LODGING Magazine: Recent Episodes
None
Official Publication of the American Hotel & Lodging Association. LODGING covers hotel and hospitality industry news, tips, and trends.
MYRTLE BEACH, South Carolina—Brittain Resorts & Hotels (BRH), in partnership with EOS Hospitality, invested over $58 million in renovations at three of its properties in Myrtle Beach, South Carolina: Caribbean Resort & Villas, Ocean Reef Resort, and Compass Cove Resort. “Myrtle Beach is rapidly transforming into a destination known for elevated and unforgettable experiences, and we are proud to be part of that evolution,” said Patrick Norton, chief marketing officer, Brittain Resorts & Hotels. “Our […]
The post Brittain Resorts & Hotels Invests in Renovations at Three Myrtle Beach Hotels appeared first on LODGING Magazine.
NEW YORK—Infor announced the release of its new revenue management solution (RMS) for the hospitality sector. The platform is designed to change how hotels and resorts optimize their pricing strategies and manage revenue in a complex, AI-driven market. Infor RMS leverages artificial intelligence and machine learning algorithms to provide hoteliers with control over their pricing and revenue optimization processes. The solution offers features aimed at updating decision-making capabilities, operations, and profitability on multiple revenue centers, […]
The post Infor Release Revenue Management Solution for Hospitality appeared first on LODGING Magazine.
CHICAGO, Illinois—Hyatt Hotels Corporation reported fourth quarter and full year 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO, Hyatt, said, “The purposeful evolution of our business model and strong brand focus has accelerated our network effect benefiting each of our stakeholders. Our fourth quarter results demonstrate the strength of our commercial offerings, as evidenced by the growth of the World of Hyatt loyalty program, which reached approximately 54 million members. Our operating results […]
The post Hyatt Hotels Corporation Reports Q4 and Full-Year 2024 Results appeared first on LODGING Magazine.
ARLINGTON, Virginia—The U.S. hotel industry reported negative year-over-year comparisons, according to CoStar’s latest data through Feb. 8, 2025. U.S. Hotel Performance February 2-8, 2025 Percentage change from comparable week in 2024 Occupancy: 55.9 percent (down .5 percent) ADR: $156.03 (down 2.2 percent) RevPAR: $87.22 (down 2.7 percent) Among the Top 25 Markets, New Orleans reported the largest increases in each of the three key performance metrics: occupancy (up 13.6 percent to 74.2 percent), ADR (up […]
The post CoStar: Super Bowl LIX Impacts Weekly Hotel Performance for New Orleans appeared first on LODGING Magazine.
Please submit nomination by 2/19/25
The post Women in Lodging Nomination appeared first on LODGING Magazine.
The robust growth momentum of the extended-stay segment over the last several years was reinforced by a wide range of hotel executives during the Extended Stay Lodging Association (ESLA) Development & Operations Workshop Series. Brand executives and owner/operators alike shared some key strategies and best practices within the segment as they attended ESLA’s inaugural event last month in Atlanta, Georgia. In a session entitled “Brand Selection, Chain Scale, and Operating Strategies,” panelists provided their perspective […]
The post ESLA’s Inaugural Event Does Deep Dive Into Extended-Stay Segment appeared first on LODGING Magazine.
CELEBRATION, Florida—Vision Hospitality Group announced the unveiling of The Inn at Celebration, which recently underwent a multimillion-dollar property renovation and joined the Autograph Collection Hotel Portfolio. “When we acquired this charming inn-style hotel in 2022, we recognized its hidden potential,” said Mitch Patel, founder and CEO, Vision Hospitality Group. “Our renovation preserved its classic architectural charm while enhancing the guest experience with modern amenities, sophisticated design, and full-service offerings.” Along Lake Rianhard in the town […]
The post The Inn at Celebration Completes Renovation appeared first on LODGING Magazine.
AUSTIN, Texas—Cendyn and Amadeus released metrics from the companies’ Hospitality Group and Business Performance Index. The Q4 2024 Index shows an overall health metric of 108.2 percent year-over-year, showing the highest overall index rating in four quarters. Top overall health index markets include: In addition, the top growth markets specific to group performance were Houston (124.0 percent), Tampa (119.8), New Orleans (114.1 percent), Chicago (114.0 percent), and Detroit (113.8 percent). The Index combines event data […]
The post Cendyn and Amadeus Index Shows Highest Overall Rating in Four Quarters appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months and year ended December 31, 2024. Highlights include: “We’re proud to report a very strong finish to 2024 with net rooms growth of 4 percent and comparable adjusted EBITDA growth of 7 percent. Our team’s focus on expanding into higher FeePAR markets, growing our extended-stay footprint, and unlocking new ancillary revenue streams underscore the diverse growth opportunities inherent in our asset-light, resilient business […]
The post Wyndham Hotels & Resorts Reports Q4 and Full-Year 2024 Results appeared first on LODGING Magazine.
Makeready announced the appointments of Edita Matic as vice president of revenue and digital strategy and Dan Paradiso as vice president of commercial strategy. The appointments follow the addition of Eric Gavin as president. Edwardian Hotels London announced the appointment of Declan Lott as vice president of sales of North America. Lott previously worked at the company for 30 years and played a role in growing its North American position. Kinseth Hospitality Company (KHC) announced […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
MCLEAN, Virginia—Tapestry Collection by Hilton ended 2024 with a milestone celebrating its 150th hotel opening. This was achieved through five first-in-country and territory debuts in Australia, Bonaire, Paraguay, Thailand, and the United Arab Emirates. These additions mark a new chapter for Tapestry Collection and its gathering of independent hotels, each offering guests an experience across 20 countries and territories. Continuing its momentum, Tapestry Collection has expanded its global footprint by 50 percent in two years, […]
The post Tapestry Collection by Hilton Celebrates 150 Open Hotels appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 23 new franchise agreements during the fourth quarter of 2024, representing growth at nine of the company’s 13 brands. “With 23 franchise agreements executed in Q4, Sonesta maintains strong momentum in expanding awareness and building valuable relationships with owners across the country,” said Keith Pierce, executive vice president and president of franchise and development, Sonesta. “Our commitment to a franchisee-friendly approach continues to drive growth and […]
The post Sonesta Signs 23 New Franchise Agreements Across Nine Brands appeared first on LODGING Magazine.
MIAMI, Florida—Driftwood Capital launched its new Driftwood Lifestyle & Luxury Division (DLLUX). A new platform encompassing management, investment, and development, DLLUX is led by the former CEO of Aspen Hospitality, Alinio Azevedo. At launch, DLLUX will assume oversight of 12 assets currently managed by Driftwood Hospitality Management, eight of which are also owned by Driftwood-sponsored funds. The launch of DLLUX is a move by Driftwood into the luxury, lifestyle, and branded residences sector, in which, […]
The post Driftwood Capital Launches New Lifestyle & Luxury Division appeared first on LODGING Magazine.
ATLANTA, Georgia—Crowne Plaza Hotels & Resorts, part of the IHG Hotels & Resorts portfolio, continued to roll out its hospitality vision through recent renovations across several hotels in the Americas. The latest projects align Crowne Plaza’s modernized offerings with guests’ emerging needs. Crowne Plaza’s New Modern design style establishes defined zones for productivity, restoration, and collaboration among its public and guest spaces. Updated guestrooms include furniture and amenities to ensure a smooth transition between work […]
The post Crowne Plaza Hotels & Resorts Renovates Several Hotels in the Americas appeared first on LODGING Magazine.
NEW YORK—Mint House announced its acquisition of Locale. The transaction consideration includes both cash and stock, and Mint House investors are supporting the deal through the investment of additional capital. “The alternative lodging sector is at an inflection point and as we kick off 2025 we see this as a timely and strategic opportunity to scale,” said Christian Lee, CEO, Mint House. “Locale shares Mint House’s focus on a premium hospitality offering in high-end multifamily […]
The post Mint House Acquires Locale appeared first on LODGING Magazine.
Marriott International, Inc. reported fourth-quarter and full-year 2024 results. Highlights include: Anthony Capuano, president and CEO, said, “Marriott achieved excellent results in 2024, as we delivered best-in-class experiences that helped drive strong demand for our industry-leading portfolio of brands. Full-year global RevPAR rose 4.3 percent and, with record gross room additions of over 123,000, net rooms grew 6.8 percent to over 1.7 million rooms worldwide at year-end. “In the fourth quarter, worldwide RevPAR rose 5 […]
The post Marriott International Reports Q4 and Full-Year 2024 Results appeared first on LODGING Magazine.
DENVER, Colorado—Sage Hospitality Group welcomed Hyatt Centric Fisherman’s Wharf San Francisco Hotel to its growing portfolio. This is the second collaboration with Park Hotels & Resorts, following the addition of Hilton Denver City Center last December. This adds to Sage’s presence in the Bay Area, with Hyatt Centric Fisherman’s Wharf joining four independent lifestyle hotels in San Francisco and properties in Sonoma and Napa Valley. “We are honored to expand our partnership with Park Hotels […]
The post Sage Hospitality Adds Hyatt Centric Fisherman’s Wharf to Portfolio appeared first on LODGING Magazine.
A clear sign of the inroads AI is making into the hospitality industry, the Otonomus Hotel is set to open in Las Vegas, Nevada, in March. Otonomus—a company that integrates AI with real estate and property management—will exhibit its flagship property at CES 2025 as “the first AI-powered hotel.” The Otonomus Hotel will leverage the company’s FIRO, a management dashboard and AI-powered booking engine that optimizes operations through dynamic room allocations and pricing to maximize […]
The post Sign of the Times: ‘AI-Powered Hotel’ Debuts This Spring appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Signature Inn Berkeley, a 29-room, upper-economy property located in Berkeley, California. The hotel is near attractions in Berkeley, San Francisco, and Oakland, including the University of California, Berkeley, Cesar Chavez Park, the beaches and marinas of San Francisco Bay, Claremont Canyon Preserve, and Siesta Valley Recreation Area. “Sonesta’s addition of the Signature Inn Berkeley marks the first opening for this brand in 2025,” said Keith Pierce, […]
The post Signature Inn Berkeley Opens appeared first on LODGING Magazine.
ATLANTA—Peachtree Group deployed $1.6 billion in credit transactions in 2024, marking a 54 percent increase from 2023. This growth shows Peachtree’s reach in private credit lending and its ability to provide financing solutions across multiple property types, including hospitality, multifamily, industrial, and specialty assets. Founded in 2007, Peachtree has evolved into a vertically integrated investment firm, growing its ability to source, underwrite, and manage assets. Since 2010, it has played a role in expanding private […]
The post Peachtree Group Increases Credit Transaction Volume appeared first on LODGING Magazine.
ATLANTA, Georgia—Officials of Access Point Financial (APF) announced the company was involved in more than $2 billion in hotel financing in 2024, a record year for the company. The transactions were a combination of approximately $0.5 billion in direct bridge and mezzanine loan commitments, as well as participating in $1.6 billion of SASB hotel originations via the purchases of HRR/G/H and bond classes for hotel-specific CMBS refinancings. “2024 has been a transformational year for us, […]
The post Access Point Financial Completes Record Year in Hotel Financing appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported negative year-over-year comparisons during the holiday week, according to CoStar’s latest data through Dec. 28, 2024. U.S. Hotel Performance December 22-28, 2024 Percentage change from comparable week in 2023 Occupancy: 47.7 percent (down 4.9 percent) ADR: $160.96 (down 1.7 percent) RevPAR: $76.83 (down 6.5 percent) Among the Top 25 Markets, Tampa reported the only double-digit increases in occupancy (up 16.3 percent to 74.0 percent) and RevPAR (up 22.6 percent to […]
The post CoStar: U.S. Hotel Industry Closes December With Negative Yearly Comparisons appeared first on LODGING Magazine.
FOSTER CITY, California—Marriott International, Inc. announced the 147-room Courtyard by Marriott San Mateo Foster City has completed renovations to its guestrooms, meeting rooms, public spaces, and fitness center. The newly refreshed hotel is owned by Clarion Partners and managed by Marriott International, Inc. of Bethesda, Maryland. The renovation includes updated guestrooms with new furniture, fixtures, and soft goods, updated public areas including meeting rooms, a refurbished Bistro, and a new fitness center. Courtyard by Marriott […]
The post Courtyard by Marriott San Mateo Foster City Completes Renovation appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Simply Suites Houston Brookhollow, an 85-room hotel near the Downtown Aquarium, NRG Park, and the Museum District. “We are excited to continue expanding our Simply Suites brand with the opening of Sonesta Simply Suites Houston Brookhollow,” said Keith Pierce, Sonesta’s executive vice president and president of franchise and development. “Sonesta’s franchising capabilities operate under a fast, friendly, and flexible model that allows our team to […]
The post Sonesta Simply Suites Brand Expands in Houston appeared first on LODGING Magazine.
Ambitious climate and decarbonization efforts have heightened the demand for electrified and energy-efficient buildings. Regulatory frameworks are evolving from simple incentives to stringent compliance measures. Recently, states and cities have enacted building performance standards (BPS) that mandate energy performance and emissions reductions, as well as implementing benchmarking and transparency policies. As a result, real estate operators must meet these standards to mitigate financial risks associated with non-compliance, further motivating them to enhance performance. Simultaneously, utilities […]
The post Reining in Utility Expenses: Sustainability Practices Help Hoteliers Protect Their Bottom Line appeared first on LODGING Magazine.
A 150-unit, five-floor, all-suites property in Parsippany, New Jersey, has been converted by NewcrestImage and is operating under the Homewood Suites by Hilton brand. The company acquired the hotel in June 2022 under the Sonesta ES Suites brand. “We don’t just see properties as they are but rather as what they can be,” said Mehul Patel, managing partner and CEO of NewcrestImage. “This hotel, with its strategic location along Interstate 80 between New York and […]
The post NewcrestImage Converts New Jersey Hotel to Homewood Suites Brand appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported positive year-over-year performance comparisons, according to CoStar’s latest data through Dec. 21, 2024. Growth was elevated due to the Hannukah calendar shift and the compressed business travel period between Thanksgiving and Christmas. As expected, actual levels were significantly lower than the prior week because of the seasonal slowdown. U.S Hotel Performance December 15-21, 2024 Percentage change from comparable week in 2023 Occupancy: 48.9 percent (up 11.4 percent) ADR: $135.79 (up […]
The post CoStar: December U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons appeared first on LODGING Magazine.
MIAMI, Florida—Driftwood Capital has secured $62.5 million in total refinancing for the Wylie Hotel Atlanta and Sheraton Pittsburgh Hotel at Station Square, two full-service hospitality assets in the central business districts of Atlanta, Georgia, and Pittsburgh, Pennsylvania. Funds managed by affiliates of Fortress Investment Group have provided a 36-month, $28.5 million loan at a competitive interest rate to refinance the Wylie Hotel Atlanta. “Driftwood Acquisition Partners (DAP) acquired the independent Wylie Hotel in 2021. Following […]
The post Driftwood Capital Secures Refinancing for Two Hotels appeared first on LODGING Magazine.
KALISPELL, Montana—The Hotel Group, an affiliate of Hotel Equities, and TE Miller Development, LLC, announced the topping-off milestone for the Home2 Suites by Hilton Kalispell, Montana. This construction milestone marks the completion of the building’s framework for the 107-room extended-stay property, slated to open in late spring 2025. “It’s always exciting to see a project come to life, and this milestone is a testament to the hard work and collaboration of our team and partners,” […]
The post Home2 Suites by Hilton Kalispell Celebrates Topping-Off Milestone appeared first on LODGING Magazine.
For Sonesta International Hotels Corporation, 2024 has been a year of significant progress, ranging from robust distribution growth throughout its multi-brand portfolio to the debut of a unified loyalty program to encompass all its brands. The driving force behind the aforementioned areas of progress, as well as its overall atypical approach to franchising, has been John Murray, Sonesta’s president and CEO. Murray spent more than two decades with Services Properties Trust (SVC), previously Hospitality Properties […]
The post Atypical Approach: CEO Murray Sets Up Sonesta for Growth With Unique Franchising Formula appeared first on LODGING Magazine.
ALPHARETTA, Georgia—In celebration of National Career Development Month in November, Atrium Hospitality announced the graduation of the inaugural class of WomenRISE, the company’s female hotel general manager development program. WomenRISE kicked off in February 2024 and wrapped up in October of this year. Work is underway to select the next group of future GMs for career development in 2025. Atrium Hospitality is committed to its female hospitality leaders through the WomenRISE program. This initiative supports […]
The post Atrium Hospitality Shares Graduates of Inaugural WomenRISE Class appeared first on LODGING Magazine.
DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a .5 percent increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2 percent in August. This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […]
The post CBRE: U.S. Hotel Performance Expected to Accelerate at Year End appeared first on LODGING Magazine.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. continued growth in the upscale segment with three new Cambria Hotel openings and two groundbreakings this fall. The recently opened properties, located in Imperial, California; Pigeon Forge, Tennessee; and Spokane, Washington, and upcoming groundbreakings in O’Fallon, Missouri and Bend, Oregon, introduce Cambria into new markets. With these latest openings, Choice has introduced 18 new Cambria properties in the last two years, including those in downtown Denver, Colorado; Rehoboth Beach, […]
The post Choice Hotels Details Cambria Brand Growth With Three Openings appeared first on LODGING Magazine.
WASHINGTON—As projected for election week, the U.S. hotel industry reported negative year-over-year performance comparisons, according to CoStar’s latest data through Nov. 9, 2024. U.S. Hotel PerformanceNovember 3-9, 2024Percentage change from comparable week in 2023:Occupancy: 62.6 percent (down 3.5 percent)ADR: $156.11 (down 0.1 percent)RevPAR: $97.73 (down 3.5 percent) Among the Top 25 Markets, Las Vegas saw the largest increases across each of the three key performance metrics: occupancy (up 6.8 percent to 85.4 percent), ADR (up […]
The post CoStar: U.S. Hotel Industry Reports Negative Year-Over-Year Performance appeared first on LODGING Magazine.
DALLAS, Texas—SiteMinder has released its Changing Traveler Report 2025, which reported that 37 percent of U.S. travelers plan to book their 2025 stays directly, either via a hotel’s website (23.5 percent) or by contacting the property by phone or email (13 percent). This figure exceeds the global average of 27 percent, and rises to 57 percent among those over the age of 60. The report, based on a survey of over 12,000 respondents across 14 […]
The post SiteMinder: U.S. Travelers Prefer Direct Booking for 2025 Hotel Stays appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts has teamed up with investment firm Lafayette Square to provide diverse hoteliers with improved access to capital. Through this relationship, Wyndham will vet and connect qualified owners with Lafayette Square, which aims to help hoteliers with up to $100 million in combined financing from the firm over the coming years. While not all hoteliers will qualify, viable candidates can use the funds to move forward projects that would otherwise […]
The post Wyndham Hotels & Resorts Partners With Lafayette Square appeared first on LODGING Magazine.
AUSTIN, Texas—Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus presented the metrics from the companies’ Hospitality Group and Business Performance Index. For the third quarter of 2024, the Index shows an overall health metric of 107.9 percent year-over-year (YOY), showing the highest overall index rating in four quarters. All of the top 25 markets except San Francisco achieved an Index score over 100 percent, with Houston and Philadelphia reaching the highest scores for […]
The post Cendyn and Amadeus Index Reports Highest Rating in Four Quarters appeared first on LODGING Magazine.
BETHESDA, Maryland—AC Hotels by Marriott announced a new Cava sparkling wine program available for purchase at select properties in the United States and Canada. Served at the AC Lounge bar, the new bubbly offering allows guests to craft their own beverages or opt for curated Cava cocktails, prepared by a bartender. In response to guests’ requests for more personalized experiences and the growing popularity of sparkling wine cocktails, AC Hotels by Marriott has curated this […]
The post AC Hotels by Marriott Shares Cava Sparkling Wine Program appeared first on LODGING Magazine.
Arlo Hotels announced the appointment of Jimmy Suh as the company president, effective immediately. Read more. Rentyl Resorts named Michael Trampas executive vice president of business development and marketing. Trampas was previously executive vice president of Sobel Westex and has also worked for JC Penny and VCNY Home, among other companies. Rosewood Washington, D.C. announced the appointment of Tony Mosca as managing director. With over 20 years of experience in the hospitality industry. Mosca will oversee operations […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
NEW YORK, New York—Arlo Hotels announced the appointment of Jimmy Suh as the company president, effective immediately. Suh steps into this position with over 20 years of leadership experience in the hospitality industry. His career has been marked by executive roles at lifestyle hotel brands, including Kimpton, Loews, and The Standard hotels, where he formed brand marketing, revenue, and guest experience strategies. In July 2021, Suh joined Arlo Hotels as its chief commercial officer, responsible […]
The post Arlo Hotels Appoints Jimmy Suh as President appeared first on LODGING Magazine.
NEW YORK—Viceroy announced the first phase of a transformative global brand relaunch, which aims to position the company as an authority in travel committed to delivering guest experiences. In the coming months, Viceroy will have innovations across food, beverage, and wellness offerings. The core of Viceroy’s brand evolution is a focus on storytelling. Every stay will have experiences and multi-sensory moments that immerse guests in the culture of each destination. This approach offers guests the […]
The post Viceroy Shares First Phase of Global Brand Relaunch appeared first on LODGING Magazine.
FORT LAUDERDALE, Florida—The 79-room Fairfield Inn and Suites Bay City Texas has joined Dimension Hospitality‘s portfolio of managed hotels. The hotel has a heated outdoor pool, complimentary breakfast and WiFi, and a lobby space for gathering with friends and associates. “The hotel’s owner is a new Marriott franchise, who wanted a company with expertise managing Marriott branded hotels, and Fairfield Inn and Suites in particular,” said Joe Viglietta, chief operating officer, Dimension Hospitality. “Dimension Hospitality […]
The post Fairfield Inn and Suites Bay City Texas Joins Dimension Hospitality’s Managed Portfolio appeared first on LODGING Magazine.
Hotel Investor Apps (HIA) announced it entered a strategic partnership with Tascoli. Together, they will bring HIA’s advanced ERP solution to hotel owners and managers in the U.K. market. Through this partnership, HIA and Tascoli aim to give hotel ownership and management companies across the United Kingdom an ERP solution designed to address the challenges and requirements of hospitality financial management. HIA offers a back-office solution with accounting capabilities, real-time hotel intelligence tools, automated workflows, […]
The post Hotel Investor Apps Enters Partnership With Tascoli appeared first on LODGING Magazine.
WASHINGTON—Fifty-two percent of U.S. travelers are planning overnight trips for leisure in the next four months, and hotels remain the top lodging choice for both leisure (45 percent) and business travelers (59 percent), according to a new survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. Sixty-six percent of U.S. travelers are more likely (25 percent ) or equally as likely (41 percent ) to stay in a hotel […]
The post AHLA: Hotels Remain Top Lodging Choice for Leisure and Business Travelers appeared first on LODGING Magazine.
With both fraudsters and guests engaging in bad behavior, chargebacks are becoming all too common for hotels—to the point where many merchants have given up the fight in combatting them. But now more than ever, hoteliers have the tools to protect and earn back revenue, and it starts with proactive preparation. Missteps can affect a merchant’s bottom line, but easy changes can have a significant impact. The Risks of Card Key-Entering Manually entering card details […]
The post Best Practices to Reduce Hotel Chargeback Disputes appeared first on LODGING Magazine.
While “big box” hotels and major resorts often employ dedicated security personnel, the staff budget for smaller properties typically does not allow for those roles, especially with the rising wages brought about by the labor shortage. Thus, building a “security culture” among all onsite staff is even more critical at smaller hotels. Advocating this method is Klaudio Simic, vice president of operations for Practice Hospitality. “Given their size, our hotels typically do not have a […]
The post Team Effort: A Holistic Approach to Security for Smaller Properties appeared first on LODGING Magazine.
Amadeus reported Q3 2024 financial results. Highlights for the nine months ended September 30, 2024, (relative to the prior year) include: In the first nine months of 2024, Amadeus grew with profitability, delivering expanding EBITDA and operating income margins. Group revenue increased by 12.6 percent, EBITDA grew 13.3 percent, operating income increased by 16.9 percent, and adjusted profit expanded by 17.4 percent, relative to the prior year. This financial performance over the first nine months […]
The post Amadeus Reports Q3 2024 Financial Results appeared first on LODGING Magazine.
NEW YORK—Mesa West Capital has provided a joint venture led by Regent Partners (Regent) and Mariner Group (Mariner) with $50 million in short-term first mortgage debt to refinance Thompson Savannah, a 193-key luxury hotel in Savannah, Georgia. The five-year, non-recourse financing takes out the original construction loan on the hotel, a boutique lifestyle brand of Hyatt Hotels developed by joint venture partners Regent, Mariner, and Cadre and opened in August 2021. The hotel sits on […]
The post Mesa West Capital Provides Loan to Refinance Thompson Savannah appeared first on LODGING Magazine.
RENO-SPARKS, Nevada, and FRISCO, Texas—Galaxy Hotels Group announced the opening of the company’s newly built Courtyard by Marriott Reno Sparks in northern Nevada. Offering 127 rooms/suites, the four-story Courtyard by Marriott Reno Sparks is located near the Tahoe Reno Industrial Center (TRI Center). Frisco, Texas-based Galaxy Hotels Group, also known as Galaxy Management, is an approved Marriott International franchisee, hotel developer, and management company. Galaxy operates hotels across nine U.S. states, representing well-known brands. According […]
The post Courtyard by Marriott Reno Sparks Opens appeared first on LODGING Magazine.
DALLAS, Texas—The commercial real estate lending market experienced continued improvement in the third quarter of 2024, marked by an increase in acquisition financing and issuance across all asset classes, including large office transactions, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the United States, rose by 13 percent from Q2 2024 and 15 percent year-over-year, reflecting improved lending activity. The index […]
The post CBRE: Commercial Real Estate Lending Improved in Q3 2024 appeared first on LODGING Magazine.
Housekeeping Management Platform In September, Actabl launched Alice Housekeeping Refresh, which empowers teams to automate routine processes and manage assignments, providing clear visibility into daily priorities and progress. Refresh’s suite of enhancements includes Advanced Auto-Assign, Credit Rules, Room Attendant Daily Summary, Guest Preferences & Ticket Automation, and Do Not Disturb by Automation. actabl.com Lost & Found Service ileftmystuff offers a streamlined solution that helps hoteliers meet expectations and mitigate risk when guests leave personal items […]
The post 5 Products to Enhance Operations and Guest Offerings appeared first on LODGING Magazine.
Year to date, U.S. hotel performance has come in a bit weaker than projected with demand almost flat (+.1 percent) and RevPAR growth at +1.1 percent. With modest supply growth pushing occupancy comparisons to negative territory (–.5 percent), there has been less opportunity to drive total revenues as total revenue per available room (TRevPAR) is down .3 percent. After three consecutive months of slower labor growth, labor costs are back on the rise with a […]
The post Profitability Pressures: Lower F&B Margins Emphasize the Need for Creativity appeared first on LODGING Magazine.
AVON, Colorado—The Westin Riverfront Resort & Spa Avon, Vail Valley shared that it has completed a room refresh. The hotel has revamped each guestroom with modern furniture along with artwork, lighting, flooring, bathroom vanities, mirrors, and more. The property is home to 230 guest residences ranging from Studio Suites to three-bedroom condos, all with a kitchen, five-piece bathroom, and gas fireplace. The resort donated the previous room furnishings to Habitat for Humanity Vail Valley and […]
The post Westin Riverfront Resort & Spa Avon, Vail Valley Completes Room Refresh appeared first on LODGING Magazine.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. announced the relaunch of Radisson Individuals in the Americas region as an upper-upscale soft brand focused on full-service, boutique, and independent hotels that stand apart for their local character and guest service. This latest investment in the Radisson Hotels Americas brands since their acquisition in 2022 builds on Choice’s position in the soft brand segment and grows its portfolio with an offering that serves travelers who value an immersive […]
The post Choice Hotels Reintroduces Radisson Individuals in the Americas appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced growth in its select service pipeline, with an around 25 percent increase in the Americas over the past three years. As of June 30, 2024, this segment represents over 50 percent of Hyatt’s total pipeline in the Americas. Complementing growth in lifestyle, luxury, and all-inclusive, Hyatt’s select-service portfolio remains a driver for market expansion and generating awareness and enrollment in World of Hyatt. “Across our select service brands, we are strategically […]
The post Hyatt Grows Select-Service Pipeline by 25 Percent in the Americas appeared first on LODGING Magazine.
SAN DIEGO, California—Azul Hospitality Group announced that the Woodlark Hotel has officially joined its portfolio of hospitality assets. The Woodlark Hotel integrates two historic Portland buildings: the Woodlark Building, constructed in 1912, and the Cornelius Hotel, built in 1908. This combination of history and design reflects the city’s spirit. “We are thrilled to expand our hospitality footprint into Portland as this market continues to grow,” said Alvaro Fraile, CEO of Azul Hospitality. “This is the […]
The post Azul Hospitality Group Adds the Woodlark Hotel to Its Portfolio appeared first on LODGING Magazine.
ROCHESTER, New York—Essex Hotel Management, LLC, announced the completion of a $1.8 million renovation of the Hampton Inn & Suites Lake Placid. The hotel is owned by The Hotel at Mirror Lake, LLC, and opened in 2013. The 97 guestrooms, common areas, indoor pool area, and exercise facilities were all refreshed, including upgrades to the carpet, artwork, soft seating, and televisions. Case goods, appliances, and window treatments were similarly updated throughout the hotel. ACC Design, […]
The post Hampton Inn & Suites Lake Placid Completes Renovation appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Sept. 28, 2024. U.S. Hotel PerformanceSeptember 22-28, 2024 Percentage change from comparable week in 2023:Occupancy: 68.4 percent (up 2.6 percent)ADR: $170.24 (up 7.5 percent)RevPAR: $116.50 (up 10.2 percent) Among the Top 25 Markets, New York City saw the highest year-over-year increases in each of the key performance metrics: occupancy (up 11.4 percent to 93.2 percent), ADR (up 52.8 percent to $523.69) […]
The post CoStar: U.S. Hotel Industry Sees Positive Year-Over-Year Weekly Comparisons appeared first on LODGING Magazine.
Charlotte, North Carolina—Extended Stay America announced the opening of the 45th Extended Stay America Premier Suites located in Pueblo, Colorado. Developed by BEP Pueblo Hospitality LLC, constructed by Integrated Hospitality Construction LLC, and managed by Aimbridge Hospitality, this new property will add to the extended-stay experience in the region. The four-story, 124-room, newly constructed Extended Stay America Premier Suites – Pueblo offers amenities to meet the needs of today’s travelers, including WiFi, breakfast, cable, a […]
The post Extended Stay America Premier Suites – Pueblo Opens appeared first on LODGING Magazine.
BETHESDA, Maryland—Stayntouch announced a new partnership with Cobblestone Hotels, which has over 160 properties across 29 states. Stayntouch deployed its cloud-based PMS across Cobblestone’s portfolio by leveraging advanced automation technology. Founded in 2008, Cobblestone Hotels focuses on providing upper-midscale hotel accommodations to smaller communities. By partnering with Stayntouch, Cobblestone Hotels have: Josie Kilgore, brand president of Cobblestone Hotels, said, “We chose Stayntouch for their outstanding customer support and dedicated team members, who remain consistently available—a […]
The post Stayntouch Deploys Cloud-Based PMS Throughout Cobblestone Hotels’ Portfolio appeared first on LODGING Magazine.
WASHINGTON—After New York City Councilwoman Julie Menin shared a new version of her hotel licensing bill with industry stakeholders, hotel industry leaders released the following statements: “While we appreciate the Councilwoman’s willingness to listen to industry feedback and work toward more sensible outcomes for New York City’s hotels, the new version of the legislation still contains language that will cause significant economic harm—primarily to small, family-owned hotels and the largely immigrant and minority-owned businesses that […]
The post AHLA Continues to Oppose NYC Hotel Licensing Bill appeared first on LODGING Magazine.
Venus Group Inc. announced Errol David, vice president of operations, will retire at the end of 2024 after 40 years in the industry. Cecilia Henson will succeed David as the next vice president of operations. The American Hotel & Lodging Association announced it hired Steven Okuley as its new senior vice president for conferences and events. Okuley was previously director of B2B customer engagement and communication for American Airlines. JLL’s Hotels & Hospitality Group announced […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Incorporating a theme of ‘Elevate,’ Red Roof hosted its 2024 Brand Conference emphasizing its new prototype, a pair of recent partnerships, and some key personnel additions as initiatives designed to help the 51-year-old company reach new heights. Having recently reached the 700-hotel milestone as a company throughout its four brands, Red Roof President Zack Gharib linked the new prototype for its venerable Red Roof flag with the conference theme during a media Q&A session. “The […]
The post Red Roof Looks to Reach New Heights With Redesigned Prototype, Partnerships appeared first on LODGING Magazine.
PLANO, Texas—Aimbridge Hospitality strengthened its technology stack with a newly developed proprietary data reporting platform, Aimbridge Intelligence, built to provide transparency and collaboration with owners. Housed in OwnView, a portal available to Aimbridge owners, Aimbridge Intelligence creates opportunities for owners with access to information, including performance data intended to offer flexibility and self-service capabilities to complement the work of property support teams. “We are constantly striving to be the most trusted hotel operator in the […]
The post Aimbridge Intelligence Becomes Company’s Proprietary Data Reporting Platform appeared first on LODGING Magazine.
COLUMBUS, Ohio—Red Roof shared a blueprint for continued growth at its brand conference for more than 1,000 franchisees, team members, and partners. Red Roof President Zack Gharib laid out a concrete path forward to elevate the brand. In his address to the Red Roof franchise community, Gharib told conference attendees, “We are an iconic American brand, and we are living the American dream.” He outlined a plan for the company to drive growth and accelerate […]
The post Red Roof Shares Plans for Company Elevation at Brand Conference appeared first on LODGING Magazine.
AUSTIN, Texas—Cendyn has acquired Knowland in a strategic acquisition that presents an opportunity to enhance sales prospecting by yielding greater bookings in the MICE (meetings, incentives, conferences, and events) space. Knowland’s platform includes market intelligence data on meetings and events gathered from over 7,500 hotels across the United States and a handful of international markets. Knowland’s products connect hoteliers with market insights to drive revenue, accelerate the sales cycle, and optimize processes to achieve group […]
The post Cendyn Acquires Knowland, Aims to Yield More MICE Bookings appeared first on LODGING Magazine.
PHOENIX, Arizona—BWH Hotels announced the appointment of Bill Ryan as its senior vice president and chief technology officer. Reporting to Larry Cuculic, president and CEO of BWH Hotels, Ryan will oversee the technology management team and guide the brand’s overarching digital strategy. “Bill is an innovative and inspiring technology leader with a track record of building strong relationships and growing brand capabilities,” said Cuculic. “His appointment as senior vice president and chief technology officer underscores […]
The post BWH Hotels Appoints Bill Ryan as SVP and Chief Technology Officer appeared first on LODGING Magazine.
In the dynamic world of the hospitality industry, where customer satisfaction reigns supreme, every detail counts. From the moment a guest steps foot into a hotel lobby to the final farewell at check-out, every interaction and service provided must be seamless and efficient. In this digital age, where technology is deeply integrated into every aspect of our lives, device monitoring emerges as a crucial tool for maintaining the highest standards of operational efficiency, sustainability, and […]
The post Enhancing Hospitality Excellence: The Vital Role of Device Monitoring appeared first on LODGING Magazine.
MCLEAN, Virginia—Although 2024 was dubbed the “Year of the Great Recharge,” where sleep retreats made headlines, mindful drinking rose in popularity and wellness-themed guestrooms took off. As the post-pandemic leisure travel boom normalizes, travelers surveyed in Hilton’s annual Trends Report are looking to pair their desire to relax and recharge with high-impact adventures and experiences to maximize their time and financial investment. “Our 2025 Trends Report uncovers what has been simmering for years—the intersection of […]
The post Hilton’s Annual Trends Report Finds Travelers Will Want High-Impact Experiences in 2025 appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Rapid City. The 200-room, upper-midscale property offers proximity to explore Mount Rushmore National Memorial, Custer State Park, the Crazy Horse Memorial, The Badlands National Park, and Black Hills National Forest. “We are excited for the opening of Sonesta Essential Rapid City, which represents a milestone in the growth of our newest brand,” said Keith Pierce, Sonesta’s EVP and president franchise and development. “Since its […]
The post Sonesta Essential Rapid City Opens appeared first on LODGING Magazine.
COLORADO SPRINGS, Colorado—Sage Hospitality Group and Norwood Development Group have submitted a preliminary proposal to build a new Catbird Hotel in downtown Colorado Springs, at the corner of East Moreno Avenue and South Cascade Avenue. The proposal envisions a new full-service, independent, extended-stay hotel, which will include 180 rooms, dining, and meeting spaces. The hotel is the second in the Catbird brand, joining Catbird Hotel, Denver, which opened in 2021 in the RiNo neighborhood. The […]
The post Sage Hospitality Group Plans Catbird Hotel, Colorado Springs appeared first on LODGING Magazine.
ATLANTA—Peachtree Group announced that Brent LeBlanc is now leading its business development efforts across its investment platforms. In his new role as executive vice president, business development, Brent will support Peachtree’s efforts to grow and expand its vertically integrated investment platforms. His responsibilities will include focusing on cross-marketing strategies, fostering business development, and collaborating with the investment teams to capture new opportunities. With roughly 30 years of hospitality real estate experience, LeBlanc has launched hotel […]
The post Peachtree Group Names Brent LeBlanc EVP, Business Development appeared first on LODGING Magazine.
The pandemic effectively increased sanitization awareness in the hospitality industry, with guests becoming more attuned to antivirus, antimicrobial, and hypoallergenic treatments and features in their lodging spaces. One example is air filtration. “People always knew that better air quality must be better for you, but they didn’t really understand filtration. And now, since COVID, they understand the importance of that more,” observed Haley Payne, head of commercial, Pure Wellness. The company offers hotel air purifiers […]
The post 4 Advances in Sanitization Treatments and Technologies appeared first on LODGING Magazine.
NORWALK, Connecticut—HEI Hotels & Resorts added Beacon Hotel & Corporate Quarters to its growing portfolio of luxury, upper-upscale, and upscale independent and branded hotels and resorts throughout the United States. Its portfolio now numbers more than 100 total properties. Located in Washington, D.C., the hotel is near the White House and within walking distance of 38 million square feet of commercial office real estate, Embassy Row, and the National Mall. The Beacon Hotel has 199 […]
The post HEI Hotels & Resorts Adds Beacon Hotel & Corporate Quarters to Portfolio appeared first on LODGING Magazine.
NASHVILLE, Tennessee—The Sheraton Grand Nashville Downtown, owned by Dreamscape Companies and Centerbridge Partners, announced the completion of a comprehensive property renovation. The project marks the beginning of the property’s next chapter as part of Sheraton Hotels’ transformation of its guest experience. Managed by Aimbridge Hospitality, Sheraton Grand Nashville Downtown serves as a community hub for guests and locals. The Sheraton Grand Nashville Downtown offers 494 guestrooms and suites. As part of the Sheraton Hotels’ global […]
The post Sheraton Grand Nashville Downtown Completes Property-Wide Renovation appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported positive year-over-year comparisons, according to CoStar’s latest data through Sept. 21, 2024. U.S. Hotel PerformanceSeptember 15-21, 2024 Percentage change from comparable week in 2023:Occupancy: 68.9 percent (up 0.5 percent)ADR: $168.80 (up 2.0 percent)RevPAR: $116.22 (up 2.5 percent) Among the Top 25 Markets, Houston saw the highest year-over-year lift in occupancy (up 10.7 percent to 69.0 percent). Driven by Dreamforce 2024, San Francisco reported the largest increases in ADR (up 60.9 […]
The post CoStar: U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons appeared first on LODGING Magazine.
Since its global launch in Milan in 2014, Moxy Hotels, a part of Marriott Bonvoy’s portfolio of over 30 brands, has provided experiences for the next generation of travelers with its industrial design, social spaces, and programming. As part of its 10th anniversary, the brand shared plans to reach the 100-hotel mark in its Europe region by the end of 2025, with the anticipated addition of 17 hotels, including market entries into Spain, Turkey, and […]
The post Moxy Hotels Hits 10-Year Milestone, Plans 100 Hotels in Europe by 2026 appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Rewards added the title Proud Hotel Rewards Partner of Penn State Athletics through a multi-year sponsorship with Penn State Sports Enterprises, an entity of Playfly Sports. Penn State has 31 athletics programs and an alumni association of 775,000—one of the largest in the United States. Through the partnership, Wyndham Rewards members get access to ticket packages for football and men’s basketball, redeemable with Wyndham Rewards points starting at 35,000 points. There will […]
The post Wyndham Rewards Signs Multiyear Sponsorship With Penn State Sports Enterprises appeared first on LODGING Magazine.
BETHESDA, Maryland—District Hospitality Partners announced the acquisition of the Hilton Washington DC/Rockville Hotel and Executive Meeting Center. This full-service property adds to the firm’s growing national portfolio of upscale hotels. The 315-room property backs up to the Twinbrook Metro station, offering access to downtown Washington D.C., Capital One Arena, Union Station D.C., and the D.C. airports. The hotel also sits at the confluence of demand generators for its rooms and meeting space that include federal […]
The post District Hospitality Partners Acquires Hilton Washington DC/Rockville Hotel and Executive Meeting Center appeared first on LODGING Magazine.
Terranea Resort announced the appointment of William Dvoranchik as vice president of finance. In this role, Dvoranchik will oversee all financial operations, including strategic planning, budgeting, forecasting, and financial reporting. Hotel Heron announced the appointment of Liz Martinez as general manager of KLN, the property’s restaurant. In her new role, Martinez will oversee all aspects of KLN’s guest service and dining operations. The Ritz-Carlton Residences, Waikiki Beach announced the appointment of Mike Kass as general […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
GREENVILLE, South Carolina—Windsor Aughtry Company has selected Hospitality America to manage the Hotel Avail, Tapestry Collection by Hilton in Rogers, Arkansas. Scheduled to open in the second quarter of 2025, the 170-room hotel will have a rooftop restaurant (Oak Steakhouse concept by Indigo Road Hospitality), café and lobby bar, meeting space, and fitness center. This deal marks the 16th Windsor Aughtry development project for Hospitality America, expanding the third-party management company’s portfolio in Northern Arkansas […]
The post Hospitality America to Manage Hotel Avail, Tapestry Collection by Hilton appeared first on LODGING Magazine.
TAMPA, Florida—Berkadia announced the sale of the Chase Suite Hotel, a 160-key extended-stay hotel on a 4.58-acre site in Tampa, Florida. Senior Managing Director Matt Mitchell, Director Chris Burtner, and Associate Director Kyle Sahlsten of Berkadia Central & North Florida led the transaction on behalf of the seller, an affiliate of Hardage Hospitality. The property sold for an undisclosed price. Berkadia marketed the 1986 vintage all-suite hotel property as a potential redevelopment opportunity. “Chase Suite […]
The post Berkadia Announces Sale of Chase Suite Hotel appeared first on LODGING Magazine.
Like retail, office space, and other real estate sectors, the hotel industry must prioritize pest control. Moreover, hotels with onsite kitchens incur the infestation risks of the restaurant industry. Certain challenges in this area, however, are particular to hoteliers. For one, the “constant flow of traffic—guests coming and going from all over, many of whom took various forms of transportation to their destination—can lead to an increased risk of pest exposure, especially bed bugs,” observed […]
The post Evolving Solutions: Progress in Pest Control Science Favors Hoteliers appeared first on LODGING Magazine.
SCOTTSDALE, Arizona—The Phoenician, A Luxury Collection Resort, located in Scottsdale, Arizona, announced the completion of its Phase Two meeting and event space renovation. Complementing Phase One in 2023 which included the Camelback Ballroom, first-floor breakout rooms, and public foyer spaces, these enhancements redefined several spaces within the resort with modern fixtures and custom design elements. This milestone marks the continuation of the resort’s commitment to upgrading its event facilities and offering experiences for its guests. […]
The post The Phoenician Completes Phase Two Meeting and Event Space Renovation appeared first on LODGING Magazine.
PHILADELPHIA, Pennsylvania—Extreme Hospitality announced the appointment of John A. Rubino as CEO. John Rubino, a co-founder of Extreme Hospitality, brings over 30 years of experience in the hotel industry to his new role where he will oversee the company’s strategic direction. John Rubino’s background in hospitality spans hotel operations, asset management, and corporate leadership. His addition to Extreme strengthens a team knowledgeable in hospitality real estate finance, commercial strategy, and business analytics. Throughout his career, […]
The post Extreme Hospitality Names John A. Rubino CEO appeared first on LODGING Magazine.
MCLEAN, Virginia—Just over two years after opening its 7,000th hotel, Hilton now has more than 8,000 hotels operating globally. Following a series of additions to its portfolio, including NoMad, Graduate Hotels, Small Luxury Hotels of the World, and Autocamp, Hilton has grown the company’s global network. “This has been a significant year for Hilton’s development, marked by strategic partnerships and acquisitions, and continued organic growth from our existing brands,” said Kevin Jacobs, chief financial officer […]
The post Hilton Celebrates Operation of Over 8,000 Global Hotels appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced the opening of Hyatt Place Rouen, expanding the Hyatt Place brand’s global footprint. The hotel has a modern design, atmosphere, and amenities such as three meeting rooms, a restaurant with French regional cuisine, an onsite spa with a heated pool and treatment rooms, and a fitness center. Hyatt Place Rouen is situated in Rouen, near sites such as the Musee des Beaux-Arts de Rouen and the Gothic Cathedrale Notre-Dame de Rouen, […]
The post Hyatt Place Rouen Opens appeared first on LODGING Magazine.
Over the past decade, the room inventory of U.S. hotel chains has grown more rapidly than that of independent hotels. Current trends indicate this growth will continue as 80.7 percent of rooms currently under construction represent chains. In 2010, hotel chains accounted for 68 percent of the total U.S. room supply. Today, chains comprise 73 percent of the nation’s total. Currently, there are 760,000 hotel rooms in various stages of planning, final planning, or construction, […]
The post Inside the Current Pipeline: Chains Represent 80 Percent of U.S. Hotel Construction appeared first on LODGING Magazine.
WASHINGTON—Hotel industry groups—including the American Hotel & Lodging Association (AHLA), the Asian American Hotel Owners Association (AAHOA), the National Association of Black Hotel Owners, Operators & Developers (NABHOOD), and the Latino Hotel Association—will recognize National Hotel Employee Day throughout the weekend along with hoteliers across the country. AHLA and the National Day Calendar established National Hotel Employee Day in 2022 to honor the nearly two million employees who work in the U.S. hotel industry. It […]
The post AHLA: Industry Groups Celebrate National Hotel Employee Day appeared first on LODGING Magazine.
MALDIVES—IHG Hotels & Resorts announced a partnership with Roxy-Pacific Holdings Pte Ltd to introduce its Vignette Collection brand to the Maldives. The conversion deal will see Noku Maldives, Vignette Collection, a 50-key villa resort on the island of Kudafunafaru, join IHG’s Luxury & Lifestyle portfolio in December 2024 after refurbishment under the Vignette Collection brand. Chris Anklin, senior director, development, South East Asia and Korea, IHG Hotels & Resorts said, “We’re proud that our first […]
The post IHG Hotels & Resorts Introduces Vignette Collection to the Maldives appeared first on LODGING Magazine.
ABERDEEN, South Dakota—My Place Hotels of America has opened My Place Hotel-Randolph, Vermont. It is the first My Place property to open in Vermont and the 74th open and operating My Place property in the United States. My Place Hotel-Randolph, Vermont, is owned by Randolph Hospitality LLC and was developed by Realty Development Services LLC. The hotel is managed by Cornerstone Hospitality, which additionally manages two other My Place properties. The 64-key My Place Hotel-Randolph, […]
The post My Place Hotel-Randolph, Vermont, Opens appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported positive comparisons year over year, according to CoStar’s latest data through Aug. 24, 2024. U.S. Hotel PerformanceAugust 18-24, 2024 Percentage change from comparable week in 2023:Occupancy: 66.1 percent (up 1.7 percent)ADR: $154.80 (up 2.7 percent)RevPAR: $102.30 (up 4.5 percent) Among the Top 25 Markets, Houston saw the highest year-over-year occupancy lift (up 31.7 percent to 76.1 percent). Driven by the Democratic National Convention, Chicago posted the largest increases in ADR […]
The post CoStar: U.S. Hotel Industry Reports Positive Year-Over-Year Comparisons appeared first on LODGING Magazine.
Lark Hotels founder Robert Blood wears many hats now. In addition to serving as president of the boutique hotel brand and management company he founded in 2012, he’s principal of the design firm Elder & Ash and partner at Lark Capital, which is an investment and development affiliate. In describing his unlikely journey from English major to hotelier, Blood said he himself is proof of the concept that the “right mindset” is the most important […]
The post Pleasure to Serve: Rob Blood of Lark Hotels on Hospitality as a Lifestyle as Well as a Career appeared first on LODGING Magazine.
BETHESDA, Maryland—Curator Hotel & Resort Collection announced a strategic partnership with PressReader, a digital newsstand, to offer hotel guests access to thousands of newspapers and magazines worldwide. “Curator member hotels and resorts that are already working with PressReader today have been able to provide their guests with unlimited access to popular publications and news during their stay,” said Brent Hayhurst, vice president of program development for Curator Hotel & Resort Collection. “In addition to guest […]
The post Curator Hotel & Resort Collection Partners With PressReader appeared first on LODGING Magazine.
BOULDER, Colorado—Frasca Hospitality Group and Four Seasons Resort and Residences Vail announced a new partnership to open Tavernetta Vail in winter 2024. “Four Seasons shares our commitment to hospitality excellence, and we are confident in the alignment of our organizations to deliver an unmatched culinary experience to this world-class resort and year-round destination,” says Bobby Stuckey, co-founder, Frasca Hospitality Group and Master Sommelier. “We look forward to working with the Four Seasons Vail team to […]
The post Tavernetta Vail to Open at Four Seasons Resort Vail in Winter 2024 appeared first on LODGING Magazine.
TAMPA, Florida—Red Roof opened the HomeTowne Studios Tampa – Airport. Developed in conjunction with owner and operator Dhruv Management, the newly built hotel adds 124 extended-stay suites to the area and is designed for long-term visitors. The HomeTowne Studios Tampa – Airport offers amenities, such as modern kitchenettes with refrigerators, microwaves, stove tops, sinks, and dining space; Serta beds; HD flat-screen TVs; WiFi; guest laundry; an exercise room; a marketplace; a business center; and coffee […]
The post HomeTowne Studios Tampa – Airport Opens appeared first on LODGING Magazine.
Cloudbeds announced Linda Vallner as vice president for Europe, the Middle East, and Africa. Prior to joining Cloudbeds, Vallner served as chief operating officer at dailypoint, where she oversaw commercial and operational activities. Hard Rock Hotel San Diego announced the appointment of Matt Greene as managing director. Greene is returning to the Hard Rock team, where he previously served as general manager from 2008 to 2011. Andaz Maui at Wailea Resort announced the appointment of […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. announced three new Everhome Suites breaking ground in San Antonio, Texas; Bowling Green, Kentucky; and Wichita, Kansas. All three were developed in collaboration with Highside Companies. These groundbreakings, along with eight others earlier this year, demonstrate extended-stay demand, which is currently double the supply. In total, Choice Hotels has four Everhome Suites open, 65 in the pipeline, over 20 under construction, and more than 15 expected to open within […]
The post Choice Hotels Breaks Ground on Three Everhome Suites appeared first on LODGING Magazine.
CHICAGO, Illinois—Hyatt Hotels Corporation announced the planned acquisition of the brands and most of the affiliates of lifestyle company Standard International, the parent company of The Standard and Bunkhouse Hotels brands. This move builds on Hyatt’s organic growth and acquisitions that quintupled the number of lifestyle rooms in Hyatt’s global portfolio between 2017 and 2023. The transaction is anticipated to close later this year, subject to customary closing conditions. With this transaction, Hyatt will form […]
The post Hyatt Shares Plans to Acquire Standard International appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta announced a new incentive program that provides a 2 percent incentive to franchisees who use Sonesta’s procurement program for purchasing needs. This initiative offers financial benefits to owners and underscores Sonesta’s commitment to transparency and franchise relationships. Owners will receive the 2 percent incentive based on their spending with Sonesta-contracted suppliers under both the Avendra program and other Sonesta-negotiated contracts. This incentive will be paid quarterly as a credit on franchise fee statements. […]
The post Sonesta Introduces Incentives for Franchisees Using Procurement Program appeared first on LODGING Magazine.
COLUMBUS, Ohio—Owner and developer Rockbridge announced the acquisition of the 200-room Hyatt House Chicago West Loop/Fulton Market. The Hyatt House hotel is located near Chicago’s downtown West Loop and Fulton Market, a hub for corporate campuses including McDonald’s global headquarters as well entertainment, restaurants, and nightlife. The hotel is for both business and leisure guests who are visiting the city and seeking to experience the culture and features that define Chicago. Fulton Market has grown […]
The post Rockbridge Acquires Hyatt House Chicago West Loop/Fulton Market appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced it has been selected to manage two properties in Augusta, Georgia. The Residence Inn by Marriott Augusta and the SpringHill Suites by Marriott Augusta are both owned by PeachState Hospitality. “Our ongoing partnership with TPG continues to allow us to remain an active investor in the hospitality space through our development platform,” said Ricky Raman, chief operating officer, PeachState Hospitality. “We are extremely impressed with TPG’s operating expertise […]
The post TPG Hotels & Resorts Adds Two Augusta, Georgia, Hotels to Managed Portfolio appeared first on LODGING Magazine.
The hospitality industry has seen a significant increase in outsourcing labor and part-time staff. As a result, many outsourced staff, temporary, or part-time employees may not be looking their best in company-issued garments upon their first day and therefore not feeling like they are a part of the team. JW Marriott Nashville recognized these challenges within its housekeeping department, which operates with a significant amount of outsourced labor. They sought a modern way of preparing […]
The post Cintas Offers a Highly Efficient Garment-Dispensing Solution appeared first on LODGING Magazine.
Located on the scenic Hammock Coast, the historic city of Georgetown is home to a new boutique property, The George Hotel. Housed in the former Georgetown Times building, the property represents a couple of “firsts”: the first hotel to open and operate on the city’s historic Front Street in more than 50 years, as well as The Indigo Road’s first property to open in the company’s home state of South Carolina. The George accentuates the […]
The post Coastal Views and a Historic Perspective appeared first on LODGING Magazine.
Marriott International, Inc. announced a long-term licensing agreement with Sonder Holdings Inc., which is expected to add over 9,000 rooms to Marriott’s portfolio by year-end and approximately 1,500 rooms to its pipeline. Under this agreement, Sonder’s open and pipeline portfolio, which primarily consists of apartment-style accommodations in urban markets, is expected to be added to the Marriott system under a new collection called “Sonder by Marriott Bonvoy.” With over 9,000 rooms expected to be added […]
The post Marriott Forms Long-Term Licensing Agreement With Sonder appeared first on LODGING Magazine.
NORWALK, Connecticut—Shatterproof announced its 2025 Shatterproof Hospitality Heroes honoree, Amanda Hite. Hite is the president of STR, a CoStar Group company, and is being recognized for her courage and commitment to raising awareness of substance use disorders and ending addiction stigma. She will be honored during the eighth annual Hospitality Heroes Reception, which will be held during the Americas Lodging Investment Summit (ALIS) on January 29, 2025. The event will also raise funds to support […]
The post Amanda Hite Named 2025 Shatterproof Hospitality Heroes Honoree appeared first on LODGING Magazine.
CHICAGO, Illinois—Hyatt Hotels Corporation announced that an affiliate of Hyatt has completed the sale of the 1,641-room Hyatt Regency Orlando and adjacent 45 acres of land to affiliates of RIDA Development Corporation and an Ares Management Real Estate fund for approximately $1.07 billion while retaining a long-term management agreement under the Hyatt Regency brand. In connection with the transaction, Hyatt retained $265 million of non-controlling preferred equity and provided an additional $50 million of seller […]
The post Hyatt Completes Sale of Hyatt Regency Orlando appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association (AHLA) Interim President and CEO Kevin Carey released the following statement after the General Services Administration (GSA) announced its fiscal year 2025 per diem rates for federal workers. GSA’s per diem guidelines govern reimbursement for federal employees’ lodging and meal expenses for official government travel. Starting October 1, 2024, the standard daily lodging allowance for most of the continental United States will increase by $3 to $110 per day, an […]
The post AHLA Releases Statement About GSA Fiscal Year 2025 Per Diem Rates appeared first on LODGING Magazine.
Bed bugs can be a nightmare for the hospitality industry, leading to unhappy guests, potential health issues, and negative business reviews possibly resulting in lost revenue. Bed bugs will live anywhere and can easily hitchhike their way into your building on the clothing and personal items of guests and staff alike. If you do find yourself with a bed bug infestation, preparing for a bed bug service is crucial to help ensure the treatment is […]
The post 6 Essential Tips to Prepare Guestrooms for Bed Bug Service appeared first on LODGING Magazine.
COCOA BEACH, Florida—Driftwood Hospitality Management (DHM) announced the completion of a multimillion-dollar renovation for the Hilton Cocoa Beach Oceanfront, a 295-key flagship property on Florida’s Space Coast. The renovations, encompassing seven floors and more than 10,000 square feet of meeting space, draw inspiration from Cocoa Beach’s nature and surf culture. The property includes a refreshed lobby with ocean-inspired artwork and newly renovated guestrooms featuring blue tones and local surfing photography. “Our goal was to create […]
The post Hilton Cocoa Beach Oceanfront Completes Renovation appeared first on LODGING Magazine.
DALLAS, Texas—CBRE is reducing its forecast for U.S. hotel performance this year as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit growth. CBRE now projects a 1.2 percent increase in revenue per available room (RevPAR) growth for 2024, down from the 2.0 percent estimated in May 2024. Nevertheless, CBRE anticipates 2 percent year-over-year growth in RevPAR in the second half of 2024, up from 0.5 percent year-over-year growth in the first […]
The post CBRE Reduces U.S. Hotel Performance Forecast, Lodging Demand Softens appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported positive comparisons year over year for the second week in a row, according to CoStar’s latest data through August 10, 2024. U.S. Hotel PerformanceAugust 4-10, 2024 Percentage change from comparable week in 2023:Occupancy: 68.7 percent (up 0.5 percent)ADR: $159.49 (up 1.4 percent)RevPAR: $109.51 (up 1.9 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 31.1 percent to 76.3 percent) and RevPAR (up 47.2 percent […]
The post CoStar: U.S. Hotel Industry Continues Positive Performance appeared first on LODGING Magazine.
ATLANTA, Georgia, and BETHEDSA, Maryland—Otelier announced a new integration with Stayntouch for hoteliers to access reservation, guest, and financial transaction data from Stayntouch into IntelliSight, Otelier’s business intelligence software. Integrating with Stayntouch PMS allows Otelier to aggregate property-level data to give companies the insights and efficiencies they need to get back to delivering hospitality. In IntelliSight, Stayntouch customers can normalize data from systems across their property and portfolio, providing leadership across all departments with the […]
The post Otelier and Stayntouch Announce New Integration appeared first on LODGING Magazine.
NEW YORK, New York, and ATLANTA, Georgia—M3, LLC announced it has signed a definitive agreement for a majority investment from Blackstone Growth and affiliated funds. The investment will help to accelerate the company’s growth by enhancing new product expansion and supporting the adoption of M3’s software. AAHOA, representing nearly 20,000 hotel owners and 60 percent of hotels across the United States, will make its first strategic investment alongside Blackstone. Founded in 1998 by John McKibbon […]
The post Blackstone Acquires Majority Stake in M3 in Partnership With AAHOA appeared first on LODGING Magazine.
In June, the Fairmont Grand Del Mar unveiled its reimagined lobby lounge, library, and bar, designed in partnership with Los Angeles-based design firm Bishop Pass. The spaces allude to opulent Italian palazzos, featuring new neo-baroque and rococo detailed furnishings, and to the local setting. “We were very much inspired by the existing architecture of the Grand Del Mar and its location in Los Peñasquitos Canyon Preserve as well as the great palaces and villas of […]
The post Italian Inspirations in a SoCal Setting appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland and Amadeus presented metrics from the companies’ Hospitality Group and Business Performance Index. For the second quarter of 2024, the Index shows overall health of 105.5 percent year-over-year (YOY.) This is the first time the overall Index has exceeded 100 percent, reflecting continued industry health across all reported indices. In addition, 22 of the top 25 U.S. markets have achieved 100 percent or more in overall performance compared to the same time in […]
The post Knowland and Amadeus Present Q2 2024 Industry Performance Data appeared first on LODGING Magazine.
SINGAPORE—Wyndham Hotels & Resorts introduced its Trademark Collection brand to South Korea with the opening of La Vie D’or Hotel and Resort, Trademark Collection by Wyndham. The new hotel grows the company’s presence in South Korea to over 30 hotels and joins nearly 20 Trademark hotels across Asia Pacific. La Vie D’or Hotel and Resort is located in the transportation hub of Hwaseong-si. The resort includes a nine-hole course, fine dining, and proximity to attractions […]
The post La Vie D’or Hotel and Resort, Trademark Collection by Wyndham Opens appeared first on LODGING Magazine.
Patrick Short has been named chief operating officer of Aperture Hotels. Read more. Access Point Financial announced the appointment of Daniel Zagoria as managing director, business development. Zagoria will concentrate on growing the company’s capabilities as a capital service provider. The Davenport Hotel Collection welcomed Melissa Green as vice president and area managing director, overseeing the collection’s five hotels in the Pacific Northwest. Green will lead community relations and operations. La Fonda Hospitality Group announced […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
SALT LAKE CITY, Utah—DoubleTree Suites by Hilton Salt Lake City Downtown announced the completion of a renovation including a redesign of the central atrium, lobby, guestrooms, food and beverage concepts, fitness center, and indoor pool. The hotel is managed by HRI Hospitality, and the renovation design was led by Studio 11. “We are thrilled to unveil a reimagined property to our guests that showcases the vibrant beauty of the city,” said Joe Snarr, area vice […]
The post DoubleTree Suites by Hilton Salt Lake City Downtown Completes Renovation appeared first on LODGING Magazine.
I own a small independent hotel and am exploring branding options to help increase visibility in our popular metropolitan area. Would you recommend becoming a soft brand? Exploring branding options is a crucial step for your independent hotel. Soft brands offer a unique blend of independence and brand recognition. Backed by major chains, soft brands allow hotels to retain their unique identity while benefiting from the parent company’s marketing, reservation systems, and loyalty programs. This […]
The post Ask Anthony: Independent Hotels Joining Soft Brands appeared first on LODGING Magazine.
PHOENIX, Arizona—Aligned Hospitality Management has completed a rebrand of The Tuxon in Tuscon, Arizona, formerly a Design Hotels property, into a voco by IHG. Now known as voco The Tuxon, this hotel is the first voco in Aligned’s portfolio. The brand transition took 90 days. The voco flag was chosen to grow the hotel’s performance by attracting business travelers as the Tucson market has a solid corporate contribution. The 112-key voco The Tuxon is located […]
The post Exclusive: Aligned Hospitality Rebrands The Tuxon Into a voco by IHG Hotel appeared first on LODGING Magazine.
Graduate by Hilton announced the opening of Graduate Princeton. Located on Nassau Street in downtown directly opposite campus, Graduate Princeton has 180 guestrooms and a signature restaurant, Ye Tavern. Paying homage to the town’s history, architecture, and design, the opening marks the first new hotel to open in Princeton in nearly 90 years—and only the second hotel in its downtown, nearly doubling the number of available hotel rooms in town. “When we started Graduate ten […]
The post Graduate by Hilton Opens in Princeton, New Jersey appeared first on LODGING Magazine.
Mews and Duetto have exceeded 600 joint hotel customers, driving revenue growth for hoteliers globally. The integration between Mews and Duetto enables customers to price room rates based on demand, occupancy levels, competitor rates, and other factors. The partnership began in 2017 and today combines to service properties of all sizes—the smallest of which has only three rooms, the largest has over 800—in 29 countries. Properties that use Mews and Duetto in combination see an […]
The post Mews and Duetto Surpass 600 Joint Hotel Customers appeared first on LODGING Magazine.
The starting point for sustainability in the hotel industry is the goals set by owners, brands, and management companies. The objectives can be fairly specific, such as reducing waste or energy consumption by a certain percentage within a certain timeframe, shifting to eco-friendly housekeeping products, or meeting the requirements of a program such as LEED or Green Key. But when it comes to the vendor partnerships that will achieve those goals, there are many options […]
The post Sourcing for Sustainability: The ROI Justifies Staying Abreast of a Rapidly Evolving Marketplace appeared first on LODGING Magazine.
ATLANTA, Georgia—Officials of Aperture Hotels announced that Patrick Short has been named chief operating operator. In his new role, Short will provide cross-disciplinary leadership and direct operational execution and commercial strategy for Aperture’s portfolio of 27 managed hotels. “With more than thirty years of hospitality operations experience, Patrick is the perfect fit for Aperture’s growing portfolio to continue improving operations performance metrics across the board,” said Charles Oswald, president and CEO, Aperture Hotels. “From Wischermann […]
The post Aperture Hotels Names Patrick Short Chief Operating Officer appeared first on LODGING Magazine.
LONDON—Hilton announced plans to open three new hotels in Portugal in 2025 and 2026 under three brands—Canopy by Hilton, Tapestry Collection by Hilton, and DoubleTree by Hilton—as part of the company’s plans to continue expanding its presence in the country. Patrick Fitzgibbon, senior vice president, development EMEA, Hilton said, “Last year tourist numbers soared to record highs in Portugal and with demand expected to continue, it’s an incredibly attractive hotel investment market. We’re thrilled to […]
The post Hilton Plans Three Hotels to Open in 2025-26 in Portugal appeared first on LODGING Magazine.
WASHINGTON—Green Key Global announced its first-ever slate of board members and the appointment of Heather McCrory, a hospitality expert with 40 years of experience in the industry, as chair. McCrory recently served as CEO of Accor’s North American and Central American operations and currently advises the hospitality industry as principal of Heather J. McCrory & Associates. She joins other hospitality professionals who will guide Green Key Global, which is jointly operated by the American Hotel […]
The post Green Key Global Names First Board Members and Chair appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Augusta on Washington Road in Augusta, Georgia. The recently renovated 57-room hotel is joining the growing portfolio of Sonesta Essential. “We are excited to expand our portfolio with the addition of the Sonesta Essential Augusta,” said Keith Pierce, EVP and president franchise and development, Sonesta. “This new addition, which had a soft launch earlier this year, provides a new upper-midscale hotel option for visitors […]
The post Sonesta Essential Augusta Opens appeared first on LODGING Magazine.
LODGING brings you the second installment of our three-part Ownership Series, providing owner perspectives on various hot topics and industry trends. For this installment, Amit Patel, managing partner for Rama Papermill Hotels, discusses his experience as a franchisor and his company’s conversion and renovation of the Extended Stay America Suites in Bristol, Virginia. The third article in this series, which will appear in the coming months, will detail more insights from the owner’s perspective. Hoteliers with […]
The post Hands-On Service Helps Drive Performance for Franchise Owners appeared first on LODGING Magazine.
Strive to offer guests the same entertainment experience they enjoy at home. Fill out the form below to see how. By clicking “Submit,” I acknowledge and agree to the use of my contact information to receive messages about offerings from LODGING Media, its brands, affiliates and/or third-party partners, consistent with LODGING Media’s Privacy Policy. The Sponsors may contact me directly about industry news, products, services and events that may be of interest to me, subject […]
The post Five Questions Hoteliers Should Ask About In-Room Entertainment appeared first on LODGING Magazine.
Hotel housekeeping managers need to deliver exceptional turnkey service for guests who expect fresh and thoroughly cleaned rooms when they arrive to take well-deserved rests after long journeys. Hotel housekeeping departments have many daily tasks to accomplish, which need organized, efficient, and dedicated staff so rooms turn over quickly for occupancy by the next guests day in and day out. Yet, housekeeping managers face many challenges, such as high turnover, recruiting, training, and retention of […]
The post 3 Ways Key Control Keeps Hotel Housekeeping Departments Running Efficiently appeared first on LODGING Magazine.
With an overarching goal of “building on the consumerization of IT,” Wyndham Hotels & Resorts recently tapped company veteran Scott Strickland as its new chief commercial officer, forging a unified commercial strategy designed to bring all 25 of its brands together. In his previous role as chief information officer, Strickland managed and deployed the company’s $275 million investment in technology, digital, and franchisee opt-in services over the course of the past five years. Promoted to […]
The post Getting an Upgrade: Wyndham Taps Strickland as Chief Commercial Officer to Help Usher in New Tech Era appeared first on LODGING Magazine.
DENVER, Colorado—Sage Hospitality Group announced that Hotel Teatro has joined the Sage Independent Hotel Collection. Sage has been retained by RLJ Lodging Trust to oversee management and operations for the property and its dining outlets, The Nickel and The Study. Hotel Teatro is known for its restored historic façade, service, and central location across from the Denver Center for Performing Arts. The hotel will be joining a group of independent hotels in Sage’s Denver portfolio, including […]
The post Hotel Teatro Joins the Sage Independent Hotel Collection appeared first on LODGING Magazine.
LONDON—IHG Hotels & Resorts announced a multi-year partnership with global NGO Action Against Hunger in support of its work to combat food insecurity and hunger for millions of people around the world. It’s estimated that one in three people globally are uncertain where their next meal is coming from, due to poverty, conflict, inefficient food systems, and climate change. Through thousands of hotels in communities across more than 100 countries, IHG has long supported efforts […]
The post IHG Partners With NGO Action Against Hunger to Combat Food Insecurity appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association Interim President and CEO Kevin Carey issued the following statement after the release of a revised bill that would impose new measures against hotels in New York City: “The city council’s discussions regarding the Hotel Safety Act continue to exclude those who will be most affected by the legislation—hotel owners, management companies, sub-contractors, and tens of thousands of hotel workers. It is imperative that all stakeholders have a real seat […]
The post AHLA Issues Statement Following Release of NYC Revised Bill appeared first on LODGING Magazine.
In the rapidly evolving landscape of the hospitality industry, businesses continuously strive for innovation to enhance operational efficiencies, customer satisfaction, and ESG goals. Procell InSite emerges as a pioneering solution, integrating cutting-edge technology to meet these demands. This comprehensive system offers a seamless approach to managing operational tasks, promoting environmental sustainability, and elevating the guest experience, making it a game-changer for hotels, resorts, entertainment venues, and other hospitality enterprises. Procell InSite is a new disruptive […]
The post Updating Efficiencies: Integrating Strategies to Innovate in the Evolving Hospitality Landscape appeared first on LODGING Magazine.
GERMANTOWN, Tennessee—McNeill Hotel Company announced the opening of the TownePlace Suites by Marriott Memphis Germantown, a new addition to the Thornwood mixed-use development. McNeill Hotel Company President Travis Murray made the announcement. The grand opening celebration is scheduled for early Fall. The five-story, 111-room TownePlace Suites Memphis Germantown’s amenities include a restaurant and rooftop bar which will open soon, a fitness center, an indoor pool, and 6,000 square feet of ground floor retail. The property […]
The post TownePlace Suites by Marriott Memphis Germantown Opens appeared first on LODGING Magazine.
In 2023, U.S. hotels saw their operating efficiency decline as operating expenses increased at a pace greater than revenue growth, resulting in a decline in profit margins. With forecasts of moderate revenue gains for the next few years, hotel owners and operators are very focused on controlling costs. Proper use of technology can enhance the productivity of employees, replace rudimentary manual functions, and improve the guest experience. The day-to-day operating costs associated with technology are […]
The post Taking Stock in Technology: Assessing the Digital Infrastructure of Your Hotels appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced the launch of a user-friendly navigation infrastructure within its platform. This update gives customers an intuitive way to access features and functionality. The horizontal navigation bar, with clear icons and descriptions, lets users access actionable insights and drive sales performance. The enhancements to the navigation infrastructure represent a step forward in Knowland’s ongoing commitment to provide user experiences. This launch previews the updated user platform currently in development, which will deliver efficiency […]
The post Knowland Platform Launches User-Focused Navigation Infrastructure appeared first on LODGING Magazine.
NEWTON, Massachusettes—Sonesta International Hotels Corporation announced that it added 23 franchised hotels to the company’s global portfolio during the first six months of 2024. The new hotels, with a total of more than 2,000 rooms, include (in order of opening): “The successful addition of 23 new franchised hotels in just six months is a testament to our commitment to growth and excellence across our diverse brand portfolio,” said Keith Pierce, Sonesta’s executive vice president and […]
The post Sonesta Adds 23 Franchised Hotels to Its Global Portfolio appeared first on LODGING Magazine.
Washington, D.C.—Frontier Development & Hospitality Group LLC and its joint venture partner Basis Investment Group (BIG) announced the acquisition of the Cambria Washington DC, Downtown/Convention Center, a 182-key hotel. The hotel has joined Hyatt’s portfolio as Hyatt Washington DC/Convention Center and participates in Hyatt’s loyalty program, World of Hyatt. The hotel has also commenced a comprehensive property-wide renovation, and upon completing the renovation, slated for summer 2025, it will convert to the Hyatt House brand. […]
The post Frontier and BIG Acquire and Convert Downtown Washington, D.C. Hotel appeared first on LODGING Magazine.
When it comes to design and functionality, few industries highlight the balance between aesthetics and features as clearly as hospitality. For every element in a hotel—décor, service, theming, amenities, and more—hoteliers have keen eyes for detail. But are they overlooking a critical piece in their rooms? What about the TV—the biggest screen in the room? By incorporating attractive and efficient TV customization technologies, hotels can significantly boost guest satisfaction and increase revenue. A hotel’s technology […]
The post 3 Customization Features That Can Increase Revenue for Hotels appeared first on LODGING Magazine.
Pebblebrook Hotel Trust reported Q2 2024 results. Highlights include: Hotel Operating Trends Portfolio Updates & Capital Repositioning 2024 Outlook “Second quarter demand was in line with our expectations, with healthy business group, transient and leisure boosting the urban markets, and strong weekday and weekend demand positively affecting our resort portfolio. Our recently redeveloped and repositioned properties—Estancia La Jolla Hotel & Spa, Skamania Lodge, Hilton Gaslamp San Diego Quarter, Margaritaville San Diego Gaslamp Quarter, and Newport […]
The post Pebblebrook Hotel Trust Reports Q2 2024 Results appeared first on LODGING Magazine.
With the hospitality industry’s ongoing move to facilitate the guest journey through digitization and self-service, it’s natural that hoteliers should consider leveraging biometrics for check in/check out, including payment of the final bill. But the last few years have mainly seen elevated interest in this technology with relatively little adoption, according to Terry Schulenburg, VP, business development, CyberLink. “Until now, there haven’t been suitable solutions for [hoteliers] to deploy; so, it has been mostly learning […]
The post The New Face of Hospitality: Facial Recognition Set to Further Streamline the Guest Experience appeared first on LODGING Magazine.
LOS ANGELES, California—Situated along the Venice Beach Boardwalk, Hotel Erwin, a family-owned establishment for nearly 50 years, debuted the transformation of its High Rooftop Lounge. The rooftop space has undergone a décor refresh in partnership with designer Tara Bean; a reorganization of the rooftop atmosphere and service to create a more elevated lounge experience; and the debut of a new, reimaged food and beverage program by Consultant Christian Krasteff. “We are thrilled to welcome locals, […]
The post Hotel Erwin Updates and Reorganizes High Rooftop Lounge appeared first on LODGING Magazine.
InterContinental Hotels & Resorts, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, announced that InterContinental Bellevue at the Avenue is open. This 208-room hotel, situated within the Avenue Bellevue complex developed by Fortress Development, marks the brand’s debut in the Pacific Northwest. General Manager Haje Roger Thurau, a 30-year international hospitality veteran, stated, “We welcome guests with extraordinary amenities and contemporary comforts, reflecting Bellevue’s unique charm and the brand’s legacy of luxury.” The […]
The post InterContinental Bellevue at the Avenue Opens as Brand’s First in the Pacific Northwest appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association Interim President and CEO Kevin Carey released the following statement after the New York City Council postponed a planned July 30 hearing on a bill that would harm the city’s nearly 700 hotels and their roughly 265,000 employees. “Over the last ten days, NYC’s hotel industry and the tourism economy have rallied to speak with one voice and resoundingly make clear that the Hotel Licensing bill introduced in the City […]
The post AHLA Releases Statement on Postponed Hearing for NYC Hotel Licensing Bill appeared first on LODGING Magazine.
Group business is top of mind for hoteliers in 2024, with research finding that hoteliers are prioritizing ways to strengthen customer relationships, improve outreach with new and repeat business, and plan and execute events more effectively. With this research, Amadeus developed an enhanced Delphi solution. Designed to support teams from sales lead to execution, Delphi has been updated to better meet the needs of any hotel. Whether a small property with limited resources, a full-service […]
The post Amadeus Debuts Delphi Direct Online Booking Platform appeared first on LODGING Magazine.
MEDIA, Ohio—The groundbreaking ceremony for The Legacy Hotel in Medina, Ohio, will be held on the hotel’s site and attended by local and state officials, project partners, and community members on July 26, 2024. Jason Stevenson, the project’s developer, said, “We are excited to bring The Legacy Hotel to Medina, creating a space that honors the rich history of this area while providing modern amenities and services. We take great pride in partnering with local […]
The post The Legacy Hotel Breaks Ground in Medina, Ohio appeared first on LODGING Magazine.
CHICAGO—World of Hyatt announced a partnership with Under Canvas, giving guests access to experience and stay at Under Canvas’ 13 outdoor resorts. The new alliance provides members with access to upscale experiences across many U.S. national parks and other outdoor destinations. World of Hyatt members can now book their stays at Under Canvas camps and its newest outdoor resort, ULUM Moab, through Hyatt. “Travelers are looking for new and unique experiences to reconnect with nature […]
The post World of Hyatt Partners With Under Canvas to Provide Outdoor Stay Experiences appeared first on LODGING Magazine.
The first half of 2024 confirmed Accor’s growth outlook, which was presented at the Capital Markets Day on June 27, 2023, and reiterated in recent earnings and revenue releases. The group’s diversification, both in terms of geographies and segments, plays a role for each of the two divisions. During the first half of 2024, Accor opened 146 hotels, representing 24,000 rooms—i.e. net unit growth of 4.1 percent—over the last 12 months. At the end of […]
The post Accor Shares First Half of 2024 Growth Outlook appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported higher performance results than the previous week and positive comparisons year over year, according to CoStar’s latest data through July 20, 2024. U.S. Hotel PerformanceJuly 14-20, 2024 Percentage change from comparable week in 2023:Occupancy: 73.5 percent (up 1.0 percent)ADR: $165.91 (up 2.4 percent)RevPAR: $122.02 (up 3.4 percent) The U.S. RevPAR level was the highest for any week on record. Among the Top 25 Markets, Houston saw the highest year-over-year increases […]
The post CoStar: U.S. Hotel Industry Reports Higher WeeklyPerformance appeared first on LODGING Magazine.
Built in 1928, The Marcus Whitman is the oldest operating hotel in Walla Walla, Washington, and has a special place in the community. Honoring that legacy was a guiding principle of the hotel’s most recent renovation, completed in June. “We went with a theme that strikes a balance between historic and contemporary, preserving the historic infrastructure in the guestrooms and public spaces while adding contemporary touches,” said General Manager Ted Hawksford. The final element of […]
The post Reviving a Vintage Venue appeared first on LODGING Magazine.
WEST JORDAN, Utah—LivAway Suites has announced the opening of its first hotel located in the Salt Lake City metropolitan area. LivAway Suites caters to construction workers, traveling medical professionals, the military, displaced families, digital nomads, and others seeking intermediate to long-term accommodations. Having broken ground on this location in West Jordan, Utah, in June 2023, the 126-suite hotel was constructed in just over 12 months and offers suites with fully equipped kitchens and technological enhancements […]
The post LivAway Suites Opens First Hotel Near Salt Lake City, Utah appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2024. Highlights include: “The resilience and highly cash-generative nature of our business model was once again on full display this quarter,” said Geoff Ballotti, president and CEO, Wyndham. “Amid a normalizing domestic RevPAR environment, we delivered strong adjusted EBITDA driven by net room and ancillary fee growth. We awarded 33 percent more hotel contracts domestically which grew our development pipeline […]
The post Wyndham Hotels & Resorts Reports Q2 2024 Results appeared first on LODGING Magazine.
Following 30 years of executive leadership for the Hospitality Sales and Marketing Association International (HSMAI) Americas, HSMAI Foundation, and HSMAI Global, the organization announced the retirement of President and CEO Bob Gilbert. Rajit Sukumaran has taken on an expanded role as IHG Hotels & Resorts’s senior vice president and managing director, East Asia & Pacific. Additionally, Vivek Bhalla has been promoted to IHG’s managing director, SEAK. Commonwealth Hotels announced the appointment of Jon Gustin as […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced the launch of its Hospitality Law Database, which gives hoteliers quick access to a nationwide compendium of state and local laws that impact hotel operations. This new online tool will help hotel owners, managers, human resources professionals, lawyers, and others navigate and abide by the ever-changing patchwork of state and local laws that affect the hotel industry. Tracking laws across all 50 states, the District of Columbia, […]
The post AHLA Launches Hospitality Law Database appeared first on LODGING Magazine.
LONDON, England—InterContinental Hotels & Resorts announced a partnership with Timeshifter, an app based on the latest circadian science that devises personalized jetlag mitigation plans to help travelers manage the causes and symptoms of jetlag. InterContinental is introducing a range of “Intentional Flexibility” initiatives, designed to support guests in navigating their day-to-day travel. Timeshifter plans are based on guests’ chronotypes, normal sleep patterns, itineraries, and personal preferences, resulting in a personalized solution specific to each trip, […]
The post InterContinental Hotels & Resorts Partners With Timeshifter appeared first on LODGING Magazine.
SOUTH CAROLINA—Marcus & Millichap announced the sale of two Country Inn & Suites properties in Orangeburg and Summerville, South Carolina. The assets collectively sold for $14,500,000. “These properties were sold as a portfolio at full asking price,” said Jack Davis, senior vice president, investments. “The buyers plan to convert these properties and complete an extensive renovation.” Davis, Joce Messinger, Chase Dewese, Josh Tammen, and Robert Hunter—investment specialists in Marcus & Millichap’s Charleston, Charlotte Uptown, Phoenix, […]
The post Marcus & Millichap Announces Sale of Two South Carolina Hotels appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported improved performance results from the previous month, according to June 2024 data from CoStar. June 2024 Percentage change from June 2023:Occupancy: 69.6 percent (flat)ADR: $161.30 (up 1.5 percent)RevPAR: $112.33 (up 1.5 percent) Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 2.5 percent to 87.8 percent), ADR (up 4.4 percent to $317.91), and RevPAR (up 7.0 percent […]
The post CoStar: U.S. Hotel Industry Improves Monthly Performance appeared first on LODGING Magazine.
CHARLESTON, South Carolina—The Indigo Road Hospitality Group (IRHG) announced the appointment of Katharine Ames as chief marketing officer. In this newly created role, she will continue to oversee all marketing efforts across the company’s portfolio, including internal communications, public relations, programming and branding, partnerships, and social media. Ames, who is based in Atlanta, previously served as director of marketing since joining the company in 2021. She will continue to lead an internal team of marketing […]
The post IRHG Names Katharine Ames as Chief Marketing Officer appeared first on LODGING Magazine.
COVID created challenges for many hotel companies, but some operators managed to turn those challenges into opportunities. One such company is Waterford, Connecticut-based Waterford Hotel Group, which spearheaded the recently completed transformation of the Hilton Hartford into a mixed-use development that includes both a hotel and premier apartment complex. The new project—which now features the 170-room DoubleTree by Hilton Hartford Downtown as well as The Revel Apartments—officially opened in April. The $29 million redevelopment project […]
The post Waterford Hotel Group Project Makes a Difference in Downtown Hartford appeared first on LODGING Magazine.
RICHMOND, Virginia—Sandpiper Hospitality has been named manager of the ECHO Suites Extended Stay by Wyndham Spartanburg in Spartanburg, South Carolina. Opened earlier this month, the hotel is the first property open in the ECHO Suites Extended Stay by Wyndham brand. Each of the 124 suites in the newly constructed hotel includes a kitchenette with two stovetop burners, a full refrigerator, and a microwave. The rooms also offer smart HDTVs, WiFi, and a bathroom with a […]
The post Sandpiper Hospitality Manages ECHO Suites Spartanburg appeared first on LODGING Magazine.
HOUSTON, Texas—Hospitality technology solutions providers WorldVue and Cabling Solutions, LLC have announced they have signed an agreement that marks their commitment to designing and building hotel infrastructure. For nearly fifty years in business, WorldVue has been a provider of video, wireless connectivity, and professional services to hotels, residential properties, and enterprises worldwide. Robert Grosz, president and chief operating officer, WorldVue, said, “Our mission is to help guest-centric real estate venues leverage digital technology to evolve […]
The post WorldVue Signs Agreement to Acquire Cabling Solutions appeared first on LODGING Magazine.
NEW YORK, New York—PMZ Realty Capital LLC announced that it has closed over $40 million in recent weeks. “Our ability to secure hospitality loans for our clients is a testament to the resilience of the hospitality sector, even amidst high-interest rates,” said Peter Berk, president, PMZ Realty Capital LLC—Hotel Finance Group. “Our industry remains vibrant and bustling with activity. There is a strong sense of optimism in the economy, anticipating the Fed lowering interest rates […]
The post PMZ Realty Capital Closes Over $40 Million in Recent Transactions appeared first on LODGING Magazine.
MT. PLEASANT, South Carolina—The Hilton Garden Inn Charleston | Mt. Pleasant has completed a comprehensive renovation and enhancement to all guestrooms and suites, public areas, and meeting and event spaces. The Hilton Garden Inn Charleston | Mt. Pleasant is located between historic downtown Charleston, South Carolina, and the beaches of Isle of Palms and Sullivan’s Island. The hotel offers access to Charleston’s Historic District and circulation to the area’s corporate, government, and leisure demand, including […]
The post Hilton Garden Inn Charlestown | Mt. Pleasant Completes Renovation appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported higher performance results than the previous week but lower comparisons year over year, according to CoStar’s latest data through July 13, 2024. U.S. Hotel PerformanceJuly 7-13, 2024 Percentage change from comparable week in 2023:Occupancy: 69.2 percent (down 3.7 percent)ADR: $158.21 (down 1.5 percent)RevPAR: $109.51 (down 5.2 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 13.4 percent […]
The post CoStar: U.S. Hotel Industry Reports Higher Weekly Performance Results appeared first on LODGING Magazine.
ST. LOUIS, Missouri—Drury Hotels Company, LLC announced the launch of its Meetings with More program. Tailored to small (fewer than 100 attendees) and mid-sized (100-200 attendees) groups, Meetings with More aims to offer value for events at Drury Hotels. According to The Meeting Planner Survey: 2024 State of the Meetings Industry report by Knowland and ConferenceDirect earlier this year, almost 50 percent of U.S. meetings had 100 attendees or less in 2023, demonstrating the industry’s […]
The post Drury Hotels Company Launches Meetings With More Program appeared first on LODGING Magazine.
NEW YORK, New York—The LCP Group, L.P., announced its origination of construction financing for the Moxy Centennial Olympic Park, located in Atlanta’s downtown entertainment district. The project is being developed through a partnership between Atlanta-based Nexera Capital and Emerge Hospitality Group. The 13-story, 183-room property will have a rooftop restaurant and lounge, a lobby bar, and ground-level retail. The hotel is scheduled to open during the second quarter of 2026. “Securing financing for new construction […]
The post The LCP Group Originates Construction Financing for Moxy Centennial Olympic Park appeared first on LODGING Magazine.
WASHINGTON—The volume of U.S. hotel rooms under construction reached its highest level in 16 months, according to CoStar’s latest June 2024 data. U.S. Hotel PipelineJune 2024 Percentage change from June 2023In construction: 157,713 rooms (up 5.5 percent)Final Planning: 266,619 rooms (up 9.8 percent)Planning: 333,827 rooms (up 38.7 percent) “The number of rooms in construction has grown year over year for four consecutive months,” said Isaac Collazo, STR’s VP, analytics. “While upscale and upper midscale continue […]
The post CoStar: U.S. Hotel Room Construction Reaches Highest Level Since February 2023 appeared first on LODGING Magazine.
Last month, GrowthCurve Capital acquired Duetto, a leading provider of revenue management software for the hospitality industry, from affiliates of Warburg Pincus and other shareholders. Partnering with the private equity firm enables Duetto to further accelerate its AI product development, support the launch of new business lines, and expand into new markets. “GrowthCurve focuses on data-rich companies and leveraging artificial intelligence to unlock new products and enhance existing products, and that’s very much in line with […]
The post Ahead of the Curve: Duetto’s New Partnership and New Product appeared first on LODGING Magazine.
McKibbon Hospitality promoted Stacy Royalty to regional vice president of operations, responsible for supporting a portfolio of hotels with operational strategy, budget planning, leadership development, and talent recruitment. PPDS announced the promotion of Andrea Barbuti to the newly created position of global product management lead for the EMEA region. Barbuti has played a role in the company’s evolution, including helping to shape its strategic focus. Chatham Bars Inn announced the appointment of Michael Briggs as […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
LODGING Editor-in-Chief Dennis Nessler and a trio of hotel executives discuss the increasing role of data in the procurement process and its overall impact. The group also addressed ongoing trends and current conditions within the lodging industry procurement landscape, and offered their projections for the future.
The post Data Driven Purchasing appeared first on LODGING Magazine.
LONDON—IHG Hotels & Resorts announced the launch of its Low Carbon Pioneers program, which brings together energy-efficient hotels that have no fossil fuels combusted on-site and are backed by renewable energy. This group of low operational carbon hotels will help IHG test, learn, and share findings on sustainability measures. The thought is to inspire other properties to join the program and also help encourage the adoption of carbon reduction practices across IHG’s estate. The first […]
The post IHG Hotels & Resorts Launches Low Carbon Pioneers Program appeared first on LODGING Magazine.
Choctaw Landing—the Choctaw Nation’s newest luxury resort and casino—is located about an hour north of the Oklahoma/Texas border and offers numerous amenities for guests to unwind and regenerate, including a pool area with nine cabanas, two hot tubs, and three fire pits; a fitness center; and a casino with 600 slot machines. Groups have more than 4,300 square feet of meeting space at their disposal, as well as a 125-capacity outdoor amphitheater for special events. […]
The post An Immersive Cultural Experience appeared first on LODGING Magazine.
FLORENCE, South Carolina—Raines welcomed the Sea Palms Resort in St. Simons Island, Georgia, to its management portfolio. This addition, owned by RREAF Holdings, is part of Woven by Raines, the company’s lifestyle division, and includes a golf course, marking the second golf course managed by Raines. Sea Palms Resort is in an upscale resort community and offers a blend of luxury and leisure. The 121-room property, recently renovated to offer upgraded suites, caters to a […]
The post Raines Adds Sea Palms Resort to Management Portfolio appeared first on LODGING Magazine.
NORTH FALMOUTH, Massachusetts—Sea Crest Beach Resort unveiled Streetscape, an onsite collection of five culinary experiences inclusive of full- and quick-service options. Streetscape is open year-round. New England dishes and cocktails are available at The Lantern Room, which is open for breakfast, lunch, and dinner. Casual dining options include The Hatch, specializing in fried seafood and summertime fare; Buzzards Bay Pizza Co., including traditional pizzas; and poolside ice cream at Captain Scoops. One-stop shop Old Silver […]
The post Sea Crest Beach Resort Announces Collection of Culinary Outlets appeared first on LODGING Magazine.
CHICAGO, Illinois—Sertifi shared information about its growing partnership with Davidson Hospitality Group. After licensing Sertifi’s e-signature and payment processing solutions in 2015, Davidson also became an early adopter of Sertifi’s card authorization solution in 2017. Most recently, Davidson enabled the ability to process ACH (eCheck) payments via SertifiPay, allowing its properties to offer greater payment flexibility to clients while lowering costs, as processing fees for ACH are lower than for card transactions. Using Sertifi, Davidson […]
The post Sertifi and Davidson Hospitality Group Expand Partnership appeared first on LODGING Magazine.
Last month, we saw a powerful example of the American Hotel & Lodging Association’s advocacy influence and reach as we secured an important policy victory that ensures fair treatment for hotels in Hawaii, a major U.S. tourist destination that’s critical to the health of our industry. As our members know, AHLA is constantly monitoring states across the country for policies that discriminate against hotels in favor of short-term rental properties. We are not opposed to […]
The post A Long-Term Solution to Short-Term Rentals appeared first on LODGING Magazine.
STAUNTON, Virginia—Hotel 24 South celebrated A Legacy of Hospitality: 100 Years of Memories in Staunton, Virginia at an event attended by dignitaries, guests, and representatives from Historic Hotels of America. The hotel began welcoming guests in 1924. During the event, the hotel received proclamations from Historic Hotels of America and the City of Staunton acknowledging its Georgian Revival architecture, its contribution to the community, and its preservation through its restoration of artifacts including a 1924 […]
The post Hotel 24 South Hosts 100-Year Event With Historic Hotels of America appeared first on LODGING Magazine.
EL SEGUNDO, California—DIRECTV HOSPITALITY announced the renewal of its agreement with BWH Hotels, making DIRECTV HOSPITALITY an endorsed supplier for BWH Hotels and furthering their joint commitment to deliver in-room entertainment for hotel guests. “We are thrilled to continue working with DIRECTV HOSPITALITY,” said Michael Morton, senior vice president, brand management and member services for BWH Hotels. “DIRECTV is a trusted and valued supplier for our properties, and its services have played a pivotal role […]
The post DIRECTV Hospitality Renews Agreement With BWH Hotels appeared first on LODGING Magazine.
DALLAS, Texas—Coury Holdings announced the launch of Concert Hospitality, a new hospitality management company aimed at delivering personalized guest experiences across full and select-service hotels from companies including Marriott, Hilton, Hyatt, and more. Concert Hospitality will operate independently alongside the lifestyle management company, Coury Hospitality, and strengthen Coury Holdings’ mission to drive impact and revenue for hotel owners. Concert Hospitality’s portfolio will start with four hotels across the DFW metroplex, Texas; Los Angeles, California; and […]
The post Coury Holdings Launches New Management Company: Concert Hospitality appeared first on LODGING Magazine.
TROY, Michigan—With an average daily rate (ADR) for a U.S. hotel room of $158.45 in May 2024—the second-highest month ever behind $159.01 in October 2023 —virtually every traveler in every hotel price bracket is paying more for a hotel room. According to the J.D. Power 2024 North America Hotel Guest Satisfaction Index (NAGSI) Study, travelers’ perceived value for those higher prices greatly depends on how well the hotel delivers on their expectations. This year, the […]
The post J.D. Power: 2024 NAGSI Study Shows Travelers Are Paying More for Hotel Rooms appeared first on LODGING Magazine.
The hotel technology landscape, like that of many industries, has changed dramatically in recent years, and for many franchise companies, it represents the most obvious opportunity for differentiation and enhanced guest satisfaction. Cloud-based property management systems, text messaging platforms, and artificial intelligence were just a few of the key trends identified by a host of brand C-level executives who discussed some of their latest technology initiatives with LODGING. Below are some highlights of what several […]
The post Tech Roundup: Brand C-Level Execs Tout Impact of Cloud-Based Systems, Artificial Intelligence appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Atlantic City West. The 140-room, upper-midscale property is located in Egg Harbor Township, New Jersey, and will be dual branded with Sonesta Simply Suites Atlantic City which is expected to open later this summer. The hotel is four miles from Atlantic City International Airport, eight miles from Ocean City, and near local attractions including downtown Atlantic City, the New Jersey shore, and Storybook Land. […]
The post Sonesta Essential Atlantic City West Opens appeared first on LODGING Magazine.
MIAMI, Florida—Berkadia announced the refinancing of Hampton Inn & Suites, a 221-key hotel with ground-floor retail in Miami’s Brickell neighborhood. Managing Director Saul Hoppenstein and Associate Director James Elmore of Berkadia Boca Raton secured a $45.9 million loan on behalf of the sponsor, Miami-based Hospitality Operations, Inc. The lender, a life insurance company, provided the five-year, fixed-rate loan with full-term interest only at an attractive interest rate. “Despite a challenging capital markets landscape, Berkadia continues […]
The post Berkadia Refinances Hampton Inn & Suites Brickell appeared first on LODGING Magazine.
RESTON, Virginia—Crescent Hotels & Resorts has entered into a management agreement with an affiliate of Comstock Holding Companies, Inc. covering the JW Marriott at Reston Station. The new hotel, Virginia’s first JW Marriott and only the second in the Washington, D.C. region, will be part of the next phase of development at Comstock’s Reston Station, a mixed-use and transit-oriented neighborhood in the Dulles Corridor. The JW Marriott at Reston Station is a 28-story glass and […]
The post Crescent Hotels & Resorts to Manage JW Marriott at Reston Station appeared first on LODGING Magazine.
CHICAGO, Illinois—First Hospitality announced the transition of Roger Baker from chief financial officer to his new role as chief investment officer and advisor. With 40 years of experience in the real estate industry, including 16 years as a leader on First Hospitality’s executive team, in this new role, Baker will advise on selected capital formation transactions as well as certain management and investor relations initiatives. “Roger’s leadership has been instrumental in the growth and success […]
The post Roger Baker Transitions to CIO and Advisor of First Hospitality appeared first on LODGING Magazine.
Hilton veteran Phil Cordell is retiring after 40 years at the company, transitioning to an advisor role effective this July. The company announced that Cordell will serve as a mentor and coach, providing guidance and support to the Hilton team. Cordell began his career as a bellman with Hilton while in high school, eventually becoming general manager of the second Hampton Hotel in 1983. He went on to lead Hilton’s All Suites and Focused Service […]
The post Hilton Veteran Cordell Retires Following 40-year Career appeared first on LODGING Magazine.
ECHO Suites Extended Stay by Wyndham celebrated the grand opening of its first location, ECHO Suites Spartanburg in South Carolina, this Wednesday. LODGING was on hand for the ribbon-cutting and tour of the highly anticipated property, which broke ground last October as part of a development pipeline that has grown to nearly 270 ECHO Suites hotels across the United States and Canada. Additional ECHO Suites are slated to open in Texas and Virginia this year, and the brand […]
The post A Promising Pipeline: Wyndham Opens First ECHO Suites appeared first on LODGING Magazine.
WASHINGTON, D.C.—JLL Hotels & Hospitality Group announced that it arranged the sale and financing of Home2 Suites by Hilton North Scottsdale near Mayo Clinic, a 130-room hotel located in Scottsdale, Arizona. JLL represented the seller, and working on behalf of the new owner, JLL also procured the acquisition loan from a regional credit union. Built in December 2022, the hotel is designed to provide an extended-stay experience with amenities including a fitness center, outdoor pool, […]
The post JLL Arranges Sale of Home2 Suites by Hilton North Scottsdale appeared first on LODGING Magazine.
Marriott International, Inc. released its 2024 Serve 360 Report sharing the company’s global environmental, social, and governance (ESG) efforts and progress toward its 2025 Sustainability and Social Impact Goals. The report reflects data for the calendar year ended December 31, 2023. This year, the report includes an “Around The World Highlights” addendum, which shows ESG initiatives spanning each of the company’s regions—Asia Pacific excluding China; Caribbean & Latin America; Europe, Middle East & Africa; Greater […]
The post Marriott International Releases 2024 Serve 360 Report appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association (AHLA) Interim President and CEO Kevin Carey released the following statement regarding the introduction of the Human Trafficking Awareness Training Recognition Act, which requires the Department of Homeland Security (DHS) to establish a certification program for businesses that train their employees to recognize and respond to suspected human trafficking. “The Human Trafficking Awareness Training Recognition Act would complement our industry’s anti-trafficking efforts by providing important third-party validation for hotels’ training […]
The post AHLA Makes Statement About Human Trafficking Awareness Training Recognition Act appeared first on LODGING Magazine.
WASHINGTON—Due to the Fourth of July, the U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through July 6, 2024. U.S. Hotel PerformanceJune 30-July 6, 2024 Percentage change from comparable week in 2023:Occupancy: 61.3 percent (down 0.9 percent)ADR: $157.27 (up 0.5 percent)RevPAR: $96.35 (down 0.4 percent) Among the Top 25 Markets, New Orleans saw the highest year-over-year increases in each of the […]
The post CoStar: Fourth of July Holiday Contributes to Lower U.S. Hotel Performance appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland reported that Las Vegas, Nevada, took the lead in meeting volume growth with a solid 22.2 percent increase for June year-over-year (YOY). Ranked second, St. Louis, Missouri, saw a 12 percent increase in YOY growth. There was an increase in total square footage used and group sizes for both the U.S. top 25 and secondary markets The average space used for meetings in the top 25 markets was 4,127 square feet, with average […]
The post Knowland: Las Vegas Continues to Lead Meeting Volume Growth appeared first on LODGING Magazine.
LOUISVILLE, Kentucky—Driftwood Hospitality Management (DHM) announced it will assume management operations for the Canopy by Hilton Downtown Louisville, a $75 million, 168-key hotel in the city’s historic district. With more than 80 properties in its portfolio, the hotel is DHM’s first assignment in Kentucky and is scheduled for completion in Q4 2024. The expansion into Kentucky shows DHM’s capabilities in hospitality management across assets in domestic and international markets. The hotel will be developed by […]
The post Driftwood Assumes Management of the Canopy by Hilton Downtown Louisville appeared first on LODGING Magazine.
NEW YORK—Smith Hill Capital and Bain Capital Special Situations announced the firms’ joint venture originated and executed a $72 million first mortgage loan to KSL Capital Partners to refinance Hotel Viking in Newport, Rhode Island. The historic 208-room property is located in Newport’s Historic Hill neighborhood inland of the harbor in the center of Downtown Newport, within a short walk to the International Tennis Hall of Fame and water activities on the marina and a […]
The post Smith Hill Capital and Bain Capital Execute $72 Million Financing for Hotel Viking appeared first on LODGING Magazine.
SPARTANBURG, South Carolina—Wyndham Hotels & Resorts celebrated the opening of ECHO Suites Spartanburg in South Carolina, the first opened property for the ECHO Suites Extended Stay by Wyndham location. The opening marks a milestone for the brand, which has grown its development pipeline to nearly 270 hotels and over 33,000 rooms across the United States and Canada. Timed amidst an influx of infrastructure projects expected across the country over the next decade, additional ECHO Suites […]
The post First ECHO Suites Extended Stay by Wyndham Opens in Spartanburg, South Carolina appeared first on LODGING Magazine.
Brittain Resorts & Hotels announced the appointment of Brittney Jones as chief development officer. Jones will oversee the expansion of BRH’s portfolio through strategic third-party management contracts. RMS Cloud announced Cameron Gough as chief product officer. Gough brings a background in digital experiences, having served in senior roles at Digital ID, Envato, and Pet Circle during his career. Hospitality Ventures Management Group named Ron Fader as senior vice president, finance and accounting. Fader will lead […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
MCLEAN, Virginia, and LONDON, England—Hilton is expanding its portfolio of luxury hotel experiences by adding nearly 400 boutique properties from the Small Luxury Hotels of the World (SLH) collection. Hundreds of these properties will be available on all Hilton direct booking channels, including Hilton’s website and the Hilton Honors app. Joining Hilton’s luxury brand portfolio—Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, LXR Hotels & Resorts, and Signia by Hilton—the collection of participating SLH […]
The post Hilton Adds Nearly 400 Boutique Hotels from SLH Collection appeared first on LODGING Magazine.
BETHESDA, Maryland—Marriott International launched Business Access by Marriott Bonvoy, an online travel booking program designed as a direct channel for small to medium-sized businesses. The program combines an expanded booking experience with benefits and rewards available through Marriott Bonvoy’s travel program and portfolio of brands. Business Access by Marriott Bonvoy is available to small to medium-sized businesses based in the United States, Canada, Europe, the Middle East, Africa, the Caribbean, and Latin America, and is […]
The post Business Access by Marriott Bonvoy Launches for Small to Medium-Sized Businesses appeared first on LODGING Magazine.
NEWPORT NEWS, Virginia—Mumford Company shared its sales performance from the first half of 2024, with multiple transactions closing in the second quarter. “Even with the current state of interest rates, the hospitality industry fundamentals are strong which continues to drive transactions,” said Justin Pinkard, principal, Mumford Company. “The bid-ask is still sometimes challenging, but there continues to be strong interest in lodging assets.” Some of its recent transactions include: “At Mumford Company, we pride ourselves […]
The post Mumford Company Shares Sales Performance From H1 2024 appeared first on LODGING Magazine.
ABERDEEN, South Dakota—My Place Hotels of America opened My Place Hotel-Mitchell, South Dakota. It is the 72nd open and operating My Place property in the United States and the seventh My Place to open in South Dakota. Mitchell Holdings, LLC, developed the hotel, which Venerts Hotel Management, Inc. manages. The 63-key property is outfitted with standard My Place amenities, including a 24-hour My Store grab-and-go market, laundry facilities, a business center, and a grilling pavilion. […]
The post My Place Hotel-Mitchell, South Dakota, Opens appeared first on LODGING Magazine.
With the growth of the extended stay segment into 2024, the industry is quickly responding to consumer demand. BWH Hotels introduced its @HOME by Best Western brand in 2022 and has built a robust pipeline of more than 40 new-build hotels. Options Not Mandates @HOME by Best Western was designed with a key principle—options, not mandates. “We know that extended stay is an important market segment and there is tremendous demand for more options in […]
The post BWHSM Hotels Redefines Extended Stay With @HOME by Best Western appeared first on LODGING Magazine.
DALLAS, Texas—Coury Hospitality announced the promotion of Jennifer Burgess-Wright to senior vice president, marketing and digital strategy. Known as the brand’s first experience curator, Burgess-Wright’s promotion finds her shaping the brand’s marketing and digital strategy for brand engagement and creating a presence for Coury Hospitality. “Jennifer has been an integral part of our company for nearly two decades, and her efforts in marketing and promoting our growing portfolio are evident in the awards we’ve received […]
The post Coury Hospitality Promotes Jennifer Burgess-Wright to SVP, Marketing & Digital Strategy appeared first on LODGING Magazine.
WASHINGTON—U.S. hotels added 700 jobs to their payrolls in June, according to the latest government data that shows the nationwide workforce shortage continues to make it difficult for hotels to fill open jobs. Total hotel employment stands at about 1.92 million, according to the Bureau of Labor Statistics (BLS). That’s more than 196,000 fewer workers in the industry than in February 2020, just before the pandemic hit, which reflects the scarcity of available employees. BLS […]
The post AHLA: 700 Hotel Jobs Were Added in June 2024 appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported higher performance results from the previous week and positive comparisons year over year, according to CoStar’s latest data through June 29, 2024. U.S. Hotel PerformanceJune 23-29, 2024 Percentage change from comparable week in 2023:Occupancy: 71.9 percent (up 3.2 percent)ADR: $162.81 (up 3.6 percent)RevPAR: $117.13 (up 6.9 [ercent) Among the Top 25 Markets, Minneapolis saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 20.1 percent […]
The post CoStar: U.S. Hotel Industry Reports Higher Performance From the Previous Week appeared first on LODGING Magazine.
OCEAN CITY, Maryland—The Harrison Group announced the acquisition of the Holiday Inn & Suites Virginia Beach – North Beach, an oceanfront resort located on the Virginia Beach Boardwalk. This strategic acquisition marks an expansion for the Harrison Group, growing its offerings for families, business travelers, and conference attendees. Situated along the Atlantic Ocean shoreline, the Holiday Inn & Suites Virginia Beach – North Beach has 238 guestrooms and suites. Each room has a private balcony […]
The post Harrison Group Acquires Holiday Inn & Suites Virginia Beach – North Beach appeared first on LODGING Magazine.
COEUR D’ALENE, Idaho—Western States Lodging and Management (WSLM) announced the opening of TownePlace Suites by Marriott Coeur d’Alene. Located near the Spokane River and near Lake Coeur d’Alene in north Idaho, this new extended-stay hotel offers an experience and amenities tailored for both business and leisure travelers. WSLM manages the property under ownership with Garn Development. “This development is an exciting new venture at Western States, expanding our collection of managed TownePlace Suites by Marriott […]
The post TownePlace Suites by Marriott Coeur d’Alene Opens appeared first on LODGING Magazine.
The U.S. hotel industry saw 800 transactions in the first quarter of 2024, according to data from CoStar. Higher interest rates continue to take a toll on transactions, with the estimated undisclosed dollar volume at roughly $4 billion—the lowest for a first quarter since 2010. When looking at disclosed dollar volume, transactions were at $3.4 billion. made up 20 percent of the quarterly transaction activity. The most notable deal was the sale of two thirds […]
The post Off to a Slow Start: U.S. Hotel Transactions at Lowest First-Quarter Dollar Volume Since 2010 appeared first on LODGING Magazine.
SINGAPORE—DoubleTree by Hilton surpassed 100 properties in the Asia-Pacific region. This milestone is being driven by recent and upcoming hotel openings across the region, including: The company’s recent franchise model expansion with the DoubleTree by Hilton brand is set to impact growth, offering owners in Greater China opportunities to leverage the brand’s market presence and Hilton’s commercial engine and network effect. This is significant as demand is rising for diverse travel experiences. “The expanding footprint […]
The post DoubleTree by Hilton Surpasses 100 Properties in Asia-Pacific appeared first on LODGING Magazine.
SAN DIEGO, California—The Westin San Diego Bayview has completed a comprehensive $20 million renovation, marking a transformation of its 436 guestrooms and meeting spaces. “In concert with our exceptional team and amenities, this renovation exemplifies our commitment to delivering an unparalleled experience for groups, events, meetings, and leisure travelers,” said Peter Engard, general manager of the Westin San Diego Bayview. “We seamlessly blend modern aesthetics with the well-being initiatives that define the Westin brand. Guests […]
The post The Westin San Diego Bayview Completes Renovation appeared first on LODGING Magazine.
LOS ANGELES, California—Springboard Hospitality announced that John Mootz will join the company as the company’s first-ever corporate director of food and beverage. In his newly created role, Mootz will work with individual property general managers, executive chefs, and food and beverage teams across the portfolio to concept new venues, expand culinary offerings, and enhance overall dining experiences. Mootz has more than 20 years of executive experience in the food service and hospitality industry. “We are […]
The post Springboard Hospitality Names John Mootz Corporate Director of Food and Beverage appeared first on LODGING Magazine.
NEW YORK—Certares has acquired the Carté Hotel San Diego Downtown, Curio Collection by Hilton. The lifestyle hotel, under Hilton’s soft brand, Curio, is in San Diego’s Little Italy neighborhood. Originally opening in late 2019, the Carté Hotel has 246 guestrooms with comprehensive guest amenities, including a rooftop bar/lounge, an outdoor pool deck, a lobby restaurant, and a 25,000-square-foot athletic club. “We are excited to add one of the top lodging assets in the Downtown San […]
The post Certares, HHM Hotels Acquire Carté Hotel San Diego Downtown appeared first on LODGING Magazine.
WASHINGTON, D.C.—AAA projects 70.9 million travelers will head 50 miles or more from home over the July 4th holiday travel period. For the first time, AAA looked at the entire July 4th week, plus the Saturday before and the Sunday after the holiday. This year’s projected number of travelers for that period is a 5 percent increase compared to 2023 and an 8 percent increase over 2019. “With summer vacations in full swing and the […]
The post AAA: Over 70.9 Million Travels to Go 50 Miles or More for July 4th Week appeared first on LODGING Magazine.
Located in San Diego’s Gaslamp Quarter, Omni San Diego Hotel announced the completion of a top-to-bottom renovation. This includes a redesigned poolside experience, two new food and beverage concepts, refreshed meeting and event spaces, and reimagined lobby and guestrooms. The hotel is located near landmarks such as Petco Park, Little Italy, San Diego’s Convention Center, and Seaport Village. “Omni San Diego Hotel is thrilled to unveil an enhanced guest experience, providing visitors and locals with […]
The post Omni San Diego Hotel Completes Renovation, Introduces New Dining Concepts appeared first on LODGING Magazine.
ATLANTA—Pivot, the lifestyle operating vertical of Davidson Hospitality Group, which is celebrating its 50th anniversary in 2024, has been selected by Goldenrod Companies to manage The Scarlet, Lincoln, a Tribute Portfolio Hotel in Lincoln, Nebraska. The only hotel in partnership with the University of Nebraska – Lincoln and located on the Nebraska Innovation Campus (NIC), the property has 154 guestrooms and suites inspired by towns across the state; a variety of restaurant and bar experiences […]
The post The Scarlet, Lincoln, a Tribute Portfolio Hotel Names Pivot as Manager appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported lower performance results from the previous week and mixed comparisons year over year, according to CoStar’s latest data through June 22, 2024. U.S. Hotel PerformanceJune 16-22, 2024 Percentage change from comparable week in 2023:Occupancy: 69.5 percent (down 2.5 percent)ADR: $159.88 (up 0.1 percent)RevPAR: $111.17 (down 2.3 percent) Among the Top 25 Markets, Seattle saw the highest year-over-year increases in occupancy (up 11.1 percent to 84.9 percent) and RevPAR (up 16.8 […]
The post CoStar: U.S. Hotels Report Lower Performance Results From Previous Week appeared first on LODGING Magazine.
CHICAGO, Illinois—Sertifi announced the release of its new Oracle Hospitality Integration Platform (OHIP) integrations to OPERA Cloud. This extends the partnership between Sertifi and Oracle, with Sertifi having an existing integration to OPERA OWS for Oracle v5 and cloud customers. Over 20,000 hospitality locations allow Sertifi to finalize contracts, event payments, and credit card authorizations. Built on OHIP, the latest integrations connecting OPERA Cloud with Sertifi solutions make front office, reservation, sales, and event workflows […]
The post Sertifi Releases OHIP Integrations on Oracle OPERA Cloud appeared first on LODGING Magazine.
GERMANTOWN, Tennessee—McNeill Hotel Company (MHC) and McNeill Investment Group (MIG) announced the establishment of the Mark A. Ricketts Memorial Scholarship at The University of Memphis Kemmons Wilson School of Hospitality & Resort Management. Born in Arkansas, but raised in Memphis from the age of two, Kemmons Wilson was the founder of the hotel chain Holiday Inn in the 1950s and other business enterprises. Dedicated to the memory of Mark Ricketts, who co-founded McNeill Hotel Company […]
The post McNeill Establishes Mark A. Ricketts Memorial Scholarship appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced the expansion of Hyatt’s brand presence in New Orleans with Maison Métier (formerly Maison de la Luz) and The Barnett (formerly Ace Hotel New Orleans), which have joined the Hyatt portfolio as affiliated hotels. The hotels are expected to join Hyatt’s Independent Collection of brands and participate in the World of Hyatt loyalty program this year. The two properties are owned by The Domain Companies and managed by HRI Hospitality. “Hyatt’s […]
The post Hyatt Expands New Orleans Presence With Two Independent Collection Hotels appeared first on LODGING Magazine.
FAIRFAX, Virginia—Crestline Hotels & Resorts, LLC, announced it has been selected to manage the AC Hotel Houston Downtown, Texas. Situated in downtown Houston, the hotel has 195 guestrooms including various suites. Amenities include WiFi, HDTVs with streaming capabilities, and mini-fridges. The hotel includes 4,000 square feet of meeting space for intimate gatherings and meetings. The AC Kitchen offers a European-style breakfast and, later in the day, the AC Lounge is the place to meet for […]
The post AC Hotel Houston Downtown Selects Crestline as Manager appeared first on LODGING Magazine.
The HITEC 2024 General Session on Tuesday morning featured Anthony Melchiorri, president, Argeo Hospitality and LODGING columnist, in a panel that could have focused on any number of tech trends impacting hotel operations, from AI to the cloud. However, the focus of the session was the more philosophical issue of how technological advancement relates to human nature, and many useful insights were shared. The panelists stressed how important it is for hoteliers to distinguish valuable […]
The post Tech Innovation That Keeps the Focus on Human Needs appeared first on LODGING Magazine.
SAN FRANCISCO, California—Duetto announced that it has been acquired by GrowthCurve Capital. GrowthCurve is acquiring the business from affiliates of Warburg Pincus and other shareholders. Terms of the transaction were not disclosed. Duetto offers solutions that simplify hotel operations and optimize revenue. With a focus on organic product development, data, and integrations, Duetto connects systems into a cohesive platform that drives profitability and growth for hotels worldwide. More than 6,000 hotel and casino resort properties […]
The post GrowthCurve Capital Acquires Duetto appeared first on LODGING Magazine.
Main Street Hospitality appointed Scott Williams as chief development and brand officer. Read more about the appointment here. Dreamscape Hospitality announced the appointment of Austin Bucholtz as vice president of operational strategy and transitions. Read more about the appointment here. Ebrahim Ansari has been named dual general manager of Le Méridien and AC Hotel Denver Downtown. Ansari brings nearly a decade of experience to the role, having managed and overseen operations for hotels across the United […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
BETHESDA, Maryland—Curator Hotel & Resort Collection announced a new partnership with eTip. This new collaboration will help participating Curator members drive operational efficiency and engage team members with digital financial benefits. “At Curator, we focus on optimizing operations and driving revenue growth for our member hotels. We are excited to provide our member hotels with eTip as a new digital tipping solution under our preferred program,” said Brent Hayhurst, vice president of program development for […]
The post Curator Hotel & Resorts Collection Partners With eTip appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Hospitality Financial and Technology Professionals (HFTP) announced the strategic acquisition of several hospitality industry brands. The acquisition includes Hospitality Upgrade, Hotel-Online, the CIO Summit, and the Executive Vendor Summit. Hospitality Upgrade is known for providing industry technology news, trends, and insights to hospitality professionals worldwide. This includes the print and digital magazine, the Watercooler newsletter, social channels, and the annual events. The CIO Summit and Executive Vendor Summit are C-level events that provide […]
The post HFTP Acquires Multiple Hospitality Industry Brands appeared first on LODGING Magazine.
Hotel Communication Network (HCN) will reveal a new AI-powered in-room tablet that will radically change the way hotel guests request services, communicate their needs, place F&B orders from local restaurants, and more via voice commands in multiple languages. AiMe, an AI Concierge, will be on display June 25 to 27 at the Charlotte Convention Center in Booth #3836. AiMe uses natural language processing to respond to guests’ unstructured requests and creates actionable tasks that can […]
The post HCN to Debut its ‘AI Concierge’ on In-Room Tablets at HITEC Charlotte appeared first on LODGING Magazine.
Hospitality TV leader LG Electronics announced that it has developed integrated Google Cast casting capabilities for LG smart hotel TVs. Hyatt is working with LG in the hopes of becoming the first hospitality brand to enable the deployment of these new integrated LG smart hotel TVs later this year. Hyatt through SONIFI, a casting partner that provides casting to more than 500,000 industry rooms, is assisting in the LG-Google next-generation casting solution for new and […]
The post LG Hotel TVs With Built-In Google Cast Upgrade In-Room Entertainment appeared first on LODGING Magazine.
Marriott Bonvoy and Starbucks announced a new collaboration offering distinctive benefits to loyalty members. Marriott Bonvoy members and Starbucks Rewards U.S. members who link loyalty accounts will have the opportunity to earn more Stars toward free beverages, food, and more at Starbucks, and Marriott Bonvoy points that can be redeemed at Marriott Bonvoy’s more than 30 brands and 10,000 global destinations as well as for Marriott Bonvoy Moments experiences. “I love my regular morning cup of […]
The post New Starbucks and Marriott Bonvoy Collaboration Unlocks Exclusive Benefits For Loyalty Members appeared first on LODGING Magazine.
DALLAS—DerbySoft, a leader in high-performance distribution services, announced a new partnership with IDeaS, a SAS company, the world’s leading provider of hospitality revenue management software and services, that strategically provides operational and revenue-enhancing benefits for hotels of all types. This partnership integrates IDeaS’ G3 Revenue Management System (RMS) with Property Connector, DerbySoft’s Digital Distribution System, providing connectivity services to individual properties and small chains. G3 RMS provides DerbySoft with scientific pricing, forecasting, and rate availability decisions […]
The post DerbySoft Launches Strategic Partnership with IDeaS appeared first on LODGING Magazine.
Meyer Jabara Hotels (MJH) is invested in technology—so much so that the company is taking on the role of technology support, help desk, and implementation for its portfolio of 32 hotels plus any other properties needing IT assistance on a project basis. With the goal of enabling guests and staff to communicate at the speed of business or faster, the hotel owner and third-party manager will design, procure, install, certify, and monitor each property’s network […]
The post Meyer Jabara Hotels Offering IT Services & Support Across its Portfolio and Beyond appeared first on LODGING Magazine.
Dreamscape Hospitality announced the appointment of Austin Bucholtz as vice president of operational strategy and transitions. He joins the Dreamscape Hospitality team with extensive experience in the hospitality industry. In his new role, he will leverage his proven track record of success in hotel management transitions to support the vice president of operations by maintaining strict brand compliance and implementing the latest brand updates. “We are honored to have Austin Bucholtz on the Dreamscape Hospitality […]
The post Dreamscape Hospitality Welcomes Austin Bucholtz As Vice President Of Operational Strategy and Transitions appeared first on LODGING Magazine.
Main Street Hospitality announced a key appointment to their executive management team with the promotion of Scott Williams as chief development and brand officer. Scott will continue working closely with Founder & CEO Sarah Eustis and the rest of the executive team with a focus on the strategic growth and evolution of the brand. He will be responsible for leading enterprise-wide brand architecture and positioning, development, marketing and communication initiatives, and experience design for the independent […]
The post Main Street Hospitality Appoints Williams To CDO, Brand Officer appeared first on LODGING Magazine.
Red Roof announced the opening of the Red Roof Inn Stroudsburg at 100 Park Ave in Stroudsburg, Pennsylvania. Owner 100 Park Ave LLC invested $500,000 into renovations at the property, which encompassed new exterior paint; updated guestroom bathrooms, including new bathtubs, flooring, sinks, and faucets; renovated guestrooms, including new bedding, furniture, and flooring; and new lobby furniture. Conveniently located off US Highway 209 in Stroudsburg’s entertainment district, the 58-room Red Roof Inn Stroudsburg offers guests […]
The post Red Roof Opens New Property In Stroudsburg, PA appeared first on LODGING Magazine.
TPG Hotels & Resorts, one of the nation’s premier hospitality management firms, announced the completion of a transformative guestroom refresh project at the Newport Beach Hotel & Suites, located in Newport, Rhode Island. The refresh is the first phase of a multi-phase renovation project planned for the property. The interior design makeover encompasses reimagining the guestroom experience, from new bathrooms and select furnishings to carpets and wall coverings. Guests can expect to rest easy in […]
The post TPG Hotels & Resorts Unveils Refreshed Newport Beach Hotel & Suites appeared first on LODGING Magazine.
Following a record-breaking year of growth, Hilton underscored its commitment to the Caribbean and Latin America (CALA) during a visit by President and CEO Chris Nassetta in which he met with industry leaders, ownership groups, partners, and team members across Argentina, Peru, Colombia, and Costa Rica. In 2023, Hilton opened nearly 20 new hotels and ended the year with 4,000 rooms added in the market, more than in any other year in the company’s history. […]
The post Hilton Set to Reach 300 Hotels in the Caribbean and Latin America appeared first on LODGING Magazine.
Lodging Econometrics (LE) has released Q1 hotel development data for the Charlotte, North Carolina, market ahead of HITEC 2024. The Q1 2024 LE Market Trend Report for the Charlotte market reported that Charlotte has a total of 67 hotel projects and 7,772 rooms in the construction pipeline, positioning it 15th among the top 25 U.S. markets for the largest hotel construction pipeline by project count. Within the Charlotte market, at the close of the first […]
The post Lodging Econometrics Shares Development Update for Charlotte, North Carolina appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported improved performance results from the previous month, according to May 2024 data from CoStar. May 2024 Percentage change from May 2023:Occupancy: 65.7 percent (up 1.5 percent)ADR: $160.40 (up 2.4 percent)RevPAR: $105.46 (up 4.0 percent) Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 5.8 percent to 88.9 percent), ADR (up 6.3 percent to $339.25), and RevPAR (up […]
The post CoStar: May U.S. Hotel Performance Improves From Previous Month appeared first on LODGING Magazine.
ST. LOUIS, Missouri—The Drury Plaza Hotel Savannah Pooler, the first Drury Hotel in the Savannah area and the fifth Drury Hotel in Georgia, is now open with 186 guestrooms and suites and over 1,200 square feet of meeting space. This new Georgia destination in the Savannah Pooler area is for business and leisure travelers alike. The Drury Plaza Hotel Savannah Pooler is located off I-95, less than 15 miles from historic downtown Savannah and four […]
The post Drury Plaza Hotel Savannah Pooler Opens appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland introduced Knowland Select, a new product for hotels with limited meeting space. Knowland Select subscribers will receive a list of target accounts for upcoming need periods directly to the seller’s inbox. It provides a low-cost option to help optimize resources, save time, and improve performance while ensuring a flow of qualified local prospects. Identifying active accounts in a particular market can be stressful and time-consuming for sales teams, especially for smaller hotels with […]
The post Knowland Select Launches for Hotels With Limited Meeting Space appeared first on LODGING Magazine.
When it comes to in-room entertainment technology, the guest experience is driven by guest expectations. Hoteliers looking to foster loyalty often feel pressure to meet these preferences, which tend to be generational. “As Millennial and Gen Z travelers represent an increasing share of bookings, they’re bringing their technology expectations with them,” observed Peter Feeney, vice president, DISH Business. “These generations enjoy watching content creators who operate outside traditional broadcast channels, which is why integrating your […]
The post Unlocking Innovation appeared first on LODGING Magazine.
Stayntouch announced the appointment of Bill Fanning as its new chief revenue officer. With more than 25 years of enterprise software sales experience, Fanning will lead Stayntouch’s revenue growth through strategic expansion initiatives. Dreamscape Hospitality announced the appointment of Ron Phifer as vice president of business development. In this new role, Phifer will identify new management opportunities for the organization. McNeill Hotel Company named Kimberly Brown as general manager of the Hampton Inn Memphis/Southaven MS. […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
FAIRFAX, Virginia—Crestline Hotels & Resorts, LLC, announced it has been selected to manage the Hotel Indigo Asheville Downtown in Asheville, North Carolina. The newly renovated hotel has 116 guestrooms, including 16 penthouse suites, and an 865 square foot “inspiration room” that accommodates up to 20 guests for meetings and gatherings. Hotel Indigo Asheville Downtown is within walking distance of downtown Asheville’s art, music, food, and craft brewery scene. The hotel’s contemporary vibe includes works from […]
The post Hotel Indigo Asheville Downtown Selects Crestline as Manager appeared first on LODGING Magazine.
TAMPA, Florida—McKibbon Hospitality announced its partnership with Procure Impact. Building on McKibbon’s commitment to responsible sourcing and aligning with the company’s guiding principles of “Do the Right Thing, Support Each Other, and Love Your Community,” McKibbon has committed to the Dignity of Work Pledge to create 7,500 hours of work for overlooked populations through purchases of products on the Procure Impact platform. “At McKibbon, we know the simplest form of hospitality is serving others. Everyone […]
The post McKibbon Hospitality Partners With Procure Impact, Joins Dignity of Work Pledge appeared first on LODGING Magazine.
NEW YORK—The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality and its Hospitality Innovation Hub (HI Hub) Experiential Learning Lab, along with HEDNA and RateGain, announced the release of the first edition of their report, the State of Distribution 2024. This report provides an in-depth look into how the day-to-day life of commercial teams within hotels is changing with multiple disruptions over the last few years. Today, more than ever, hotel commercial […]
The post NYU SPS Tisch Center, HEDNA, and RateGain Present State of Distribution 2024 appeared first on LODGING Magazine.
MINNEAPOLIS, Minnesota—IDeaS announced that it has reached the milestone of nearly 2,000 properties live on the Oracle Hospitality Integration Platform (OHIP). This integration connects RMS solutions, including IDeaS G3 RMS, with Oracle’s OPERA Cloud platform, accessible through OHIP and the Oracle Cloud Marketplace. IDeaS and Oracle are nearing a milestone of 10,000 shared clients. IDeaS G3 RMS connects with OPERA Cloud via OHIP. This allows implementations without Oracle’s intervention, ensuring scalable integration for their network […]
The post IDeaS Reaches Nearly 2,000 Properties on the Oracle Hospitality Integration Platform appeared first on LODGING Magazine.
Fair or not, the idea that advanced revenue management software is best suited for massive high-end resorts or properties that are operating under a big brand umbrella has been stubbornly persistent among hoteliers. While it’s true these types of hotel properties were relatively quick to embrace the value of revenue management technology, it’s well past time to put this lingering perception to rest. The number of hotels using revenue management software worldwide continues to grow, […]
The post The Great Equalizer: Why Revenue Management Tech Is Now a Must-Have for Boutique Hotels appeared first on LODGING Magazine.
Quite naturally, the Days Inn by Wyndham brand has gone through lots of changes throughout the course of its more than 50 years, but parent company Wyndham believes its latest updates represent the “dawning” of a new era for the venerable brand. The economy brand—which includes over 1,500 properties globally—recently unveiled that it has revised the rollout of its Dawn rooms package to its U.S. franchisees. The initial rollout was released in 2019 just prior […]
The post Days Inn Room Updates Gain Momentum, Rate for Franchisees appeared first on LODGING Magazine.
IRVINE, California—With a focus on reducing carbon emissions, KSL Resorts has partnered with Evertreen—a pioneering platform facilitating online tree planting and tracking—to plant more than 1,300 trees in Kenya, helping to restore the area’s ecosystem while generating jobs for local youth. According to Ian Pullan, SVP of asset management, by planting trees, KSL and Evertreen are joining forces to contribute to environmental sustainability while supporting the local economy. “As part of our On Purpose sustainability […]
The post KSL Resorts Partners With Evertreen to Plant Over 1,300 Trees in Kenya appeared first on LODGING Magazine.
FAIRFAX, Virginia—The Homewood Suites Washington D.C. Downtown debuted a newly renovated lobby, public spaces, and guest suites. A soft shade of blue carried throughout the hotel’s decor creates a sense of calm. The reimagined lobby features new furnishings including the creation of a nook as well as additional seating for dining and computer work. Guests can use the refreshed look in each of the 175 guest suites with designer wall coverings, new artwork, and bathroom […]
The post The Homewood Suites Washington D.C. Downtown Shares Renovation Details appeared first on LODGING Magazine.
SAN DIEGO, California—Solonis released its annual State of the Industry Report for 2024. The data paints a conflicting picture of travel for 2024. Ongoing inflation and rising consumer prices continue to increase expenses across the board, not just for travel. This has had an impact on guests’ desire to travel. Solonis set out to better understand how these factors will impact the future of travel, conducting independent research and surveying travelers about their outlook on […]
The post Solonis Releases State of the Industry Report for 2024 appeared first on LODGING Magazine.
MELBOURNE, Florida—Driftwood Capital announced the grand opening of the Element by Westin Melbourne Oceanfront hotel, a 130-key hotel in Melbourne, Florida. Part of a $1 billion pipeline of properties Driftwood Capital is developing throughout 2024, the hotel is the firm’s fourth investment in Florida’s Space Coast. “As we continue our disciplined approach on hotel developments nationwide, the Element by Westin Melbourne Oceanfront will serve to complement our existing portfolio of investments, especially in the Space […]
The post Driftwood Capital Opens Element by Westin Melbourne Oceanfront Hotel appeared first on LODGING Magazine.
Newly hired on-property staff, from the general manager to front-line employees, will be directly responsible for the guest experience, and laying the foundation for their performance—as well as their retention—begins on day one of the onboarding phase. While this phase and subsequent training sessions have always been key, the ongoing labor shortage in the hospitality industry calls for an even stronger emphasis on this area. Onboarding/training that is inefficient or does not create immediate engagement […]
The post Launchpad for Success: The Heightened Priority of Effective Onboarding and Training for New Associates appeared first on LODGING Magazine.
SAN ANTONIO, Texas—Hilton San Antonio Hill Country announced the completion of an extensive renovation project, marking a new era of hospitality for the property. The 227-room hotel has over 12,500 square feet of flexible meeting space, a garden courtyard with individual fire pits, three onsite dining outlets including a seasonal outdoor pool bar, a 24-hour fitness center, a pantry market, a lobby gift shop, and a grab-and-go coffee bar. Guests can use three heated outdoor […]
The post Hilton San Antonio Hill Country Completes Renovation appeared first on LODGING Magazine.
SANTA MONICA, California—Crescent Hotels & Resorts announced the opening of the Sandbourne Santa Monica, Autograph Collection. With an emphasis on engaging all five senses, Sandbourne Santa Monica is a multisensory property and will join the Latitudes: Lifestyles by Crescent portfolio. Situated with access to Santa Monica Beach, Sandbourne offers a coastal location where urban meets beach. Designed by Architect Gulla Jónsdóttir, the 175 guestroom property blends natural textures, sculptural elements, and décor featuring clay pottery, […]
The post Sandbourne Santa Monica, Autograph Collection Opens appeared first on LODGING Magazine.
ATLANTA—Davidson Hospitality Group has been selected by InSite Development Group and Quadrum Global to manage the newly opened Renaissance Orlando Resort. Located in Disney Springs, Florida, the property is an official Walt Disney World Hotel and is comprised of 394 newly reimagined rooms; more than 20,000 square feet of indoor meeting space, a zero-entry pool and hot tub; and a farm-to-table restaurant. “We are delighted to continue growing our footprint in the beautiful state of […]
The post Davidson Hospitality Group to Manage Renaissance Orlando Resort appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported higher performance results from the previous week but mixed comparisons year over year, according to CoStar’s latest data through June 8, 2024. U.S. Hotel Performance June 2-8, 2024 Percentage change from comparable week in 2023:Occupancy: 69.1 percent (down 0.1 percent)ADR: $160.90 (up 1.8 percent)RevPAR: $111.26 (up 1.7 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 14.8 percent to 71.1 percent) and RevPAR (up […]
The post CoStar: U.S. Hotel Performance Rises Over Previous Week appeared first on LODGING Magazine.
President of Coakley & Williams (C&W) Hotel Management Company Mark Williams is at the helm of the business that has been in his family since its founding in 1961 with a handshake between his grandfather Fred Williams and his partner Neil Coakley. He described for LODGING how he and his company have developed over the years, including the formation of a strategic partnership with Hotel Equities, where his title is currently SVP business development for […]
The post Legacy Leading: C&W President Mark Williams on Taking Care of Family Business appeared first on LODGING Magazine.
Kimpton Hotels & Restaurants announced a partnership with Kauai’s landmark Coco Palms Resort, establishing the first location in Hawaii for IHG Hotels & Resorts’ luxury and lifestyle portfolio. Following a historically sensitive restoration of the property, Coco Palms, A Kimpton Resort, will become an inspiring tropical retreat for travelers and the Kauai community. The transformed resort is anticipated to open in 2026. Located amidst the valley of Wailua along its shoreline, Coco Palms is owned […]
The post IHG Establishes First Luxury & Lifestyle Location in Hawaii appeared first on LODGING Magazine.
BOISE, Idaho—Resolute Road Hospitality announced the addition of the Hilton Garden Inn Missoula to its managed portfolio. The addition of this hotel in Missoula, Montana, will expand Resolute Road’s footprint to seven states across the US. The six-story, 146-key Hilton Garden Inn Missoula offers a comprehensive range of amenities, including a full-service restaurant, 24-hour fitness center, indoor pool, on-site casino and bar, and 22,000 square feet of versatile meeting space, making it the second largest […]
The post Resolute Road Hospitality Adds Hilton Garden Inn Missoula to Managed Portfolio appeared first on LODGING Magazine.
WASHINGTON—The U.S. House of Representatives passed the No Hidden FEES Act, an American Hotel & Lodging Association (AHLA) legislative priority that would ensure lodging cost transparency for consumers. The legislation would establish a comprehensive single standard for transparent and mandatory fee displays across the lodging industry—from short-term rental platforms to online travel agencies, metasearch sites, and hotels. The bill, introduced by Reps. Young Kim, R-Calif., and Kathy Castor, D-Fla., was approved unanimously by the House […]
The post AHLA: U.S. House of Representatives Passes No Hidden FEES Act appeared first on LODGING Magazine.
Concord Hospitality announced the promotion of Kristie Byrd to divisional vice president of sales and marketing. Byrd’s portfolio spans brands including Marriott, Hilton, Choice, Hyatt, and IHG, which she will continue to oversee in her new role. Hospitality America promoted Justin Deyo to corporate director of operations. Deyo joined Hospitality America in 2013 and recently served as general manager for two hotels in Columbia, South Carolina. Dieter Schmitz joined the Sofitel New York team as […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
The rising number of electric vehicles on the road is welcome news from an environmental perspective and increases the business opportunity for hoteliers willing to invest in EV charging stations. MarketWatch.com reports that about 1.6 million electric vehicles were sold in the United States in 2023, a 60 percent increase from the one million sold nationwide in 2022. Electric vehicles now represent about 7 percent to 8 percent of new vehicles sold, while a few […]
The post Current Demand: ROI for EV Chargers Is More Promising Than Ever appeared first on LODGING Magazine.
DALLAS, Texas—Coury Hospitality continues to grow its portfolio of boutique hotels with a pipeline of new openings and developments across the United States. “We are honored that the industry’s leading owners and developers continue to choose Coury as their partner for designing, developing, and operating new lifestyle hotels. Our signature services and ability to create unmatched moments delight guests and locals while enhancing revenue and delivering significant value for our partners,” said Paul Coury, CEO […]
The post Coury Hospitality Details Recent U.S. Openings and Developments appeared first on LODGING Magazine.
SAN DIEGO, California—Fairmont Grand Del Mar unveiled its newly reimagined lobby lounge, library, and bar in partnership with Los Angeles-based design firm Bishop Pass. “The Fairmont Grand Del Mar has long been a place of timeless opulence and luxury, with magic unveiled at every corner of the property. In keeping with that tradition, our newly renovated lobby lounge sets the tone for intimate gatherings, elevated programming, and exclusive food and beverage offerings,” said Nathan Pierce, […]
The post Fairmont Grand Del Mar Shares Details of Lobby Lounge Renovation appeared first on LODGING Magazine.
ATLANTA—Officials of Whitestone Companies announced the acquisition of the 275-room Le Méridien Atlanta Perimeter in partnership with Shaner Hotels. “With the addition of Le Méridien Atlanta Perimeter, we further cement our portfolio of hotels with well-respected owners and brands,” said Plato Ghinos, president, Shaner Hotels. “This hotel expands our presence in Georgia, creating economies of scale and the ability to share best practices which will have an immediate positive impact on Le Méridien’s performance.” Located […]
The post Whitestone Companies and Shaner Hotels Acquire Le Méridien Atlanta Perimeter appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) reported U.S. hotels added 700 jobs to their payrolls in May, according to the latest government data that shows the nationwide workforce shortage continues to make it difficult for hotels to fill open jobs. Total hotel employment stands at about 1.92 million according to the Bureau of Labor Statistics. That’s 191,500 fewer workers in the industry than in February 2020, just before the pandemic hit, a shortfall that […]
The post AHLA: U.S. Hotels Add 700 Jobs in May, Workforce Shortage Continues appeared first on LODGING Magazine.
Although we are well into the new year, the global hotel industry is still facing many of the same struggles from years past, including staffing shortages. Those shortages are pushing hotels to increase pay and benefits to compete for available labor. When looking at the United States, average hourly earnings for employees in the leisure and hospitality sector are the highest they have ever been—averaging $23.37 in 2023 and hitting $23.86 in January 2024, according […]
The post A Lens on Labor: Growing Costs Remain a Setback for the U.S. Hotel Industry appeared first on LODGING Magazine.
COLUMBUS, Ohio—Red Roof promoted Lisa Jordan to vice president of marketing. With nearly 20 years in the hospitality industry, Jordan joined Red Roof in 2021 to lead an integrated digital marketing team. Her leadership has spanned the company’s digital platforms from web to advertising to social media. She played a role in enhancing Red Roof’s website and collaborated with communication, sales, revenue management, and operations to create an improved customer experience and drive revenue. “I […]
The post Red Roof Promotes Lisa Jordan to Vice President of Marketing appeared first on LODGING Magazine.
LONDON—The Access Group added SHR to its AI-powered end-to-end platform for hotels. Access will pair SHR’s capabilities with those of Guestline, a property management software (PMS) with customers across DACH and Europe, which it acquired last year. SHR’s 2,000 hotel customers will join Guestline’s 3,000 properties, with all clients of the Access Hospitality division. The acquisition of SHR, based in Houston, Texas, will enable Access to make further inroads into the U.S. market and serve […]
The post The Access Group Acquires SHR appeared first on LODGING Magazine.
BOISE, Idaho—Resolute Road Hospitality announced a strategic partnership with Virga Capital to manage the Residence Inn by Marriott Boise West. This addition expands Resolute Road’s management footprint in Idaho, where it already manages hotels in Boise, Twin Falls, and Coeur d’Alene. The 104-key property is located near Boise State University, Boise Towne Square Mall, Boise Airport, Downtown Boise, and Micron Technology Inc. Its extended-stay style and modern amenities make it for both corporate and leisure […]
The post Resolute Road Hospitality to Manage Residence Inn by Marriott Boise West appeared first on LODGING Magazine.
WASHINGTON—Due to Memorial Day, the U.S. hotel industry reported lower performance results from the previous week but slightly positive comparisons year over year, according to CoStar’s latest data through June 1, 2024. U.S. Hotel Performance May 26-June 1, 2024 Percentage change from comparable week in 2023:Occupancy: 62.0 percent (up 0.9 percent)ADR: $150.87 (up 0.1 percent)RevPAR: $93.50 (up 1.0 percent) Among the Top 25 Markets, New Orleans saw the highest year-over-year occupancy lift (up 17.8 percent […]
The post CoStar: Memorial Day Impacts U.S. Weekly Hotel Performance appeared first on LODGING Magazine.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. expanded its Everhome Suites brand with recent groundbreakings in Portsmouth, New Hampshire; Rochester, New York; and Somerset, New Jersey, developed in collaboration with Highside Companies. Within the extended-stay category, Choice has nearly 480 hotels open and more than 400 properties in the pipeline across its four extended-stay brands as of the first quarter of 2024. “With three new properties breaking ground in key high-barrier-to-entry Northeast markets, Choice is continuing […]
The post Choice Hotels Expands Everhome Suites Presence in the Northeast appeared first on LODGING Magazine.
ABERDEEN, South Dakota—My Place Hotels of America has opened My Place Hotels-Grand Rapids, Minnesota. This is the brand’s second hotel to open in Minnesota and the 71st opened and operating My Place property in the United States. The hotel is owned by Iron Range MP, LLC, was developed by Legacy Development, LLC, and is managed by Legacy Management, LLC. The 63-key property was designed by The Richardson Design Partnership using the My Place “Chalet” prototype, […]
The post My Place Hotels of America Opens New Property in Grand Rapids, Minnesota appeared first on LODGING Magazine.
NORWALK, Connecticut—HEI Hotels & Resorts added The American Hotel Atlanta Downtown, Tapestry Collection by Hilton to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta, Georgia, market to 15. The 315-key Tapestry Collection hotel is in the downtown Fairlie District and is near attractions such as State Farm Arena, Mercedes-Benz Stadium, and Centennial Park. The hotel, which has an outdoor pool, fitness center, on-site restaurant, bar Social62, and more than 20,000 […]
The post HEI Hotels & Resorts Adds The American Hotel Atlanta Downtown to Its Portfolio appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland reported that Las Vegas, Nevada took the lead in group business with a solid 18.5 percent growth in May year-over-year (YOY). Oahu Island, Hawaii pulled in second at 17.9 percent YOY growth. The average space used for meetings in the Top 25 markets was 3,615 square feet, and secondary markets were at 3,625 square feet. Average attendees were 128 in the Top 25, while secondary markets averaged 127 attendees.
The post Knowland: Las Vegas Led Group Business in May appeared first on LODGING Magazine.
Stonebridge Companies, LLC announced the appointment of Rob Smith as president and CEO. Find more information here. Aimbridge Hospitality appointed William Davenport as chief financial officer. Find more information here. Timbers Company appointed Brian Corbett as chief operating officer. Corbett will lead operations and drive initiatives to further the company’s guest and owner experience across its portfolio. Concord Hospitality announced the recent promotion of Farrah Staub to regional vice president of sales and marketing. Staub […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
In 2022, the Westin La Paloma Resort and Spa embarked on a three-phase renovation led by design company Cole Martinez Curtis and Associates (CMCA), who originally renovated the Tucson, Arizona resort about 10 years prior. The first phase, completed in early February 2023, focused on enhancing the La Paloma Country Club, guestrooms, and suites, including the San Xavier Suite—named after the nearby Mission San Xavier del Bac. Existing case goods, bathrooms, kitchens, and most wall […]
The post A Re-envisioned Room With a View appeared first on LODGING Magazine.
Amadeus and Accor expanded their strategic partnership, with Accor implementing Amadeus’ Central Reservation System (ACRS) for its portfolio of properties globally. Amadeus’ cloud-based technology will help Accor grow revenues, maximize distribution strategies, and build more personalized connections with guests. Accor’s distribution strategy aims at moving to tomorrow’s distribution and driving more business to its hotels while optimizing the cost of distribution. Amadeus will provide technology capabilities, including cloud, connectivity solutions, and an enhanced user experience. […]
The post Accor Implements Amadeus’ Central Reservation System Globally appeared first on LODGING Magazine.
SCOTTSDALE, Arizona—Hard Rock International announced development plans for REVERB by Hard Rock Scottsdale, a music-themed hospitality experience with entertainment and outdoor spaces, 195 guestrooms, an outdoor pool, a rooftop bar, and more. The $60 million project in partnership with ERES Capital is expected to open in late spring/early summer 2026, anchoring The Sydney, a mixed-use entertainment-focused development in Scottsdale’s 101 Entertainment Corridor. REVERB by Hard Rock Scottsdale will be a contemporary hotel connecting today’s travelers […]
The post Hard Rock International Details Development Plans for Scottsdale Property appeared first on LODGING Magazine.
NEW YORK—Smith Hill Capital and Bain Capital Special Situations announced the closing of an approximately $111 million first mortgage loan secured by a portfolio of four hotel properties. The 954-room portfolio includes the Marriott Bridgewater in Bridgewater, New Jersey; W Atlanta Downtown in Atlanta, Georgia; Embassy Suites Walnut Creek in Walnut Creek, California; and Embassy Suites Flagstaff in Flagstaff, Arizona. The financing was originated and executed by the joint venture of Smith Hill and Bain […]
The post Smith Hill Capital and Bain Capital Share Financing for Four Hotels appeared first on LODGING Magazine.
PLANO, Texas—Aimbridge Hospitality announced William Davenport as its new chief financial officer, effective July 8. Davenport will sit on the organization’s executive leadership team and report directly to Craig S. Smith, CEO. As chief financial officer, Davenport will oversee the financial management of the company and have direct responsibility for accounting, financial planning and analysis, compliance, tax, treasury, and procurement. He will use more than three decades of experience across high-growth businesses in hospitality, restaurants, […]
The post Aimbridge Hospitality Names William Davenport Chief Financial Officer appeared first on LODGING Magazine.
WEST PALM BEACH, Florida—Chatham Lodging Trust announced that the company has acquired the recently opened, 148-room Home2 Suites by Hilton Phoenix Downtown for $43.3 million or approximately $293,000 per room. The institutional quality, six-story hotel sits in downtown Phoenix and includes the Fuller Paint Company Building that houses the hotel’s public spaces, including a food and beverage outlet. Upon stabilization, the acquisition is expected to produce RevPAR in excess of $150 and generate an estimated […]
The post Chatham Lodging Trust Acquires Home2 Suites by Hilton Phoenix Downtown appeared first on LODGING Magazine.
Among the many topical sessions at the 46th Annual NYU International Hospitality Industry Investment Conference was “Return on Sustainability: What Is the Value of Integrating ESG Into Investment Strategies?” Panelists Anne Becker-Olins, global head of design & technical services luxury, Accor; Benedetta Cassinelli, CEO, Considerate Group; and Paul Stanley, director, Corporate & Investment Banking ESG Solutions, Wells Fargo, raised several useful considerations for owners looking to invest in greening their properties, beginning with the importance of taking […]
The post NYU Conference Panelists Discuss Why and How to Go Green appeared first on LODGING Magazine.
Marriott International, Inc. announced plans to convert three luxury properties in the United States to brands within the Marriott Bonvoy portfolio. The Resort at Pelican Hill, Turtle Bay Resort, and a Midtown hotel in New York City are all expected to join Marriott Bonvoy’s luxury brands this summer. “In the last few weeks, we finalized deals for conversions of three incredible properties, adding over 1,000 rooms to our system and continuing to underscore our commitment […]
The post Marriott to Convert Three U.S. Properties to Branded Hotels appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation reported its pipeline has grown by nearly 85 percent since 2017, reaching a record 129,000 rooms. Hyatt has doubled luxury rooms, tripled resort rooms, and quintupled lifestyle rooms since 2017. “Hyatt’s ability to lead the industry in net rooms growth for seven years is a result of our unique approach to development,” said Mark Hoplamazian, president and CEO, Hyatt. “We strategically expand our portfolio of brands, intentionally selecting new and existing markets […]
The post Hyatt Pipeline Grows 85 Percent Since 2017, Reaches 129,000 Rooms appeared first on LODGING Magazine.
FLORENCE, South Carolina—Raines entered a joint venture with Atlantic Hotels Group that adds 16 properties to Raines’ management portfolio and expands the company’s operations into the Texas market. This deal was spearheaded by Kerry Ranson, partner and president of operations at Raines, and Perry Molubhoy, CEO of Atlantic Hotels Group, who have a personal and professional relationship that spans nearly two decades. Discussions regarding potential joint ventures had been ongoing, borne from a mutual vision […]
The post Raines Adds 16 Properties in Joint Venture With Atlantic Hotels Group appeared first on LODGING Magazine.
Convening at the Marriott Marquis in New York City, the 46th Annual NYU International Hospitality Industry Investment Conference is themed “Driving Alpha” to express a positive outlook on the hospitality industry, tempered by recognizing ongoing challenges. In his opening remarks today, Jonathan Tisch, CEO of Loews Hotels, noted, “We face challenges like everybody else, pressure on the bottom line, inflation, worker shortages, expenses, rising taxes—all come together in the hotel industry. … But hopefully when […]
The post 46th NYU Hospitality Conference Opening Talks Highlight Labor Challenges and Opportunities appeared first on LODGING Magazine.
NEWTON, Massachusettes—Sonesta International Hotels Corporation announced the debut of its unified loyalty program, Sonesta Travel Pass, and combined website, ushering in a new era for its six million members worldwide. Following Sonesta’s acquisition of Red Lion Hotels Corporation, the updated website brings Sonesta’s brands, including Royal Sonesta, Sonesta Hotels & Resorts, and Sonesta ES Suites, together with the Red Lion brands, including the eponymous Red Lion Hotel, Americas Best Value Inn, and Signature Inn under […]
The post Sonesta Travel Pass Debuts as Company’s Unified Loyalty Program appeared first on LODGING Magazine.
MCLEAN, Virginia—With nearly 350 existing lifestyle hotels and another 350 expected to join the portfolio by 2028, Hilton is set to double its presence in the lifestyle category in the next four years. The recent addition of Graduate Hotels and NoMad to Hilton’s portfolio, coupled with increasing guest and owner demand, has positioned the company to accelerate lifestyle category growth. After adding more than 50 new lifestyle hotels and approving another 100 in 2023, Hilton […]
The post Hilton’s Lifestyle Portfolio Expected to Double to 700 by 2028 appeared first on LODGING Magazine.
Project HQ Hotels & Residences, the smart lifestyle hospitality spearheaded by Sam Nazarian through an alliance with Wyndham Hotels & Resorts, announced a series of groundbreaking deals and strategic partnerships. The first hotels in HQ’s brand portfolio will be based in Montreux, Switzerland, and Detroit, Michigan. Building on nearly two decades of expertise in the smart lifestyle sector, Project HQ is set to focus on innovation and a blend of cultural and smart lifestyle elements. […]
The post Project HQ Hotels & Residences Shares Details of First Two Hotels appeared first on LODGING Magazine.
NEW YORK—STR and Tourism Economics made significant downward adjustments to the 2024-2025 U.S. hotel forecast released at the 46th annual NYU International Hospitality Industry Investment Conference. The latest revision reflects lower-than-expected performance thus far in 2024 and lessened growth projections for the remainder of the year. For 2024, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were downgraded 1.0 percentage points and 2.1 percentage points, respectively. Occupancy for the year […]
The post STR, Tourism Economics Downgrade 2024-2025 U.S. Hotel Forecast appeared first on LODGING Magazine.
No matter how stunning the views from a resort hotel or how convenient a location, all hotels are vulnerable to fire, power outages, weather-related natural disasters, and active intruder incidents. Preparing for disasters and emergency situations is crucial for hotel security teams. Having a solid emergency and disaster recovery plan helps to minimize operational disruptions with the aim of saving lives. Hotels have hundreds to thousands of keys on site for mechanical and storage rooms, […]
The post 3 Tips for Hotel Emergency Planning Using Key Control appeared first on LODGING Magazine.
The Q1 2024 Global Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE) revealed that the total global pipeline hit an all-time high for room counts and highlighted an increase in full-service projects at the close of the first quarter. LE analysts reported that, in Q1, the total global pipeline stood at 15,366 projects/2,382,195 rooms, a 6 percent increase in projects, and a 3 percent increase in rooms year-over-year (YOY). There were 6,195 projects/1,101,602 rooms […]
The post LE: Global Hotel Construction Pipeline Hits All-Time High for Room Counts appeared first on LODGING Magazine.
GERMANTOWN, Tennessee—McNeill Hotel Company announced renovations for two managed properties in Florida: the Home2 Suites by Hilton Destin and the Home2 Suites by Hilton Gainesville Medical Center. McNeill Hotel Company President Travis Murray announced the property improvement program. Renovations are already completed at the Home2 Suites Destin, which is nearby public beaches and recreational attractions. Renovations are currently underway at Home2 Suites Gainesville Medical Center, which is two miles from the University of Florida campus […]
The post McNeill Hotel Company Shares Renovation Details of Two Hotels appeared first on LODGING Magazine.
The U.S. hotel industry reported mixed performance results from the previous week but positive comparisons year over year, according to CoStar’s latest data through May 25, 2024. U.S. Hotel Performance May 19-25, 2024 Percentage change from comparable week in 2023:Occupancy: 67.7 percent (up 1.6 percent)ADR: $160.67 (up 2.3 percent)RevPAR: $108.73 (up 3.9 percent) Among the Top 25 Markets, Houston saw the highest year-over-year increases in occupancy (up 20.9 percent to 74.1 percent) and RevPAR (up […]
The post CoStar: U.S. Hotel Industry Continues to Show Mixed Weekly Results appeared first on LODGING Magazine.
DENVER, Colorado—Stonebridge Companies, LLC announced the appointment of Rob Smith as president and CEO. Smith will join the company in July to oversee the operations of Stonebridge. He will lead the development and execution of the organization’s long-term strategies and report to Stonebridge’s Board of Directors. Smith will succeed Navin Dimond, who founded Stonebridge in 1991, and will, upon Smith’s appointment, be elevated to the role of chairman. “I am thrilled to lead the immensely […]
The post Stonebridge Names Rob Smith President and CEO appeared first on LODGING Magazine.
PALMA, Spain—Hotelbeds formalized a strategic partnership with Palladium Hotel Group to update the distribution of its properties across Europe. The partnership will provide travel professionals with access to a selection of Palladium Hotel Group’s accommodations. Hotelbeds will offer its B2B clients a portfolio of properties across Europe, including destinations such as the Costa del Sol, Ibiza, Menorca, Sicily, and Tenerife. “This agreement with Palladium Hotel Group marks a significant milestone in our continuing partnership,” said […]
The post Hotelbeds and Palladium Hotel Group Update Partnership appeared first on LODGING Magazine.
While hotel executives concede that the labor market has improved since bottoming out during the pandemic just a few years ago, they still acknowledge that several challenges exist, not the least of which is rising wages as well as difficulty finding and retaining employees. Robert Habeeb, president/CEO, Maverick Hotels & Restaurants, confirmed that “labor has been the big story” during the post-COVID era and detailed how the market has evolved over the last few years. […]
The post Labor Pains: Rising Wages, Difficulty Finding Employees Among Top Hotel Company Concerns appeared first on LODGING Magazine.
Lodging Econometrics (LE) released the latest hotel development for the New York market before the NYU International Hospitality Industry Investment Conference (NYU Conference). In the Q1 2024 LE Market Trend Report for New York, analysts report the market had 78 projects/13,549 rooms in the hotel construction pipeline, the 10th largest pipeline by projects of any market in the United States. Of the top 50 markets in the United States, the New York market led with […]
The post LE: New York Leads Top 50 U.S. Markets in Under-Construction Hotels appeared first on LODGING Magazine.
MIAMI, Florida—Waramaug Hospitality, in a joint venture with Franklin Real Asset Advisors, announced it acquired the Austin Marriott North, a 295-key full-service hotel located in Round Rock, Texas, with proximity to downtown Austin. Ferit Ferhangil, CEO, Waramaug, commented, “The Austin Marriott North perfectly aligns with our vision of investing in premium-branded hotels in high-growth markets. This acquisition further solidifies our commitment to delivering exceptional hospitality experiences while maximizing returns for our partners and investors.” Marc […]
The post Waramaug Hospitality Acquires Austin Marriott North appeared first on LODGING Magazine.
WorldVue announced the addition of Scott Jamison as senior vice president and chief experience officer. Jamison has over 25 years of technical, management, executive, and business development experience. Marcus Hotels & Resorts announced Lynette Knutson has been appointed as general manager of Hilton Madison Monona Terrace. Knutson was most recently the general manager of the DoubleTree by Hilton Madison East. The Royal Hawaiian, a Luxury Collection Resort, Waikiki, announced the promotion of Nicole Okuna to […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
The scarcity of employees has long been the primary labor concern for U.S. hoteliers, even before the onset of the COVID-19 pandemic. Historically, jobs in the lodging industry have had a negative perception as being too physically demanding, requiring excessively long hours, and requiring work on weekends and holidays. The shortage of personnel was exaggerated during 2021 and 2022 as many of the employees that were laid off during the pandemic in 2020 opted not […]
The post New Labor Challenges: Analyzing the Impact of Higher Wage Rates and Workforce Trends in 2023 appeared first on LODGING Magazine.
NEW SHOREHAM, Rhode Island—Upon reopening for the summer season, Lark Hotels’ oceanfront Rhode Island hotel, Block Island Beach House, announced its expansion with three new offerings for the 2024 season: nine private accommodations at its newly renovated building, four new suites in Gables Guest House, and a new onsite breakfast and brunch destination, Coffee & Cocktails. An 18-seat bar and restaurant located within the Surf Hotel building, Coffee & Cocktails, offers smoothies, breakfast bowls, toasts, […]
The post Block Island Beach House Expands With Three New Offerings appeared first on LODGING Magazine.
The term “gig tripping” is typically used to describe travel planned specifically by fans bent on catching their favorite artists at out-of-town locations. However, beyond a welcome but brief spike in room rates, what might be more broadly termed event-driven travel has the potential to bring in guests who couple the main event with extra days spent exploring the host city and enjoying the services of hotels that can enhance the experience. LODGING recently explored […]
The post Fan-Based Travel: Getting Onboard With the ‘Gig Tripping’ Trend appeared first on LODGING Magazine.
PHOENIX, Arizona—BWH Hotels announced plans for the growth of its portfolio in the Middle East in 2024 and beyond. On the heels of an appearance at the Arabian Travel Market in Dubai, which saw BWH execute signings of brand-new management deals in Saudi Arabia, BWH will soon bring eight new hotels and one new branded residence in the region into its portfolio of brands, with other development prospects in the works. BWH is demonstrating its […]
The post BWH Hotels Focuses on 2024 Growth in the Middle East appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced it has been selected to manage two upscale independent properties in Washington, D.C. The Glover Park Hotel and The Graham Hotel, both located in the Georgetown neighborhood, will be managed within the INTERA Collection by TPG Hotel and Resorts. “These exceptional assets are set to redefine upscale hospitality by offering unparalleled experiences that embody the history and uniqueness of their surroundings,” said Ben Perelmuter, president of TPG Hotels […]
The post TPG Hotels & Resorts to Manage Two Washington, D.C. Hotels appeared first on LODGING Magazine.
The inaugural Extended Stay Hotel Forum, held last Tuesday at the Union League Club in Manhattan, New York City, focused on development, ownership, and operation in the vibrant extended-stay segment, which comprises more than 51 percent of hotels currently being financed. The event included nine sessions covering trends and strategies in areas such as the economy and lifestyle & luxury segments, site selection and investment, branding, new construction and conversion, revenue management and sales, and […]
The post NYC Extended Stay Forum Showcases Segment’s Resilience, Growth Outlook appeared first on LODGING Magazine.
The most important step a company can take on its journey toward sustainability is the first one. Setting sustainability as a goal is a great place to start and makes sense for hotels, as a growing number of guests are seeking sustainable accommodations and becoming more environmentally friendly can save hoteliers money. Hotels face several key questions when deciding how to implement sustainability goals. How exactly should a hotel “go green”? What are the costs […]
The post Greenlighting Sustainability: AHLA Partners With Hotel Association of Canada to Operate Green Key Global appeared first on LODGING Magazine.
IHG Hotels & Resorts announced three signings across its global luxury and lifestyle portfolio in Turks & Caicos for InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, and Hotel Indigo. Developed in partnership with owner Molo Hotel Group and United Kingdom-based management group Lighthouse Hotel Management, both Slominski family-owned companies, the resorts will mark IHG’s debut on the celebrated Caribbean island and are all poised to open by 2027. Set on Turks & Caicos’ Grace […]
The post IHG Hotels & Resorts Signs Three Hotels in Turks & Caicos appeared first on LODGING Magazine.
STOCKHOLM and WASHINGTON, D.C.—InnSpire announced a strategic partnership with Optii Solutions to increase hotel staff productivity and minimize costs. Optii leverages machine learning and predictive intelligence to automate and enhance hotel housekeeping, maintenance, service delivery, and operations management. InnSpire’s new integration with Optii has been implemented at The Don CeSar, a resort in St. Pete Beach, Florida. The deployment combines both platforms to optimize both guest service and satisfaction while enhancing operational efficiency. InnSpire’s guest […]
The post InnSpire and Optii Solutions Form Strategic Partnership appeared first on LODGING Magazine.
THE VILLAGES, Florida—Hampton Inn & Suites Lady Lake/The Villages has recently completed a multi-million-dollar renovation. Led by Florida Hotel Renovations, the project began in late 2023 and includes new contemporary flooring, furniture, lighting, and décor throughout all guestrooms and communal spaces, including the lobby and dining area. “Hampton Inn & Suites Lady Lake/The Villages takes pride in providing our guests with a memorable travel experience backed by the latest innovations and amenities in hospitality,” said […]
The post Hampton Inn & Suites Lady Lake/The Villages Completes Renovation appeared first on LODGING Magazine.
SureStay Plus by Best Western Corydon | Corydon, Indiana The newly renovated SureStay Plus by Best Western Corydon welcomes guests to an Indiana community that is near attractions such as Squire Boone Caverns, Marengo Cave (a U.S. National Landmark), Turtle Run Winery, Corydon Capital State Historic Site, and Hayswood Nature Reserve. Offering guests a comfortable stay in a property with quality and character, the new SureStay houses well-appointed guestrooms complete with flat-screen televisions, microwaves, mini-fridges, […]
The post Value-Oriented Brand Opens a New Heartland Location appeared first on LODGING Magazine.
CHEVY CHASE, Maryland—PM Hotel Group announced a partnership with Procure Impact. As part of its commitment to the Dignity of Work Pledge, PM Hotel Group has pledged to create 2,000 hours of work for overlooked populations through purchases of products on the Procure Impact platform. “PM Hotel Group believes in people-first hospitality. We are proud to stand alongside Procure Impact and the AHLA in support of the Dignity of Work Pledge,” said Ryan Butler, corporate […]
The post PM Hotel Group Partners With Procure Impact to Create 2,000 Hours of Work appeared first on LODGING Magazine.
GREENVILLE, South Carolina—The Aloft Greenville Downtown recently completed a multi-million-dollar renovation refreshing its guestrooms and communal spaces. Aloft Greenville Downtown is part of ONE Greenville, a mixed-use hub providing guests with access to business offices, arts venues, and attractions like Falls Park on the Reedy, TD Convention Center, Bon Secours Wellness Arena, and Peace Center. “We are very excited to celebrate the completion of our renovation and welcome guests to experience Aloft Greenville Downtown’s new […]
The post Aloft Greenville Downtown Completes Renovation appeared first on LODGING Magazine.
DALLAS, Texas—New data from Motel 6 and Studio 6 reveals that nearly eight in 10 U.S. travelers who will drive to their summer travel destination said that driving makes the experience more enjoyable (77 percent). The study, which surveyed 2,000 U.S. travelers with summer leisure plans, also found that travelers agree there is a distinction between a “trip” and a “vacation” (80 percent). “There’s nothing better than cruising on the highway with the windows down, […]
The post Motel 6: Most U.S. Travelers Enjoy Driving to Summer Destinations appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through May 18, 2024. U.S. Hotel Performance May 12-18, 2024 Percentage change from comparable week in 2023:Occupancy: 67.4 percent (up 0.2 percent)ADR: $163.11 (up 2.6 percent)RevPAR: $109.93 (up 2.8 percent) Among the Top 25 Markets, Houston saw the only double-digit occupancy lift (up 10.5 percent to 67.9 percent). Atlanta reported the highest year-over-year […]
The post CoStar: U.S. Hotel Industry Reports Overall Higher Performance appeared first on LODGING Magazine.
Due to staffing issues and difficulties finding the right talent, the level of guest experience is slipping from what we used to offer at our hotel. What advice do you have for properties facing this challenge? In the fast-paced world of hospitality, maintaining high standards is paramount, even amidst employment challenges and the shift to remote work environments. It’s easy to get caught up in the chaos of staffing shortages or the convenience of working […]
The post Ask Anthony: Guest Experience Slippage Amid Staffing Difficulties appeared first on LODGING Magazine.
WASHINGTON, D.C.—AAA projects 43.8 million travelers will head 50 miles or more from home over the Memorial Day holiday travel period. This year’s total number of travelers is a 4 percent increase over last year and comes close to matching 2005’s record of 44 million Memorial Day travelers. “We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” said Paula Twidale, senior vice president of AAA Travel. “We’re projecting an additional […]
The post AAA: 43.8 Million Travelers Expected to Go 50 Miles or More for Memorial Day Weekend appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced an advanced data enhancement, Sub-Market Filter, to its popular Market Snapshot Report. The new filter was added to Knowland search and dashboard functions, including Market Snapshot and New-to-Market capabilities, enabling filtering down to the sub-market level within larger markets and pinpointing localized opportunities. As markets normalize and accounts evolve in the meeting and events space, hotel sales teams need detailed data analytics to help them source new business. This enhancement provides metrics […]
The post Knowland Adds Sub-Market Filter to Its Search and Dashboard Functions appeared first on LODGING Magazine.
CHICAGO—First Hospitality assumed management and operations of Hotel Ardent, Dayton, Ohio; Lively Hotel, Oklahoma City, Oklahoma; and opened Tempo by Hilton Louisville Downtown NuLu, bringing the number of lifestyle properties to 25+ in its overall portfolio of 70 hotels. First Hospitality is set to open and has assumed management of seven new restaurants, bringing the total number to 30+ restaurants in the portfolio, including its first international property, Carnivale Bahamas located on Paradise Island. First […]
The post First Hospitality Grows Management Portfolio With Three Hotels and Seven Restaurants appeared first on LODGING Magazine.
WorldVue announced the appointment of Dean Wood as senior director of sales and channel partners. In his new role, Wood is responsible for increasing market share in the United Kingdom and internationally. McNeill Hotel Company announced the promotion of Kimberly Jensen to general manager of the Homewood Suites by Hilton in Boise, Idaho. Jensen has been in the hospitality industry for over 20 years. Hawks Cay Resort announced the appointment of Joshua Torai as its […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
CHEVY CHASE, Maryland—PM Hotel Group announced the latest addition to its portfolio, Staybridge Suites by IHG Tysons in McLean, Virginia. The partnership between PM Hotel Group and the ownership group can enhance Staybridge Suites Tysons’ commitment to service and accommodations for extended-stay travelers. “Our team is thrilled to expand our footprint in the Washington DC Metro area and to further our relationship with IHG Hotels & Resorts,” said Joseph Bojanowski, president, PM Hotel Group. Staybridge […]
The post PM Hotel Group Adds Staybridge Suites Tysons to Portfolio appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation in collaboration with Interlink and Vivo Beach Club announced plans for the first Hyatt Centric branded hotel in Puerto Rico. Hyatt Centric San Juan Isla Verde will be located in the Isla Verde neighborhood, one block away from Isla Verde Beach and within walking distance of restaurants, shopping, historical landmarks, and nightlife. The hotel is currently undergoing a $25 million enhancement project to renovate all guestrooms, suites, and public spaces, which will […]
The post Hyatt Centric San Juan Isla Verde Will Be Brand’s First in Puerto Rico appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported mixed performance results from the previous month, but positive comparisons year over year, according to April 2024 data from CoStar. U.S. Hotel Performance April 2024 Percentage change from April 2023: Occupancy: 65.2 percent (up 1.2 percent)ADR: $157.31 (up 0.8 percent)RevPAR: $102.51 (up 2.0 percent) Among the Top 25 Markets, New York City experienced the highest levels in each of the three key performance metrics: occupancy (up 2.8 percent to 84.4 […]
The post CoStar: U.S. Hotel Performance Showed Mixed Results in April 2024 appeared first on LODGING Magazine.
DENVER, Colorado—Stonebridge Companies, LLC announced it acquired Real Hospitality Group, LLC. Real Hospitality Group Founder and CEO Ben Seidel will join the Stonebridge team as principal and a member of the firm’s Board of Directors. He will contribute his experience to help grow and scale the combined company’s presence nationwide. “From the day Real Hospitality Group was born 13 years ago, the growth of the company has primarily been the result of the support and […]
The post Stonebridge Companies Acquires Real Hospitality Group appeared first on LODGING Magazine.
Understanding what you need from your hotel broker is paramount to securing a smooth transaction at an optimal price. Essentially, your broker is the captain of your transaction ship, and finding the right one can make or break your deal. Of course, personality plays an important role, and no two brokers are the same: What may work for you, may not work for someone else. However, there are some key considerations that can help guide […]
The post Finding the Right Broker: 5 Qualities That Make for an Effective Partnership appeared first on LODGING Magazine.
WASHINGTON—Sixty-one percent of U.S. travelers are planning overnight for leisure in the next four months and 34 percent expect to increase their overnight leisure travel this summer compared to last year, according to a new survey commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. The poll found that 31 percent of U.S. travelers said they plan to increase their number of hotel stays this summer compared to last summer. […]
The post AHLA: 61 Percent of U.S. Travelers Are Planning Trips for This Summer appeared first on LODGING Magazine.
Hilton and the Hilton Global Foundation, Hilton’s philanthropic arm, announced the latest progress towards their goals with the release of the 2023 Hilton Global Foundation Impact Report and the 2023 Hilton Travel with Purpose Report. Hilton’s Travel with Purpose Report outlines the company’s progress towards its Travel with Purpose environmental, social, and governance (ESG) strategy to drive responsible travel globally. Travel with Purpose outlines Hilton’s 2030 energy, water, and waste reduction targets as well as […]
The post Hilton Shares Progress Toward 2030 Travel With Purpose Goals appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the execution of 15 franchise agreements during the first quarter of 2024 spanning several of the company’s brands. “The 15 signed franchise agreements during the first quarter underscore Sonesta’s momentum as we welcome new owners into our growing portfolio and expand our market presence,” said Keith Pierce, Sonesta’s EVP and the president of franchise and development. “With a fast, friendly, and flexible approach and a seamless conversion process for […]
The post Sonesta Executes 15 Franchise Agreements During Q1 2024 appeared first on LODGING Magazine.
Red Roof shared the opening of two hotels: the Red Roof Inn Charlotte-Airport and the Red Roof Inn Doswell-Kings Dominion. More details about the openings are below. Red Roof Inn Charlotte-Airport CHARLOTTE, North Carolina—Red Roof announced the opening of the Red Roof Inn Charlotte-Airport. Owner Shree Shradhaa Saburi LLC invested approximately $700,000 in renovations to the property, which included painting the exterior, updating the guestroom bathrooms, installing new guestroom seating and a new coffee bar, […]
The post Red Roof Opens Two Hotels in North Carolina and Virginia appeared first on LODGING Magazine.
MARKHAM, Ontario—Oliver & Bonacini (O&B) Hospitality transitioned 30 restaurants, catering, and event venues across Canada to Silverware POS. The more stems from a need to update and standardize its POS systems. Silverware develops enterprise POS solutions for large venue operations and deploys systems to meet the needs of multi-revenue operations with restaurants, bars, lounges, room service, banquet, and retail facilities. O&B has locations in Toronto, Montreal, Calgary, Edmonton, and beyond. “The demands of today’s diners […]
The post Oliver & Bonacini Hospitality Transitions Restaurants to Silverware POS appeared first on LODGING Magazine.
With summer fast approaching, many traditional hotels have started gearing up for an expected increase in both occupancy and activities at their properties. But for seasonal resorts like The Inn at Diamond Cove, such efforts have been in place for months and are essential to ensure a successful summer. The hotel—which is located off the coast of Maine on Great Diamond Island in Casco Bay and can only be reached by ferry or boat from […]
The post Coastal Maine Resort Leverages Visa Programs to Gear Up for Busy Season appeared first on LODGING Magazine.
KANSAS CITY, Missouri—Bentley Legacy Holdings (BLH), through its partnership with Pendant Capital, has expanded its portfolio of boutique hotel assets with the acquisition of The Raphael Hotel, Autograph Collection, a historic Kansas City landmark blending classic with contemporary elements. Bentley Legacy Group (the management arm of BLH) has assumed management of the hotel. Located off the Country Club Plaza, The Raphael Hotel has been a Kansas City fixture since 1928, originally serving as an apartment […]
The post Bentley Legacy Holdings Acquires The Raphael Hotel, Autograph Collection appeared first on LODGING Magazine.
IHG Hotels & Resorts announced its growth in the European upscale extended-stay segment with the signing of Staybridge Suites Budapest – Parkside, Hungary; Staybridge Suites Antwerp, Belgium; and Staybridge Suites Belfast, Northern Ireland. The agreements demonstrate the popularity of the extended-stay segment amongst owners and guests. These recent additions to the Staybridge Suites portfolio will demonstrate residential-style living, giving guests everything they need to live, work, and relax for their stay away from home. Examples […]
The post IHG Signs Three Staybridge Suites in Europe appeared first on LODGING Magazine.
Revenue optimization has long been a property-defining role for hotel organizations, yet revenue professionals can often feel distant from the hotels they work with. Recognizing and elevating the people behind a hotel’s revenue performance is as vital as it is challenging. Only when revenue professionals feel a strong connection to the success of their hotel or organization can they realize their full potential. Over the past 40 years, hotel revenue optimization and the skillsets of […]
The post Elevating the People Behind Your Revenue appeared first on LODGING Magazine.
KISSIMMEE, Florida—Rentyl Resorts and Davidson Hospitality Group have partnered on a condominium project with Embassy Suites. Embassy Suites by Hilton Orlando Sunset Walk is a five-building condominium project developed by Sunset Walk Residences, LLC. Rentyl and Davidson will be responsible for the onsite management, sales, marketing, revenue, and call center management of the units. Located in Kissimmee, Florida, the project totals 317 units with options for either studio, one, or two-bedroom condos ranging from 514 […]
The post Rentyl Resorts and Davidson Partner on Condo Project With Embassy Suites appeared first on LODGING Magazine.
DALLAS, Texas—CBRE expects revenue per available room (RevPAR) growth to improve in the second half of 2024, following a weaker-than-expected first quarter. CBRE’s latest forecast projects a 2.0 percent increase in RevPAR growth for 2024, down from the 3.0 percent estimated in February 2024. RevPAR is now expected to grow by 3.0 percent for the remainder of the year, driven by international tourists, holiday travel, and limited supply growth. CBRE forecasts GDP growth of 2.3 […]
The post CBRE: RevPAR Growth Predicted to Improve in the Second Half of 2024 appeared first on LODGING Magazine.
HUNTSVILLE, Alabama, and ALPHARETTA, Georgia—The Embassy Suites by Hilton Huntsville has completed a two-phase, multimillion-dollar renovation. A sky bridge connects the 295-key hotel to the Von Braun Center and sits adjacent to Big Spring International Park. The Embassy Suites Huntsville is operated by Atrium Hospitality. The hotel renovation included: “For 18 years, the Embassy Suites by Hilton Huntsville has served as an award-winning hospitality provider in Huntsville, positively impacting the city’s economy,” said Larry Cooper, […]
The post Embassy Suites by Hilton Huntsville Completes Renovation appeared first on LODGING Magazine.
Wyndham Hotels & Resorts appointed Amit Sripathi as chief development officer reporting to the company’s president and CEO, Geoff Ballotti. Sripathi will lead Wyndham’s North American franchise sales team. “Amit’s deep experience in mergers and acquisitions and capital markets focused on the real estate and hospitality sectors at Deutsche Bank and RLJ Lodging are instrumental as we increase our focus on growing our midscale-and-above portfolio while reinforcing our leading position in the resilient select-service segments,” […]
The post Wyndham Hotels & Resorts Appoints Amit Sripathi Chief Development Officer appeared first on LODGING Magazine.
CHICAGO, Illinois—Maverick Hotels and Restaurants announced that it is now managing The Last Hotel STL in Saint Louis, Missouri. Maverick founder and CEO Robert Habeeb made the announcement. The Last Hotel STL has an architectural history and shows the preservation, restoration, and reinvention of the International Shoe Company. Originally opened in 1909, the building has stone carvings, metalwork, and terrazzo floors all in the Neoclassical and Art Deco styles. Combining historic details and modern interiors, […]
The post The Last Hotel STL Names Maverick Hotels and Restaurants Manager appeared first on LODGING Magazine.
WASHINGTON—The U.S. hotel industry reported higher performance from the previous week and positive comparisons year over year, according to CoStar’s latest data through May 11, 2024. U.S. Hotel Performance May 5-11, 2024 Percentage change from comparable week in 2023:Occupancy: 66.1 percent (up 2.1 percent)ADR: $162.14 (up 4.4 percent)RevPAR: $107.24 (up 6.6 percent) Among the Top 25 Markets, San Francisco reported the highest year-over-year increases in each of the three key performance metrics: occupancy (up 20.6 […]
The post CoStar: U.S. Hotel Industry Posts Higher Performance From Previous Week appeared first on LODGING Magazine.
Brand launches have been commonplace for Hilton over the past few years, but within the last few months, the company has fortified its lineup by other means with both an acquisition as well as a comprehensive rebranding effort. Bolstering its presence in the trendy lifestyle segment, the mega-brand company in March announced an agreement to acquire the Graduate Hotels brand from AJ Capital. Just days later, the company announced a new prototype and branding campaign […]
The post Hilton Bolsters Lineup With Acquisition, Repositioning appeared first on LODGING Magazine.
AUSTIN, Texas—Oracle Hospitality announced that it has signed an agreement with Choice Hotels International to extend its AI-powered merchandising solution Oracle Nor1 to its portfolio of upscale hotels to help them capitalize on incremental revenue opportunities. With applied AI built into the system, each hotel can present targeted offers via its mobile app or digital marketing channels with relevant and targeted options to have a probability of conversion. This includes offers during the guest’s journey, […]
The post Oracle Hospitality Teams Up With Choice Hotels to Extend Nor1 Offering appeared first on LODGING Magazine.
ORLANDO, Florida—Margaritaville and Grupo Los Pueblos announced a new beachfront condo destination in Playa Caracol. Set to debut in mid-2027, Margaritaville Beach Resort & Residences Playa Caracol will blend local cultural and architectural traditions to offer an experience in design and food and beverage while embracing Margaritaville amenities such as 5 o’Clock Somewhere Bar and License to Chill Bar & Grill. Designed by The McBride Company, the location will offer both full-time living and rental […]
The post Margaritaville Beach Resort & Residences Playa Caracol to Open in 2027 appeared first on LODGING Magazine.
BETHESDA, Maryland—Stayntouch announced a new partnership with Woby, a self-order and pay web app connecting with existing POS and PMS platforms. Stayntouch integrates with Woby’s customizable web app, allowing real-time POS and PMS synchronization for a mobile-first dining experience. With Stayntouch PMS, hotels can streamline operations, automate tasks, and provide a digital guest welcome experience with mobile check-in. Woby complements this by offering a self-order and pay platform that connects with both the hotel PMS […]
The post Stayntouch Partners With Woby for Mobile-First Dining Experience appeared first on LODGING Magazine.
Aimbridge Hospitality announced Eric B. Jacobs as chief global growth officer, effective June 2, 2024. Find more details here. Omni Hotels & Resorts announced the appointment of Michael Innocentin as its chief marketing officer. Find more details here. Wild Dunes Resort, a Destination by Hyatt property, announced Terri A. Haack as managing director. Haack returns to Wild Dunes Resort after 17 years. Previously Haack was senior vice president of Lowe Corporate Headquarters. Brush Creek Ranch announced the appointment […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Prior research conducted by CBRE Hotels Research revealed that hotel management companies were rewarded handsomely as the U.S. lodging industry recovered from the COVID-19 pandemic. An analysis performed by CBRE in April 2023 found that total hotel revenue increased by 153 percent from 2020 to 2022, while gross operating profits (GOP) grew by 437 percent. This resulted in a 68 percent increase in the fees paid to management companies and brought management fees back to […]
The post Compensation Declaration: Why the Growth of Management Company Fees Slowed in 2023 appeared first on LODGING Magazine.
CHARLESTON, South Carolina—The Indigo Road Hospitality Group has opened The George Hotel, a 56-key boutique property in Georgetown, South Carolina. The George represents milestones for both The Indigo Road and the city of Georgetown—it is the first hotel to open and operate on the city’s Front Street in more than 50 years, as well as The Indigo Road’s first property to open in the company’s home state of South Carolina. The hotel was developed by […]
The post The George Hotel Opens in Georgetown, South Carolina appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland reported that Nashville saw an uptick in meetings and events in April, growing 38.0 percent year-over-year (YOY). Las Vegas continued a steady climb with 22.8 percent YOY growth. This data is sourced from Knowland’s sales intelligence platform. Overall meeting volume growth was flat for the industry at a 1.3 percent increase YOY. The average space used for meetings in the Top 25 markets was 3,768 square feet, and secondary markets were at 3,684 […]
The post Knowland: Nashville Leads Meetings and Events Volume in April appeared first on LODGING Magazine.
WASHINGTON—U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through May 4, 2024. U.S. hotel performance showed lower results from the week ending April 27, 2024. U.S. Hotel Performance April 28- May 4, 2024 Percentage change from comparable week in 2023:Occupancy: 64.4 percent (down 0.8 percent)ADR: $159.97 (up 1.3 percent)RevPAR: $103.09 (up 0.5 percent) Among the Top 25 Markets, Seattle reported the highest year-over-year increase in occupancy (up 8.1 […]
The post CoStar: Mixed Results Continue for U.S. Hotel Performance appeared first on LODGING Magazine.
PLANO, Texas—Aimbridge Hospitality announced Eric B. Jacobs as chief global growth officer, effective June 2, 2024. Jacobs will sit on the organization’s executive leadership team and report directly to CEO Craig S. Smith. In this position, Jacobs is set to oversee all aspects of growth and development, leveraging his more than three decades of North American and international leadership across development, operations, brand creation, and brand positioning to grow Aimbridge’s hotel roster and help its […]
The post Aimbridge Hospitality Names Eric B. Jacobs Chief Global Growth Officer appeared first on LODGING Magazine.
Marketing is an essential and multifaceted effort that begins with creating a hotel narrative and value proposition, conveying it through physical and digital channels, and then measuring results—quantitatively when possible. As the leader of a full-service in-house agency, Michael Cady, chief marketing officer, Charlestowne Hotels, shares his recommendations in several key areas: 1. Prioritize email data. About a year and a half ago, the acquisition of customer data for remarketing purposes was compromised with new […]
The post 7 Pro Tips to Effectively Market Your Hotel appeared first on LODGING Magazine.
Booking.com reports that searches for accommodations by families for the summer travel season are already seeing an 8 percent increase as compared to last year, while flight searches globally are seeing an increase of 21 percent. These figures underscore an interest in travel this summer, as families look to make the most of the warmer months ahead. Almost two-thirds (62 percent) of families rank spending quality time as the main motivator for traveling this year, […]
The post Booking.com: Family Travel Expected to Increase in Summer 2024 appeared first on LODGING Magazine.
WASHINGTON—Placemakr announced an expansion across Texas with four new property launches, bringing the company’s total operations to over 800 units in the state. The expansion includes the acquisition of Placemakr Downtown Austin, formerly named 3Waller, a 259-unit property in the heart of downtown Austin, marking the sixth property acquisition for Placemakr. The expansion also includes Placemakr’s first smaller property launch (24 units) as part of a new brand concept, Hosted by Placemakr. Lastly, Placemakr will […]
The post Placemakr Expands Across Texas With Four New Properties appeared first on LODGING Magazine.
CHICAGO, Illinois—Hyatt Hotels Corporation reported first quarter 2024 results. Highlights include: Mark S. Hoplamazian, president and CEO of Hyatt, said, “The year is off to a great start with gross fee revenue reaching a record of $262 million in the quarter. Our pipeline also reached a new record, expanding 10 percent year-over-year to 129,000 rooms, and we realized net rooms growth of 5.5 percent. World of Hyatt membership has grown by 22 percent, reaching a […]
The post Hyatt Hotels Corporation Reports Q1 2024 Results appeared first on LODGING Magazine.
Sage Hospitality Group announced Justin Fowler as chief operating officer for Sage Restaurant Concepts, overseeing more than 50 restaurants, bars, cafes, and venues in the SCR portfolio. Hospitality Ventures Management Group announced the company has named Linda Philp as senior vice president and chief financial officer. She will be responsible for the company’s accounting, financial reporting, and risk management functions. Cloud5 Communications announced the appointment of Frank Ziller as chief technology officer. Ziller brings more […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. reported its first quarter 2024 results. Highlights include: “Building on our record 2023 financial results, we drove first quarter performance to new levels, with adjusted EBITDA and EPS increasing by 17 percent and 14 percent, year-over-year, respectively,” said Patrick Pacious, president and CEO. “These impressive results demonstrate that we are unlocking the revenue synergies from the Radisson Americas acquisition, which has meaningfully enhanced our growth profile and opened new […]
The post Choice Hotels International Reports Q1 2024 Results appeared first on LODGING Magazine.
Marriott International’s presence in the Canadian market strengthened, as the company experienced a 36 percent year-over-year increase in hotel-level leisure revenue in 2023. With 274 hotels currently open and 90 in the pipeline, several factors, including a focus on lifestyle, upper midscale, and extended-stay brands, as well as market-specific loyalty program offerings and partnerships, continue to drive the company in Canada. To meet the increased demand for leisure travel, Marriott continues to focus on the […]
The post Marriott Expands Canadian Growth in Response to Increased Leisure Demand appeared first on LODGING Magazine.
CARLSBAD, California—Stone Yard, Inc. announced its design partnership with Roger Thomas and the launch of his eponymous collection. As the first collaboration between the interior designer and the California-based furnishings manufacturer, the Roger Thomas Collection at Stone Yard, Inc. reflects Thomas’ career in hospitality design and the brand’s manufacturing capabilities. Serving high-end hospitality, residential, and commercial projects, Stone Yard, Inc. brings designs and handcrafted furnishings to its clients with its process that emulates the timeless […]
The post Stone Yard, Inc. Shares Design Partnership With Roger Thomas appeared first on LODGING Magazine.
The property management system (PMS) may be considered the “Swiss Army knife” of hotel management software, with multiple basic functions including reservations and website booking, revenue management, customer data collection, reporting and analytics, front- and back-office services, and point-of-sale services. Since consolidating systems yields more efficiencies, hotel operators often look to integrate other software tools with their PMS, such as door-lock systems, mobile apps that facilitate the guest journey, and various AI tools. “What you […]
The post Expanding the Tool Belt: PMSs Are Becoming Increasingly Powerful Through Integrations appeared first on LODGING Magazine.
HOLLYWOOD, Florida—Hard Rock International announced the global launch of Unity by Hard Rock, a loyalty program that rewards members across Hard Rock’s portfolio of more than 200 locations including hotels, casinos, cafes, and Rock Shops around the world. The brand is celebrating how its guest offerings have “Come Together” under the loyalty program with Lionel Messi, Noah Kahan, John Legend, and Shakira. They star in Hard Rock’s omnichannel marketing campaign that features The Beatles’ classic […]
The post Unity by Hard Rock Launches as Company’s Loyalty Program appeared first on LODGING Magazine.
With its acquisition of Marshall Hotels & Resorts just over two years ago, TPG Hotels & Resorts entered a new era. A host of subsequent moves and ongoing initiatives demonstrate that the longtime owner/operator is clearly “leaning in” to the changes that are designed to take it to the next level. A recently launched division for independent and lifestyle hotels, a new operational hub in Dallas, and several key personnel additions are among the highlights […]
The post Leaning In: TPG’s Perelmuter Oversees Host of Changes, New Initiatives appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton announced a partnership with ResortPass, bringing day pass packages to participating Hilton properties across the Americas. Catering to the expanding segment of individuals seeking daytime visits to resorts and hotels, Hilton and ResortPass offer access to amenities at a collection of beach resorts and urban getaways for locals and visitors alike. Ideal for those seeking a daycation or a spa experience, cruise passengers visiting a resort destination for a few hours, or travelers […]
The post Hilton Partners With ResortPass for Day Pass Packages appeared first on LODGING Magazine.
SAN FRANCISCO, California—San Francisco will become the first destination in the United States for one of Accor’s newest brands, Handwritten Collection. Owned and operated by San Francisco-based Frame Ventures, Hotel Stratford is a European-style boutique property set against the backdrop of Union Square on the Powell Street cable car line. The property becomes Accor’s third hotel in San Francisco, joining the Fairmont properties atop Nob Hill and at Ghirardelli Square. Hotel Stratford San Francisco, Handwritten […]
The post Accor to Open First U.S. Handwritten Collection Property in San Francisco appeared first on LODGING Magazine.
CHARLESTON, South Carolina, and BOCA RATON, Florida—TMGOC Ventures announced the “topping out” of the upcoming Moxy Charlotte Uptown. The moment is a milestone for the new Marriott-branded property aimed at Millennials and business travelers. Construction will be completed later this year with a grand opening scheduled for Q1 2025. The 208-key, 13-story hotel is located in uptown near the Spectrum Center and Epicentre. A feature of the new property is a rooftop lounge and patio. […]
The post TMGOC Shares ‘Topping Out’ of Moxy Charlotte Uptown appeared first on LODGING Magazine.
SPARTANBURG, South Carolina—Dennis Mitchell has been promoted to vice president of development and construction for OTO Development. He is a 17-year company veteran who has led multiple development and renovation projects. OTO Development, part of The Johnson Group, is a private hospitality company that develops, owns, and operates upscale select-service hotels throughout the continental United States. “Dennis has accrued an incredible depth and breadth of construction experience, from prototypical projects to complex builds in environmentally […]
The post OTO Development Promotes Dennis Mitchell to VP of Development & Construction appeared first on LODGING Magazine.
PALMA, Spain—Hotelbeds announced the renewal of its strategic agreement with Choice Hotels for the next three years, adding Radisson Americas properties to the TravelTech company’s portfolio. The alliance emphasizes Hotelbeds’ participation in the business-to-business hotel segment, representing 80 percent of Choice Hotels’ B2B offering. Abhijit Patel, vice president, marketing, distribution strategy, and revenue management at Choice Hotels said, “We are very excited to expand our long-standing relationship with Hotelbeds through this strategic agreement. It not […]
The post Hotelbeds Renews Partnership With Choice Hotels appeared first on LODGING Magazine.
CHEVY CHASE, Maryland—PM Hotel Group announced the publication of its sixth annual sustainability report. Topics include the strides made in the company’s environmental and social responsibility programs throughout 2023. “At PM Hotel Group, a successful sustainability program is one that has broad engagement and is embedded in every aspect of our operations,” said Joseph Bojanowski, president, PM Hotel Group. “For the sixth consecutive year, we are proud to share the results of our annual sustainability […]
The post PM Hotel Group Publishes Sixth Annual Sustainability Report appeared first on LODGING Magazine.
WASHINGTON—U.S. hotels added 1,200 jobs to their payrolls in April, according to the latest government data that shows employment in the industry is still far from pre-pandemic levels, reported the American Hotel & Lodging Association. Total hotel employment stands at about 1.92 million, according to the Bureau of Labor Statistics. That’s 193,600 fewer workers in the industry than in February 2020, just before the pandemic hit. “Hotels are doing all they can to attract and […]
The post AHLA: U.S. Hotels Added 1,200 Jobs in April appeared first on LODGING Magazine.
U.S. hotel performance has continued to inch toward normalized levels over the past three-plus quarters. The trend of normalization is evident across most data segments, but in recent months, particular attention has been drawn to group business. Even with slightly higher supply in the market, group occupancy grew year over year in each month of 2023 except for December. The gains were primarily driven by the corporate sector, as the level of rooms occupied by […]
The post Meetings Momentum: Corporate Group Business Continues to Outgrow Other Segments appeared first on LODGING Magazine.
InterContinental Hotels Group reported its first-quarter trading results, highlighted by global RevPAR gains and significant system-wide growth. Specific highlights include the following: ● Q1 global RevPAR +2.6 percent YOY, with Americas -0.3 percent, EMEAA +8.9 percent and Greater China +2.5 percent ● Average daily rate +2.3 percent, occupancy +0.2 percent pts ● Gross system size growth +5.0 percent YOY, +0.7 percent YTD; opened 6.3k rooms (46 hotels) in Q1, +11.1 percent more YOY adjusting for […]
The post InterContinental Hotels Group Reports Q1 Trading Results appeared first on LODGING Magazine.
Portland, Oregon-based Source announced its acquisition of 20-year-old Jupiter, Florida-based Berman Purchasing, Inc. The move creates a bicoastal women-led procurement firm with decades of FF&E procurement experience in all types of projects. Nicole Schmidt, Source’s founder and CEO, explains the strategic move: “We were looking for a firm that aligned with our values and operating ethos: full transparency and commitment to client relationships, with a footprint on the eastern seaboard. Stacey’s seasoned team and the […]
The post Source Acquires Berman Purchasing, Inc., Expanding the FF&E Procurement Firm appeared first on LODGING Magazine.
AHLA Foundation hosted nearly 1,000 attendees from across the hotel industry at the Hyatt Regency McCormick Place for the annual ForWard conference this week. Over three days, industry leaders gathered to share knowledge and hear from dynamic speakers focused on celebrating, championing, and creating community for women in hospitality. This year’s conference theme, “Right the Narrative,” centered on the power of storytelling and the importance of amplifying the stories and voices of women in the hotel […]
The post AHLA Foundation Hosts Annual ForWard Conference to Advance Women in Hospitality appeared first on LODGING Magazine.
Omni Atlanta Hotel at Centennial Park, an iconic landmark in the heart of downtown Atlanta, has announced a comprehensive renovation and rebranding. Inspired by Atlanta’s role as a hub for global travel, media, and transformative meetings and conventions on a global scale, this transformation marks an area leaving behind the old and rising into a new era of regeneration. The centerpiece of this renovation is the complete refurbishment of 600 rooms housed within the North Tower […]
The post Omni Atlanta Hotel at Centennial Park Unveils Renovation and Rebrand appeared first on LODGING Magazine.
Over 6,600 attendees gathered for Choice Hotels International’s 68th Annual Convention at Mandalay Bay in Las Vegas, Nevada. This year’s agenda was themed “Next Level” after the company’s marketing strategy and offered a comprehensive array of educational sessions, brand programs, and networking opportunities. Within the past five years, Choice Hotels has experienced a surge in revenue and membership expansion, driven by the integration of Radisson Hotels Americas onto its digital platforms. During that same time, […]
The post Recharged Strategies: Insights and Updates From Choice Hotels’ Annual Convention appeared first on LODGING Magazine.
Guests staying at Home2 Suites by Hilton now have access to seamless mobile ordering and delivery via Grubhub Onsite, available at nearly 600 properties nationwide. With access to Grubhub’s Marketplace of more than 355,000 merchants, guests who affiliate with their hotel will receive one free month of Grubhub+, Grubhub’s loyalty program that provides customers unlimited $0 delivery fees on eligible orders. More than 30 percent of travelers struggle with not knowing where to order food and 25 percent worry […]
The post Home2 Suites by Hilton Guests Enjoy Seamless Food Delivery Experience with Grubhub Onsite appeared first on LODGING Magazine.
Dream Downtown in New York City announced the appointment of Sean Olmstead as the new general manager. With over 24 years of experience in the hospitality industry, Olmstead will be overseeing day-to-day operations. The JW Marriott Saint Maarten Beach Resort and Spa has appointed Wendell Laurence as its head executive chef. With over 15 years of experience and native to the island of St. Maarten, Laurence officially started his role two months ago. Peachtree Group […]
The post Comings & Goings appeared first on LODGING Magazine.
Blackwells Capital LLC and Blackwells Onshore I LLC (together, “Blackwells”) collectively own 1,000 shares of Ashford Hospitality Trust, Inc. (“Ashford” or the “Company”) (NYSE: AHT) and have filed a definitive proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) in connection with its campaign urging stockholders to vote “AGAINST” the election of Monty J. Bennett, Amish Gupta, J. Robison Hays, III, Kamal Jafarnia, David W. Johnson, Frederick J. Kleisner, Sheri L. Pantermuehl, Davinder “Sonny” Sra and Alan L. Tallis to the Company’s Board […]
The post Blackwells Files Definitive Proxy Statement for Ashford Hospitality’s 2024 Annual Meeting appeared first on LODGING Magazine.
Choice Hotels International is shifting its Park Inn by Radisson brand to the premium value space, announced at its 68th Annual Convention at the Mandalay Bay in Las Vegas, Nevada. Since it acquired Radisson Hotels Americas in 2022, Choice has worked to reposition and bring value to franchisees for every brand strategically. Within the past five years alone, Choice has grown its portfolio of brands from 12 to 22. Park Inn by Radisson, specifically, fits […]
The post Choice Hotels Repositions Park Inn by Radisson Brand appeared first on LODGING Magazine.
IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, today announced the opening of its first dual-branded avid hotels and Candlewood Suites property in North Platte, Nebraska, following the prototype’s launch in 2021. Operating under the ownership of Nightcap Management, LLC, avid hotel and Candlewood Suites North Platte marks the first milestone in an exciting growth trajectory for the dual-brand pairing, with more than 40 additional hotels in the pipeline. Other upcoming dual-branded avid hotels and Candlewood Suites openings this year […]
The post IHG Hotels Opens First avid hotels and Candlewood Suites Dual-Branded Property in North Platte appeared first on LODGING Magazine.
Choice Hotels International (NYSE: CHH), one of the world’s largest lodging franchisors, kicked off its 68th annual convention in Las Vegas yesterday, highlighting the company’s strong competitive position and its plans to help owners and operators capitalize on the growing demand for leisure and business travel. With over 6,600 registrants, including more than 1,100 exhibitors, the three-day conference is one of Choice’s largest ever. It will feature more than 100 educational and brand sessions, a trade show […]
The post Choice Hotels International Takes It to the ‘Next Level’ at 68th Annual Convention appeared first on LODGING Magazine.
Ahead of its 68th Annual Convention in Las Vegas, Nevada, Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, hosted its SOAR (Supporting Ownership Access & Representation) development seminar to reintroduce its program to create hotel ownership opportunities for underrepresented entrepreneurs. During the seminar, Choice reaffirmed its more than twenty-year commitment to making small business ownership a reality for entrepreneurs that are underrepresented as hotel owners and operators including black, Hispanic and native Americans, […]
The post Choice Hotels Hosts “SOAR” Seminar to Attract, Mentor and Educate Underrepresented Groups appeared first on LODGING Magazine.
As we welcome the new year, the hospitality industry is buzzing with optimism and hope. According to the most recent Planner PULSE Survey, the challenges and uncertainties that marked the end of the previous year have dissipated, and a promising future is on the horizon. In March, Cvent and Northstar Meetings Group surveyed hundreds of event planners to gather insights for hospitality professionals regarding the concerns and needs of their customers. These planners span the […]
The post Powering Ahead: All Indicators Are Strong for Meetings and Events appeared first on LODGING Magazine.
Hospitality Ventures Management Group (HVMG), an Atlanta-based third-party hotel operator and investor, today announced that the company has promoted three associates to leadership roles. Jamison Conrey was named vice president of engineering, Capital Projects and Risk Management; Androse Bell was named general manager and vice president of operations and Maggie Rose was named general manager and vice president of operations. “Jamison, Androse and Maggie embody HVMG’s ‘Be Excellent’ culture, each distinguishing themselves as stellar leaders […]
The post HVMG Promotes Three Senior Leaders appeared first on LODGING Magazine.
Red Roof®, the leader in economy lodging, has announced the opening of the Red Roof PLUS+® San Antonio Northeast at 11526 North Interstate 35 in San Antonio. Owner ShreeGanesha, Inc. completed a number of renovations to the property, which included new paint throughout, updated guest room and public bathrooms, new bedding, new guest room and lobby furniture, new flooring throughout and a new coffee bar. Conveniently located off Interstate 35, the 59-room Red Roof PLUS+ […]
The post Red Roof Adds to San Antonio Portfolio With Opening Of Plus appeared first on LODGING Magazine.
As one of the largest renovations to be completed in the Phoenix-metro area this year, The Scottsdale Resort & Spa, a Curio Collection Resort by Hilton emerges as a full-service luxury retreat, captivating both global travelers and Valley locals, with the completion of a $40 million renovation encompassing all guestrooms and public spaces, including Luna Spa and the introduction of four new distinct dining destinations. Marking the largest renovation in the property’s 50-year history, The Scottsdale Resort’s new residential-style […]
The post The Scottsdale Resort & Spa Completes $40 Million Renovation appeared first on LODGING Magazine.
The franchise business model is the greatest path for successful entrepreneurship in American history and has paved the way for tens of thousands of hoteliers to own their own businesses and achieve the American Dream. That dream has been under attack by government agencies intent on undermining small-business ownership by changing the legal definition of “employer.” The National Labor Relations Board (NLRB) enacted a new rule to intentionally conflate liability for franchisees and franchisors to […]
The post Order in the Court: NLRB’s Proposed ‘Joint Employer’ Rule Has Been Blocked—For Now appeared first on LODGING Magazine.
DALLAS, Texas—Ashford Hospitality Trust, Inc. announced that it has closed on the sale of the 85-room Hampton Inn in Lawrenceville, Georgia for $8.1 million ($95,300 per key). The sale price represented a 6.0 percent capitalization rate on trailing 12-month net operating income through March 2024. All the net proceeds from the sale will be used for general corporate purposes including paying down the company’s strategic financing. The company also announced the transfer of the company’s […]
The post Ashford Hospitality Trust Closes on Hotel Sale, Gives Asset Update appeared first on LODGING Magazine.
The recent U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) reported that, at the close of the first quarter, the top five markets with the largest hotel construction pipelines were led by Dallas with 185 projects/21,882 rooms, slightly below record-highs recorded at the end of Q4 2023. Next is Atlanta, with an all-time high of 153 projects with 17,929 rooms, then Nashville with 127 projects/16,199 rooms. Phoenix follows with 123 projects/16,198 rooms, and the […]
The post Lodging Econometrics: Dallas Continues to Lead U.S. Construction Pipeline appeared first on LODGING Magazine.
ATLANTA—Valor Hospitality Partners expanded its North American portfolio through a recent management acquisition with DoubleTree Suites by Hilton Hotel Huntsville South in Huntsville, Alabama. With hotel management experience in the southeastern region of the United States, Valor will implement strategies and operations aimed at driving revenue growth and guest satisfaction in this new location. The move marks Valor’s continued commitment to expanding its footprint in the southeast with a total of five properties in the […]
The post Valor Hospitality Partners Adds DoubleTree Suites Huntsville South to Management Portfolio appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Red Lion Inn & Suites Elk Grove, a 47-room, midscale property in Elk Grove, California. “The opening of the Red Lion Inn & Suites Elk Grove is a testament to the brand’s renewed growth nationwide,” said Keith Pierce, Sonesta’s EVP and president of franchise and development. “This is the third Red Lion Inn & Suites location to open in 2024, underscoring how Sonesta continues to meet […]
The post Sonesta Opens Red Lion Inn & Suites Elk Grove appeared first on LODGING Magazine.
A modernized payment strategy helps hoteliers deliver a superior guest experience, improve operational efficiency, control costs, and mitigate risk of a cybercrime. In short, hoteliers enhance their resilience in a competitive and challenging industry by implementing an optimized payment process. U.S. Bank recently released a Payment Strategy Report, Build Resilience With a Strong Payments Strategy, its second annual survey of 250 finance professionals that reveals the importance of a forward-thinking payments strategy and highlights the […]
The post Can an Advanced Payments Strategy Support Resiliency? appeared first on LODGING Magazine.
A strategically designed menu has an enormous impact on customer choice and your bottom line. Menus created with top food choices in mind will encourage the customer to explore their options and pick something they might not normally choose. If implemented correctly, this will have a positive effect on your profits. Explore the art and science of menu engineering. Download the free copy.
The post Build A Better Menu: Solving the Profit vs. Price Puzzle appeared first on LODGING Magazine.
A high-quality mattress promotes the restful sleep that is one of the fundamental offerings of the hotel industry. But even top-tier mattresses eventually need replacing, and at that point procurement will need to investigate the products in the ever-evolving bedding market. Given the variety of products in terms of price point and features, it’s best to start this exploration well before the warranty expires on the hotel’s current mattresses, advised David Wiles, director of Tempur […]
The post An Inside Look at Mattresses: Delving Into the Technology Prior to Procurement appeared first on LODGING Magazine.
The first quarter of 2024 demonstrated the hotel demand in all Accor Group regions and segments. Operating performance indicators (RevPAR and portfolio growth) are trending positively, and the group has continued to manage its balance sheet in line with its commitments. Sébastien Bazin, chairman and CEO of Accor, said, “In this first quarter, marked by the group’s return in CAC 40, Accor once again delivered a solid performance, increasing revenue in all regions, notably in […]
The post Accor Releases Q1 2024 Results appeared first on LODGING Magazine.
STONECREST, Georgia—Artemis Hotel Group announced the completion of a full-scale renovation for the Hilton Garden Inn Atlanta East/Stonecrest, located in Lithonia, Georgia. The 110-room property managed by GF Hotels underwent an extensive transformation encompassing the entire property, including the exterior, guestrooms, corridors, and public areas. The guestroom renovation included new case goods, soft goods, and updated bathrooms, providing a contemporary design. The public space refresh includes a new front desk with a lobby bar and […]
The post Hilton Garden Inn Atlanta East/Stonecrest Completes Renovation appeared first on LODGING Magazine.
WASHINGTON—U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through April 20, 2024. U.S. Hotel Performance April 14-20, 2024 Percentage change from comparable week in 2023:Occupancy: 66.8 percent (down 0.3 percent)ADR: $158.60 (up 1.5 percent)RevPAR: $105.94 (up 1.2 percent) Among the Top 25 Markets, Philadelphia reported the largest year-over-year increases in occupancy (up 14.3 percent to 72.1 percent) and RevPAR (up 23.2 percent to $114.11). Washington, D.C., posted the […]
The post CoStar: U.S. Hotel Performance Continues to Show Mixed Results appeared first on LODGING Magazine.
LOS ANGELES, California—Sonnenblick-Eichner Company has arranged a strategic joint venture equity investment into the ownership entity of the Pacific City Lodging portfolio, located in Pacific City, Oregon. The Pacific City Lodging portfolio is a collection of oceanfront resort properties comprised of the Headlands Coastal Lodge & Spa, the Inn at Cape Kiwanda, Hart’s Camp, and the Cape Kiwanda RV Park. Noble House Hotels & Resorts of Kirkland, Washington, provided the investment into the partnership. This […]
The post Sonnenblick-Eichner Arranges Equity Investment for Pacific City Lodging Portfolio appeared first on LODGING Magazine.
NORTH BETHESDA, Maryland—Choice Hotels International, Inc. published its 2023 Environmental, Social, and Governance Report. The report details Choice’s latest initiatives to drive sustainability across its portfolio of hotels. This includes new and expanded requirements to help reduce utility usage and identify savings through its revamped Room to be Green verification program. As part of this initiative, the report highlights the adoption of Choice’s automated utility tracking dashboard, with over 2,600 properties participating and counting. “At […]
The post Choice Hotels Publishes 2023 ESG Report appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced that World of Hyatt is offering members access to earn and redeem at a collection of more than 700 boutique and luxury hotels and villas around the globe with Mr & Mrs Smith. From glamping stays and wellness retreats to palazzos, ski resorts, and more, members can earn and redeem World of Hyatt points when they book through Hyatt channels. The participating properties from the Mr & Mrs Smith portfolio add […]
The post World of Hyatt Platform Adds More Than 700 Properties From Mr & Mrs Smith appeared first on LODGING Magazine.
As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there were 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9 percent year-over-year (YOY) increase in projects and a 7 percent YOY increase in rooms compared to last year. The details can be seen directly within the stages of the pipeline, which all saw YOY growth […]
The post Lodging Econometrics: U.S. Hotel Construction Pipeline Shows Robust Growth appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2024. Highlights include: “We’re thrilled to announce another strong quarter of progress in our executions, openings, franchisee retention, and net room growth around the world,” said Geoff Ballotti, president and CEO. “Increased interest from hotel owners in our brands has propelled our development pipeline to a record 243,000 rooms, marking an impressive 8 percent increase. Our strong balance sheet and […]
The post Wyndham Hotels & Resorts Reports Q1 2024 Results appeared first on LODGING Magazine.
Concord Hospitality announced the appointment of Will Loughran as its new chief operating officer. He will report to Mark Laport, president and CEO. He succeeds Nick Kellock, who will retire in May. Aimbridge Hospitality announced Greg Moundas as chief legal officer, reassuming the role after a short stint away from the organization. Moundas will play a key role in the company’s executive team. Mainsail Lodging & Development announced the promotion of Sara DeBerry to regional […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
BETHESDA, Maryland—Curator Hotel & Resort Collection announced that it has surpassed 100 member hotels and resorts. The milestone comes two years after the company’s launch. “We are thrilled to have reached this major milestone,” said Jennifer Barnwell, president of Curator Hotel & Resort Collection. “It is a testament to the wide array of benefits and services Curator provides to our independent hotel and resort members.” Curator offers solutions to its members, positioning them to cater […]
The post Curator Hotel & Resort Collection Surpasses 100 Members appeared first on LODGING Magazine.
LAS VEGAS—The American Hotel & Lodging Association announced its 2023 General Managers of the Year, TechOvation, and Technology Acceleration Award winners during presentations at The Hospitality Show at The Venetian Resort Las Vegas. AHLA’s 2023 General Managers of the Year are: General managers received their awards during the General Managers Summit at The Hospitality Show. The event will be held annually and bring together hotel GMs from across the country to hear from expert speakers, […]
The post AHLA Names GMs of the Year, TechOvation, and Tech Acceleration Award Winners appeared first on LODGING Magazine.
With hotel technology serving as a linchpin, The Hospitality Show yesterday concluded its inaugural event, which reportedly drew an estimated 3,500 attendees from various facets of the industry. The technology focus was underscored by a panel discussion entitled “Hospitality CIOs Meet Their Customers,” during which executives from brands and a major third-party operator assessed the artificial intelligence (AI) revolution within hotels and shared their respective strategies going forward. Scott Strickland, EVP and chief information […]
The post Technology Takes Center Stage During Inaugural Hospitality Show appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance remained mostly flat from the previous week, and year-over-year comparisons remained mixed, according to STR’s latest data through June 24, 2023. U.S. Hotel Performance June 18-24, 2023 Percentage change from comparable week in 2022:Occupancy: 71.4 percent (down 1.0 percent)ADR: $159.00 (up 0.9 percent)RevPAR: $113.58 (down 0.1 percent) Among the Top 25 Markets, Minneapolis saw the highest year-over-year increases in each of the three key performance metrics: occupancy (up 9.1 percent to […]
The post STR: U.S. Hotel Performance Remains Flat appeared first on LODGING Magazine.
NEW YORK—NYU School of Professional Studies (NYU SPS) Jonathan M. Tisch Center of Hospitality and its Hospitality Innovation Hub (HI Hub) Experiential Learning Lab released industry research on the current state of digital transformation and technology innovation in hospitality. “All brands, owners, and operators have the same ultimate goal when embarking on digital transformation: satisfy investors while also meeting—ideally, exceeding—guest expectations,” said Vanja Bogicevic, clinical assistant professor and director of the HI Hub at the […]
The post NYU SPS Releases Digital Transformation and Technology Research appeared first on LODGING Magazine.
The bleisure travel trend, the new normal and updated technology were major points of emphasis during the opening panel discussion at the inaugural Hospitality Show in Las Vegas as executives discussed how today’s customers are changing and expectations have shifted. John Murray, president/CEO, Sonesta International Hotels; Leslie Hale, president/CEO, RLJ Lodging Trust; and Jay Caiafa, COO, IHG, discussed the aforementioned topics and more during a panel entitled “The Demand Generation: Asking For Everything!” Caiafa refuted […]
The post C-Level Execs Weigh In On Impact Of ‘Bleisure’ Trend, Technology During Hospitality Show Panel appeared first on LODGING Magazine.
CHICAGO—Cloud5 Communications showed its latest Vendor Management offering at HITEC 2023 in Toronto. Recognizing that hospitality companies were looking to address pent-up demand for property upgrades, renovations, and technology investments post-COVID while struggling with industry-wide staffing shortages, Cloud5 developed its Vendor Management offering to help the industry bring projects to fruition. Vendor Management from Cloud5 provides hotels with a resource to initiate, streamline, and manage multi-vendor projects. Cloud5’s in-house project management office (PMO) is led […]
The post Cloud5 Communications Shows Vendor Management Offering appeared first on LODGING Magazine.
SAN FRANCISCO—Duetto has reported an increase in hotel revenue tech investment in the first half of 2023, as hoteliers continue to look for ways to improve revenue and drive team efficiencies. The cloud-based software provider had a 30 percent increase in business in the first half of 2023, compared to new hotel subscriptions in H1 2022. “What is most impressive about our growth is that it has remained sustainable throughout the challenges of recent years. […]
The post Duetto Reports Hotel Revenue Tech Investment Increase for H1 2023 appeared first on LODGING Magazine.
Stonebridge added Jim Sega as senior vice president of operations. Sega will be lead and develop Stonebridge’s hotel management, sales, marketing, and revenue management teams and grow the company’s management platform through new management agreements, mergers and acquisitions, and hotel acquisitions. He most recently served as chief operating officer for Up & Away Adventure. Shiji promoted Michelle Silverman to senior vice president of global accounts. Silverman brings over 40 years of hospitality industry experience to […]
The post This Week’s Comings and Goings appeared first on LODGING Magazine.
Arlington, Va. and Portsmouth, N.H. – Group business is critical to hotel recovery and for destination management organizations (DMOs) and convention and visitor bureaus (CVBs) to attract visitors. This is why Amadeus and Knowland are expanding their partnership to deliver new data insights that will allow the industry to understand key trends, measure performance, and plan for the future. The Hospitality Group & Business Performance Index combines Knowland’s event data—such as attendee numbers and the […]
The post Amadeus and Knowland Create Hospitality Group & Business Performance Index, Reveal Q1 2023 Insights appeared first on LODGING Magazine.
ROCHESTER, N.Y. – Essex Hotel Management, LLC added the TownePlace Suites by Marriott Fort Myers Estero in Estero, Fla., to its expanding portfolio of hotels on the East Coast. This brings the total count of hotels under Essex’s management to 15, marking significant growth for the company within the Marriott International family and the extended-stay segment. “We are thrilled to extend our portfolio into Estero, one of Florida’s most rapidly developing communities,” said Barbara Purvis, […]
The post Essex Hotel Management Adds TownePlace Suites by Marriott Fort Myers Estero appeared first on LODGING Magazine.
ROCKVILLE, Md. – Choice Hotels International is on pace to integrate the nearly 600 Radisson Americas hotels the company acquired last year into its reservation delivery engine and Choice Privileges loyalty program by the end of the summer, with full integration expected by the end of the year. Choice reported the following Radisson Americas-related accomplishments since the August 2022 acquisition: Choice is now on pace to complete several major integration milestones ahead of schedule. The […]
The post Choice to Integrate Radisson Americas Hotels Ahead of Schedule appeared first on LODGING Magazine.
ENGLEWOOD, Colo. – Today, DISH Business debuted OnStream, a unique platform as a service (PaaS) that delivers content to TV screens, displays, and mobile devices to power custom digital experiences for hotel management, staff, and guests. With an intuitive, fully customizable user interface, OnStream makes it easy for hoteliers to seamlessly build and deploy the technology across their properties. Currently, hotels are facing staffing shortages, and according to the 2022 Lodging Technology Study, 50 percent […]
The post DISH Business Debuts OnStream to Power Custom Digital Experiences in Hotels appeared first on LODGING Magazine.
Columbus, Ohio – Whitestone Companies, a real estate investment company based in Columbus, Ohio, announced the purchase of five hotels from KKR totaling 612 guestrooms. The hotels include the Hilton Garden Inn Colorado Springs, Homewood Suites Colorado Springs, Homewood Suites Princeton, Homewood Suites Cleveland, and Courtyard West Palm Beach Airport. The acquisitions add the states of Florida and Colorado to the company’s investment portfolio, which now spans nine states and three time zones. “We not […]
The post Whitestone Companies Acquires Five Hotels from KKR appeared first on LODGING Magazine.
LODGING is LIVE at HITEC 2023. Find more of our show coverage click here, and be sure to check out our video coverage here. As hospitality technology experts convene in Toronto, Ontario, Canada at the Metro Toronto Convention Centre, HITEC 2023 is already underway with discussions surrounding artificial intelligence (AI), data collection and usage, and high-performing tech blended with human elements. During a panel titled “Tech Future Proofing: Planning for the Global Traveler,” led by […]
The post Personalized Perspectives: HITEC Panel Focuses on AI, Data, and More appeared first on LODGING Magazine.
Phoenix, Ariz. – BWH Hotels announced the addition of several new properties to its global portfolio, expanding its 19 brands across every chain scale segment—from luxury to premium economy. Most recently, the company expanded in North America, Europe, Africa, and Asia, adding properties in Austria, Canada, Dubai, Ethiopia, France, India, Japan, the Netherlands, Saudi Arabia, Sweden, Tanzania, Thailand, and the United States. “This summer season, we are excited to offer travelers even more convenient accommodations […]
The post BWH Hotels Grows Global Footprint appeared first on LODGING Magazine.
Plano, Texas – Enseo will demo CORE Create, a property content management system, at HITEC Toronto and The Hospitality Show Las Vegas this week. Prioritizing user convenience along with an elevated guest experience, CORE Create’s easy-to-use web browser allows hotels to edit and publish TV user interface (UI) updates directly to guestroom TVs. Dynamic, on-screen modifications—reflecting hotel offerings, seasonal features, brand updates, targeted messaging, and more—are all aspects that impact the in-room guest experience. By […]
The post Enseo’s CORE Create Allows Hotels to Control In-Room TV appeared first on LODGING Magazine.
ATLANTA – During HITEC 2023, Shiji announced a partnership with IPORT, a manufacturer known for enhancing the usability of iPads and iPhones, to introduce an all-in-one software solution for hotel restaurants. This collaboration will provide hoteliers with a seamless combination of a tablet and payment device to maximize their F&B operations. The integrated iOS and payment device solution simplifies guest service for hotel restaurant servers, providing them with an effortless tool to cater to their […]
The post Shiji and IPORT Introduce All-in-One Tablet and Payment Device Solution appeared first on LODGING Magazine.
BETHESDA, Md. – Tribute Portfolio, one of Marriott Bonvoy’s 31 hotel brands, announced the brand’s first property in Montreal, Canada: HONEYROSE Hotel, Montreal, a Tribute Portfolio Hotel. “From the charming cobblestone streets of Old Montreal to the bustling art scene and awe-inspiring architecture, Montreal offers a kaleidoscope of experiences that inspire and ignite social connections, making it a prime destination for Tribute Portfolio,” said Jennifer Connell, global brand leader, Tribute Portfolio, and vice president, Distinctive […]
The post Tribute Portfolio Opens HONEYROSE Hotel in Montreal appeared first on LODGING Magazine.
HOUSTON – In a new study from the University of Houston Conrad N. Hilton College of Global Hospitality Leadership, Professor Cristian Morosan and his former doctoral student, Aslihan Dursun-Cengizci, are shedding light on how accepting hotel guests are of artificial intelligence (AI). “We looked at a number of things that could influence customers when they delegate some of their decisions to AI,” Morosan said. “And the most important factors were perceived ethics, followed by benefits. For […]
The post Study: The Most Important Factors in Guests’ Acceptance of AI appeared first on LODGING Magazine.
PHILADELPHIA – Real estate and hospitality management company HHM Hotels announced Echelon Luxury & Lifestyle, a new business division formed to support independent owners and investors in driving maximum revenue, value, and optimal profitability for independent and independent-inspired brands. Echelon aims to leverage consumer insights and preferences to deliver best-in-class service while creating guest loyalty, in turn, allowing for the highest-possible margins for owners. Of the 240 hotels managed by HHM Hotels, Echelon represents more […]
The post HHM Hotels Forms Echelon Luxury & Lifestyle Division appeared first on LODGING Magazine.
Columbus, Ohio–George Limbert, president of Red Roof, has submitted his resignation effective July 12, 2023. He has accepted an executive position to pursue other interests outside the hospitality industry. Red Roof Board Member Mohamed Thowfeek will oversee the day-to-day operations of Red Roof on behalf of the Board as the company commences an executive search. Thowfeek said, “On behalf of the Board, we thank George for his extensive contributions to Red Roof over the past […]
The post Red Roof’s George Limbert Steps Down as President appeared first on LODGING Magazine.
SCHROON LAKE, New York—The Lodge at Schroon Lake announced its opening as a lakeside resort, offering outdoor play, family activities, food, and accommodations. Located 30 minutes from Lake George, New York, the 36-acre resort has undergone a $21-million renovation. The property has a selection of 116 accommodation options, including 32 pet-friendly choices. Guests can choose from hotel rooms, cabins and chalets, and glamping sites. “The opening of The Lodge at Schroon Lake marks a significant […]
The post The Lodge at Schroon Lake Opens appeared first on LODGING Magazine.
Coming up on its five-year anniversary, BWH Hotel Group’s boutique Aiden brand continues to gain momentum with 21 properties open and a robust development pipeline that is projected to at least double the portfolio within the next two years. In fact, there are roughly 50 Aiden hotels in various phases of development globally, according to Brad LeBlanc, SVP and chief development officer, BWH Hotel Group. LeBlanc—who stressed that one of the benefits of the nascent […]
The post Pipeline Full of Projects: Boutique Brand Aiden Poised to Double Portfolio in Next 24 Months appeared first on LODGING Magazine.
HONOLULU—OUTRIGGER Resorts & Hotels announced that it will be investing in its home market of Hawai‘i with a planned acquisition at Kaua‘i Beach Resort & Spa. Located in Līhu‘e on the “Garden Island” of Kaua‘i, the resort spans 25 acres of property and has 350 guestrooms. The transaction is expected to be completed and close on August 22, 2023. Kaua‘i Beach Resort & Spa, once acquired, will represent a milestone in OUTRIGGER Resorts & Hotels’ […]
The post OUTRIGGER Plans Kaua’i Beach Resort & Spa Acquisition appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, but year-over-year comparisons were mixed, according to STR’s latest data through June 17, 2023. U.S. Hotel Performance June 11-17, 2023 Percentage change from comparable week in 2022:Occupancy: 70.8 percent (down 1.1 percent)ADR: $159.82 (up 2.6 percent)RevPAR: $113.17 (up 1.5 percent) Among the Top 25 Markets, Oahu Island saw the only double-digit occupancy lift over 2022 (up 11.0 percent to 84.1 percent). Los Angeles posted the highest […]
The post STR: Year-Over-Year U.S. Hotel Performance Comparisons Remain Mixed appeared first on LODGING Magazine.
SAN DIEGO—Hilton San Diego Gaslamp Quarter is excited to announce the completion of its $22.5 million renovation project. The remodeled full-service hotel is for both business and leisure travelers and has a new restaurant concept, Wild Hare Bar Garden. Design firm waldrop+nichols studio created the property’s new aesthetic. The 286 guestrooms, lofts, and suites, are designed with new furnishings. “All prior divisions were removed, creating an open and flowing space that allows guests the opportunity […]
The post Hilton San Diego Gaslamp Quarter Completes Renovation appeared first on LODGING Magazine.
One of the most consistent challenges affecting the hospitality industry is attracting labor, but finding talent that sticks is also top of mind. Earlier this year, STR reported that labor-related challenges are among the most prominent for hotels in the current global landscape. While employee retention is caused by many factors, multiple hospitality companies are lauded for their company culture and workplace. One such organization is CoralTree Hospitality. Recently, CoralTree ranked fourth as one of […]
The post Rave Retention: CoralTree Hospitality Ranks as One of the Best Small Companies to Work for in Colorado appeared first on LODGING Magazine.
NEW YORK—At the 45th Annual NYU International Hospitality Industry Investment Conference, NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality and Ernst & Young LLP (EY US) presented findings from the NYU and EY 2023 Hospitality Executive Financial Survey. The NYU SPS Tisch Center and EY US gleaned responses from chief financial officers at 30 leading travel and hospitality companies for the survey. “Our work with EY US on this year’s survey shows […]
The post NYU SPS and EY US Present 2023 Hospitality Executive Financial Survey Findings appeared first on LODGING Magazine.
LOS ANGELES—Nomadix Inc. announced the next generation of its Nomadix Cloud platform, giving partners and property managers more visibility and management capabilities for their Nomadix solutions. Nomadix Cloud leverages an approach where users can view their fleet of Nomadix equipment and solutions across properties. It offers management and monitoring capabilities and improved functionality to understand the network’s health and take measures for software releases, firmware upgrades, and license updates. The release of the extended Nomadix […]
The post Next Generation of Nomadix Cloud Platform Released appeared first on LODGING Magazine.
Hard Rock Hotel New York named David Salcfas general manager. Salcfas joins the property after a career with Marriott International where he made an impact on the company as an Executive Committee member across 16 hotels and five brands. The Biltmore Los Angeles, part of Millennium Hotels & Resorts, appointed Tiffany Zimmer-Penton as general manager of the property. Zimmer-Penton is responsible for operations including sales and marketing, guestrooms, and food and beverage. PEG Hospitality Group […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Armed with a brand known for leaving the light on for guests, G6 Hospitality LLC is now shining the light on its new leader. And while Julie Arrowsmith’s path to the C-suite may have been unconventional, she is making it all add up. Arrowsmith—who was elevated from CFO to president/CFO in August—took on the CEO responsibilities in January when longtime CEO Rob Palleschi departed and she was named president & interim CEO. Having started her […]
The post Making It All Add Up: Julie Arrowsmith Blends Financial Acumen With Hospitality as She Leads G6 Hospitality appeared first on LODGING Magazine.
MINNEAPOLIS—IDeaS announced new capabilities for G3 RMS. Independent Products allow hoteliers to optimally price each product based on its demand patterns and linked rates associated with those products, including room-type level. Distribution processes and pricing decisions are complicated by configurations and limitations to only dynamically price one rate—the daily rate. Hoteliers need to balance the right daily rate while considering the impact any change would have on all linked rates. This can lead to lost […]
The post IDeaS Adds New Capabilities for G3 RMS appeared first on LODGING Magazine.
BONHAM, Texas—Best Western Hotels & Resorts announces the opening of the Best Western Plus Bonham. The hotel is owned by GK Reddy and has 57 guestrooms. The newly constructed Best Western Plus Bonham provides guests with a modern stay accented by gray and blue decor, accommodations, and amenities. Guestrooms have microwaves and mini-fridges. Outside of their rooms, guests can use amenities including daily breakfast, outdoor pool, 24-hour fitness, and business centers, guest laundry facilities, a […]
The post Best Western Plus Bonham Opens appeared first on LODGING Magazine.
LOS ANGELES—INTELITY announced a partnership and live integration with FreshBed that provides guests with the ability to adjust their sleep environment from a bedside smart room tablet or mobile app powered by the INTELITY platform. The FreshBed mattress has temperature and humidity regulation as well as improved air quality. FreshBed uses a silent active airflow technology that’s integrated into the foot of the bed to draw air in from the underside of the bed and […]
The post INTELITY and FreshBed Partner With Live Integration appeared first on LODGING Magazine.
WASHINGTON, D.C.—JLL Hotels & Hospitality Group announced that it arranged the sale of the Hampton Inn & Suites Fredericksburg South, a 121-key hotel in Fredericksburg, Virginia. JLL represented the seller, Sachs Companies Realty Investments. The Hampton Inn & Suites has five stories on a 2.35-acre parcel. Amenities include an indoor swimming pool and hot tub, fitness center, guest laundry, business center, and 1,890 square feet of meeting space, The hotel is located at the intersection […]
The post JLL Arranges Hampton Inn & Suites Fredericksburg South Sale appeared first on LODGING Magazine.
In April, Hyatt joined the ranks of hotel companies expanding into the extended-stay space with the launch of its newest select-service brand, Hyatt Studios. LODGING caught up with Jim Chu, chief growth officer at Hyatt, to learn how the brand came to be and the types of guests Hyatt is aiming to attract. Chu said the company conceived Hyatt Studios after identifying a need among hotel developers and World of Hyatt loyalty members for a […]
The post Extending Stays: Hyatt Launches First Upper-Midscale Brand in the Americas appeared first on LODGING Magazine.
WAYNE, Pennsylvania—Gulph Creek Hotels announced a redevelopment plan for the 168-room Best Western Plus in King of Prussia, Pennsylvania. The project entails the demolition of three, two-story sections of the hotel totaling 100 guestrooms and the subsequent construction of a 136-room Residence Inn by Marriott. The Residence Inn will have a bar, patio, grills, and fire pits surrounding an outdoor pool. The remaining 68 guestroom building will be renovated and converted to the Hotel Prussia, […]
The post Gulph Creek Hotels Plans Hotel Redevelopment in King of Prussia, Pennsylvania appeared first on LODGING Magazine.
Today’s hospitality markets have new challenges to overcome—especially resorts. No sooner have they begun to regain market share in a post-pandemic world when an economic recession is causing guests to become more cautious of where and when they spend their money and time. The good news is that they continue to spend. According to American Express Global Business, during the third quarter of 2022, business travel reached 71% of pre-pandemic levels. Another report forecasted that […]
The post Five Best Practices to Increase Market Share and Gain Loyal Guests for Resorts appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported higher performance from the month prior, according to May 2023 data from STR. U.S. Hotel Performance May 2023 Occupancy: 64.8 percent (down 0.2 percent) ADR: $156.25 (up 3.8 percent) RevPAR: $101.31 (up 3.7 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (84.0 percent), which was up 3.6 percent year over year. Performance was helped by NYU’s commencement at Yankee Stadium and Taylor […]
The post STR: U.S. Hotel Industry Reports Higher Performance in May 2023 appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay America Suites Huntsville – Madison, located in Madison, Alabama. TGC Group developed the property, and it will be managed by TGC Hospitality Management, both of Wichita, Kansas. “We are excited to welcome the Extended Stay America Suites Huntsville – Madison to our system. The Madison area has seen tremendous business and residential growth, and by expanding our footprint in the area, we can […]
The post Extended Stay America Suites Huntsville – Madison Opens appeared first on LODGING Magazine.
Based on our February 2023 Hotel Horizons report, CBRE reports that total hotel revenue for the average U.S. hotel returned to pre-COVID levels in 2022. This occurred even though the average occupancy for U.S. hotels is not expected to exceed 2019 levels until 2026. With occupancy levels lagging during the post-COVID recovery and guest counts depressed, hotel owners and operators have had to look for alternative sources of revenue beyond the rental of guestrooms to […]
The post Parking Profits: As Occupancy Stalls, Hoteliers Increase Revenue From Drive-In Guests appeared first on LODGING Magazine.
In 2018, Domino’s CEO Patrick Doyle told Forbes that Domino’s is a technology company selling pizza. When ordering from Domino’s, it is engaging to see the pizza-making process—the technology provides focus and attribution on how each team member is delivering value to the customer, which helps their franchisees maximize profits. In the hospitality world, one should embrace the same focus to invest in technology that makes a substantial impact on guest experience and operations. There […]
The post Raising the Bar: Using Behind-the-Scenes Tech to Exceed Guest Expectations and Boost Business appeared first on LODGING Magazine.
Rosewood Hotel Group announced Rosewood Impacts, a group-wide roadmap for delivering a positive impact on its communities and the planet. With commitments across the brand’s ecosystem and a sustainability approach that puts circular hospitality in business operations, Rosewood Impacts is a strategic roadmap for future efforts. With tangible goals in the fields of sustainability, employment, partnerships, and more, the roadmap has consequential policies and programming under two pillars: Rosewood Empowers and Rosewood Sustains. Rosewood Empowers […]
The post Rosewood Impacts Becomes Group’s Sustainability Roadmap appeared first on LODGING Magazine.
FAIRFAX, Virginia—James Carroll, president and CEO of Crestline Hotels & Resorts, LLC announced the continued expansion of its executive management team with the appointment of Alexander (Alex) J. Belden as vice president, business development. Belden brings more than a decade of hospitality and institutional investment and acquisition experience to his new position at Crestline. “As one of the largest and most respected hospitality management companies, Crestline offers hotel owners and investors a proven track record […]
The post Crestline Names Alexander J. Belden Vice President, Business Development appeared first on LODGING Magazine.
TORONTO—IHG Hotels & Resorts announced the opening of two hotels in British Columbia—Holiday Inn Express & Suites Courtenay – Comox and Holiday Inn Victoria – Elk Lake—offering accommodations with amenities to meet the needs of those traveling to Comox Valley and Victoria on Vancouver Island. Jonathan Lund, regional vice president of operations company managed premium hotels and head of Canada, IHG Hotels & Resorts, said, “We are thrilled to continue our growth in British Columbia […]
The post IHG Hotels & Resorts Opens Two New Hotels in British Columbia appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Hilton announced DoubleTree by Hilton South Charlotte Tyvola has joined its portfolio following a multimillion-dollar renovation and rebranding. Formerly Hilton Charlotte Executive Park, the hotel is for both business and leisure travelers. Located in South Charlotte, adjacent to Executive Park and five miles from Charlotte-Douglass International Airport, the hotel offers access to the city’s attractions and business areas. “We are proud to open our doors as DoubleTree by Hilton South Charlotte Tyvola after […]
The post Doubletree by Hilton South Charlotte Tyvola Rebrands and Renovates appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced its platform is available on Oracle Cloud Marketplace and will enable integration with the Oracle Hospitality OPERA Sales and Event Management application. Oracle Cloud Marketplace is a repository of enterprise applications offered by Oracle and Oracle partners. The Knowland platform enables operations and sales benefits by integrating data from the Oracle Hospitality OPERA Sales and Event Management application with Knowland’s meetings and events database. Oracle Cloud Marketplace is an enterprise cloud that […]
The post Knowland Makes Platform Available on Oracle Cloud Marketplace appeared first on LODGING Magazine.
LODGING was LIVE at the 2023 NYU International Hospitality Industry Investment Conference. Find our show coverage here. ESG (Environmental, social and corporate governance) and immigration reform were among the key topics highlighted by a handful of high-profile CEOs at last week’s NYU International Hospitality Industry Investment Conference. Speaking during the panel discussion entitled “The CEOs Check In: A View From The Top,” Hilton President & CEO Chris Nassetta emphasized that any efforts toward sustainability need to […]
The post ESG, Immigration Reform Take Center Stage Among Top CEOs appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance jumped from the previous week, while year-over-year comparisons were mixed, according to STR’s latest data through June 10, 2023. U.S. Hotel Performance June 4-10, 2023 Percentage change from comparable week in 2022:Occupancy: 69.4 percent (down 1.6 percent)ADR: $157.69 (up 0.5 percent)RevPAR: $109.38 (down 1.2 percent) Among the Top 25 Markets, Oahu Island saw the only double-digit occupancy lift over 2022 (up 13.0 percent to 84.8 percent). Washington, D.C., posted the only […]
The post STR: U.S. Hotel Performance Increases But Shows Mixed Year-Over-Year Comparisons appeared first on LODGING Magazine.
In today’s competitive lodging environment, hoteliers must think outside the box to reignite guest excitement, implementing new experiential amenities to deliver memorable services. While pools, WiFi access, and gyms once delighted visitors, such amenities are now considered standard or—at the very least—expected. However, one amenity that is growing in popularity, boosting guest experiences, and meeting expectations for high-tech, sustainable options is the on-site offering of bikes and electric bikes, or e-bikes. Reports predict the United […]
The post E-Bikes: An Emerging Amenity for Hotels appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index declined 2.6 percent in May to a level of 5,287. “Hotel stocks were mixed in May—the Hotel REITs increased slightly and outperformed the real estate benchmark by 400 bps, while the Global Hotel Brands declined and underperformed the S&P 500’s marginal gain by 380 bps,” said Michael Bellisario, senior hotel research analyst and director at Baird. “While macroeconomic concerns have subsided recently, investors are incrementally focused on […]
The post Baird/STR Hotel Stock Index Dropped 2.6 Percent in May 2023 appeared first on LODGING Magazine.
FRANKLIN, Tennessee—Quore announced the recreation of its Reports app, or “Reporting Engine.” The recreation includes new report options, flexibility, and capabilities like scheduled distribution for hotels to leverage data and trends to make business decisions for guest satisfaction. “We are continuously improving our hospitality operations solution to evolve alongside our customers’ needs. The recreation of our Reports app to a ‘reporting engine’ does just that. It evolves reporting capabilities to allow for more customization so […]
The post Quore Recreates Reporting Engine App appeared first on LODGING Magazine.
TYSONS, Virginia—Cvent Holding Corp. announced the completion of its acquisition by an affiliate of private equity funds managed by Blackstone for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion. The transaction, which was previously announced on March 14, 2023, includes a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and participation from existing stockholder Vista Equity Partners. As a result of the transaction, […]
The post Blackstone Completes Cvent Acquisition appeared first on LODGING Magazine.
WASHINGTON—U.S. hotels can benefit from an update to the Paycheck Protection Program (PPP). Following months of collaboration with the American Hotel & Lodging Association and hotel owners across the country, the Small Business Administration (SBA) issued new PPP eligibility guidelines. The update clarifies that hotel owners who used third-party management companies and participated in PPP are eligible for loan forgiveness for payroll expenses they paid via a management company. The changes SBA announced will ensure […]
The post AHLA Works With SBA to Secure PPP for Hotels appeared first on LODGING Magazine.
Main Street Hospitality announced key appointments including the promotion of Greta Kipp as chief operating officer. In addition, Brian Smith and Suzi Darre joined the company as regional director of operations and vice president of human resources, respectively. Remington Hospitality welcomed Joseph Klam as chief financial officer. Klam, who brings almost 40 years of industry experience, will oversee financial planning, accounting, and global finance operations. Hospitality Ventures Management Group announced the appointment of Bryan Gatzemeyer […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
BOSTON, Massachusetts—Toast, a digital technology platform built for restaurants, announced an agreement with Marriott International, Inc. to make its Toast for Hotel Restaurants technology available to food and beverage outlets within Marriott’s select-service hotels in the United States and Canada. Toast for Hotel Restaurants is designed to meet the needs of hotel restaurant operators and offers integrations with hotel property management systems, helping leverage technology for the hospitality experience with integrated food and beverage operations […]
The post Toast Makes Restaurant Technology Available for Marriott’s Select-Service Hotels appeared first on LODGING Magazine.
BEVERLY HILLS, California—Continuing the momentum from its most recent acquisition in November 2022, Kirkwood Collection announced it has acquired three historic properties in Palm Springs: La Serena Villas, Del Marcos Hotel, and The Three Fifty Hotel. The addition of the hotels expands Kirkwood Collection’s Greater Palm Springs portfolio to five properties and brings the Kirkwood Collection portfolio to ten hotels and properties throughout California. “Kirkwood Collection’s unwavering commitment to curating exceptional experiences has led us […]
The post Kirkwood Collection Welcomes Three Palm Springs Properties appeared first on LODGING Magazine.
ATLANTA—Hotel Equities (HE) announced the addition of the Wyndham Moline on John Deere Commons in Moline, Illinois, to its management portfolio. The 163-room hotel is located on the Mississippi River and grows HE’s portfolio of properties in the Midwest. The hotel is owned by Moline Hotel, LLC. “We are excited to welcome the Wyndham Moline into our family,” said Al Smith, president of hotel operations. “The Quad City market is a great area to expand […]
The post Hotel Equities Adds Wyndham Moline to Management Portfolio appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. continues its growth in the extended-stay segment with the groundbreaking of the Everhome Suites Glendale. The property is being developed by HighSide Companies with six Everhome Suites hotels currently completed or under construction, and additional projects in the due diligence phase. “We’re excited to stand alongside HighSide Companies breaking ground on another Everhome Suites hotel as the brand continues its national expansion,” said Ron Burgett, senior vice president, franchise development, […]
The post Choice Hotels Announces Everhome Suites Glendale Groundbreaking appeared first on LODGING Magazine.
As we continue to notice a rise in blended travel models such as remote work, “bleisure” travel, and full-time nomads, hotel brands will need to rethink everything to cater to these travelers. With nearly 81 percent of business travelers extending their time to include leisure travel actvities and many remote workers taking the chance to work from other destinations for “workcations,” hotels will need to follow the trends set by these categories of travelers and […]
The post Shift in Strategy: Four Bleisure Must-Haves That Hotel Brands Should Consider appeared first on LODGING Magazine.
As far back as 2010, revenue management guru Sherri Kimes of Cornell University foresaw the rise of total revenue management within the hospitality industry. This, however, remained a distant dream for many as hospitality businesses have struggled for more than a decade to develop metrics, processes, systems, and programs to drive total revenue management performance and culture within their organizations. Having a unified tech stack is not only a “need to have” today, but it’s […]
The post Attaining Total Revenue Performance Through Innovation appeared first on LODGING Magazine.
CHICAGO and MCLEAN, Virginia—Grubhub and Homewood Suites by Hilton are bringing off-premises dining options to guests with the Grubhub app through a partnership at nearly 500 Homewood Suites locations across the country. Guests at Homewood Suites properties in the United States that don’t have on-site dining options will be able to order from local restaurants and convenience stores on Grubhub via geolocation and QR codes around the property that take them directly to the Grubhub […]
The post Grubhub and Homewood Suites Partnership Delivers Off-Premises Dining Options appeared first on LODGING Magazine.
After hitting record lows during early points of the pandemic, last year finally presented long-awaited profitability returns for the U.S. hotel industry. Strong demand, coupled with strong pricing power in an inflationary environment, pushed revenues and profits beyond 2019 levels. By year’s end, total revenue per available room (TRevPAR) reached $202.23, and gross operating profit per available room (GOPPAR) was $73.70 with a healthy margin of more than 36 percent over 12 months. This year […]
The post Uptick in Profit: Group Demand and F&B Revenues Drive Gains appeared first on LODGING Magazine.
IHG Hotels & Resorts (IHG) and Scarlett Hotel Group (SHG) announced the onset of construction of InterContinental San Antonio, a 391-room hotel located on the San Antonio River Walk. Trailbreak Partners, a real estate investment and development firm based in Denver, worked with SHG to secure the $158 million in financing that will transform the property. Matt Frankiewicz, senior vice president, development, Americas for IHG Hotels & Resorts, said, “We are delighted to enhance our […]
The post Construction Commences for the InterContinental San Antonio appeared first on LODGING Magazine.
ISTANBUL—Wyndham Hotels & Resorts announced the opening of the 68-room Istanbul New Airport Hotel, its first Trademark Collection by Wyndham hotel in Türkiye. The newly opened hotel adds to Wyndham’s standing with more than 95 hotels open and operating in Türkiye and more than 20 under development. Trademark Collection by Wyndham is designed for travelers seeking accommodations in destinations with each hotel maintaining its own attributes. The brand caters to independent owners to leverage Wyndham’s […]
The post Wyndham Opens First Trademark Collection Hotel in Türkiye appeared first on LODGING Magazine.
BETHESDA, Maryland—MDO, in collaboration with Stayntouch and Revenue Analytics, has released “The Hotel Profit Playbook: Data-Driven Strategies to Move Beyond Rooms Revenue,” a report aimed at changing how hoteliers approach profit management. The Hotel Profit Playbook introduces the concept of Total Profit Optimization, defined as the act of broadening operational strategies to include a focus on all revenue-generating areas in a hotel and then measuring the flow-through of each of those outlets to determine profitability. […]
The post MDO Releases Profit Management Report for Hoteliers appeared first on LODGING Magazine.
Moving into the next phase of its evolution following last year’s merger with Marshall Hotels & Resorts, TPG Hotels & Resorts recently tapped industry veteran Ben Perelmuter to oversee day-to-day operations of the company as president and COO. Perelmuter—whose experience includes nearly 30 years of hospitality leadership, most recently serving as division president at Aimbridge Hospitality—took over the new post in March. He is overseeing the operational performance of TPG’s entire hospitality portfolio of nearly […]
The post TPG Hotels Enters Next Phase of Evolution With Perelmuter as President/COO appeared first on LODGING Magazine.
SCOTTSDALE, Arizona—Omni Scottsdale Resort & Spa at Montelucia is proud to announce the upcoming renovation of its guestrooms and meeting spaces. The resort’s transformation draws inspiration from architecture and the surrounding landscape. The phased renovation will begin with the resort’s 293 guestrooms and 38 luxury suites. The re-imagination includes new entry door finishes, secured with RFID, lighting and drapery, paint palettes, furniture including sofas, coffee tables, desks and chairs, ceramics and artwork, decorative bedding, LED […]
The post Omni Scottsdale Resort & Spa at Montelucia Announces Upcoming Renovation appeared first on LODGING Magazine.
Earlier this month, I had the opportunity to participate in a lively panel discussion and exchange with many active asset managers in European hospitality at the Hotel Asset Managers Association’s annual meeting at the International Hotel Investment Forum (IHIF) conference in Berlin. These discussions are always interesting—I was struck by how engaged asset managers have become in the progress of technology and innovation and the extent to which they see it as critical to performance […]
The post A New Tech Reality for Hotel Asset Managers: Diversify, Streamline, and Automate appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—As expected with the Memorial Day holiday, U.S. hotel performance decreased from the previous week, according to STR’s latest data through June 3, 2023. U.S. Hotel Performance May 28-June 3, 2023 Percentage change from comparable week in 2022:Occupancy: 61.6 percent (down 2.3 percent)ADR: $150.28 (up 1.3 percent)RevPAR: $92.55 (down 1.0 percent) Among the Top 25 Markets, Las Vegas saw the highest year-over-year occupancy lift (up 9.5 percent to 73.5 percent). Washington, D.C., posted the […]
The post STR: U.S. Hotel Performance Decreases in Alignment With Memorial Day appeared first on LODGING Magazine.
TORONTO—Figure3 announced the appointment of Shannon Kim as vice president, hospitality. With over 26 years of experience working for Fortune 500 companies, resorts, and hospitality brands globally, Kim brings experience and creativity to the firm. Known for blending aesthetics, functionality, and emotional resonance in her designs, Kim’s influence can be seen in her work. She is an active contributor to global hospitality events. “We are honored to welcome Shannon Kim to the Figure3 team”, says […]
The post Figure3 Names Shannon Kim Vice President, Hospitality appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland continued its monthly monitoring of the top 25 markets to identify those that are leading the industry in meeting and event volume. The company announced the Chicago market led the U.S. meetings and events industry by volume for May for the second month in a row. Second place again went to Washington, D.C., with Los Angeles/Long Beach in third. This data is a subset of Knowland’s sales intelligence platform. In terms of corporate […]
The post Knowland: Chicago Continues to Lead the U.S. Meetings and Events Industry appeared first on LODGING Magazine.
ALISO VIEJO, California—Pacifica Hotels announced the purchase of the Kimpton Hotel Vintage Seattle. The boutique hotel located in downtown Seattle will join the company’s growing portfolio of 40+ properties in California, Hawaii, and Oregon. Purchased for $33.7 million, Pacifica Hotels plans to undergo a renovation that will refresh the 125 guestrooms and the restaurant and lobby. Hotel Vintage Seattle, which will remain Kimpton-operated, has 660 square feet of event space, an outdoor Italian restaurant named […]
The post Pacifica Hotels Announces Purchase of Kimpton Hotel Vintage Seattle appeared first on LODGING Magazine.
TYSONS, Virginia—Cvent collaborated with the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality. As part of the Tisch Center’s Hospitality Innovation Hub Experiential Learning Lab (HI Hub Lab), the engagement aims to provide students with real-world experience in the events industry, through access to Cvent’s technology and Cvent Certification and training opportunities. “We are thrilled to work with NYU’s Tisch Center of Hospitality to help bridge the gap between classroom education and […]
The post Cvent Collaborates With NYU SPS HI Hub Lab appeared first on LODGING Magazine.
AMESBURY, MASSACHUSETTS—Lark announced the debut of four new Lark Independents along North Carolina’s southern shore: The Beach House and The Starlite Inn in Carolina Beach, and The Admiral’s Quarters Motel and The Sand Dunes in Kure Beach. The independently-owned boutique hotels will now be managed and operated by Lark, growing its portfolio of Lark Independents to 18 hotel properties throughout the United States. These newest additions to the Lark Independent roster build on the company’s […]
The post Lark Independents Grow to 18 U.S. Hotel Properties appeared first on LODGING Magazine.
Rosewood Hotel Group announced the appointment of Kevin Yung as chief financial officer. With a career that stretches over 25 years, Yung has knowledge of the financial system and Rosewood’s ecosystem of brands. TMGOC, a partnership between The Montford Group and Opterra Capital, announced the addition of Krystal England as the joint venture’s chief investment officer. England brings development lending and institutional knowledge to her new role. Crestline Hotels & Resorts, LLC announced the appointment […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
LODGING was LIVE at the 2023 NYU International Hospitality Industry Investment Conference. Find our show coverage here. In an exclusive interview with LODGING at the 45th Annual NYU International Hospitality Industry Investment Conference, President and CEO of First Hospitality David Duncan discussed his company’s approach to the lingering labor shortage and the related challenges of attracting and retaining capable workers. “It’s the biggest challenge, and it’s not a new challenge. It’s been building since before the pandemic,” Duncan asserted. “If you […]
The post Next-Level Retention: First Hospitality Goes the Extra Mile for Employee Engagement appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts announced the launch of AirPlay in hotel rooms in collaboration with Apple, giving guests the ability to share content from their iPhone or iPad to their guestroom TV. AirPlay will begin to roll out in select IHG hotels globally before the end of 2023. Once AirPlay is available in hotels, guests can scan a QR code for the TV in their room to stream an entertainment experience on their TV. Built […]
The post IHG Launches Apple AirPlay Integration for In-Room Entertainment appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced that a Hyatt affiliate has entered into a management agreement with Grupo Murano for Hyatt Vivid Grand Island, an adults-only resort, and Dreams Grand Island, a family-friendly 616-room resort. Both properties are expected to open in Cancun, Mexico in early 2024 within the Inclusive Collection. Hyatt Vivid Grand Island will mark the first Hyatt Vivid property in the Inclusive Collection portfolio. “These plans for the first Hyatt Vivid resort reflect the […]
The post Hyatt Vivid Introduces Plans for Brand’s First Resort appeared first on LODGING Magazine.
NEW YORK—The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality and Boston Consulting Group (BCG) collaborated on a survey of hotel owners, management companies, and other industry stakeholders to gauge their sentiments and prospects for the hospitality industry. The resulting white paper, titled “Hotel Borrowing Costs are Rising—But So Are Occupancy Rates,” projects positive outcomes based upon rising demand that will bolster industry metrics, such as occupancy rates, average daily room rates […]
The post NYU SPS and Boston Consulting Group Research Finds Outcomes and Prospects for Hospitality appeared first on LODGING Magazine.
PLANO, Texas—Aimbridge Hospitality has appointed Aly El-Bassuni as Divisional President, Enhanced Select Service. El-Bassuni joins Aimbridge after senior leadership runs at hospitality companies including Radisson and Wyndham and represents the company’s emphasis on adding to its leadership ranks in order to further focused results. “I am excited to welcome Aly to our divisional leadership team and believe he’ll play a key role in our vision to set a new standard in hospitality,” said Mark Tamis, […]
The post Aimbridge Appoints Aly El-Bassuni as Divisional President, Enhanced Select Service appeared first on LODGING Magazine.
WASHINGTON—As over 80 percent of hotels experience staffing shortages, hoteliers are offering potential hires incentives to fill open positions, according to a new survey of hoteliers conducted by the American Hotel & Lodging Association (AHLA). Seventy-five percent of respondents are increasing wages, 64 percent are offering greater flexibility with hours, and 36 percent are expanding benefits—but 87 percent say they are still unable to fill open positions. Eighty-two percent of survey respondents indicate they are […]
The post AHLA: Hoteliers Offer Incentives to Fill Open Positions During Staffing Shortages appeared first on LODGING Magazine.
NEWTON, Massachusettes—Sonesta International Hotel Corporation announced the debut of two soft brands within its expanding portfolio: Classico, A Sonesta Collection, and MOD, A Sonesta Collection. These new soft brands offer independent hotel owners the opportunity to affiliate with Sonesta’s network while retaining their own hotel names, identities, designs, and styles. All Classico and MOD hotels will be included on Sonesta’s website and have access to its distribution channels and services. Classico, positioned in the upper-upscale […]
The post Sonesta Expands Portfolio With Two New Soft Brands appeared first on LODGING Magazine.
LONDON—IDeaS has been selected as the preferred RMS provider for Park Plaza Hotels Europe (PPHE Hotel Group). Following a process, IDeaS’ G3 RMS was selected for its automation and integration within the wider tech stack. G3 RMS will be deployed at 17 properties, including Park Plaza branded hotels across the United Kingdom and the Netherlands, as well as art’otels in Amsterdam, Rome, and in London at its newest property, art’otel London Battersea Power Station. The […]
The post Park Plaza Hotels Europe Selects IDeaS as RMS Provider appeared first on LODGING Magazine.
LODGING is LIVE at the 2023 NYU International Hospitality Industry Investment Conference. Find our show coverage here. The impact of the economic challenges facing the lodging industry was a focal point during a pair of educational sessions at the NYU International Hospitality Industry Investment Conference as hospitality executives discussed revised RevPAR forecasts, rising interest rates, and a stalled transactions market, among other things. During the “Statistically Speaking” session, Amanda Hite, president, STR, revised the company’s forecast […]
The post NYU Panels Address Current Economic Challenges Facing Lodging Industry appeared first on LODGING Magazine.
SAN MATEO, California—Aavgo announced an agreement with the Econo Lodge Franchise Association (EFLA) to offer its Smart Reception capabilities at the more than 700 Econo Lodge hotels across the United States and Canada. The partnership allows Econo Lodge owners to provide guests with a personalized check-in experience. Aavgo’s Smart Reception kiosk connects guests with a front-desk agent who helps manage operations at a single property. Real-time response agents are available to care for guests at […]
The post Econo Lodge Franchise Association and Aavgo Form Agreement for Smart Reception appeared first on LODGING Magazine.
Marriott International, Inc., PCMA, and CEMA announced the release of their “Guiding Principles in Experience Design” study, which provides meetings and events professionals insights to help them forecast the consumer drivers and behaviors that will guide the future of experience design. The study is the latest in a series of industry reports between PCMA and Marriott International that began in 2015 and was initially previewed at Marriott’s THE EXCHANGE: Association Masters Customer Conference, which took […]
The post Marriott, PCMA, and CEMA Release Findings From Meetings and Events Study appeared first on LODGING Magazine.
LODGING is LIVE at the 2023 NYU International Hospitality Industry Investment Conference. Find our show coverage here. The revitalized travel industry, both domestic and international, was a major talking point of “The CEOs Check In” session at the 45th Annual NYU International Hospitality Industry Investment Conference. Moderated by CNBC Anchor Sara Eisen, the panel discussion convened top hospitality executives to share industry observations and best practices in brand leadership. Despite facing significant headwinds emerging from the pandemic, “we see the […]
The post Paving the Way for an Even Stronger Recovery: Leaders Call for More Governmental Support at NYU Conference appeared first on LODGING Magazine.
NEW YORK—STR and Tourism Economics upgraded the 2023 U.S. hotel forecast at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year. The occupancy projection for this year was lowered 0.2 percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5 percent and 1.3 percent, respectively. […]
The post STR, TE Update 2023 U.S. Hotel Forecast ADR and RevPAR Projections appeared first on LODGING Magazine.
Longtime Rockbridge CEO Jim Merkel recently spoke about how the company he co-founded in 1999 has evolved over the decades. As such, he reflected on his very earliest professional experience—working for a hotel owner and operator fresh out of college—and how it provided a valuable operations and development background that has, over the years, informed investment decisions involving some 430 hotels around the country in 45 states. What he considers to be the biggest change […]
The post Rockbridge ‘Ready’ For Lifestyle Growth With New Brand appeared first on LODGING Magazine.
LONDON—Wyndham Hotels & Resorts announced the opening of the Ajul Luxury Hotel & Spa Resort, its first Registry Collection Hotel in Europe. The 171-room resort is located in Halkidiki, Greece. Registry Collection Hotels combine individuality with design and service. The Ajul Luxury Hotel & Spa Resort—owned and operated by Zeus International Hotels & Resorts—is the latest addition to a portfolio of 16 Registry Collection properties across Mexico, Panama, Brazil, the Dominican Republic, and Jamaica. Dimitris […]
The post Wyndham Opens First Registry Collection Hotel in Europe appeared first on LODGING Magazine.
Accor provided an update on the progress of its branded residences business line. Currently, Accor is welcoming residents home at some 40 branded residence communities around the world, with another 100+ projects under development across 20 distinct brand collections. By 2027, the company expects to have more than 150 branded residences in operation, an increase of more than 300 percent. These properties are supported by Accor One Living, the company’s platform focused on the development, […]
The post Accor Plans to Triple Branded Residences in the Next Five Years appeared first on LODGING Magazine.
BETHESDA, Maryand—Marriott International, Inc. announced, in connection with the 2023 NYU International Hospitality Industry Investment Conference, its plans to expand in the affordable midscale lodging segment, following its recent entry with City Express by Marriott in Latin America. Consistent with the company’s approach to regionally relevant lodging products for every purpose, Marriott is announcing its plans to launch a new brand, which has not yet been named but is currently being referred to as Project […]
The post Marriott Announces Midscale Extended-Stay Brand Referred to as Project MidX Studios appeared first on LODGING Magazine.
Hotel security and operations managers review security protocols daily to keep the entire population of guests, staff, vendors, and contractors on hotel premises safe and secure. With so much liability at stake, many hotel security teams are amending existing security plans with a “Zero Trust” policy to drive down risk for potential security breaches. Zero trust security is a concept derived from IT network security protocol, which assumes that everyone and everything are threats until […]
The post 3 ‘Zero Trust’ Reasons Why Hotels Should Use Key Control appeared first on LODGING Magazine.
DALLAS, Texas—Remington Hotels announced that it has rebranded to Remington Hospitality, which reflects the company’s hospitality offerings and the organization’s future direction, focusing on the following areas: With over 50 years of experience in the hospitality industry, the company works in hotel management and ownership. In 2021, the company launched its Brand Performance team, impacting guest satisfaction. As it expands into other hospitality verticals, such as wellness resorts, and explores an international expansion, the new […]
The post Remington Hospitality Rebrand Focuses on the Organization’s Future appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced plans for the 509-room Secrets Playa Blanca Costa Mujeres, which is expected to open later this year, further expanding the Inclusive Collection in Mexico and Hyatt’s brand footprint. Slated to open by the end of 2023, Secrets Playa Blanca Costa Mujeres will be located along the Costa Mujeres shoreline, 12 miles north of Cancun, Mexico. Situated on a beach with access to the barrier reef, the hotel will have water sports […]
The post Hyatt Plans Secrets Playa Blanca Costa Mujeres appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Sonesta Essential Vacaville. The 86-room, upper-midscale, select-service property is the first Sonesta Essential branded hotel in Sonesta’s portfolio. Sonesta Essential provides guests with the essentials for their stays. Sonesta Essential has elevated bedding as part of the brand’s sleep program, WiFi, hot breakfast, all-day coffee, and a fitness center. “Having launched the Sonesta Essential brand earlier this year, we are excited to open our first Essential […]
The post First Sonesta Essential Opens in Vacaville, California appeared first on LODGING Magazine.
Embassy Suites by Hilton Virginia Beach Oceanfront Resort | Virginia Beach, Virginia With 157 suites affording panoramic views of the Atlantic coast, the new Embassy Suites by Hilton Virginia Beach Oceanfront Resort is the third hotel within the Cavalier Resort’s semi-private enclave, joining the historic Cavalier Hotel and Beach Club and the Marriott Resort Virginia Beach Oceanfront. Situated on Atlantic Avenue, the Embassy Suites is near local attractions such as Ocean Breeze Waterpark, Motor World […]
The post A Modern Complement to a Historic Seaside Hotel appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—As expected ahead of Memorial Day, U.S. hotel performance decreased from the previous week, according to STR’s latest data through May 27, 2023. Year-over-year comparisons were improved. U.S. Hotel Performance May 21-27, 2023 Percentage change from comparable week in 2022:Occupancy: 66.8 percent (up 0.6 percent)ADR: $156.63 (up 2.2 percent)RevPAR: $104.62 (up 2.9 percent) Among the Top 25 Markets, Washington, D.C., saw the highest year-over-year occupancy lift (up 10.5 percent to 76.2 percent). Of note, […]
The post STR: Pre-Memorial Day U.S. Hotel Performance Decreased appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—Procaccianti Companies announced the acquisition of the Presidents’ Quarters and the development of the Sabal House Savannah. The project is a joint venture with Kim King Associates and Ross Hotel Partners. When complete, the 62-room boutique hotel will comprise 20 rooms and suites from the 150-year-old Presidents’ Quarters combined with 42 rooms from a new construction building connected through an outside courtyard linking the two properties. “Blending a 150-year-old historic inn with a […]
The post Procaccianti Companies Announces Acquisition of the Presidents’ Quarters appeared first on LODGING Magazine.
ABERDEEN, South Dakota—My Place Hotels of America entered into a two-phase franchise and development agreement with Rimrock Companies for 10 extended-stay hotels throughout the U.S. South over the next six years. “We’re honored to be partnering with the top extended-stay hotel brand in the business and grateful for the trust My Place Hotels has placed in us to develop a minimum of 10 new properties in the Southeast region of the United States,” said Micah […]
The post My Place Hotels of America and Rimrock Companies Enter Development Agreement appeared first on LODGING Magazine.
DALLAS—NewcrestImage has entered into a strategic partnership with Coury Hospitality, based in Dallas, with a 50 percent ownership stake. This alliance marks a venture between the two companies, combining their resources in the pursuit of lifestyle hotel development. NewcrestImage currently owns a portfolio of approximately 70 hotels across 26 states, while Coury Hospitality manages 12 lifestyle hotels in six states, including 10 Marriott Autograph Collection properties with three more under development. The collaboration between NewcrestImage […]
The post NewcrestImage and Coury Hospitality Enter Partnership With 50 Percent Ownership Stake appeared first on LODGING Magazine.
According to CBRE’s February 2023 Investment Performance forecast, total revenues for the average U.S. hotel returned to 2019 levels in 2022, but the recovery of hotel profits will be delayed until later this year. Hotel franchise and management companies have benefited the most from the ongoing revenue recovery because the fees they receive are frequently earned as a percent of revenue. However, for many hotel owners, along with their lenders and investors, the lag in […]
The post Hoteliers Eyeing Interest Coverage: Challenge Increases This Year as Higher Rates Prevail in the United States appeared first on LODGING Magazine.
Highgate announced the appointment of Mike Uwe Dickersbach to chief digital officer. In this newly created role, he will be responsible for leading Highgate in identifying and implementing technologies to enhance the organization. Fairlane Hotel named Michael Dunbar general manager to take the lead on hotel operations, guest relations, and execution strategy. Dunbar previously opened and managed AC & Element Hotels by Marriott in San Antonio Riverwalk. Hyatt Regency Lost Pines Resort and Spa announced […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Along with bath facilities, the bed is one of the basic reasons for renting a hotel room, and superior bedding that supports a quality night’s sleep is increasingly what guests expect across all chain scales. Accordingly, inadequate bedding is one of the three major sources of complaints from guests, along with lack of cleanliness and incompetent problem resolution, observes David Wiles, director, Hospitality Division, Tempur Sealy International, Inc. As a result, hoteliers are making greater […]
The post Better Bedding: Suppliers Respond to the Call for Greater Comfort, Safety, and Sustainability appeared first on LODGING Magazine.
SAN FRANCISCO, California—The Barnes joined the Tapestry Collection by Hilton hotel portfolio. The 189-room hotel is near the San Francisco cable cars and the city’s shopping and culinary offerings. The hotel is located in Union Square, and its remodeled rooms are getting more finishing touches and additional renovations of shared spaces this fall. “We are thrilled for The Barnes to join the Tapestry Collection by Hilton brand,” said Richard Sandoval, vice president of operations, Spire […]
The post The Barnes Joins Tapestry Collection by Hilton appeared first on LODGING Magazine.
DENVER—CoralTree Hospitality is growing its collection of hotels and resorts in Texas with the addition of The Peninsula Beach Resort, a resort community along the Gulf Coast. The 110-acre property in Port Bolivar is scheduled to offer 90 single-family homes, 114 rental cottages that can accommodate up to 1,000 guests per day with a clubhouse and two pools, 50 recreational vehicle sites, more than 160 beachside condominiums, dining options, and a private airport. The first […]
The post CoralTree Hospitality Grows Collection With The Peninsula Beach Resort appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts announced a renewable energy offering for IHG hotels in select markets across the United States in collaboration with Ampion, a provider of community solar solutions. IHG is providing hotels with a community solar offering that includes Renewable Energy Certificates (RECs), helping hotels reduce greenhouse gas emissions by accessing renewable energy through solar panel projects built near a hotel’s community. The electricity generated by solar panel projects is fed into the local […]
The post IHG Implements Renewable Energy Offering in Partnership With Ampion appeared first on LODGING Magazine.
CHARLESTON, South Carolina—The Indigo Road Hospitality Group has added Bridge Creek Inn in Clayton, Georgia, to its portfolio of boutique hotels throughout the Southeast and Midwest. Indigo Road will manage the property, slated to open in September 2023, for Ridgeline Investment Partners, the property’s owner. “Each property in our portfolio is thoughtfully added, carefully curated, and designed with our development partners to embody the essence of its location,” said Larry Spelts, president of Lodging & […]
The post Indigo Road Adds Bridge Creek Inn to Portfolio appeared first on LODGING Magazine.
Transforming unsuspecting locations into bold personalities—that’s the goal for Best Western® Hotels & Resorts’ fast-growing boutique brand, Aiden®. With more than 60 spectacular locations open and under development globally—including properties in Berkeley, California; Austin, Texas; Scottsdale, Arizona; Seoul, South Korea; and Sydney, Australia—Aiden hotels deliver unique character and tons of local flavor. Each Aiden is a personality designed by its owner with a strong cultural connection. Owners choose their favorite designer and embark on a […]
The post Aiden Hotels: Craft Your Next Story appeared first on LODGING Magazine.
As president/CEO of Hilton, Chris Nassetta has frequently referred to the current period of time as the “Golden Age of Travel,” and after stepping in as national chair of the U.S. Travel Association earlier this year, he now has an opportunity to put a stamp on that message, quite literally, as well as his overall legacy. Nassetta—who has long been active with the Washington, D.C.-based nonprofit association—in late February was elected to succeed Christine Duffy, […]
The post Stamping His Hotel Legacy: New U.S. Travel Chair Chris Nassetta Looks to Remove Barriers to Travel appeared first on LODGING Magazine.
SAVANNAH—The Kimpton Brice, located in the Historic District of Savannah, Georgia, announced the completion of a full-property refresh. The renovations included the hotel’s lobby, guestrooms, corridors, meeting rooms, pool terrace, and on-site restaurant Pacci Italian Kitchen + Bar. As the first full-touch renovation since the hotel’s inception in 2014, the redesign creates a new chapter in the building’s history by modernizing the guest experience and maintaining the hospitality for which the property has long been […]
The post The Kimpton Brice Completes Full-Property Renovation appeared first on LODGING Magazine.
As president and head of CBRE Hotels in the Americas, Bill Grice leads a team of over 225 capital markets, advisory, project management, and research professionals solely dedicated to the lodging industry. Grice has over 20 years of hotels and hospitality experience as a lender, debt and structured finance intermediary, and brokerage platform leader. He shares with Kara Filer, vice president of strategic partnerships and business development for the American Hotel & Lodging Association (AHLA), […]
The post Positioning Clients for Success: CBRE President on Innovative Services and Industry Trends appeared first on LODGING Magazine.
ONTARIO, California—Best Western Hotels & Resorts announced the opening of the Best Western Ontario. The property is owned by Verdant Ontario Mills LLC and features 105 rooms, consisting of 83 executive guestrooms and 22 suites. The Best Western Ontario has lifestyle amenities and executive guestrooms and suites that are equipped with beds, microwaves, mini-fridges, and flat-screen televisions. For the convenience of corporate travelers, rooms are also furnished with work areas including ergonomic chairs. Guests can […]
The post Best Western Ontario, California Opens appeared first on LODGING Magazine.
EL SEGUNDO, California, and PLANO—DIRECTV HOSPITALITY and Aimbridge Hospitality announced a new relationship where the two companies will work together to improve the in-room guest experience, effective immediately. The collaboration represents the first agreement between DIRECTV and a major hotel management company, as well as an effort to enhance how U.S. travelers consume content in their hotel rooms. Aimbridge currently has more than 170,000 rooms under management in the United States, representing a variety of […]
The post DIRECTV HOSPITALITY and Aimbridge Announce New Relationship appeared first on LODGING Magazine.
Marriott International, Inc. reported first-quarter 2023 results. Anthony Capuano, president and CEO, said, “We are off to a great start in 2023. First quarter worldwide RevPAR grew 34 percent year over year, with meaningful gains in both occupancy and average daily rate. International markets were particularly robust, with RevPAR growth of 63 percent. The lifting of travel restrictions throughout Asia Pacific, particularly in Greater China, significantly boosted first-quarter demand in the region. “In the United […]
The post Marriott International Reports Q1 2023 Financial Results appeared first on LODGING Magazine.
Most management contracts include an incentive management fee in addition to the base management fee. The incentive fees are designed to make management more conscious of the bottom line since owners achieve their returns and pay their debts from profits, not revenue. Incentive management fees are earned by the operator once a designated profit threshold is achieved. Given the depressed performance of hotels during the 2020 industry downturn, unsurprisingly almost no hotel owners paid an […]
The post The Return of Incentive Management Fees: Payments to Operators Began Reaching Pre-COVID Levels Last Year appeared first on LODGING Magazine.
InterContinental Hotels Group PLC announces that Keith Barr has informed the Board of his decision to step down from his role as Group Chief Executive Officer (CEO) and from the IHG Board. Keith intends to return with his family to the US. His final day as CEO will be 30 June, after which he will remain available to support and advise the business until the end of 2023. Keith will be succeeded by Elie Maalouf, […]
The post Intercontinental Hotels Group plc Announces CEO Succession appeared first on LODGING Magazine.
Armed with a well-documented reputation for building brands and companies, industry veteran Eric Danziger is at it again with the formation of a new third-party management company called Resolute Road Hospitality. The newly rebranded company—previously known as Braintree Hospitality, the hospitality arm of Boise, Idaho-based Braintree Group—currently has a 15-hotel portfolio of owned properties and is looking to expand on that primarily through third-party agreements. Danziger joined Braintree Group in March 2022 following a six-year […]
The post On the ‘Road’ Again: Eric Danziger Debuts Third-Party Management Company appeared first on LODGING Magazine.
LOS ANGELES—Located a few miles from SoFi Stadium, The Westin Los Angeles Airport offers modern wellness and will unveil a $45 million renovation in late 2023. The hotel is currently undergoing a transformation to match Los Angeles’ ongoing tourism boom, as well as LAX’s modernization project. “Los Angeles is in the midst of a major renaissance—and fittingly, The Westin Los Angeles Airport is being reborn in 2023,” said Mark Goldrup, general manager. “Combined with our […]
The post The Westin Los Angeles Airport Announces Renovation Updates appeared first on LODGING Magazine.
LAS VEGAS—MGM Resorts International reported financial results for the quarter ended March 31, 2023. “MGM Resorts is executing across all of its geographies and channels with record first quarter Las Vegas Strip Adjusted Property EBITDAR, consistently strong Regional Operations profit, MGM China’s swift return to profitability, and BetMGM’s anticipated positive earnings later this year,” said Bill Hornbuckle, CEO and president of MGM Resorts. “Beyond our continued exceptional results, our future growth and expansion plans are […]
The post MGM Resorts International Reports Q1 2023 Financial Results appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced that the Chicago market led the U.S. meetings and events industry by volume for April 2023. Second place went to Los Angeles-Long Beach, with Washington, D.C. in third. The leading industry driver for meetings was national associations, placing either first or second across the top five markets. This data is a subset of Knowland’s sales pipeline generation platform. Chicago ranked as the top meetings and events market with spring’s return of industry […]
The post Knowland: Chicago Led U.S. Meetings and Events Volume for April 2023 appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance showed mixed results from the previous week but remained up year over year, according to STR’s latest data through April 29, 2023. U.S. Hotel Performance April 23-29, 2023 Percentage change from comparable week in 2022: Occupancy: 66.6 percent (up 0.1 percent) ADR: $156.14 (up 5.5 percent) RevPAR $104.01 (up 5.6 percent) Among the Top 25 Markets, Boston saw the highest year-over-year occupancy increase (up 15.3 percent to 75.6 percent). Of note, […]
The post STR: U.S. Hotel Performance Shows Mixed Results From Previous Week appeared first on LODGING Magazine.
A self-described gardener, Makeready President and COO Christine Magrann was tapped by Jimmy Merkel, CEO and founder of investment firm Rockbridge, in 2015 to take on a position that entailed tending to a relatively new variety of guest, one seeking a more personal experience than that offered by the traditional brands. Magrann recently shared with LODGING how she approaches providing the brand’s unique guest experiences much like a gardener, with patience, teamwork, and constancy, saying, […]
The post Making a Good Impression: Makeready President Christine Magrann on Growing a Unique Brand appeared first on LODGING Magazine.
Marriott International, Inc. announced that it has completed its acquisition of the City Express brand portfolio from Hoteles City Express, S.A.B. de C.V. With this acquisition, Marriott International has entered the affordable midscale segment and is launching its 31st brand, City Express by Marriott. “We are thrilled to expand our portfolio into the fast-growing affordable midscale segment,” said Leeny Oberg, chief financial officer and executive vice president, development, Marriott International. “Our goal is to be […]
The post Marriott Completes Acquisition of City Express Brand Portfolio appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced two new staff additions that will further expand the organization’s government affairs and advocacy capabilities. Kat Fonda has been named AHLA’s director of federal affairs. In this new role, she will be responsible for policy development and advocacy before Congress and other federal government agencies. Fonda joins AHLA from Fundraising Inc., where she served as a fundraising consultant to several dozen members of Congress, including multiple committee […]
The post AHLA Bolsters Federal and Government Affairs Teams appeared first on LODGING Magazine.
Graduate Hotels announced the appointment of Michaella Solar-March as chief marketing officer. Based in the brand’s Nashville headquarters, she will drive global marketing strategy for Graduate Hotels’ more than 33 properties in the United States and the United Kingdom. Meyer Jabara Hotels promoted Heather Sanborn to corporate director of revenue management, effective immediately. Sanborn was previously serving as regional director of revenue management. The Lake House on Canandaigua welcomed Chris Jennings as its new general […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
From both cost savings and sustainability perspectives, energy management has long been a key initiative for hoteliers. But with the rise in utility prices last year, optimizing energy efficiency has become an even higher priority among owners and operators. According to CBRE’s monthly P&L survey, hoteliers’ utility expenses in December 2022 increased by 21.5 percent on a dollar per available room basis over December 2021, which is partly due to increased occupancy, but also to […]
The post Surviving the Surge: Recent Rise in Energy Rates Calls for Operators to Marshal Their Resources appeared first on LODGING Magazine.
Micajah P. Sturdivant IV, president and CEO of Mississippi-based MMI Hospitality Group, says his family’s 1850s roots in farming are consistent with its embrace of the hospitality industry a century later. The family farm has evolved and expanded into the present day, growing cotton, corn, and soybeans in a vertically integrated, technology-focused commercial operation while staying true to its culture and values. The family hospitality business has followed a similar trajectory over its 66-year history, […]
The post Southern Hospitality: MMI President and CEO Micajah Sturdivant IV on How He and His Family’s Company Have Evolved appeared first on LODGING Magazine.
ATLANTA—hihotels by Hospitality International announced a partnership with Hopper. With this partnership, Hopper will have a connection with hihotels’ five brands: Scottish Inns, Red Carpet Inn, Master Hosts Inns, Downtowner Inns, and Passport Inn. These brands will benefit from Hopper’s suite of fintech products that drive conversion, repeat purchases, and profitability. Hopper will also help hihotels expand its online presence and retain its customer base. “This strategic alliance with Hopper is yet another way of […]
The post hihotels Announces Partnership With Hopper appeared first on LODGING Magazine.
SADDLE BROOK, New Jersey—Hodges Ward Elliott arranged the sale of the Marriott Saddle Brook, a 241-key asset located in the township of Saddle Brook, New Jersey. The property is 20 miles from Manhattan. An HWE team comprised of B.J. Patel, managing director; Jay Morrow, managing director; and Coby Campbell, vice president, brokered the sale of the property on behalf of the seller. The asset opened its doors in 1967 as the Marriott Motor Hotel and […]
The post Hodges Ward Elliott Arranges Sale of Marriott Saddle Brook appeared first on LODGING Magazine.
In the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts detailed the leading franchise companies and their brands in the construction pipeline at the close of the first quarter. Marriott topped the charts with the greatest number of projects in the U.S. hotel construction pipeline in Q1 2023 with 1,499 projects/181,377 rooms; followed by Hilton with a record-high count of 1,436 projects/161,359 rooms; and then IHG with 809 projects/80,679 rooms. […]
The post Lodging Econometrics: Marriott, Hilton, and IHG Lead U.S. Hotel Construction Pipeline appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel total revenue per available room (TRevPAR) was the highest for any month on record, according to STR’s March 2023 P&L data release. U.S. Hotel Performance March 2023 Per-available-room Metrics (Percent change from March 2022)GOPPAR: $95.12 (up 14.5 percent)TRevPAR: $238.22 (up 17.5 percent)EBITDA PAR: $71.07 (up 14.4 percent)LPAR (Labor Costs): $74.43 (up 23.4 percent) “Revenues and profits improved for a second consecutive month with each of the key profit-and-loss metrics showing double-digit growth […]
The post STR: U.S. Hotel TRevPAR Reaches Highest Monthly Level in March 2023 appeared first on LODGING Magazine.
WASHINGTON—Tennessee Governor Bill Lee signed a bill into law—the Protecting Tennessee Businesses and Workers Act. This legislation will prevent local governments from targeting small business owners and workers with harmful regulations on employee work hours, scheduling, and productivity. “We applaud Gov. Bill Lee for signing the ‘Protecting Tennessee Businesses and Workers Act’ into law,” said American Hotel & Lodging Association President and CEO Chip Rogers. “Tennessee is a top-tier state for employers to start a […]
The post AHLA’s Chip Rogers Discusses the Protecting Tennessee Businesses and Workers Act appeared first on LODGING Magazine.
Ambitious entrepreneurs in lodging technology innovation are motivated by a passion to improve the industry, companies, people, and maybe even the world. Driven by a desire to succeed, they work tirelessly to secure the funding, backing, and press necessary to transform their fledgling idea into a thriving business operation. But how do these ideas start? Where do they come from? The idea may be an entirely new model, improve upon existing technology in the marketplace, […]
The post Must Start Somewhere: Sourcing the Next Big Ideas in Lodging Tech appeared first on LODGING Magazine.
In the Q1 2023 U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), LE analysts report that as a group, year-over-year the hotel construction pipeline has grown in the Top 25 Markets in the United States. The top five U.S. markets with the largest hotel construction pipelines at the close of the first quarter are led by Dallas with, record-high project and room counts of 184 projects/21,810 rooms. Following are Atlanta with 144 projects/18,242 […]
The post Lodging Econometrics: Top 25 U.S. Markets Grow in the Hotel Construction Pipeline appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its first quarter 2023 financial results. Metrics from the results include:
The post Hilton Reports Q1 2023 Financial Results appeared first on LODGING Magazine.
When it comes to hotel management, there is only one way to truly operate as an owner, according to Tyler Morse, chairman and CEO of MCR, and that is simply to be one. With that philosophy as part of its operational DNA helping to drive performance, MCR continues to add unique, signature assets to its growing portfolio of properties. As an example, the New York-based company—which is among the largest hotel owner/operators in the industry […]
The post The Owner’s Advantage: MCR Chairman and CEO Reveals the ‘Secret Sauce’ to Healthy Profit Margins appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced a Sales Leader Training Guide designed to provide sales leaders with tips for helping property-level sellers get results from the Knowland platform. Potential customers gain a look at the nuances of the platform. Profitability requires top-to-bottom sales strategies; owners and asset managers are looking to protect their investments through data analytics. The Guide includes questions needed to gain insight into industry trends and property-level sales performance. Patricia Shea, senior vice president, sales […]
The post Knowland Creates Sales Leader Training Guide appeared first on LODGING Magazine.
The recently opened Pennywell St. Louis Downtown, a Hilton Hotel, pays homage to its historic home: the former Merchants-Laclede National Bank. Opened in 1885, the bank became an influential example of St. Louis architecture. The hotel’s interior design, created by Jacky Arena Interiors, emphasizes historical elements such as the original 1888 vault doors and vintage décor, and alludes to the building’s financial history with gold and green accents. The Pennydrop Bar + Kitchen supports this […]
The post A Contemporary Design That Embraces Banking History appeared first on LODGING Magazine.
According to a 2021 McKinsey & Company report, companies who excel at personalization generate 40 percent more revenue from those activities than companies who are merely average in that key area. The hospitality experience is particularly suited to customization, and hoteliers can certainly benefit from excelling in catering to guests’ individual preferences. In fact, 86 percent of travelers are looking for more personalized interactions, per a 2020 KPMG study.
The post The Power of Personalization appeared first on LODGING Magazine.
Hyatt Hotels Corporation and Mr & Mrs Smith announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform offering direct booking access to a collection of over 1,500 boutique and luxury properties around the world. Hyatt will acquire 100 percent of the Mr & Mrs Smith platform for an enterprise value of £53.0 million in cash consideration. “We are excited by this planned acquisition and to explore bringing guests and […]
The post Hyatt to Further Strengthen Position in Luxury With Plans to Acquire Mr & Mrs Smith appeared first on LODGING Magazine.
MONKEY ISLAND, Oklahoma—Crescent Hotels & Resorts announced the addition of the Shangri-La Resort & Marina to its Latitudes: Lifestyles by Crescent collection. Positioned on 1,300 miles of shoreline, the Shangri-La Resort & Marina is a full-service resort complex on northeastern Oklahoma’s Grand Lake O’ The Cherokees. The lakeside property has 119 guestrooms with amenities, some of which offer access to the resort’s 6,500-square-foot pool and children’s splash pad. The property also has poolside fire pits, full-service […]
The post Crescent Hotels & Resorts Adds Shangri-La Resort & Marina to the Latitudes Portfolio appeared first on LODGING Magazine.
SAVANNAH, Georgia—The recent grand opening of the Cambria Hotel Savannah Downtown Historic District was a natural choice for the brand’s first foray into the Peach State, according to Janis Cannon, SVP, upscale brands, Choice Hotels International, Inc. Cannon emphasized that the new property meets both the needs of its target customers, specifically “guests who want to have a sense of space and a sense of place,” as well as the brand’s growth strategy “to focus […]
The post Choice Brings Cambria to Peach State With Savannah Opening appeared first on LODGING Magazine.
Opened in February, Yours Truly DC represents the Americas debut of IHG Hotels & Resorts’ Vignette Collection, the newest brand in IHG’s Luxury & Lifestyle portfolio. Located within Washington’s Dupont Circle, Yours Truly DC exemplifies the brand’s concept of unexpected guest experiences, known as “Memorable Rituals.” For example, guests can curate the soundtrack to their stay at El Donut Shoppe, an outpost of the Orlando-based record store located off the hotel’s lobby. Rare jazz, funk, […]
The post Bohemian Meets Brutalism at IHG’s New Boutique Property appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data through April 22, 2023. U.S. Hotel Performance April 16-22, 2023 Percentage change from comparable week in 2022):Occupancy: 67.2 percent (up 2.3 percent)ADR: $155.76 (up 4.2 percent)RevPAR: $104.64 (up 6.6 percent) Helped by group demand, which was the third highest of the pandemic era, the occupancy and RevPAR levels were the second highest of the year, behind the week ending March 18, […]
The post STR: Two U.S. Hotel Performance Metrics Reach Second-Highest Yearly Levels appeared first on LODGING Magazine.
This week, Choice Hotels International is hosting its 67th Annual Convention at Mandalay Bay Resort & Casino, Las Vegas, bringing together more than 6,000 hotel owners, general managers, vendors, and Choice associates. LODGING was on hand to gather insights from Choice leadership on the company’s strong growth and performance across its many brands, which inspired the convention’s “unstoppable” theme. During his keynote at the Tuesday afternoon Corporate Business Session, President and CEO Pat Pacious highlighted […]
The post Calculated Growth: Choice Hotels Annual Convention Showcases Momentum and Expansion Plans appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended March 31, 2023. The results include: “Our impressive first quarter results demonstrate continued momentum with global RevPAR growth of 12 percent, net room growth of 4 percent, and the 11th consecutive quarter of sequential growth in our development pipeline,” said Geoffrey A. Ballotti, president and CEO. “We outperformed our adjusted EBITDA expectations, leading us to raise our full-year outlook as a result. […]
The post Wyndham Hotels & Resorts Releases Q1 2023 Financial Results appeared first on LODGING Magazine.
April is Earth Month—a perfect time to reflect on the hotel industry’s commitment to protecting the future of our planet by providing a “Responsible Stay” for guests. America’s hotels are implementing sustainability measures and driving the industry toward a more environmentally responsible future through the American Hotel & Lodging Association’s Responsible Stay initiative. Its four pillars include prioritizing energy efficiency, waste reduction, water conservation, and responsible sourcing. So far, these principles have gained more than […]
The post Uniting Hotels Around Sustainability: Responsible Stay Initiative Gains Support From AHLA Members and Visibility in Washington appeared first on LODGING Magazine.
MCLEAN, Virginia—It’s 3 p.m. on a Monday at Homewood Suites Largo Washington D.C., arguably one of the busiest times for this hotel’s lobby. A guest, having checked in on Sunday, would like to inquire about dinner reservations. They approach the front desk. Although the hotel is at capacity, there is no line. The guest is welcomed personally by a smiling Hilton team member, who has time to ask about their preferences, dining style, and more […]
The post Hilton and HotelKey Create New Cloud-based Property Engagement Platform appeared first on LODGING Magazine.
Waterford Hotel Group promoted Chris Chiappa to vice president, acquisitions and business development—East. In this role, Chiappa will seek new business for Waterford Hotel Company, including management and investment opportunities. Gulph Creek Hotels appointed Sabriya Homer as vice president of accounting and administration. In this role, Homer will be responsible for the creation, execution, and refinement of financial strategies. Olympia Hotel Management has named Karl McElligott director of food and beverage. McElligott was previously the […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. kicked off its 67th annual convention in Las Vegas with more than 6,000 hotel owners, general managers, vendors, and Choice associates in attendance. The convention comes on the heels of a landmark 2022 for Choice, with step-function growth bolstered by the acquisition of Radisson Hotels Americas. The company continues its moves upmarket into the upscale and upper upscale segments, creating opportunities for franchise owners to capture higher-income consumers. Choice Hotels […]
The post Choice Hotels Kicks off 67th Annual Convention in Las Vegas appeared first on LODGING Magazine.
To maintain a secure and safe environment for guests and employees, general managers should establish a “culture of safety,” where all staff understand the importance of keeping guests and coworkers safe through attentiveness to any potential issues. This culture must extend through the entire organization, especially into HR and management, through open-door policies and proper de-escalation and crisis training. General managers can then reinforce this training with daily “stand up” meetings and through motivation and […]
The post 6 Best Practices to Keep Your Hotel Safe and Secure appeared first on LODGING Magazine.
SAN FRANCISCO—The Hospitality Asset Managers Association (HAMA) released the results of its Spring 2023 Industry Outlook Survey. The semi-annual report collected the opinions, experiences, and predictions of more than 80 hotel asset managers concerning the current state of the hospitality industry with a particular focus on 2023 forecasts and pre-COVID comparisons. The results of the survey, which were conducted prior to HAMA’s 2023 Annual Spring Meeting that was held Thursday, April 20, 2023, in San […]
The post HAMA Releases Spring 2023 Industry Outlook Survey Results appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) and the Hospitality Sales and Marketing Association International (HSMAI) Americas announced a new strategic partnership that will align the two leading hospitality industry associations to benefit their respective members and advance the hospitality industry. The partnership will create linkages to the industry’s sales, marketing, and revenue optimization professionals for AHLA while expanding HSMAI’s organizational reach. The new agreement, effective April 25, 2023, includes the following areas of collaboration: […]
The post AHLA and HSMAI Americas Align in a New Strategic Partnership appeared first on LODGING Magazine.
DANBURY, Connecticut—Meyer Jabara Hotels has been selected by Miami-based Pappas Hotels to manage the 95-room Holiday Inn Express & Suites in Aiken, South Carolina. This deal marks the fourth Holiday Inn Express to be managed by MJH and its third hotel in South Carolina. “The time finally came to buy a new hotel, and I knew it needed a professional management team to keep it operating at peak performance,” said Dean Pappas, president of Pappas […]
The post Meyer Jabara Hotels’ Portfolio Welcomes Holiday Inn Express & Suites in Aiken, South Carolina appeared first on LODGING Magazine.
DALLAS—Braemar Hotels & Resorts Inc. announced that it finalized an extension of its $51.0 million mortgage loan for the 80-room Hotel Yountville. The loan is being extended beyond its original maturity in May 2023 for an additional six months with one additional six-month extension available. As extended, the loan will have a rate of SOFR +2.55 percent that will reset to SOFR +3.50 percent on July 1, 2023. In conjunction with this extension, the company […]
The post Braemar Hotels & Resorts Finalizes Loan Extension for Hotel Yountville appeared first on LODGING Magazine.
As the digital entertainment journey continues to evolve within the hospitality space, hoteliers are faced with more complex decisions than ever before about exactly how to provide their guests with both a memorable and seamless experience. Whether you’re talking about live TV programming, streaming services or wifi networks, guest expectations have risen to new heights in a post-COVID environment where they demand their hotel technology meets or exceeds what they have at home. Creating a […]
The post Bringing Digital Entertainment Into Focus for Hoteliers appeared first on LODGING Magazine.
Although pandemic restrictions have loosened, ripple effects still cause staffing shortages across every industry. According to Stephanie Ferguson, director of global policy for the U.S. Chamber of Commerce, “The pandemic caused major disruption in America’s labor force. In 2021, more than 47 million workers quit their jobs in search of an improved work-life balance.” Ferguson’s February 2023 report says leisure and hospitality have “had the highest quit rate above all other industries since July 2021, […]
The post Understaffed Hotel? Get More ‘Hands on Deck’ With Key Control appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced the official opening of a new boutique hotel, The Pell, a part of the JdV by Hyatt brand. The property, which is managed by Highgate, is located on Rhode Island’s Aquidneck Island, minutes from Newport with attractions and activities. Completing a renovation with a modern bohemian design, The Pell is a reflection of the coastal neighborhood in which it resides. The Pell is less than two miles from Sachuest Beach, Third […]
The post Hyatt Hotels Corporation Opens The Pell in Rhode Island appeared first on LODGING Magazine.
ROCKVILLE, Maryland—This year marks the 15th year since Choice Hotels International, Inc. launched the industry’s soft brand segment with the introduction of the Ascend Hotel Collection. In the 15 years since, the soft brand segment has become one of the highest growth segments in hospitality by enabling independent hotels to access national sales and marketing platforms, reservation systems, and loyalty programs without losing their character and community focus—appealing to both independent owners and the next […]
The post Choice’s Ascend Hotel Collection Marks 15-Year Anniversary appeared first on LODGING Magazine.
Noble House Hotels & Resorts announced its partnership with Green Key Global. All Noble House Hotels & Resorts within the United States have applied to be certified in sustainability through Green Key Global’s eco-rating program for the hotel and lodging industry. “Noble House Hotels & Resorts have made significant commitments to sustainability across their operation,” said Rebecca Bartlett Jones, director of Green Key Global. “We are thrilled to have entered into a partnership promoting these […]
The post Noble House Hotels & Resorts Announces Partnership With Green Key Global appeared first on LODGING Magazine.
Industrial technology has a long history of maximizing productivity while minimizing the workers and time needed to deliver the results. Partly due to its role in helping to meet the labor shortage via the digitization and automation of many tasks, the PMS (property management system) has become one of the most critical tools in the hotelier’s arsenal. “From a hotel employee perspective, today’s workers are challenged to do more with fewer resources,” observes Frederic Dominioni, […]
The post Toward PMS Perfection: Property Management System Vendors Strive to Enhance Flexibility and Functionality appeared first on LODGING Magazine.
LONDON—Each of the four world regions showed a year-over-year decline in hotel construction activity. Asia Pacific is closest to its 2022 comparable, according to March 2023 pipeline data from STR. March 2023 (changes in comparison with March 2022) were as follows: Europe Germany (34,030) and the United Kingdom (29,160) lead Europe in total rooms in construction. Asia Pacific Among countries in the region, China has the most rooms in construction (299,458), followed by Vietnam (36,358). […]
The post STR: Four World Regions Show Year-Over-Year Decline in Construction Activity appeared first on LODGING Magazine.
In 2022, NewcrestImage acquired nearly 90 hotels. Managing Partner and CEO Mehul Patel expects to top that number in 2023. To date, the Dallas, Texas-based company is well on its way to acquiring 100 properties this year: In March alone, NewcrestImage announced two joint venture (JV) acquisitions with Phoenix, Arizona-based Hospitality Capital Partners (HCP), adding a 16-hotel portfolio spanning nine states and an 11-hotel portfolio spanning seven states. HCP and its principals have owned nearly […]
The post Opportunistic Outlook: Mehul Patel on NewcrestImage’s Acquisition Strategy appeared first on LODGING Magazine.
IRVINE, California—KSL Resorts announced it has launched a new sustainability program, “On Purpose,” to be rolled out among its portfolio of 11 hotels and resorts, among them Camelback Resort in the Pocono Mountains, Pennsylvania; Vespera Resort on Pismo Beach, California; Fairmont Grand Del Mar in San Diego, California; Silverado Resort and Spa in Napa, California; and Sheraton San Diego Hotel & Marina in San Diego, California. While the name and framework are new, the program […]
The post KSL Resorts Announces New Sustainability Program: ‘On Purpose’ appeared first on LODGING Magazine.
HOUSTON—Located within Houston’s uptown area, JW Marriott Houston by The Galleria recently unveiled the last renovation phase of the guestrooms, suites, and corridors to finalize the hotel’s complete transformation. The enhancements join the meeting and public spaces, lobby, and executive lounge, which were finished in 2019. The spaces reflect design choices by Parker-Torres Design, which represent Houston’s history and culture while creating transitions throughout the hotel’s interior. Attention was given to creating spaces for the […]
The post JW Marriott Houston by The Galleria Completes Renovations appeared first on LODGING Magazine.
Hoteliers understand that they work in an environment fraught with legal implications, multiplied by myriad municipal, state, and federal statutes and regulations. Large hotel companies employ risk management professionals focused on safeguarding people and assets. They know that, while enterprises are not insurers of the safety of guests, hospitality operators have a legal duty to exercise reasonable care to provide hazard‑free premises for guests and staff. Nevertheless, hotels large and small become defendants in lawsuits […]
The post Lodging’s Legal Environment: Two Cases That Illustrate the Vital Importance of Reasonable Care by Hotel Management appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association President and CEO Chip Rogers released the following statement after Arizona Governor Katie Hobbs vetoed an important hotel employee safety bill—Arizona House Bill 2379. “We are disappointed that Governor Hobbs vetoed an important hotel employee safety bill—HB 2379,” said Rogers. “At its core, this bill was about keeping hotel employees safe. It would have prevented the government from requiring Arizona hotels to house the homeless right next to paying guests […]
The post AHLA Releases Statement About Arizona Hotel Employee Safety Bill appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, and year-over-year comparisons reflected the positive side of the Easter calendar shift, according to STR’s latest data through April 15, 2023. U.S. Hotel Performance April 9-15, 2023 Percentage change from comparable week in 2022:Occupancy: 64.2 percent (up 3.7 percent)ADR: $155.33 (up 4.7 percent)RevPAR: $99.67 (up 8.6 percent) Among the Top 25 Markets, Minneapolis saw the highest year-over-year increase in occupancy (up 17.4 percent to 54.5 percent). […]
The post STR: U.S. Hotel Performance Reflects Positive Comparisons appeared first on LODGING Magazine.
ATLANTA, Georgia—Shiji Group has installed its online reputation management platform Shiji ReviewPro across 16 Coast Hotels properties and eight restaurants in North America. Coast Hotels is a Canadian-based hotel brand with properties across British Columbia, Alberta, Saskatchewan, Yukon, Alaska, Washington State, California, and Hawaii. With the addition of Shiji ReviewPro, Coast Hotels will have the tools to provide service and improve the guest experience. Shiji ReviewPro’s technology, global footprint, client support and training, and integration […]
The post Shiji Group Brings Reputation Management Solution to Coast Hotels appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 3.4 percent in March to a level of 5,355. “Hotel stocks declined in March as investors digested the potential impacts from the recent banking turmoil, including the likely intermediate-term effects on economic growth,” said Michael Bellisario, senior hotel research analyst and director at Baird. “The global hotel brands declined slightly during the month and underperformed the S&P 500 on heightened macroeconomic concerns and the likely constraints […]
The post Baird/STR Hotel Stock Index Dropped 3.4 Percent in March appeared first on LODGING Magazine.
I keep hearing about AI technologies like ChatGPT in the news. How can hotels best take advantage of this new technology?* As a veteran of the hospitality industry, I’ve seen how technology has revolutionized and improved the guest experience, from online bookings to keyless entry. One of the most exciting developments in recent years has been the rise of artificial intelligence (AI) chatbots, which help to meet one of the biggest challenges in the industry: […]
The post Ask Anthony: How Can Hotels Take Advantage of AI Technology? appeared first on LODGING Magazine.
PHOENIX, Arizona—BWH Hotel Group is doubling down on its commitment to environmental and social responsibility across its global portfolio. Alongside its engagement with the Sustainable Hospitality Alliance, BWH Hotel Group has created a global sustainability strategic initiative, called “Because We Care,” which will focus on three pillars: earth, people, and community (EPC). “With each passing year, the need for more responsible and sustainable travel increases in importance,” said Larry Cuculic, president and CEO, BWH Hotel […]
The post BWH Hotel Group Fortifies Commitment to Portfolio-Wide Environmental and Social Responsibility appeared first on LODGING Magazine.
Highgate announced the appointment of Matt Greene to executive vice president, luxury residences. In addition, Highgate also announced the appointment of Elizabeth Redmond as chief accounting officer. Cape Resorts has named Kate Harth as chief sales and marketing officer of the company, which has nine hotels throughout Cape May, New Jersey, and the East End of New York. Harth brings knowledge from various markets to the company’s portfolio. The Gwen, a Luxury Collection Hotel in […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
NEW YORK, New York—The LCP Group, L.P., in a joint venture with Safanad, announced they provided a $33.3 million senior mortgage loan to an affiliate of the Relevant Group for the refinancing of the 178-key Dream Hollywood and Tao Restaurant in Los Angeles. The 10-story, west coast flagship of Dream Hotels has three dining and nightlife venues, including Tao, Beauty & Essex, and the Highlight Room, as well as an 11,000 square foot rooftop with […]
The post LCP and Safanad Provide Loan for Dream Hollywood appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Extended Stay America formally announced new benefits and savings to its Extended Perks membership program. At the center of the program is the Exclusive Member Rate, which will be available to new Extended Perks members as well as the program’s existing members. The Extended Perks membership program will build on existing benefits, such as the Immediate Registration Discount, where members receive a discount that can be used when booking their next stay. Members […]
The post Extended Stay America Updates Extended Perks Membership Program appeared first on LODGING Magazine.
Speaking with LODGING at AAHOACON 2023, Wyndham Hotels & Resorts’ executive vice president and chief marketing officer, Lisa Checchio, provided an update on Wyndham’s initiative to support hotel ownership by women through its Women Own the Room program, which she said, fits in with Wyndham’s “owner-first philosophy.” She also described other ways Wyndham’s marketing team is supporting franchisees, including boosting labor retention by enabling guests, who may not be carrying cash, to tip housekeeping staff, […]
The post Owner-First: Update on Wyndham’s Women Own the Room and Programs That Support Franchisees appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Upper-upscale hotels, the property types most associated with business travel, are well represented in the U.S. development pipeline. The volume of projects in the segment points to confidence in the future of business travel, according to STR. “Upper upscale saw the slowest recovery, but a steady climb in performance and the business travel indicators have supported developer confidence in the segment,” said Isaac Collazo, STR’s vice president, analytics. “The more than 23,000 upper upscale […]
The post STR: Upper-Upscale Hotels Well Represented in Development Pipeline appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced plans for Hyatt Studios, the newest addition to Hyatt’s portfolio of brands. The brand, which marks Hyatt’s entry into upper-midscale lodging in the Americas, was conceived through collaboration with hotel developers and for the needs of target guests. The announcement is supported by signed letters of interest in development agreements from multiple developers for more than 100 Hyatt Studios hotels. Construction is expected to begin in 2023 and the first hotel […]
The post Hyatt’s Newest Brand Hyatt Studios Continues Transformational Growth and Expansion appeared first on LODGING Magazine.
As hotels continue to move away from traditional full-service food & beverage outlets in the wake of the pandemic, Grab & Go markets or food pantries have emerged as the ‘go to’ for today’s guests. Hotel companies and brands alike have identified these options as the best way to meet the changing demands of time-starved guests with the food items they crave. From breakfast items and light meals to healthy and nutritious snack items throughout […]
The post Hotels Grab Opportunity for F&B Profits, Guest Satisfaction Through ‘To Go’ Markets appeared first on LODGING Magazine.
ATLANTA—Peachtree Group announced the appointment of Jarred Bussert as vp, information technology. In this newly created role, Bussert will be responsible for all aspects of the company’s IT infrastructure, including all business applications, information security and data integrity. “Jarred’s experience and achievements demonstrate his commitment to supporting business strategies with technology infrastructure,” said Greg Friedman, Peachtree’s managing principal and CEO. “As Peachtree continues to grow, I am pleased to attract talented leaders to our best-in-class […]
The post Peachtree Group Appoints Jarred Bussert as Vice President, Information Technology appeared first on LODGING Magazine.
Referring to AAHOA as the “greatest American dream story,” Tyler Morse of MCR delivered a keynote during AAHOACON ’23 in which he offered plenty of business advice for association members on everything from rate strategies to dealing with disruptors. Morse, who is CEO of MCR—one of the largest owner/operators in the U.S. lodging industry—began by imploring hoteliers to push rate. “You should raise your rates. The media is doing our job for us right now. […]
The post MCR’s Morse Urges Hotel Owners To Push Rate, Cut Out OTAs appeared first on LODGING Magazine.
At the AAHOACON 2023 tradeshow at the Los Angeles Convention Center in Los Angeles, California, conference attendees were treated to live music, as well as general sessions that provided value to the overall conference. The over 8,000 attendees both connected for entertainment and did business on the tradeshow floor. Below are some snapshots from LODGING‘s time during the second day of the show. For more coverage, visit here.
The post Snapshots From the Show: AAHOACON 2023 Mixes Business and Entertainment appeared first on LODGING Magazine.
LOS ANGELES, California—Virdee is taking home the top prize in the AAHOA Tech Pitch Competition, Co-Powered by HFTP. A panel of five judges with expertise in technology and hospitality chose Virdee’s guest experience technology platform from a field of eight finalists. Virdee Virtual Reception Software is aimed at helping properties become more efficient. Whether it’s to help front-of-house staffing, provide guests with their keys, or help them pay for their stay, their goal is […]
The post Virdee Wins Inaugural Tech Pitch Competition at 2023 Convention & Trade Show appeared first on LODGING Magazine.
SARATOGA, Wyoming—Brush Creek Ranch announced today the appointment of Sydney Werry as Wine Director and Robert Douglas as Culinary Director. Continuing to grow and enhance the Ranch’s already extensive culinary offerings, Werry and Douglas will oversee the wine and food programs across the Ranch’s three luxury properties, in addition to The Farm at Brush Creek epicurean destination and Green Mountain private ski area. “We are thrilled to welcome both Sydney and Robert to the Brush Creek Ranch team,” said Michael […]
The post Brush Creek Ranch Makes Key Appointments With Werry, Douglas appeared first on LODGING Magazine.
A record number of loyalty program members should help hotel brands lower their customer acquisition costs, increase direct-to-consumer engagement and offset any occupancy shortfalls during an economic downturn, according to a recent CBRE report. Direct access to a base of loyal customers is a benefit to owning and operating a branded hotel. Loyalty members can help drive occupancy during off-peak periods or weaker economic conditions. Loyalty members redeemed a record number of points in 2022 […]
The post CBRE: Loyalty Programs Should Help Soften Impact of Economic Downturn on Hotel Sector appeared first on LODGING Magazine.
MILL VALLEY, California—Auberge Resorts Collection is excited to announce the appointment of Maria Tsagarakis as the new general manager of the renowned Greece property. The appointment comes as Auberge Resorts Collection continues its expansion into Europe with the recent addition of Domaine Des Etangs (Massignac, France) and Collegio alla Querce (Florence, Italy – opening 2024). As the brand continues to grow, its efforts to spotlight and advocate for female talent in the industry are one of its pillars […]
The post Auberge Resorts Collection Appoints Maria Tsagarakis as GM of Santorini’s Grace Hotel appeared first on LODGING Magazine.
SUNNYVALE, California—TETRA Hotel, an Autograph Collection Hotel and AC Hotel Sunnyvale Moffett Park announce Alex Lane as the new Campus General Manager for the 364 room campus-style destination located in the heart of Silicon Valley. In addition to running the operations at both hotel properties, Alex will oversee more than 10,000 square feet of meeting and event spaces as well as multiple food and beverage concepts including TETRA’s signature restaurant Adresita, Japanese whisky bar Nokori, […]
The post TETRA Hotel and AC Hotel Sunnyvale Moffett Park Welcome Lane As Campus GM appeared first on LODGING Magazine.
LITCHFIELD PARK, Arizona—The Wigwam, a uniquely Arizona resort where casual elegance meets historic charm in the West Valley of Phoenix, is embarking on a fresh multi-million-dollar renovation, breathing new life into its grounds and room and suite interiors. Providing almost a century of service, The Wigwam has become loved by locals and guests alike for its signature southwestern style casitas, glistening pools, family-friendly amenities, and award-winning golf courses, two of which were designed by the […]
The post The Wigwam Set To Debut Comprehensive Renovation appeared first on LODGING Magazine.
AAHOACON 23 brought hotel owners, vendors, and executives under one roof to note the industry’s strides, potential pitfalls for the coming year, and strategies to face challenges head-on. LODGING saw first-hand how the over 8,000 attendees showed up to the Los Angeles Convention Center in droves to attend general sessions, the tradeshow floor, and additional events. During one of the general sessions, Anthony Melchiorri led a panel discussion with leaders from five hotel brands concerning […]
The post Trade Talk: Hotel Industry Leaders Discuss Challenges and Changes at AAHOACON 2023 appeared first on LODGING Magazine.
Vision Hospitality Group has announced that Patrick O’Neil has joined the company as COO. As COO, O’Neil will provide strategic, process, and cultural leadership for the company’s more than 1,200 associates, according to the company. O’Neil most recently was with Peachtree Hotel Group, where he served as president of asset management and president, Peachtree Hospitality Management. Sage Hospitality Group has promoted Dean Stambules to EVP of investments and new business development. In this newly created […]
The post Comings & Goings appeared first on LODGING Magazine.
SAN RAFAEL, California—LRE & Companies, a real estate development, asset manager, construction, and hotel management company, has revealed the plans for University Square, a 10-acre mixed-use development project at the intersection of Sunset Boulevard and University Avenue in Rocklin, CA. With retail and hospitality components, University Square is the developer’s first project in the city but second in Placer County. The project is slated to be completed by year-end 2025. “University Square is another example of us following through with our […]
The post LRE & Companies Reveals 10-Acre Mixed-Use Development Project in Rocklin, CA appeared first on LODGING Magazine.
On the first official tradeshow day of AAHOACON 2023, conference attendees kept business top of mind when meeting with industry executives, as well as peers and friends from across the industry. Those at the show continued the upbeat energy from the night before throughout the day, attending the general sessions, conducting business on the tradeshow floor, and more. Below are snapshots LODGING took throughout the first full conference day of AAHOACON 2023. For more of […]
The post Business Begins: AAHOACON 2023 Opens Tradeshow Floor appeared first on LODGING Magazine.
DALLAS, Texas, and DENVER, Colorado—HotelKey announced a partnership with OTA Insight to give hotels access to rate data and actionable insights to make effective pricing decisions. By combining automation and data, the partnership allows hotel leaders and commercial decision-makers to optimize their strategies, bringing data all to one place. The strategic partnership introduces new API capabilities, including OTA Insight’s data API, drawing on a daily stream of two billion rate data points. The collaboration also […]
The post HotelKey and OTA Insight Partner to Provide Rate Data and Actionable Insights appeared first on LODGING Magazine.
FAIRFAX, Virginia—The Residence Inn by Marriott Manassas Battlefield Park, Virginia, welcomes guests to its updated and refreshed facilities. The renovation includes all 107 suites, public spaces, meeting rooms, and the building’s exterior. The hotel is managed by Crestline Hotels & Resorts and is owned by Apple Hospitality REIT. Guests are welcomed into a newly redesigned lobby with stylish furnishings, new flooring, and artwork, as well as updated technology that includes a state-of-the-art printing station. All […]
The post Residence Inn Manassas Battlefield Park, Virginia Showcases Renovation appeared first on LODGING Magazine.
JACKSONVILLE, Florida—Key International, a real estate investment and development company, and Shaner Hotels, an international hotel owner, operator and developer, today announced the grand opening of the 156-suite SpringHill Suites by Marriott Jacksonville Beach Oceanfront in Florida. Shaner will operate the hotel, owned by Key International. “The SpringHill Suites by Marriott Jacksonville Beach Oceanfront marks our fifth hotel in the Jacksonville area, immediately creating economies of scale and the ability to share best practices with our […]
The post Key International and Shaner Hotels Announce Opening of Oceanfront Springhill Suites In Jacksonville appeared first on LODGING Magazine.
The atmosphere was abuzz with excitement as AAHOACON 2023 kicked off with a welcome reception at the Los Angeles Memorial Coliseum, which is celebrating its 100th anniversary this year. As conference attendees connected with one another after time apart, the event offered food trucks, entertainment options for attendees of all ages, and a fireworks show set off using drone technology, all of which accompanied the backdrop of history from a location that previously hosted two […]
The post Welcome to AAHOACON 2023: Updates From the Show appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—Procaccianti Companies, one of the nation’s premier real estate investment and services firms, today announced the acquisition of the Newport Beach Hotel & Suites. The Newport Beach Hotels & Suites consists of two buildings, the Historic property built in 1940 and the suite property built in 2008. The property features a rooftop deck, swimming pool, and a day spa. This acquisition also includes an additional parcel of land, allowing for further potential development […]
The post Procaccianti Companies Acquires Newport Beach Hotel & Suites appeared first on LODGING Magazine.
PARSIPPANY, New Jersey–Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,100 hotels spanning more than 95 countries, today announced the expansion of its Manufacturer Direct program. First launched in 2022 for Days Inn® by Wyndham, the program—now available to Ramada® by Wyndham and Microtel® by Wyndham franchisees—helps hotels undergoing renovations save an average of20 percent or more in cost versus traditional renovation programs. Built on the pillars of driving greater transparency, […]
The post Wyndham Expands Manufacturer Direct Program appeared first on LODGING Magazine.
Royal Basket Trucks® is proud to recognize Cindy Lapidakis, vice president of sales and marketing, who was recognized as one of the “Notable Women in Manufacturing” for the southeastern region of Wisconsin. The women on the inaugural list, published by BizTimes, were nominated by their peers at work and in the community and represent a diversity of talent. After starting her career in New York working in the printing industry, Cindy joined the Royal® team […]
The post Best Foot Forward: Recognizing Women Leadership and Company Success appeared first on LODGING Magazine.
IRVING, Texas–Spire Hospitality, a nationally recognized third-party hotel management company, has appointed Elizabeth Hernandez Sosa as senior vice president of accounting. She will report to Chris Russell, CEO of Spire Hospitality. Hernandez Sosa most recently worked at Likewize, a tech protection and support company, as its chief accounting officer. Before that, she served as vice president, corporate controller for more than seven years at Omni Hotels & Resorts. Prior to that, she held a director of shared […]
The post Spire Hospitality Appoints New Senior Vice President of Accounting appeared first on LODGING Magazine.
MCLEAN, Virginia—Officials of She Has a Deal announced the five finalist teams of the Early Career track selected to advance to the final round of SHaDPitch 2023. The annual hotel investment pitch competition allows teams of early career women to compete for the prize of $50,000 of equity in SHaD’s Prosperity Fund I, following the conclusion of a virtual, preliminary round of pitching. The goal of She Has a Deal is to increase the number […]
The post She Has a Deal Announces Pitch Competition Finalists for 2023 appeared first on LODGING Magazine.
While a full slate of educational sessions and robust trade show are a major part of the draw of the upcoming AAHOACON ’23, there’s plenty to look forward to in terms of entertainment options as well, according to AAHOA (Asian American Hotel Owners Association) President/CEO Laura Lee Blake. Blake highlighted this year’s Welcome Reception, which will take place tomorrow night at the Los Angeles Coliseum. She noted it was particularly significant because the historic venue […]
The post Entertainment Takes Center Stage at AAHOACON ’23 appeared first on LODGING Magazine.
NEW YORK—Preferred Travel Group, a family-owned company that operates hotel brands Preferred Hotels & Resorts, Beyond Green, Historic Hotels of America, and Historic Hotels Worldwide, is re-introducing I Prefer Hotel Rewards with the launch of a standalone website and upgraded mobile app in addition to other changes. This also includes redemption opportunities and offers, which are accessible to all members upon enrollment. “The rise in demand for leisure travel continues to grow, especially within the […]
The post Preferred Travel Group Reintroduces I Prefer Hotel Rewards appeared first on LODGING Magazine.
In February, Cindy Murphy was named regional vice president of operations for Norwalk, Connecticut-based HEI Hotels & Resorts, which owns or operates over 100 luxury, upper-upscale, and upscale independent and branded hotels and resorts throughout the United States. Bringing nearly 30 years of hospitality experience, Murphy is supporting HEI’s general managers in the field with her “uncanny ability to find the best in her teams,” said Anthony Rutledge, the company’s managing partner and CEO, in […]
The post Hitting a New High With HEI appeared first on LODGING Magazine.
Situated in walking distance of the Capitol and within the new NoMaCNTR, the Washington Marriott Capitol Hill greets guests with sophisticated public areas designed by Washington, D.C.-based designer Darryl Carter. The hotel features a streamlined, contemporary design with metal and wood accents that create a dramatic flair. Guests can gather for socializing or business in Society Commons, featuring an intimate bar and full-service restaurant. The indoor/outdoor venue Yara includes a chef-driven restaurant that showcases Latin […]
The post Distinctive Hospitality Within a Mixed-Use Development appeared first on LODGING Magazine.
LAS VEGAS—Bellagio released plans for a $110 million transformation of rooms and suites within its Spa Tower, delivering accommodations inspired by Italy’s Lake Como. Following the resort’s recent remodel of more than 2,500 guestrooms in its main tower, the Spa Tower redesign, which encompasses 819 guestrooms and 104 suites, is slated for completion in October, with the first collection of rooms available beginning in July. “Bellagio’s commitment to delivering unparalleled accommodations, experiences, and guest service […]
The post Bellagio Plans Spa Tower Renovation appeared first on LODGING Magazine.
PHOENIX, Arizona—BWH Hotel Group continued its growth in select regions across the globe with the addition of several new properties in North America, Europe, and Asia. The new BWH Hotel Group properties are located in The United States, India, Denmark, Austria, Thailand, Sweden, The Philippines, Germany, Greece, Spain, Japan, and England. “As the resurgence of travel continues, we are proud to grow our portfolio in key destinations around the globe,” said Larry Cuculic, president and […]
The post BWH Hotel Group Adds New Properties in North America, Europe, and Asia appeared first on LODGING Magazine.
Boasting its largest trade show ever and a number of new initiatives, AAHOACON ’23 promises to be “historic on a number of levels” when it kicks off next week in Los Angeles, according to AAHOA (The Asian American Hotel Owners Association) President/CEO Laura Lee Blake. Presiding over her first AAHOACON after taking the helm of the association in May of 2022, AAHOA’s Blake told LODGING that the 32nd annual event—which takes place from April 11-14—is […]
The post Upcoming AAHOACON ’23 Poised To Make An Impact With First-Time Initiatives appeared first on LODGING Magazine.
With transactions in hotel real estate escalating during 2022 and into 2023, best practices in partnering with brokers have again become topical. Sellers want to get the most out of that relationship and optimize the process of bringing their property to market and landing a great deal. LODGING recently spoke with Newport News, Virginia-based Mumford Company, a brokerage that has thrived on long-term relationships, on the occasion of its 45th anniversary. Managing Principal Steve Kirby […]
The post Teaming With Brokers: Steve Kirby of Mumford Company on How Sellers Can Set Themselves Up for Success appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Aligned with normal Spring Break patterns, U.S. hotel performance showed mixed comparisons from the previous week, according to STR’s latest data through April 1, 2023. U.S. Hotel Performance March 26-April 1, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 66.2 percent (up 3.4 percent, down 3.5 percent)ADR: $158.40 (up 7.3 percent, up 19.9 percent)RevPAR: $104.78 (up 10.9 percent, up 15.7 percent) Among the Top 25 Markets, Washington, D.C., saw the highest year-over-year increase […]
The post STR: U.S. Hotel Performance Shows Mixed Comparisons Amid Spring Break Travel appeared first on LODGING Magazine.
The U.S. hotel industry has made many strides since the beginning of the COVID-19 pandemic, and 2023 has been off to a strong start. At the beginning of the year, STR reported that revenues and profits reached highest-ever levels during 2022, and CBRE increased its hotel performance forecast to account for expected GDP growth during the coming year. But amid the positive travel industry news, the American Hotel & Lodging Association (AHLA) recently reported that […]
The post 50+ Hotel Management Companies to Know in 2023 appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced that the Washington, D.C./Maryland/Virginia market led the U.S. meetings and events industry by volume for March. Second place again went to Chicago, with Los Angeles-Long Beach in third. The top industry driver for meetings was national associations across four of the top five markets. Knowland’s data provides insight into the meetings and events industry to help hotel sales teams increase sales and profitability, whether in the meetings and events space or sales […]
The post Knowland: Washington, D.C. Led U.S. Meetings and Events Volume in March 2023 appeared first on LODGING Magazine.
With the new legislation put forward in Congress that is aiming to ban gas stoves (citing both health and environmental concerns), it’s easy for many of us to get caught up in the sheer divisiveness of the news story and miss the overarching trend. Sustainability and ESG (environment, social, and governance) are not only here to stay but, as this national policy demonstrates, leading governments and public authorities around the world are willing to take […]
The post Profitability in Sustainability: Improving the Bottom Line With Back-of-House and Guest-Facing Measures appeared first on LODGING Magazine.
SAN ANTONIO—The Westin Riverwalk, San Antonio announced the reopening of its renovated and redesigned restaurant and bar, Zocca Cuisine D’Italia. Newly appointed Executive Chef Ron Mays offers menus that serve dishes and desserts. The indoor-outdoor bar offers a cocktail program and wines that pair with the new dishes. Open daily from morning into the evening with specific bar hours, Zocca’s dinner menu has shared plates, mains; pizzas; and desserts. Weekend brunch at Zocca recently started […]
The post The Westin Riverwalk, San Antonio Reopens Zocca Cuisine D’Italia appeared first on LODGING Magazine.
Hay Creek Hotels and Restaurants and Victory Hotels Partners have added two new members to their teams. Rick Blackburn joins Hay Creek Hotels as senior vice president of sales and marketing and Tommy Pho joins Victory Hotel Partners as vice president of development. The Beverly Hilton announced the appointment of David Ecija as general manager of the hotel. Ecija oversees operations, experiences, and initiatives in this role. He previously worked for Hilton West Palm Beach […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable and was the highest since October 2022, according to STR’s February 2023 P&L data release. EBITDA was the only key bottom-line metric on a per-available-room basis to come in lower than February 2019. U.S, Hotel Performance GOPPAR: $77.37 (up 1.6 percent)TRevPAR: $217.20 (up 3.7 percent)EBITDA PAR: $51.63 (down 0.6 percent)LPAR (Labor Costs): $73.70 (up 2.9 percent) “The profit-and-loss metrics followed typical […]
The post STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2022 appeared first on LODGING Magazine.
WASHINGTON, D.C.—5G LLC has signed an agreement with IHG Hotels & Resorts to enable owners of more than 3,800 IHG-branded hotels in the United States to develop a long-term digital revenue stream by connecting hotel rooftops with leading 5G networks. 5G LLC is working with IHG and the IHG Owners Association to provide opportunities for owners to benefit from this marketplace opportunity. “For IHG-branded hotel owners, this agreement represents a unique opportunity to gain a […]
The post 5G LLC and IHG Sign Agreement Connecting Hotel Rooftops With 5G Networks appeared first on LODGING Magazine.
With the recent launch of AHLA’s Responsible Stay initiative and its endorsement by numerous Association members, state Association partners, and independent properties, let’s take a moment to consider how a hotel’s housekeeping department can contribute to this important environmental sustainability program. Within the guestrooms: Place blue, single-stream recycling containers in each guestroom near the trash bin. This will remind guests to recycle their eligible items. Consider eliminating single-use bathroom amenities in favor of large format, […]
The post Housekeeping’s Role in Supporting a ‘Responsible Stay’ appeared first on LODGING Magazine.
WILLIAMSBURG, Virginia—Crescent Hotels & Resorts announced the addition of Colonial Williamsburg Resorts to its Latitudes: Lifestyles by Crescent portfolio. Colonial Williamsburg is known for its 18th-century historic area and art museums. Colonial Williamsburg offers a selection of five offerings within the collection of Colonial Williamsburg Resorts. Designed for a variety of traveler preferences and budgets, accommodations can be found at: Visitors to the hotels can use public courses at the Golden Horseshoe Golf Club. Designed […]
The post Colonial Williamsburg Resorts Added to Latitudes: Lifestyles by Crescent Portfolio appeared first on LODGING Magazine.
LAGUNA BEACH, California—Soul Community Planet (SCP) announced the acquisition of the Albion River Inn, a boutique hotel located in Mendocino County on the Northern California coast. The property, to be renamed the SCP Mendocino Coast Lodge, marks the brand’s fourth coastal California property. The SCP Mendocino Coast Lodge will be operated in conjunction with the nearby SCP Mendocino Inn & Farm, which SCP acquired in June 2022. SCP Mendocino Coast Lodge will be reimagined as […]
The post Soul Community Planet Acquires Albion River Inn appeared first on LODGING Magazine.
The last few years have been anything but “business as usual” for the hospitality industry. After suffering its worst year on record in 2020, global tourism grew by a staggering 60 percent in 2022 and is projected to increase another 30 percent in 2023, according to a report from Economist Intelligence. But perhaps more important than the rate at which guests are now traveling, COVID-19 has changed both how and why they travel. Hotels Rush […]
The post Eco-Friendly Mattress Options Are Good for Sleep and Good for the Planet appeared first on LODGING Magazine.
ROCKVILLE, Maryland—From technology to conserve energy and water to diversity goals for hotel ownership, the 2022 Environmental, Social, and Governance (ESG) Report released by Choice Hotels International, Inc. has steps that should cut utility costs, save time for franchisees, and increase the company’s ESG commitments. “Choice Hotels International shares a uniting belief that tomorrow will be even better than today, and we are committed to building that better tomorrow,” Choice Hotels International CEO Patrick Pacious […]
The post Choice Hotels Releases Findings from 2022 ESG Report appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Extended Stay America announced the opening of the Extended Stay Suites Atlanta-McDonough, located in McDonough, Georgia. The property was developed by TGC Group and will be managed by TGC Hospitality Management, both of Wichita, Kansas. “The Extended Stay America Suites Atlanta-McDonough will serve the increasing pace of demand for extended stay lodging in the area and continues our strategy of growing the brand through franchising,” said Mark Williams, managing director, franchise development, Extended […]
The post Extended Stay Suites Atlanta-McDonough Opens appeared first on LODGING Magazine.
Most hospitality executives will acknowledge the industry’s property-level labor problems didn’t start with the pandemic, but the shutdown that occurred as a result certainly took the issue to another level, with many workers leaving never to return. So, as we reach three years since the outbreak of the pandemic, what has been the overall impact of a well-documented labor shortage on an industry built around personal service and human interaction? Furthermore, what kind of progress […]
The post Filling the Void: Industry Leaders Chart Incremental Labor Progress Following Pandemic appeared first on LODGING Magazine.
MINNEAPOLIS—IDeaS announced the launch of Automated Configuration for its G3 revenue management system (RMS), decreasing the initial configuration of G3 from weeks to as short as one day, depending on client needs and requirements. By leveraging data science, IDeaS’ clients will reduce the amount of manual setup and training required, learn system settings and understand decisions by replacing guesswork, and achieve a faster ROI. Automated Configuration for G3 RMS completes the following modules for a […]
The post IDeaS Launches Automated Configuration for G3 Revenue Management System appeared first on LODGING Magazine.
Despite the overall U.S. economy adding 517,000 jobs at the beginning of 2023, the leisure and hospitality sector remains understaffed with two million open jobs, according to the U.S. Travel Association. Meanwhile, 79 percent of hoteliers say their hotels are understaffed, and 81 percent are unable to fill open positions, according to American Hotel & Lodging Association (AHLA) research. With the labor shortage showing no signs of improving, hoteliers are focusing on finding creative ways […]
The post The Year of Efficiency: How Automation Is Helping Hotels Thrive Amid Labor Shortages appeared first on LODGING Magazine.
Property improvement plans, or PIPs in industry parlance, can be a sore spot in the relationship between franchisors and franchisees. While auspiciously meant to align property standards with changing guest expectations, they can create a slippery slope for the franchisee in terms of amenity creep and be an expensive undertaking with a questionable return. In no area is this more apparent than the economy segment of the market. PIPs are Growing More Expensive Historically, hoteliers […]
The post PIPs in Perspective: Costlier Projects Negatively Affecting Economy Sector appeared first on LODGING Magazine.
FRISCO, Colorado—Denver, Colorado-based hotel company 5 Senses Hospitality Management has announced the opening of the AC Hotel Frisco Colorado by Marriott. The announcement comes nearly two years after the hotel’s acquisition in 2021 and subsequent renovation. Located off I-70, the property is nearby Summit County’s ski resorts including Breckenridge, Keystone, Copper Mountain, Beaver Creek, Arapahoe Basin, and Vail. The property is only six miles away from Sapphire Point, a hiking trail and wedding destination, along […]
The post 5 Senses Hospitality Management Opens AC Hotel Frisco Colorado Following Renovation appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Reflecting the normal ebb and flow of spring break season, U.S. hotel performance decreased from the previous week, according to STR’s latest data through March 25, 2023. U.S. Hotel Performance March 19-25, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 64.9 percent (down 0.6 percent, down 6.3 percent)ADR: $158.61 (up 4.7 percent, up 19.5 percent)RevPAR: $102.98 (up 4.1 percent, up 12.0 percent) Among the Top 25 Markets, Chicago saw the highest year-over-year increase […]
The post STR: U.S. Hotel Performance Fluctuates With Spring Break Season appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? My interest and experience in telling a story with data is what led me to STR. This is where I really learned the full breadth and depth of the hospitality business and the opportunities in this industry. My first experience in hospitality was when I was teenager working as a hostess, then server, at Ruby Tuesday. Working in restaurants throughout my college years taught me […]
The post A Data Driven Story appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? My love for beautiful things and a passion for travel inspired me to pursue a career in luxury design, which ultimately led me to hospitality design. I was a first-generation college student at FIT, and now I’m the first female managing director of Pierre-Yves Rochon, a Parisian heritage design studio. Curiosity, hard work and a voracious desire for new challenges fueled my rise. Who were […]
The post Leaning Into Challenges appeared first on LODGING Magazine.
DUBAI—UAE-based Global Hotel Alliance (GHA) has launched its Green Collection, bringing under one umbrella nearly 200 hotels, resorts, and palaces operated by GHA hotel brands that are demonstrating their commitment to protecting people and the planet. Every Green Collection property has attained at least one certification from a globally recognized environmental organization, with EarthCheck, Green Growth 2050, Green Key, and Green Globe among the 15 certification bodies represented, each requiring hotels to meet international standards […]
The post Global Hotel Alliance Launches Green Collection appeared first on LODGING Magazine.
WASHINGTON—Face-to-face meetings and business travel create measurable benefits for companies and organizations—from increased revenue to lasting and effective professional relationships, according to the U.S. Travel Association. This message will be shared with the U.S. travel industry and meetings professionals around the world on Global Meetings Industry Day (GMID), the annual international day of advocacy showing the value of business meetings, trade shows, incentive travel, exhibitions, conferences, and conventions. “Business leaders know the most persuasive communication […]
The post U.S. Travel: Face-to-Face Meetings Benefit the Travel Industry by Creating Increased Revenue appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—STR has expanded the forward-looking component of its product offering by launching 104 new Forward STAR markets/submarkets in the United States and Canada. Forward STAR, now live in 450 areas around the globe, allows hotel property and portfolio users to measure the next 365 days of occupancy on the books against the competition and market. The launch includes 17 of the country’s 25 largest hotel markets, including Las Vegas, New York City, Los Angeles, […]
The post STR Adds 104 Forward STAR Markets and Submarkets in the United States and Canada appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? I was first attracted to marketing because of my obsession with understanding consumers and anticipating their needs with fun, engaging programs and campaigns. Identifying that missing link and providing consumers with a solution is what motivates me. The hospitality industry is driven by the guest, and you have to be laser focused on their needs whether you’re a brand or an owner. At Wyndham, we provide […]
The post Laser Focused on Solutions appeared first on LODGING Magazine.
Noble House Hotels & Resorts named multiple internal leadership changes. The company has announced the retirement of CEO Jake Donoghue. Jamie Colee assumes the role of CEO, and Janette Ament has been named chief financial officer. Preferred Travel Group announced strategic appointments within its global and regional leadership teams: Stephanie Dowling, senior vice president of corporate communications and public relations; Gladys Camphuijsen, vice president of sales and new business development for Europe, South Asia, Middle […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Planning a trip without insurance can result in some costly and rather unfavorable outcomes for travelers. The truth is that it can be common for the average traveler to overlook the importance of obtaining coverage before departing. Airfare and the costs of hotels, rental cars, and daily excursions add up quickly, causing many travelers to skip out on purchasing a plan. Misfortunes that befall those without insurance can negatively impact their travel plans and likelihood […]
The post 5 Reasons Travelers Buy Insurance: Understanding the Potential Misfortunes appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced a new multi-season partnership with Minor League Baseball. The deal makes Wyndham the Official Hotel Partner of Minor League Baseball (MiLB) with its loyalty program, Wyndham Rewards, becoming MiLB’s Official Hotel Loyalty Partner. Wyndham chose Minor League Baseball as the program’s newest partner based on MiLB’s growing popularity, accessibility, and synergies between its guests, particularly its rewards members, and MiLB’s fan base, “Minor League Baseball has been grooming […]
The post Wyndham Hotels & Resorts Forms Partnership With Minor League Baseball appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton announced plans to more than double its portfolio in Puerto Rico, a destination that represents Hilton’s largest collection of hotels in the Caribbean, with seven existing properties encompassing more than 2,350 rooms across four of Hilton’s brands. Hilton’s pipeline of hotels under development in Puerto Rico also represents the largest of Hilton’s Caribbean growth markets by number of hotels. “Puerto Rico plays a critical role in Hilton’s history, as it kick-started the company’s […]
The post Hilton Plans to More Than Double Puerto Rican Portfolio appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? Before joining Stonehill Taylor in 2008, I was working at MTV as a designer. During my time there I was managing the interior design of their Times Square store and I fell in love with the process. This project sparked my passion for the hospitality design industry and has led me to where I am today. Who were some of your mentors or role models, […]
The post Drawn To Hospitality Design appeared first on LODGING Magazine.
Less spending on labor has been a big reason why U.S. hotel profit margins have held strong, but that spend is on the rise with labor costs growing at a compound monthly rate of 3.7 percent in 2022. Gross operating profit (GOP) came in at 42.3 percent in 2022, which was 0.6 percentage points higher than 2019. That success in maintaining profit levels can be largely attributed to more efficient operations (i.e., less frequent housekeeping, […]
The post Rising Labor Costs: Drivers Include Inflation, High Minimum Wage, and More Hours Worked appeared first on LODGING Magazine.
As associate vice president of market development, Kim Twiggs manages DIRECTV’s Hospitality & Institutions business unit, which includes creating and implementing strategies that support the sale of DIRECTV free-to-guest programming and products to hotels, hospitals, senior living facilities, and universities. Twiggs’ team leads both direct and indirect sales and distribution, including a network of more than 200 in-room television integrator partners. Products sold through these distribution channels include the Advanced Entertainment Platform (AEP), DIRECTV Residential […]
The post Ahead of the Curve: DIRECTV on the Evolution of Guestroom Entertainment appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? My father was a commercial airline pilot, and his passion for travel, took my family and I to hotels around the world. As I walked the lobbies and corridors, I became fascinated with every aspect of the operation and never looked back. You might say I was born into the business. Who were some of your mentors or role models, male or female, and what […]
The post Born into the Business appeared first on LODGING Magazine.
ATLANTA—Officials of the former Banyan Tree Management announced that the company has relaunched as Aperture Hotels. The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company mergers and acquisitions. “Historically, we have been seen almost exclusively as an extension of Banyan Investment Group, providing services only for their portfolio,” said Charles Oswald, president and CEO, Aperture Hotels. “The truth of the […]
The post Banyan Tree Management Relaunches as Aperture Hotels appeared first on LODGING Magazine.
SALEM, Oregon—Hilton announced the opening of the Holman Riverfront Park Hotel, Tapestry Collection by Hilton, in Salem, Oregon. The seven-story hotel, developed by Sturgeon Development Partners, has 127 guestrooms and suites and is adjacent to the Salem Convention Center. The hotel is also nearby the Oregon State Capitol and Willamette Valley Wine Country. “We are excited to partner with this iconic hospitality brand in introducing one of the newest hotels that make up Hilton’s Tapestry […]
The post The Holman Riverfront Park Hotel, Tapestry Collection by Hilton, Opens appeared first on LODGING Magazine.
Like many in the hospitality business, CoralTree Hospitality Group President Tom Luersen grew up in the industry. In his case, that formative experience was a job at the Galt House, a Louisville, Kentucky hotel where his father served as general manager. There, he mowed lawns at 13 and functioned in a managerial role—assistant front office manager—at age 16. Smitten from the start, he likely could have just continued on the time-honored path from entry level […]
The post Branching Out: CoralTree President Tom Luersen’s Journey From Cutting Grass to Cutting Deals and More appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? Having grown up in Asia and fortunate to travel regularly with my family, I became fascinated at a young age by the cross-cultural expressions of hospitality in Asia-Pacific. My father’s focus in international real estate development, including hotels, further exposed me to the unique complexities of hotels as operating businesses. These factors, combined with my high school internships in hotel operations in China, inspired me […]
The post Feeling the Pull of Diversity appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Helped by spring break travel, U.S. hotel performance increased from the previous week, according to STR’s latest data through March 18, 2023. U.S. Hotel Performance March 12-18, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 67.6 percent (up 1.3 percent, down 2.5 percent)ADR: $167.04 (up 8.9 percent, up 23.9 percent)RevPAR: $112.89 (up 10.4 percent, up 20.8 percent) Among the Top 25 Markes, Boston saw the highest year-over-year increase in occupancy (up 17.8 percent […]
The post STR: U.S. Weekly Hotel Performance Increases, Backed by Spring Break Travel appeared first on LODGING Magazine.
Transforming how you accept payments can help strengthen your brand, drive revenue, enhance transaction security and attract new guests. To learn more about how other hospitality financial leaders are transforming payments, download the Hospitality Payments Transformation eBook.
The post Improve RevPAR by Transforming Your Payment Acceptance Strategies appeared first on LODGING Magazine.
NASHVILLE, Tennessee—Uniguest announced enhancements to its Hotel TV guestroom entertainment offering with the launch of a new SaaS cloud solution. The release leverages technology from Otrum, which was acquired by Uniguest in 2022. The integration of Otrium technology into Uniguest Hotel TV makes creating and managing in-room entertainment on a cloud-based solution, which is accessed via a browser-based portal for hotels and brands to access, manage, and monitor guestroom entertainment services. Uniguest’s new Hotel TV […]
The post Uniguest Updates Hotel TV Offering With SaaS Solution appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? My father started Budget Host when I was 13. One of my earliest jobs was stuffing marketing mailers to let independent motel owners know about Budget Host. My father encouraged me to study what interested me and follow my own path, but I continued to closely follow the growth of the business. After finishing college at the University of Texas—Austin and working for 10 years, […]
The post Following In The Footsteps appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced that HRI Hospitality (HRIH) adopted Knowland’s Portfolio Capture following a testing period. The product is a complement to the Knowland platform and was designed to provide a comprehensive, unified view of meetings and events business performance across an entire portfolio. At a time of pressure on hospitality ROI, hotel ownership and management groups should understand how a property contributes to the portfolio’s overall performance. Portfolio Capture allows for roll-up reporting and benchmarking. […]
The post HRI Hospitality Adopts Knowland’s Portfolio Capture appeared first on LODGING Magazine.
In a joint venture, Dallas, Texas-based NewcrestImage and Phoenix, Arizona-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The transaction was handled by Al Calhoun and Mark Fair at CBRE in Atlanta. The portfolio consists of 13 Courtyard by Marriott hotels and three Residence Inn by Marriott hotels that are located in nine states—Georgia, Massachusetts, New York, North Carolina, […]
The post NewcrestImage and Hospitality Capital Partners Acquire 16 Hotels in Joint Venture appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Building on its efforts to increase diversity across the hospitality industry, Choice Hotels International, Inc. kicked off its inaugural HERtels by Choice Development Seminar with nearly 40 franchise owners, general managers, and hotel associates in attendance as part of a series of events to commemorate Woman’s History Month on Monday, March 20. “While industry-wide parity is improving, with more female investors, directors, and leaders in hospitality than ever before, women entrepreneurs still face significant […]
The post Choice Hosts Inaugural HERtels by Choice Development Seminar appeared first on LODGING Magazine.
The recent U.S. banking crisis became a focal point of conversation at the Hunter Hotel Investment Conference as industry leaders tried to put the situation in context and share their overall outlook on the industry in the wake of such economic challenges. During a panel discussion entitled “Wall Street Talks,” several prominent owners and publicly traded company CEOs weighed in with their thoughts following the much-publicized closures of Silicon Valley Bank and Signature Bank. “The […]
The post Crisis In Confidence: C-Level Execs Weigh in on Banking Issues During Hunter appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? The first time I heard Ritz Carlton’s Gold Standards Motto: “Ladies and Gentlemen Serving Ladies and Gentlemen,” was during a Total Quality Management course at James Madison University. As I learned more about leadership, strategic planning, customer service and marketing, I was excited about the career path opportunities. Each division in hospitality teaches you a new skill set that can easily be transferable anywhere in […]
The post Making Memories Every Day appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced the appointment of Ben Perelmuter as president and chief operating officer. Perelmuter will oversee the operational performance of TPG’s hospitality portfolio. “I am excited and motivated to join the TPG Hotels & Resorts team,” said Perelmuter. “This entrepreneurial hospitality team is committed to defining the gold standard for management services in the hospitality industry. We plan to firmly establish TPG Hotels & Resorts as the market leader for […]
The post TPG Hotels & Resorts Names Ben Perelmuter President and Chief Operating Officer appeared first on LODGING Magazine.
Prominence Hospitality Group welcomed two new members to its corporate leadership team: Steve Natale joins as the vice president of operations and Kelly Wills as the new director of information technology. Lark Hotels announced the onboarding of two new team members: Doug Klein, vice president of marketing and communications, and Alison Briggs, vice president of human resources. The Don CeSar appointed Barbara Readey as complex general manager for the property as well as its sister […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the establishment of a Luxury & Lifestyle Lodging Development Team. The team will lead Sonesta’s growth of its upper upscale brands, which include The James and The Royal Sonesta franchises in the Americas. The announcement underscores Sonesta’s commitment to and growing leadership position within the lifestyle and luxury sectors. “We are empowering this team, dedicated to the upper end of the market, to continue expanding Sonesta’s footprint of our […]
The post Sonesta Introduces Luxury & Lifestyle Lodging Development Team appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the continued momentum of its “Women Own the Room” program, which in its inaugural year, has signed more than 30 hotels across the United States and Canada, 10 of which are now open. Women Own the Room is designed to advance and empower women entrepreneurs to break through the predominantly male-dominated hotel industry and is an extension of Wyndham’s dedication to diversity, equity, and inclusion. “Representation matters. Opening […]
The post Wyndham’s ‘Women Own the Room’ Program Signed Over 30 Hotels in its First Year appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts, one of the nation’s premier hospitality management firms, announced today the appointment of Ben Perelmuter to President & Chief Operating Officer. Perelmuter will oversee the operational performance of TPG’s entire hospitality portfolio. “I am excited and motivated to join the TPG Hotels & Resorts team,” said Ben Perelmuter, President & Chief Operating Officer, TPG Hotels & Resorts. “This entrepreneurial hospitality team is committed to defining the gold standard for […]
The post Ben Perelmuter Named President & Chief Operating Officer of TPG Hotels & Resorts appeared first on LODGING Magazine.
While acknowledging a “mild recession” is likely in ’23, economist Adam Sacks nonetheless delivered generally positive news for hospitality during the keynote session at the Hunter Hotel Investment Conference vowing “we can get back to normal” in terms of room demand. Sacks—who is president of Tourism Economics—answered the question posed in the title of the session, “Can the Travel Industry Defy Economic Gravity?” with a resounding “yes.” He cited four primary reasons for his contention […]
The post LODGING Live at Hunter Conference: Hospitality Will Defy Economic Gravity Despite Likely Mild Recession In ‘23 appeared first on LODGING Magazine.
IHG Hotels & Resorts shared development momentum from 2022 and the start of the 2023 HUNTER Hotel Investment Conference in Atlanta, Georgia, by releasing an update on its recent and planned future growth across the Americas region and beyond. Elie Maalouf, CEO, Americas, IHG Hotels & Resorts, said, “IHG continues to invest in strategic efforts that strengthen our brand portfolio while building trust and confidence among our guests and owners. We continue to see strong […]
The post IHG Shares Development Updates and Plans Future Growth appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? I was born with a very outgoing personality, a love of people, and an innate value of serving others. Starting at age 10, I babysat and worked in my mom’s ice cream shop (a side business to her being a full-time teacher and private pre-school owner), getting an early dose of responsibility and cultivating my love of caring for people. When I was 14, I […]
The post A Singular Focus appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Extended Stay America announced that it entered into an agreement with BASK Development for eight new Extended Stay America Premier Suites located throughout Florida. “We are excited to welcome BASK Development as a new owner of Extended Stay Premier Suites brands,” said Mark Williams, managing director, franchise development, Extended Stay America. “Franchising continues to play a large part in Extended Stay America’s development strategy, and we look forward to working with all of […]
The post Extended Stay America Enters Agreement for Eight New Properties With Bask Development appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the continued expansion of its ECHO Suites Extended Stay by Wyndham brand, which in just one year, now has more than 200 hotels in its development pipeline. Outpacing initial growth expectations, the developer-driven brand caters to the extended-stay market, which continues to outperform other industry segments. Late last year, the brand broke ground on its first three hotels and nearly two dozen more ground breaks are expected for […]
The post ECHO Suites Extended Stay by Wyndham Has Over 200 Hotels in Development Pipeline appeared first on LODGING Magazine.
The extended stay segment has shown great resiliency through the pandemic and in challenging economic times as a strong performer, outpacing many transient hotels and garnering great interest from franchisors and investors. The demand and emergence of new mid-price and economy hotels in the U.S. extended stay hotel segment signals tremendous growth opportunities ahead. Here are six things to keep in mind when evaluating potential franchisors for a mid-price or economy extended stay hotel. A […]
The post Selecting an Extended Stay Franchise Brand appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index fell 2.5 percent in February to a level of 5,541. “Hotel stocks—just like the broader market—pulled back in February as the focus turned to earnings and initial 2023 outlooks,” said Michael Bellisario, senior hotel research analyst and director at Baird. “The global hotel brand stocks, while down slightly during the month, outperformed the S&P 500 on the heels of strong fourth-quarter earnings reports and guidance that matched […]
The post Baird/STR Hotel Stock Index Fell 2.5 Percent in February 2023 appeared first on LODGING Magazine.
PLANO, Texas— Aimbridge Hospitality, a leading global hospitality company, has assumed management of 71 hotels previously operated by Houston-based Terrapin Hospitality. With over 8,100 rooms in 21 states, the diverse portfolio is national in scope with representation in the upper midscale and upscale segments across all major brand companies. Joining Aimbridge Hospitality’s Select Service Division, these hotels will benefit from the impact of the industry leader’s deep bench of industry talent, a specialized operational approach […]
The post Aimbridge Hospitality Acquires Terrapin Hospitality Management Portfolio appeared first on LODGING Magazine.
When I first started out in hotel brokerage back in the late 1980s, the market was unsophisticated and had not adopted the fiduciary focus that was required to establish trust. Consequently, the term hotel “broker” had mostly a negative perception. However, over the past 35 years, many brokers have moved into the role of trusted advisors, who passionately make paramount their fiduciary responsibilities. As a trusted advisor, the broker adds significant value for owners in […]
The post A Trusted Advisor: The Evolved Role of the Broker Brings More Value to Owners appeared first on LODGING Magazine.
As a result of a significant spike in the cost of raw materials following the pandemic, as well as a steady increase in interest rates making it more difficult to finance projects, hotel construction has slowed to a crawl within the past year. Nevertheless, while development executives acknowledge the aforementioned obstacles, they remain hopeful that some of the factors previously constricting new-build projects will begin to loosen up going forward. In fact, according to STR, […]
The post Rising Interest Rates, Construction Costs Keep Hotel Supply Growth Muted appeared first on LODGING Magazine.
SAN FRANCISCO—Duetto released its revenue optimization product, Duetto Advance, at ITB Berlin. With event demand intelligence ingested from PredictHQ, the introduction of Advance advances Duetto’s products in revenue management tech. “Duetto Advance enables hotel revenue teams to optimize rates in real-time, using clean, usable data delivered in a visually actionable dashboard customizable to your revenue strategy needs. This is truly an industry first for our field,” said Darren Koch, chief product officer, Duetto. “In today’s […]
The post Duetto Announces New Revenue Optimization Product appeared first on LODGING Magazine.
COLUMBUS, Ohio—Red Roof will open 50 properties—new builds and conversions—in 2023, representing 60 percent year-on-year growth. The company attributes this growth to continued demand for the brand. As the company celebrates a half-century of serving guests in 2023, it is continuing to adapt to the hospitality environment where both guests and hotel operators are facing economic pressures. Red Roof grew its revenue in 2022, which increased 6.9 percent year over year. “Our model works, and […]
The post Red Roof to Open 50 Properties in 2023 appeared first on LODGING Magazine.
Hotel industry consultant Bruce Baltin passed away at age 79 earlier this month. He is survived by his wife, Tammi Baltin; his brother, Mark Baltin; his sister, Suzanne Jacobs; and his sons, Steven Baltin and Brian Baltin. Baltin spent his entire career as a hotel consultant. He returned to PKF Hospitality Group as a director in the U.S. office in 2022, following a long career with the firm that began in 1970. Baltin became a […]
The post Bruce Baltin Passes Away at 79 appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? I’ve seen the hospitality business from many different perspectives in my life, starting at a young age when my father worked as a general manager at a hotel. After graduating from Texas A&M with an accounting degree, I went to work for Deloitte & Touche in their audit practice where I worked with a number of clients, including Motel 6. I loved public accounting and audit […]
The post Success Story appeared first on LODGING Magazine.
WRIGHTSVILLE BEACH, North Carolina—Dellisart Hospitality announced they are offering a digital media audit to the first twenty-five ownership groups that qualify. “With Google dramatically evolving their algorithm, hoteliers need to evolve their websites to stay relevant to search queries,” said Doug Artusio, chairman and CEO, Dellisart Hospitality. “We are offering a complimentary analysis and report to the first twenty-five qualified hotel owners, operators, and presidents of a brand or independent website. Each company will receive […]
The post Dellisart Hospitality Offers Digital Media Audits appeared first on LODGING Magazine.
A prominent sign of the era of sustainable lodgings is the success of Soul Community Planet (SCP), a hotelier that prioritizes environmental responsibility, along with wellness and social stewardship. Ken Cruse, co-founder and chief executive officer, and Pam Cruse, co-founder and chief marketing officer, lead the company, which currently owns and operates nine hotels: three in California, three in Oregon, and three in Colorado, Hawaii, and Costa Rica, respectively. “We’ve both been in the industry […]
The post Sign of the Times: Soul Community Planet Succeeds by Specializing in Holistic Hospitality appeared first on LODGING Magazine.
IHG Hotels & Resorts announced the first destination in the Americas for the reimagined Regent Hotels & Resorts on the beachfront of Santa Monica, California. Poised to open in late 2023, Regent Santa Monica Beach will bring new experiences to the coastline. Regent Santa Monica Beach is set near Santa Monica Pier. Following a transformation, the resort will have both guestrooms and suites along with a beachfront pool deck with multiple pools and a spa […]
The post IHG Announces First Regent Hotels & Resorts Property in the Americas appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Helped by the onset of spring break travel, U.S. hotel performance increased from the previous week, according to STR’s latest data through March 11, 2023. U.S. Hotel Performance March 5-11, 2023 Percentage change from comparable weeks in 2022, 2019:Occupancy: 64.7 percent (up 2.8 percent, down 7.5 percent)ADR: $158.20 (up 8.1 percent, up 16.6 percent)RevPAR: $102.38 (up 11.1 percent, up 7.8 percent) Among the Top 25 Markets, Washington, D.C., saw the highest year-over-year increase in […]
The post STR: Weekly U.S. Hotel Performance Increases With Onset of Spring Break Travel appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? Having the opportunity to make people feel home away from home. At a young age I knew the hospitality industry was the career path for me. Coming from Caribbean roots hospitality has always been more than a driver for a growing economy, it’s also been a cultural bridge. Hospitality allows us all to share and learn from each other mending the gaps in our differences. […]
The post Starting Young appeared first on LODGING Magazine.
DALLAS—Capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should decrease in 2024 as the end of the Federal Reserve’s rate-hiking cycle is anticipated, according to a new CBRE survey. The CBRE survey found that all property types reported cap rate increases in the second half of 2022. Despite strong real estate fundamentals, higher borrowing costs and uncertainty around monetary policy […]
The post CBRE Survey: Short-Term Capitalization Rate Expansion is Likely to Continue, Could Decrease in 2024 appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced a new agreement with Groups360 to bring online multi-room bookings to Wyndham hotels in 2023. Powered by GroupSync, Wyndham hotels will have the opportunity to integrate the platform with their hotel reservation systems, providing travel planners—from groups and events to those managing infrastructure, logistics, and corporate accounts—the ability to view the best available rates and availability as well as book rooms online. “Over the last three years, Wyndham […]
The post Wyndham Hotels & Resorts Announces Agreement With Groups360 appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? Like a lot of people, I entered the hospitality industry by accident. I started in food & beverage during college at a nearby Marriott. I really enjoyed the opportunity to work in different departments and learn about several areas of the business. After I graduated from The University of Texas at Austin, I entered the Leader in Development program, and the rest is history. Who […]
The post Aspiring to Inspire appeared first on LODGING Magazine.
First Hospitality announced the appointment of Christina Santarelli-Foster to vice president of marketing. In addition, First Hospitality named Walter Peseski as vice president of business development. Black Bear Capital Partners, an affiliate of Black Bear Asset Management, appointed Suraj Desai as head of capital markets for the firm. Desai joined the firm in February 2021 after working at Alpha Capital CRE and Mag Mile Capital. The Indigo Road Hospitality Group appointed Zach Girgenti as director […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
March is Women’s History Month, and a group of women at Aimbridge are making company history. On International Women’s Day on March 8, Aimbridge Women Excelling (AWE) launched as a new employee resource group for women working across all its locations in the United States and beyond. A majority of Aimbridge’s employees are women—57 percent in the corporate office and 60 percent in the field. AWE’s mission is to elevate and support those women through […]
The post Aimbridge Women Excelling Launches to Elevate and Support Associates appeared first on LODGING Magazine.
Chicago, Illinois—First Hospitality, a national hotel operating and development company, announces the appointment of Walter Peseski as vice president of business development. Peseski brings more than 15 years of experience in hotel and lifestyle brands to this new position. In his new role, Peseski will be responsible for leading the company’s external business development efforts and driving the growth of its third-party management services business. “Walter has deep leadership experience in the hospitality and full-service […]
The post First Hospitality Announces The Appointment Of Walter Peseski As VP, Business Development appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? I caught the travel bug early in life. My father worked for an airline, so our travel depended entirely on the standby list and which flights we could get on to with his travel vouchers. My curiosity in travel led me to my first hotel job while in high school, where I started at as a PBX operator (remember those!). The hotel was owned by […]
The post Hooked on Hospitality appeared first on LODGING Magazine.
TYSONS, Virginia—Cvent Holding Corp. announced that it has entered into a definitive agreement to be acquired by an affiliate of private equity funds managed by Blackstone in a transaction valued at an enterprise value of approximately $4.6 billion. Under the terms of the agreement, Cvent stockholders will receive $8.50 per share in cash, representing a premium of 52 percent to the volume-weighted average share price over the 90 days prior to January 30, 2023. A […]
The post Cvent Enters Definitive Agreement to be Acquired by Blackstone appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? Relationships. My journey with My Place began with my relationship with the Rivett family. The exposure to their vision to launch a new brand ignited my desire to be a part of the story we’re writing. The quality of our relationships reflects the impact we’ve made, and our growth is fueled by our relationship with each other, owners, operators, and guests. I remain most inspired […]
The post Finding Her Place appeared first on LODGING Magazine.
AI, or artificial intelligence, is all the talk these days. It is quickly becoming part of how we do business. For hoteliers, the question is how to leverage AI for the best results. The post-COVID travel boom combined with labor shortages has created a staffing crisis in the industry. Further, more customers want to be able to reach you on any channel—email, voice, text, social media, and chat. Having onsite staff to handle every type […]
The post AI Plus: Is A Hybrid Model the Way Forward? appeared first on LODGING Magazine.
During LODGING OnDemand Episode 36, Kass Dawson, vice president, brand strategy and marketing, SoftBank Robotics America, and Michael Case, general manager, Marriott Denver Tech Center, discuss the increased role of robotic and automation technology in hospitality. The pair discuss everything from collaborative robotics to the implementation and return on investment for hoteliers with regards to robotic solutions. Sponsored by SoftBank Robotics America.
The post Tech Talk | Cleaning up With Robotics appeared first on LODGING Magazine.
Years ago, low interest rates inspired many people to buy homes and turn them into short-term rentals through platforms like Airbnb. As the short-term rental model rose in popularity, it created extra competition for hotels. Now that people are traveling more post-COVID, how can hotels differentiate themselves from short-term rentals and regain market share? Hotels should promote the advantages of staying on their property versus a short-term rental, spotlighting their superior safety, quality, and operational […]
The post How Hotels Can Differentiate Themselves From Short-Term Rentals and Gain Market Share appeared first on LODGING Magazine.
Moxy Williamsburg debuts as the brand’s first hotel in Brooklyn with interiors by BASILE Studio in collaboration with Lightstone Design Studio and four new dining and drinking venues from Bar Lab Hospitality. Williamsburg is a fitting location for Lightstone’s collection of Moxy Hotels, part of Marriott Bonvoy’s portfolio of hotel brands. “Moxy embraces being bold through authentic self-expression and Moxy Williamsburg is the perfect place for free-spirited travelers to live in the moment and do […]
The post Moxy Williamsburg Opens, Becomes the Brand’s First Hotel in Brooklyn appeared first on LODGING Magazine.
Who were some of your mentors or role models, male or female, and what were their most valuable lessons? I have many mentors and sponsors, both male and female, who I think of as my circle of advisors. They have helped shape my career, opened the door to new opportunities and advocated for me when I was not in the room. But in honor of Women’s History Month, I want to recognize my mom, who […]
The post Role Model Reinforcement appeared first on LODGING Magazine.
Transforming how you accept payments can help strengthen your brand, drive revenue, enhance transaction security and attract new guests. To learn more about how other hospitality financial leaders are transforming payments, download the Hospitality Payments Transformation eBook.
The post Improve RevPAR by Transforming Your Payment Acceptance Strategies appeared first on LODGING Magazine.
With the transition of a handful of properties throughout the past year, including three select-service hotels within the last month, Spire Hospitality continues to expand and broaden the makeup of its management portfolio. The Irving, Texas-based company—founded in 1986 and previously known as Lane Hospitality—manages a diverse portfolio of some 34 full-service, select-service, lifestyle, and condo hotels for a host of owners, primarily its parent company, AWH Partners, LLC. LODGING recently caught up with CEO […]
The post Spire Hospitality: Aspiring to Grow appeared first on LODGING Magazine.
In December 2022, Hospitality Ventures Management Group added the 111-room Darwin Hotel to its portfolio and oversaw a complete rebranding and renovation of the former independent hotel. Along with eight individually themed suites, the hotel features a unique lobby that commemorates Atlanta’s culture, featuring art, crafts, and locally roasted coffee and pastry. “We hope to showcase the best of what Atlanta has to offer,” owner Navin Patel says. “This hotel is a love letter to […]
The post Redesign Evokes History and Change: The Lobby at The Darwin Hotel appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance fell from the previous week, according to STR’s latest data through March 4, 2023. U.S. Hotel Performance February 26-March 4, 2023 Percentage change from comparable weeks in 2022, 2019: Occupancy: 62.8 percent (up 3.0 percent, down 5.6 percent)ADR: $151.35 (up 8.9 percent, up 14.1 percent)RevPAR: $95.06 (up 12.1 percent, up 7.7 percent) Among the Top 25 Markets, Detroit saw the highest occupancy increase over 2019 (up 5.0 percent to 63.2 percent), […]
The post STR: U.S. Hotel Performance Fell From the Previous Week appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? There is no greater industry than hospitality. It inspires people and every imaginable aspect of life occurs in hotels and within travel. Babies are born in hotels and people get married in hotels. There’s the joy and the passion and everything that goes along with the travel of individuals and families. That’s what drew me to the hospitality industry, just the excitement that surrounds the […]
The post Drawn to the Excitement appeared first on LODGING Magazine.
DALLAS—HotelKey added its central reservation system (CRS) to an already existing portfolio of HotelKey products in use at Extended Stay America (ESA). ESA has worked with HotelKey for its property management system (PMS) since 2018 and for its call center module (Find & Reserve) since 2020. The cloud-based CRS product includes connectivity to OTAs and GDS systems, access to the call center module, integration with channel managers, and unification with the PMS. HotelKey Co-Founder and […]
The post HotelKey Adds CRS to its Product Portfolio for Extended Stay America appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced that the San Diego market led the U.S. meetings and events industry by volume for February 2023, followed by Chicago and Dallas. The drivers for meetings were technology and healthcare across four of the top five markets. This data is a subset of Knowland’s pipeline generation platform designed to help hoteliers build and protect a hotel’s booking base. Kristi White, chief product officer, Knowland, said, “Despite concerns about the technology sector—historically a […]
The post Knowland: San Diego Led U.S. Meetings and Events Volume for February 2023 appeared first on LODGING Magazine.
Who were some of your mentors or role models, male or female, and what were their most valuable lessons? I have had many role models—starting with my mother, who always kept her sense of humor and had a warm embrace for everyone she met. She taught me to treat people well, give back, and not to take life so seriously. Isn’t that what hospitality is all about? I have had great bosses—including my now long-term […]
The post Raising the Bar appeared first on LODGING Magazine.
KSL Resorts promoted Ian Pullan to senior vice president of asset performance west. In his new role, Pullan will continue to concentrate on operations in KSL Resorts’ West Coast portfolio and collaborate with onsite hotel teams to produce effective company culture. Hospitality Ventures Management Group announced that it has strengthened its Revenue Excellence team with two new promotions. Melissa Arana has been named vice president of revenue strategy, and Denise Hanas has been named corporate […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Maya Hotels announced its acquisition of two Hampton Inn-branded hotels in the Carolinas. The two Hampton Inn hotels—Hampton Inn & Suites Charlotte-Arrowood Road, North Carolina, and Hampton Inn Columbia Northeast-Fort Jackson, South Carolina—have a total of 210 guestrooms. This transaction marks Maya Hotels’ second and third acquisitions over the last six months. The company also acquired the Avid Hotel Fort Mill, South Carolina, in the second half of 2022. The hotels will be […]
The post Maya Hotels Acquires Two Hampton Inn Properties in the Carolinas appeared first on LODGING Magazine.
TEMPE, Arizona—BWH Hotel Group partnered with Midas Hospitality for the management of its Vīb hotel in Tempe, Arizona. The Tempe hotel joined BWH Hotel Group’s global Vīb portfolio in 2022 as an example of the brand. “We conducted a thorough search process in finding the right management company for our Vīb hotel in Tempe and we are pleased to be partnering with Midas Hospitality,” said Michael Morton, vice president of brand management, BWH Hotel Group. […]
The post BWH Hotel Group Names Midas Hospitality Vīb Tempe Manager appeared first on LODGING Magazine.
NEEDHAM, Massachusetts—Tripadvisor released its first Seasonal Travel Index of 2023, providing an outlook for travel patterns and demand over the next three months. Key findings from the index include: Overview The majority of travelers (66 percent) plan to travel in the upcoming season (March 1 through May 31) according to consumer sentiment research commissioned by Tripadvisor in five key global markets. Around nine in 10 of these travelers (86 percent) plan to travel the same […]
The post Tripadvisor Releases First Seasonal Travel Index of 2023 appeared first on LODGING Magazine.
Who were some of your mentors or role models, male or female, and what were their most valuable lessons? Dr. Debbie Cannon (Director, Cecil B. Day School of Hospitality), Fern Kanter (EVP, CHMWarnick & Castell Project), Valerie Ferguson (Director of Lodging, Disney World), and Erica Qualls-Battey (GM of the Atlanta Marriott Marquis) have all been tremendous inspirations for me in the hotel industry. Their tenacity, strength and guidance have guided me along in my career. […]
The post Brighter Days Ahead appeared first on LODGING Magazine.
Together with the World Travel & Tourism Council (WTTC), brands, associations, and destinations, Radisson Hotel Group launched the Hotel Sustainability Basics verification scheme. Announced at ITB Berlin, Basics will enable tourist accommodation providers from around the world, regardless of their size, to begin their sustainability journey. Basics first launched at WTTC’s Global Summit in Manilla last year as a coordinated set of criteria that all hotels could implement as a minimum to drive responsible and […]
The post Radisson Hotel Group Launches Hotel Sustainability Basics Verification Scheme appeared first on LODGING Magazine.
Launched in 2018, IHG Hotels & Resorts’ voco hotels has 46 open properties and 55 in its pipeline within 18 countries including Japan, Kenya, Spain, and India. As the brand continues to be a driver of IHG’s growth strategy in the conversion space, voco hotels’ expansion reflects the IHG enterprise platform. With a design and operational framework conducive to conversion, the brand allows owners to carry through their own vision for each property with connections […]
The post IHG’s voco hotels Reaches 100 Properties Signed or Opened appeared first on LODGING Magazine.
NASHVILLE, Tennessee—HRI Hospitality (HRIH), in partnership with C. B. Ragland Company and Peachtree Hotel Group, announced the financial closing for the ground-up development of a new 210-room Caption by Hyatt hotel in the Gulch District of downtown Nashville, Tennessee. The construction financing will be provided by Truist Financial Corporation and its syndication partner, Commerce Bank. The hotel is scheduled to break ground this month and debut in late 2024. This will mark HRIH’s 32nd property […]
The post HRI Hospitality Announces Development of Caption by Hyatt Nashville appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? I studied Human Development at Cornell but got interested in the Hotel School and changed my major when I recognized the career opportunity. I started with restaurants at Disney, then switched to hotels after my MBA for an exciting role at Hilton International to create the industry’s first marketing information systems and research function. I did that for a few years and then became a […]
The post No Looking Back appeared first on LODGING Magazine.
During the recent ALIS Conference, Best Western Hotel Group President/CEO Larry Cuculic took some time to assess the first 12 months of his tenure with LODGING highlighting the growth momentum of several of the company’s relatively newer brands and companies. Upon entering what Cuculic referred to as his “sophomore year” at the helm of the Phoenix-based multi-brand company, which now includes 19 flags, he also stressed the importance of creating the right internal environment since […]
The post Progress Report: Best Western CEO Larry Cuculic Weighs in on His First Year at the Helm; Growth Prospects appeared first on LODGING Magazine.
DENVER—OTA Insight announced the launch of Rate Insight+, a solution that gives hoteliers a view of their competitive landscape by combining hotel and short-term rental data in a single platform. The new short-term rental data will be available as an upgrade to the core Rate Insight product. Rate Insight+ offers hoteliers a comprehensive view of short-term rental and hotel pricing in their specific market, providing data to enable pricing decisions based on demand, occupancy, and […]
The post OTA Insight Launches Rate Insight+ appeared first on LODGING Magazine.
SANTA BARBARA, California—The Steward, a Tribute Portfolio by Marriott hotel, will debut this spring in Santa Barbara, California. The 87 all-suite boutique hotel will have a focus on sustainability and its history. “As caretakers of this incredible property—and of our guests—the hotel’s ownership group dreamed up this concept, where we could create a natural retreat for guests to connect to the magic of the land, its history, and truly escape from their everyday lives,” said […]
The post The Steward, a Tribute Portfolio Hotel, to Open This Spring appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers is speaking out after lawmakers in the House and Senate introduced the PRO Act of 2023. “The lodging industry has long provided a pathway for fulfilling careers and the means for employees and entrepreneurs to achieve the American Dream. Unfortunately, the PRO Act, reintroduced in Congress this week, would undermine workplace flexibility and upward mobility for workers and create extensive and costly regulatory burdens […]
The post AHLA Releases Statement Opposing the PRO Act appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? Like many people, I fell into the hospitality business by accident. My first job after graduating from Texas A&M, with a psychology degree, was as a Human Resources Manager at a Holiday Inn in Washington, DC. It was in that environment, that I found myself bitten by the hospitality bug and continued to work in the industry in a variety of roles. Who were some of your mentors or role models, male […]
The post Hospitality Driven appeared first on LODGING Magazine.
From contactless payments and QR codes to Real-Time Payments (RTP) and fraud management strategies, transforming how you accept payments can help strengthen your brand, drive revenue, enhance transaction security and attract new guests. To learn more about how other hospitality financial leaders are transforming payments, download the Hospitality Payments Transformation eBook.
The post Improve RevPAR with the Latest Payment Acceptance Strategies appeared first on LODGING Magazine.
ST. PETERSBURG, Florida—AC Hotels by Marriott has opened a new property in downtown St. Petersburg, Florida. AC Hotel by Marriott St. Petersburg Downtown has commissioned artwork, technology, and personal amenities. “This AC Hotel is the perfect complement to St. Pete’s lively downtown vibe,” said General Manager Ben Walters. “The overall design balances form and function, while small details provide an authentic sense of place.” The AC Hotel has 172 guestrooms—a dozen of them suites—along with […]
The post AC Hotel by Marriott St. Petersburg Downtown Opens appeared first on LODGING Magazine.
SAN ANTONIO, Texas—Hyatt Regency Hill Country Resort and Spa, a Texas Hill Country resort located on 300 acres in San Antonio, recognized its 30-year anniversary. The resort is honoring the milestone with a $50 million renovation to its guestrooms and meeting spaces expected to be complete this spring. “We are thrilled to celebrate the 30-year anniversary of unforgettable experiences, cherished vacation memories, and premier hospitality at Hyatt Regency Hill Country Resort and Spa,” said Steven […]
The post Hyatt Regency Hill Country Resort and Spa Undergoes Renovations appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data through February 25, 2023. The U.S. weekly occupancy level was the highest since the week ending November 12, 2022. U.S. Hotel Performance February 19-25, 2023 Percentage change from comparable week in 2019:Occupancy: 64.2 percent (down 1.5 percent)ADR: $156.51 (up 22.2 percent)RevPAR: $100.43 (up 20.3 percent) Among the Top 25 Markets, Orlando saw the highest occupancy increase over 2019 (up 6.2 percent […]
The post STR: U.S. Weekly Hotel Occupancy Reaches Highest Level Since November 2022 appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? My initial inspiration was my parents. They purchased two “motels” in Springdale, Arkansas, when I was in the fifth grade. These two motels were where I spent my afternoons, weekends and summers working. My parents grew up humbly, they saw opportunity in the hospitality industry and they followed their dream. I loved and still love the family environment of working together. I don’t believe they envisioned […]
The post Carving Her Own Niche appeared first on LODGING Magazine.
TORONTO—Accor announced openings, renovations, culinary debuts, and experiences at properties across North and Central America. The year 2023 marks the opening of both Sofitel Legend Casco Viejo Panama and Raffles Boston Back Bay Hotel & Residences, alongside renovations at Fairmont properties, including Fairmont Mayakoba, Fairmont Kea Lani, and Fairmont Banff Springs. Experiences This spring, Fairmont is ushering in a series of Beyond LIMITS experiences. Launched in late 2022 and available at properties across North and […]
The post Accor Announces Openings and Experiences Coming in 2023 in North and Central America appeared first on LODGING Magazine.
NEWPORT NEWS, Virginia—Mumford Company completed the sale of the Beckley, West Virginia-based Quality Inn and Atlanta, Georgia-based Comfort Suites. In the sale of the Beckley West Virginia Quality Inn, Mumford Company represented the principals of Beckley Hotel Associates, LP. The deal was finalized in just 110 days from listing to closed sale. The purchaser, Humble Hospitality, LLC, is a multi-disciplined real estate developer and investor focusing on hospitality assets. Humble Hospitality plans to complete the […]
The post Mumford Company Completes the Sale of Two Hotels in the U.S. Southeast appeared first on LODGING Magazine.
Meyer Jabara Hotels appointed Jay Sarkar as chief financial officer. Sarkar will manage the account processes for the company’s hotels and plan the financial future for the management company. He was previously chief financial officer for StepStone Hospitality. Great Wolf Resorts named Scott Snofsky general manager of Great Wolf Lodge Arizona. Snofsky brings over a decade of experience to the property, having previously served at Hotel Adeline – A Tribute Portfolio Hotel and L’Auberge de […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
BOSTON and THE WOODLANDS, Texas—Established by the merger of three hotel and resort management companies, Pyramid Global Hospitality was introduced as a collection of divisions, including Benchmark; Pyramid Luxury & Lifestyle; and Hamilton, Pyramid Europe. In a look back at the year plus since the merger, Pyramid Global has record growth and development, including the addition of 59 properties to the company’s portfolio, six executive promotions, and investment in the technology and tools provided across […]
The post Pyramid Global Closed 2022 With 59 Properties Added Since Merger appeared first on LODGING Magazine.
Atlanta, Georgia-based Revenue Analytics announced a strategic relationship with IHG Hotels & Resorts. As part of the agreement, Revenue Analytics will seek to further its N2Pricing software to potentially enhance IHG’s overall revenue management capabilities. N2Pricing creates efficiencies and automation for hotels to manage their pricing and drive revenue to their property or portfolio of properties through price optimization, room type pricing capabilities, and revenue optimization. Dax Cross, CEO of Revenue Analytics, said, “I am […]
The post Revenue Analytics Forms Strategic Relationship With IHG Hotels & Resorts appeared first on LODGING Magazine.
PLANO—Aimbridge Hospitality continued to expand its managed portfolio with the addition of nine properties to its Select Service operating division. Nine hotels, owned by Neema Hospitality, are located across Maryland, Pennsylvania, and West Virginia, and have an aggregate of 774 guestrooms. Aimbridge Hospitality’s Select Service division is focused on guest experiences at every property and value to Neema Hospitality through access to its team, scale, and resources. “Our select service team is committed to achieving […]
The post Aimbridge Adds Nine Neema Hospitality Hotels to Its Managed Portfolio appeared first on LODGING Magazine.
WEST HOLLYWOOD, California—iBorrow announced that it has provided financing to Ian Schrager and Ed Scheetz to enable their acquisition of a 139-key hotel property formerly known as the Standard Hotel in West Hollywood, California. The $86.7 million loan was funded through a co-lending partnership between iBorrow and Reuben Brothers. “We’ve observed that the hospitality sector has experienced increasing demand in gateway cities, including Los Angeles, and we are confident in the ability of this successful […]
The post iBorrow and Rueben Brothers Provide Financing for Property Formerly Known as the Standard Hotel appeared first on LODGING Magazine.
What initially inspired you to get into the hospitality business? So I do not hold a degree in hotel management, and in fact, I fell into my first hotel job quite accidentally. However, it did not take long for me to fall in love with this industry, its people, and fortunately for me, I was exposed rather quickly to all of the many opportunities that exist by working hard. For those with a strong work […]
The post Making Mom Proud appeared first on LODGING Magazine.
SALT LAKE CITY, Utah—The Kimpton Hotel Monaco Salt Lake City announced a top-to-bottom renovation. The transformation, set to be completed in late summer 2023, will include a re-haul of its public spaces, on-site meeting and event spaces, 225 guestrooms and suites, on-site restaurant, Bambara, and cocktail bar, The Vault. The Monaco will remain open throughout the process. Led by Los Angeles-based design firm beleco, the design will feature original and historical details while incorporating natural […]
The post Kimpton Hotel Monaco Salt Lake City to Undergo Renovation appeared first on LODGING Magazine.
AMSTERDAM—PPDS unveiled its network of interconnected PPDS Studios in Europe and North America, providing customers and partners with access to its suite of products and solutions for co-creation with partners and the opportunity for informed decisions for customers. PPDS Studios have officially been opened across Europe in Amsterdam, Madrid, Paris, Stockholm, Munich, Milan, and near Cheltenham in the United Kingdom, as well as in Charlotte, North Carolina. More PPDS Studios are planned throughout 2023 and […]
The post PPDS Opens Interconnected Studios Network in Europe and North America appeared first on LODGING Magazine.
citizenM opened its second property in Miami, following its Miami Brickell opening in July 2022. The 351-room hotel is located in the Miami Worldcenter development, a $4 billion mixed-use destination in Downtown Miami with a collection of shops, entertainment spaces, and dining spots. citizenM Miami Worldcenter’s opening marks the brand’s 30th hotel across the globe and within its portfolio. The property was designed by citizenM’s architecture partner Concrete, in partnership with Gensler, to allow citizenM’s […]
The post citizenM Miami Worldcenter Opens as Brand’s Second Hotel in the City appeared first on LODGING Magazine.
SAN JUAN, Puerto Rico—La Concha Resort is set to become the latest addition to Marriott International’s Autograph Collection, as announced by Fahad Ghaffar, partner at Paulson Puerto Rico, the company that owns and operates the hotel. “La Concha Resort has had a long-standing relationship with Marriott, previously forming part of its Renaissance Hotels group for 15 years. Joining Marriott’s Autograph Collection is a huge step forward in La Concha’s legacy as one of Puerto Rico’s […]
The post La Concha Resort to Become First Autograph Collection Resort in Puerto Rico appeared first on LODGING Magazine.
SEATTLE—Columbia Pacific Advisors Bridge Lending has closed on a $92 million loan to facilitate the construction of the retail/commercial phase of Harvest, a mixed-use project in the Hollywood District of Woodinville, Washington. Columbia Pacific Advisors has committed over $200 million to the Hollywood District development. Upon its end of 2024 completion, Harvest’s mixed-use offering will be comprised of at least 70 townhomes and condominium flats and over 200 rental apartments; The Somm Hotel and Spa, […]
The post Columbia Pacific Advisors Closes Loan for Harvest Mixed-Use Development appeared first on LODGING Magazine.
VIRGINIA BEACH, Virginia—Embassy Suites by Hilton Virginia Beach Oceanfront Resort hotel has officially opened, located on Atlantic Avenue and minutes away from Virginia Beach’s culinary scene, history, arts and entertainment, and attractions. The hotel is owned by Gold Key|PHR and the Cavalier Resort Virginia Beach. The hotel is the newest addition to the collection of Embassy Suites properties in the country with the “Resort” designation from Hilton. The hotel’s opening adds an additional 157 suites […]
The post Embassy Suites by Hilton Virginia Beach Oceanfront Resort Opens appeared first on LODGING Magazine.
WASHINGTON—As nearly 80 percent of hotels experience staffing shortages, hoteliers are offering potential hires a host of incentives to fill vacancies, according to a new survey of hoteliers conducted by the American Hotel & Lodging Association (AHLA). Seventy-one percent of respondents are increasing wages, 64 percent are offering greater flexibility with hours, and 33 percent are expanding benefits—but 81 percent say they are still unable to fill open positions. Seventy-nine percent of survey respondents indicate […]
The post AHLA: Hoteliers Are Offering Incentives to Fill Staff Vacancies appeared first on LODGING Magazine.
After two years impacted by the health crisis, the fiscal year 2022 posted a solid and sustainable rebound in Accor’s activity. The performance of hotels over the second half of the year surpassed pre-crisis levels in almost every Accor region. Only Asia, a region impacted by China’s zero-COVID policy until year-end, is still below 2019 activity levels. Worldwide, Accor’s recovery was primarily driven by domestic guests, with levels exceeding those of 2019. Whereas international travelers, […]
The post Accor Releases Fiscal-Year 2022 Results appeared first on LODGING Magazine.
PORTSMOUTH, New Hampshire—Lodging Econometrics (LE) has released its Q4 and year-end 2022 Global Construction Pipeline Trend Report. At the close of 2022, LE analysts stated that the total global construction pipeline stood at 14,267 projects, a 4 percent increase year-over-year (YOY), with 2,298,846 rooms. The global pipeline has remained relatively flat for three consecutive years, following the onset of the COVID-19 pandemic after reaching peak project and room counts in Q4 2019. However, three of […]
The post Lodging Econometrics Releases Q4 and Year-End 2022 Global Construction Pipeline Trend Report appeared first on LODGING Magazine.
NEW YORK—JLL’s Hotels & Hospitality Group announced that it has closed the sale of two Marriott brand hotels totaling 372 keys along the Hudson River in Weehawken, New Jersey. JLL represented the seller, Veris Residential, in the all-equity sale to Navika Capital Group, LLC. The hotels were offered unencumbered by management. The portfolio includes the 208-key EnVue Autograph Collection Port Imperial and the 164-key Residence Inn Port Imperial. The hotels, which opened in 2019 and […]
The post JLL Closes Sale of Two Marriott-Branded Properties in New Jersey appeared first on LODGING Magazine.
WASHINGTON—The U.S. Travel Association announced the election of Chris Nassetta, president and CEO of Hilton, as national chair. In this role, Nassetta may serve up to two consecutive one-year terms. “The U.S. Travel Association has long been an incredible advocate for the travel industry and its significant contributions to our national and global economies,” Nassetta said. “I’m honored to represent our industry in this capacity and collaborate across sectors to advance the many opportunities ahead […]
The post The U.S. Travel Association Announces Election of Chris Nassetta as National Chair appeared first on LODGING Magazine.
MYRTLE BEACH, South Carolina—Kingston Resorts announced the completion of its $65 million renovation with the opening of Black Drum Brewing. Under the ownership of EOS Hospitality, Black Drum Brewing is for locals and destination visitors alike and offers regionally-sourced craft beers and private event spaces including Seaside Vista, a ballroom with an open-air terrace. “We’ve officially crossed the finish line in completing our property-wide reinvention as we formally debut Black Drum Brewing,” said Bob Barenberg, […]
The post Kingston Resorts Completes Renovation, Opens Black Drum Brewing appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation reported fourth quarter and full year 2022 financial results. Highlights include: Mark S. Hoplamazian, president and CEO of Hyatt, said, “Our results in the fourth quarter mark the completion of a truly transformative year. We generated a record level of fees and free cash flow while leading the industry in organic growth for a sixth consecutive year. This outcome is a direct result of successfully executing on our asset-light growth strategy. We […]
The post Hyatt Hotels Corporation Reports Q4 and Full-Year 2022 Financial Results appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) promoted Kevin Carey to senior executive vice president and chief operating officer. Kevin joined AHLA in 2017. He helped with the growth and organizational expansion of the association and the AHLA Foundation. Under his leadership, AHLA’s revenues grew by nearly 50 percent. Kevin worked to increase membership and diversify non-dues revenue sources. He spearheaded several innovative strategic partnerships and has an eye for orchestrating mergers with peer hospitality […]
The post AHLA Promotes Kevin Carey to Senior EVP and COO appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data through February 18, 2022. U.S. Hotel Performance February 12-18, 2023 Percentage change from comparable week in 2019Occupancy: 60.8 percent (down 5.5 percent)ADR: $156.10 (up 19.5 percent)RevPAR: $94.94 (up 12.9 percent) U.S. weekly hotel occupancy reached the 60 percent mark for the first time since the week ending November 19, 2022. Among the Top 25 Markets, Washington, D.C., saw the only occupancy […]
The post STR: U.S. Hotel Performance Increases From Previous Week appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. reported its fourth quarter and full-year 2022 results. “2022 was a landmark year for Choice Hotels, in which we drove step function growth with adjusted EBITDA surpassing 2019 levels by 28 percent. We generated significant organic growth over 2021 and acquired the Radisson Hotels Americas brands in August, which has accelerated our long-term growth potential,” said Pat Pacious, president and CEO. “Our distinct strategy of growing our brand portfolio with […]
The post Choice Hotels International Reports Q4 and Full-Year 2022 Results appeared first on LODGING Magazine.
RALEIGH, North Carolina—CN Hotels announced that construction is underway for its new dual-brand hotel in Raleigh’s business district, Tempo by Hilton and Homewood Suites Raleigh Downtown, which broke ground in the fall of 2021 and is set to open later this year. Tempo by Hilton Raleigh Downtown will be the first Tempo by Hilton flag in North Carolina and the second of its kind to open in the United States. “We are pleased with the […]
The post CN Hotels Announces Dual-Brand Property Under Construction in Raleigh, North Carolina appeared first on LODGING Magazine.
BETHESDA, Maryland—Pebblebrook Hotel Trust announced that it closed on the sale of The Heathman Hotel, a 151-room property in Portland, Oregon, for $45.0 million to a third party. For the trailing twelve months ended December 31, 2022, the hotel’s net operating income was $1.0 million, and its Hotel EBITDA was $1.2 million. Based on the hotel’s operating performance for 2019, the $45.0 million sales price reflects a 10.7x EBITDA multiple and an 8.4 percent net […]
The post Pebblebrook Hotel Trust Closed on the Sale of The Heathman Hotel appeared first on LODGING Magazine.
Twenty Four Seven Hotels promoted Amanda Hawkins-Vogel to the company’s newly created role of chief operating officer. Hawkins-Vogel will provide strategic guidance to all departments supporting daily operations. Marriott International appointed Saba Landmann, senior vice president, global brand and portfolio-PR, effective immediately. Landmann will be responsible for leading communications for the company’s portfolio of experiential hotel brands. Noble Investment Group announced Jennifer Eager as vice president of fund and corporate accounting. She will be responsible […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Element Hotels and Le Méridien Hotels & Resorts with The Ritchie Group and Garn Development announced the opening of Le Méridien Salt Lake City Downtown and Element Salt Lake City Downtown. The dual-branded property commemorates Element’s 100th global opening and its first in Salt Lake City, complementing its location in Moab, Utah. The property also marks the first Le Méridien in Utah and the first hotel with a rooftop bar in the market. This first […]
The post Marriott Opens 100th Element Hotel, a Dual-Branded Property in Salt Lake City appeared first on LODGING Magazine.
DENVER, CHICAGO, & MINNEAPOLIS—HREC Investment Advisors announced it has arranged the sale of the 111-room Hampton Inn Cadillac located in Cadillac, Michigan. HREC Investment Advisors represented Kushman Hotels Group on this transaction. The marketing and negotiations were led by Scott Kaniewski (managing director—Chicago), Lee Kerfoot (vice president—Minneapolis), and Taylor Ponath (salesperson—Minneapolis), as well as Michael Blahosky, corresponding broker and Broker on Record for Michigan. “The HREC team of Scott Kaniewski, Lee Kerfoot, and Taylor Ponath […]
The post HREC Investment Advisors Arranges Sale of Hampton Inn Cadillac appeared first on LODGING Magazine.
FAIRFAX, Virginia—Crestline Hotels & Resorts, LLC announced that Bighorn Hospitality, LLC selected Crestline to manage the 263-guestroom Sheraton Denver Tech Center Hotel in Colorado. Located in Greenwood Village, the hotel is situated near downtown Denver and downtown Englewood, with the Rocky Mountains as a backdrop. It offers access to the Denver Tech Center, The Links Golf Course, Fiddler Green Amphitheatre, and the Park Meadows Mall. “Crestline begins the new year well-positioned for continued growth and […]
The post Crestline to Manage Sheraton Denver Tech Center Hotel appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the expansion of its BOLD by Wyndham program. In just over six months, the program has signed deals for 18 hotels across the United States, including 10 under its newly launched ECHO Suites Extended Stay by Wyndham brand. Based on data provided by the National Association of Black Hotel Owners, Operators, and Developers (NABHOOD), Black employment in the hotel industry represents nearly 20 percent of all team members […]
The post Wyndham Hotels & Resorts Expands BOLD by Wyndham Program appeared first on LODGING Magazine.
IHG Hotels & Resorts formally released its full-year 2022 financial results report. Key metrics from the report include: IHG reported further significant improvement in trading with sequential improvement each quarter in global RevPAR versus 2019. The strongest recovery was in the Americas with RevPAR up 3.3 percent versus 2019 (Q4 up 9.0 percent); EMEAA improving to 7.5 percent (Q4 up 8.8 percent); and Greater China 38 percent (Q4 42 percent) due to the scale of […]
The post IHG Hotels & Resorts Releases Full-Year 2022 Financial Results appeared first on LODGING Magazine.
OKLAHOMA CITY—Ryan McNeill of Veritas Development announced Lively Hotel, a 132-key boutique hotel, will join the community at OAK, the 20-acre mixed-use district. Gatehouse Capital will develop Lively Hotel in partnership with Veritas. With site work underway, vertical construction of the mixed-use community began recently. Designed as OAK’s “living room,” Lively Hotel is part of the Tapestry Collection by Hilton. As Oklahoma’s first Tapestry Collection hotel, Lively Hotel will have 132 rooms; a 3,050-square-foot bar […]
The post Lively Hotel to Join OAK Mixed-Use Development appeared first on LODGING Magazine.
DENVER and ASPEN, Colorado—Continuum Partners LLC announced that it has sold an interest in Hotel Born to Aspen Hospitality, the hospitality division of Aspen Skiing Company. The newly formed joint venture marks the beginning of the hotel’s conversion to Limelight Denver under the operation of Aspen Hospitality in 2023. Rick Rush of CBRE represented Continuum in the deal. Hotel Born will continue to operate as usual until the conversion to Limelight occurs, with the partners […]
The post Aspen Hospitality Announces Limelight Denver Conversion appeared first on LODGING Magazine.
WASHINGTON—Hotel-generated state and local tax revenue will reach new heights nationally ($46.71 billion) and in states across the nation this year, according to state-by-state projections released today by the American Hotel & Lodging Association (AHLA) and Oxford Economics. Average U.S. hotel occupancy is projected to reach 63.8 percent in 2023—just shy of 2019’s level of 65.9 percent. Staffing is expected to remain a challenge for many U.S. hotels in 2023, as the industry continues to […]
The post AHLA Finds Hotel-Generated State and Local Tax Revenue Will Reach National Heights appeared first on LODGING Magazine.
DALLAS, Texas—Remington Hotels announced its management agreement for La Quinta Inn & Suites by Wyndham Lakeway. Located in the city of Lakeway, the property marks Remington’s fifth hotel in the Austin area, further strengthening its portfolio in the market. Remington will manage the hotel’s sales, marketing, operations, revenue management, and overall customer satisfaction results. The property offers 104 pet-friendly guestrooms with flat-screen HDTVs, mini-refrigerators, microwaves, coffee makers, and personal desks. The property also has a […]
The post Remington Hotels Announces La Quinta Inn & Suites by Wyndham Lakeway Management Agreement appeared first on LODGING Magazine.
The hospitality industry has never seen more change, challenges, and opportunities since the invention of the national highway system. If you are not flexible and adaptive, you will miss opportunities and will struggle. When I was growing up, job seekers’ priorities were ranked in this order: career, money, work environment, and flexibility. You mainly got a job to make money and provide for your home, and flexibility wasn’t really part of the equation. In today’s […]
The post Ask Anthony: What Is Your Opinion of the State of the Hospitality Industry Going Into 2023? appeared first on LODGING Magazine.
LOS ANGELES—JLL’s Hotels & Hospitality Group announced that it closed the sale of the Element Basalt Aspen, a 113-key extended-stay hotel in Basalt near Aspen, Colorado. JLL represented the seller, Silverwest Hotels, LLC, and its partners and procured the buyer. JLL also secured acquisition financing for the buyer. Element Basalt Aspen is a four-story hotel developed by Silverwest and opened in 2015. It has an outdoor event lawn and 625 square feet of indoor meeting […]
The post JLL’s Hotels & Hospitality Group Closes Sale of Element Basalt Aspen appeared first on LODGING Magazine.
COLUMBIA, Maryland—Placemakr announced the launch of its newest pop-up hotel—WhyHotel by Placemakr, Columbia. The new pop-up is located in Marlow in downtown Columbia and will begin welcoming guests in March. WhyHotel by Placemakr pop-ups are open for a limited time. In partnership with The Howard Hughes Corporation, the pop-up hotel will allow guests to experience hotel amenities and services while staying in furnished, open-floor apartments with appliances, kitchens, and in-unit laundry. The property has a […]
The post WhyHotel by Placemakr, Columbia, Becomes Brand’s Newest Pop-up Hotel appeared first on LODGING Magazine.
STEVENSON, Washington—Skamania Lodge announced the addition of three new treehouses to its expanding treehouse village, bringing the total to nine treehouses. Above the forest floor in the tall Douglas Firs, the new treehouses bring the lodge’s total treehouses to nine and provide an aesthetic that connects guests with the surrounding natural habitat. The new treehouses are 40 feet above the ground and have amenities designed for families, couples, and solo travelers. The treehouses have a […]
The post Skamania Lodge Expands Treehouse Village With Three Additions appeared first on LODGING Magazine.
HOBBS, New Mexico—Insignia Hospitality Group, Inc. announced the opening of its newest property, the Home2 Suites by Hilton Hobbs in Hobbs, New Mexico. The hotel has 99 suites and tech-focused and eco-conscious amenities. General Manager Erik Rivera leads the management team for Insignia at the extended-stay property. Home2 Suites by Hilton Hobbs offers access to downtown Hobbs, the Zia Park Casino and Racetrack, the Western Heritage Museum, Lea County Center for the Arts, the Lea […]
The post Insignia Hospitality Group, Inc., Opens Home2 Suites by Hilton Hobbs appeared first on LODGING Magazine.
Renovations are crucial projects, whether they transform a property or simply maintain its look, feel, and MEP (mechanical, electrical, plumbing) components. They have also become more challenging projects post-COVID-19, given rising inflation and supply chain disruptions. However, astuteness in sourcing contractors and an early start on sourcing materials can help address these challenges. Two veterans of hotel renovations—Larry Spelts, president, lodging & lifestyle adventures, Indigo Road Hospitality Group, and Gregory W. Winey, founder & principal, […]
The post Renovating the Right Way: Ensuring Projects Succeed While Protecting the Guest Experience appeared first on LODGING Magazine.
Hotel development, management, and investment company Raines has promoted Brittney Jones, former vice president of sales, marketing, and revenue management, to the newly created position of vice president of strategic partnerships. In her new position, Jones, who has been with Raines since 2015, will be responsible for executing a strategy to support the overall vision of Raines, which she describes as “ever-evolving.” The new position, she says, was created to address identified gaps and needs […]
The post Strategic Movement: Raines Promotes Brittney Jones to Newly Created Position appeared first on LODGING Magazine.
DALLAS—CBRE is raising its forecast for hotel performance on the heels of industry gains in Q4 2022 and the expectation of slightly positive GDP growth in 2023. CBRE has revised its forecast for 2023 revenue per available room (RevPAR) to $97.46, up 5.8 percent year-over-year, and an increase of $0.43 from its previous forecast. The positive revision is predicated on a roughly 30-basis-point increase in expected occupancy compared to the previous forecast issued in November […]
The post CBRE Raises Hotel Performance Forecast Aligning With Q4 2022 Industry Gains appeared first on LODGING Magazine.
BETHANY BEACH, Delaware—Bethany Beach Ocean Suites Residence Inn by Marriott will unveil a renovation in May 2023, encompassing newly designed guest suites and public spaces, meeting rooms and an event hall, and a hybrid indoor-outdoor pool. A new restaurant—Via Sophia by the Sea—will be included alongside the renovation. Bethany Beach Ocean Suites is owned and operated by EOS Hospitality. “We are incredibly grateful for the opportunity to take Bethany Beach Ocean Suites to new heights […]
The post Bethany Beach Ocean Suites Residence Inn by Marriott to Unveil Renovation appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data through February 11, 2023. U.S. Hotel Performance February 5-11, 2023 Percentage change from comparable week in 2019: Occupancy: 57.8 percent (down 8.7 percent) ADR: $150.97 (up 13.4 percent) RevPAR: $87.21 (up 3.6 percent) While none of the Top 25 Markets saw an occupancy increase over 2019, Dallas came closest to its 2019 comparable (down 0.7 percent to 66.1 percent). Helped by […]
The post STR: Phoenix Reports Highest ADR and RevPAR Increases Over 2019 appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association announced the promotions of two longtime hotel industry leaders. Troy Flanagan was promoted to executive vice president of external government affairs and industry relations. In this role, Flanagan will serve as the leader of AHLA’s integrated outreach to public officials, while strengthening the association’s partnerships with allied groups. He will also lead AHLA’s engagement and lobbying with state and local governments, legislatures, gubernatorial offices, and related organizations. Flanagan joined […]
The post AHLA Announces Two Executive-Level Promotions appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Labor-related issues and energy/utility costs are among the top challenges on the mind of global hotel and travel industry professionals, while leisure demand and increased guest spending are seen as the biggest strengths, according to a new survey from STR. The Hospitality Industry Sentiment survey is STR’s first longitudinal study of hotel and travel industry professionals, with initial findings captured between November 29 and December 11, 2022, from 200 respondents across the globe. “While […]
The post STR: Labor-Related Issues and Energy Costs Are Top Hotel Industry Challenges appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months and year that ended December 31, 2022. The report includes: “We are incredibly proud of our team’s ability to close out 2022 with RevPAR and adjusted EBITDA results that exceeded our outlook. Our development pipeline increased sequentially for the 10th consecutive quarter reflecting robust developer interest in our brands for both conversion and new construction opportunities despite the broader macro-economic climate,” said Geoffrey […]
The post Wyndham Hotels & Resorts Reports Full Year and Q4 2022 Results appeared first on LODGING Magazine.
CHICAGO—Despite a slowdown in sales in the second half of 2022 due to dislocation in the debt markets, hotel investors have kicked off 2023 with record sales for assets in growing and desirable markets, according to JLL’s Hotels & Hospitality Group. A recent example of these transactions includes the sale of the Diplomat Beach Resort in Hollywood, Florida, which was the third-largest single-asset sale in U.S. history. In addition, the recent closing of the AC […]
The post JLL: Hotel Investors Start 2023 With Record Sales appeared first on LODGING Magazine.
SAN DIEGO—Solonis announced a partnership with Outrigger Hospitality Group. Outrigger has selected Solonis to deliver its property management system and guest engagement technologies to its portfolio of 16 Hawaii Vacation Condo properties across Hawaii. Outrigger’s global footprint includes beach resort and hotel properties throughout the Hawaiian Islands, Asia-Pacific, and Indian Ocean, including destinations in Fiji, Mauritius, Thailand, and the Maldives. In addition to its guest experiences, Outrigger Hospitality Group has been known for hospitality development. […]
The post Solonis Announces a Partnership With Outrigger Hospitality Group appeared first on LODGING Magazine.
Virgin Hotels Collection announced the appointment of Tim Wyman as vice president of development. In this role, Wyman will identify new business, including management and investment opportunities, for Virgin Hotels Collection. HEI Hotels & Resorts announced that Cindy Murphy has been named regional vice president of operations. Prior to joining HEI, Murphy was vice president of operations and head of the Sonesta Select brand for Sonesta Hotels. Palmer House, a Hilton Hotel, announced the appointment […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
IHG Hotels & Resorts debuted its newest brand in its Luxury & Lifestyle portfolio, the Vignette Collection, in the Americas with the opening of Yours Truly DC. Vignette Collection consists of hotels connected by a shared vision that travel can benefit local people and places. The property is located within Washington, D.C.’s Dupont Circle. Claire Bennett, global chief customer officer for IHG Hotels & Resorts, commented, “We committed to bring Vignette Collection to the American […]
The post IHG’s Vignette Collection Debuts in the Americas With Yours Truly DC appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 16.4 percent in January to a level of 5,685. “Hotel stocks rebounded sharply in January and were significant outperformers as the back-and-forth recessionary concerns once again subsided to start the year,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Industry-wide RevPAR trends finished the year on a strong note despite tougher calendar comparisons and weather-related travel disruptions in December. Several Hotel REITs provided […]
The post Baird/STR Hotel Stock Index Jumped in January 2023 appeared first on LODGING Magazine.
In December, a 52-foot high cylindrical aquarium, the largest of its kind, burst—sending millions of gallons of water flooding into the lobby of Berlin’s Radisson Blu hotel. It left 1,500 tropical fish dead, two guests injured, and devastating damage. The scene proved irresistible to international media that streamed the images almost instantly across nearly every media outlet from BBC to CNN. The visuals portrayed the empty, damaged tank with water pouring into the lobby and […]
The post Are You Ready? How to Protect Your Hotel Before a Crisis Hits appeared first on LODGING Magazine.
HOT SPRINGS, Arkansas—Denver-based 5 Senses Hospitality announced its investment in The Waters Hotel, Tapestry Collection by Hilton. 5 Senses Hospitality has been managing the property since early 2022. “Since we first became involved, we have been continuously impressed with the hotel, its leadership, and the support of the surrounding communities,” said Chris Manley, founder and president of 5 Senses Hospitality. “We are very fortunate to have made a meaningful investment in this award-winning property.” Located […]
The post 5 Senses Hospitality Invests in The Waters Hotel, Tapestry Collection by Hilton appeared first on LODGING Magazine.
NEW YORK—UJA Federation will host its annual Hospitality Division reception following the NYU International Hospitality Industry Investment Conference on Tuesday, June 6, 2023, at the New York Marriott Marquis. The reception will honor Mit Shah, CEO of Noble Investment Group, in recognition of his professional and philanthropic achievements. The event will raise vital funds to support UJA-Federation of New York’s efforts to help those in crisis throughout the world. “We are so pleased to honor […]
The post UJA Federation Reception to Honor Mit Shah With Achievement Recognition Award appeared first on LODGING Magazine.
HEI Hotels & Resorts announced it has assumed management of the 270-room Hyatt Regency Boston Harbor Hotel in Boston, Massachusetts. The Hyatt Regency, owned by Pebblebrook Hotel Trust, is located near Logan International Airport. Situated along the Boston Harbor waterfront, the hotel overlooks the harbor. In addition to proximity to Logan Airport, the hotel has access to downtown Boston and the Seaport District via water taxis and major highways. “Expanding HEI’s footprint in major metropolitan […]
The post HEI Hotels & Resorts Assumes Management of Hyatt Regency Boston Harbor appeared first on LODGING Magazine.
Just four years after arriving in the United States from India with their parents, brothers Rinkesh and Mitesh (Matt) Patel purchased their first hotel—the Days Inn in Phenix City, Alabama—operating the property under RAM Hotels. Over the past two decades, the co-founders grew their portfolio of owned and managed hotels to encompass 26 Marriott-, Hilton-, and IHG-branded properties in Georgia and Alabama. Today, Rinkesh and Matt, who are CEO and COO of RAM Hotels, respectively, […]
The post RAM Hotels Sets Sights on Growth, Appoints Jonathan D. Bogatay President appeared first on LODGING Magazine.
WEST LAFAYETTE, Indiana—The Dean and Barbara White Family Foundation has committed $50 million to Purdue University to name the undergraduate institute in the Mitchell E. Daniels, Jr. School of Business. This commitment represents the lead gift to establish the school and the largest monetary contribution ever made to Purdue’s School of Management/Business. The initiative to relaunch the School of Business, which began while Daniels was university president, will continue to be championed by new President […]
The post White Family Foundation Commits $50 Million to Purdue University’s New School of Business appeared first on LODGING Magazine.
GWINNETT COUNTY, Georgia — The Westin Atlanta Gwinnett, located on the campus of the Gas South District near Duluth, Georgia, celebrated its official topping off. The 11-story, 348-room hotel is on track to open in the spring of 2024. With 12 event rooms totaling more than 27,000 square feet, the Westin Atlanta Gwinnett will serve as a venue for social and corporate events. The property’s catering team will leverage planning expertise and customize menus, including […]
The post The Westin Atlanta Gwinnett Marks Development Milestone appeared first on LODGING Magazine.
SACRAMENTO, California—Twenty Four Seven Hotels announced the opening of the 128-room Hyatt House Sacramento/Midtown. The adaptive reuse project, owned and developed by Hume Development, Inc., repurposed the former Eastern Star Hall, which is located in Sacramento’s art, music, and cultural scene. “The Hyatt House Sacramento/Midtown is the perfect marriage of the classic and the contemporary, providing the latest amenities and services in a setting that draws heavily from its nearly century-old history to provide a […]
The post Twenty Four Seven Hotels Announces Opening of Hyatt House Sacramento/Midtown appeared first on LODGING Magazine.
When Remington Hotels acquired Chesapeake Hospitality in April, the company gained more than a portfolio of premium branded properties, many of which were in major Midwest markets. Just as importantly, the company also bolstered its leadership team with Chesapeake CEO Chris Green, who was recently tapped to take the reins of the Dallas-based operator. After successfully overseeing the integration of Chesapeake’s hotels into the Remington portfolio, Green—who was with Chesapeake Hospitality for some 16 years—was […]
The post Remington Goes ‘Green,’ Elevating Former Chesapeake Chieftain to President appeared first on LODGING Magazine.
ATLANTA—The Hunter Hotel Investment Conference, Noble Investment Group, and Cecil B. Day School of Hospitality Administration, Georgia State University announced Geoff Ballotti, President and CEO of Wyndham Hotels & Resorts, will join Mit Shah, CEO of Noble, for the ninth annual Bharat Shah Leadership Speaker Series. Starting his professional journey as a dishwasher, Geoff Ballotti is now CEO of Wyndham with 24 brands, over 6,000 owners, and more than 9,100 hotels across 95 countries. His […]
The post Geoff Ballotti to Participate in Bharat Shah Speaker Series at 2023 Hunter Hotel Investment Conference appeared first on LODGING Magazine.
SAN ANTONIO, Texas—White Lodging announced the renaming of its new Autograph Collection hotel in San Antonio, Texas, formerly known as The Otis Hotel. The new name, the Plaza San Antonio Hotel & Spa, Autograph Collection, is a nod to the area’s roots and the hotel’s past identifiers. The 253-room hotel has had “plaza” in its name since it first opened in 1979 as the Plaza Nacional. The hotel and spa are slated to open Summer […]
The post White Lodging Renames New Autograph Collection Hotel to Plaza San Antonio Hotel & Spa appeared first on LODGING Magazine.
NEW YORK, NEW YORK—Preferred Hotels & Resorts welcomed six new member properties to its portfolio between October 1 and December 31, 2022. Ranging from an Italian wellness location in the village of Brufa to a 17th-century manor on the Celtic Sea in Ireland, the additions offer experiences for adventures in 2023 and beyond. The properties include: Borgobrufa SPA Resort (Umbria, Italy)—L.V.X. Collection Borgobrufa SPA Resort presents a wellness location in the Italian countryside. The property […]
The post Preferred Hotels & Resorts Welcomes Six New Member Properties appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Total U.S. hotel revenues, profits, and labor costs reached an all-time high, according to STR‘s P&L data for 2022. With more supply in the market, the key profitability metrics each came in lower than their pre-pandemic comparable on a per-available-room basis. U.S. Hotel Performance 2022 Estimated Totals Revenue: $239.7 billionGOP: $101.3 billionEBITDA: $74.8 billionLabor: $70.9 billion 2022 Per-Available-Room Metrics, Percentage change from 2019 GOPPAR: $73.70 (down 5.5 percent)TRevPAR: $202.23 (down 4.3 percent)EBITDA PAR: $52.20 […]
The post STR: P&L Data for 2022 Shows All-Time Highs in Three Metrics appeared first on LODGING Magazine.
voco hotels, IHG Hotels & Resorts’ fastest-growing premium brand, has debuted in the Windy City with the opening of the dual-branded voco Chicago Downtown and Holiday Inn Chicago Downtown – Wolf Point. Formerly a solo Holiday Inn property, the new joint hotel occupies 10 floors of the historic Wolf Point building in the River North district. Murphy Real Estate Services, a division of Chicago-based Murphy Development Group, has renovated the ground-floor lobby and 15th-floor public […]
The post Pairing an Up-and-Coming Brand With a Classic appeared first on LODGING Magazine.
According to Tim Hentschel, co-founder and CEO of the travel technology company HotelPlanner, most of the hotels in Glendale, Arizona, where Super Bowl LVII will be held on February 12, are full. In fact, the Holiday Inn closest to the stadium has been completely sold out since last year—and at room rates two or three times as much as guests could otherwise expect to pay during high season for the Phoenix area. Hentschel notes that […]
The post The Super Bowl Effect: Impact of Big Events on Room Rates in the Sun Belt appeared first on LODGING Magazine.
In August 2022, the Omni Austin Hotel Downtown completed a $22 million renovation that included its guestrooms, meeting space, and an atrium lobby that dated from the 1980s. The project also introduced Capital A, a 2,950-square-foot restaurant and lobby bar that features both a private dining room and communal tables, seating up to 62. Omni Hotels & Resorts contracted Jeffrey Beers International (JBI) to create an intimate, inviting ambiance within the vast lobby space, and […]
The post Re-envisioning a Restaurant Space: Capital A at the Omni Austin Hotel Downtown appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its fourth quarter and full-year 2022 results. Highlights include:
The post Hilton Reports Q4 2022 Results appeared first on LODGING Magazine.
U.S. Hotel Performance January 29 through February 4, 2023Percentage change from comparable week in 2019 Occupancy: 55.3 percent (down 7.3 percent)ADR: $145.35 (up 13.9 percent)RevPAR: $80.45 (up 5.6 percent) HENDERSONVILLE, Tennessee—U.S. hotel performance fell slightly from the previous week, according to STR’s latest data through February 4, 2023. While none of the Top 25 Markets saw an occupancy increase over 2019, Las Vegas came closest to its 2019 comparable (down 1.4 percent to 78.2 percent). […]
The post STR: Overall U.S. Weekly Hotel Performance Falls Slightly appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland announced that the Phoenix, Arizona market led the U.S. meetings and events industry by volume for January. Second place went to Orlando, with Washington, D.C. taking third. The leading industry driver for meetings was technology across four of the top five markets. Knowland’s data provides insights into what markets and drivers are leading the industry each month to shift market share and build sales bases. This data is a subset of Knowland’s pipeline […]
The post Knowland: January 2023 Meetings and Events Volume Led by Phoenix appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers spoke after the House passage of H.R.185. This legislation would end the Centers for Disease Control and Prevention COVID-19 vaccination requirements for international visitors to the United States. “International travelers are key to recovery for hotels. They stay longer and spend more money. These travelers are visiting destinations where the pandemic hit hotels the hardest, like major cities. AHLA applauds the House for working […]
The post AHLA’s Chip Rogers Makes Statement on International COVID Vaccination Travel Requirement appeared first on LODGING Magazine.
In this special report, LODGING Editor-in-Chief Dennis Nessler catches up with AHLA President and CEO Chip Rogers to discuss the issue of human trafficking as the Super Bowl approaches. Rogers emphasizes the importance of increasing awareness, employee training and a recent fund generated for survivors, all aimed at helping the industry take the lead on fighting human trafficking throughout the U.S.
The post SPECIAL REPORT with Chip Rogers appeared first on LODGING Magazine.
SAN FRANCISCO—Kimpton Hotels & Restaurants announced the rollout of its Stay Human experience packages at select hotels globally. As part of the offering, Kimpton also introduces its Stay Human Concierges to help plan tailored trips based on guests’ preferences. Kimpton’s Stay Human packages have been informed by insights from the brand’s recent global consumer survey, which found that 85 percent of respondents want travel brands to do more to feature inclusive and diverse experiences that […]
The post Kimpton Hotels & Restaurants Rolls Out Stay Human Concierges appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Phoenix’s hotel revenue per available room (RevPAR) is forecasted to reach $419 for February 10-12, which would be the second-highest level for a Super Bowl weekend, according to STR. The market, also hosting the Phoenix Open this week, is projected for Friday through Sunday night occupancy of 94 percent and an average daily rate (ADR) of $445. Even with 11.7 percent more supply in the market, a volume of demand is forecasted to push […]
The post STR: Phoenix RevPAR to Reach Second-Highest Super Bowl Weekend Level appeared first on LODGING Magazine.
DENVER—Sage Hospitality Group announced the recent addition of The Pierside Hotel (The Pierside) in Santa Monica, California, to the company’s portfolio of more than 110 hotels, restaurants, and entertainment venues in 14 states. The Pierside joins the Sage Independent Hotel Collection, bringing the number of fully independent, lifestyle hotels that Sage operates to 18. “The Pierside Hotel is the eleventh property added to our independent portfolio in less than two years, which certainly reaffirms our […]
The post Sage Hospitality Group Adds The Pierside Hotel to Its Portfolio appeared first on LODGING Magazine.
My Place Hotels of America has added Jeff Thomas as vice president of marketing and Bruce Sneller as vice president of leadership development to its executive team to bolster its support for franchisees through additional investments. Graduate Hotels announced the appointment of Andrea Melotti as executive vice president of operations for the brand. Melotti will drive strategic support and operational success across Graduate Hotels’ more than 30 hotels across the United States and the United […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Naples Hotel Group has acquired the management contract for the DoubleTree by Hilton in Gainesville, Florida. Naples Hotel Group has a growing presence in Florida with a total portfolio of 20 hotels and restaurants. The Gainesville hotel has 205 guestrooms, a resort-style outdoor pool, and a courtyard space. The property has food and beverage outlets including Bar 352, Made Market Pantry, and The Rise, which serves breakfast. The DoubleTree by Hilton also has 2,450 square […]
The post Naples Hotel Group Acquires Management for DoubleTree by Hilton in Gainesville, Florida appeared first on LODGING Magazine.
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged $50 million of construction financing for Phase I of the Lionsback Resort in Moab, Utah, a 175-acre development located adjacent to Canyonlands and Arches National Park in eastern Utah. Proceeds from this fixed-rate, non-recourse construction loan will be used to complete the Phase I onsite infrastructure improvements and vertical construction of the initial 34 single-family homes, as well as the horizontal infrastructure of Phase II. To be built over […]
The post Sonnenblick-Eichner Company Arranges Construction Loan for Lionsback Resort appeared first on LODGING Magazine.
LONDON—Miami and Qatar led the major global markets in hotel profit recovery for 2022, according to STR‘s full-year P&L data release. Both markets’ gross operating profit per available room (GOPPAR) surpassed 2019 levels, with the metric reaching 155 percent of the 2019 comparable in Miami. Helped by the World Cup, Qatar’s GOPPAR indexed at 152 percent. Qatar is designated as a market in STR’s database due to its size and composition. Noted below are the […]
The post STR: Miami and Qatar Led Hotel Profit Recovery in 2022 appeared first on LODGING Magazine.
BWH Hotel Group continues to boost its global presence in large part on the strength of its WorldHotels Collection. The luxury soft brand recently added 13 new properties and entered Canada for the first time. The 51-year-old WorldHotels Collection—which includes more than 170 locations globally—was acquired by BWH Hotel Group in 2019 to give the company an offering at the high end of the market. The company has since earmarked North America as a key […]
The post WorldHotels ‘Crafts’ Continued Growth With Eye On North America appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton has named Katherine Lugar as executive vice president of corporate affairs, effective April 2023. She most recently served as CEO of the American Beverage Association (ABA) and prior to ABA was the president and CEO of the American Hotel & Lodging Association (AHLA). Hilton’s corporate affairs department includes communications, government affairs, and ESG functions globally for the company. Lugar will report to Christopher J. Nassetta, president and CEO of Hilton, and serve as […]
The post Hilton Names Katherine Lugar Executive Vice President of Corporate Affairs appeared first on LODGING Magazine.
DALLAS—Visual Matrix expanded the number of cloud-supported hotels on its platform by more than 80 percent in 2022 in addition to the adoption of its product suite, including the expansion of its solutions across Prestige Hotels & Resorts’ portfolio of 15 hotels and resorts. Many of Prestige’s properties are part of the WorldHotels Collection owned by Best Western; Visual Matrix is a provider of property management systems, with more than 1,600 Best Western properties worldwide […]
The post Visual Matrix Expanded Number of Hotels on Platform During 2022 appeared first on LODGING Magazine.
Thom Geshay, chief executive officer and president of Davidson Hospitality Group, took a job as a bellman at a Holiday Inn in Asheville, North Carolina, the summer before entering college, strictly “for beer money,” he recalls. Geshay went on to study engineering, but says he found his passion and gained his real professional education while undertaking many essential entry-level hospitality roles en route to the highest leadership positions that have capped his more than three […]
The post The Accidental Hotelier: Davidson CEO Thom Geshay on Lessons Learned During His Unlikely Path to the C-Suite appeared first on LODGING Magazine.
DALLAS—Heightened market volatility amid higher interest rates continued to slow commercial real estate lending activity in the final quarter of 2022, according to the latest research from CBRE. The CBRE Lending Momentum Index, which tracks the pace of CBRE-originated commercial loan closings in the United States, declined by 15 percent from the third quarter of 2022 and 27 percent year-over-year. The index closed Q4 2022 at a value of 305. “The Federal Reserve’s commitment to […]
The post CBRE: Commercial Real Estate Lending Activity Slowed in Q4 2022 appeared first on LODGING Magazine.
AMSTERDAM—PPDS announced the launch of a new range of full-size and full-color “zero power” Philips Tableaux advanced color ePaper (ACeP) signage displays. Each is capable of delivering 24/7 content while running unplugged and without using a kilowatt of electricity. These Philips Tableaux displays from PPDS mark the introduction of a new product category into its portfolio of professional displays, (including digital signage, interactive displays, direct view LED, and professional TVs). Part of a focus on […]
The post PPDS Announces Launch of Philips Tableaux appeared first on LODGING Magazine.
Standard cable television and WiFi are no longer enough when it comes to meeting guests’ expectations for in-room entertainment. Typically arriving with numerous devices including laptops, tablets, and, of course, smartphones, many guests want the sophisticated digital entertainment experience they enjoy at home to continue in their hotel rooms. That offering can be a differentiator, leading guests to choose one property over another. Discussing this evolution in guests’ preferences are Kimberly Twiggs, assistant vice president, […]
The post ‘Homestyle’ In-Room Media: Replicating the Options Hotel Guests Enjoy in Their Daily Lives appeared first on LODGING Magazine.
MIAMI, Fla. — Over the past two years, 36 alumni from the Cornell University Nolan School of Hotel Administration have come together to develop and fund a program designed to attract more disadvantaged and underrepresented Black students to study hospitality and tourism. This Cornell alumni group calls itself DREAM (Dedicated Recruitment for Hospitality Educational Equity, and Mentorship), and has initially raised $130,000 to seed AHED, led by the Chaplin School of Hospitality & Tourism Management […]
The post The Alliance for Hospitality Equity and Diversity and Cornell Hotel School Alumni Join Forces to Diversify Industry Leadership appeared first on LODGING Magazine.
IRVINE, Calif. — Adding to its growing portfolio of premier resorts and hotels, KSL Resorts has taken over the day-to-day management of five independent, boutique hotels—Avila Lighthouse Suites in Avila Beach, Pismo Lighthouse Suites and Shore Cliff Hotel in Pismo Beach, and Paso Robles Inn and The Piccolo in Paso Robles—all situated in San Luis Obispo County, along California’s Central Coast. Previously operated by Martin Resorts, the five properties add 346 rooms to KSL Resorts’ […]
The post KSL Resorts Adds Five Hotels on California Coast appeared first on LODGING Magazine.
Since its formation in 2018, Sandpiper Lodging Trust (SLT), a Richmond, Va.-based real estate investment trust, has been working toward establishing a national footprint of extended-stay hotels and building meaningful scale in the segment. As SLT’s President and CEO Carter Rise tells LODGING, “We intend to build a ‘best-in-class’ platform of extended-stay assets that will consistently provide strong cash flows and ultimately very solid capital appreciation.” Starting with its initial acquisition of nine WoodSpring Suites […]
The post Resilient Asset Class: Sandpiper Lodging Trust Grows Extended Stay Footprint appeared first on LODGING Magazine.
Kevin Jacobs, CFO and president of global development, Hilton, recently assumed the role of AHLA’s 2023 board vice chair after serving as secretary/treasurer during 2022. Jacobs has spent nearly 30 years in the lodging industry, the last 15 of which have been with Hilton. LODGING checked in with Jacobs recently to discuss some of the top priorities for the association, the trajectory of his career, and his outlook on the industry going forward. What attracted […]
The post Supporting Role: AHLA’s 2023 Vice Chair Kevin Jacobs to Help Move Strategic Plan Forward appeared first on LODGING Magazine.
Hoteliers strive to provide memorable guest experiences. While that means clean rooms, an aesthetically pleasing environment, great amenities, and courteous staff, hoteliers must dig deeper into proactively creating and maintaining a safe and secure environment. Liability issues are a major concern for hoteliers. To avoid liability claims caused by negligence, keeping employees and guests away and protected from potential hazards must be a top priority. When employees or guests suffer loss resulting from theft of […]
The post Hotel Security: Three Reasons Why Key Control Helps to Prevent Liability appeared first on LODGING Magazine.
ASHBURN, Virginia — Officials of DG Public Relations, LLC, today announced the death of company co-founder, David “Jerry” Daly on January 11, 2023, due to complications arising from aspiration pneumonia. While in graduate school at Boston University, Daly helped create the first Great American Smokeout, originally designed as a scholarship fundraiser for a local high school before he came up with the idea to get people to donate the price of a pack of cigarettes […]
The post Hospitality Industry Public Relations Leader David “Jerry” Daly Dies at 78 appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data for the week of January 22-28, 2023. U.S. hotel occupancy for the week of January 22-28, 2023, came in at 56.3 percent (0.3 percent below the week’s 2019 comparable), while average daily rate (ADR) reached $142.66 (up 13.4 percent over 2019) and revenue per available room (RevPAR) hit $80.32 (up 13.0 percent over 2019). Among the Top 25 Markets, Dallas reported […]
The post STR: Weekly U.S. Hotel Performance Improves appeared first on LODGING Magazine.
NEWTON, Massachusetts — Sonesta International Hotels Corporation announced it added 74 properties to its franchised portfolio during 2022. The new properties further expand Sonesta’s global presence and include more than 8,500 guestrooms. “Sonesta had significant success in 2022, growing our global footprint with new franchisee signings and hotel openings,” said Keith Pierce, Sonesta’s executive vice president, and the president of franchise and development at Sonesta. “Our franchise growth was driven by our expanded capabilities, our development of a rapid and […]
The post Sonesta Added 74 Franchised Hotels in 2022 appeared first on LODGING Magazine.
ASPEN, Colorado — Aspen Meadows Resort has unveiled a guest suite renovation that pays a primary color homage to the resort’s Bauhaus design roots. Blending nature, art, and authenticity on 40 acres of rolling meadows and beautiful groves in the West End of Aspen, the resort has carefully respected the work of original designer Herbert Bayer while also meeting the expectations of the modern-day traveler. The 98 all-suite property, located within walking distance of Aspen’s […]
The post Aspen Meadows Resort Reimagines Guest Suites appeared first on LODGING Magazine.
With an eye on “raising its brand to a more premium level,” global advisory firm Horwath HTL recently secured two accomplished industry brand veterans with the addition of Dorothy Dowling and Melissa Maher as managing directors. Dowling and Maher, as well as Horwath HTL Global Chairman John Fareed, sat down with LODGING during the recent ALIS (Americas Lodging Investment Summit) event to elaborate on their collective vision for the company’s future. Dowling—who will be opening […]
The post Leveraging Experience: Veterans Dowling, Maher Detail New Roles With Horwath During ALIS appeared first on LODGING Magazine.
Driven by a two-year-plus gap in large-scale meetings as the result of COVID-19 and changing work patterns, group and meeting business continues to evolve and gain momentum throughout the lodging industry. While a full recovery still appears to be a ways off for an industry that has relied largely on leisure business the last several years, there is evidence that better times are ahead for the group business segment, according to Benchmark Resorts & Hotels, […]
The post ‘Benchmarking’ Group Business Activity for 2023 and Beyond appeared first on LODGING Magazine.
CHICAGO — Hyatt Hotels Corporation today announced that the company completed its acquisition of the Dream Hotel Group lifestyle hotel brand and management platform, bringing a portfolio of lifestyle brands—including Dream Hotels, The Chatwal, and Unscripted Hotels—into the Hyatt portfolio. The asset-light acquisition includes 12 lifestyle hotels (nine managed and three licensed), with another 24 signed long-term management agreements for hotels expected to open in the future. Dream Hotel Group properties are known for their […]
The post Hyatt Completes Dream Hotel Group Acquisition appeared first on LODGING Magazine.
ORANJESTAD, Aruba — Hilton announced the opening of Embassy Suites by Hilton Aruba Resort, the 330-all-suite resort located between Eagle Beach and Bubali Bird Sanctuary. The opening marks the first Embassy Suites by Hilton property in Aruba and the second Hilton hotel on the island. “We are delighted to continue our expansion in the Caribbean with the opening of the newly built Embassy Suites by Hilton Aruba Resort,” said Jorge Giannattasio, senior vice president and […]
The post Embassy Suites by Hilton Debuts in Aruba appeared first on LODGING Magazine.
SAN FRANCISCO — Duetto, provider of revenue management software (RMS) for the hospitality industry, announced the results of its second annual Trends & Predictions Survey. The Duetto Outlook & Trends 2023 Survey has shown that business and corporate are the two segments most revenue teams will focus on for the year ahead. “We surveyed hoteliers and revenue professionals from around the world and talked with industry experts to get their outlook on what 2023 may […]
The post Duetto Survey: Groups and Corporate Main Focus for Hotel Revenue Teams in 2023 appeared first on LODGING Magazine.
Valor Hospitality Partners named Global Co-Founder and Chief Investment Officer Steve Cesinger as its new chief capital officer and Global Principal and Chief Financial Officer Brandon Hatfield as its chief investment officer and global principal. Cesinger will continue to build and nurture Valor’s strategic relationships across the world and develop further opportunities for its capital partners. Hatfield will focus on leading a global underwriting platform and will establish a team responsible for assisting Global Co-Founder […]
The post This Week’s Comings and Goings appeared first on LODGING Magazine.
Leslie D. Hale’s list of career accomplishments demonstrates clearly her impact on the lodging industry over the past couple decades, but that impact figures to grow as she takes over as chair of the board for AHLA. Hale made history by being named the first African-American woman to lead a public real estate investment trust in 2018 when she was put in the role of president/CEO of RLJ Lodging Trust. With a deep financial background—having […]
The post Paving the Way: AHLA’s 2023 Board Chair Leslie D. Hale Poised to Move Five-Year Strategic Plan Forward appeared first on LODGING Magazine.
Brett Mufson, president of Fontainebleau Development, a real estate development group specializing in large-scale lifestyle developments, recently added to his title “president and CEO of Fontainebleau Las Vegas,” one of the largest construction projects in the United States. Set to debut in the fourth quarter of 2023, the property is Fontainebleau’s first in Las Vegas and marks the brand’s western expansion. LODGING recently caught up with Mufson to learn how the project is progressing and […]
The post Fontainebleau Las Vegas: How One of the Country’s Largest Construction Projects Is Shaping Up appeared first on LODGING Magazine.
COSTA MESA, California—The Mogharebi Group (TMG) has arranged the sale of the Inn at Avila, a 32-room beachfront hotel property in the Central Coast city of Avila Beach, California, for $16.25 million. Ben Ketel, of TMG, represented the seller of the hospitality property that traded to a Los Angeles-based private investor. Built in 1965, the Inn at Avila Beach offers eight different suite types, ranging from modern spa rooms to the “owner’s suite.” The property […]
The post The Mogharebi Group Arranges Sale of the Inn at Avila appeared first on LODGING Magazine.
LANCASTER, California—Twenty Four Seven Hotels announced that it assumed operations of the 94-suite SpringHill Suites in Lancaster, California, on behalf of ownership, Ramji, LLC. “The addition of the SpringHill Suites Lancaster Palmdale caps off a fantastic 2022 for Twenty Four Seven Hotels, onboarding three, new properties in Q4 and bringing our total portfolio of managed hotels to twenty-five,” said David Wani, CEO, Twenty Four Seven Hotels. “Our pipeline remains full, and we look forward to […]
The post Twenty Four Seven Hotels Assumes Operations of SpringHill Suites in Lancaster, California appeared first on LODGING Magazine.
YORK, Pennsylvania—The Yorktowne Hotel, Tapestry Collection by Hilton, operated by GF Hotels & Resorts, recently announced the reopening of the 100-year-old hotel, marking the 100th Tapestry Collection by Hilton, a lifestyle hotel brand within Hilton’s portfolio. “Today marks the celebration of Tapestry Collection’s 100th hotel opening with The Yorktowne Hotel, an incredible milestone for Hilton’s lifestyle category. The category has grown impressively to more than 250 diverse and locally inspired hotels across five brands, with […]
The post Tapestry Collection by Hilton Celebrates 100th Hotel Opening: The Yorktowne Hotel appeared first on LODGING Magazine.
Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons forecast calls for a 5.9 percent RevPAR increase in 2023—up from CBRE’s previous forecast of a 5.6 percent increase. Propelling CBRE’s revised outlook for RevPAR is an expected 4.2 percent rise in ADR, driven in part by the continuation of above long-run average inflation. For 2023, CBRE is forecasting the Consumer Price Index in the United States to increase by […]
The post A Brighter Outlook: CBRE Forecasts Enhanced RevPAR Growth in 2023 Despite Economic Headwinds appeared first on LODGING Magazine.
NORWALK, Connecticut—Shatterproof recently honored Chris Nassetta, president and CEO, Hilton Hotels & Resorts, with the Shatterproof Hospitality Hero Award. He is the fifth recipient to receive the award. Nassetta has been an integral voice on the issue of addiction in the United States. Senior executives across the hotel industry united during the 2023 Americas Lodging Investment Summit (ALIS) in Los Angeles to commend Nassetta on his accomplishments. More than 60 hospitality companies raised more than […]
The post Event Coverage: Shatterproof Raises Over $2 Million During ‘Hospitality Heroes’ Reception appeared first on LODGING Magazine.
Hotel revenue managers face increasing expectations to drive outcomes through true data-based decision-making. The pandemic supercharged these expectations. Influencing outcomes requires process and intent beyond collecting data and making observations. Storytelling with insights can turn a tactical data keeper into a strategic revenue insight leader. Characteristics of Revenue Insight Leaders It takes more than collecting data to drive impact. These are the key qualities of revenue insight leaders: Curious—Insatiably curious to continually ask why this […]
The post Revenue Insight Leaders: Turning Data Into Compelling Stories appeared first on LODGING Magazine.
When Island Hospitality Management announced its promotions of Kate Bleakley to vice president of operations of its WaterWalk Division in December and then of Susanne LoFaso to regional director of operations in January, it was not at all unusual, says Gregg Forde, president and COO of this third-party management company for select-service and upscale, extended-stay hotels in the United States. He described for LODGING how company culture and targeted training at Island Hospitality stress the […]
The post Island Hospitality President and COO Gregg Forde on the Commitment to Promoting Women appeared first on LODGING Magazine.
SALT LAKE CITY, Utah — LivAway Suites, a new economy extended-stay concept, has arranged $85 million in debt financing through Keystone National Group for its first locations nationally. Following two years of market research and brand development planning, the concept has assembled sites in extended-stay markets across the United States that will break ground in 2023. “The economy extended stay segment performed incredibly well during the pandemic, yet most of the segment is run down […]
The post LivAway Suites Arranges Debt Financing for First National Locations appeared first on LODGING Magazine.
The hotel industry has always welcomed technological innovation, including smart TVs, mobile check-in, property management systems, and many other technologies and tools that were trailblazing when they were introduced. Here are five technological frontiers worth exploring for hoteliers looking to enhance the guest journey and experience: Metaverse Although still in its infancy, the Metaverse combines emerging technologies like augmented reality, virtual reality, and artificial intelligence to create a virtual space that businesses can use to […]
The post Five Trending Technologies: Hoteliers Can Find Creative Applications for These Advances appeared first on LODGING Magazine.
BOSTON—JLL’s Hotels & Hospitality Group announced that it has closed the sale of a portfolio of three recently renovated independent hotels totaling 169 keys in New England markets. JLL represented the seller, Wardman Group, in the sale. The portfolio was offered unencumbered by brand and management. The first property in the portfolio is the Ocean Gate Resort, a 65-key resort in Southport, Maine. The resort has recreational amenities, including an outdoor heated pool and hot […]
The post JLL’s Hotels & Hospitality Group Closes Sale of Three Hotel Portfolio appeared first on LODGING Magazine.
WASHINGTON—The AHLA Foundation announced its newly elected 2023 Board of Trustees, which includes senior leaders from across the hotel industry. Tom Bardenett, chief operating officer for RLJ Lodging Trust, will continue his role as the chairman of the board; Julienne Smith, chief development officer, Americas, at IHG Hotels and Resorts remains vice chair; and Anu Saxena, president and global head of Hilton Supply Management, will continue to serve as secretary and treasurer. “It is a […]
The post AHLA Foundation Announces 2023 Board of Trustees appeared first on LODGING Magazine.
MCLEAN, Virginia—Tru by Hilton announced the opening of its first property in Mexico and its second in the Caribbean and Latin America. Tru by Hilton Monterrey Fundidora is located near the city center of Fundidora, as well as attractions such as Arena Monterrey. The 120-room property is owned and managed by Hoteles BL De Mexico SA. “The opening of Tru by Hilton Monterrey Fundidora is a testament to the brand’s tremendous growth and its ability […]
The post Tru by Hilton Opens First Property in Mexico appeared first on LODGING Magazine.
ATLANTA—Peachtree Hospitality Management (PHM) has formed a long-term partnership with Savannah-based HOS Management (HOS) to operate nine of its hotels with the potential for additional locations to be managed in the future. The current HOS hotel properties are primarily in the U.S. Southeast and are Marriott, Hilton, and IHG-branded hotels. “We have a wealth of experience managing hotels and providing best-in-class operations for our valued partners like HOS Management, who have entrusted us with their […]
The post Peachtree Hospitality Management Forms Partnership With HOS Management appeared first on LODGING Magazine.
WASHINGTON—The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue, and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the Hotel Industry Report. The report, which forecasts that operational challenges such as staffing shortages and economic factors will replace COVID as hoteliers’ top concerns, is based on data and analysis from Oxford […]
The post AHLA: Hotel Industry Projected to Surpass Pre-Pandemic Levels in 2023 appeared first on LODGING Magazine.
BETHESDA, Maryland—Marriott International and Groups360 announced the launch of Instant Booking for Marriott’s portfolio of hotels in the United States and Canada. Marriott International has a direct integration with Groups360 to offer the “Instant Book” functionality for both guestrooms and meeting spaces at scale on GroupSync Marketplace, providing planners with a streamlined booking process. In the meetings and events landscape, many planners are currently challenged by the sourcing and contracting process, especially for smaller events. […]
The post Marriott Adds Groups360’s Instant Booking Across U.S. and Canadian Portfolio appeared first on LODGING Magazine.
Considering an Omicron start to the year, the rise of inflation, and concerns around a recession ahead, it is remarkable that the U.S. hotel industry wrapped up 2022 with RevPAR almost fully recovered in real terms. No matter the headwinds, U.S. consumers see travel as a birthright and continue to emphasize experiences with the pandemic now subsided. That has no doubt been key as the hotel industry once again displays its resilience. Nominal RevPAR (non-inflation […]
The post The Year of Recovery in Review: Nearly All Markets Approached, Matched, or Exceeded Pre-Pandemic RevPAR appeared first on LODGING Magazine.
CHICAGO—Cloud5 Communications announced the rollout of its Mitel Subscription offering. The Mitel Subscription offering allows hotels to experience a cloud-based PBX system. Through this offering, properties can tailor their telecommunications to the business needs and goals of their property through Cloud5-supported Mitel products and applications. This offering also allows hotels to select the commercial framework that works for the specific economic realities of their business. Customers can choose a CAPEX, OPEX, or a hybrid model. […]
The post Cloud5 Communications Rolls Out Mitel Subscription appeared first on LODGING Magazine.
Several hotel management, development, and brand executives touted the progress of women and minorities within the hotel ownership ranks over the last few years, while collectively acknowledging there is still room for further progress and growth. Speaking earlier this week at ALIS (Americas Lodging Investment Summit) on a panel discussion entitled “Forward @ ALIS: Advancing Women & Minorities In Hotel Ownership,” the panelists elaborated on some of the obstacles these groups have had to overcome. […]
The post ALIS Panel Helps Move Diverse Ownership Conversation ‘Forward’ appeared first on LODGING Magazine.
TORONTO—Four Seasons continued to expand its development pipeline with its offerings and ventures that grow the company’s business foundation and focus on the luxury segment. Four Seasons is investing in a commercial strategy, enhancing its ability to meet the growing demand for travel experiences. In October, the company appointed Alejandro Reynal as president and CEO, marking a new chapter for the company. “Since joining Four Seasons, I have seen firsthand the company’s clear competitive advantage: […]
The post Four Seasons Expands Development Pipeline, Invests in New Commercial Strategy appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced its 2023 officers, Board of Directors, and Executive Committee, which include leaders representing all hospitality industry segments. RLJ Lodging Trust President & CEO Leslie D. Hale was named chair of the board; Hilton Chief Financial Officer and President, Global Development Kevin Jacobs was named vice chair; Aimbridge Hospitality President and CEO Michael J. Deitemeyer joined as secretary/treasurer; and RLJ Lodging Trust Chief Operating Officer Tom Bardenett will […]
The post AHLA Announces 2023 Officers, Board of Directors, and Executive Committee appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—With the Martin Luther King Jr. holiday, U.S. hotel performance came in slightly lower than the previous week, according to STR’s latest data through January 21, 2023. U.S. Hotel Performance January 15-21, 2023 Percentage change from comparable week in 2019: Occupancy: 54.2 percent (down 6.2 percent) ADR: $140.16 (up 11.3 percent) RevPAR: $75.97 (up 4.4 percent) Among the Top 25 Markets, Tampa reported the highest increase over 2019 in each of the three key […]
The post STR: U.S. Hotel Performance Lowers From Previous Week appeared first on LODGING Magazine.
Stressing the need for immigration reform and a greater number of work visas, AHLA President/CEO Chip Rogers was keenly focused on the industry’s current labor challenge during an association update earlier this week at ALIS (Americas Lodging Investment Summit). During the update, Rogers urged hoteliers to get more involved in the process, particularly as it relates to reaching out to elected officials for change on behalf of the industry. “If we in the hotel industry—which […]
The post AHLA’s Rogers Calls for Immigration Reform, Increased Visas During ALIS Update appeared first on LODGING Magazine.
Horwath HTL announced two new managing directors: Dorothy Dowling and Melissa Maher. Dowling will support global hospitality industry clients with market strategies to help grow scale, revenue, and profitability, and Maher will work with hoteliers on actionable items to optimize their business offerings. CBRE announced Kelli Carhart has been appointed to the position of executive managing director of Multifamily Capital Markets for the United States. Carhart will oversee the expansion of CBRE’s multifamily business nationally […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released the quarterly update to its U.S. Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25) realizing strong performance ending 2022 and shifting 2023 higher than the Q3 forecast. Kristi White, chief product officer, Knowland, said. “The fourth quarter outperformed the Knowland forecast by 8.4 percent, driven by top market growth. Additionally, both November and December exceeded 2019 numbers. This is the first time this has happened since the […]
The post Knowland: Q4 2022 U.S. Meetings Volume Outperforms Forecast appeared first on LODGING Magazine.
CHICAGO—As the world continues to find a new normal post-COVID, consumers have placed heightened importance on travel and experiences, which has accelerated lodging demand and resulted in RevPAR reaching or exceeding 2019 levels in some markets. According to JLL Hotels & Hospitality Group’s latest Global Hotels Investment Outlook, even with global inflation and geopolitical tensions, the industry should expect to see investors deploying capital across a range of lodging verticals to capture an increased share […]
The post JLL: Global Report Highlights Trends in Hotel Investment appeared first on LODGING Magazine.
As reported in the fourth quarter U.S. Construction Pipeline Trend Report from Lodging Econometrics (LE) for 2022, the franchise companies with the largest construction pipelines at the end of Q4 were led by Marriott International with 1,490 projects/180,113 rooms. Following Marriott was Hilton Worldwide with 1,378 projects/154,790 rooms and IHG Hotels & Resorts with 789 projects/78,951 rooms. Combined, these three companies accounted for 67 percent of the projects and 64 percent of the rooms in […]
The post Lodging Econometrics: Marriott Led U.S. Construction Pipeline in Q4 2022 appeared first on LODGING Magazine.
ATLANTA—Kalibri Labs announced the appointment of three new members of its executive team that will contribute expertise in innovation, customer service, and growth as the company pursues data-driven solutions to help hoteliers improve profits. Leadership additions include: Chief Operating Officer Del Ross Chief Financial Officer Dennis Shaw Chief Technology Officer Chris Wood “We are working to support the industry by developing the emerging discipline of commercial strategy to enhance our client’s proactive pursuit of higher […]
The post Kalibri Labs Announces Appointment of Three Executive Team Members appeared first on LODGING Magazine.
HEI Hotels & Resorts continues to expand its portfolio, which includes select- and focused-service hotels. Following joint-venture acquisitions of three select-service hotels over the past eight months, HEI’s portfolio of managed select-and focused-service hotels has increased to 16 properties across the country, accounting for more than 15 percent of its managed portfolio. This recent announcement is one of many by HEI Hotels & Resorts, which now has a portfolio of 100+ properties across the United […]
The post HEI Hotels & Resorts Portfolio Includes Over 100 U.S. Properties appeared first on LODGING Magazine.
LONDON—Among the global regions, Asia saw the only decline in revenue per available room (RevPAR) from 2019, according to 2022 data from STR. “While most global regions were impacted by omicron in early 2022, top-line performance recovery made big waves in the latter half of the year,” said Robin Rossmann, STR’s managing director. “The industry’s resilience has been underpinned by significant pent-up leisure travel over the summer along with the return of corporate demand, as […]
The post STR: RevPAR Recovered in Most Regions During 2022 appeared first on LODGING Magazine.
Hotelbeds collaborated with The Leading Hotels of the World (LHW), expanding its luxury collection across the group’s more than 400 properties. The preferred vendor agreement gives Hotelbeds’ clients access to a luxury portfolio that offers properties in more than 80 countries around the world. In turn, the agreement opens up Hotelbeds’ 195-country distribution system to LHW’s hotels providing the ability to ensure rate parity across all of its channels. “This new agreement opens up The […]
The post Hotelbeds Announces Collaboration With The Leading Hotels of the World appeared first on LODGING Magazine.
According to the fourth quarter United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the U.S. market with the largest hotel construction pipeline by projects was Dallas with a record high count of 176 projects, accounting for 20,790 rooms. Following Dallas was Atlanta with 145 projects/18,100 rooms; Los Angeles with 122 projects/19,419 rooms; Phoenix with 116 projects/16,229 rooms; and Nashville with 106 projects/14,198 rooms. U.S. markets with the most projects currently under construction are […]
The post Lodging Econometrics: Dallas Leads the U.S. Construction Pipeline appeared first on LODGING Magazine.
Despite the potential of a looming recession, RevPAR is expected to continue to grow for U.S. hotels in 2023, albeit more modestly than in 2022, according to the latest STR forecast released during ALIS (Americas Lodging Investment Summit). In a session entitled, “The Numbers What To Expect In 2023 & Beyond,” a host of research analysts expressed muted optimism for the remainder of the year as well as expectations for increased growth in the years […]
The post Gaining Momentum: ALIS Panel Projects Continued Gains Despite Economic Headwinds appeared first on LODGING Magazine.
WASHINGTON—The AHLA Foundation announced a $500,000 donation from IHG Hotels & Resorts to support the No Room for Trafficking (NRFT) Survivor Fund as part of the hotel industry’s united commitment to combat human trafficking. With this donation, the Survivor Fund will build upon the industry’s ongoing commitment and work to end human trafficking and support the economic stability of human trafficking survivors. By funding community-based organizations, the NRFT Survivor Fund supports survivors’ immediate needs and long-term […]
The post IHG Donation Supports AHLA Foundation No Room for Trafficking Survivor Fund appeared first on LODGING Magazine.
LOS ANGELES—STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast at the 2023 Americas Lodging Investment Summit (ALIS) in Los Angeles, California. Additionally, a subsequent downward adjustment was made for 2024. The occupancy projection for this year was lower than the previous forecast by 0.1 percent while projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 0.5 percent and 0.3 percent, respectively. For 2024, a […]
The post Event Coverage: STR, TE Upgrade 2023 U.S. Hotel Forecast With Adjusted Projections appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation shared that the company is positioned for continued growth in 2023 with a pipeline of approximately 117,000 rooms worldwide as of year-end 2022. Nearly one in four pipeline properties is classified as a lifestyle hotel, representing 10 percent of the existing base of hotels. A driver of this growth is the announced acquisition of Dream Hotel Group’s lifestyle hotel brand and management platform, which is expected to bring established lifestyle hotel brands—including […]
The post Hyatt Shares Company’s Continued Growth Path for 2023 appeared first on LODGING Magazine.
LOS ANGELES—Aimbridge Hospitality released the Aimbridge Accelerates Report, with a look back at 2022 and a look at what’s to come this year during the 2023 Americas Lodging Investment Summit (ALIS) at the JW Marriott Los Angeles L.A. LIVE in Los Angeles, California. Aimbridge Accelerates recaps the events of 2022, including: The conversion to six vertical and geographically focused operating divisions intended to refocus industry expertise and deploy resources to better serve owners. Evolution of […]
The post Event Coverage: Aimbridge Hospitality Report Recaps 2022 and Shows Future Growth appeared first on LODGING Magazine.
PHOENIX—BWH Hotel Group is expanding its upscale boutique brand, Aiden, as the brand is set to grow by over 200 percent in the years ahead with the portfolio doubling in 2023 alone. The brand’s growth includes the upcoming launch of Aiden in India and the launch of Aiden in Scandinavia, where 30 new hotels have been added to the portfolio, each of which offers hologram concierge service. Aiden offers guests access to boutique, resort, and […]
The post Event Coverage: BWH Hotel Group to Double Aiden Brand Portfolio in 2023 appeared first on LODGING Magazine.
BOISE, Idaho—Eric Danziger announced Braintree Hospitality will be rebranded as Resolute Road Hospitality and expand into national third-party management services. Resolute Road Hospitality’s current portfolio encompasses 15 properties totaling 1,732 guestrooms with a robust growth pipeline. “What makes us different at Resolute Road Hospitality is our commitment to the owner. We offer the focus, attention, accessibility, and transparency that owners are entitled to but so often forego. The industry has changed dramatically in recent years, […]
The post Event Coverage: Braintree Hospitality to Rebrand as Resolute Road Hospitality appeared first on LODGING Magazine.
LOS ANGELES—The AHLA Foundation raised a record $1.2 million at its fifth annual gala to celebrate winners and up-and-coming hospitality leaders while raising funds to support AHLA Foundation programs that are helping the industry recruit and retain tomorrow’s leaders. Each year, the Night of a Thousand Stars gala celebrates property-level talent that makes the industry so different. Throughout the evening, industry leaders commemorated the 2023 Stars of the Industry Award winners and the individuals that […]
The post AHLA Foundation’s Night of a Thousand Stars Gala Raises Record Amount appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts is prepped for continued expansion in 2023, following a year that saw the company grow across the globe. “Last year was an incredible year for the travel industry and for Wyndham,” said Geoff Ballotti, president and CEO, Wyndham Hotels & Resorts. “Amid the backdrop of the industry’s continued recovery, hoteliers across the world turned to Wyndham and our brands to help them elevate their portfolios and drive their businesses […]
The post Wyndham Hotels & Resorts Plans Continued Expansion in 2023 appeared first on LODGING Magazine.
BETHESDA, Maryland—At the Americas Lodging Investment Summit (ALIS 2023) in Los Angeles, Marriott International, Inc. announced that the company’s deal signings accelerated in 2022. The company signed an average of two deals per day for a total of 726 management and franchise agreements, an increase of 21 percent over 2021 signings, representing nearly 108,000 rooms. In addition, Marriott’s City Express transaction, announced in October 2022, is expected to add around 17,000 rooms. Conversions helped drive […]
The post Marriott International Reports Accelerated Deal Signings From 2022 appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced they added nearly 30 new third-party management contracts in 2022. “Owners are facing challenges today like never before and are looking to cycle-tested management companies like TPG to provide operational excellence and help increase overall profitability to maximize the values of their investments,” said Tim Muir, chief development officer, TPG Hotels & Resorts. “We are extremely bullish moving into 2023; we’re currently in numerous conversations with single-asset and […]
The post TPG Hotels & Resorts Added Nearly 30 Third-Party Management Contracts in 2022 appeared first on LODGING Magazine.
In the most recent Construction Pipeline Trend Report for the United States from Lodging Econometrics (LE), at the close of 2022’s fourth quarter, the U.S. construction pipeline stands at 5,465 projects/650,626 rooms, up 14 percent by projects and 12 percent rooms year-over-year (YOY). In Q4 2022, all stages of hotel construction in the United States experienced positive YOY growth. At the close of the quarter, there are 1,008 projects/135,492 rooms under construction, up 4 percent […]
The post Lodging Econometrics: U.S. Hotel Construction Pipeline Experienced Positive Growth in Q4 2022 appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—The U.S. hotel industry reported average daily rate (ADR) and revenue per available room (RevPAR) that were the highest for any year on record, according to 2022 data from STR. 2022 U.S. Hotel Performance Percentage change from 2019: Occupancy: 62.7 percent (down 4.9 percent) ADR: $148.83 (up 13.6 percent) RevPAR: $93.27 (up 8.1 percent) Despite climbing back above the 60 percent mark, the country’s occupancy level remained below the pre-pandemic comparable. Among the Top […]
The post STR: 2022 U.S. Hotel Performance Data Shows Highest ADR and RevPAR Year on Record appeared first on LODGING Magazine.
SCOTTSDALE, Arizona—DEI Advisors announced that Dorothy Dowling has joined the organization as principal. Dowling brings hospitality experience to the non-profit organization formed by David Kong, Rachel Humphrey, and Lan Elliott in 2022. Dowling’s hospitality industry experience spans over 40 years. She was most recently the chief marketing officer of Best Western Hotels & Resorts for 18 years and has also held senior leadership positions with other hospitality industry companies, including Wyndham (formerly Cendant), Forte Hotels, […]
The post Dorothy Dowling Joins DEI Advisors as Principal appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts celebrated forward momentum for voco hotels. With 10 new openings in 2022 bringing its global total to 41 hotels, and an additional 34 in the pipeline, voco hotels continues to extend its presence with more growth planned for 2023. Launched in 2018, voco hotels maintain the character and history of an independent hotel while being part of a global company. The brand’s growth in the Americas includes voco Chicago Downtown, voco […]
The post voco hotels Continues Portfolio Expansion Into 2023 appeared first on LODGING Magazine.
BETHESDA, Maryland—myDigitalOffice (MDO) has added InTouch Data to its suite of data and business intelligence solutions. Acquiring InTouch, an Australian-based decision intelligence solution, creates a path toward relationships with hotel operators and integration partners globally. The acquisition, for MDO: Strengthens its certified APIs, integrations, and relationships with solutions providers. Grows its hospitality intelligence portfolio to include global brands like Accor, Shangri-La Hotels and Resorts, and Jumeirah Hotels & Resorts. Accelerates expansion in the Middle East […]
The post myDigitalOffice Adds InTouch Data to Solutions Suite appeared first on LODGING Magazine.
CHICAGO—First Hospitality realized growth in 2022, increasing hotels under management by 25 percent. The company expanded into three new markets, bringing First Hospitality’s portfolio of branded and independent properties to over 50 hotels across 11 states. “One of the leading factors in the growth of our portfolio last year was the recognition from owners of First Hospitality’s ability to outperform the competition,” said David Duncan, president and CEO of First Hospitality. Duncan reported that the […]
The post First Hospitality Announces 2022 Growth, Increased Portfolio by 25 Percent appeared first on LODGING Magazine.
MIAMI BEACH, Florida—Designed by Morris Lapidus, Seacoast Suites, a 160-suite apart-hotel, has introduced the final phase of a series of property upgrades. Aiming to restore its original concept, the renovations underscore Seacoast Suite’s commitment to growing the on-property experience for business and leisure travelers. “Our focus was to take care of the needs of the modern traveler, whether that’s someone on a business trip or family vacation,” said Melissa Meruelo, owner of Seacoast Suites. “In […]
The post Seacoast Suites Introduces Final Renovation Phase appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance rose from the previous week and showed mixed comparisons against 2019, according to STR’s latest data through January 14, 2022. U.S. Hotel Performance January 8-14, 2023 Percentage change from comparable week in 2019: Occupancy: 54.8 percent (down 5.5 percent) ADR: $144.81 (up 15.7 percent) RevPAR: $79.38 (up 9.3 percent) While none of the Top 25 Markets reported an occupancy increase over 2019, Dallas came closest to its 2019 comparable (down 2.1 […]
The post STR: U.S. Hotel Performance Increases, Shows Mixed Comparisons to 2019 appeared first on LODGING Magazine.
PARIS—Accor today announced a new addition to the group’s network of brands: Handwritten Collection, a global portfolio of “charming bespoke hotels that offer an intimate and stylish hospitality experience.” Accor already has over 110 Handwritten leads globally totaling more than 11,500 rooms, including 12 secured signings, with five properties expected to debut throughout the first trimester of 2023. Handwritten Collection properties opening over the next several months include Hotel Shanghai Sheshan Oriental, Handwritten Collection in […]
The post Accor Launches Handwritten Collection With 12 Signed Hotels Globally appeared first on LODGING Magazine.
LODGING recently sat down with BWH Hotel Group CEO Larry Cuculic and Senior Vice President and Chief Development Officer Brad LeBlanc specifically to discuss the growth of its SureStay Hotel Group, which recently surpassed 400 properties globally and 250 hotels in North America. Both say the growth of what they call their “premium economy brand” is occurring “organically” based on SureStay’s selection of hotels with different features and amenities, which enables hoteliers to find the […]
The post SureStay-ing Power: BWH Hotel Group’s CEO and CDO on Passing the 400 Mark appeared first on LODGING Magazine.
In 2022, Radisson Hotel Group continued to drive forward its expansion plan with its portfolio of nine brands and its resort portfolio. Radisson Collection, the luxury lifestyle brand, had a year of openings in 2022, with the introduction of six new hotels in Bilbao, Pula, Tirana, Riyadh, Tallinn, and Istanbul. In 2023, the group is looking toward new additions, including Radisson Collection, Santa Sofia Milan, Radisson Collection Royal Astorija Hotel, Vilnius, Radisson Collection Resort, Galle […]
The post Radisson Hotel Group Drives Expansion Plan With Portfolio of Nine Brands appeared first on LODGING Magazine.
ATLANTA—The Hunter Hotel Investment Conference named Fred Cerrone, founder and chairman of Hotel Equities, with the 2023 Hunter Conference Award for Excellence and Inspiration. Each year, the award recognizes a hotelier who exemplifies exceptional leadership, citizenship, and innovation. From his start as a desk clerk at the Sheraton Boston hotel more than five decades ago to the founding of Hotel Equities, Cerrone has been a leader in the industry. “Fred’s dedication to our industry is […]
The post Hunter Hotel Investment Conference to Honor Fred Cerrone With Award appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—After 25 consecutive months of year-over-year declines, U.S. hotel construction increased slightly in December, according to pipeline data from STR. At a market level, New York City, Phoenix, and Dallas are set to see the largest supply percentage increases from current construction. Among the chain scales, the Luxury and Upscale segments lead in that measurement. U.S. Hotel Pipeline December 2022 Percentage change in comparison with December 2021: In Construction: 159,344 rooms (up 0.3 percent) […]
The post STR: U.S. Hotel Construction Pipeline Up for the First Time Since Late 2020 appeared first on LODGING Magazine.
Marcus Hotels & Resorts, a division of The Marcus Corporation, announced John Wise has been appointed to vice president of food and beverage. Wise will play a role in elevating the company’s restaurant, bar, and group catering programs. Accor announced Kamal Rhazali has been appointed as secretary general and general counsel of its Luxury & Lifestyle division. In his new role, Rhazali will assist in setting up the Luxury & Lifestyle division and defining its […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Hospitality management company Charlestowne Hotels is priming itself for portfolio-wide growth in 2023—but not indiscriminately. As the company’s CEO Kyle Hughey notes, “The word for ’23 is ‘thoughtful.’ We’re not looking to fit into a box or rushing to take on properties that aren’t aligned with what we do well. We want to make sure that both parties are successful—the management company and the owner.” To prepare the company for this thoughtful expansion, Charlestowne recently […]
The post Thoughtful Growth: Charlestowne Hotels Redefines Corporate Structure to Support Expansion Plans and Owners appeared first on LODGING Magazine.
COLUMBUS, Georgia—Rinkesh and Mitesh Patel, co-founders of RAM Hotels, announced the addition of Jonathan D. Bogatay, CHA, as president of the company, effective February 1, 2023. Bogatay will oversee RAM Hotels’ strategic, operational, tactical, financial, and cultural expectations. “Bringing Jonathan into the RAM Hotels team enables us to focus our energies on expanding strategic acquisitions and development beyond Georgia and Alabama. As we look for new opportunities throughout the southeast, Jonathan will focus on enhancing […]
The post RAM Hotels Appoints Jonathan D. Bogatay President appeared first on LODGING Magazine.
WASHINGTON—The AHLA Foundation is granting $370,000 to community-based organizations that help change the lives of opportunity youth—individuals between 16-24 who are out of school and looking for work—by preparing them for future hotel careers as part of the Empowering Youth Program (EYP). The initiative continues to bring together hotels and local community-based organizations to train opportunity youth and set them up for success for jobs in hospitality. Through existing and newly formed partnerships, the AHLA […]
The post AHLA Foundation Makes Donation to Opportunity Youth Assistance Organizations appeared first on LODGING Magazine.
DALLAS, Texas—Remington Hotels announced its management agreement for Crowne Plaza College Park – Washington, DC, which has a close relationship with the University of Maryland and is near the school’s main campus. Remington oversees the property’s operations, supporting on-property teams, including those responsible for operations, sales, and food and beverage. Remington will also assist the team in aligning the property to maximize revenue and profits. In addition to managing the property’s day-to-day operations, Remington will […]
The post Crowne Plaza College Park – Washington, DC, Names Remington Hotels Manager appeared first on LODGING Magazine.
RICHMOND, Virginia—Sandpiper Lodging Trust (SLT) announced that it completed the acquisition of five operating hotels from affiliates Sandpiper Hospitality III, LLC, and Sandpiper Hospitality IV, LLC, under the WoodSpring Suites brand. These five properties are located in White Marsh, Maryland; Greenbelt, Maryland; Virginia Beach, Virginia; and two in Baton Rouge, Louisiana. After this transaction, SLT owns 28 extended-stay hotel assets across nine states. The transaction was financed with a combination of borrowing under the company’s […]
The post Sandpiper Lodging Trust Completes Acquisition of Five WoodSpring Suites appeared first on LODGING Magazine.
Americans hurt when the economy can’t grow. And right now, businesses, communities, and families stand by the wayside awaiting real, impactful change while our economy suffers, and inflation rises. We at AHLA—along with most Americans—see an opportunity to grow the U.S. economy by addressing the labor shortage and expanding workforce opportunities for immigrants. There are more than 105,000 hotel jobs currently open across the United States and more than 1.6 million jobs waiting to be […]
The post A Timely Initiative: AHLA to Work With Congress to Drive Bipartisan Workforce and Immigration Solutions appeared first on LODGING Magazine.
HELSINKI & TYSONS, Virginia—Cvent and MeetingPackage announced a partnership to give Cvent customers the ability to book small meetings with hotels and venues that are leveraging MeetingPackage. The integration, which is expected to launch later this year, will allow Cvent Supplier Network customers to book participating MeetingPackage hotels and venues on the Cvent platform. The partnership delivers benefits on both sides of the meeting and event sales process: Event planners who leverage Cvent to source […]
The post Cvent and MeetingPackage Announce Partnership Launching Late 2023 appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. finalized an agreement with The Brittano Group, Inc. to develop a new member of the Ascend Hotel Collection in South Boston, Virginia: The Rook Hotels. This agreement marks the first Ascend hotel through the company’s emerging markets franchise development program in 2022 through Choice’s commitment to diversity in the hospitality industry. Expected in summer 2024, The Rook at South Boston, a four-story, 37-room property will have a rooftop bar, full-service […]
The post The Brittano Group to Develop New Ascend Hotel Collection Member appeared first on LODGING Magazine.
Paris 2024 and On Location launched a global e-commerce platform offering customizable Olympic Games Hospitality to the general public for the first time. Fans across the globe can access Paris 2024 hospitality packages at a consistent price, with packages including tickets to sporting sessions and additional options including hotels, transport, and hospitality experiences in the competition venues or in the city. The sale of hospitality packages for the Olympic Games has never been centralized via […]
The post Paris 2024 Olympic Games Hospitality Available to General Public appeared first on LODGING Magazine.
SAN DIEGO—The Guild Hotel, a landmark in San Diego’s downtown, announced a partnership with Be Saha Hospitality Group. The team behind San Diego concepts Wormwood, Botanica, and Tahona has taken over the food and beverage operations. Be Saha Hospitality will open a concept in the hotel’s courtyard (formerly Luca) in the spring of 2023 and will also reimagine the Guild Bar, garden, and lounge, as well as handle all onsite events and room service. Be […]
The post The Guild Hotel Partners With Be Saha Hospitality Group appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the expansion of its global development strategy to include The James brand as part of the Sonesta Franchise portfolio in the United States and in Latin America, offering franchisees a high-end lifestyle option in urban and resort destination markets. Currently, The James Nomad, New York (which has Scarpetta Restaurant and The Seville), is the prototype for future properties under its license agreement. Sonesta will reflag two of The Royal […]
The post Sonesta Expands Franchise Portfolio to Include The James appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index dropped 10 percent in December to a level of 4,885. For 2022 as a whole, the stock index was down 15 percent. “Hotel stocks ended a relatively strong year on a weak note as recessionary fears and slowing growth concerns were front and center for investors in December, which caused hotel stocks to underperform during the month,” said Michael Bellisario, senior hotel research analyst and director at […]
The post Baird/STR Hotel Stock Index Ended 2022 15 Percent Down appeared first on LODGING Magazine.
SEATTLE—Hilton announced the opening of the 319-room Hilton Motif Seattle. The hotel, formerly Motif Seattle, is located in the downtown area, offering a rooftop restaurant and bar and more than 36,000 square feet of meeting and event space. “We are delighted to welcome Hilton Motif Seattle to our portfolio and look forward to showcasing our signature hospitality to guests visiting the Emerald City, a bustling destination that thrives with industrial, commercial, and cultural activity,” said […]
The post Hilton Motif Seattle Opens appeared first on LODGING Magazine.
BOSTON—JLL Capital Markets announced today that it has closed the sale of Courtyard Boston South Boston, a 164-key select-service hotel in Boston, Massachusetts. JLL represented the seller, Hersha Hospitality Trust. Courtyard Boston South Boston opened in 2005 under the Courtyard by Marriott brand. The six-story hotel includes a fitness center, business center, guest laundry, sundry, and 625 square feet of meeting and event space. In addition, the hotel has an on-site restaurant serving breakfast and […]
The post JLL Capital Markets Closes Sale of Courtyard in South Boston appeared first on LODGING Magazine.
HOUSTON—The Chifley, Tapestry Collection by Hilton in Uptown Houston, is open and welcoming leisure, business, and group travelers. The boutique hotel’s rooms and public spaces are fully renovated, along with the hotel’s new dining establishment, Rouse, which will open its doors in January 2023. “We’re bringing a fresh, independent energy and spirit to the district,” says Brett Orlando, managing director, The Chifley. “Being in the Galleria—and convenient to River Oaks District, Highland Village, and Memorial […]
The post The Chifley, Tapestry Collection by Hilton, Opens in Houston, Texas appeared first on LODGING Magazine.
NEW YORK—Nobu Hospitality will open multiple new hotels in 2023, including Rome, Marrakech, Atlantic City, San Sebastián, and Toronto. With recent announcements of Bangkok and Abu Dhabi, the 32nd property to join the portfolio, the brand continues to grow its development pipeline globally. This year will mark Nobu Hotels’ 10th anniversary following the opening of Nobu Hotel Caesars Palace in Las Vegas in 2013. For almost 30 years the Nobu brand upholds a commitment to […]
The post Nobu Hospitality Continues Growth With Multiple Hotel Openings in 2023 appeared first on LODGING Magazine.
Projecting it as “a significant growth vehicle” for the company, Sonesta International Hotels Corporation earlier this week revealed the launch of a new brand targeting the upper-midscale, select-service segment and designed to meet the ‘essential’ needs of travelers. In an exclusive interview with LODGING, Brian Quinn, chief development officer, Sonesta, explained why the company—which now includes more than 1,200 hotels under 15 brands—made the decision to extend its lineup following the company’s acquisition of RLH […]
The post LODGING Exclusive: Sonesta Makes ‘Essential’ Addition To Brand Lineup appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Reflecting post-holiday seasonality and an unfavorable calendar shift, U.S. hotel performance fell from the previous week and showed weakened comparisons against 2019, according to STR’s latest data through January 7, 2023. U.S. Hotel Performance January 1-7, 2023 Percentage change from comparable week in 2019: Occupancy: 47.2 percent (down 11.5 percent) ADR: $142.82 (up 11.2 percent) RevPAR: $67.40 (down 1.5 percent) The comparable week in 2019 (January 6-12) was a full business week. Orlando was […]
The post STR: U.S. Hotel Performance Falls With Post-Holiday Seasonality appeared first on LODGING Magazine.
DALLAS—G6 Hospitality LLC, the parent company of Motel 6 and Studio 6 brands in the United States and Canada, announced that Julie Arrowsmith, president and chief financial officer of G6, has been appointed president and interim CEO. Rob Palleschi will step down as the company’s CEO, effective January 12, as he transitions to the position of CEO of American Campus Communities. Arrowsmith has served in various leadership positions across the G6 organization over her 28-year […]
The post G6 Hospitality Appoints Julie Arrowsmith as President and Interim CEO appeared first on LODGING Magazine.
Coast Hotels Limited, a fully owned subsidiary of APA Hotel Canada, Inc. and one of Canada’s largest hotel brands, recently announced that it has acquired a master franchise agreement inclusive of all existing franchised hotels from Coast Hotels USA, LLC. Operating as Coast Hotels USA, Inc., the company aims to achieve significant growth through a combination of new franchise and hotel management contracts, mergers, and acquisitions, along with the purchase of hotel real estate, particularly […]
The post A New Frontier: Canadian Brand Coast Hotels Targets Major U.S. Expansion by 2027 appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released its final U.S. monthly meetings and events data benchmarked against 2019, reporting December 2022 achieved 103.1 percent of December 2019 volume, exceeding monthly pre-pandemic levels for the second month in a row. Knowland began tracking and releasing monthly group recovery data in October 2020 to inform the industry as hoteliers and event planners began to look toward recovery efforts. The company continued to provide data to the hotel industry and financial, conference, […]
The post Knowland: U.S. Monthly Meetings & Events Data Exceeds Pre-Pandemic for Second Month appeared first on LODGING Magazine.
WASHINGTON—AHLA and the AHLA Foundation recognized National Human Trafficking Prevention month by participating in the U.S. Department of Homeland Security’s largest Blue Campaign initiative, #WearBlueDay. The initiative kicks off a series of events and thought leadership activities in January to show the No Room for Trafficking (NRFT) program, a national effort that unites the hotel and lodging industries around strategies and actions to help eradicate human trafficking. Engagement opportunities include an event in partnership with […]
The post AHLA and AHLA Foundation Participate in National Human Trafficking Prevention Month appeared first on LODGING Magazine.
Victory Hotel Partners appointed Greg Mount as CEO of Victory Hotel Partners and Gary Sims as CEO of its subsidiary, Hay Creek Hotels & Restaurants. Mount will be focused on leveraging Victory’s vertically integrated platform, executing mergers and acquisitions, and more. Sims will focus on the acquisition, renovation, and repositioning of independent and boutique hotels and restaurants. Loews Hotels & Co has promoted Monica Xuereb to the role of chief commercial officer. Xuereb was previously […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton announced the launch of Spark by Hilton, the newest addition to its portfolio of brands. Following research, the introduction of Spark by Hilton fills an open space in the industry by creating a new premium economy lodging option to meet the needs of more guests and owners seeking value, quality, and consistency. The brand provides a reliable stay for guests at an accessible price. For developers, it leverages a conversion model to offer […]
The post Hilton Unveils New Brand: Spark by Hilton appeared first on LODGING Magazine.
DALLAS—Commercial real estate investors in the United States favor opportunistic strategies and are showing a preference for secondary markets in 2023 amid concerns about higher interest rates and tighter financial market conditions, according to the findings of CBRE’s latest U.S. Investor Intentions Survey. The survey, which covers all asset types, finds that economic uncertainty is weighing on investor sentiment in 2023, with more than half of investors expecting to decrease purchasing activity compared with 2022 […]
The post CBRE: U.S. Investor Intentions Survey Finds a Preference for Secondary Markets appeared first on LODGING Magazine.
Over the past decade since its inception, hotel development and management company Lark Hotels has assembled a portfolio of more than 30 branded boutique hotels in high-profile destinations. The company has taken significant steps in recent years to position itself for further growth; in 2020, Lark Hotels launched a third-party management division focused on independent properties, and in 2021, the company introduced Bluebird by Lark, a sister collection of reimagined boutique roadside lodges, the latest […]
The post Sense of Place: Lark Hotels Bets on the Strength of Boutique and Independent Lodging appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. has expanded its commitment to the Safe Stays by ReloShare alliance with the addition of Radisson Hotels Americas. The news follows Choice Hotels’ acquisition of Radisson Hotels Americas in August 2022. In February 2022, Choice Hotels began to work with Safe Stays by ReloShare, a booking platform and program that helps provide emergency lodging to victims of abuse and violence. With the addition of Radisson Hotels Americas, over 90 percent […]
The post Choice Adds Radisson Hotels Americas Properties to Safe Stays by ReloShare Platform appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts has assumed management of ten properties previously operated by PeachState Hospitality. The portfolio consists of eight Marriott Select Service Hotels and two IHG Select Service Hotels, all located in the state of Georgia. “PeachState Hospitality is a leading owner and developer in our industry, and we are pleased to welcome them as a new partner and these exceptional properties into our portfolio,” said Tim Muir, chief development officer, TPG […]
The post TPG Hotels & Resorts Assumes Management of 10 PeachState Hospitality Properties appeared first on LODGING Magazine.
DENVER, Colorado—Mission Hill Hospitality, a KSL Capital Partners portfolio company, announced it has acquired the Hanover Lebanon Courtyard by Marriott, a 124-key property located in Lebanon, New Hampshire. This is the company’s first investment in New Hampshire and its seventh in New England. Hanover Lebanon Courtyard by Marriott is the 25th hotel added to the Mission Hill Hospitality portfolio since the company was launched in March 2021. The terms of the deal were undisclosed. “This […]
The post Mission Hill Hospitality Acquires Hanover Lebanon Courtyard by Marriott appeared first on LODGING Magazine.
SAN RAFAEL, California—LRE & Companies has unveiled plans for Fernley Promenade, a 13-acre mixed-use development project comprising industrial, retail, and hotel, in Fernley, Nevada. “We’ve developed, opened, and operated hundreds of restaurants throughout Northern California and Western Nevada over two decades,” said Akki Patel, CEO of LRE & Companies. “Throughout our journey, we’ve perfected the process of identifying the right pieces of real estate and where future growth will be. Our strategic evaluation identified several […]
The post LRE & Companies Plans Fernley Promenade Mixed-Use Development appeared first on LODGING Magazine.
TUSAYAN, Arizona and BUFFALO, New York—Global hospitality and entertainment company Delaware North announced its continued expansion in the parks and lodging sector through the acquisition of the Best Western Premier Grand Canyon Squire Inn. The 322-room resort is situated in Tusayan, Arizona, near the South Rim entrance of Grand Canyon National Park. Terms of the purchase are not being disclosed. The desert property, being renamed the Squire Resort at the Grand Canyon, will remain affiliated […]
The post Delaware North Acquires Best Western Premier Grand Canyon Squire Inn appeared first on LODGING Magazine.
NASHVILLE, Tennessee—Uniguest announced today leadership changes including the promotion of Matt Goche to CEO from his role as chief operating officer, taking over responsibility from Jeff Hiscox following a six-year tenure. Hiscox will move into the chairman role on Uniguest’s board of directors and act as an advisor to the Uniguest executive team, while Goche takes responsibility for the day-to-day operations of the company and driving revenue growth. On his departure, Hiscox commented, “This is […]
The post Uniguest Promotes Matt Goche to CEO appeared first on LODGING Magazine.
As announced in July 2022, Accor’s new organization is now being implemented progressively throughout the first quarter of the year depending on local legislation, particularly regarding the obligations to consult staff representatives. The new structure will allow the group to accelerate growth and address market developments, deliver levels of service for all its stakeholders, facilitate accurate and effective fulfillment of guest needs and expectations, and provide clarity and performance to its partners. Under the leadership […]
The post Accor Begins Implementation of New Organizational Structure appeared first on LODGING Magazine.
WASHINGTON—Sixty percent of U.S. adults report being more likely to stay in hotels this year than in 2022, and hotels are the top lodging choice among those planning to travel for business and leisure in the next three months, according to new national Hotel Booking Index survey research commissioned by the American Hotel & Lodging Association (AHLA) and conducted by Morning Consult. According to the surveys, 52 percent of adults would choose to stay in […]
The post AHLA: U.S. Travelers Are More Likely to Stay in Hotels in 2023 appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced two leadership additions to the association and its charitable giving affiliate. Anna Blue has been named president of the AHLA Foundation and Jacqueline Policastro has been appointed executive vice president of marketing and communications. “After a thorough search, we are proud to welcome Anna and Jacqueline to the Foundation and AHLA teams,” said AHLA President and CEO Chip Rogers. “Their collective experience and fresh energy will only […]
The post AHLA and AHLA Foundation Announce Two New Leadership Additions appeared first on LODGING Magazine.
ATLANTA—Hunter Hotel Advisors (HUNTER) announced the sale of Courtyard by Marriott and Fairfield Inn & Suites SeaWorld/Westover Hills in San Antonio. An institutional investor sold both properties to Florida-based IRAS Group for an undisclosed price. Concord Hotel Group will manage the properties moving forward. David Perrin, senior vice president of HUNTER, arranged the sale on behalf of the seller. “We are glad to help one of our long-term institutional clients with another strategic disposition,” said […]
The post HUNTER Announces Sale of Two San Antonio Properties appeared first on LODGING Magazine.
NORWALK, Connecticut—Shatterproof will host its fifth annual Hospitality Heroes Reception at the Americas Lodging Investment Summit (ALIS) on January 24 at the J.W. Marriott in Los Angeles. The reception will honor Chris Nassetta, president and CEO of Hilton, who has united hospitality leaders to raise awareness and shatter the stigma surrounding addiction. The event will raise funds to support Shatterproof’s efforts to transform how addiction is treated in the United States. Nassetta and Hilton have […]
The post Shatterproof to Honor Hilton President and CEO During Fifth Annual Hospitality Heroes Reception appeared first on LODGING Magazine.
SCOTTSDALE, Arizona—Nationwide Realty Investors announced the opening of the Hilton at Cavasson. The property is owned by Nationwide Realty Investors and managed by Columbus Hospitality Management. “We are thrilled to open the Hilton at Cavasson and welcome guests to this outstanding project,” said Brian J. Ellis, president of Nationwide Realty Investors. “The opening of North Scottsdale’s premier hotel is another major milestone as we bring to life our full vision for this development. Cavasson is […]
The post Nationwide Realty Investors Opens the Hilton at Cavasson appeared first on LODGING Magazine.
FARGO, North Dakota—Legendary Capital has sponsored the acquisition of the 84-room Holiday Inn Express & Suites Wichita Airport in a $ 7.4 million transaction. The deal used Legendary Capital’s proprietary Equity Preservation UPREIT (EPU) structure in which the ownership of the hotel contributed the hotel in exchange for a special class of Transition Partnership Units (T-Units), allowing for the potential preservation of the contributor’s equity as the property restabilizes. The property sits next to the […]
The post Legendary Capital Sponsors Holiday Inn Express & Suites Wichita Airport Acquisition appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland and Pyramid Global Hospitality have expanded their relationship, implementing the group data solution in additional properties and using the platform across its portfolio in the Americas. Pyramid Global is recognized for its data-driven approach to hotel management, including its sales strategy. The expanded Knowland partnership includes providing properties with Knowland’s data insights to drive account strategy and direct sales efforts. Jeff Weggeman, vice president of sales and marketing, Pyramid Global Hospitality, said, “Our […]
The post Knowland and Pyramid Global Hospitality Expand Relationship appeared first on LODGING Magazine.
Chicago-based hotel investment and management company Arbor Lodging announced ARLO Residential, a new vertical. ARLO Residential, a subsidiary of the Arbor Lodging brand, seeks to develop and transform real estate around the country to address housing affordability, with an initial focus on converting properties ranging from hotels and office buildings into affordable living options. In doing so, ARLO Residential aims to transform spaces, support communities, and enhance livelihoods by bringing new life to buildings that […]
The post Arbor Lodging Announces New Vertical: ARLO Residential appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019 on the favorable side of a holiday calendar shift, according to STR’s latest data through December 31, 2022. U.S. Hotel Performance December 25-31, 2022 Percentage change from comparable week in 2019: Occupancy: 54.2 percent (up 10.4 percent) ADR: $167.21 (up 21.7 percent) RevPAR: $90.63 (up 34.3 percent) The comparable week three years ago covered December 29 through January […]
The post STR: Favorable Calendar Shift Boosts Weekly Hotel Performance appeared first on LODGING Magazine.
FORT WORTH, Texas—The Sheraton Fort Worth Downtown has started a transformation that will create a more guest-friendly hotel as part of the Sheraton’s signature experience being implemented worldwide. Across the street from the Fort Worth Convention Center and nearby restaurants and entertainment venues, the hotel’s new design and amenities will be for both visitors and locations. The $45 million transformation will include a redesigned entryway, additional suites, several work-space studios for small meetings, a restaurant-bar […]
The post Sheraton Fort Worth Downtown Begins Renovation appeared first on LODGING Magazine.
DENVER—CoralTree Hospitality has been selected to operate the Pier Sixty-Six Resort in Fort Lauderdale, Florida. The property is currently being reimagined by Tavistock Development Company, and Dim Cos has been hired as managing director for the property, which is slated to re-open the resort and debut the residences in 2024. Originally built in the 1960s by the Phillips Petroleum Company (Phillips 66), the 325-room resort is located along the 17th Street Causeway and the Intracoastal […]
The post CoralTree Hospitality Selected to Operate Pier Sixty-Six Resort appeared first on LODGING Magazine.
Luxury spa industry veteran Blake Feeney has been appointed spa development vice president at Arch Amenities Group, a full-service provider of wellness, amenity, and meeting services for commercial and residential properties, hotels, and private clubs. In this position, Feeney, who spent 13 years at Canyon Ranch Spa at The Venetian Resort in Las Vegas, will oversee spa management accounts and collaborate with the senior leadership team on long-term strategic planning to enhance financial returns, customer […]
The post Creating New Spaces: Arch Amenities Group on Serving the Expanding Wellness Market appeared first on LODGING Magazine.
Though not its primary focus, there are a handful of ways that the housekeeping department can support the dining and wellness needs of hotel guests, especially for limited-service and select-service properties. Food & Beverage If your property does not offer F&B options, especially in the evening, expect that guests will seek out food delivery or nearby restaurants. Emplacing a QR code in the guestroom that will connect guests’ smart devices to a list of these […]
The post Supporting Guests’ Dining and Wellness Needs appeared first on LODGING Magazine.
Accor announced that Omer Acar has been pointed as CEO Raffles & Orient Express, effective March 1, 2023. Acar will be based in New York; to advance the group’s reach in the United States, Acar will also assume responsibility for representing Accor on the North American market. Atrium Hospitality announced the advancement of Larry Cooper to vice president, operational strategies—Eastern region. Cooper will be responsible for developing and implementing operational strategies to enhance the performance […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
ATLANTA—PurpleCloud Technologies announced that its gamified service optimization platform is available on Oracle Cloud Marketplace and can be deployed with the Oracle Hospitality Integration Platform for Oracle Hospitality OPERA Cloud customers. Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle Partners. PurpleCloud provides visibility into employee productivity and insight into trends. PurpleCloud’s Gamified Service Optimization Platform incentivizes hotel employees to complete tasks and then recognizes and rewards them via […]
The post PurpleCloud Service Optimization Platform Available on Oracle Cloud Marketplace appeared first on LODGING Magazine.
CHARLESTON, South Carolina—Charlestowne Hotels is prepared for portfolio-wide growth in 2023 after introducing additional leadership positions to its corporate office. As part of a phased realignment plan, including a concentration on asset development and a heightened focus on human resources and company culture, Charlestowne redefined its corporate structure to create more opportunities for upward growth within the company. These shifts will enable Charlestowne to retain more complex assets and support owner needs. Within the past […]
The post Charlestowne Hotels Prepares for Growth With a New Corporate Structure appeared first on LODGING Magazine.
Completed in September, the Hyatt Regency San Francisco’s multimillion-dollar renovation of its 821 guestrooms features a contemporary design influenced by the waterfront location. “Urban Modernism Enriched by a Diverse Cultural Landscape was the core concept behind the transformation,” says Magdalena Laska, associate | interior designer, Looney & Associates. “The guestrooms feature a neutral envelope, grounded by natural wood and concrete tones, and punctuated with deeply saturated pops of color. The details, textures, and colors found […]
The post A Resourceful and Aesthetic Redesign: Hyatt Regency San Francisco Guestrooms appeared first on LODGING Magazine.
HEI Hotels & Resorts recently assumed management of the 312-room Austin Southpark Hotel. Owned by L+R Hotels, Hotel Southpark is located in the heart of South Austin, Texas, providing access to the city’s tech corridor. “We are pleased to have HEI engaged as manager of this great asset and look forward to the next chapter for this hotel,” said Neil Kirk, COO of L+R Hotels. “We are thrilled to grow our relationship with L+R Hotels […]
The post HEI Hotels & Resorts Assumes Management of Austin Southpark Hotel appeared first on LODGING Magazine.
COPPER MOUNTAIN, Colorado—ERES Companies (ERES) announced the completed sale of the Element 29 Hotel in Copper Mountain, Colorado. Built in 2021, the Element 29 Hotel offers 127 guestrooms and is the first hotel developed at the base of Copper Mountain. “This is truly a unique offering, as it is the only hotel in the Copper Mountain submarket. Copper is a world-class ski mountain that continues its transition into an amazing year-round resort. Not many opportunities […]
The post ERES Companies Announces Completed Sale of Element 29 Hotel appeared first on LODGING Magazine.
First Hospitality, a national hotel operations and development company, is focused on expanding its third-party management business, and to help drive those efforts forward, the company recently promoted Dan Smith, a 30-year veteran of the hospitality industry, to executive vice president of owner success. After leading several hotels as general manager, Smith has been working with First Hospitality since 2005, starting with the role of vice president of management services before rising to become senior […]
The post Dan Smith Promoted to Lead the Growth of First Hospitality’s Management Portfolio appeared first on LODGING Magazine.
Marriott International announced it has trained one million associates to spot the signs of and respond to human trafficking. Marriott International first introduced human trafficking awareness training in 2016 and rolled out enhanced training in 2021. Designed in collaboration with Polaris, a nonprofit that specializes in combating human trafficking and helping survivors of trafficking, the training has scenario-based examples to help hotel associates recognize the signs of trafficking in a real-world context and provides response […]
The post Marriott International Trains One Million Associates to Spot and Respond to Human Trafficking appeared first on LODGING Magazine.
DALLAS—Braemar Hotels & Resorts Inc. has closed on a mortgage loan for the 210-room Four Seasons Resort Scottsdale at Troon North in Scottsdale, Arizona. The non-recourse loan totals $100.0 million and has a three-year initial term with two one-year extension options, subject to the satisfaction of certain conditions. The loan is interest only and provides for a floating interest rate of SOFR + 3.75 percent. The company also announced that it plans to use the […]
The post Braemar Hotels & Resorts Closes on Mortgage Loan for Four Seasons Resort Scottsdale at Troon North appeared first on LODGING Magazine.
PORT ARTHUR—Marcus & Millichap announced the sale of a two-property, 188-room hospitality portfolio in Port Arthur, Texas. The assets are the 92-room Holiday Inn Express & Suites Port Arthur and 96-room TownePlace Suites Beaumont Port Arthur. “The properties are located near Sabine Lake and the Gulf of Mexico in a high-growth market that is a vital part of the Texas transportation network and contributes substantially to the state’s annual seaport trade of over $260 billion,” […]
The post Marcus & Millichap Announces Two-Property Hotel Portfolio Sale appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Cambria Hotels continued its expansion with the opening of the Cambria Hotel Savannah Downtown Historic District—the brand’s new downtown location and the first Cambria to open in Georgia. The new six-story, 101-room Cambria hotel positions guests in the city’s National Historic Landmark District and provides travelers with access to Savannah landmarks, architecture, and more than 100 restaurants. The Cambria Hotel Savannah Downtown Historic District is also within walking distance to the Savannah Civic Center, […]
The post Cambria Hotel Savannah Downtown Historic District Opens appeared first on LODGING Magazine.
While COVID-19 cases have greatly diminished, on-the-road health and wellness remains prominent in the era of the pandemic. More travelers are aware of the importance of maintaining a healthy immune system, bolstered by regular physical exercise, good nutrition, a sound sleep, and other advisable practices. “The focus on health has risen significantly compared to what it was two years back,” confirms Harish Goyal, CEO and managing director, Veria Lifestyle, Inc., and developer of YO1 Health […]
The post Wellness Within Reach: Approachable Experiences for Guests and Affordable Offerings for Hoteliers appeared first on LODGING Magazine.
Based on reader nominations, LODGING recognizes dynamic executives who have helped to make 2022 a year of progress in the hotel industry across four key areas. We commend and congratulate Ali Moloo, CEO of myDigitalOffice; Mit Shah, CEO of Noble Investment Group; Naveen P. Kakarla, president and CEO of HHM; and Mehul Patel, managing partner, CEO of NewcrestImage. Each has led his company to remarkable achievements in technology, management, development, and finance, respectively. Technology | Ali […]
The post LODGING Luminaries: Four Hotel Industry Leaders Who Have Catalyzed Major Advances in 2022 appeared first on LODGING Magazine.
JACKSONVILLE, Alabama—Red Roof has announced the opening of the Red Roof Inn Jacksonville in Jacksonville, Alabama. The hotel has 64 guestrooms and offers WiFi, coffee in the lobby, a snack center, a guest coin laundry facility, an expanded cable package, and a microwave and mini-fridge in every room. In addition, the location is pet friendly. The property is near Jacksonville State University and Fort McClellan with access to AL-21. Other local landmarks include Jacksonville Regional […]
The post Red Roof Inn Jacksonville Opens in Alabama appeared first on LODGING Magazine.
HOLLYWOOD, Florida—Hard Rock International, in supporting the Hard Rock Heals Foundation, announced that its 23rd annual PINKTOBER campaign raised over $1 million for breast cancer research. Throughout the month of October, Hard Rock Cafes, Hotels, Casinos, and Rock Shops hosted fundraising efforts, including limited-edition menu items, merchandise, a songwriting contest, and more, with proceeds benefiting national and local breast cancer charities. This is the second year in a row Hard Rock surpassed its own record, […]
The post Hard Rock PINKTOBER Campaign Surpasses Fundraising Record for the Second Time appeared first on LODGING Magazine.
CARLSBAD, California—Completing a $10 million renovation, the oceanfront Hilton Garden Inn Carlsbad Beach finished the refurbishment of 161 guestrooms and suites, Coast 6450 restaurant, the pool area, outdoor lawn and patio area, front desk, exterior landscaping, and meeting spaces. “We’re very excited to introduce our new look to our incoming guests,” said Josephine Forino, general manager of the Hilton Garden Inn Carlsbad Beach. “Along with reimagining and refreshing the esthetics of our coastal property, our […]
The post Hilton Garden Inn Carlsbad Beach Completes Renovation appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week and showed weakened comparisons to 2019 on the unfavorable side of a holiday calendar shift, according to STR’s latest data through December 24, 2022. At the same time, occupancy on December 24 was the highest for any Christmas Eve on record. U.S. Hotel Performance December 18-24, 2022 Percentage change from comparable week in 2019: Occupancy: 43.9 percent (down 9.7 percent) ADR: $132.29 (up 2.3 […]
The post STR: U.S. Hotel Performance Lowers and Shows Weakened Comparisons to 2019 appeared first on LODGING Magazine.
This year’s Lodging Conference created a dynamic setting for attendees to share ideas via presentations, panels, interviews, and plenty of informal gatherings. LODGING was pleased to partner with Choice Hotels International to stage a roundtable for four experts in finance, development, management, design, and other areas of the hospitality industry. Participants included Mark Crisci, principal & chief investment officer, Azul Hospitality; Malcolm Davies, founder & senior managing partner, Way Capital; Rachel Nyman, managing member – […]
The post A Rewarding Rapport: Choice Hotels and LODGING Host an Insightful Roundtable With Owners and Industry Experts appeared first on LODGING Magazine.
BETHESDA, Maryland—Curator Hotel & Resort Collection announced the addition of The Olive Ann in Grand Forks, North Dakota; Creekside Inn in Palo Alto, California; Hotel Los Gatos in Los Gatos, California; Hotel Griffon, King George Hotel and Inn at Union Square in San Francisco, California; and Eden Roc Miami Beach and Nobu Hotel Miami Beach, in Miami Beach, Florida, as its newest members. With these additions, Curator has grown to 96 hotels and resorts, all […]
The post Curator Hotel & Resort Collection Welcomes Eight Hotel Members appeared first on LODGING Magazine.
LAS VEGAS—MGM Resorts International has closed on the sale of the operations of The Mirage Hotel & Casino to Hard Rock International for $1.075 billion in cash. “Mirage employees have delivered unparalleled service and experiences over the past three decades, and we are forever thankful for their work to make The Mirage such an iconic, world-class destination,” said Bill Hornbuckle, CEO and president, MGM Resorts International. “I’m excited for the opportunities that lay ahead for […]
The post MGM Resorts International Closes Sale of the Operations of The Mirage appeared first on LODGING Magazine.
NEW YORK—Infor announced an expanded partnership with Oliver Hospitality. Infor HMS has previously been implemented at five Oliver Hospitality properties to unify and refine hotel operations. Oliver Hospitality has decided to expand its work with Infor for its new Marconi Conference Center located just outside of Marshall, California. Oliver Hospitality chose to expand the organization’s footprint with the company because of Infor’s knowledge of the hospitality industry. Through the Infor hospitality suite, Oliver Hospitality is […]
The post Infor Announces an Expanded Partnership With Oliver Hospitality appeared first on LODGING Magazine.
Kimpton Hotel Monaco Salt Lake City announced the hire of Nathan Sporbert as general manager. Sporbert brings eight years of industry experience to the new role, most recently serving as hotel manager for the Kimpton Hotel Palomar Phoenix. HALYCON announced the appointment of McClinton Heil as general manager of hotel operations. Heil previously held a general manager role at Hotel Emblem, Viceroy in San Francisco, California. Proper Hospitality announced the appointment of Manuel Portillo as […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Having served as a U.S. Navy officer in surface warfare and strategic planning from 1987 to 1993, Pat Pacious is no stranger to navigating rough waters with foresight and determination. Serving as Choice Hotels International CEO since 2017, Pacious has recently led the company through one of the most challenging times in the history of the hotel industry, remaining focused on both brand development and enhancing ROI for franchisees, who currently number over 13,000. As […]
The post 2022 Person of the Year: Choice Hotels CEO Pat Pacious Has Helped Steer the Company to Industry-Leading Performance in Recent Years appeared first on LODGING Magazine.
MADRID—Tennis player Rafael Nadal and Gabriel Escarrer, CEO of Meliá Hotels International, announced the launch of ZEL, a new brand of resort and urban leisure hotels that will first operate in Spain, and expand in destinations throughout Europe, the Middle East, Asia, and the Americas. The joint venture between Nadal and Meliá Hotels International aims to create a hospitality experience focused on Mediterranean character throughout global destinations. The new brand will also have different partners […]
The post Meliá Hotels International and Rafael Nadal Launch ZEL Brand appeared first on LODGING Magazine.
LOS ANGELES—INTELITY announced an updated partnership with Unifocus. Following recent revisions to Unifocus’s technology, the INTELITY integration is new. Built on INTELITY’s R5 platform and capabilities, the latest integration includes synchronization of guest request details between INTELITY and Unifocus. “Partnering with INTELITY was a natural choice to create a more seamless workflow process for hotel staff,” said Moneesh Arora, CEO of Unifocus. “At Unifocus, we strive to be the industry leader in workforce optimization. With […]
The post INTELITY and Unifocus Announce an Updated Partnership appeared first on LODGING Magazine.
ATLANTA—Davidson Hospitality Group has been identified to manage Barnsley Resort in Adairsville, Georgia, under its operating vertical, Davidson Resorts. Situated one-hour northwest of Atlanta, the 3,000-acre resort has 140 rooms, including standalone cottages and suites; 16,000 square feet of indoor meeting space; a hunting reserve, a championship golf club, and a 10-acre lake. In collaboration with ownership, Davidson will oversee a planned expansion project, which will incorporate amenities, room renovations, and more. “It is a […]
The post Barnsley Resort Selects Davidson Hospitality Group as Manager appeared first on LODGING Magazine.
ORLANDO, Florida—Officials of Everwood Hospitality Partners (EHP) announced the company has acquired the 184-room La Quinta I Drive/Convention Center hotel in Orlando, Florida, from Cavalier Florida, LP. Cronheim Hotel Capital (CHC), a real estate capital advisory firm specializing in capital solutions for hotel owners, operators, and investors, helped secure the loan that will be used for the acquisition and subsequent hotel renovation. The refurbishment process will include upgrades to public and private spaces throughout the […]
The post Everwood Hospitality Partners Acquires La Quinta I Drive/Convention Center appeared first on LODGING Magazine.
Leisure demand has made a strong comeback in 2022, and a recent analysis by the American Hotel & Lodging Association (AHLA) and Kalibri Labs expects it to end the year 14 percent higher than in 2019. Unfortunately, the rise in demand comes at a time when labor shortages continue to affect the industry. This challenge has led many hoteliers to implement programs that keep employees engaged both professionally and personally. Quality training programs improve employee […]
The post Raising Stars: GF Hotels & Resorts Retains Employees by Investing in Their Professional Development appeared first on LODGING Magazine.
Kirkwood Collection announced the recent acquisition of Centrella Hotel in Pacific Grove, expanding its portfolio to seven properties. This is the second property Kirkwood Collection acquired in Monterey Bay; in 2021, Seven Gables Inn joined the Kirkwood portfolio. Both properties were built in the 1880s. “Kirkwood Collection is thrilled to welcome Centrella Hotel, a national historic landmark, into our family of luxury historic properties. Rich with history, we plan to honor its legacy while stewarding […]
The post Centrella Hotel in Monterey Bay Joins Kirkwood Collection appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers released the below statement following House and Senate passage of the FY2023 omnibus appropriations bill: “The FY23 omnibus appropriations bill contains a number of important wins for AHLA members, including the Omnibus Travel and Tourism Act, or TourBus—a major focus of AHLA’s lobbying efforts in 2022. Critical TourBus components include promoting America as a destination for international travelers, establishing a new top tourism position […]
The post AHLA Releases Statement on 2023 Omnibus Appropriations Bill appeared first on LODGING Magazine.
ROCKVILLE, Maryland—WoodSpring Suites continued its nationwide expansion with the groundbreaking of the WoodSpring Suites Corona. Located an hour south of Los Angles and expected to open in late 2023, the 122-room hotel marks the newest addition to Choice‘s lineup of extended stay properties across California, joining the inaugural Everhome Suites Corona, as well as the largest MainStay Suites hotel, which recently opened in the greater Los Angeles area. Representatives from Choice Hotels and developer Gold […]
The post WoodSpring Suites Corona Breaks Ground appeared first on LODGING Magazine.
KANSAS CITY—Further conveying the steadfastness of the U.S. traveler, new research shares that the global economy continues to impact how and when most U.S. adults will travel—but not if they’ll take a trip. According to new data by MMGY Travel Intelligence, 6 in 10 U.S. adults (58 percent) plan to take a vacation in the next six months despite inflation, the rising cost of travel, and other economic factors. The findings were released as part […]
The post MMGY Travel Intelligence: 58 Percent of U.S. Adults Plan to Vacation in the Next Six Months appeared first on LODGING Magazine.
Naples Hotel Group (NHG) is a prime example of a family business, one that now includes not just founders and managing partners Mike and Hayley Bou-Sliman, who have been married for 37 years, but also their children Andrew, executive vice president of acquisitions & development, and Brittany, executive vice president of marketing. When LODGING spoke to Mike at this year’s Lodging Conference in Phoenix, he described his company’s family culture, which extends far beyond his […]
The post The Family Way: How a Caring Culture and Proactive Practices Support the Growth of a Family-Run Hotel Management Company appeared first on LODGING Magazine.
NEW ORLEANS—The InterContinental Hotel New Orleans in the city’s Central Business District unveiled a $3.5 million renovation to its third-floor meeting space and the La Salle Ballroom. The ballroom was designed by Element526 of Birmingham, Alabama, to provide a canvas for everything from social occasions to traditional business events. The floor-to-ceiling renovation presents a new look with marble flooring in the pre-function spaces, chandeliers, carpet, and neutral wall coverings. “No other hotel in New Orleans […]
The post InterContinental Hotel New Orleans Completes Ballroom Renovation appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week but showed improved comparisons to 2019 in part because of a favorable calendar shift, according to STR’s latest data through December 17, 2022. U.S. Hotel Performance December 11-17, 2022 Percentage change from comparable week in 2019: Occupancy: 54.5 percent (up 9.2 percent) ADR: $135.08 (up 23.7 percent) RevPAR: $73.65 (up 35.1 percent) The corresponding week in 2019 ended on December 21, which brought performance […]
The post STR: U.S. Hotel Performance Lowers But Shows Improved Comparisons With 2019 appeared first on LODGING Magazine.
WASHINGTON & AUSTIN, Texas—The American Hotel & Lodging Association (AHLA) and the Hospitality Financial and Technology Professionals Association (HFTP) announced a 10-year agreement to jointly produce the Uniform System of Accounts for the Lodging Industry (USALI). The USALI is used all over the world as the “standard” for hospitality accounting, and the announcement reverses HFTP’s decision earlier this year to publish the next USALI edition without AHLA’s formal involvement. AHLA and HFTP have reengaged the […]
The post AHLA and HFTP Announce 10-Year Agreement to Produce USALI appeared first on LODGING Magazine.
Marriott International announced that longtime executive Stephanie Linnartz has decided to leave the company, effective February 24, 2023. Linnartz has been appointed president and CEO of Under Armour. “It is with very mixed emotions that I share the news that Stephanie Linnartz, a 25-year veteran of Marriott, has decided to step down as president to become president and CEO of Under Armour,” said Anthony Capuano, CEO, Marriott International. “On the one hand, I am excited […]
The post Stephanie Linnartz to Step Down as President of Marriott International appeared first on LODGING Magazine.
Bruce Baerwalde, president of McKibbon Hospitality—himself a beneficiary of the company’s practice of hiring from within—recently announced the appointments of Kari Elofson, Karl Oates, and Sebastian Peralta, who are now serving as senior vice presidents of operations. The three recently shared with LODGING some of their thoughts on their new positions at McKibbon, where they will now be responsible for leading its growing hotel portfolio and supporting a team of eight regional vice presidents of […]
The post Hiring From Within: McKibbon Names Three of Its Own Longtime Leaders to SVP Positions appeared first on LODGING Magazine.
DENTON, Texas—Marcus & Millichap announced the sale of a two-property, 180-room hospitality portfolio in Denton, Texas. The assets are an 88-room La Quinta Inn & Suites and a 92-room Holiday Inn Express & Suites. “These two hotels are located across from each other within proximity of many local and regional demand generators and have excellent in-place operations,” said Chris Gomes, senior managing director of investments in Marcus & Millichap’s Dallas office. “Our buyer is well […]
The post Marcus & Millichap Announces Sale of Two-Property Hospitality Portfolio appeared first on LODGING Magazine.
NEW YORK CITY—Arrivalist forecasts more than 110 million U.S. road trippers will travel via automobile during the Christmas and New Year’s holidays (December 23—January 2). This volume outpaces pre-pandemic levels in 2019 by 2.4 percent and last year’s holiday road trips by 9.2 percent. “American road trip demand has built up a head of steam and neither germs, nor prices, nor the prospect of a recession are keeping people away from holiday traditions with their […]
The post Arrivalist: Over 110 Million U.S. Road Trippers to Travel Via Automobile During Holidays appeared first on LODGING Magazine.
Keller Companies announced the hire of Chris Mosby as chief operating officer. Mosby will be working to modernize processes and drive additional improvements as the business transitions from second-generation to third-generation ownership. Peachtree Hospitality Management, an affiliate of Peachtree Group, named Rachel Huang as vice president of hotel analytics and support. Huang brings over 20 years of international hospitality analytics and project management experience to the role. Procaccianti Companies announced the hiring of Brendan McCormick […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
ATLANTA, Georgia—The RADCO Companies has acquired the DoubleTree by Hilton in St. Augustine, Florida, a 97-key hotel located in the Historic District. Scott Stephens, Paul Sexton, and Tammy Bateman of Hospitality Real Estate Counselors (HREC) brokered the sale. Additional terms of the deal were not disclosed. Located in one of the getaway markets along the southeastern Atlantic Coast in a beach-oriented setting, the DoubleTree by Hilton includes a pool, hot tub, fitness center, 24-hour business […]
The post RADCO Acquires DoubleTree by Hilton St. Augustine appeared first on LODGING Magazine.
The 144-room Le Méridien Salt Lake City Downtown and 126-room Element Salt Lake City Downtown is slated to debut in mid-January 2023 as the city’s first dual-branded hotel, but that’s not the only milestone the property will achieve when it opens. The property will be the first Element and Le Méridien Marriott combination, the first hotel in Salt Lake City with a full-scale rooftop bar, and the first Le Méridien in Utah. “This dual property […]
The post First Combined Le Méridien and Element to Debut in Salt Lake City appeared first on LODGING Magazine.
Regardless of threats to the economy, world conflicts, and ongoing concerns about the status of the COVID-19 virus, the leisure and hospitality industry is projected to mostly recover from pandemic-driven demand losses by the end of 2023. Unfortunately, labor-related challenges are expected to continue for the foreseeable future. The U.S. Bureau of Labor Statistics (BLS) projects that the U.S. economy will add 8.3 million jobs from 2021 to 2031. Of those, 1.9 million jobs—23.1 percent […]
The post How to Avoid Hotel Staff Frustration With In-House Technology appeared first on LODGING Magazine.
LOS ANGELES, California—Springboard Hospitality announced two new hotels joining its portfolio, The Sandcastle Oceanfront Resort at the Pavilion and The Sandcastle Oceanfront Resort South Beach in Myrtle Beach, South Carolina, with a combined 410 rooms. This marks Springboard Hospitality’s expansion into the Palmetto State. “We’re thrilled to welcome these two oceanfront resorts to the Springboard Hospitality family as we expand our presence across the southeast United States,” said Ben Rafter, CEO, Springboard Hospitality. “With Myrtle […]
The post Springboard Hospitality Adds Two South Carolina Hotels to Its Portfolio appeared first on LODGING Magazine.
BEVERLY HILLS, California—Sonnenblick-Eichner Company has arranged the sale of the fee simple interest in the Cannon’s hotel development site in Dana Point, California. The former home of Cannon’s Restaurant, the site is fully entitled and has received California Coastal Commission approval for a 100-room boutique luxury hotel. The property is located on a bluff top overlooking Dana Point Harbor and Marina. The property was sold to a private investor. The site is located one block […]
The post Sonnenblick-Eichner Company Arranges Sale of Cannon’s Hotel Development Site appeared first on LODGING Magazine.
Apart from hiring the right staff, creating a great experience for hotel guests involves many physical aspects, including design, lighting, and technology. A sometimes-overlooked aspect is the audio and background music played across a property, which provides a key guest touchpoint in a variety of indoor and outdoor areas. Audio systems can create an ambiance and set a mood for guests as well as enable important communications, so it’s critical that these systems are built […]
The post Five Tips for Implementing the Ideal Hotel Audio System appeared first on LODGING Magazine.
According to CBRE’s September 2022 Hotel Horizons forecast for the overall U.S. lodging industry, RevPAR will exceed 2019 annual levels in 2022. This performance is driven by the accelerated recovery of ADR, which first occurred during the third quarter of 2021. Unfortunately for the owners and operators of full-service, convention, and resort hotels, food and beverage revenue is yet to return to pre-COVID levels. This can be attributed to a combination of the following factors: […]
The post The Lag in F&B Recovery: Hoteliers React to Profit-Margin Challenges With New Service Styles appeared first on LODGING Magazine.
DALLAS—Harwood International announced the company’s flagship boutique hotel property, Hôtel Swexan. Set to open in the summer of 2023, Hôtel Swexan will reside in the 19-city block Harwood District. Hôtel Swexan’s moniker stands for “Swiss meets Texan,” inspired by Harwood International founders’ multi-generational Swiss-Texan family heritage. Operated by Harwood Hospitality Group with a collective of 100 years of experience, the destination represents the group’s vision for the Harwood neighborhood in Dallas. Hôtel Swexan will bring […]
The post Harwood International to Open Flagship Property: Hôtel Swexan appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland and ConferenceDirect announced the results of a survey entitled 2023 State of the Meetings Industry. The collaboration reports insights to help industry professionals understand what meeting planners and event managers expect and will prioritize in 2023. Meeting volumes continued to rise in 2022, attendance is nearing 2019 levels, and COVID is no longer a concern for most. Cost leveling, the return of business travel, and budget increases will support the recovery’s home stretch. […]
The post Knowland and ConferenceDirect Survey Reports 2023 Meeting Insights appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index rose 2.7 percent in November to a level of 5,430. Year to date through the first 11 months of 2022, the stock index was down 5.5 percent. “Hotel stocks increased in November but were relative underperformers for the first time since June,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Softer than expected CPI data fed into the Federal Reserve pivot narrative, which caused […]
The post Baird/STR Hotel Stock Index Increased 2.7 Percent in November 2022 appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced three promotions among its leadership team. Kiersten Pearce was promoted to senior vice president, executive and strategic initiatives. In her new role, Pearce will develop industry initiatives and ensure alignment and execution of AHLA’s strategic plan and organizational priorities. She’ll also oversee the coordination of the AHLA Board of Directors, Executive Committee, and associated committees, as well as operational functions, including legal. Pearce joined AHLA in 2018 […]
The post AHLA Announces Three Leadership Promotions appeared first on LODGING Magazine.
U.S. hotel performance has rebounded in 2022, propelled by a variety of STR-defined markets, including gains in those largest markets that the recovery bypassed last year. Smaller markets have greatly surpassed their pre-pandemic performance. With the year drawing to a close, STR looks at which markets have made their mark on the industry based on the most recent year-to-date (YTD) hotel performance data through week 44, ending Oct. 29, 2022. Percentage change comparisons were made […]
The post Comeback Year: Market Leaders Propel U.S. Hotel Performance Forward in 2022 appeared first on LODGING Magazine.
ALPHARETTA, Georgia—Agilysys, Inc. announced an agreement with Marriott International, Inc., to deploy its cloud-native property management system (PMS) software across Marriott’s United States and Canada luxury, premium, and select-service hotels over the coming years. Agilysys offers the ability to provide capabilities across different types of properties and cloud-native technology for employee operations and guest experiences. Agilysys and Marriott will work together to align resources and activation plans before beginning to replace multiple proprietary property management […]
The post Agilysys to Deploy Marriott’s PMS Software in the United States and Canada appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts announced the opening of Holiday Inn Express Washington, DC Downtown. Located in the Mt. Vernon Triangle neighborhood, the hotel is steps away from Washington, D.C. locations including the U.S. Capitol, U.S. Supreme Court, Library of Congress, Union Station, the National Mall, the Walter E. Washington Convention Center, and Capital One Arena. Operating under the management of Urgo Hotels & Resorts, the hotel has 247 guestrooms. Guests can eat the Express Start […]
The post IHG Opens Holiday Inn Express Washington, DC Downtown appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced the integration of over 20 European Inclusive Collection resorts into the World of Hyatt loyalty program, as well as the rebranding of AMR Collection to Inclusive Collection, part of World of Hyatt. Following the Inclusive Collection launch in May 2022, guests and members will now have more all-inclusive resort options to choose from in the Americas and Europe, with additional European resorts in the Inclusive Collection expected to join World of […]
The post Hyatt Hotels Corporation Rebrands AMR Collection to Inclusive Collection appeared first on LODGING Magazine.
BOSTON, Massachusettes, and PORTLAND, Oregon—Pyramid Global Hospitality has closed the acquisition of the operating division of Provenance Hotels, an independent owner of boutique hotels. The transaction adds 12 full-service, independent hotels to Pyramid’s national network of managed properties. In a related transaction, Gencom acquired a 50 percent ownership stake in eight Provenance hotels. “The addition of the Provenance portfolio places Pyramid in multiple, new markets, particularly in the Pacific Northwest, an area we long have sought […]
The post Pyramid Global Hospitality Acquires Provenance Hotels’ Operating Division appeared first on LODGING Magazine.
NEW YORK — Preferred Hotels & Resorts will welcome 11 new luxury openings globally in 2023, including two additions to its Legend Collection, a portfolio of destination properties featuring ultra-luxurious accommodations and intuitive personal service. Highlights from the new cohort span trending destinations and all-new markets for the Preferred Hotels & Resorts brand. These include: The BoTree (London, U.K.) – launching July 2023 (Legend Collection) One of London’s hottest new openings with conscious luxury at […]
The post Preferred Hotels & Resorts to Add 11 New Independent Hotels in 2023 appeared first on LODGING Magazine.
Adam Robinson co-founded Hireology in 2012 to centralize hiring via a platform that allows businesses with multiple locations to attract, hire, and manage their best teams. With more than 20 years of experience, Robinson is a noted recruiting industry expert and speaker. He is the author of The Best Team Wins: Build Your Business Through Predictive Hiring, host of The Best Team Wins podcast, and a columnist for Inc. Robinson has been named a finalist […]
The post Optimizing Recruitment: Hireology Aims to Ease the Hiring Burden in the Hospitality Industry appeared first on LODGING Magazine.
DALLAS — CBRE foresees a moderate recession in 2023 that will bring declines in real estate investment and leasing activity, though inflation will recede by year end and well-capitalized investors still will be able to make deals, according to the company’s 2023 U.S. Real Estate Outlook. CBRE anticipates recession-related trends in 2023 such as declining home prices and retail sales as well as rising unemployment. Even so, the recession likely will be moderate, given that […]
The post CBRE Foresees Moderate Recession in 2023 U.S. Real Estate Outlook appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR’s latest data for the week of December 4-10, 2022. U.S. Hotel Performance December 4-10, 2022 Percentage change from comparable week in 2019: Occupancy: 59.6% (-1.2%) ADR: $144.79 (+15.4%) RevPAR: $86.29 (+14.0%) Occupancy for the week of December 4-10, 2022, came in at 59.6 percent—down 1.2 percent from the comparable week in 2019, while average daily […]
The post Weekly U.S. Hotel Performance Shows Improvements Over 2019 appeared first on LODGING Magazine.
Falls Church, Va. – Marriott International, Inc. announced the completion of an $11 million revitalization of its 395-room Falls Church Marriott Fairview Park. This renovation enriches the guest experience and further establishes the hotel as a leader in the Northern Virginia market. This includes a newly renovated lobby, a modernized fitness center, two new junior ballrooms, 27,000 square feet of meeting space, and a new restaurant and cocktail lounge, Tandem. The 16-story hotel located at […]
The post Falls Church Marriott Fairview Park in Virginia Completes Renovation appeared first on LODGING Magazine.
ATLANTA—Hospitality Ventures Management Group (HVMG) announced that it has added the 111-room Darwin Hotel to its portfolio of third-party managed hotels across the United States. HVMG oversaw the complete rebranding and renovation of the former independent hotel. “The Darwin Hotel is a perfect complement to our growing number of independent, third-party operated hotels,” said Robert S. Cole, president and chief CEO, HVMG. “From the Borrego Springs Resort & Spa in California to the Plunge Beach […]
The post HVMG Adds Darwin Hotel to Third-Party Managed Hotels Portfolio appeared first on LODGING Magazine.
NEW YORK—An affiliate of the principals of Highgate announced that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts. The Los Angeles-based hospitality group is known for its individual hotels and resorts. The Viceroy brand debuted in 2000 with the launch of Viceroy Santa Monica and has evolved into a portfolio of hotels and resorts in destinations such as St Lucia, Chicago, Los Cabos, and Snowmass. “We are excited for Viceroy’s […]
The post Highgate Enters Definitive Agreement to Purchase Viceroy Hotels & Resorts appeared first on LODGING Magazine.
WASHINGTON—In comments submitted to the Department of Labor, the American Hotel & Lodging Association opposed DOL’s proposed regulations that would revise its analysis for determining employee or independent contractor classifications under the Fair Labor Standards Act. AHLA President and CEO Chip Rogers also released the following statement opposing the proposal: “The Department of Labor’s proposed changes would make the historically difficult labor challenges even worse. With almost all hotels dealing with staffing shortages, hoteliers need […]
The post AHLA Releases Statement on Department of Labor Proposed Regulations appeared first on LODGING Magazine.
Atlanta-based Hospitality Lodging Systems (HLS) has added two Budgetel Inn & Suites properties and two Haven Hotel properties to its portfolio. There are now 37 Budgetel hotels with 3,813 rooms operating in 10 states plus China and 12 Haven properties with 698 rooms in nine states within the HLS portfolio. The new Budgetel hotels are both in metro Atlanta—a 218-room conversion from Clarion, located on the north side of the city’s perimeter ring highway, and […]
The post Hospitality Lodging Systems Adds Four Hotels to Its Portfolio appeared first on LODGING Magazine.
Choice Hotels International, Inc., has appointed Sally Bartas to the position of chief talent and culture officer. In this newly created role, Bartas will work closely with the company’s leaders to expand talent programs, HR strategies, and more. Island Hospitality Management announced that Kate Bleakley has been promoted to vice president of operations, WaterWalk division. Prior to joining Island, Bleakley held multiple positions with Millennium Hotels & Resorts. Virgin Hotels welcomed Martin Sinclair as corporate […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
2022 was a banner year for hotels and our nation. For the second year straight, we moved closer to recovery and farther away from the throes of the pandemic. And thanks to the support of more than 30,000 of the best members in the world, the American Hotel & Lodging Association was able to rack up another year full of impressive advocacy accomplishments. Federal Advocacy Over the past year, AHLA’s Federal Affairs team focused on […]
The post A Year in Review: Highlighting AHLA’s 2022 Advocacy Achievements appeared first on LODGING Magazine.
BOSTON—JLL Capital Markets announced it has closed the sale of and secured acquisition financing for Cape Codder Resort & Spa, a 266-key hotel in Hyannis, Massachusetts on Cape Cod. JLL represented the seller, Catania Hospitality Group, in the sale to Linchris Hotel Corporation. In addition, JLL represented Linchris and worked with long-time partner Tristan Pierce at HarborOne Bank to secure financing. The hotel was offered unencumbered by brand and management. Cape Codder Resort & Spa […]
The post JLL Capital Markets Closes Sale of Cape Codder Resort & Spa appeared first on LODGING Magazine.
citizenM announced it will debut three new hotels in 2023, including a second location in Miami and a fourth location in Paris. Also, citizenM is bringing the brand to Austin, Texas, the brand’s first opening in the city. The new hotels will include societyM meeting rooms and other additional amenities. citizenM opened five properties in 2022, including in Seattle, Miami, London, Washington, D.C., and Chicago. Here are insights from citizenM’s 2023 openings: citizenM Miami World […]
The post citizenM to Debut Three New Hotels in 2023 appeared first on LODGING Magazine.
PPDS announced a new partnership with IHG Hotels & Resorts, bringing its Chromecast built-in Philips MediaSuite hospitality TVs to deliver IHG’s next-generation in-room entertainment solution. Aligning the two companies to deliver guest experiences, IHG will begin introducing Philips MediaSuite TVs into selected hotels across all of its brands, including InterContinental Hotels & Resorts, Kimpton Hotels & Restaurants, Holiday Inn brand family, Crowne Plaza, voco, and Hotel Indigo in the coming months. PPDS is one of […]
The post IHG Hotels & Resorts Partners With PPDS to Deliver In-Room Entertainment appeared first on LODGING Magazine.
POUGHKEEPSIE, New York—Olympia Hotel Management has announced that it has been selected to develop and operate a new hotel called The Crossroads Inn and its restaurant, The Salt Line, located on the campus of Vassar College in Poughkeepsie, New York. The Crossroads Inn and The Salt Line are part of a new conference complex called The Vassar Institute for the Liberal Arts. The Vassar Institute will convene scholars from Vassar, the local area, and around […]
The post The Crossroads Inn Selects Operator: Olympia Hotel Management appeared first on LODGING Magazine.
PLANO, Texas—Aimbridge Hospitality continued its portfolio expansion with the addition of three extended-stay properties to its Select Service division. Located near airports in Mississippi, Virginia, and Wisconsin, the properties were recently acquired by Three Wall Capital and bring 387 keys under Aimbridge Hospitality management. The Select Service division at Aimbridge Hospitality will focus on the guest experiences at each property, adding value to Three Wall Capital through access to an executive team and resources. “Our […]
The post Aimbridge Hospitality Grows Select Service Division With Three Extended-Stay Hotels appeared first on LODGING Magazine.
Accor announced that Hotel Ändra Seattle has joined the group’s global portfolio as the newest addition to the MGallery Hotel Collection. Located in Seattle’s Central Business District, the hotel is 10 stories high and offers 123 guestrooms and suites. Just off the heels of a property-wide renovation, Hotel Ändra Seattle – MGallery will maintain the design and offerings for which the property is known. Since its debut in 2008, the MGallery Hotel Collection has shared […]
The post Hotel Ändra Seattle Joins Accor’s MGallery Hotel Collection appeared first on LODGING Magazine.
InterContinental Hotels Group (IHG) announced the appointment of Michael Glover as chief financial officer. Glover will take up his new position and become an executive director of IHG’s Board and a member of IHG’s Executive Committee, effective March 20, 2023. Glover has been with IHG for 18 years and currently serves as chief financial officer of the Americas and group head of commercial finance. He succeeds Paul Edgecliffe-Johnson who, in October, announced his intention to […]
The post IHG Names Michael Glover Chief Financial Officer appeared first on LODGING Magazine.
PHOENIX, Arizona—BWH Hotel Group has selected eTip as a digital tipping solution for its hotels. Using eTip, BWH Hotel Group will create a digital tipping experience that will allow guests to express gratitude to hotel associates through pre-selected or custom tipping. eTip will be available at properties within the BWH Hotel Group portfolio—including Best Western Hotels & Resorts and SureStay Hotel Group hotels in the United States and Canada. Online and digital payments continue to […]
The post BWH Hotel Group Implements Digital Tipping Solution eTip appeared first on LODGING Magazine.
Travel has been trending upwards since mid-2021, and this summer, the industry experienced a serious surge. Recent data from the U.S. Transportation Security Administration showed that more than 8.7 million people passed through airport security over the 2022 Labor Day weekend, topping pre-pandemic crowds for the first time since 2019. But, this doesn’t mean we’re back to business as usual. If the past few years have taught us anything, it’s that the future of hospitality […]
The post The High-Tech Hotel: Three Tech Investments Hotels Should Consider appeared first on LODGING Magazine.
LODGING Editor-in-Chief Dennis Nessler sits down with Chris Green—the newly named president of Remington Hotels—to discuss the state of the Dallas-based third-party management company. During the discussion, Green offers his reaction to the recent promotion from divisional president, as well as the ongoing integration of Chesapeake Hospitality and the unique culture of the combined companies. Green also offers some brief thoughts on a number of critical areas impacting the lodging industry ranging from labor challenges […]
The post One-on-One with Chris Green appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton’s luxury brands will continue growth across their global portfolios with ten openings and the rollout of new signings slated across Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, and LXR Hotels & Resorts. This follows a year of growth in 2022, which will see 12 openings by year’s end, including six Conrad properties, three of them being in the Americas—Tulum, Nashville, and Los Angeles—establishing growth in the existing Americas portfolio to a […]
The post Hilton Shares Luxury Brand Growth During and Following 2022 appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts reported 2022 results to date and future growth for Hotel Indigo. The Luxury & Lifestyle brand’s momentum includes plans to expand upon its current global footprint of 135 open hotels to more than 200 during the next three years, backed by a 124-hotel global pipeline. The brand’s projected record growth stems from owner interest in diverse areas throughout the Americas. With 69 currently open hotels and 29 planned properties—or nearly a […]
The post IHG Hotels & Resorts Reports Hotel Indigo Results and Growth From 2022 appeared first on LODGING Magazine.
BOISE, Idaho—Braintree Group announced it acquired the DoubleTree by Hilton Hotel Bend, located in Bend, Oregon. The 117-room property has an indoor swimming pool, fitness center, business center, and three meeting rooms totaling 2.327 square feet of meeting space. It is located off U.S. Route 97 in downtown Bend, Oregon. Bend is known for its year-round recreational activities. The hotel is within walking distance of downtown boutique shops, restaurants, bars, and craft breweries. It is […]
The post Braintree Group Acquires Doubletree by Hilton Hotel Bend appeared first on LODGING Magazine.
LAKE PLACID, New York—Lark Hotels announced the addition of Bluebird Lake Placid to the Bluebird by Lark portfolio, Lark Hotels’ collection of redesigned hotels, motels, and ski lodges. Slated to open its first phase in January 2023, Bluebird is conducting renovations of the property to open Bluebird Lake Placid throughout 2023. Near Mirror Lake, Bluebird Lake Placid will offer 90 rooms inspired by Japanese and Scandinavian design. With interiors designed by Elder & Ash, the […]
The post Lark Hotels Announces Bluebird Lake Placid Opening Set for January 2023 appeared first on LODGING Magazine.
NEEDHAM, Massachusetts—According to Tripadvisor, in 2022, travelers explored new terrain, rediscovered favorite places, and made the most of long layovers. The company released research including unpacked data found throughout the previous year with sentiments from consumer surveys taken across the globe. Despite over two years of bookmarking and saving trip ideas, the big return was overwhelming for some travelers. Recent Tripadvisor research found that “Relax and Rejuvenate” was the main trip purpose for 50 percent […]
The post Tripadvisor Reports Traveler Preferences Throughout 2022 appeared first on LODGING Magazine.
CHICAGO — Waldorf Astoria Chicago completed a renovation across its property, which includes updates to the guestrooms and suites, the lobby, and the spa, as well as debuts a redesigned Presidential Suite and introduces an Astoria Suite. The renovation of the guestrooms and suites, lobby and Peacock Lounge, Bernard’s, and spa was executed by the KTGY Simeone Deary Design Group, which was responsible for the hotel’s original concept and design in 2009. The team drew inspiration […]
The post Waldorf Astoria Chicago Completes Renovation appeared first on LODGING Magazine.
WASHINGTON D.C.—The American Hotel & Lodging Association opposed the National Labor Relations Board’s proposed regulations to establish a new “joint-employer standard” under the National Labor Relations Act in comments submitted to the board. AHLA President and CEO Chip Rogers released the following statement opposing the regulations: “If implemented, NLRB’s proposed ‘joint-employer’ rule would have a chilling effect on the hotel industry and the entire U.S. franchising model. It would minimize franchisees’ control over their own […]
The post AHLA Releases Statement on NLRB Proposed Regulations appeared first on LODGING Magazine.
BLUFFTON, South Carolina—Banyan Investment Group (BIG) announced the completed sale of the 112-room Holiday Inn Express & Suites Bluffton @ Hilton Head Area in South Carolina, to Trishul Hospitality for an undisclosed price. The transaction generated a 24 percent IRR and a 3.3x equity multiple. “We purchased the Bluffton Holiday Inn Express & Suites back in 2014 with the idea that this South Carolina coastal submarket was poised for long-term growth,” said Samir Yajnik, principal […]
The post Banyan Investment Group Completes Sale of Holiday Inn Express Bluffton @ Hilton Head Area appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than the previous week but showed weakened comparisons to 2019, according to STR’s latest data through December 3, 2022. U.S. Hotel Performance November 27-December 3, 2022 Percentage change from comparable week in 2019: Occupancy: 55.4 percent (down 7.7 percent) ADR: $141.71 (up 10.2 percent) RevPAR: $78.50 (up 1.7 percent) Among the Top 25 Markets, New Orleans reported the only occupancy increase over 2019 (up 1.1 percent to 67.2 […]
The post STR: Overall U.S. Weekly Hotel Performance Strengthens appeared first on LODGING Magazine.
Throughout the first three quarters of 2022, the capital markets, in general, have deteriorated, and the market for hospitality financing has cratered. While this sounds ominous, there is still historically attractive capital available for the right sponsors. Interest rates have risen from the artificially low levels created in response to the Great Recession but are still at levels where financing makes sense. Sophisticated lenders have taken the opportunity to pick opportunities in today’s world of […]
The post Financing in an ‘Unfinanceable World’ appeared first on LODGING Magazine.
CHICAGO—Travelers are prioritizing experiences and connections this holiday season with rooms revenue pacing 30 percent ahead of 2019 for resort locations worldwide, according to Hyatt Hotels Corporation. With leisure travel still in high demand, Hyatt shared the travel trends for global guests. Hotels and resorts are delivering on the festive spirit this time of year with seasonal décor, food, music, and more. According to a global survey commissioned by Hyatt and conducted by OnePoll, nearly […]
The post Hyatt Survey Finds Holiday Season Travelers Prioritize Connecting With Loved Ones appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released its U.S. monthly meetings and events data for November, reporting that November 2022 achieved 103.1 percent of November 2019 volume, passing monthly pre-pandemic levels for the first time. Knowland reports November this year with 122.5 percent growth over November 2021. In line with native seasonality, November 2022 declined by 11 percent over October 2022: Increase over 2019 in average attendees per event—The average number of attendees per event for November 2022 was […]
The post Knowland: U.S. Monthly Meetings Exceed Pre-Pandemic Levels for First Time appeared first on LODGING Magazine.
WASHINGTON, D.C.—The American Hotel & Lodging Association announced the dates, cities, and registration information for its 2023 On The Road State Hotel Conferences. The conferences provide hoteliers, suppliers, and service providers opportunities to connect with peers as well as give hospitality and policy leaders the ability to learn about the latest news and information affecting the hotel and lodging industry. The half-day, free events are part of AHLA’s On The Road Events Series and are […]
The post AHLA Announces 2023 On The Road State Hotel Conferences appeared first on LODGING Magazine.
Atrium Hospitality announced three leadership promotions within the company: Anneliesse Cooper has advanced to chief human resources officer; Chris O’Donnell has been appointed to chief operating officer; and Michael Tyler has been promoted to vice president, capital planning and new facilities, a newly created role. First Hospitality has promoted Dan Smith to executive vice president of owner success. Smith will oversee First Hospitality’s overall business development activities for all third-party management business and lead owner […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Marriott International, Inc., announced plans to introduce more than 35 luxury hotels in 2023. With brands including The Ritz-Carlton, Ritz-Carlton Reserve, St. Regis, W Hotels, The Luxury Collection, EDITION, JW Marriott, and Bulgari Hotels & Resorts, Marriott International has a footprint of nearly 500 luxury hotels and resorts in 68 countries and territories and has more than 200 luxury properties in the development pipeline. From Kenya to Singapore and Japan to Mexico, more than 35 […]
The post Marriott Plans to Introduce Over 35 Luxury Hotels in 2023 appeared first on LODGING Magazine.
Vignette Collection, the latest addition to IHG’s Luxury & Lifestyle portfolio, celebrates the first anniversary of its inaugural property opening, Hotel X Brisbane Fortitude Valley with expansion across the globe. The hotel collection has a growing portfolio of 14 properties, with two already open in Brisbane and Bangkok, and is on track to secure more than 100 properties in 10 years. Vignette Collection has hotels for guests seeking stay experiences in urban and resort locations […]
The post IHG’s Vignette Collection Announces 14 Properties in First Year of Growth appeared first on LODGING Magazine.
Brussels—Radisson Hotel Group joined the Global Sustainable Tourism Council (GSTC) to drive forward the hospitality industry’s sustainability agenda and support the development of integrated sustainable tourism practices. Radisson Hotel Group has been focused on climate action in the hospitality industry, including implementing the goal of achieving Net Zero by 2050; moving towards sustainability, renewable energy, green building design, and green mobility; and establishing of the Hotel Sustainability Basics. Radisson Hotel Group’s membership in the GSTC […]
The post Radisson Hotel Group Joins Global Sustainable Tourism Council appeared first on LODGING Magazine.
ATLANTA—Davidson Resorts, the operating vertical under Davidson Hospitality Group, has been selected by JEMB Realty to operate Wyndham Grand Clearwater Beach in Clearwater Beach, Florida. The oceanfront resort is comprised of 343 guestrooms; three restaurants and bars; Pallavi spa; nearly 22,000 square feet of indoor/outdoor event space; a resort pool; a fitness center; retail shops; and more. “We are proud to expand our Florida footprint further with the addition of this spectacular waterfront resort,” said […]
The post JEMB Realty Selects Davidson Resorts to Operate Wyndham Grand Clearwater Beach appeared first on LODGING Magazine.
MIAMI—CL Hotels announced it has closed the acquisition of Coachman Hotel, a 104-room boutique property, located in South Lake Tahoe, California. “The acquisition of Coachman in such a challenging financial market demonstrates the strength of CL Hotels and our permanent commitment to curate properties that will bring excellent results to our investors,” said Joao Woiler, CL Hotels managing partner. “The purchase comes along with a multi-million investment plan that is focused on expanding room offer, […]
The post CL Hotels Closes Acquisition of Coachman Hotel, Names Aimbridge’s Evolution Lifestyle Division as Operator appeared first on LODGING Magazine.
SAN RAFAEL, CALIFORNIA—LRE & Companies, a full spectrum real estate development, asset manager, construction, and hotel management company, and American Hospitality Services, Inc., a development and hotel management company acting as sponsor, operating partner, and asset manager of strategic commercial real estate assets, have unveiled the plans for Roseville Junction, a new mixed-use project in Placer County, California, one of the state’s fastest-growing counties. “Without a doubt, Roseville Junction is in a class of its […]
The post LRE & Companies and American Hospitality Services Plan Mixed-Use Project in California appeared first on LODGING Magazine.
SAN FRANCISCO—Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, released findings from a global survey on consumer sentiment on social media content of travel brands and traditional travel influencers. Kimpton polled more than 4,000 people from Australia, Japan, the United Kingdom, and the United States and found an overwhelming need for more authentic and varied travel content as well as a demand for travel brands to show inclusive and […]
The post Kimpton Hotels & Restaurants Finds Consumer Sentiments About Travel-Related Social Media Content appeared first on LODGING Magazine.
BETHESDA, Maryland—Marriott International announced that Delta Hotels by Marriott has opened its 100th property—Delta Hotels by Marriott, Dubai Investment Park—bringing the brand’s travel experience to the city’s gated enclave. Delta Hotels by Marriott now offers two properties in Dubai and three overall in the Middle East, providing travelers with opportunities to explore the destination. “From its beginnings in Canada to its current growing diverse portfolio around the world, this opening marks an exciting milestone in […]
The post Delta Hotels by Marriott Opens 100th Property appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation shared plans for the continued global growth of its Independent Collection brands, including recent openings and the development pipeline through 2025 across The Unbound Collection by Hyatt, Destination by Hyatt, and JdV by Hyatt brands. “Each brand in the Independent Collection offers distinct properties that are all unique and feature one-of-a-kind experiences for every occasion with more than 100 properties worldwide across all three brands—from on-site beekeeping and aerial yoga at Rancho […]
The post Hyatt Details Plans to Grow Independent Collection Brands Globally appeared first on LODGING Magazine.
ATLANTA — IHG Hotels & Resorts (IHG) announced the signing of its first Vignette Collection hotel in the United States in McMinnville, Oregon. Scheduled to break ground in late 2023 and open in 2025, The Gwendolyn will occupy a coveted location along McMinnville’s historic Third Street retail and cultural district in the heart of the state’s famed Willamette Valley wine region and one hour’s drive from the state’s Pacific coast and downtown Portland. A first-of-its-kind […]
The post IHG Signs First U.S. Vignette Collection Hotel in Oregon appeared first on LODGING Magazine.
WASHINGTON, D.C. — The American Hotel & Lodging Association (AHLA) today announced Responsible Stay, an industry-wide commitment to make meetings, events, and guest experiences in America’s hotels more environmentally and socially responsible. Responsible Stay is focused on prioritizing hotels’ environmental sustainability efforts in four key areas: Energy efficiency: Optimizing energy efficiency through operational improvements and adoption of clean energy technologies; Waste reduction: Investing in waste reduction programs and new, innovative alternatives to reduce, reuse, and […]
The post AHLA Launches ‘Responsible Stay’ Sustainability Initiative appeared first on LODGING Magazine.
PPDS reaffirmed its commitment to supporting sustainability in the AV industry with a strategy that is designed to help the hospitality industry reduce its electronic waste and enhance its green credentials. Through its commitment, the company will bring more energy-efficient products to market, reconfigure and reduce packaging, and provide access to information on energy consumption for more environmentally focused business buying decisions. The declaration was made by Martijn van der Woude, head of global business […]
The post PPDS Reaffirms Commitment to Supporting Sustainability appeared first on LODGING Magazine.
NEW YORK—Taconic Capital Advisors LP and HEI Hotels & Resorts announced that they have jointly acquired Hyatt Regency Jersey City from affiliates of Hyatt Hotels Corporation and Veris Residential Inc. The property is a full-service, 351-key hotel located adjacent to Exchange Place situated on a pier extending over the Hudson River in Jersey City, New Jersey. In conjunction with the purchase, Taconic and HEI were successful in assuming a $100 million fixed-rate CMBS mortgage with […]
The post Taconic and HEI Acquire Hyatt Regency Jersey City appeared first on LODGING Magazine.
Vīb, BWH Hotel Group’s upper midscale to upper boutique brand, has debuted in Denver’s River North Art District (RiNo). With a minimal footprint ideal for urban and dense suburban areas, the brand features a stylish, contemporary design with spaces that invite collaboration and socialization. The prototype is engineered to be cost-effective to build and to maximize operational efficiency. Standard amenities include free WiFi in the lobby and guestrooms, meeting facilities, a fireplace lounge, and a […]
The post Designed for Urban Markets: Vīb Denver RiNo appeared first on LODGING Magazine.
WASHINGTON—Hospitality is Working, an affiliate of the American Hotel & Lodging Association (AHLA), launched the Workforce & Immigration Initiative to emphasize the need for Congress to support the U.S. workforce and economy through bipartisan solutions. Accompanying the launch, the Workforce & Immigration Initiative released a six-figure digital advertising campaign in Washington, D.C. and key states, as well as a new survey underscoring respondents’ support for reform that prioritizes the U.S. workforce. Nearly all hotels are […]
The post Hospitality is Working Launches Workforce & Immigration Initiative to Support U.S. Workforce appeared first on LODGING Magazine.
DALLAS, Texas—Remington Hotels announced Chris Green’s promotion from divisional president to president. Green has 25 years of hospitality operations experience and a reputation for leading teams with honesty and integrity. Green joined Remington Hotels in April after the company joined forces with Chesapeake Hospitality, where he served as CEO. Under his leadership, the company had a reputation as a results-driven, culture-forward organization with an eye for helping clients achieve their potential through guest experiences. His […]
The post Remington Hotels Promotes Chris Green to President appeared first on LODGING Magazine.
NEW YORK—Blackstone Real Estate Income Trust, Inc. (BREIT) and VICI Properties Inc. announced jointly that they have entered into a definitive agreement in which VICI, currently the owner of a 50.1 percent interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, will acquire BREIT’s 49.9 percent interest in the joint venture for cash consideration of approximately $1.27 billion and VICI’s assumption of BREIT’s pro-rata share of the existing property-level […]
The post VICI to Acquire Blackstone’s Interest in MGM Grand Las Vegas and Mandalay Bay Joint Venture appeared first on LODGING Magazine.
HILTON HEAD ISLAND, South Carolina—The Westin Hilton Head Island Resort & Spa announced that it has embarked on a $10 million renovation to reimagine the resort’s existing 416 guestrooms to grow to 419 rooms including 32 suites. The renovation has a scheduled completion and reveal slated for Spring 2023. During the renovation, the resort will remain open with no impact on other areas. The Westin Hilton Head Island Resort & Spa has tapped Ellis Adams […]
The post The Westin Hilton Head Island Resort & Spa Begins Renovation appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Due to the Thanksgiving holiday, U.S. hotel performance came in lower than the previous week and showed mixed comparisons to 2019, according to STR’s latest data through November 26, 2022. U.S. Hotel Performance November 20-26, 2022 Percentage change from comparable week in 2019: Occupancy: 50.4 percent (down 0.5 percent) ADR: $135.49 (up 20.4 percent) RevPAR: $68.27 (up 19.9 percent) Among the Top 25 Markets, Minneapolis reported the largest occupancy increase over 2019 (up 7.6 […]
The post STR: Thanksgiving Holiday Affects U.S. Weekly Hotel Performance appeared first on LODGING Magazine.
PHOENIX—BWH Hotel Group announced that SureStay Hotel Group has surpassed 400 properties around the world with 250 hotels now open in North America. In the premium economy segment, SureStay Hotel Group is expanding its presence across markets and offers a selection of hotels with different features and amenities. Launched six years ago, SureStay Hotel Group has remained a fast-growing brand that offers travelers consistent levels of comfort, cleanliness, and service. “Economy hotel development has proven […]
The post SureStay Hotel Group Surpasses 400 Properties Worldwide appeared first on LODGING Magazine.
WASHINGTON, D.C.—The Morrow Hotel, Curio Collection by Hilton, has opened its doors. The hotel brings art-based accommodations, dining, and nearly 12,000 square feet of meetings and events space to NoMa, one of Washington, D.C.’s creative districts. From Trammell Crow Company and MetLife Investment Management, The Morrow marks a new era for NoMa’s 3rd Street District, which is a hub of culture, culinary options, and experiences for locals and guests alike. “We set out, along with […]
The post The Morrow Hotel, Curio Collection by Hilton, Opens in Washington, D.C. appeared first on LODGING Magazine.
NEWPORT NEWS, Virginia—Mumford Company completed the sale of two limited-service hotels in Virginia’s Shenandoah Valley. In two separate transactions, Mumford Company represented Dominion Lodging, Inc, in the sale of the Sleep Inn of Staunton, Virginia, to HWY81 Hotel, LLC, and the nearby Best Western of Staunton to North Star BW Staunton, LLC. Both purchasers are regional hotel owners and operators with portfolios across the mid-Atlantic region. Each property will retain its current brand affiliation after […]
The post Mumford Company Completes Sale of Two Limited-Service Hotels in Virginia appeared first on LODGING Magazine.
BOSTON and THE WOODLANDS, Texas—From the demand for outdoor meeting spaces to less prescriptive social gatherings, Benchmark Resorts & Hotels, the independent division of Pyramid Global Hospitality, has tapped over 60 of its properties to gauge their outlooks for meetings in 2023 and find the trends driving group travel. Per Eric Gavin, chief commercial officer of the luxury & lifestyle division of Pyramid Global Hospitality, “There has been a huge surge in group demand for […]
The post Benchmark Resorts & Hotels Reports 2023 Outlook for Group and Meeting Trends appeared first on LODGING Magazine.
IHG Hotels & Resorts appointed Peter Palli as senior vice president, property, owner, and stay experience products and platforms. In this role, Palli will lead the team responsible for developing technology solutions that enhance the on-property experience. McKibbon Hospitality has announced the promotion of two corporate leaders: Lynn Prater has been promoted to executive vice president of revenue generation, and Michael Thomas has been promoted to vice president of business intelligence and technology. In addition, […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Cambria Hotels continued its expansion across the Twin Cities with the opening of the Cambria Hotel Minneapolis Downtown. The six-story, 121-room hotel joins the nearby Cambria Hotel Minneapolis Maple Grove and Cambria Hotel Bloomington Mall of America Minneapolis Airport to further the brand to urban destinations. The Cambria Hotel Minneapolis Downtown is located within the Gateway District and is nearby restaurants, breweries, and riverfront attractions. The hotel is also within close proximity to Target […]
The post Cambria Hotel Minneapolis Downtown Opens appeared first on LODGING Magazine.
MCLEAN, Virginia—Motto by Hilton marks a milestone with its international debut in the Caribbean and Europe with the openings of Motto by Hilton Tulum and Motto by Hilton Rotterdam Blaak. The expansion of Motto by Hilton in the Caribbean and Europe provides more options for travelers looking to stay in these markets. “This is an exciting chapter for Motto by Hilton as it expands globally, underscoring the strength of the brand and its appeal to […]
The post Motto by Hilton Debuts in the Caribbean and Europe appeared first on LODGING Magazine.
PROVO, Utah—Dynamic City Capital (DCC) announced the acquisition of The Charter Hotel Seattle, Curio Collection by Hilton. The Charter Hotel is the only Curio Collection by Hilton hotel in the Seattle/Bellevue market and opened in 2018. “We are excited to expand our presence in the Seattle Bellevue market. The Charter Hotel is a distinct, unique, and highly prized premium hotel in a prime market and a wonderful addition to our portfolio,” stated Joel Sybrowsky, DCC’s […]
The post Dynamic City Capital Acquires The Charter Hotel Seattle, Curio Collection by Hilton appeared first on LODGING Magazine.
WAYNE, Pennsylvania—Gulph Creek Hotels announced that the company has been selected to manage Hotel Warner in downtown West Chester, Pennsylvania, located at the corner of High and Chestnut Streets. Management of the Hotel Warner represents an expansion of Gulph Creek Hotels’ independent boutique portfolio, along with the recent additions of the Mariner Inn and Spray Beach Hotel on the New Jersey shore and the WannaB Inn in Manasota Key, Florida. “Hotel Warner is unique to […]
The post Hotel Warner Selects Gulph Creek Hotels as Property Manager appeared first on LODGING Magazine.
PHOENIX, Arizona—WorldHotels Collection announced the expansion of its hotel offerings in North America, South America, and Europe with 13 new properties. The recent additions to the portfolio include the launch of the WorldHotels brand in Canada, the introduction of Crafted in Germany, and a new resort in Brazil. “I am thrilled to announce the continued expansion of the growing WorldHotels brand,” said Ron Pohl, president of international operations and president of WorldHotels, BWH Hotel Group. […]
The post WorldHotels Collection Expands Offerings With 13 New Properties appeared first on LODGING Magazine.
DOWNEY, California — Kamla Hotels announced that the SpringHill Suites by Marriott in Downey, California is now open. The 140-suite hotel is nearby Southern California attractions and locations, including beaches, Disney Theme Parks, and medical centers. Located 18 miles from Los Angeles International Airport, the four-story hotel is also nearby the Stonewood Shopping Center; the Downey Civic Center, Downey Theatre; and shopping, dining, and entertainment options. “We are thrilled to debut the SpringHill Suites by […]
The post Kamla Hotels Opens SpringHill Suites by Marriott in Downey, California appeared first on LODGING Magazine.
MYRTLE BEACH, South Carolina—iBorrow announced that it has provided financing to a Los Angeles-based investor in commercial real estate and technology companies for its acquisition of the Sandcastle Oceanfront Resort, a 240-key beachfront resort hotel in Myrtle Beach, South Carolina. The $14.3 million financing, secured by iBorrow, provides funds for the purchase and capital improvements of the hotel. “Post-COVID vacation travel and the ability to work from anywhere make resort-oriented properties in warmer climates an […]
The post iBorrow Provides Financing for Sandcastle Oceanfront Resort Acquisition appeared first on LODGING Magazine.
DALLAS—For the second year in a row, Motel 6 is working to make winter sports more accessible to children and individuals across the United States through partnerships that aim to ease the financial burdens of skiing and snowboarding. Through its partnership with the Share Winter Foundation—an organization dedicated to improving the lives, health, and fitness of children through winter sports—Motel 6 is funding the transportation to and from ski resorts for over 200 children from […]
The post Motel 6 and Its Partners Work to Make Winter Sports More Accessible appeared first on LODGING Magazine.
CHICAGO—Hyatt and Dream Hotel Group announced an agreement for a Hyatt affiliate to acquire Dream Hotel Group’s lifestyle hotel brand and management platform including the Dream Hotels, The Chatwal Hotels, and Unscripted Hotels brands, with properties in hotel markets across the Americas, Europe, and Asia. The acquisition will include a portfolio of 12 managed or franchised lifestyle hotels, with another 24 signed long-term management agreements for hotels expected to open in the future. Upon closing, […]
The post Hyatt Announces Plans to Acquire Dream Hotel Group appeared first on LODGING Magazine.
VANCOUVER, Canada—Level Hotels & Furnished Suites, known for its apartment-style accommodations and amenities, announced it will be expanding its portfolio with three new U.S. locations. Coming in 2023, Level Hotels & Furnished Suites will open up properties in Long Beach, Hollywood, and Chicago for extended stays of over 30 days. In Spring 2023, Level Long Beach will open with 32 units ranging from 709 to 1,118 square feet. Guests will have the option of a […]
The post Level Hotels & Furnished Suites to Open Three U.S. Properties in 2023 appeared first on LODGING Magazine.
ATLANTA—JLL’s Hotels & Hospitality Group announced that it has closed the $55 million sale of six Hyatt Place branded select-service hotels totaling 754 keys across the U.S. Southeast, Texas, and Kansas. JLL worked on behalf of Argentic Services Company LP as a servicer for the seller’s two CMBS Trusts in the sale of the properties to HKB Hotel Group, LLC (HKB was advised by ThornOak Capital). The properties were offered unencumbered by management and with […]
The post JLL’s Hotels & Hospitality Group Closes Sale of Six Hyatt Place Hotels appeared first on LODGING Magazine.
CHICAGO—Adding to its portfolio of independent and full-service properties, First Hospitality assumed management of the Inn on Sheridan, a boutique hotel in Zion, Illinois, on November 1, 2022. The company also added the Holiday Inn Express Cincinnati West to its roster of branded hotels. This marks First Hospitality’s first properties in both markets. “The addition of both properties is a meaningful step in our overall growth strategy, especially as we continue to diversify our branded […]
The post First Hospitality Assumes Management of Two Hotels appeared first on LODGING Magazine.
NEW YORK CITY—Location data company Arrivalist estimates 51 million U.S. travelers will use an automobile during the Thanksgiving holiday (Wednesday through Sunday). Volume is predicted to exceed 2019 road trips by 1.8 percent. Arrivalist’s Daily Travel Index has been trending positively for the last four weeks, showing a 5 percent increase in road trip travel over 2019 and a 7 percent increase compared to 2021 levels. “Looming recession concerns and high airline ticket prices are […]
The post Arrivalist: 51 Million U.S. Travelers Will Use an Automobile During the Thanksgiving Holiday Weekend appeared first on LODGING Magazine.
SEATTLE—Expedia Group unveiled a comprehensive view of trends across the broader travel industry in 2023. Sourced from the company’s first-party data and from custom research of thousands of travelers and industry professionals across 17 countries, these travel trends prove there is no “one-size-fits-all” approach to travel in 2023. Instead, these trends point to a year defined by the “no-normal.” “When we look at Expedia, Hotels.com, and Vrbo data together, we see a detailed and robust picture […]
The post Expedia Group Reports 2023 Trends Across the Broader Travel Industry appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation. The updated forecast lowered occupancy by less than a percentage point for 2022. “As expected, group business […]
The post STR and TE Adjust U.S. Hotel Forecast to Reflect Slightly Lower Occupancy Projections appeared first on LODGING Magazine.
ASHEVILLE, North Carolina—Following weeks of preliminary groundwork, construction has officially begun on the new Moxy Asheville, North Carolina’s first Moxy Hotel. Upon planned completion in early 2024, the hotel will have 115 guestrooms, the brand’s Bar Moxy and lobby, and an independent rooftop bar and restaurant. Moxy Asheville will connect to the existing Aloft Asheville Downtown to form a new dual-brand offering. Although the hotels will have separate lobbies and elevators, they are set to […]
The post Construction Begins on Moxy Asheville, the First Moxy Hotel in North Carolina appeared first on LODGING Magazine.
NOVI, Michigan—Fortis announced the company is expanding its technology solutions by acquiring Payment Logistics, a payment technology company based in La Jolla, California. Payment Logistics brings embedded payment partnerships and solutions, as well as an experienced team to the Fortis family. Founded in 2003 to provide reliable and secure payment technologies, Payment Logistics has partnerships that process a volume of transactions across businesses on an annual basis. The team has created partnerships with developers, software […]
The post Fortis Expands Tech Solutions by Acquiring Payment Logistics appeared first on LODGING Magazine.
MIAMI, Florida—Local dignitaries and hospitality professionals gathered in Downtown Miami to celebrate the official opening of The Elser Hotel & Residences. The event was officiated by Highgate, the hotel’s management company, alongside national developer PMG, real estate private equity firm Greybrook, the Miami Beach Chamber of Commerce, and Government Liaison Tomas Alcala. “The opening of The Elser Hotel will be a special addition to the vibrant hospitality scene here in Miami,” said Jeff Toscano, executive […]
The post The Elser Hotel & Residences Opens appeared first on LODGING Magazine.
With more travelers taking their pets on vacation, Homes & Villas by Marriott Bonvoy and Petco Health + Wellness Company, are joining to grow the vacation experience for pet parents and their family members. The Homes & Villas by Marriott Bonvoy booking website will have“Pet-Friendly Picks by Petco” with vacation properties that meet Petco’s standards for pet safety, health, and wellness for both dogs and cats among the platform’s more than 80,000 properties. In addition, […]
The post Homes & Villas by Marriott Bonvoy Partners With Petco Health + Wellness Company appeared first on LODGING Magazine.
SAN FRANCISCO and MINNEAPOLIS—Flynn Properties Inc. in a joint venture with Värde Partners announced that it has acquired an 80 percent joint venture interest in 89 select-service and extended-stay hotels in a $1.1 billion implied total enterprise value transaction from affiliates of Highgate and Cerberus Capital Management, L.P. With properties located throughout the United States, the portfolio comprises 58 Marriott-branded hotels, 24 Hilton-branded hotels, four Radisson-branded hotels, two IHG-branded hotels, and one Choice-branded hotel, which […]
The post Flynn Properties and Värde Partners Acquire 80 Percent Joint Venture Interest in 89 Properties appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton and Hallmark Channel have partnered to give travelers, fans, and viewers alike the chance to live inside one of the network’s “Countdown to Christmas” movies. Guests can enjoy watching Hallmark Channel holiday movies during their stay from the comfort of Hallmark Channel “Countdown to Christmas” Holiday Suites by Hilton at three Hilton Hotels & Resorts properties across the United States. Guests can stay in a “Cozy Christmas” suite at Hilton Chicago, a “SoCal […]
The post Hilton and Hallmark Channel Partner for Holiday-Themed Suites appeared first on LODGING Magazine.
CHARLOTTE, North Carolina, and ALPHARETTA, Georgia—Atrium Hospitality announced the completion of a property-wide renovation of the 275-suite Hilton Charlotte Airport in North Carolina, giving the property 28,300 square feet of meeting space. The hotel’s two-year capital improvements spanned shared areas, guest suites, and event spaces. “Our Queen City hotel has been a leader in upscale hospitality services and events in the CLT Airport market and Uptown Charlotte for years. We’re pleased to build on that […]
The post Atrium Hospitality Completes Hilton Charlotte Airport Renovation appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland introduced Market Snapshot, which delivers data insights sales leaders can use to understand markets, define sales strategies, and grow group business share. In an ever-changing competitive landscape, hospitality professionals should understand how market trends change and define those impacting their business. Property leaders and sales managers often only have the ability to examine their own trends, making it impossible to see the landscape of their market. Market Snapshot offers insights into market performance […]
The post Knowland Introduces Market Snapshot Feature for Understanding Data Insights appeared first on LODGING Magazine.
Dallas-based NewcrestImage has closed on a portfolio of 45 hotels that includes 35 Marriott-branded, seven Hilton-branded, and three Choice-branded properties in 11 states: Arkansas, Colorado, Illinois, Iowa, Kansas, Michigan, Minnesota, North Dakota, Ohio, South Dakota, and Texas. The transaction, which totals approximately 3,300 rooms, was announced in early September. NewcrestImage has retained the management companies that were previously in place for the properties, which are Aimbridge Hospitality and HHM Hospitality. “Each of these hotels represents […]
The post NewcrestImage Completes 45-Hotel Portfolio Acquisition appeared first on LODGING Magazine.
ATLANTA—IHG Army Hotels and Lendlease announced the opening of the Candlewood Suites hotel on Aberdeen Proving Ground in Aberdeen, Maryland. With 69 guestrooms and nearly 50,000 square feet, the newly constructed Candlewood Suites on Aberdeen Proving Ground is the latest extension of the engagement between IHG, Lendlease, and the Privatized Army Lodging (PAL) initiative. The hotel also represents the 16th Candlewood Suites property made possible through PAL, which now supports more than 12,000 hotel rooms […]
The post Candlewood Suites on Aberdeen Proving Ground Opens appeared first on LODGING Magazine.
Red Roof’s 2022 Brand Conference, held at The Broadmoor in Colorado Springs, Colorado, took a lighthearted approach to welcoming over 1,000 franchisees, owners, and hotel workers. Along with the merriment that came with seeing colleagues and peers in person after a while apart, general sessions energized attendees with entertaining features such as a Good Morning Red Roof morning show spoof. But although the conference was a cheerful occasion, Red Roof also shared several important updates, […]
The post Family First: Red Roof Treats Franchisees to News and Updates at 2022 Brand Conference appeared first on LODGING Magazine.
CARLSBAD, California—Beach Terrace announced the completion of a $5.5 million renovation with property-wide upgrades, including refreshed guestrooms, lobby, and pool and beach experience. Beach Terrace is a family-owned and operated boutique hotel that has been around for over 60 years. The latest upgrades capture the spirit of the North Shore of San Diego, the destination of Carlsbad Village, and the Southern California coastline. To create a new look for its guestrooms, the 48-room property partnered […]
The post Beach Terrace Completes Property-Wide Renovation appeared first on LODGING Magazine.
STAMFORD, Connecticut—Spectrum Enterprise announced that Preferred Hotels & Resorts has chosen to partner with the company to provide options for technology solutions to its portfolio of hotels in the United States. As an addition to the brand’s Alliance Partner Program, Spectrum Enterprise will offer member properties a process to modernize their network operations for the guest experience and automate and integrate front and back-office operations. “This new partnership with Spectrum Enterprise creates a turnkey opportunity […]
The post Spectrum Enterprise Announces Partnership With Preferred Hotels & Resorts appeared first on LODGING Magazine.
NEWTON, Massachusetts—Sonesta International Hotels Corporation announced the opening of Regency Miami Airport by Sonesta, the first Sonesta-branded franchise property located in the greater Miami, Florida market. Brian Quinn, chief development officer of Sonesta, said, “The addition of Regency Miami Airport by Sonesta is part of our plan to expand the Sonesta brand in key airport destinations. Our presence in a gateway city like Miami is important for our lodging development team and builds upon our […]
The post First Sonesta Branded Franchise Property in Miami Opens: Regency Miami Airport by Sonesta appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee — U.S. hotel performance came in higher than the previous week and showed improved comparisons to 2019, according to STR’s latest data through November 12, 2022. U.S. Hotel Performance November 6-12, 2022 Percentage change from comparable week in 2019: Occupancy: 64.6 percent (up 0.9 percent) ADR: $148.43 (up 17.1 percent) RevPAR: $95.89 (up 18.2 percent) Among the Top 25 Markets, Norfolk/Virginia Beach reported the largest occupancy increase over 2019 (up 14.3 percent to […]
The post STR: Overall U.S. Hotel Performance Shows Improvements appeared first on LODGING Magazine.
PHOENIX—The Arizona Opportunities Industrialization Center (OIC) and Phoenix-based Thunderbird Legacy Development announced the joint creation of the Arizona Hospitality Academy (AHA), a vocational training program. As a new division within the Arizona OIC, the AHA is set to open in March 2023 and will offer training for jobs within the hospitality industry. Through partnerships with local governments, hotel companies and operators, and trade associations, the AHA will aim to train and place job-ready candidates into […]
The post Arizona Hospitality Academy for Vocational Training to Open in 2023 appeared first on LODGING Magazine.
LOS ANGELES, California—Anything Hotel announced a strategic partnership with OpenHotel, a cloud-based PMS. The partnership aligns the two companies to offer hotels and resorts technology and marketing. OpenHotel’s software platform services a variety of properties including chains, small independents, boutiques, and homes. “Anything Hotel has been able to help clients across our portfolio and can customize their solutions to fit specific needs, “ said OpenHotel CEO, Jeff Herrin. “Anything Hotel has a deep industry understanding […]
The post Anything Hotel and OpenHotel Announce a Strategic Partnership appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Extended Stay America celebrated the groundbreaking of the Extended Stay America Premier Suites Duncan property located in Duncan, South Carolina. The franchised property is being developed and managed by VMV Capital and is located off I-85 in Spartanburg County between Greenville and Spartanburg. The four-story, 88-room Extended Stay America Premier Suites will have WiFi, breakfast, cable, a fitness room, onsite guest laundry, and a lobby with additional vending options. In addition, the rooms […]
The post Extended Stay America Premier Suites Duncan Breaks Ground appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 15.8 percent in October 2022 to a level of 5,286. Year to date through the first 10 months of 2022, the stock index was down 8.0 percent. “October was a strong rebound month for hotel stocks, and they recouped all their losses from the prior two months,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Importantly, both the global hotel brands and the […]
The post Baird/STR Hotel Stock Index Increased 15.8 Percent During October 2022 appeared first on LODGING Magazine.
Aimbridge Hospitality introduced Patrick Volz as chief operating officer, global operations. In this newly created position, Volz will oversee hotel finance, as well as owner relations, brand partnerships, and transitions, while leading Aimbridge Food & Beverage. Most recently has served as president and chief operating officer of Blackstone Real Estate Hotels & Resorts. Extended Stay America announced the addition of three new team members to its executive leadership team and executive vice president roles: Elizabeth […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
PHOENIX—WorldHotels announced the launch of the WorldHotels brand in Canada with the introduction of nine hotels across its Luxury, Elite, and Crafted Collections. The properties are all owned by Prestige Hotels & Resorts. With this expansion, travelers in Canada can experience the WorldHotels brand. “This expansion into Canada is monumental for the WorldHotels brand and we’re thrilled to be joining with Prestige Hotels & Resorts, such a well-respected Canadian hotel company,” said Ron Pohl, president […]
The post WorldHotels Expands Into Canada With Nine Hotels appeared first on LODGING Magazine.
Naples Hotel Group has acquired two management contracts in Tampa. The hotels are the Holiday Inn Express & Suites Tampa East – Ybor City and Holiday Inn Express & Suites St. Petersburg North (I-275). Naples Hotel Group has a growing presence in Tampa, with seven properties in the greater Tampa area and a total portfolio of 20 hotels. Naples Hotel Group located its operations team in Tampa in 2019 to attract talent and have a […]
The post Naples Hotel Group Acquires Two Holiday Inn Express & Suites Management Contracts appeared first on LODGING Magazine.
ATLANTA—Hunter Hotel Advisors (HUNTER) announced the sale of the Trianon Old Naples in Naples, Florida. Ocean Properties purchased the 58-room property. Robert Taylor and Sophia Pittaluga of HUNTER’s Miami Office arranged the sale on behalf of the seller. HUNTER continues to work in this region, having sold 30 properties in Florida worth more than $662 million year-to-date. The Trianon Old Naples is centrally located in the Old Naples neighborhood. The hotel is just a block […]
The post HUNTER Announces Sale of Trianon Old Naples appeared first on LODGING Magazine.
CHICAGO—JLL’s Hotels & Hospitality Group has arranged $40 million in construction financing for the development of Graduate Auburn, a 177-key hotel in Auburn, Alabama. JLL worked on behalf of the sponsor, Adventurous Journeys Capital Partners (AJ Capital), in securing the five-year, floating-rate loan with Southern States Bank. Upon completion, the hotel will offer a mix of traditional guestrooms and suites, approximately 10,000 square feet of meeting and event space, and two food and beverage outlets, […]
The post JLL’s Hotels & Hospitality Group Arranges Financing for Graduate Auburn Development appeared first on LODGING Magazine.
BETHESDA, Maryland—myDigitalOffice (MDO) released an online sustainability calculator and certification program aimed at showing hotel owners and operators dedicated to reducing their environmental footprint. The calculator allows any hotel company to enter information specific to their sustainable operating processes and apply for MDO Sustainability Certification, which can be included in the organization’s environmental, social, and governance (ESG) materials, including requests for event proposals. Companies are prioritizing sustainability and building a better future. Recent studies show […]
The post myDigitalOffice Launches Online Sustainability Calculator and Certification Program appeared first on LODGING Magazine.
PROVIDENCE, Rhode Island—TPG Hotels & Resorts announced it has started a renovation of the Renaissance Boca Raton Hotel, located in Boca Raton, Florida. The company is dedicating millions of dollars to the renovation, which will focus on guestrooms, guest corridors, club lounge, meeting spaces, lobby, fitness center, elevators, resort-style pool, bar, exterior, back of the house facilities, and the introduction of a restaurant from Meat Market. The exterior renovations include paving, hardscaping, landscaping, and the […]
The post TPG Hotels & Resorts Begins Renaissance Boca Raton Hotel Renovation appeared first on LODGING Magazine.
Especially in these volatile post-pandemic times, purchasing hotel products—from FF&E to F&B—calls for resourcefulness and foresight. Challenged by both price increases and supply chain disruptions, buyers do well to exercise all the best practices at their disposal, including flexibility in product selection when possible, closely monitoring price fluctuations, exploiting volume buys, and maintaining regular communications with suppliers. Several of the industry’s top purchasing agents spoke with LODGING about how they are approaching the current market, […]
The post Prowess in Purchasing: Top Agents Share Their Approaches to Today’s Market Challenges appeared first on LODGING Magazine.
MCLEAN, Virginia—If 2022 was the year of the changed traveler, 2023 is the year of the evolved traveler. Hilton released its 2023 trends report, The 2023 Traveler: Emerging Trends That Are Innovating the Travel Experience, a Report From Hilton, which reveals the latest consumer expectations following a year when travelers showed up in record numbers. Based on a global survey and analysis of current travel trends, today’s travelers are looking for a balance of technological […]
The post Hilton 2023 Trends Report Reveals Latest Traveler Expectations appeared first on LODGING Magazine.
NEEDHAM, Massachusetts—Tripadvisor released its latest Seasonal Travel Index, providing a preview and outlook for travel demand and patterns for the months of December 2022 to February 2023. Overview Globally, the desire to travel shows no sign of abating, with more than two-thirds (67 percent) of respondents planning to travel this upcoming season and the majority of those (82% percent) planning one to two trips. Almost 9 in 10 respondents (89 percent) will travel the same […]
The post Tripadvisor Previews Outlook and Patterns in Latest Seasonal Travel Index appeared first on LODGING Magazine.
DENVER, Colorado; ATLANTA, Georgia; & WASHINGTON, D.C.—HREC Investment Advisors announced it has arranged the sale of the 112-room Aloft Sugarloaf/Lawrenceville, located in Lawrenceville, Georgia. The hotel was acquired by an affiliate of The RADCO Companies. HREC Investment Advisors represented the seller, a joint venture between Emerge Hospitality Group and RevPAR Development LLC, on this transaction. The marketing and negotiations were led by Monty Levy, managing director (Atlanta and Broker of Record), and Ketan Patel, managing […]
The post HREC Investment Advisors Arranges Sale of Aloft Sugarloaf/Lawrenceville appeared first on LODGING Magazine.
In Miami’s fast-growing downtown sits the first dual-branded YOTEL / YOTELPAD Miami. With 222 guestrooms, YOTEL Miami welcomes guests for short, transient stays while YOTELPAD Miami has 231 condominium-style spaces (i.e., “pads”) for long-term guests and residents. As the brand’s first combined concept, the properties are connected through shared communal spaces and food and beverage outlets. LODGING recently visited the properties and discussed with executives where the YOTEL brand is headed next. “This is a […]
The post Flipping the Script: YOTEL’s Tech-Forward Approach to a New Concept appeared first on LODGING Magazine.
DALLAS — Braemar Hotels & Resorts Inc. announced it has entered into a definitive agreement to acquire the 210-room Four Seasons Resort Scottsdale at Troon North. The acquisition is expected to close in the fourth quarter, subject to certain customary closing conditions. Because the acquisition is subject to certain customary closing conditions, the company can give no assurance that the transaction will be consummated by such date or at all. “The acquisition of the Four […]
The post Braemar Enters Agreement to Acquire Four Seasons Resort Scottsdale at Troon North appeared first on LODGING Magazine.
CHARLESTON, South Carolina—Charlestowne Hotels announced the addition of three new properties in Tennessee, California, and Colorado. The Memphian in Tennessee, The Darling in California, and Inn at Aspen in Colorado join Charlestowne’s collection of more than 50 hotels across the country. Charlestowne was selected as the management company for these three properties due to the company’s four decades of experience with lifestyle-independent, adaptive reuse, condo-hotel, and soft branded assets. In addition to the full management […]
The post Charlestowne Hotels Adds Three Properties to Management Portfolio appeared first on LODGING Magazine.
According to the quarterly United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest construction pipelines at the end of Q3 2022 are led by Marriott International with 1,385 projects/168,725 rooms. Following Marriott is Hilton with 1,351 projects/152,383 rooms and IHG Hotels & Resorts with 787 projects/79,382 rooms. Combined, these three companies account for 66 percent of the projects and 64 percent of the rooms in the total pipeline. […]
The post Lodging Econometrics: Marriott Ends Q3 2022 Leading the U.S. Construction Pipeline appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) improved from the month prior and exceeded the pre-pandemic comparable, according to STR’s September 2022 P&L data release. Additionally, the cost of labor per available room came in higher than the pre-pandemic comparable for the first time. U.S. Hotel Performance September 2022 GOPPAR: $84.03 TRevPAR: $222.97 EBITDA PAR: $60.71 LPAR (Labor Costs): $71.52 “Labor costs moved ahead the 2019 comparable due to continued high levels […]
The post STR: U.S. Hotel GOPPAR Improves Over Previous Month and Pre-Pandemic Comparable appeared first on LODGING Magazine.
This July, Hilton rolled out a new global brand platform—“Hilton. For the Stay.”—stressing the importance of the hotel stay in the overall travel experience, as confirmed through consumer research conducted by Hilton and its agency, TBWA\Chiat\Day New York. The accompanying advertising campaign—“It Matters Where You Stay.”—extends across numerous channels and features businesswoman and philanthropist Paris Hilton and actor Catherine O’Hara. LODGING connected with Joelle Park, vice president, global enterprise, and cross brand marketing at Hilton, […]
The post Focusing on “The Stay”: Updates on Hilton’s Brand Platform and Advertising Campaign appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts unveiled the name of its 24th brand, ECHO Suites Extended Stay by Wyndham. Officially the fastest-growing brand in Wyndham’s development pipeline, the brand has 120 hotels in its pipeline across the United States (as of September 30, 2022), ahead of the company’s previously-shared end-of-year goal. “In six short months, ECHO Suites Extended Stay by Wyndham has secured its place as the fastest growing brand in our development pipeline, highlighting […]
The post Wyndham Names 24th Brand ECHO Suites Extended Stay by Wyndham appeared first on LODGING Magazine.
NEW YORK — Curacity announced a new partnership with Preferred Hotels & Resorts. Preferred Hotels & Resorts offers Curacity’s data-analysis technology and creator booking platform to its U.S.-based properties, providing member properties with access to revenue-driving and content-creation tools. “We couldn’t be more pleased to partner with Preferred Hotels & Resorts to offer their member hotels access to our platform and the exciting booking opportunities available through the creators we work with,” said Claire Hathaway, […]
The post Preferred Hotels & Resorts Partners With Curacity appeared first on LODGING Magazine.
PHOENIX, Arizona—At the company’s 2022 Annual Convention, BWH Hotel Group announced the launch of HOME by BWH. Competing in the midscale extended-stay segment, HOME by BWH was created to address the needs of both travelers and hotel developers in today’s hospitality landscape. “We know that extended-stay is an important market segment and there is tremendous demand for more options in this category, so we are extremely proud to bring a new product offering to developers […]
The post BWH Hotel Group Launches HOME by BWH appeared first on LODGING Magazine.
CHULA VISTA, California—R.D. Olson Construction announced that construction is underway on Springhill Suites by Marriott in Chula Vista, California. The five-story, 179-key hotel is expected to reach completion by December 2023. Located in Chula Vista, California, the $38 million, 127,628-square-foot project is a continuation of the firm’s San Diego presence and is an addition to the Chula Vista market with new retail and business developments. Built using wood framed type IIIA construction over a Type […]
The post Springhill Suites by Marriott in Chula Vista Begins Construction appeared first on LODGING Magazine.
At The Lodging Conference 2022, LODGING had the chance to sit down with Extended Stay America (ESA) President and CEO, Greg Juceam, to learn more about ESA’s newly launched Select Suites brand, whose appeal to more value-conscious guests might be seen as a counterpoint to the Premier Suites brand it introduced just a year ago at a higher price point. Extended Stay America Select Suites launched with nearly 100 properties in 30 different states. Juceam […]
The post Running Start: ESA’s Greg Juceam on New Select Suites Brand appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Cambria Hotels by Choice Hotels welcomes the Cambria Hotel Manchester South Windsor to the brand’s portfolio. The four-story, 108-room hotel is the second property in Connecticut this year, joining the Cambria Hotel New Haven University Area. The hotel is located less than 10 miles outside of Hartford where there are attractions like the Front Street District and Bushnell Park, the oldest public park in the United States. Close by to the Promenade Shops at […]
The post Cambria Hotels Welcomes Cambria Hotel Manchester South Windsor appeared first on LODGING Magazine.
NEWPORT NEWS, Virginia—Mumford Company announced the sale of the Best Western Kilmarnock Hotel on behalf of HIExpectations, LLC. The new owner is a hotelier based in Virginia with several hotels in the region. The property will continue under the Best Western flag after cosmetic updates. David Mumford, senior principal in the firm’s Newport News headquarters, along with Justin Pinkard, principal in the firm’s Washington, D.C. office, and Carter Willcox, senior associate in the firm’s Newport […]
The post Mumford Company Announces the Sale of Best Western Kilmarnock Hotel appeared first on LODGING Magazine.
AUSTIN, Texas—The Renaissance Austin Hotel announced the completion of a $10 million indoor and outdoor public space renovation. The 492-room, full-service hotel in north Austin is one of the city’s largest hotels with 88 suites. The Renaissance Austin Hotel, located in northwest Austin Arboretum, sits on nearly 10 acres and is a space for events, meetings, and conferences. The hotel is nearby The Domain, a location with a wide range of restaurants, bars, and retail […]
The post Renaissance Austin Hotel Completes Public Space Renovation appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—As expected with the Rosh Hashanah holiday, U.S. hotel performance dropped from the previous week and showed mixed comparisons with 2019, according to STR’s latest data through October 1, 2022. U.S. Hotel Performance September 25-October 1, 2022 Percentage change from comparable week in 2019: Occupancy: 66.4 percent (down 2.4 percent) ADR: $149.71 (up 15.7 percent) RevPAR: $99.36 (up 12.9 percent) In addition to the Rosh Hashanah impact on business travel and groups in the […]
The post STR: U.S. Weekly Hotel Performance Drops appeared first on LODGING Magazine.
SEATTLE, Washington—Expedia Group launched Open World Accelerator, an initiative that builds on its Open World vision to give partners of all sizes the technology and supply needed in today’s travel market. This new initiative is designed to advance innovation in the travel industry by supporting startups and small and medium-sized businesses (SMBs) to grow on Expedia’s technology platform. Aimed at entrepreneurs globally, the first program focuses on empowering startups and SMBs working to increase access […]
The post Expedia Group Launches Open World Accelerator Initiative appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released its U.S. monthly meetings and events data for September 2022, reporting 135.4 percent growth over September 2021. Additionally, September 2022 grew by 23.7 percent over August 2022. Increase over 2019 in average attendees per event: The average number of attendees per event for September 2022 was 118 compared to 112 in September 2021 and 97 in September 2019. Average space used per person in line with prior years: The average space used […]
The post Knowland: U.S. Monthly Meetings Data Reports 135.4 Percent Growth Over September 2021 appeared first on LODGING Magazine.
CBRE announced that Sung Lee has joined its Valuation & Advisory Services (VAS) team as Head of Fund Valuations for the Americas. Lee has more than 20 years of experience in the commercial real estate industry and specializes in the valuation of institutional real estate. In Palm Springs, California, hotel ZOSO announced the appointment of General Manager Joel Manion. With over 30 years of hospitality experience, Manion manages all aspects of the 162-room property including […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
NEW YORK—On the ground level of the Park Avenue Mondrian in New York City’s NoMad neighborhood, The Vasper is a new bistro created with partners at Helios Hospitality. Inspired by the mid-twentieth century modern design movement, the restaurant pays homage to an era of dining and deals made over lunchtime cocktails. Executive Chef Nick Koustefanou has been tapped for food and Beverage Director Evan Hawkins for drink. Open for lunch, dinner, and private dining experiences, […]
The post Park Avenue Mondrian Opens The Vasper appeared first on LODGING Magazine.
CAMBRIDGE, Massachusetts — Hyatt Regency Boston/Cambridge debuts a property-wide renovation that has revamped the hotel’s common areas and meeting and events spaces while introducing two new dining venues, including Paperback Tavern. The completed project ushers in a new chapter for the property, which sits along the Charles River. Operated by Davidson Hotels, it is for both business and leisure guests. “We are absolutely thrilled with the completed project and so excited to officially unveil it […]
The post Hyatt Regency Boston/Cambridge Debuts Renovation appeared first on LODGING Magazine.
In 2022, U.S. hotel room revenue is projected to surpass 2019 levels, according to the American Hotel & Lodging Association. But how can hospitality chains gain loyalty and win new business when there are so many competitors trying to do the same? One method that many large chains use is advertising on a national or global scale. Smaller brands can also participate on a regional or local scale. However, it’s important for media spend to […]
The post Marketing-Focused: Attracting Travelers Through Effective Advertising appeared first on LODGING Magazine.
JACKSONVILLE, Florida—Beachwalk Retail Center LLC, a partnership between PEBB Enterprises and Falcone Group, is bringing the Margaritaville brand to its Beachwalk project near Jacksonville. The venture plans to develop a 130-key COMPASS by Margaritaville select-service hotel fronting Beachwalk’s 14-acre Crystal Lagoon. Construction of the Margaritaville hotel is expected to begin in the first quarter of 2023, with estimated completion by Q2 2024. The hotel will serve as a complement to Beachwalk’s residential, commercial, and educational […]
The post PEBB Enterprises and Falcone Group Plan COMPASS by Margaritaville Development appeared first on LODGING Magazine.
Lodging Econometrics recently released hotel construction pipeline updates from regions across the globe. While every region covered by Lodging Econometrics faces its own challenges, many are showing signs of recovery. And in its recent biannual Global Construction Pipeline Trend Report, Lodging Econometrics reported that the pipeline stands at 5 percent by projects and 2 percent by rooms year-over-year (YOY). The following findings are from recently released reports by region: United States According to the United […]
The post Lodging Econometrics: Global Hotel Construction Pipeline Updates appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance came in lower than the previous week and showed mixed comparisons with 2019, according to STR’s latest data through August 27, 2022. U.S. Hotel Performance August 21-27, 2022 Percentage change from 2019 comparable week: Occupancy: 65.0 percent (down 2.5 percent) ADR: $147.16 (up 15.0 percent) RevPAR: $95.62 (up 12.1 percent) Among the Top 25 Markets, Orlando reported the largest occupancy increase over 2019 (up 21.1 percent to 63.8 percent). Miami posted […]
The post STR: U.S. Weekly Hotel Performance Shows Mixed Comparisons With 2019 appeared first on LODGING Magazine.
COLUMBUS, Ohio—Red Roof announced the opening of the Red Roof PLUS+ & Suites Birmingham – Bessemer, located in metropolitan Alabama. Formerly a Red Roof Inn, the Red Roof PLUS+ & Suites Birmingham – Bessemer is a 66-room hotel located off of I-20 with access to I-459. The hotel has interior corridors and offers free in-room WiFi, an expanded cable package, a business center, coin laundry, a snack center, and free coffee in the lobby. All […]
The post Red Roof PLUS+ & Suites Birmingham – Bessemer Conversion Opens appeared first on LODGING Magazine.
McNeill Investment Group has named Travis Murray as the new president of McNeill Hotel Company. In this new position, Murray will be responsible for the day-to-day supervision of the company, including brand and owner relations, sales and marketing, and more. Dream Hotel Group announced the appointment of Marc Marrone as corporate chef overseeing culinary operations, menu development, creative concepts, and strategic execution of proprietary dining and nightlife offerings at new locations worldwide. Remington Hotels has […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced it has established September 1 as National Hotel Employee Day in the National Day Calendar. National Hotel Employee Day will be celebrated annually to thank hotel employees for their hard work and dedication and recognize the integral role they play in the U.S. travel, tourism, and hotel industries. This year, National Hotel Employee Day will take on added significance, as hotels across the nation are working to […]
The post AHLA Establishes National Hotel Employee Day appeared first on LODGING Magazine.
BUELLTON, California—Highway West Vacations announced the debut of Hotel Hygge, a 23-room property in the Santa Ynez Valley. Located in Buellton, California, the hotel opening marks an expansion for Highway West Vacations, which now offers five properties in the region. “We’re thrilled to welcome Hotel Hygge to Buellton, a town with tremendous history that plays a quintessential role in the greater Santa Ynez Valley experience,” said Jacque Raffaele, vice president at Highway West Vacations. “Situated […]
The post Highway West Vacations Announces the Opening of Hotel Hygge appeared first on LODGING Magazine.
REDWOOD CITY, California—Radisson Hotel Group has selected Reltio’s software-as-a-service (SaaS) platform for the group’s enterprise data, business transformation, and customers’ experiences. Radisson Hotel Group will implement Reltio’s platform to consolidate the group’s data in real time across its hotels. By deploying the Reltio platform, Radisson Hotel Group will work on data quality, particularly around reporting. It will also work on its data workflows across the organization, which will help improve its business performance while reducing […]
The post Reltio’s SaaS Platform Integrates With Radisson Hotel Group appeared first on LODGING Magazine.
LAS VEGAS—Circa Resort & Casino’s 35,000-square-foot meeting and convention space is now open. The facility marks the second phase of development for the downtown Las Vegas resort, providing meeting planners tech-forward options to book events, galas, meetings, and more off the Strip. Circa’s meeting spaces offer audio and visual capabilities and customizable rooms for up to 1,000 guests. With a ballroom, breakout, and banquet rooms, adjacent pre-function space, and a 1,600-square-foot outdoor terrace, the spaces […]
The post Circa Resort & Casino Opens Meetings and Convention Spaces appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts (IHG) announced partnerships with two historically Black colleges and universities—Clark Atlanta University and Morehouse College—both located in Atlanta, Georgia, the home of IHG’s Americas region headquarters. Through these partnerships, IHG will contribute resources and expertise to support students’ professional development, with a goal to develop careers in hospitality and create a pipeline of future employment opportunities within IHG. The partnerships with Clark Atlanta University and Morehouse College are a part of a […]
The post IHG Partners With Clark Atlanta University and Morehouse College appeared first on LODGING Magazine.
SHREVEPORT, Louisiana—Wolfgramm Capital acquired the 78-room extended-stay Residence Inn by Marriott, according to Wolfgramm Capital’s Co-Founder and CEO Phil Wolfgramm. Located near Shreveport regional airport, the hotel offers suites for long- and short-term trips and is nearby downtown entertainment. “We are excited to acquire a Residence Inn branded hotel and look forward to elevating this hotel through our firm’s hotel management arm: Wolfgramm Properties. The Residence Inn brand’s stellar reputation sets the standard in hospitality, […]
The post Wolfgramm Capital Acquires Residence Inn by Marriott Shreveport Airport appeared first on LODGING Magazine.
SANTA BARBARA, California—Pacifica Hotels unveiled the latest addition to its portfolio with the debut of Hotel Virginia Santa Barbara, Tapestry Collection by Hilton. The property opens its doors after a remodel and rebrand, offering 61 guestrooms and suites. “We are excited for the opening of Hotel Virginia Santa Barbara as we continue our partnership with Tapestry Collection by Hilton,” said John Pedlow, chief operating officer at Pacifica Hotels. “Santa Barbara is such a special destination, […]
The post Pacifica Hotels Opens Hotel Virginia Santa Barbara appeared first on LODGING Magazine.
COLUMBIA, South Carolina—Marriott Columbia announced the completion of its guestrooms and suites renovation. Owned and managed by Columbia Sussex, the Marriott Columbia is located in downtown Columbia, which encompasses a 36-block area and is minutes from the State Capital, Riverbanks Zoo and Garden, historic homes, and Bull Street Stadium. Columbia also is home to the University of South Carolina and has hosted Southeast Conference football teams, fans, and performers at Colonial Life Arena and Township […]
The post Marriott Columbia, South Carolina, Completes Renovation appeared first on LODGING Magazine.
CHICAGO—Located in Chicago, Hotel Saint Clair announced its relaunch. Housed in a building dating back to the 1920s, the hotel has reimagined interior spaces, an art-inspired lobby, The Hot Coffee Shop, and Curfew. Built in 1926 and originally opened as the Hotel Eastgate, the building features Spanish Revival-style architecture and a brick façade. Taking inspiration from the building’s origins, it has been rebranded as The Hotel Saint Clair. With interior spaces designed by Barker Nestor […]
The post Hotel Saint Clair Rebrands and Relaunches appeared first on LODGING Magazine.
BETHESDA, Maryland—Pebblebrook Hotel Trust announced it closed on the sale of the 236-room Hotel Spero in San Francisco, California, for $71.0 million to a third party. For the trailing twelve months ended June 30, 2022, the hotel’s net operating loss was ($1.6) million, and its Hotel EBITDA was ($1.4) million. Based on the hotel’s operating performance for 2019, the $71.0 million sales price reflects a 9.1 times EBITDA multiple and a 9.8 percent net operating […]
The post Pebblebrook Hotel Trust Closes the Sale of Hotel Spero appeared first on LODGING Magazine.
Lorena Kurtjian Hernandez is the global solution principal focused on Travel & Hospitality and Restaurants at Medallia. She is an ardent advocate of marrying customer and employee feedback with operational and performance data to continuously improve Medallia’s customer and employee experience strategy. Prior to Medallia, Hernandez was the director of customer experience transformation at United Airlines, where she led the Inflight Experience strategy. During her more than 20 years at United, she held various leadership […]
The post Optimizing the Customer Experience: Lorena Kurtjian Hernandez on Medallia’s Mission and the Latest Industry Trends appeared first on LODGING Magazine.
MADISON, Wisconsin—North Central Group has announced that it will debut a new company name and logo that solidifies its experience in the hospitality industry, including real estate, development, asset management, hotels, and more. Renamed “NCG Hospitality,” the Wisconsin-based, family-owned business looks to embrace an identity that focuses on hospitality development, operations, and management. Established in 1981 by David Lenz, NCG Hospitality has had over 70 hospitality projects during its over 40 years and currently owns […]
The post North Central Group Rebrands to NCG Hospitality, Adds New Logo appeared first on LODGING Magazine.
SAN JOSE, California—The Hayes Mansion San Jose (Hayes Mansion), a California historical landmark, announced the completion of its renovations, which included 214 revamped guestrooms and suites, 33,000 square feet of upgraded event space, and a reimagined lobby. The design was led by ForrestPerkins, a hospitality design group with Hilton and historic hotel experience. The original estate structure was constructed in 1905 and is situated on six acres adjacent to a 20-acre park located nearby downtown […]
The post Hayes Mansion San Jose Completes Renovations appeared first on LODGING Magazine.
Lodging Econometrics (LE) has released its biannual Global Construction Pipeline Trend Report, which compiles the construction pipeline counts for every country and market around the world. In the Q2 2022 report, LE analysts state that the total global construction pipeline stands at 14,117 projects/2,293,131 rooms, up 5 percent by projects and 2 percent by rooms year-over-year (YOY). There are 6,074 projects/1,110,174 rooms currently under construction at the Q2 close. Projects scheduled to start construction in […]
The post Lodging Econometrics Releases Biannual Global Construction Pipeline Trend Report appeared first on LODGING Magazine.
ATLANTA, Georgia—Hotel owner, operator, and developer Hotel Equities (HE) announced the launch of its new Lifestyle division. HE’s alliance with Greenwood Hospitality combines Greenwood’s collection of lifestyle and luxury hotels with HE’s portfolio of focused and full-service hotels. “This is an important milestone for Hotel Equities as we strategically and thoughtfully expand into the lifestyle and luxury segments. We have blended Greenwood Hospitality’s industry-leading team of passionate, experienced professionals along with their extensive infrastructure and […]
The post Hotel Equities Aligns With Greenwood Hospitality, Launches Lifestyle Division appeared first on LODGING Magazine.
Noble House Hotels & Resorts, Ltd. announced the acquisition of 50 percent ownership in The Marquesa Hotel and Café Marquesa in Key West, Florida. Current owners and operators of 35 years—Carol Wightman, Erik deBoer, and Derek deBoer—will continue to own the remaining interest in the hotel. Noble House Hotels & Resorts will operate and manage the property going forward. Listed on the National Register of Historic Places, The Marquesa Hotel is situated near Duval Street […]
The post Noble House Hotels & Resorts Acquires Partial Ownership of The Marquesa Hotel appeared first on LODGING Magazine.
GALLUP, New Mexico—Best Western Hotels & Resorts announced the Best Western Gallup West opening in Gallup, New Mexico. Owned by Murad Mohsin, the hotel has 60 total guestrooms. The hotel offers amenities for business and leisure travelers including a fitness center, newly renovated sundry shop, heated indoor pool, spa, 24-hour business center, parking, wireless internet, and more. The hotel also has a complimentary hot breakfast served daily. In addition to the amenities, guests of the […]
The post Best Western Gallup West Opens appeared first on LODGING Magazine.
CHARLESTON, South Carolina—Charlestowne Hotels announces the addition of Hotel One75 to its growing collection of university properties. The refurbished hotel, located one mile from the Colgate University campus, solidifies Charlestowne in the management of boutique hotels in college towns. Hotel One75’s 93 rooms will make it the largest lodging venue in the village of Hamilton, New York. “Charlestowne understands properties near college campuses and the local pride that comes with them,” said Kyle Hughey, CEO […]
The post Charlestowne Hotels Adds Hotel One75 to Its Portfolio appeared first on LODGING Magazine.
PONTE VEDRA BEACH, Florida—Hilton Garden Inn Jacksonville Ponte Vedra Sawgrass announced the completion of its all-encompassing renovation, providing a total overhaul and refresh of the property’s guestrooms, lobby, market, fitness center, outdoor pool, and on-site full-service restaurant and bar called Mulligan’s Pub. Guestroom upgrades aimed at enhancing the guest experience include new furniture and fixtures as well as refreshed paint and carpeting. Several technological enhancements were implemented as well, including the installation of new HDTVs […]
The post Hilton Garden Inn Jacksonville Ponte Vedra Sawgrass Completes Renovation appeared first on LODGING Magazine.
CHICAGO—Aparium Hotel Group announced the development of three new hotels. The properties include Hotel Westland in Seattle, Washington; Hotel Heron in Alexandria, Virginia; and Populus Hotel in Denver, Colorado. “We are excited to continue on a steady path of growth with new openings that supports our goal of connecting travelers to unique experiences and culture in important cities and neighborhoods throughout the country,” said Mario Tricoci, founder and CEO of Aparium Hotel Group. “Our curated […]
The post Aparium Hotel Group Announced the Development of Three U.S. Hotels appeared first on LODGING Magazine.
NEWPORT NEWS, Virginia—Mumford Company represented an affiliate of Raines Co. in the recent sale of the Courtyard by Marriott in the Columbia suburb, Cayce, South Carolina. Raines Co.—a multi-unit lodging and resort developer, owner, and operator—will continue to manage the property in a short-term arrangement. Steve Kirby and Ed James, Mumford Company managing principals, represented the seller in the transaction. The purchaser was an affiliate of Charlotte-based ABC Investments and Management Co., Inc. ABC Investments […]
The post Mumford Company Announces Sale of Courtyard by Marriott in Cayce, South Carolina appeared first on LODGING Magazine.
SAN FRANCISCO—Duetto announced that its revenue strategy platform has been selected by Soul Community Planet (SCP), a holistic hospitality company, to optimize revenue across its growing portfolio of hotel properties. Duetto GameChanger has been implemented for SCP hotel room revenue optimization and Duetto ScoreBoard for business analytics and reporting. “SCP was looking for a revenue strategy solution that could scale easily in line with its aggressive growth plans. Our cloud-native solutions, coupled with our two-way […]
The post Soul Community Planet Implements Duetto Revenue Optimization Software appeared first on LODGING Magazine.
SANTA BARBARA, California—The Leta Hotel in Santa Barbara is now a Tapestry Collection by Hilton hotel. Earlier this year, AWH Partners purchased the property with Spire Hospitality as the new management company. The historic hotel underwent an investment to refresh the guest experience. The 158-room Leta Hotel is located in Goleta. Local art, music, food, and wine come together on property, and the hotel has 6,000 square feet of meeting space, welcoming locals and out-of-town […]
The post The Leta Hotel Joins Tapestry Collection by Hilton appeared first on LODGING Magazine.
MCLEAN, Virginia—Waldorf Astoria Hotels & Resorts announced a partnership with skincare brand Aesop. Select formulations, available in Aesop aromas, will now be the in-room toiletries for Waldorf Astoria Hotels & Resorts worldwide. This collaboration marks the first and only global hospitality brand with which Aesop has partnered to provide its product at this scale. “This new partnership is an exciting moment for our luxury portfolio and represents Waldorf Astoria’s and Hilton’s ongoing commitment to offering […]
The post Waldorf Astoria Hotels & Resorts Partners With Aesop for In-Room Amenities appeared first on LODGING Magazine.
LOS ANGELES, California—Oxford Capital Group, LLC announced the recapitalization of its construction debt and equity at its newest California-based hotel property, The Godfrey Hotel Hollywood, including senior debt from Alliance Bernstein and preferred equity from Related Fund Management. On the heels of its first full year in Los Angeles, The Godfrey Hotel Hollywood—a 220-room hotel with the SoCal-centric restaurant and bar ALK; a courtyard event space with seven adjacent hospitality suites; and the 12,000 square […]
The post Oxford Capital Group, LLC Recapitalizes The Godfrey Hotel Hollywood appeared first on LODGING Magazine.
SAN FRANCISCO, California—Stayflexi announced a robust two-way interface with SHR’s WindsurferCRS. This integration allows a hotel property’s live availability and rates to be continuously relayed in real-time from their Stayflexi system to streamline channel management, reduce acquisition costs, reach travelers on their preferred channels, and increase hotel revenue. SHR’s WindsurferCRS provides effective rates and inventory management, connections to distribution channels, a booking engine, and reporting. With the two-way Stayflexi integration, hotels, including airport and experience-based […]
The post Stayflexi Announces Two-Way Interface With SHR’s WindsurferCRS appeared first on LODGING Magazine.
Centrally located between Omaha and Denver, the Crowne Plaza Kearney is the brand’s first new-build convention hotel in the United States since 2020. Designed to foster connections between guests, the property is replete with spaces for both business and social gatherings. On the business side, highlights include the brand’s signature Plaza Workspace areas and the attached Younes Conference Center, which offers 70,000 square feet of dedicated meeting space across 35 meeting rooms. Planners can partner […]
The post Facilitating Meaningful Connections: Crowne Plaza Kearney appeared first on LODGING Magazine.
DENVER, Colorado—Mission Hill Hospitality announced it has acquired the Oread Hotel, a 102-key property adjacent to the University of Kansas in Lawrence. It will be branded as Oread Hotel, Tapestry Collection by Hilton. Terms of the deal are undisclosed. The Oread Hotel is Mission Hill Hospitality’s 24th acquisition since the company was launched in March 2021. “This acquisition presented a unique opportunity to expand our portfolio geographically in a major education market with high demand, […]
The post Mission Hill Hospitality Acquires the Oread Hotel appeared first on LODGING Magazine.
IRVINE, California—Sonesta Irvine (formerly Sonesta Irvine – Orange County Airport) announced the completion of a $20 million renovation to transform the guest experience. Redesigned for both business and leisure travelers, the hotel offers updated guestrooms, a lobby, social spaces for meetings and events, and a new dining destination called Haven Point Provisions & Spirits. “We are excited to unveil the reimagined Sonesta Irvine and provide travelers with newly-redesigned, modern guest rooms inspired by Irvine’s natural […]
The post Sonesta Irvine Completes Renovations appeared first on LODGING Magazine.
The Hard Rock Hotels brand is known for visually impactful designs, and the new Hard Rock Hotel New York is no exception. Opened this spring in Midtown Manhattan, the 446-key property is intimately tied to music: John Legend and DJ Cassidy were among the A-list performers at the May 13 grand opening celebration, taking the stage at The Venue on Music Row. The hotel’s entertainment venue features a jazz bar/speakeasy theme, one that also creates […]
The post A Musical Motif: Hard Rock Hotel New York appeared first on LODGING Magazine.
BETHESDA, Maryland—myDigitalOffice (MDO) announced its rank on the annual Inc. 5000 List. Following a three-year run where the company grew by over 1,000 percent, MDO came in ranking 608 overall and is the sixth fastest-growing private company in the Travel and Hospitality segment. “The accomplishment of building one of the fastest growing companies in the United States, especially in light of the economic headwinds that continues to impact our industry, is a testament to our […]
The post myDigitalOffice Continues Momentum, Named to the 2022 Inc. 5000 List appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Showing continued alignment with seasonal patterns, U.S. hotel performance fell slightly from the previous week, but showed improved comparisons with 2019, according to STR’s latest data through August 13, 2022. U.S. Hotel Performance August 7-13, 2022 Percentage change from 2019 comparable week: Occupancy: 68.5 percent (down 4.6 percent) ADR: $152.34 (up 15.8 percent) RevPAR: $104.30 (up 10.5 percent) Norfolk/Virginia Beach (up 0.4 percent to 80.1 percent) was the only Top 25 Market to report […]
The post STR: U.S. Hotel Performance Falls But Shows Improvements Compared to 2019 appeared first on LODGING Magazine.
Todd Turner has been named CEO of OTO Development, taking over the role from fellow co-founder Corry Oakes, who passed away on August 7. Turner previously served as vice president/real estate for the company. Choice Hotels International, Inc. has appointed Noha Abdalla to the role of chief marketing officer. As a member of the executive team, Abdalla will lead the company’s marketing, advertising, communications, and brand-building functions. McNeill Investment Group named Tom Burdi managing director […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index jumped 14.3 percent in July to a level of 5,158. Year to date through the first seven months of 2022, the stock index decreased 10.4 percent. “Hotel stocks rebounded sharply and outperformed their respective benchmarks in July; relative outperformance has continued in August,” said Michael Bellisario, senior hotel research analyst and director at Baird. “Despite the big gains in July, hotel stocks did not fully recapture June’s […]
The post Baird/STR Hotel Stock Index Increased 14.3 Percent in July 2022 appeared first on LODGING Magazine.
The hospitality industry has its fair share of visitors, with guests and employees in the building 24 hours a day, seven days a week. Compared to other sectors, hospitality employees can be more vulnerable than other team members working in different industries. In hotels, for instance, housekeepers primarily work alone, putting them at risk for sexual harassment and other acts of aggression. The number of transient guests only exacerbates this problem, as people feel less […]
The post Taking Care: Creating a Culture of Workplace Safety in the Hospitality Industry appeared first on LODGING Magazine.
AC Hotels by Marriott has opened the doors to its newest hotel in downtown Bethesda, Maryland, bringing the brand’s experience to an urban center near the nation’s capital. AC Hotel Bethesda Downtown has a design that strikes a balance of form and function. OTO Development, part of The Johnson Group, developed and will manage the new hotel, which is adjacent to and shares amenities with Avocet Tower, an office building developed by Stonebridge. “Like many […]
The post AC Hotel Bethesda Downtown Opens appeared first on LODGING Magazine.
Veronica M. Garcia, president and chief operating officer of the Miami-based extended-stay hotel development company Gold Coast Premier Properties Group, is among the women who, according to the 2022 Castell Project Women in Hospitality Industry Leadership Report, represent only 10 percent of leaders in the hotel investment and development realm. As she told LODGING, she believes several habits account for her success in the “rough and tumble world” of hotel development, including asking questions, being […]
The post R-E-S-P-E-C-T: Veronica Garcia of Gold Coast Premier Properties Group on What It Takes to Rise Up and Lead appeared first on LODGING Magazine.
ATLANTA—Noble Investment Group (Noble) announced the acquisition of a 14-hotel portfolio including Marriott, Hilton, and Hyatt-branded properties. Noble will invest in physical enhancements across the portfolio while optimizing operations to drive market share and increase profitability. “Since the second quarter of last year, Noble has invested more than $1.5 billion across the United States in 40 hotels with approximately 6,000 rooms as we continue to capitalize on the thematic opportunity in travel and hospitality,” said […]
The post Noble Investment Group Acquires a 14-Hotel Portfolio appeared first on LODGING Magazine.
NEW YORK—The NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality’s recently launched Hospitality Innovation Hub Incubator is collaborating with Phocuswright to advance innovation, guidance, and entrepreneurship for students, startups, and the university community. As an authority in travel, tourism, and hospitality market research and events, Phocuswright will provide the HI Hub Incubator and students of the Tisch Center of Hospitality with access to its full library of research reports and analysis, data […]
The post NYU Tisch Center of Hospitality’s HI Hub Incubator Collaborates With Phocuswright appeared first on LODGING Magazine.
In 2020, the average hotel in CBRE’s annual Trends in the Hotel Industry survey experienced a 108 percent decline in earnings before interest, taxes, depreciation, and amortization (EBITDA), resulting in an EBITDA margin of −5.5 percent. For hotels, EBITDA represents the cash flows from operations that are used to fund debt service and provide returns to investors. This is by far the greatest decline in EBITDA since CBRE began tracking the performance of the U.S. […]
The post Compassion During Trying Times: Quantifying the Franchisor/Franchisee Relationship During COVID-19 appeared first on LODGING Magazine.
ATLANTA—Davidson Hospitality Group has been selected by Fairwood Capital to manage Royal Park Hotel in Rochester, Michigan, under its lifestyle operating vertical, Pivot. Situated 30 miles north of Detroit on the Paint Creek River, the 143-room property has an architecture that is reminiscent of an English manor house. This marks Davidson’s third hotel in the state of Michigan. “As Midwest enthusiasts, we are genuinely proud to add this extraordinary lifestyle hotel to our growing portfolio,” […]
The post Fairwood Capital Selects Davidson Hospitality Group to Manage Royal Park Hotel appeared first on LODGING Magazine.
NEW YORK—Selina issued its inaugural environmental, social, and governance (ESG) report, which showed tangible progress made in 2021. With environmental and social consciousness and “impact” among its core values, Selina’s operating philosophy includes ESG initiatives with care for the planet, starting with its host communities. In 2021, the company focused on setting a baseline for its long-term ESG goals, putting in place an infrastructure for its mission and a measure for its impact on people […]
The post Selina Issues Environmental, Social, and Governance Report appeared first on LODGING Magazine.
How do you balance self-care when you have limited staffing or resources at work? Maintaining consistent standards is not easy. It separates five-star from four-star hotels and defines a luxury brand. It requires more energy, effort, and dedication to operate at this level, and it’s no surprise that this can also be draining, particularly when one was trained to operate at a standard that may have changed during the pandemic. Many individuals in our industry […]
The post Ask Anthony: Balancing Self-Care With Limited Resources at Work appeared first on LODGING Magazine.
BOSTON—JLL’s Hotels & Hospitality Group announced today that it has closed the sale of two select-service hotels totaling 171-keys in Lenox, Massachusetts. JLL marketed the property on behalf of the seller, Toole Companies, in the sale to Mission Hill Hospitality, a KSL Capital Company. The portfolio consists of the 92-key Courtyard Lenox Berkshires and the 79-key Hampton Inn and Suites Berkshires-Lenox. Built in 2017, Courtyard Lenox Berkshires sits on 6.7 acres with views of the […]
The post JLL Hotels & Hospitality Group Closes Sale of Two Massachusetts Hotels appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. launched a new process for business travelers to book rooms at over 5,000 domestic properties through its new Choice Direct Pay program. With this new offering, corporate customers can make reservations for their employees and guests at multiple Choice hotels with their company being billed directly through a single, centralized invoice. In addition to simplifying the billing process system-wide, the Choice Direct Pay program enables business travelers to: Make a […]
The post Choice Hotels Launches Business Traveler Booking Program: Choice Direct Pay appeared first on LODGING Magazine.
Larry Cuculic, who today serves as president and CEO for BWH Hotel Group, first joined the company in 2009 as general counsel. Yet, as he told LODGING, it is his background in the military—he is a West Point Military Academy and Notre Dame Law School graduate who received the Legion of Merit upon his retirement from the U.S. Army—that has most indelibly informed his beliefs about how to lead and prioritize under even the most […]
The post Best Practices: BWH Hotel Group President and CEO Larry Cuculic on Leadership in General and Priorities in Particular appeared first on LODGING Magazine.
ROCKVILLE, Maryland—MainStay Suites welcomed the largest hotel in its system with the opening of the MainStay Suites Orange County John Wayne Airport. The brand’s first property in the greater Los Angeles market, the 176-room hotel is one of several MainStay Suites opening in California, with properties planned in Beaumont, Fresno, Rancho Mirage, Oceanside, Riverside, and Victorville. The property is near Disneyland, Newport Beach, and Huntington Beach and is a short drive to Downtown Los Angeles. […]
The post MainStay Suites Orange County John Wayne Airport Opens appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the commencement of the construction of the Riverbend Hotel and Suites, a Trademark Collection by Wyndham in Ashtabula, Ohio. The $11 million project is being developed by Riverbend Hotel LLC, a partnership consisting of local entrepreneurs Larry Laurello and Pete Huggins, as well as Todd Canter, the former Asia Pacific CEO of LaSalle Investment Management (securities). The hotel will be managed by Emerald Hospitality and operated under a […]
The post Riverbend Hotel and Suites, Trademark Collection by Wyndham, to Commence Construction appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation reported Q2 2022 financial results. Net income attributable to Hyatt was $206 million, or $1.85 per diluted share, in Q2 2022 compared to a net loss attributable to Hyatt of $9 million, or $0.08 per diluted share, in Q2 2021. Adjusted net income attributable to Hyatt was $51 million, or $0.46 per diluted share, in Q2 2022, compared to adjusted net loss attributable to Hyatt of $117 million, or $1.15 per diluted […]
The post Hyatt Hotels Corporation Reports Q2 2022 Results appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Following seasonal patterns, U.S. hotel performance fell slightly from the previous week, according to STR’s latest data through August 6, 2022. U.S. Hotel Performance July 31-August 6, 2022 Percentage change from 2019 comparable week Occupancy: 69.9 percent (down 5.7 percent) ADR: $154.48 (up 15.1 percent) RevPAR: $108.04 (up 8.5 percent) Among the Top 25 Markets, St. Louis reported the largest occupancy increase over 2019 (up 7.1 percent to 75.9 percent). Oahu Island (84.6 percent), […]
The post STR: U.S. Hotel Performance Follows Seasonal Patterns, Falls Slightly appeared first on LODGING Magazine.
IHG Hotels & Resorts released its half-year 2022 results. Highlights include: Further improvement in trading: Americas Q2 RevPAR versus 2019 was up 3.5 percent with sequential improvement also in EMEAA to 10.3 percent; Greater China 48.9 percent due to localized travel restrictions H1 2022 average daily rate was up 24 percent versus 2021, up 4 percent versus 2019; occupancy up 10 percentage points versus 2021, 10 percentage points versus 2019 Gross system growth was up […]
The post IHG Hotels & Resorts Releases Half-Year 2022 Results appeared first on LODGING Magazine.
DALLAS, Texas—The Hilton Dallas Lincoln Centre announces it has completed a $24 million renovation of the entire hotel and conference center. Renovations began in 2020. The North Dallas conference center hotel renovation includes a full redesign of all 503 guestrooms, lobby, public areas, and food and beverage outlets to elevate the property. Additionally, the hotel’s meeting spaces, totaling 55,000 square feet, were completely updated including new furnishings, artwork, and technology. “We are eager to welcome […]
The post Hilton Dallas Lincoln Centre Completes Renovation appeared first on LODGING Magazine.
MINNEAPOLIS—IDeaS announced a global collaboration with Hyatt to power the company’s commercial revenue platform. Hyatt will deploy IDeaS’ products globally as a component of its commercial stack. Hyatt will leverage IDeaS’ products for profit optimization, developing strategic workflows and modular-based personas to drive adoption across its global portfolio. Key features include: Modularity and flexibility—IDeaS’ technology and service approach will enable Hyatt to support the needs of its hotel portfolio and ownership types. The platform factors […]
The post IDeaS Announces a Global Collaboration With Hyatt appeared first on LODGING Magazine.
NASHVILLE—STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just presented at the 14th Annual Hotel Data Conference. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation. The updated forecast adds a little more than $2 to the ADR projection for both 2022 and 2023. […]
The post STR, Tourism Economics Further Revise U.S. Hotel Forecast Projections appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc., reported its results for the three months ended June 30, 2022. “Once again, Choice Hotels drove impressive quarterly results that outperformed the industry, while announcing the most significant acquisition in our company’s history and recycling over $140 million of capital through July,” said Patrick Pacious, president and CEO, Choice Hotels. “The acquisition of Radisson Hotels Americas, which is expected to close this month, will mark the next chapter in Choice’s […]
The post Choice Hotels Reports Q2 2022 Results appeared first on LODGING Magazine.
CHARLESTON, South Carolina—The Indigo Road Hospitality Group (IRHG) has acquired Snowbird Mountain Lodge in Robbinsville, North Carolina, and assumed management of the property. IRHG partnered with Madison Capital Group, LLC, a private investment and advisory firm based in Charlotte, North Carolina, and Charleston, South Carolina, and JPW Development, a private real estate firm based in Asheville, North Carolina, specializing in the acquisition, renovation, and preservation of historic properties. The terms of the transaction were not […]
The post Indigo Road Hospitality Group Acquires Snowbird Mountain Lodge appeared first on LODGING Magazine.
Earlier this year, AHLA introduced and began implementing a new five-year strategic plan to build a brighter future for guests, employees, and hoteliers alike. A key pillar of the plan is to grow our industry into a recognized national leader in sustainability. We’ll achieve that by spotlighting the impressive work hotels are already doing to protect the planet and expanding the industry’s commitment to a sustainable future. Sustainability is increasingly important to our guests. In […]
The post A Legacy of Sustainability: Building on the Hotel Industry’s Environmental Stewardship appeared first on LODGING Magazine.
SPARTANBURG, South Carolina—The 11-story Hyatt Place Panama City Beach/Beachfront opened on the Florida Panhandle. The hotel tower is developed and managed by OTO Development, part of The Johnson Group. Project partners include architect and design firm Bullock Tice Associates, interior designer P3 Design Collective, and general contractor Robins & Morton. “We designed this hotel to allow guests to take full advantage of Panama City Beach’s sugar-white sand and turquoise waters,” said Corry Oakes, CEO of […]
The post Hyatt Place Panama City Beach/Beachfront Opens appeared first on LODGING Magazine.
NEW YORK—PMZ Realty Capital LLC announced that it arranged acquisition financing for the Holiday Inn & Suites Albuquerque Airport, located in Albuquerque, New Mexico. The $9 million acquisition loan was provided by a life insurance company and will allow the owner to complete the acquisition and a $3.5 million property improvement plan on the hotel. “With the volatility of interest rates in today’s market, we looked at many different types of lenders to find an […]
The post PMZ Realty Capital Arranges Acquisition Financing For Holiday Inn & Suites Albuquerque Airport appeared first on LODGING Magazine.
CHARLESTON, South Carolina—Charlestowne Hotels announced its continued expansion in the Northeast with Hotel Marcel in New Haven, Connecticut, and the Lockwood Hotel in Waterville, Maine. This expansion broadens the company’s reach into two new states. “At Charlestowne, we’re constantly seeking meaningful ways to provide value in new regions, and by venturing into New Haven and Waterville, we’re bringing our standard of customization and personalized service to towns that prioritize that for their visitors,” said Kyle […]
The post Charlestowne Hotels Expands With Two Northeast Hotels appeared first on LODGING Magazine.
In the recently released Q2 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise company leading the United States hotel construction pipeline is Marriott International with 1,355 projects/167,034 rooms, up 4 percent by projects year-over-year (YOY). Next is Hilton Worldwide with 1,312 projects/147,780 rooms, an 8 percent YOY increase, and IHG Hotels & Resorts (IHG) with 789 projects/79,701 rooms, up 2 percent by projects YOY. Current construction projects with these three […]
The post Lodging Econometrics: Marriott Leads the U.S. Hotel Construction Pipeline appeared first on LODGING Magazine.
PHOENIX—Sheraton Phoenix Downtown completed a $4 million renovation of its meeting and event spaces in addition to debuting a new Sheraton Club. The renovations include enhanced spaces with modern finishes, pre-function seating, and artwork in the center of downtown and nearby the Phoenix Convention Center. “We’re excited to further elevate our existing meeting and events offerings with the completion of this renovation as the final phase of Sheraton Phoenix Downtown’s transformation,” said General Manager Richard […]
The post Sheraton Phoenix Downtown Completes Meeting and Event Space Renovation appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released its monthly meetings and events data for July reporting a significant increase of 163.9 percent over July 2021. Although there was a 15.5 percent decline from June, this is related to normal seasonality, however, it is still less than typically exhibited pre-COVID. Average attendees per event increase: The average number of attendees per event for July 2022 was 121, compared to 64 in July 2021 and 91 in July 2019. Average space […]
The post Knowland: July 2022 Meetings and Events Data Increases Over July 2021 appeared first on LODGING Magazine.
CHARLOTTE, North Carolina—Extended Stay America announced that subsidiaries of ESH Hospitality, Inc. are converting more than 100 recently acquired WoodSpring Suites hotels to the Extended Stay America family of brands later this year. “The addition of these properties, when combined with a growing trajectory of franchise properties in our pipeline, solidifies our position as the leader in extended stay,” said Greg Juceam, president and CEO, Extended Stay America. “We will apply our proven focus solely […]
The post Extended Stay America to Add Over 100 Hotels to Brand Family appeared first on LODGING Magazine.
Best Western Hotels & Resorts announced the openings of six new properties across the United States. They include Best Western Morgan City Inn, SureStay Plus Hotel by Best Western Raleigh North Downtown, SureStay Hotel by Best Western Chula Vista San Diego Bay, Hub Murray Hill, Independence Park Hotel, and Fountain Park Hotel Best Western Morgan City Inn Best Western Hotels & Resorts announces the opening of the Best Western Morgan City Inn in Morgan City, […]
The post Best Western Hotels & Resorts Announces Six Hotel Openings appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance dipped slightly from the previous week, which was the annual travel peak, according to STR’s latest data through July 30, 2022. U.S. Hotel Performance July 24-30, 2022 Percentage change from 2019 comparable week: Occupancy: 71.9 percent (down 3.8 percent) ADR: $158.32 (up 18.3 percent) RevPAR: $113.90 (up 13.9 percent) While absolute levels were lower than the week prior, comparisons against 2019 levels strengthened. Among the Top 25 Markets, Nashville reported the […]
The post STR: U.S. Hotel Performance Slightly Dips From Previous Week appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts released the company’s newest global marketing campaign, Guest How You Guest. Officially launched in the United States and United Kingdom, and globally later this year, the campaign amplifies travel moments and shows how guests can define their own journey. The campaign shows sports fans staying at a Holiday Inn Express to support their team on the road, a Kimpton Hotels & Restaurants guest taking their work calls poolside, or a couple […]
The post IHG Hotels & Resorts Releases “Guest How You Guest” Campaign appeared first on LODGING Magazine.
Spring and early summer brought a much-welcomed boost in hotel room demand as COVID-19 restrictions continued to ease in many parts of the world. STR’s Market Recovery Monitor in late May showed around two-thirds of global markets and more than 95 percent of U.S. markets in a recovery or peak position, with revenue per available room (RevPAR) indexed to 2019 at 80 or above. Further, around 70 percent of U.S. markets and 40 percent of […]
The post Traveler Sentiment Improves But Higher Prices, Ongoing Pandemic, and Other Possible Disrupters Remain appeared first on LODGING Magazine.
According to Think Simplicity Inc., Co-Founder Alexander Perovich, the last thing hoteliers want to talk about is updating or completely overhauling their communications systems, even as the “inconvenient reality” of the FCC deadline for sunsetting traditional landlines using copper wiring looms. When LODGING caught up with him at HITEC 2022 in Orlando, it was the first time in several years his company represented itself, preferring, he explains, to remain behind the scenes while partners demonstrated […]
The post Simply Non-Friction: Think Simplicity’s Alexander Perovich on Easing Hoteliers’ Telecommunications Transitions appeared first on LODGING Magazine.
Hyatt announced the appointment of Tyronne Stoudemire to senior vice president, global diversity, equity, and inclusion. In this role, Stoudemire and his team will continue to execute Hyatt’s DE&I strategy as part of the company’s World of Care ESG platform. Virgin Hotels welcomed two new members to its corporate team. Liza Stone joined Virgin Hotels as general counsel, and Jodi Forslund has been appointed director of sales. Crescent Hotels & Resort announced the appointment of […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Foundation (AHLA Foundation) released the 2022 “Diversity of Hospitality Industry Public Boards” research report. Aiming to create an industry “as diverse as the guests we serve,” this research aligns with AHLA’s 5-year, $5 million commitment to advance DE&I across the hospitality arena. The research findings represent data about hospitality industry public company boards after reviewing 30 companies and 262 board members. They reviewed 10,000 filings on corporate brands of public […]
The post AHLA Foundation Releases 2022 Hospitality Industry Public Boards Diversity Report appeared first on LODGING Magazine.
NEW YORK—Selina announced the opening of eight new properties in Greece, Australia, Portugal, Panama, the United States, Morocco, and Israel during the second quarter of 2022. It also signed eight new properties, a 17 percent increase from Q1 2021, in Australia, the United States, Greece, Mexico, Portugal, Panama, and Israel, during the same period. These properties advance the company’s mission to redefine travel by creating destination experiences that resonate with a large and underserved traveler […]
The post Selina Announces Eight Property Openings and Eight Signings appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) reached its highest level since October 2019, according to STR’s June 2022 P&L data release. U.S. Hotel Performance GOPPAR: $91.23 TRevPAR: $226.10 EBITDA PAR: $69.53 LPAR (Labor Costs): $68.40 “Each of the key bottom-line metrics increased from May due to a rise in room rates as well as improved revenue from F&B and groups,” said Joseph Rael, STR’s senior director of financial performance. “Profit margins […]
The post STR: U.S. Hotel GOPPAR Reaches Highest Level Since October 2019 appeared first on LODGING Magazine.
Marriott International, Inc. announced the commencement of construction on the Gaylord Pacific Resort and Convention Center (the Gaylord Pacific). A ceremony was held on Chula Vista Bayfront. The event was attended by the Gaylord Pacific’s developers RIDA Development Corporation (RIDA Development) and Ares Management (Ares), finance partners, officials from the City of Chula Vista, Port of San Diego, and the State of California, Marriott executives, group customers, and other project supporters. “We are thrilled to […]
The post Marriott Commences Construction on the Gaylord Pacific Resort and Convention Center appeared first on LODGING Magazine.
Given the one- to two-decade length of most franchise contracts, entering into that relationship is a major decision for a hotelier. LODGING‘s annual Guide to Franchising is an invaluable resource for making that decision, providing detailed brand information ranging from financial terms to chain scale to the latest developments. To help hoteliers looking to team up with a franchise partner, LODGING is spotlighting over 90 brands this year as part of its online Guide to […]
The post 2022 Guide to Franchising appeared first on LODGING Magazine.
HOOVER, Alabama—HP Hotels has been chosen by Rhaglan Hospitality to manage The Kelly Birmingham, Tapestry Collection by Hilton, downtown Birmingham. HP Hotels CEO Kerry Ranson made the announcement. Located in downtown Birmingham, the property formerly known as the Protective Life Building has been restored and refurbished. Blending the original architecture with modern fixtures, art, and style, the 14-story, 96-room hotel is a historic property. “We’re excited to manage this incredible asset for Rhaglan Hospitality, which […]
The post The Kelly Birmingham Chooses HP Hotels as Manager appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the expansion of its flagship Wyndham Grand brand, adding Greensboro’s Grandover Resort & Spa to its global portfolio. Grandover Resort & Spa, a Wyndham Grand Hotel, offers guests a secluded retreat just minutes from downtown Greensboro. Nestled on 1,600 wooded acres, the 244-room resort has two 18-hole golf courses, a spa, tennis courts, a fitness center, fine dining, and more than 45,000 square feet of flexible meeting space. […]
The post Wyndham Grand Expands Brand With Grandover Resort & Spa appeared first on LODGING Magazine.
Wellness is increasingly important to travelers who want to keep up their routines while vacationing. Here are four ways hotel companies and brands are implementing wellness across their portfolios. Curator Hotel & Resort Collection Curator Hotel & Resort Collection is promoting wellness at several member properties across the United States. Travelers can choose from different experiences to connect and heal the mind, body, and spirit, including personalized spa treatments, healing rituals, organic dining options, and […]
The post Wellness-Minded: Four Ways Hotel Companies Are Implementing Wellness for Guests appeared first on LODGING Magazine.
DALLAS—Remington Hotels in partnership with sister company Premier announced the completion of the renovations at the Fremont Marriott Silicon Valley. Remington will continue to operate the property, following Premier’s completion of renovations to the guestrooms. The two have elevated the hotel with designs and services that are characteristic of the respective firms. Located between Silicon Valley and Napa Valley, the newly renovated Fremont Marriott Silicon Valley includes redesigned guestrooms and over 15,000 square feet of […]
The post Fremont Marriott Silicon Valley Completes Renovations appeared first on LODGING Magazine.
WILMINGTON, Delaware—Driftwood Capital announced the completion of the new $31 million Staybridge Suites hotel in downtown Wilmington, Delaware. The 11-story property has 134 suite-style accommodations, a lounge, fitness center, sundries shop, and a business center with meeting spaces designed for business and leisure travelers. A former office building converted to a hotel, the property is located in a designated opportunity zone, and is the only extended-stay hotel affiliated with IHG Hotels & Resorts within a […]
The post Driftwood Capital Announces the Completion of the Staybridge Suites in Wilmington, Delaware appeared first on LODGING Magazine.
In the recently released Q2 2022 United States Construction Pipeline Trend Report from Lodging Econometrics (LE), at the close of the second quarter, the top five markets with the largest hotel construction pipelines are Dallas with a record-high count of 173 projects accounting for 20,707 rooms, Atlanta with 140 projects/18,131 rooms, Los Angeles with 124 projects/20,365 rooms, New York with 113 projects/19,238 rooms, and Phoenix with 108 projects/14,964 rooms. According to LE analysts, many major […]
The post Lodging Econometrics: Dallas Leads U.S. Construction Pipeline For the Fourth Consecutive Quarter appeared first on LODGING Magazine.
AUSTIN, Texas—Virdee has released a web-based extension of its contactless check-in software. Users can access and input pre-arrival check-in information into the system via the web and, in some cases, receive a web-based secure digital room key. Other experiences require an app for mobile keyless entry or obtaining a physical key from a kiosk. The Virdee Virtual Reception solution provides a contactless check-in experience, letting 100 percent of hotel guests check in either via mobile […]
The post Virdee Releases Web-based Contactless Check-in Software Extension appeared first on LODGING Magazine.
Accor‘s half-year report shared information including Q2 2022 RevPAR was above 2019 levels with improvement in profitability and cash flow generation. In addition, Accor’s revenue was up 109 percent. The group’s business rebounded significantly in H1 2022 after two years of pandemic-related disruptions in the tourism and hospitality industry. In Q2 2022, activity recovered to levels close to, if not above, the 2019 levels in almost all Accor geographies. The only laggards were China, which […]
The post Accor Reports Half-Year 2022 Results appeared first on LODGING Magazine.
WASHINGTON, D.C.—To mark World Day Against Trafficking in Persons, the American Hotel & Lodging Foundation (AHLA Foundation), ECPAT-USA, and Marriott International launched a trafficking prevention training program for the hotel industry, titled “Recognize and Respond: Addressing Human Trafficking in the Hospitality Industry.” The new training program was developed by Marriott in collaboration with non-profit organizations and survivor experts. The program was donated by Marriott to ECPAT-USA and is now free and available to the hotel […]
The post AHLA Foundation, ECPAT-USA, and Marriott Launch New Trafficking Prevention Training Program appeared first on LODGING Magazine.
BETHESDA, Maryland—The Ritz-Carlton announced the opening of The Ritz-Carlton New York, NoMad, debuting in Manhattan. In the North of Madison Square Park neighborhood, the newly constructed hotel and residences developed by New York-based Flag Luxury Group brings the brand’s service to one of the city’s emerging districts. “The Ritz-Carlton New York, NoMad represents a milestone moment in the evolution of The Ritz-Carlton brand,” said Donna McNamara, vice president and global brand leader for The Ritz-Carlton. […]
The post The Ritz-Carlton New York, NoMad Opens appeared first on LODGING Magazine.
LODGING brings you the second installment of our three-part Ownership Series, providing owner perspectives on various hot topics and industry trends. We speak with Tim O’Reilly, chief executive officer of O’Reilly Hospitality Management, LLC, about his approach to sustainability. Look for the third article next month, focusing on trends in the use of soft brands. At The Lodging Conference 2022, our team will conduct a roundtable with the owners participating in the series. While safety […]
The post Succeeding in Sustainability: Developer Tim O’Reilly on What It Takes to Realize “Green” Aspirations appeared first on LODGING Magazine.
PHOENIX—JLL Capital Markets announced that it has arranged $24.5 million in construction financing for the development of the dual-branded Fairfield Inn and TownePlace Suites, a 148-key, select-service hotel in Tempe, Arizona. JLL worked on behalf of the borrower, EKN Development Group, to secure the three-year, floating-rate loan through Hall Structured Finance. The four-story property will feature 83 keys in the Fairfield Inn and 65 keys for TownePlace Suites. The dual-branded hotel will offer a range […]
The post JLL Capital Markets Arranges Financing for Dual-Brand Development in Tempe, Arizona appeared first on LODGING Magazine.
PONTE VEDRA, Florida—Ponte Vedra Inn & Club has unveiled 64 new beachfront guestrooms and suites at Summer House and St. John’s House. The latest renovations, following the debut of the new Ocean House and Peyton House accommodations in 2020, are a modern-day interpretation of the property, which has welcomed visitors since 1928. For nearly a century, the resort has offered guests and members a beachfront experience with southern hospitality on Florida’s northeast coast. “The refreshed […]
The post Ponte Vedra Inn & Club Completes Guestroom and Suite Renovations appeared first on LODGING Magazine.
As the world returns to travel, doing so sustainably and responsibly has never been more important. With growing impacts from climate change and rising demand for more sustainable hospitality options, Hilton is updating its environmental, social, and governance (ESG) commitments to help preserve the destinations where it operates. Hilton launched its 2030 goals four years ago as part of its ESG strategy, “Travel with Purpose,” setting science-based climate targets. Now, after a review of those […]
The post Hilton Updates Environmental, Social, and Governance Commitments appeared first on LODGING Magazine.
NEW YORK—The American Hotel & Lodging Association (AHLA) and Questex announced a collaboration to launch “The Hospitality Show” (THE SHOW), a hospitality event to be held June 27-29, 2023, at The Venetian Las Vegas. THE SHOW will be a comprehensive hospitality event to bring together industry professionals and procurement specialists from across the hospitality spectrum. The event is designed to reach AHLA’s membership across all segments, including service providers and suppliers, as well as senior […]
The post AHLA to Launch The Hospitality Show in 2023 appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance improved from the previous week, and revenue per available room (RevPAR) reached an all-time high on a nominal basis, according to STR’s latest data through July 23, 2022. U.S. Hotel Performance July 17-23, 2022 Percentage change from 2019 comparable week: Occupancy: 72.8 percent (down 6.0 percent) ADR: $158.79 (up 16.4 percent) RevPAR: $115.59 (up 9.3 percent) In addition to the weekly RevPAR level, occupancy was the highest since early August 2019. […]
The post STR: U.S. Hotel Performance, RevPAR, and Occupancy Improve appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced the sale of the Cambria Hotel Nashville Downtown for $109.5 million. In addition, the company entered a long-term franchise agreement with the buyer, and Pyramid Global Hospitality will now manage the hotel. This latest agreement reflects the increased value for Cambria Hotels’ accommodations. “The sale of the Cambria Hotel Downtown Nashville and execution of a long-term franchise agreement aligns with our long-term asset-light strategy and continues our history of […]
The post Choice Hotels Announces Sale of Cambria Hotel Nashville Downtown appeared first on LODGING Magazine.
Aimbridge Hospitality has welcomed Mark Cholupek to the role of chief legal officer. In addition, Aimbridge has also hired Tim Pruiett as senior vice president of acquisitions and investments and Emily Gerstner as vice president of philanthropic partnerships and community outreach. Main Street Hospitality has announced the appointments of Joe Gallo to president and Terry Coughlin to hospitality leadership coach. In their new roles, Gallo and Coughlin are responsible for the hospitality group and its […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts (IHG) announced partnerships with two anti-human trafficking organizations, ECPAT-USA and Polaris, to strengthen the company’s ongoing efforts against trafficking and support survivors. The launch of these engagements coincides with the United Nations’ July 30 observance of the World Day Against Trafficking in Persons, designed to call attention to the millions of individuals who are trafficked each year. Through the support of ECPAT-USA and Polaris’ programs, IHG will amplify awareness of the […]
The post IHG Hotels & Resorts Partners With ECPAT-USA and Polaris appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton Worldwide Holdings Inc. reported its Q2 2022 results. Highlights include: Diluted EPS was $1.32 for the second quarter, and diluted EPS, adjusted for special items, was $1.29. Net income was $367 million for the second quarter, exceeding the high end of guidance. Adjusted EBITDA was $679 million for the second quarter, exceeding the high end of guidance. System-wide comparable RevPAR increased 54.3 percent, on a currency-neutral basis, for the second quarter compared to […]
The post Hilton Reports Q2 2022 Results appeared first on LODGING Magazine.
According to the recently released United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the total U.S. construction pipeline stands at 5,220 projects/621,268 rooms at the close of 2022’s second quarter, up 9 percent year-over-year (YOY) by projects and 4 percent YOY by rooms. In Q2 2022, there are 965 projects/130,914 rooms currently under construction, down 17 percent YOY by projects and 18 percent YOY by rooms. Projects scheduled to start in the next […]
The post Lodging Econometrics: U.S. Construction Pipeline Closes Q2 2022 Up by Projects and Rooms appeared first on LODGING Magazine.
WASHINGTON—Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end of this year, according to the American Hotel & Lodging Association (AHLA) 2022 Midyear State of the Hotel Industry Report. Hotel room revenue is projected to surpass $188 billion by the end of 2022, eclipsing 2019 figures on a nominal basis. When adjusted for […]
The post AHLA Releases 2022 Midyear State of the Hotel Industry Report appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced results for the three months ended June 30, 2022. Highlights include: Global RevPAR grew 23 percent compared to Q2 2021 in constant currency. System-wide rooms grew 3 percent year-over-year, including 2 percent of growth in the United States and 4 percent of growth internationally. Hotel franchising segment revenues grew 18 percent year over year. Diluted earnings per share of $1.00 and adjusted diluted earnings per share of $1.07. […]
The post Wyndham Hotels & Resorts Reports Q2 2022 Results appeared first on LODGING Magazine.
Executives from IDeaS Revenue Solutions spoke to LODGING at HITEC 2022 Orlando where they touched on how and why hoteliers might do well to focus more on ADR and costs to achieve their RevPAR and profitability goals. At that time, Stephen Hambleton, director, product management, and product success; Mike Chuma, vice president, marketing, enablement, and engagement; and Ravi Mehrotra, president, co-founder, and chief scientist, took the opportunity to describe how adding technology like their newly […]
The post Anticipating Demand: IDeaS Executives on Adapting to Changing Circumstances With Tech appeared first on LODGING Magazine.
SPARTANBURG, South Carolina—OTO Development has added the DoubleTree by Hilton in North Redington Beach, Florida, to its growing beachfront portfolio. South Carolina-based OTO Development, which is part of The Johnson Group, acquired DoubleTree Beach Resort by Hilton Tampa Bay-North Redington Beach from the property’s original private ownership group. The transaction, brokered by The Plasencia Group, closed on July 18. “We are so intrigued by this DoubleTree, which has long been loved for its ideal location […]
The post OTO Development Adds DoubleTree by Hilton in North Redington Beach to Its Portfolio appeared first on LODGING Magazine.
CHICAGO—Prominence Hospitality Group announced the expansion to a new market with the addition of Avid Hotel Zeeland in Michigan to its third-party management portfolio. Situated in the submarkets of Grand Rapids and Holland, Michigan, Avid Hotel Zeeland is part of the new IHG brand and has a minimalistic design The first Avid Hotel in the Prominence portfolio, the hotel is owned by Michigan-based Zeeland Hospitality, Inc. “We opened this Avid Hotel in early 2021 and […]
The post Prominence Hospitality Group Expands Management Services With Avid Hotel Zeeland appeared first on LODGING Magazine.
NEW YORK—Mint House announced the opening of two new locations in Philadelphia—Mint House at The Ledger, a landmarked building overlooking Independence Hall, and Mint House at The Divine Lorraine Hotel, a 130-year-old landmarked property. Additionally, as part of its partnership with EB Realty Management Corp, which owns The Divine Lorraine, Mint House will open a to-be-named 47-unit full building conversion in Philadelphia’s Old City neighborhood in Q4 2022. “Our partnerships with The Ledger and The […]
The post Mint House Opens Two Philadelphia Locations appeared first on LODGING Magazine.
As the sun sets on the summer 2022 season, a vision of the hotel industry’s new post-pandemic norm lies on the horizon. While virtually all aspects of life have changed, one certainty remains clear—the COVID-19 pandemic has left an indelible mark on the way the world perceives travel. Most notably, hoteliers will welcome guests that have emerged with renewed vigor and a fresh perspective that firmly positions sustainability as a business imperative. This transitional period […]
The post New Energy-Efficient HVAC Systems Boost Bottom Line and Sustainability Image for Double the Benefit appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton released its first global brand platform that identifies what has been missing from hotel marketing—the hotel stay. ”Hilton. For the Stay” places the hotel front and center, elevating the role and importance of the stay. Hilton is debuting “It Matters Where You Stay,” a new advertising campaign to introduce the platform, using humor to push against some of the common but unspoken pitfalls of travel, poking fun at what can go wrong when […]
The post Hilton Releases Global Brand Platform Advertising Campaign appeared first on LODGING Magazine.
At HITEC 2022 in Orlando, Dax Cross, CEO of Revenue Analytics, met with LODGING, where he explained how and why his company transitioned from creating custom revenue management systems to become a software-as-a-service provider mainly for hospitality. He also described the seven feature improvements to its N2Pricing originally introduced at the height of the pandemic in 2020, which he says has an intuitive interface that enables hoteliers to access and act on fluctuations in demand […]
The post Uplifting Technology: Helping Revenue Managers With Larger Portfolios appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—While U.S. hotel construction has declined for seven consecutive months, rooms in construction in both New York City and Nashville represent a significant percentage of those markets’ existing supply. Additionally, planning activity continues to rise nationally, albeit at a slower pace, with markets such as Miami, Nashville and Phoenix showing increased interest from developers, according to STR. U.S. Hotel Pipeline June 2022 Percentage change in comparison with June 2021: In Construction: 149,198 rooms (down […]
The post STR: New York City and Nashville Significantly Represent U.S. Hotel Construction appeared first on LODGING Magazine.
SOMERVILLE, Massachusetts—Cambria Hotel Boston Somerville has opened its doors. Situated on the Somerville-Cambridge line, it converges with a moment in time for Somerville as it experiences a renaissance, and it adds to the transformation that Somerville’s Union Square is undergoing. Travelers will find a hotel that celebrates the city’s art, culture, and funk. Cambria Hotel Boston Somerville offers 163 guestrooms across its six stories and lobby space for locals and visitors alike. The hotel is […]
The post Cambria Hotel Boston Somerville Opens appeared first on LODGING Magazine.
BONITA SPRINGS, Florida—Think Simplicity announced it completed a one-year project that replaced Think Simplicity hardware at each client location. The upgrade was performed to support back-end enhancements and a Client Web Portal (CWP) that includes new features and services while ensuring the device is ready for ongoing updates. Located on property, SimplyVX is the main component of the company’s platform. Think Simplicity upgraded all primary and backup SimplyVX devices at client locations across the United […]
The post Think Simplicity Completes Project to Replace Clients’ Hardware appeared first on LODGING Magazine.
SAN FRANCISCO—With a new look, city views, and Four Seasons service, Four Seasons Hotel San Francisco At Embarcadero debuted its newly renovated 127 guestrooms and 28 suites, lobby, and fitness center, as well as its private Terrace Suites and reopening of the 40th floor open-air terrace, The Overlook. Located atop a 48-story landmark building, Four Seasons Embarcadero is within walkable access to some of San Francisco’s neighborhoods like Jackson Square and the Embarcadero waterfront. “We […]
The post Four Seasons Hotel San Francisco at Embarcadero Debuts Renovation appeared first on LODGING Magazine.
Hotel Indigo, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, has expanded its offering in New York City with the brand’s second opening this year and its fourth property overall in the city. Hotel Indigo Flushing is minutes from Flushing Main Street. The 150-room Hotel Indigo Flushing, managed by Urgo Hotels & Resorts, tells the stories of the community’s past and present, weaving its sights, sounds, and flavors into the design and guest […]
The post Hotel Indigo Flushing Opens in New York City appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released the quarterly update to its U.S. Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25) showing improved projected performance with a goal of providing the hospitality industry with predictive insights into event recovery over the next three years. Kristi White, chief product officer, Knowland, said, “Each month of the second quarter realized significant growth. With the exception of a few markets, growth exceeded predictions resulting in a shift […]
The post Knowland Releases Q2 2022 U.S. Meetings Recovery Forecast Update appeared first on LODGING Magazine.
SAN FRANCISCO—Kimpton Hotels & Restaurants announced a partnership with historic civil rights and urban advocacy organization, National Urban League. In a long-term commitment to support the mission of National Urban League, Kimpton added a give-back rate code at all of its properties and launched a career mentorship program with its hospitality executives to advise and develop individuals in the organization’s Young Professionals Program. This commitment builds upon IHG’s support of the National Urban League Urban […]
The post Kimpton Hotels & Restaurants Launches Mentorship Program With National Urban League appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—After two consecutive weeks of lower demand around the Fourth of July holiday, U.S. hotel performance bounced back from the previous week, according to STR’s latest data through July 16, 2022. U.S. Hotel Performance July 10-16, 2022 Percentage change from 2019 comparable week: Occupancy: 72.0 percent (down 7.4 percent) ADR: $157.23 (up 14.9 percent) RevPAR: $113.28 (up 6.4 percent) Among the Top 25 Markets, San Diego reported the only occupancy increase over 2019 (up […]
The post STR: U.S. Hotel Performance Increases After Two-Week Drop appeared first on LODGING Magazine.
PARSIPPANY, New Jersey—Wyndham Hotels & Resorts and Palladium Hotel Group, one of the largest Spanish hotel companies, announced a commercial alliance that will add more than 6,800 rooms to Wyndham’s Registry Collection. The 14 all-inclusive TRS Hotels and Grand Palladium Hotels & Resorts managed by Palladium Hotel Group are located in Mexico, Dominican Republic, Jamaica, and Brazil and will join Wyndham’s portfolio under a long-term agreement leveraging Wyndham’s distribution and bringing Wyndham’s all-inclusive resort portfolio […]
The post Wyndham’s Registry Collection Adds 14 Properties From Palladium Hotel Group appeared first on LODGING Magazine.
Franchised businesses have shown great resilience over the last few years and continue to attract interest from budding entrepreneurs. While all industries faced economic uncertainty due to the health crisis, the world of franchising was an attractive option for those looking to capitalize on a proven business model. Within the hospitality industry, the economy lodging segment proved to be a strong performer throughout the pandemic, appealing to hoteliers looking for a smart investment to diversify […]
The post 5 Things to Consider Before Franchising a Hotel appeared first on LODGING Magazine.
SAVANNAH, Georgia—North Point Hospitality has broken ground on its newest hotel, AC Hotel by Marriott Savannah Historic District/Riverfront. The 170-unit hotel will be located on the east end of River Street overlooking the Savannah River. “We are proud to work with Marriott International to bring this lifestyle brand to the Savannah Riverfront,” said S. Jay Patel, president and CEO of North Point Hospitality. “With more than 20 years of development and operating experience in Savannah, […]
The post North Point Hospitality Breaks Ground on AC Hotel by Marriott Savannah Historic District/Riverfront appeared first on LODGING Magazine.
Aimbridge Hospitality has welcomed Allison Reid to the newly created role of chief global growth officer. Reid’s addition to the Aimbridge leadership team represents a continued investment in securing talent and driving growth through strategic development and operations. Hyatt Hotels Corporation announced the appointment of Eben Hewitt as chief information officer, effective July 18, 2022. Hewitt will oversee technology, enterprise applications, and cybersecurity for Hyatt. Before joining the Hyatt team, he was chief technology officer […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
At the recent HITEC 2022 in Orlando, Tammy Estes, chief product officer of Nomadix, Inc, discussed the latest additions to its product portfolio, which this year has already included the Nomadix Alerts, an affordable panic button geared to the challenges of the hospitality industry, and Nomadix Networks, a response to its customers’ desire for a single source to enable all equipment to work together. She also described for LODGING the company’s focus on future-proofing and […]
The post Customer-Centric: Tammy Estes of Nomadix on Company’s Portfolio appeared first on LODGING Magazine.
WASHINGTON—With 69 percent of U.S. travelers planning a trip this summer and the July 4 holiday weekend quickly approaching, the American Hotel & Lodging Foundation (AHLA Foundation) is doubling its investment and expanding its nationwide ad campaign to more than a dozen markets this month. As the demand for strong talent increases, AHLA Foundation’s “A Place to Stay” campaign attracts new employees into the industry by showing hospitality’s competitive salary, substantial benefits, and upward career […]
The post AHLA Foundation Expands “A Place to Stay” Campaign appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association announced three new additions to its government affairs staff—hires that will further expand the organization’s robust government affairs and advocacy capabilities. Leeann Paradise has been named AHLA’s vice president of political and member engagement. In this new role, she will work with both the federal and state and local government affairs teams to increase AHLA’s grassroots and political engagement. She will be charged with leading both HotelPAC, AHLA’s political […]
The post AHLA Adds Three New Government Affairs Hires appeared first on LODGING Magazine.
PARSIPPANY, N.J.—Wyndham Hotels & Resorts unveiled RevIQ, a next-generation, cloud-based, mobile-first revenue management system designed to help franchisees optimize their revenue strategies and grow market share. Created in collaboration with IDeaS, RevIQ is built for the needs of Wyndham franchisees and is designed to deliver performance while keeping control, flexibility, and simplicity at the forefront. Leveraging real-time data and analytics to make automatic pricing recommendations and adjustments, the platform integrates with Wyndham’s property management systems […]
The post Wyndham Releases New Revenue Management Software: RevIQ appeared first on LODGING Magazine.
ALPHARETTA, Georgia—ProfitSword demonstrated upgrades to its platform at HITEC 2022 in Orlando. The latest release includes a newly enhanced user interface featuring versatile dashboards and functionality, as well as security enhancements that enable multi-factor authentication. The team also showed its Document Management and Workflows for night auditors. These combined upgrades are designed to provide hoteliers with secure and easy-to-use tools for minimizing costs and optimizing property performance. The new ProfitSword user experience includes improved navigation […]
The post ProfitSword Upgrades Platform With New User Interface appeared first on LODGING Magazine.
World Cinema introduced a multitude of service-related advancements, including the next generation of the WorldVue platform, a redesigned customer portal, and an array of value-focused retrofit property solutions. WorldVue World Cinema announced the next generation of WorldVue, an expansion of the industry’s customizable guest entertainment platform servicing over 350,000 rooms. In addition to improving the overall guest experience, the upgraded WorldVue platform lets hotel managers promote local services and upcoming events directly through the entertainment […]
The post World Cinema Introduces Service-Related Advancements appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland and Uniguest announced a technology partnership resulting in the Knowland Connector, an interface making data integration with the Knowland Platform seamless across property-level systems. The partnership addresses the ongoing challenges of complex and fragmented data across the hospitality technology stack. The Knowland Connector enables Knowland to electronically ingest data from different sources, including brand-specific and industry-standard sales and catering, digital signage, CRM, and PMS platforms. Universal interface reduces friction: Integrates data from various […]
The post Knowland and Uniguest Partner and Form Knowland Connector appeared first on LODGING Magazine.
BETHESDA, Maryland—Pebblebrook Hotel Trust announced it has acquired the 257-room Gurney’s Newport Resort & Marina in Newport, Rhode Island for $174.0 million. Gurney’s Newport is a 10-acre waterside resort located on Goat Island in Newport, Rhode Island. The independent resort has water views of Narragansett Bay as well as Newport Harbor and the Newport Bridge. Gurney’s Newport has 257 guestrooms, including 18 suites and 80,000 square feet of flexible indoor and outdoor event space, surrounded […]
The post Pebblebrook Hotel Trust Acquires Gurney’s Newport Resort & Marina appeared first on LODGING Magazine.
As industry recovery has progressed, the focus has been less on overall performance metrics and more on the detailed demand composition of recovery. Transient demand has led the way through the past two years, hovering between 80-95 percent of 2019 levels for the past 12 months. Group demand, on the other hand, has been uniquely impacted in this downturn, not solely by financial concerns, but by health risks and limitations on gatherings. For many hotels […]
The post Recovery Composition: Returning Group Demand Meets New Trend in Rate Premium appeared first on LODGING Magazine.
The franchisee market is vast, and the effect the pandemic has had on them has been immense. Hotel chains are looking at this market with a different eye than in the past. Major chains are accelerating their move to an asset-light model, and with that acceleration, the importance of the hotel chain model means that the franchise operator relationship has intensified. As chains become more dependent on fees from their franchise properties, it’s time to […]
The post Open Communication: Keeping Franchisees Involved in Technology Solutions appeared first on LODGING Magazine.
MINNEAPOLIS—IDeaS announced a Channel Forecasting Dashboard for IDeaS G3 Revenue Management System (RMS), empowering profitable decision-making across all channels. Available to clients with channel costs loaded into G3 RMS, the Channel Forecast Dashboard provides hospitality organizations with an ability to monitor and manage channel performance and costs to understand the profitability of both direct and indirect business and report on and forecast net channel KPIs. Commercial optimization: IDeaS G3 RMS uses analytics and reporting to […]
The post IDeaS Introduces Channel Forecasting Dashboard for G3 RMS appeared first on LODGING Magazine.
Legislation passed in one state or locality—positive or negative—can have a ripple effect throughout the country. That’s why the American Hotel & Lodging Association has invested heavily in expanding its state and local government affairs team and strengthening our relationships with state and local association members. To that end, in just the last year, we’ve launched the American Hospitality Alliance and tripled the size of AHLA’s state and local government affairs team. We want to […]
The post Legislative Wins: Hoteliers Secure a Big Victory in Georgia appeared first on LODGING Magazine.
ATLANTA—Noble Investment Group (Noble) announced the acquisition of the Hilton Garden Inn Boise | Downtown, capping more than $1 billion of investment activity over the past year. Boise is the Pacific Northwest’s third most populous region behind Seattle and Portland, known for its combination of urban lifestyle and outdoor adventure. The city is home to three Fortune 500 companies—Albertsons, Inc., Boise Cascade, and Micron Technology Inc.—as well as numerous corporate headquarters, including the Simplot World […]
The post Noble Investment Group Acquires Hilton Garden Inn Boise | Downtown appeared first on LODGING Magazine.
PARIS—Fairmont Hotels & Resorts announced its first global partnership with Make-A-Wish after nearly two decades of working together at multiple locations across Canada, the United States, Europe, and the Middle East. Fairmont and Make-A-Wish are launching a new global program, Wishes Start Here, to provide experiences that transform children’s lives and help create lasting memories. Whether it’s transforming a child into a princess, a cowboy, or a chef; providing a dream vacation destination; or giving […]
The post Fairmont Hotels & Resorts Forms Global Partnership With Make-A-Wish appeared first on LODGING Magazine.
BETHESDA—myDigitalOffice (MDO) announced the acquisition of Datavision Technologies. Datavision’s hospitality BI platform provides a full view into hotel operations, letting customers create reports and dashboards that contain insights into operations and customer service levels. Datavision’s tools combined with MDO’s growing data lake position customers to access a data and reporting platform. “We’re thrilled to welcome Datavision into the MDO family and couldn’t be more excited for our amazing customers, like Mandarin Oriental Hotel Group, and […]
The post myDigitalOffice Acquires Datavision Technologies appeared first on LODGING Magazine.
CHICAGO—Hyatt Hotels Corporation announced the opening of Hyatt Place Fort Worth/Alliance Town Center, expanding the Hyatt Place brand’s global footprint. The new hotel features the Hyatt Place brand’s design, atmosphere, and amenities, such as free WiFi and 24-hour food offerings. The hotel is owned by Moon Hotel Alliance Investment, LLC and is managed by Prism Hotels & Resorts of Dallas, Texas. For guests staying in Fort Worth, Alliance Town Center is a mixed-use destination with […]
The post Hyatt Place Fort Worth/Alliance Town Center Opens appeared first on LODGING Magazine.
Omni Hotels & Resorts Chairman Peter Strebel noted “a level of optimism” at the recent 44th annual NYU International Hospitality Industry Investment Conference, where he shared with LODGING some of the ways Omni is forging ahead with thoughtful growth as well as continual investment in its properties and people to meet the needs of team members, the hotel organization, and the people it serves. Strebel says because Omni owns and operates its hotels—there are no […]
The post Forging Ahead: Omni’s Chairman Peter Strebel on the Company’s Thoughtful Growth appeared first on LODGING Magazine.
The pandemic forced the acceleration of cashless, digital payments and some of the U.S. population now uses a form of digital wallet. For onsite restaurants, the shift towards digital payments and increased customer reliance on takeaway and delivery services resulted in many hotel guests not knowing how to tip or even whether a tip goes directly to the worker who served them. The removal of tip envelopes from guestrooms because of COVID-19 guidelines made it […]
The post Changing Landscape: Adapting to Digital Tipping Operations appeared first on LODGING Magazine.
SPARTANBURG, South Carolina—OTO Development has repositioned an oceanfront property along the North Carolina coast as Lumina on Wrightsville Beach, a Holiday Inn Resort. OTO, which is part of The Johnson Group, acquired the Holiday Inn Resort Wilmington E-Wrightsville Beach in December 2020 and completed its transition to Lumina on Wrightsville Beach on Tuesday, June 21. The new name draws on the history of a pavilion constructed in 1905. Built by a pioneering utility company at […]
The post OTO Development Repositions Lumina on Wrightsville Beach, a Holiday Inn Resort appeared first on LODGING Magazine.
MCLEAN, Virginia—Hilton announced a new digital art and NFT pilot program that will show seasonally rotating art collections from digital artists in select New York City properties. In partnership with Niio Art, Hilton will install digital artwork in guestrooms and public spaces at its New York Hilton Midtown and Conrad New York Midtown properties. From the art collections found in every Conrad hotel around the globe to the technologies designed to enhance the guest experience, […]
The post Hilton Announces Digital Art and NFT Pilot Program appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal basis and a pandemic-era high on an inflation-adjusted basis, according to STR’s latest data through June 18, 2022. U.S. Hotel Performance June 12-18, 2022 Percentage change from comparable week in 2019: Occupancy: 71.8 percent (down 4.8 percent) ADR: $155.02 (up 14.9 percent) RevPAR: $111.29 (up 9.4 percent) The occupancy level was the highest of the pandemic-era thanks to the […]
The post STR: RevPAR Reaches an All-Time High for the Second Consecutive Week appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Cambria Hotels launched six destination-inspired interpretations of its Cambria Margarita. Curated by the brand’s Certified Cicerone and Mixologist Zach O’Haire, the Taste of the Destination margaritas enhance the bar-forward experience at Cambria Hotels. Guests staying at Cambria Hotels can experience a taste of the surrounding city with the brand’s margaritas infused with signature flavors. Six selected Cambria hotel destinations will offer a specialty margarita for each destination. The Taste of the Destination margaritas are […]
The post Cambria Hotels Launches Summer-Inspired Margaritas at Six Hotels appeared first on LODGING Magazine.
Jacqueline Berry has been appointed to group director of spa and wellbeing of Miraval Group. In her position, Berry is responsible for overseeing the Life in Balance Spas and their integrative wellbeing programming across its portfolio. The Central Station, a Curio Collection by Hilton hotel managed by Valor Hospitality Partners, announced the appointment of Troy Dixon to general manager. Dixon will lead daily operations, guest relations, and team development. Dorchester Collection announced the appointment of […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
According to Bruce Redman Becker of Becker + Becker, who owns and was the lead architect developer for the country’s first Passive House-certified hotel, Hotel Marcel New Haven, Tapestry Collection by Hilton, in New Haven, Conn., being both architect and developer helped the process proceed more smoothly than it might have otherwise. Becker describes the evolution of this eco-friendly property, which began life in 1970 as the Armstrong Rubber Company headquarters and is now listed […]
The post It’s Electric: Hotel Marcel Owner Bruce Redman Becker on Developing a Net-Zero Hotel appeared first on LODGING Magazine.
Hotel and lodging operators are entering into what is expected to be a busy travel season amid unprecedented circumstances. Labor shortages, supply chain disruptions, and the lingering impacts of COVID-19 have changed the overall travel experience for both workers and guests. After two years of travel restrictions, many will consider traveling for longer periods of time this summer season. Like people, pests love to travel. As occupancy rates increase, so do the chances of pest […]
The post Pest Control: Three Tips for Staying Ahead of Summer Pests appeared first on LODGING Magazine.
The COVID-19 pandemic has significantly shifted the labor workforce, and the hospitality industry is continuing to face a shortage of workers to help house those returning to travel. To discuss the labor crisis facing the hospitality industry and how hotels can handle those challenges, LODGING spoke with CEO of UniFocus Moneesh Arora at the 44th annual NYU International Hospitality Industry Investment Conference. The hospitality industry is in an environment that’s changing day by day. Has […]
The post Labor Attentive: UniFocus CEO on Pivoting to Employee Experiences appeared first on LODGING Magazine.
As the hotel industry emerges from the COVID pandemic, it’s clear that the desire for travel has not diminished these past two years. However, today’s guest expectations have never been greater. The hotel owners and operators who evolve their offerings to meet and exceed those expectations will stand out from the crowd. Hospitality teams have expanded their strategies to examine and improve all aspects of the guest journey, from the dreaming and research phases, through […]
The post How Hoteliers Can Maximize Revenue and Engagement Along the Entire Guest Journey appeared first on LODGING Magazine.
NEW YORK—FTI Consulting (Cayman) Ltd. announced that David Griffin and Iain Gow have been appointed Receivers of a Grand Cayman hotel, formerly known as the Margaritaville Beach Resort Grand Cayman, by the secured charge holder. FTI Consulting will immediately launch a process to sell the resort. The 285-key, five-story resort is located in the Seven Mile Beach corridor and is situated close to Camana Bay, a waterfront town center with shopping, restaurants, bars, and an […]
The post FTI Consulting Announces Sale Process for Grand Cayman Hotel appeared first on LODGING Magazine.
During the recent 44th annual NYU International Hospitality Industry Investment Conference, STR and Tourism Economics released a revised timeline for RevPAR recovery, maintaining that “on a nominal basis, the metric is now expected to surpass 2019 levels in 2022.” A major factor in that timeline, President of STR Amanda Hite told LODGING, was an adjustment in the average daily rate to +$11, $1 more than the previous forecast. What she calls a “conservative estimate of […]
The post Revised Forecast: Amanda Hite of STR on What’s Behind Rising RevPAR and GOPPAR appeared first on LODGING Magazine.
ATLANTA—IHG Hotels & Resorts announced that more than 25 Holiday Inn Express properties with Formula Blue 2.0, the next evolution of the brand’s design solution, have opened across the United States and Canada. Holiday Inn Express is committed to delivering owner economics and guest experiences. Whether travelers are hitting the road for leisure or business, they can experience the latest in Formula Blue design from Valencia-Santa Clarita, California, to White Marsh, Maryland. IHG first released […]
The post Holiday Inn Express Opens Over 25 Hotels With Formula Blue 2.0 appeared first on LODGING Magazine.
COLUMBUS, Ohio—Red Roof announced the opening of the Red Roof PLUS+ & Suites in Erie, Pennsylvania. Red Roof PLUS+ & Suites Erie is a 100-room hotel that sits near I-90 just off I-79. The hotel offers free WiFi and access to guest coin laundry. Guests are also provided with streaming services in every room, including Netflix, Hulu, and Spotify. All rooms also come equipped with a flat-screen TV, microwave, and mini-fridge. Red Roof PLUS+ & […]
The post Red Roof PLUS+ & Suites Erie, Pennsylvania, Opens appeared first on LODGING Magazine.
LOS ANGELES—EVPassport announced the release of the EVPassport Hotel Cloud, an EV charging software platform to drive hotel guest engagement, satisfaction, and loyalty while prioritizing the business needs of the hotel property. EVPassport Hotel Cloud allows hotel properties to integrate EV charging into the guest’s digital journey. “What if plugging into an EV charger at your hotel would automatically do things like check the guest into their room, sync extra loyalty points on their account, […]
The post EVPassport Launches EV Charging Software Platform appeared first on LODGING Magazine.
It’s always important to know what to look for when hiring new revenue managers. But in today’s tight job market, it’s even more valuable to find ways to embrace revenue managers within an organization and help nurture their professional growth. This may mean confronting the ways in which the revenue management position has changed over the past business cycle, as well as what must be done to adapt to the industry as it continues to […]
The post People-First Perspective: Growing and Shaping Revenue Leaders appeared first on LODGING Magazine.
Jay Stein, who is CEO of the hotel brand and management company Dream Hotel Group, says the labor shortage bedeviling the hospitality industry has impacted—but has not halted—the company’s growth, which is including a focused on secondary markets such as the Dallas suburb of Frisco, where it will open Dream Frisco in 2026. This 200-key boutique hotel, he told LODGING at the 44th annual NYU International Hospitality Industry Investment Conference, will be the hospitality center […]
The post New Directions: Dream Hotel Group’s CEO on Growing While Adapting to Continuing Challenges appeared first on LODGING Magazine.
SAN ANTONIO—Hyatt Regency San Antonio announced the completion of a $38 million renovation. The project transformed the hotel’s 602 guestrooms and 28 suites to reflect an urban experience showing its location as a connection between Alamo Plaza and the River Walk. “We are ecstatic to celebrate the momentous milestone anniversary of 40 years in the San Antonio community with a new and vibrant chapter for our iconic River Walk hotel,” said Philip Stamm, area vice […]
The post Hyatt Regency San Antonio Completes Renovation appeared first on LODGING Magazine.
Getting a good night’s sleep is important to our well-being. It recharges us and provides us with energy to face the new day. But sometimes getting the quality sleep needed to face a day of business meetings or chasing the kids at the beach can be a challenge in a hotel guestroom. Getting a good night’s sleep at a hotel is not just about a pillow-top mattress and high thread-count sheets. It’s about sound, lighting, […]
The post Rest and Relaxation: Enhancing the Guestroom Sleep Environment appeared first on LODGING Magazine.
WASHINGTON—American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers released the following statement today after the Biden Administration announced it was lifting its requirement for travelers to test negative for COVID-19 before entering the United States, beginning at midnight Sunday, June 12, 2022. “Today’s announcement is a significant win for hotels and the broader travel industry. AHLA consistently called on the Administration and Congress to lift this testing requirement, which was out of […]
The post AHLA Makes Statement on Lifting U.S. COVID-19 Testing Travel Requirements appeared first on LODGING Magazine.
UJA Federation of New York honored David Kong, former president & CEO of Best Western Hotels & Resorts, at its Hospitality Division Annual Event on June 7, 2022, at the Marriott Marquis in New York City. Chip Rogers, president and CEO of the American Hotel & Lodging Association and 2021 honoree, presented Kong with his award in recognition of his professional and philanthropic achievements. Funds raised at this year’s event benefit UJA’s annual campaign and will […]
The post UJA Federation Honors David Kong With Achievement Recognition Award appeared first on LODGING Magazine.
ATLANTA—The Starling officially debuted as the latest evolution of Atlanta’s Hotel Midtown. The rebrand joins the Curio Collection by Hilton, a global portfolio of hotels, each picked for its character and personality. The Starling marks the brand’s second property in the Atlanta area and adds to Hilton’s roster of full-service Atlanta properties. Formerly known as the W Atlanta Midtown, the hotel’s new identity, under the Curio Collection by Hilton brand, pays homage to its home […]
The post W Atlanta Midtown Rebrands to The Starling appeared first on LODGING Magazine.
CHICAGO and SAN JOSE—Black Bear Capital Partners (BBCP), a subsidiary of Black Bear Asset Management, announced that it has arranged $27.5 million in hotel financing, which includes the acquisition of a corporate-owned Motel 6 hotel in San Jose, California. Black Bear Capital Partner’s Senior Managing Director Suraj Desai arranged both components of the financing package. The recent transaction includes a one-year, $23.1 million floating-rate, non-recourse loan, with full-term interest-only payments, which represents a 75 percent […]
The post Black Bear Capital Partners Arranges Financing for Motel 6 San Jose Acquisition appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Reflecting an expected post-Memorial Day holiday slowdown, U.S. hotel performance fell from the previous week, according to STR’s latest data through June 4, 2022. U.S. Hotel Performance May 29-June 4, 2022 Percentage change from 2019 comparable week: Occupancy: 63.2 percent (down 12.1 percent) ADR: $147.35 (up 11.3 percent) RevPAR: $93.16 (down 2.2 percent) While none of the Top 25 Markets showed an occupancy increase over 2019, Orlando came closest to its pre-pandemic comparable (down […]
The post STR: U.S. Hotel Performance Fell Following Memorial Day Travel appeared first on LODGING Magazine.
The Sheraton Reston Hotel in Virginia recently underwent a full renovation of its public spaces and guestrooms. Owned by Wurzak Hotel Group and DoveHill Capital Management, the six-floor, horseshoe-shaped hotel combines 302 guestrooms, including 10 suites, with nine meeting rooms, grand ballrooms, and amenities including a new fitness center and Sheraton Club Lounge. Catie Cannon, interior designer with Washington, D.C.-based architecture and design firm //3877, says that the lobby design marries this unique floorplan with […]
The post Active Space: The Lobby at the Sheraton Reston Hotel, Virginia appeared first on LODGING Magazine.
PLANO, Texas—Enseo launched Enseo’s NevayaCast. With this partnership, Enseo delivers the Nevaya Cloud platform, a solution approved by Google for the use of Chromecast in hospitality (hotels, student accommodation, assisted/senior living, cruise ships, and more). The partnership allows guests and residents to stream their content to in-room TVs. Michiel van Eldik, GM/VP EMEA devices and services at Google said, “We are delighted to be working with Nevaya to deliver a cloud-based in-room hospitality solution using […]
The post Enseo Partners With Nevaya Cloud and Launches NevayaCast appeared first on LODGING Magazine.
Hospitality was one of the industries hardest hit by pandemic shutdowns, travel restrictions, and canceled events. As demand returns for leisure travel, events including corporate travel, conferences, and more have not yet returned to normal, and inflation could have some consumers rethinking their vacation plans. While the hotel industry is positioned to protect profits against inflation by adjusting daily room rates and the cost of labor, consumers’ budgets cannot be simply managed. Preserving the progress […]
The post Building Relationships: Creative Ways to Impact Customer Retention appeared first on LODGING Magazine.
IHG Hotels & Resorts (IHG) celebrated 6,000 open hotels by unveiling the “6,000 Club” and announcing partnerships with sports and entertainment events. The 6,000 Club features a collection of newly opened hotels from IHG’s portfolio, showing the global reach of its 17 brands and the many ways its hotel teams work with owners and guests by delivering True Hospitality for Good. The milestone was commemorated by IHG CEO, Keith Barr, at the New York Stock […]
The post IHG Hotels & Resorts Celebrates 6,000 Open Hotels appeared first on LODGING Magazine.
ARLINGTON, Virginia—Knowland released its monthly meetings and events data for May with a significant increase of 276 percent over May 2021. May 2022 rebounded from April 2022 with a 12.5 percent increase month over month. Average attendees per event continue to outpace 2019: The average number of attendees per event for May 2022 was 123, compared to 65 in May 2021 and 92 in May 2019. Average space used per person lower than 2019: The […]
The post Knowland: May Meetings and Events Data Rebounds From April appeared first on LODGING Magazine.
YOTEL announced a series of several senior appointments: Rohan Thakkar has been promoted to chief development officer; Edward Pinchard joins as chief commercial officer; Olivia Donnan joins as vice president of brand and communications; Clare Bastiman has been promoted to vice president of commercial operations; Nader Nawwar has been promoted to vice president of business performance, Europe and Middle East; Travis Breen has been named vice president of business performance, USA; and Augustin Cacot joins […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Association (AHLA) announced it has welcomed six new Premier Partners, growing the program to a record 27 partners and expanding the industry verticals represented. “We are excited to welcome these new partner organizations to the AHLA family as we continue to grow our reach and impact,” said Chip Rogers, president and CEO of AHLA. “Our work is more important than ever, and our growing membership base will help ensure that […]
The post AHLA Welcomes Six New Premier Partners appeared first on LODGING Magazine.
NEW YORK—During day two of the 44th annual NYU International Hospitality Industry Investment Conference, hosted by the NYU SPS Jonathan M. Tisch Center of Hospitality at the New York Marriott Marquis in New York City, the conversation focused on the changing dynamics of the industry and how hotels and the entire travel and tourism industry are keeping up with, and staying ahead of, factors that are profoundly influencing the business including changing consumer preferences, technology, […]
The post Dynamic Shifts: Highlights From 44th Annual NYU International Hospitality Industry Investment Conference appeared first on LODGING Magazine.
PHILADELPHIA, Pennsylvania—HHM and Urgo Hotels & Resorts (Urgo) have entered into a definitive agreement that, upon closing, will result in Urgo becoming a wholly-owned subsidiary of HHM and, as part of the total consideration, the founding members of Urgo will become shareholders of HHM. The combined company will operate over 235 hotels in North America, with HHM expanding into Canada and entering new markets in the United States while adding mountain leisure, development, and condo-hotel […]
The post HHM to Integrate Urgo Hotels & Resorts Into Platform appeared first on LODGING Magazine.
For the first time, Virgin Limited Edition and Virgin Hotels have come together to jointly pursue global opportunities, fitting for each individual brand. Virgin Hotels has been making its mark in locations across major cities in the United States and the United Kingdom, combining heartfelt service with a personalized hotel experience. The brand has a business development team exploring international expansion opportunities alongside a global growth strategy, which has already seen five hotels open and […]
The post Virgin Limited Edition Announces Partnership With Virgin Hotels appeared first on LODGING Magazine.
CHICAGO—In conjunction with the start of the 44th annual NYU International Hospitality Industry Investment Conference, Hyatt Hotels Corporation shared an update on operating results for May, summer travel booking trends, and confirmation of the closing of previously announced asset dispositions. “We are delighted that we closed on the last of four previously announced owned hotel dispositions. In total, these four dispositions generated $812 million in gross proceeds and demonstrate meaningful and expeditious progress towards our […]
The post Hyatt Hotels Corporation Shares Operating Results for May 2022 appeared first on LODGING Magazine.
NEW YORK — On Monday, the NYU School of Professional Studies Jonathan M. Tisch Center of Hospitality convened top hospitality industry executives and thought leaders from across the United States and around the world for its 44th Annual NYU International Hospitality Industry Investment Conference at the New York Marriott Marquis in New York City. The conference provided a deep dive into the current state of the industry and what is to be expected in the […]
The post Hospitality Leaders Convene at 44th Annual NYU International Hospitality Industry Investment Conference appeared first on LODGING Magazine.
NEWTON, Mass. — Sonesta International Hotels Corporation announced 50 new franchised hotels with Sonesta brands since the beginning of 2022. Sonesta began franchising Sonesta Hotels, Sonesta Select, Sonesta ES Suites, and Sonesta Simply Suites in September 2021. Sonesta has franchised hotels with 20 different ownership groups, ranging from hospitality equity funds to individual owner/operators, all of whom are new Sonesta franchisees. These new franchise owners have collectively committed to franchise an additional 20 hotels using […]
The post Sonesta Adds 50 Franchised Hotels With 20 New Franchisees appeared first on LODGING Magazine.
BETHESDA, Md. — At the 44th Annual NYU International Hospitality Investment Conference, Marriott International announced the launch of “Marriott’s Bridging The Gap,” a multiyear, $50 million development program that aims to address the barriers to entry that historically underrepresented groups face in owning and developing hotels in the United States and Canada. Recognizing that access to capital constitutes a critical barrier to market entry, Marriott will offer financial and other incentives to qualified historically underrepresented […]
The post Marriott Launches ‘Marriott’s Bridging The Gap’ Hotel Development Program appeared first on LODGING Magazine.
ROCKVILLE, Md. — Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc., celebrated the milestone opening of the brand’s 60th hotel—and seventh location in South Carolina—with the debut of the Cambria Hotel Columbia Downtown the Vista. The brand also announced the start of construction on the Cambria Hotel Rehoboth Beach in Rehoboth Beach, Delaware—its first property in the state. Cambria hotels are currently open across the United States in cities such as Chicago, […]
The post Cambria Hotels Opens 60th Property, Breaks Ground on First Delaware Location appeared first on LODGING Magazine.
NEW YORK—STR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric is now expected to surpass 2019 levels in 2022, according to the latest forecast just presented at the 44th Annual NYU International Hospitality Industry Investment Conference. The major factor in the revised timeline was a +$11 adjustment in 2022 average daily rate (ADR). Occupancy for the year is projected to come […]
The post STR, Tourism Economics Upgrade Forecast to Full U.S. RevPAR Recovery in 2022 appeared first on LODGING Magazine.
NEW YORK — Today, Jonathan Tisch, chairman and CEO of Loews Hotels & Co, called on travel and hospitality leaders at the 44th annual NYU International Hospitality Industry Investment Conference to position travel as both an economic driver and an essential component of a healthy, functioning society in a post-pandemic world. “Travel is essential to the way we work and live—because it has tremendous potential to connect us—to each other, to ideas, and to opportunity,” […]
The post Loews Hotels & Co Chairman and CEO Jonathan Tisch to NYU Hospitality Conference Attendees: ‘Travel Is Essential’ appeared first on LODGING Magazine.
AUSTIN, Texas—A new study by Oracle Hospitality and Skift shows that 95 percent of people plan to travel in the next six months with 29 percent taking a “revenge travel” trip—however, many want to eliminate the “touch” from the high-touch industry they once knew. Nearly three-quarters (73 percent) of travelers want to use their mobile devices to manage their hotel experience, including checking in and out, paying, ordering food, and more. This is good news […]
The post Oracle Hospitality: Revenge Travel and Low-Touch, Personalized Trips Lead 2022 Trends appeared first on LODGING Magazine.
Just across from the historic City Hall in Tampa, Florida, is the newly constructed, 17-story Hyatt Place and Hyatt House Tampa Downtown. The dual-branded hotel shares a lobby and a focus on showcasing art that captures the essence of the city and its history. Hotel development company HRI Hospitality, New Orleans-based architecture firm HCI Architecture, and hospitality-focused interior design firm Stonehill Taylor collaborated with Austin, Texas-based art consulting firm Eaton Fine Art to curate a […]
The post Artful Approach: Hyatt Place and Hyatt House Tampa Downtown appeared first on LODGING Magazine.
SAN FRANCISCO—Noble House Hotels & Resorts announced it has implemented Duetto across its portfolio. Noble House Hotels & Resorts operates a collection of 25 hotels and resorts. Offering beach, ski, and urban destinations, each property has its own segmentation, pricing, and promotion structure. As such, the company needed a revenue management platform to assist leadership in building a connected commercial strategy. Noble House had been working with a pricing solutions provider for a few years, […]
The post Noble House Hotels & Resorts Implements Duetto Across its Portfolio appeared first on LODGING Magazine.
Fairmont Hotels & Resorts, part of Accor, with Thunderbird Legacy Development, announced the signing of definitive agreements for the development and management of a new Fairmont Hotel and Residences in downtown Phoenix. Scheduled to open in early 2025, Fairmont Phoenix will offer a hotel and residential experience in the downtown market and will join a portfolio of luxury hotels in North America, including brand flagships such as Fairmont Grand del Mar in San Diego; The […]
The post Fairmont Hotels & Resorts Signs Agreements for a Phoenix Property appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel performance dipped slightly from the previous week, according to STR’s latest data through May 28, 2022. U.S. Hotel Performance May 22-28, 2022 Percentage change from 2019 comparable week: Occupancy: 66.5 percent (up 3.2 percent) ADR: $151.73 (up 22.2 percent) RevPAR: $100.97 (up 26.2 percent) Among the Top 25 Markets, Phoenix saw the highest performance increases over 2019: occupancy (up 19.6 percent to 69.9 percent), ADR (up 50.8 percent to $149.06), and RevPAR […]
The post STR: U.S. Hotel Performance Dips From Previous Week appeared first on LODGING Magazine.
LENOX, Massachusetts—Following extensive renovations, three boutique properties located in downtown Lenox are reopening together as part of The Lenox Collection, a newly reimagined family of inns connected by their historical roots in the town and contextual design. Part of the reopening is Ophelia’s, a 66-seat restaurant and bar offering farm-to-table food in an indoor-outdoor setting with local ingredients and a cocktail list. New York-based 388 Ventures acquired the properties in 2021 and brought on independent […]
The post Life House Renovates Three Hotels and Launches The Lenox Collection appeared first on LODGING Magazine.
According to Chris Breen, head of partnerships at Public Goods, which creates sustainable products for consumers and—increasingly—hospitality businesses, the key to procuring amenities that are best for the planet is simplicity. Breen shares with LODGING how hoteliers can change what is often a wasteful approach to guest amenities, including by ditching single-use plastic bottles of soap, shampoo, conditioner, and lotion and switching to tamperproof bulk dispensers. Eliminating single-use plastics is becoming a necessity. Reducing plastic […]
The post Five Things to Know About Sourcing Sustainable Amenities appeared first on LODGING Magazine.
AUSTIN, Texas & PARSIPPANY, New Jersey—Wyndham Hotels & Resorts announced the opening of the first La Quinta and Hawthorn Suites dual-branded hotel concept in Pflugerville, one of Texas’ suburbs. This pairing enables owners to reach guests seeking both extended-stay and leisure and business transient accommodations. This dual-brand concept offers amenities and services to deliver a memorable guest experience and value. This new brand pairing has contributed to 48 hotels in Wyndham’s development pipeline of over […]
The post Wyndham Opens First La Quinta and Hawthorn Suites Dual-Brand Hotel appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. hotel gross operating profit per available room (GOPPAR) exceeded the pre-pandemic comparable for a second consecutive month, according to STR’s April 2022 P&L data release. The GOPPAR, TrevPAR, and EBITDA PAR levels were the highest for the country since November 2019. U.S. Hotel Performance April 2022 GOPPAR: $90.96 TRevPAR: $218.40 EBITDA PAR: $68.37 LPAR (Labor Costs): $64.22 “As the top-line metrics continue to progress toward full recovery, it is no surprise that the […]
The post STR: U.S. GOPPAR Exceeds Pre-Pandemic Levels for Second Consecutive Month appeared first on LODGING Magazine.
BOSTON—Benchmark Pyramid announced the company has rebranded to Pyramid Global Hospitality. The parent entity will include multiple divisions responsible for specific industry segments. All branded properties in the Americas will fall under the purview of Pyramid Global Hospitality. Benchmark, Pyramid Luxury Lifestyle will focus on the company’s portfolio of independent properties. Hamilton, Pyramid Europe will continue to be responsible for the company’s growing portfolio of European hotels. “Prior to the merger, each entity had its […]
The post Benchmark Pyramid Rebrands to Pyramid Global Hospitality appeared first on LODGING Magazine.
According to the National Floor Safety Institute (NFSI), slips and falls account for over eight million hospital emergency room visits annually. These visits include falling on stairs, ladders, tripping over a loose cord on the floor, an unseen obstruction, an unexpected drop in the floor, or an unexpected elevation in the floor. Slip and fall accidents in this article refer to accidents that happen when someone slips or falls due to the condition of the […]
The post Ensuring Floor Safety: Slip-Resistant Tips for Hoteliers appeared first on LODGING Magazine.
Sonesta International Hotels Corporation announced two additions to its leadership team. Jeanne Montgomery Smith joins Sonesta as vice president of revenue management and Kaaren Hamilton has been promoted to vice president of global sales. Peachtree Hospitality Management announced that Director of People and Culture Joe Palmer has been promoted to vice president, risk management. In this newly created role, he will take responsibility for providing the strategic vision for the company’s insurance, safety, and risk […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
PLANO, Texas—Enseo announced the launch of CORE by Enseo, a rebrand of Enseo Entertainment Experience (E3), with upgrades including control and visibility through advanced tools. With several feature updates, CORE gives hotels and communities advanced flexibility with their system interactions. “CORE by Enseo is the source of everything that Enseo offers,” said Kris Singleton, president and CIO of Enseo. “E3, our platform, has served us well, but Enseo innovates, and E3 has expanded significantly over […]
The post Enseo Rebrands E3 Offering to CORE by Enseo appeared first on LODGING Magazine.
NEW YORK—From April 26-28, 2022, HD Expo + Conference gathered 5,000 designers, architects, brand executives, hoteliers, developers, purchasers, and other attendees from 36 countries at the Mandalay Bay in Las Vegas to experience new products, conversations, and events. Topics during the conference—created by Hospitality Design magazine—ranged from culture as community-building, sustainability, and wellbeing to business advice, project case studies, and the future of the industry. In addition to 450 exhibitors, activation spaces included the HD […]
The post Design Takeaways From HD Expo + Conference 2022 appeared first on LODGING Magazine.
HotStats reports that despite record gas prices, ballooning airfares, and inflation roiling the globe, hotel performance remained widely steady—if not getting better—in April 2022 with increases in both the top and bottom line. Here are some of HotStat’s findings from April 2022: United States In the United States, April’s gross operating performance per available room (GOPPAR) hit $96.08, which was 92 percent back to where it was pre-pandemic. Accounting for the rise was a strong […]
The post HotStats: April 2022 Hotel Performance Remained Steady appeared first on LODGING Magazine.
SAN DIEGO—RMS North America introduced Solonis, a cloud-based property management system built for the hotel industry. The first brand expansion of RMS, Solonis was made by a team of hospitality and business intelligence professionals with more than 35 years in the industry and helps property owners increase occupancy, enhance the guest experience, and optimize revenue. “The hospitality industry has been burdened by outdated, overly complicated systems for too long—that’s why we created a PMS that […]
The post RMS North America Introduces Solonis, a Cloud-Based PMS appeared first on LODGING Magazine.
FLORENCE, South Carolina—Raines has added the Fairfield Inn & Suites by Marriott Charleston North/Ashley Phosphate in North Charleston, South Carolina, to its portfolio of branded, boutique, and lifestyle properties in the Southeast region of the United States. This addition marks the fourth third-party managed property in the company’s portfolio of largely operator-owned assets and the seventh hotel in the Charleston area for Raines. “Even though we haven’t talked much about it, third-party management has been […]
The post Raines Adds Fairfield Inn & Suites Charleston North to Managed Portfolio appeared first on LODGING Magazine.
SAN FRANCISCO—Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ Luxury & Lifestyle Collection, announced it will open a boutique hotel in downtown Raleigh, North Carolina. The hotel will open in late 2025 as part of a new-build 20-story mixed-use development also featuring high-end residences in North Carolina’s capital city. Owned by Tidal Real Estate Partners, the new Kimpton in Raleigh will span the first six floors of the building and feature 179 guestrooms, […]
The post Kimpton Hotels & Restaurants Develops Boutique Hotel in Raleigh, N.C. appeared first on LODGING Magazine.
ATLANTA—Hunter Hotel Advisors (HUNTER) announced the sale of a three hotel portfolio in South Carolina. Lee Hunter, COO of HUNTER, and David Perrin, senior vice president of HUNTER, arranged the sale of the Hampton Inn & Suites in Fort Mill, South Carolina, and the Fairfield Inn & Suites and Townplace Suites Rock Hill in Rock Hill, South Carolina, on behalf of the various investor groups led by the Warren Norman Company. Shreeji Hotel Group, a […]
The post HUNTER Announces the Sale of a Three Hotel Portfolio in South Carolina appeared first on LODGING Magazine.
DALLAS—CBRE is raising its forecasts of hotel performance for 2022 and beyond based on Q1 2022 strength, continued slowing of construction activity, higher inflation, and continued optimism about employment and economic growth. CBRE’s forecasts call for a full recovery in average daily rate (ADR) in 2022 and in demand and revenue per available room (RevPAR) in 2023. Despite headwinds from the Omicron COVID variant, Q1 RevPAR reached $72.20, up 61 percent from a year earlier. […]
The post CBRE: Lodging Industry Should Recover in 2023 appeared first on LODGING Magazine.
Staying on top of what event planners are thinking and feeling is a daunting task unto itself. It’s even more difficult when you’re dealing with understaffing and time constraints on your busy schedule. While you remain focused on the struggles facing your hotel, planners try to work through problems on their end. Knowing how to best serve your clients is equally important, so Cvent and BTN Northstar run six surveys each year, polling planners on […]
The post Win More Group Business by Collaborating With Event Planners appeared first on LODGING Magazine.
After three decades with PwC, where he currently serves as U.S. hospitality and leisure practice leader, Scott Berman will be retiring at the end of June. This longtime friend of the industry says what initially sparked his interest in hospitality back when he was a teenager still captivates him today. Reflecting on his nearly 40-year career, lessons learned from the various crises the industry has navigated during that time, and considering what’s next for himself […]
The post A Career Calling: Scott Berman on Planning His Next Chapter and Returning to His Hospitality Roots appeared first on LODGING Magazine.
Hotel management contracts typically include two primary components of compensation for the management company—a base fee and an incentive fee. The base management fee is generally derived as a percentage of total revenue. In addition, owners may pay the management company an incentive fee once they reach a designated profit threshold. The incentive fee is designed to make management more conscious of the bottom line since owners achieve their returns and pay their debts from […]
The post Fluctuating Fees: The Impact of the COVID-19 Industry Recession on Management Fees appeared first on LODGING Magazine.
At the 66th annual Choice Hotels International, Inc., convention—which took a three-year hiatus due to the pandemic—franchisees and corporate leaders alike shared excitement over networking with others and discussing the possibilities for the future. With thousands of attendees, the convention’s corporate business meeting, brand sessions, and marketplace focused on helping owners’ bottom lines, awarding franchisees who exceeded expectations, and making deals and decisions that facilitate growth. Aligning with this year’s theme of “GO,” Choice announced […]
The post Future-Focused: Choice Executives on the Customers and Brands of Tomorrow appeared first on LODGING Magazine.
CHICAGO — Miraval Resorts & Spas announced renovations, updates, and expansions across the brand’s resorts and spas: Miraval Arizona, Miraval Austin, and Miraval Berkshires. With the enhancements to the three resorts, the Miraval brand continues to support its mission of helping guests create a life in balance through mindfulness. Miraval Arizona—Cactus Flower Restaurant Renovation Miraval Arizona, located in Tucson’s Santa Catalina Mountains, unveiled a renovation of the property’s principal restaurant, Cactus Flower Restaurant. The renovated […]
The post Miraval Resorts & Spas Announces Renovations Across its Three Properties appeared first on LODGING Magazine.
WASHINGTON—The American Hotel & Lodging Foundation (AHLA Foundation) announced that more than 50 individuals from traditionally underserved populations have graduated from the Empowering Youth Program (EYP) nationwide and are securing jobs in the hotel industry. This year, the Foundation awarded $175,000 in total to community-based organizations throughout Los Angeles, Orlando, New Orleans, and Washington, D.C. that helped to change the lives of opportunity youth between the ages of 16-24 by preparing them for future careers […]
The post More Than 50 Graduate from AHLA Foundation’s Empowering Youth Program appeared first on LODGING Magazine.
KOHALA COAST, Hawaiʻi—The Westin Hapuna Beach Resort and the Hawaiian Legacy Reforestation Initiative (HLRI) launched its tree planting partnership, creating Hawaiʻi Island’s first carbon-neutral resort, along with a new 100,000-tree Legacy Forest on-property at The Westin Hapuna Beach Resort. These trees will be planted over the following years and will contribute to the restoration of some of Hawaii’s endemic species. The inaugural planting of 150 Legacy Trees was completed by The Westin Hapuna staff in […]
The post The Westin Hapuna Beach Resort Becomes First Carbon-Neutral Resort in Hawaii appeared first on LODGING Magazine.
The post Why Your Hiring Process Is Broken and How to Fix It appeared first on LODGING Magazine.
Hotel technology that puts more control into guests’ hands is on the rise as travelers seek out greater convenience and hoteliers invest in ways to streamline operations. The last two years have accelerated the adoption of tech solutions that fit this bill, particularly those that reduce contact between guests and hotel staff, such as digital check-in and mobile key-based room entry, and many hotel brands have made the latter technology a requirement for adoption. Darien […]
The post Secure Entry: Advances in Access Control Technology Enhance Hotel Security and Guest Experience appeared first on LODGING Magazine.
Hospitality Ventures Management Group (HVMG) announced four promotions and one new hire. As the newly promoted SVP of operations, Ron Mader will oversee the company’s full-service hotel portfolio. Margie Vito was promoted to the newly created role of SVP of operations and transitions where she will be responsible for operational leadership of a portfolio of HVMG hotels, leading the on-boarding and stabilization process for new hotels, and leading operational and training and development initiatives. As […]
The post This Week’s Comings and Goings appeared first on LODGING Magazine.
Hotels typically do not run full occupancy daily. A unified strategy between the housekeeping department and the front office can stratify which guestrooms should be placed in service and assigned during slack periods. Here’s why: Economy and efficiency. During periods of low occupancy, reducing the number of floors or wings that will house guests will cut back on heat or air conditioning use and common-area cleaning. This will also likely reduce travel between locations for […]
The post Good Housekeeping: Developing a Rotational Guestroom Use Strategy appeared first on LODGING Magazine.
WASHINGTON—Placemakr announced the launch of its newest pop-up location under the brand—WhyHotel by Placemakr, Alexandria. In partnership with Stonebridge, the pop-up will allow guests to experience hotel amenities and services while staying in fully furnished apartments with full kitchens, living rooms, bedrooms with walk-in closets, and more. WhyHotel by Placemakr’s pop-ups combine home and hospitality to meet the needs of residents and guests alike, creating a new real estate asset class for blended living. WhyHotel […]
The post Placemakr Launches a WhyHotel Pop-Up in Alexandria, Virginia appeared first on LODGING Magazine.
Dallas—CBRE Hotels Research has raised its forecast for 2022 average daily rate (ADR), occupancy, and revenue per available room (RevPAR) to reflect the stronger-than-expected fundamental performance in the fourth quarter. Other factors contributing to the improvement include below-average supply growth, strong domestic leisure trends, the resumption of inbound international travel, and a predicted return to office later this year. CBRE made the changes despite heightened uncertainty and increasingly limited visibility due to geopolitical risks and […]
The post CBRE Forecasts Continued Hotel Performance Recovery in 2022 appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—Overall U.S. hotel performance increased from the previous week, according to STR’s latest data through March 12, 2022. U.S. Hotel Performance March 6-12, 2022 Percentage change from 2019 comparable week: Occupancy: 63.2 percent (down 9.8 percent) ADR: $144.68 (up 7.7 percent) RevPAR: $91.45 (down 2.8 percent) While none of the Top 25 Markets showed an occupancy increase over 2019, Miami came closest to its 2019 comparable (down 4.7 percent to 84.1 percent). San Francisco/San […]
The post STR: U.S. Hotel Performance Increases From Previous Week appeared first on LODGING Magazine.
The American entry into World War I in 1917 led to a dramatic increase in the size of departments in the federal government in Washington, D.C., and also a corresponding need for workers to fill those new positions. As a result, a steady flow of single women moved to the city in search of employment. Besides the construction and management of female dormitories, the leadership of the YWCA helped fund the construction of a hotel […]
The post No Tipping: Miss Mary Lindsley and The Grace Dodge Hotel appeared first on LODGING Magazine.
Magnuson Hotels has named Jérémie Dardard as chief operating officer as the group moves into its next phase of growth. Dardard is based in the United Kingdom and has been with Magnuson for four years, most recently serving as global head of corporate revenue strategy. Virgin Hotels has welcomed three new members to its newly formed global sales team: Maya Latinovic is vice president of global sales, Peter D’Elia is global director of business travel […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Whether online or in-person, the goal of Escape Rooms is to unlock each room to move onto the next level. Doing so correctly will ultimately lead to success. But in order to do it properly, you must be methodical and purposeful. Selling is much the same. There are many stages to the sales process before a salesperson can “unlock” a piece of business, and it can take five to 12 points of interaction to close […]
The post What Do Prospecting and Escape Rooms Have in Common? appeared first on LODGING Magazine.
DALLAS—Omni Hotels & Resorts has announced the launch of Omni Junior Chefs, a food and beverage program designed for children’s dining experiences while giving young hotel guests an opportunity to give back and help fight food insecurity. Kids upon check-in will receive an Omni Junior Chefs activities tote bag and special kids’ menus at Omni restaurants, along with the opportunity to donate a meal to those in need. The program rolls out nationwide at more […]
The post Omni Hotels & Resorts Launches Omni Junior Chefs Program appeared first on LODGING Magazine.
ROCKVILLE, Maryland—Choice Hotels International, Inc. announced its Suburban Extended Stay Hotel brand is getting a new look. Rebranded as Suburban Studios, the next-generation product builds on Suburban’s commitment to providing travelers with simple accommodations while offering hotel owners the opportunity to reposition their property into the economy extended-stay segment. “When we added Suburban, one of the first extended stay brands on the market, to our portfolio nearly two decades ago, we did so with the […]
The post Choice Hotels Transitions Extended Stay Brand to Suburban Studios appeared first on LODGING Magazine.
SAN FRANCISCO—Sightline Hospitality announced the addition of three independent hotels to their growing management portfolio. All three properties—evo Hotel, The English Hotel, and Radio Tower and Hotel—bring their own stories and concepts to the Sightline portfolio. evo Hotel The evo Hotel opened on February 1, 2022, in Salt Lake City, Utah’s Granary District. evo has expanded its brand in this lodging experience with a hub for the neighborhood and serves as a launchpad for exploring […]
The post Sightline Hospitality Adds Three Independent Hotels to Management Portfolio appeared first on LODGING Magazine.
As Jackie Collins, senior director/senior vice president of Arthur J. Gallagher & Co.’s Hospitality practice, describes it, her job is to design insurance and risk management programs geared specifically to the hospitality industry: “This includes hotel ownership groups, REITs, third-party management companies, developers, contractors, timeshares, condominiums, etc.” She says because Gallagher is a global insurance brokerage, risk management, and consulting services firm that works with some 6,500 hotels around the world, they have especially sharp […]
The post Preparing for Less Risky Business: What Hoteliers Need to Know to Secure the Right Insurance Coverages appeared first on LODGING Magazine.
SARASOTA, Florida—Alex Diaz, trustee of The Tamiami Trail Trust, has purchased the Baymont by Wyndham hotel in Sarasota for $8 million. The 99-room hotel sits on 2.2 acres. Jag Grewal, CCIM, SIOR, of Ian Black Real Estate facilitated the transaction. The seller was Daus Investments, LLC. “This property presented a good opportunity for the buyer because it allowed them to purchase an existing hotel property in a hot hospitality market,” said Grewal, partner at Ian […]
The post Baymont by Wyndham Hotel Sells in Sarasota, Florida appeared first on LODGING Magazine.
As we look to the future of hotel payments, we anticipate the need for payment tools and methods that better suit guests’ desire for convenience, speed and security. Download our 2021 Hotel Payments Insight Report to better understand opportunities for improvement.
The post Digital Trends Poised to Reshape the Future of Hotel Payments appeared first on LODGING Magazine.
DALLAS—Hodges Ward Elliott (HWE) has arranged the fee-simple sale of the entire hotel portfolio for Avatar Hotel Group, comprised of three select-service hotels in Texas with 280 rooms in total, to Wolfgramm Capital. Wolfgramm Capital also purchased and assumed Avatar’s management company. In addition, HWE negotiated a separate transaction on behalf of Avatar selling a nearly three-acre development site in Plano, Texas, pre-approved for a Home2 Suites development, to another buyer. An HWE team led […]
The post Hodges Ward Elliott Arranges Sale of Avatar Hotel Group Portfolio appeared first on LODGING Magazine.
MIAMI—Club Med will open 17 new resorts by 2024. The new openings include Club Med’s experiences, digital innovations, and product novelties with a range of locations and activities. “Since 1950, Club Med has continued to shape the all-inclusive industry by introducing new destinations and experiences to travelers worldwide,” says Carolyne Doyon, president and CEO of Club Med North America and the Caribbean. “Throughout our 72-year history, we’ve successfully adapted our portfolio to appeal to upscale […]
The post Club Med Announces Openings, Expansions, and Renovations appeared first on LODGING Magazine.
U.S. News & World Report announced its Best Hotels rankings, which evaluate more than 35,000 hotels and resorts across the United States, Europe, Canada, Mexico, Bermuda, and the Caribbean. While some global travel remains limited, the ranked hotels continue to provide amenities and hospitality for travelers looking to plan ahead. “The travel industry has faced many disruptions over the past two years, highlighting the need to support and recognize hotels that continue to maintain excellent […]
The post U.S. News & World Report Announces Best Hotel Rankings for 2022 appeared first on LODGING Magazine.
In the San Fernando Valley, groves of citrus trees once stretched across the land. That bygone era, along with the area’s cinematic roots, is celebrated in the redesign of the 96-room Hampton Inn & Suites by Hilton Los Angeles/Sherman Oaks. “We have a real fondness for this project; it’s a little gem,” says Alisa Chodos, principal of Studio HBA, a division of Hirsch Bedner Associates that led the redesign. The team’s inspiration for the project […]
The post Roots in the Valley: Hampton Inn & Suites by Hilton Los Angeles/Sherman Oaks appeared first on LODGING Magazine.
In the current landscape, the hospitality industry is focused on both the good news and the bad news. The good news is the summer travel season is around the corner, and based on the summer travel numbers from last year, leisure travel will be up again this summer. The bad news is the labor shortage has hit the lodging industry hard, with the leisure and hospitality sector is leading the way. Knowing why employees are […]
The post Four Areas of Focus for Attracting and Retaining Talent appeared first on LODGING Magazine.
Despite concerns about persistent uncertainty and a perceived lack of business travel, the second half of 2021 showed that those predictions were somewhat untrue for IHG Hotels & Resorts, and momentum for the brand is heading into 2022. “While we continue to monitor the impact of the recent variant on travel, overall, we are optimistic about the industry’s rebound,” says Derek DeCross, senior vice president of global sales for IHG Hotels & Resorts. “I think […]
The post IHG Hotels & Resorts Looks Toward 2022 Business Travel appeared first on LODGING Magazine.
HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy eclipsed 50 percent for the first time in more than a month, but the index to 2019 dipped from the week prior, according to STR’s latest data through February 5, 2022. U.S. Hotel Performance January 30-February 5, 2022 Percentage change from 2019 comparable week Occupancy: 50.4 percent (down 15.8 percent) ADR: $125.06 (down 1.2 percent) RevPAR: $63.05 (down 16.8 percent) While none of the Top 25 Markets recorded an occupancy […]
The post STR: U.S. Hotel Occupancy Surpasses 50 Percent appeared first on LODGING Magazine.
Donohoe Hospitality Services promoted Cheryl Haughton to vice president, new builds, transitions, and major renovations, and Michael Golembe to vice president of operations. Haughton is responsible for overseeing acquisitions and hotel improvements, and Golembe will work on overall portfolio performance. The Leading Hotels of the World, Ltd. named Andrea Scherz chairman of its Executive Committee. Scherz is the proprietor and general manager of Gstaad Palace in Switzerland. He has served on the Executive Committee for […]
The post This Week’s Comings & Goings appeared first on LODGING Magazine.
Given the challenges U.S. hotels are having attracting and retaining employees, the need to invest in employee training is as great as it has ever been. Unfortunately, training expenditures, like all operating expenses, have been subject to major cuts in response to the extremely reduced levels of revenue incurred during 2020 and 2021. Labor is the single biggest expense within a hotel. In 2019, before COVID-19, the average property in the Trends in the Hotel […]
The post An Essential Expense: Hotel Investments in Employee Training appeared first on LODGING Magazine.