Hotel news

• Virgin Hotels to check into Silicon Valley

  27-09-2016 15:04
  
  Virgin Hotels, Sir Richard Branson’s lifestyle hotel brand, will expand to the West Coast.        
  
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• Access Point Financial Closes on Acquisition of Two Controlling Tranches in Citibank's $631M CMBS Refi of Hotel Portfolio

  16-04-2024 20:27 via hotelnewsresource.com
  
  The portfolio is comprised of 53 limited and select service hotels, including 33 Marriott&branded and 20 Hilton&branded properties. The properties are located in 14 states, primarily in the Sunbelt region.
  
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• Days Inn by Wyndham Natchitoches in Natchitoches, LA Listed for Sale

  16-04-2024 20:27 via hotelnewsresource.com
  
  This hotel asset offers operational upside at an attractive cost, considered ideal for an experienced owner/operator.
  
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• Summer Travel Trends 2024: More Crowds and Expensive Airfare, Hotels & Seattle Times

  16-04-2024 20:27 via hotelnewsresource.com
  
  Summer travel in 2024 will be 'expensive in every way,' says Katharine Nohr. And she should know.
  
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• Podcast & April Hospitality Review: Challenges in Service & Delivery, IHTF 2024 and Booking.com's Cancelled Sustainability Programme

  16-04-2024 20:27 via hotelnewsresource.com
  
  In our April 2024 edition, we had the pleasure of hosting a panel of experts who shared their invaluable insights on the pressing issues facing our industry today. From sustainability to marketing strategies and the digital transformation of hotels, we covered it all. Let's dive into the key takeaways from this enlightening discussion.
  
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• U.S. Hotel Construction Activity Rose in March, First Increase in Nine Months

  16-04-2024 19:23 via hotelnewsresource.com
  
  The volume of U.S. hotel rooms under construction grew year over year for the first time since June 2023, according to CoStar’s March 2024 data.
  
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• 5&Star The Scotsman Hotel Opens in Niagara&on&the&Lake, Ontario, Canada

  16-04-2024 19:23 via hotelnewsresource.com
  
  The Scotsman Hotel, the newest addition to Niagara&on&the&Lakes's (NOTL) prestigious hospitality scene, announced its grand opening on February 16th, 2024.
  
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• 3 in 5 Younger Travelers Go the Extra Mile for Live Events

  16-04-2024 19:23 via hotelnewsresource.com
  
  New study shows Gen Z and Millennials are willing to travel the farthest and spend the most to attend destination events
  
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• Successful Service Branding: Lessons for Hospitality Managers

  16-04-2024 19:23 via hotelnewsresource.com
  
  We have long understood successful goods branding, but we have not studied how successful services branding differs from that of goods branding. This article attempts to fill that void by analyzing 11 years of data in an empirical study of goods and service brands to determine how service brands succeed.
  
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• Choice Hotels Unveils a Global Collaboration with Turkish Airlines Frequent Flyer Program

  16-04-2024 19:23 via hotelnewsresource.com
  
  Choice Privileges members can now convert their points into Miles&Smiles Miles, starting at a minimum of 5,000 points to 1,000 Miles.
  
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• On&the&Go and In&the&Know: Why Mobile Procure&to&Pay is the Key to Gaining a Competitive Advantage in Hospitality & By Johannes Vocke, CFO, FutureLog

  16-04-2024 19:23 via hotelnewsresource.com
  
  For many hotels, procurement advancements are being made possible through the use of e&procurement: Web&based solutions that facilitate end&to&end purchasing activities. Now that over half of workers globally use smartphones for business&related tasks, P2P software (also known as e&procurement) with mobile support offers even greater flexibility for hotels aiming to transform their processes digitally.
  
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• Pramod Lands End Resort in Gopalpur, Odisha, India Opens As Part of Radisson Individuals

  16-04-2024 19:23 via hotelnewsresource.com
  
  The 100&room, beachfront hotel features well&appointed suites and villas with private pool access. Guests can choose from multiple room categories, including superior room, deluxe room, family room, premium room, premium suite, royal suite, and grand royal villa.
  
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• Indian Hotels Company (IHCL) Signs a Taj Resort in Pushkar

  16-04-2024 19:23 via hotelnewsresource.com
  
  The 110&key resort is situated just minutes away from the sacred Pushkar Lake and the Brahma Temple.
  
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• Townplace Suites by Marriott Opens in Morrisville, North Carolina

  16-04-2024 19:22 via hotelnewsresource.com
  
  The new 112&suite hotel is built for travelers looking for a simple and friendly place where they can settle in, keep to their routines, and easily connect to Raleigh Durham International Airport and Raleigh's Research Triangle area
  
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• Paris Hotel Bookings Pacing Above 60% for Summer Olympic Period

  16-04-2024 17:58 via hotelnewsresource.com
  
  The 60% range for the event period (26 July & 11 August) is up from 50% three months ago. For context, the weeks leading up to the opening ceremony show occupancy on the books in just the 20% range.
  
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• On&demand Webinar: How to Master the Art of CRM&Driven Digital Marketing

  16-04-2024 17:58 via hotelnewsresource.com
  
  Unlock strategies to captivate guests, drive bookings, and cultivate enduring loyalty
  
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• Nobu Hotel and Restaurant Ho Chi Minh Announced As the 2nd Property for the Brand in Vietnam

  16-04-2024 17:58 via hotelnewsresource.com
  
  Positioned in the heart of Ho Chi Minh's historic District 1, Nobu Ho Chi Minh Hotel and Restaurant connects directly to prominent landmarks, shopping, dining and entertainment complexes of the city. The impressive 40&story mixed&use complex, currently under construction, will encompass Class A office space and the Nobu Hotel and Restaurant.
  
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• Anandes Mykonos Hotel Open June 2024 in Greece

  15-04-2024 20:39 via hotelnewsresource.com
  
  Tucked away within the heart of the iconic Mykonos Town, celebrated for its charming architecture, vibrant energy, and unique views, Anandes Hotel emerges as the latest independent luxury boutique hotel, set to open in June 2024.
  
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• Marriott International Accelerates Growth Across Europe With Nearly 100 Hotel Conversions and Adaptive Reuse Projects Expected B...

  15-04-2024 20:39 via hotelnewsresource.com
  
  From the International Hospitality Investment Forum in Berlin, Marriott International, Inc. today announced plans to add nearly 100 properties and over 12,000 rooms to its portfolio in Europe portfolio through hotel conversions and adaptive reuse projects, the conversion of existing buildings into a hotel, by the end of 2026.
  
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• Elevated Costs Meant Total Revenue Growth Failed to Translate into Profits & CBRE U.S. Hotels State of the Union April 2024 Edition

  15-04-2024 20:39 via hotelnewsresource.com
  
  January's total revenue growth of 3.0% failed to offset the 220&basis point contraction in margins, causing a 5.7% decrease in GOP dollars as labor costs from rising wages continued to pressure operating profit.
  
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• AHLA Rallies Industry in Support of Hotel Tax Relief

  15-04-2024 20:39 via hotelnewsresource.com
  
  Association leads Tax Day of Action advocacy push
  
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• New Study on Rural Tourism and Development in Europe

  15-04-2024 20:12 via hotelnewsresource.com
  
  UN Tourism has partnered with the European Committee of the Regions for a comprehensive study of the significant impact and potential of tourism in fostering socio&economic development in rural areas.
  
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• Nobu Announces Two Hotels for Bulgaria

  15-04-2024 20:12 via hotelnewsresource.com
  
  Nobu Hospitality announced the development of two properties in Bulgaria & Nobu Hotel and Restaurant Sofia and Nobu Hotel and Restaurant Varna.
  
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• Radisson Hotel Group Leads Growth in Q1 2024 with Focus on APAC and New Markets

  15-04-2024 20:12 via hotelnewsresource.com
  
  The Group's current portfolio consists of more than 1,340 properties in 95+ countries, including Radisson Blu, the largest upper upscale brand in Europe for the 12th consecutive year, and Radisson, the fastest growing upscale brand in the industry in EMEA and South East Asia.
  
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• Park Inn Cape Town Foreshore Rebrands to Radisson Hotel Cape Town Foreshore

  15-04-2024 20:12 via hotelnewsresource.com
  
  Located just minutes away from the International Convention Centre (CTICC) and the famous Victoria & Alfred Waterfront, Radisson Hotel Cape Town Foreshore marks the Group's third Radisson property in South Africa.
  
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• Unlocking AI in Hospitality for Small and Medium&Sized Enterprises: Q&A with Ian Millar

  15-04-2024 19:39 via hotelnewsresource.com
  
  Amidst the current discussions about AI's transformative potential, there's a common industry misconception that it primarily benefits large&scale hotels and enterprises, leaving smaller and medium&sized firms behind in the dark ages. To shed light on the nuanced reality, we sat down with EHL's Ian Millar, Senior Lecturer in Hospitality Technology, to discuss how AI is not just a tool for hospitality giants but can also be a game&changer for SME hotels and firms with an innovative mi
  
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• CRM for Hotels: 6 Benefits to Unlock Group Sales Success & By Elizabeth Smith

  15-04-2024 19:39 via hotelnewsresource.com
  
  In this article, we're focusing on the top reasons CRM functionality will allow your hotel to succeed and explore the advantages your hotel can gain by adopting a sales and catering software that incorporates integrated CRM features.
  
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• IHG Hotels & Resorts and NOVUM Hospitality Sign Agreement That Doubles IHG's Hotel Presence in Germany

  15-04-2024 19:07 via hotelnewsresource.com
  
  Launches Holiday Inn & the Niu Collaboration, and Debuts Garner and Candlewood Suites Brands
  
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• Wyndham Alltra Samana All Inclusive Resort Opens in the Dominican Republic

  15-04-2024 18:43 via hotelnewsresource.com
  
  Also announces plans to expand all&inclusive footprint with signing of new Wyndham Alltra Punta Cana
  
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• Partners Group Acquires a Strategic Minority Stake in Trinity to Support Its Future Growth

  15-04-2024 18:43 via hotelnewsresource.com
  
  Partners Group will initially target a U.S. $500 million investment with Trinity and will also have the opportunity to commit further capital to Trinity's North American, European, and special situations investment platforms.
  
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