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Bagley joins from Choice Hotels Asia-Pac, where he recently served as Franchise Development Manager, successfully expanding the brands portfolio and contributing to significant revenue growth. Im excited to join BWH Hotels and look forward to contributing to the growth of its brands across the region.
EVT is expanding its Hotels and Resorts portfolio to international markets with the signing of its first hotel management agreement in Asia. Coupled with our market leading capabilities, we can customise, innovate, and demonstrate above market results for partners. “We
NEW YORK—Fairmont Hotels & Resorts and Kailas Companies announced the official kickoff of the downtown redevelopment project of 1010 Common Street, which will mark the return of the Fairmont brand to New Orleans.
Sullivan In the years following the 2008 Great Recession, the hospitality industry has seen a proliferation in sales of branded residences, particularly in North America. These branded residences often are part of a mixed-use development that includes a hotel component. investors overall are awash with cash. gateway cities.
With new developments preparing to open, the company shared 11+ consecutive quarters of marketshare growth. In Florida, property additions include Naples Grande Beach Resort, Saddlebrook Resort Tampa, and […] The post Pyramid Global Hospitality Shares U.S.
Tonetto previously held several senior commercial roles with Starwood Hotels and Resorts and Marriot International across Asia, Australia, and the Pacific region. She returned to Australia in late 2022 after a 7-year tenure in Macau, as the General Manager Sales and Marketing for Sheraton Grand Macao and The St.
Hotel management firm Stonebridge has appointed David Wahba as VP, sales luxury, lifestyle and resort. Lauderdale, The Ritz-Carlton Orlando, Grande Lakes and Westin Resort, Aruba. Wahba has more than 25 years of experience in the hospitality industry. ” Look for more on Stonebridge in the April issue of Hotel Business.
During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. market alone. Q2 RevPAR was up 9.9% compared to the same period of 2019. .”
A strong hotel brand is the cornerstone of enduring success. In fact, a strong brand can increase revenue by up to 23%. Investing in hotel branding is a strategic decision that can yield substantial returns. A strong hotel brand builds trust, loyalty, and a lasting impression, ultimately driving revenue and marketshare.
Outrigger Resorts and Hotels is looking forward “ with eyes wide open ” , according to President and CEO, Jeff Wagoner, with the business vigilant in its efforts to retain and build marketshare. The good news is that there is pent-up demand for deals alongside ample beach resort destinations eager for expansion.
EVT is expanding its Hotels and Resorts portfolio to international markets with the signing of its first hotel management agreement in Asia. Coupled with our market leading capabilities, we can customise, innovate, and demonstrate above market results for partners. “We
Bazin highlighted the significant transformation the company has undergone over the past eight years, growing from 14 brands to 47. ” The CEO added that the company’s diverse brand portfolio, strong marketshare and vast global network of owners and partners have positioned Accor well for continued success.
The experienced marketing professional will be responsible for driving strategic marketing and innovation across the group’s 47 hotels in the ANZP region – encompassing 16 brands in six countries – working closely with hotel teams. years as Director of Marketing.
The latest signings will see a new market entry in Gambia and the introduction of the first Radisson Collection in Nigeria and Egypt, the first Radisson RED hotel in Nigeria, and the introduction of the Radisson brand to Kenya. Radisson Blu Hotel Abuja CBD will be the first Radisson Blu hotel in Nigeria’s capital city.
Remaining relevant to guests is key, and those that don’t are at risk of losing marketshare. As Dimitris Manikis, president and managing director EMEA of Wyndham Hotels and Resorts, said recently : “ You have to evolve with a business… consumers two-and-a-half years ago are different from today.”
This growth is fueled in large part by the companys gains in the upscale and upper-upscale segments, which encompass hotel brand debuts in new markets across Canada, the Caribbean, Latin America, Europe, China and Australia. Choice Hotels International Inc. Expected to open in 2026, the hotel will be located in Thunder Bay, Ontario.
Revenue management consultancy firm ELEVAT3 has launched a new sales & marketing division to provide tailored branding solutions for hoteliers, naming industry veteran Beth Barris as EVP, sales & marketing to lead the new offering.
In HM ’ s 2024-2025 Hotel Development Outlook, EVT Director of Hotels and Resorts, Norman Arundel, talks flexible management models, responding to market shifts and managing volatility. We consistently match, and often exceed marketshare and guest satisfaction standards set by global hospitality businesses.
Hospitality management, acquisition and development company PCH Hotels & Resorts has expanded its services to include third-party hotel management services for additional ownership groups. ” With 200 years of combined operational experience, PCH leaders have been involved with more than 500 properties, according to the company.
While many consumers are brand- and rewards program-loyalists, we are finding more are seeking a unique hotel experience and destination. As such, hospitality brands have an incredible opportunity to capture this consumer marketshare by partnering with independent hotels and growing their global portfolio in places not previously considered.
At the Wyndham Hotels & Resorts Global Conference, held at Caesars Forum in Las Vegas, President/CEO Geoff Ballotti talked about how the company has changed since it first went public seven years ago. Our Days Inn brand has improved from 110% to 120% in fair marketshare.
In recent years, the emergence of rapidly growing domestic mid-segment hotel brands has significantly transformed the country's hospitality landscape. Although relatively young and small, these brands have captured the attention of domestic travelers, controlling about 60% of the total branded rooms available in the country.
Radisson Hotel Group continued to lead on its growth and expansion plan in the first half of 2023 focused on strategic geographical expansions and a new brand architecture with the addition of the art’otel brand, which offers a unique value proposition to owners and guests that blends art with a lifestyle experience.
Tonetto previously held several senior commercial roles with Starwood Hotels and Resorts and Marriot International across Asia, Australia, and the Pacific region. She returned to Australia in late 2022 after a 7-year tenure in Macau, as the General Manager Sales and Marketing for Sheraton Grand Macao and The St.
But what exactly makes luxury travel brands so appealing? Luxury travel brands focus on fostering one-on-one relationships with clients with a greater emphasis on providing superior experiences. What Defines a Luxury Travel Brand When we think of luxury travel , our minds naturally lean toward images of opulence and style.
Strebel, a two-time CEO, was the chairman of Omni Hotels & Resorts in his last role, providing strategic counsel to the company before serving as the company’s former president, chief marketing officer and SVP, sales.
In the newly created dual role, Svensson will take charge of operations at W Melbourne whilst also having oversight of all of Marriott’s luxury properties in Australia, including under the The Ritz-Carlton and W Hotel brands. Krister will also work closely with leaders across Marriott’s Australian hotels to drive Marriott’s legacy in luxury.
She develops and implements strategic revenue management initiatives to maximize overall room revenue, profit and marketshare for all properties. She has a deep understanding of the lifestyle space, including brands from Marriott, Hilton, IHG and Hyatt, to independent properties.
In this new position, she leads the company’s commercial strategy, including oversight of the key disciplines of revenue management, sales and marketing, catering and conference services, brand, communications, eCommerce, distribution and the customer engagement center.
Oracle has revealed plans to bring its Oracle Hospitality OPERA Cloud Property Management System (PMS) to 2,000 additional hotels under the Wyndham Hotels & Resort s portfolio by the end of next year. ” The post Oracle to bring OPERA Cloud to 2K Wyndham hotels appeared first on hotelbusiness.com.
Wyndham Hotels & Resorts has appointed Amit Sripathi as chief development officer, replacing Chip Ohlsson , who will depart the company in June. During his tenure, he helped expand the Wyndham portfolio from 14 to 25 brands including ECHO Suites Extended Stay by Wyndham.
Alejandro Reynal’s appointment as CEO and president of Four Seasons Hotels and Resorts comes at an exciting time for the group. Having recently announced its foray into luxury yachts and celebrated the first flight of its brand new private jet, Four Seasons is clearly betting on the future of ultra-luxe travel experiences.
Wyndham Hotels & Resorts , for the third quarter ended Sept. Our economy brands gained marketshare domestically amidst a backdrop of normalizing U.S. economy brands gained marketshare of 100 basis points in the third quarter. 30, reported a record-high development pipeline of 1,930 hotels.
He was president/CEO of Interstate Hotels & Resorts from 2017 until the merger and has been in the hotel industry for nearly four decades. “We Most recently, Joyce stepped in from his board seat to lead RE/MAX Holdings following a run as CEO of Dine Brands Global. The Kraft Heinz Company and America Latina Logistica. “The
Aperture currently operates more than 2,000 rooms across 15 hotels and resorts. The company’s diverse portfolio is comprised of branded and independent properties in urban, suburban and leisure destination markets throughout the U.S. With a bright outlook for hotels ahead, we look forward to growing with the industry.”
.” From January to June, HVMG’s key performance metrics soared compared to most of its competitors and the rest of the industry, evidenced by a same-store RevPAR growth of 13% and an impressive 6% in consolidated marketshare/RevPAR index growth, according to the company. and Starwood Hotels and Resorts.
Located from Florida to California, the 12 new properties are comprised of Hilton-, Marriott- and IHG-branded hotels, as well as some independent flags. “We Prior to that, she worked with Interstate Hotels & Resorts (corporate VP, sales), Shamin Hospitality (VP, sales) and Noble Investment Group (regional director of sales).
Some of the new concepts acting as building blocks for “new high-end” include: Well-being Democratization Transparency and Knowledge Membership/Experience Sharing, not owning Beyond these philosophies, there are certain trends coming into play that high-end marketbrands must use to differentiate themselves.
Hotel owners seek out partners with a track record attracting and retaining talent, delivering guest satisfaction, exceeding brand standards, and growing profitability in fluctuating market conditions.” Its Canadian portfolio showcases properties ranging from full-service hotels to limited-service and extended-stay brands.
Wyndham Hotels & Resorts , for the three months ended Sept. 30, reported global RevPAR grew 1% in constant currency versus the same period last year, reflecting a 1% decline in the U.S. and 7% growth internationally. Net income was $102 million, a 1% decrease over the prior-year quarter. RevPAR In the U.S.,
There is something about your hotel’s brand, your identity, that resonates with them. Make sure your digital messaging stays true to your brand platform. Must-Have Hotel Marketing Channels in an Economic Downturn: Metasearch (Google Hotel Ads, TripAdvisor, Kayak, Trivago, etc.) Right now, we are in a valley with CPCs at a 22.5%
Indeed we believe that this change presents a tremendous opportunity for smart hotels to gain marketshare and win new customers, in large part because many in our industry will be caught flat-footed. They’ll continue their marketing behaviors unchanged while wondering why they’re getting their butts kicked all of a sudden.
billion for 2023, with our top three companies (Marriott Hotels of Canada, Four Seasons Hotels and Resorts and Accor Hotels North & Central America) accounting for an estimated $8.8 Four Seasons Hotels and Resorts reported estimated gross sales for 2023 of $3.3 The global brand reported estimated gross sales of $1.5
Social networks can give your property exposure like never before to help increase brand awareness and drive more direct bookings. Through social media, hotel brands can communicate directly with guests and build meaningful relationships. The goals of your hotel’s social media marketing strategy can include: Engagement.
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