradise. "We are thrilled to have Joe l...

Indonesia’s Bawah Reserve Appoints Raymond Saja as General Manager

Bawah Reserve | February 26, 2019

New York, NY (February 25, 2019) - Bawah Reserve, a pristine paradise of 6 private islands in Indonesia's Anambas Archipelago, is thrilled to announce the appointment of Raymond Saja as the new General Manager. In his new role Raymond will look to position the resort as the "new" Maldives with a strong emphasis on wellness, sustainability, eco-awareness and a successful balance with luxury. Saja aims to ensure guests have an indulgent private island experience while simultaneously educating and raising awareness around the property's strong commitment to conservation stewardship and sustainability. Singapore Airlines has launched a dire...

Phuket Marriott Resort and Spa, Nai Yang Beach Appoints Gerd Kotlorz as General Manager

Phuket Marriott Resort and Spa, Nai Yang Beach | February 26, 2019

Phuket, Thailand, 26 February 2019 - Phuket Marriott Resort and Spa, Nai Yang Beach has announced the appointment of Gerd Kotlorz as its new General Manager, effective 25 February 2019. A German national and highly experienced hospitality professional, Gerd moves to Phuket from Bangkok, where currently holds the position of Area Director of Sales & Distribution for Thailand, Vietnam, Cambodia and Myanmar. He will take over Phuket Marriott Resort and Spa, Nai Yang Beach from David Ippersiel, who as General Manager successfully led the resort through its extensive refurbishment and opening phase in 2016. Under David's tenure, Phuket M...

Villa Premiere Boutique Hotel & Romantic Getaway Welcomes Arthur Viot as New General Manager

Villa Premiere Boutique Hotel & Romantic Getaway | February 26, 2019

Manhattan, NY, February 26, 2019 -- Villa Premiere Boutique Hotel & Romantic Getaway in Puerto Vallarta welcomes Mr. Arthur Viot as General Manager for the property. Mr. Viot will reinforce existing efforts to elevate the already high quality of service and overall guest experience at the property, continuing an intense promotional campaign emphasizing not only service but wellness and gastronomy via its All-Inclusive "Exquisite" Gourmet Plan. "I am thrilled with the opportunity to join Villa Premiere Boutique Hotel & Romantic Getaway," said Mr. Viot. "When this opportunity presented itself, I decided to take it because I wanted...

Dream Hotel Group Appoints Norbert Mede as General Manager of Heritage House Resort & Spa

Heritage House Resort & Spa | February 25, 2019

NEW YORK, NY (February 25, 2019) – Renowned hotel brand and management company, Dream Hotel Group is pleased to announce the appointment of Norbert Mede as General Manager of Heritage House Resort & Spa, overseeing the management of the resort's operations. Steeped in the beauty of the Northern California coast, Heritage House Resort & Spa blends ocean side beauty with luxurious hospitality and accommodations. Norbert Mede is a 30 year award-winning veteran of the hospitality industry, from his early days of starting a party staffing company and a brewpub tour company to his extensive hotel General Manager and culinary exp...

Grand Resort Bad Ragaz Appoints Stephan Wagner as Spa & Wellbeing Director

Grand Resort Bad Ragaz | February 25, 2019

Bad Ragaz, Switzerland (February 25, 2019) - Grand Resort Bad Ragaz has announced the appointment of Stephan Wagner as director of spa & wellbeing. Wagner brings over 20 years of international spa experience to the leading medical health and wellness resort. Prior to joining Grand Resort Bad Ragaz, the native German managed the spa at Madinat Jumeirah in Dubai for almost six years. Wagner also studied spa management at the Chiva-Som Academy in Thailand, and holds a Hospitality Management Certificate from Cornell University in collaboration with the Nanyang Technological University in Singapore. Although he has already worked with a ...

European Hotel Rooms See Strong Growth in Value With Gains Across Most Cities, Reveals HVS Valuation Index

HVS | February 25, 2019

25 February 2019, London: Hotel values across Europe registered another strong year in 2018 showing 3% growth and reaching new highs, according to the annual European Hotel Valuation Index (HVI), compiled by global hotel consultancy HVS. Although a more modest growth than that of 2017 at 3.9%, 2018 saw recovery for many cities as well as a levelling off in values for some markets, which had previously been depressed compared with the European average. "While there has been geopolitical uncertainty and instability in Europe, the influence of this on investors, developers and lenders within the hotel sector seems to be continually lesseni...

Michael Treanor Appointed Executive Chef of Montage Beverly Hills

Montage Beverly Hills | February 22, 2019

BEVERLY HILLS, CALIF. (February 22, 2019) - Montage Beverly Hills is pleased to announce the appointment of Michael Treanor as executive chef. Drawing upon two decades of culinary experience earned at luxury hotels and restaurants on both coasts, Treanor will oversee all culinary operations for the hotel's wide-ranging dining experiences including The Restaurant, The Bar, The Café, and The Rooftop Grill, as well as private and in-room dining. "Michael is a wonderful addition to our team and an inspired leader in the kitchen," said Colm O'Callaghan, managing director of Montage Beverly Hills. "With his heart...

Hyatt Regency Aruba Resort Spa & Casino Names Gabriel Castrillon General Manager

Hyatt Regency Aruba Resort Spa & Casino | February 22, 2019

PALM BEACH, ARUBA (Feb. 22, 2018) – Hyatt Regency Aruba Resort Spa & Casino is pleased to announce the appointment of Gabriel Castrillon as general manager. A seasoned veteran of the Hyatt family, Castrillon brings more than 30 years of hospitality experience to the resort. In his new role, he will be responsible for leading all resort operations with a focus on service, guest relations, revenue and profits. He will also collaborate with local partners on initiatives that will further enhance the cultural experiences offered at the resort. "I am thrilled to be making 'One Happy Island' my home," said Castrillon. "The team at H...

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