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Today’s hospitality markets have new challenges to overcome—especially resorts. No sooner have they begun to regain marketshare 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.
BWH Hotels hires Senior Business Development Executive BWH Hotels Australasia has appointed Dean Bagley to the role of Senior Business Development Executive. His proven track record in business development and leadership will be key in driving our growth in the APAC region. Sheikh Khalifa Bin Zayed Al Nahyan.
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. Slated to open summer of 2025, the hotel will be located in the Central Business District, near the city’s French Quarter.
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.
This is what hotel business intelligence software accomplishes. This guide will explore how hotel business intelligence operates, why it matters, and how it can boost your hotel management. Understanding Hotel Business Intelligence Hotels create vast amounts of data. Hotel business intelligence steps in to address this question.
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. We will build on Stonebridge’s impressive portfolio and create memorable guest experiences while achieving business success.”
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.
Marriott International has appointed Carolina Voullieme as multi-property director, sales and marketing, overseeing both the Aruba Marriott Resort & Stellaris Casino and the Grand Cayman Marriott Resort.
Lockdown restrictions and global health concerns forced us to look at different ways of doing things – Zoom calls replaced business travel, working from home replaced the daily commute, and staying in became the new going out. Remaining relevant to guests is key, and those that don’t are at risk of losing marketshare.
In many parts of North America, its becoming rare for developers to exclude branded residences or condo-hotel residences in a resort development. The demand for branded residences extends to non-resort urban markets, particularly U.S. As a result, these residences generally do not compete with the hotels transient business.
short-term rental sector used its supply flexibility to recover faster than hotels, especially in coastal and mountain destinations, pushing rentals’ marketshare to a record 17% of total lodging in summer 2020. During the pandemic, the U.S. ” Hotels lead in cities .
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.
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.
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.
These developments include recent Radisson Blu and Cambria signings in Argentina and Canada, respectively, and the companys latest announcement to significantly expand in the Chinese market through a new long-term distribution and master franchise agreement with SSAW Hotels & Resorts.
He began his career with Marriott International in 2002 as a General Manager in Le Meridien Commodore Beirut and he has since led the hotel teams at The Westin Resort Guam, W Hong Kong, St. La Vie announces six appointments Talal Ammari La Vie Hotels and Resorts has kicked off 2024 with six new appointments.
Prior to joining ELEVAT3, Barris was chief sales officer of Barris Hospitality Consultancy, where she was contracted by hotel sales and marketing teams, owners and management companies to provide services to help expand existing properties’ sales revenues and marketshares.
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. I would also like to take this opportunity to thank Chinmai for his leadership and belief in RateGain.
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.
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. We owned hotels, so people thought we were in the ownership business. Nobody really knew who Wyndham was, Ballotti said.
by Ron Pohl It’s an exciting time to be in the hotel business. 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. It’s truly a win-win relationship.
” 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. cities and ski resorts, while Sofitels upcoming renovation in New York is set to enhance its presence in the luxury market.
Monica’s keen understanding of all facets of the commercial business of Loews Hotels & Co’s owner/operator business model make her the ideal candidate for this role,” said Alex Tisch, president/CEO, Loews Hotels & Co. “As
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.
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. For the first half of the year, ended June 30, IHG reported a 24% year-over-year RevPAR increase.
Mobile check-in and checkout as well as cloud-based, mobile-first revenue management systems are designed to help franchisees optimize their revenue strategies and grow marketshare. Shilpan Patel serves as EVP, North America operations, Wyndham Hotels & Resorts. Nearly 40% also listed mobile guest services as a priority.
Hospitality investment and management company HEI Hotels & Resorts has promoted Jeremy See to the role of chief commercial officer. Jeremy is a remarkable strategist who has led HEI’s revenue management organization to the pinnacle of the industry,” stated Anthony Rutledge, CEO/managing partner, HEI Hotels & Resorts.
She develops and implements strategic revenue management initiatives to maximize overall room revenue, profit and marketshare for all properties. She leads the area revenue team, supporting all 70-plus properties in the First Hospitality portfolio.
In this role, she will spearhead the company’s revenue management strategies, driving profitability and marketshare growth across EOS’ portfolio. The company currently operates more than 50 hotels and resorts, totaling more than 7,000 keys across the U.S.
Alejandro Reynal’s appointment as CEO and president of Four Seasons Hotels and Resorts comes at an exciting time for the group. Current trends show a demand for blow-out, high-quality trips which could place Four Seasons in a strong position to capture marketshare within the luxury travel and hospitality space.
Pivot , the lifestyle operating vertical of Davidson Hospitality Group , has been selected by Kushner Companies to operate the Wave Resort and The Bungalow. Located in Pier Village in Long Branch, NJ along the iconic boardwalk, the 67-room Wave Resort features an oceanfront pool deck; Wave Resort Spa and fitness center; 7,000 sq.
Driftwood Capital has secured the $60-million refinancing of the Hilton Cocoa Beach Oceanfront Hotel, a 295-key resort on Central Florida’s Space Coast. We anticipate that the best-in-class renovation will empower the Hilton to capture additional marketshare and capitalize on the growing demand in Cocoa Beach.
Wyndham Hotels & Resorts has appointed Amit Sripathi as chief development officer, replacing Chip Ohlsson , who will depart the company in June. franchise business and worked with our sales teams across the country and around the world deploying over $250 million in development support for our owners.
Hotel operator HEI Hotels & Resorts has added the Doubletree by Hilton Atlanta-Roswell and DoubleTree by Hilton Atlanta – Alpharetta to its portfolio, bringing the total number of hotels managed in the metropolitan Atlanta market to 14. Both properties are owned by The RADCO Companies. “We
Located in the Rockies, the Holiday Inn is near area attractions such as the Steamboat Ski Resort, Yampa and Elk Rivers, Strawberry Park Hot Springs and Old Town Hot Springs & Fitness Center. Hotel amenities include a business center, Mountainside Grill & Bar, 880 sq. over last year.
The majority of buyers bidding on the property already had numerous hotels in their portfolio and wanted to gain marketshare in the Disney area. This was a unique buying opportunity—a seven-story, 198-room (all suites), resort near Disney World. Hopper, managing principal, DSH Hotel Advisors.
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.
.” 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.
Wyndham Hotels & Resorts , for the third quarter ended Sept. Our economy brands gained marketshare domestically amidst a backdrop of normalizing U.S. and the direct franchising business in China, which grew 4% and 16%, respectively. economy brands gained marketshare of 100 basis points in the third quarter.
A partnership between KML and Sequel Hotels and Resorts, the WITH Summit has become the meeting place for individuals and companies committed to advancing women in the tourism-and-hospitality industry while creating an inclusive and diverse workplace. “The This isn’t a gender issue, it’s a business issue.
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 Deitemeyer assumed the role of president/CEO of Aimbridge Hospitality in January of 2021 after serving as global president following the company’s merger with Interstate in October 2019.
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.”
Resorts were the only location type to register RevPAR gains in February. Resorts outperformed all other location types, posting the only gain, up 0.9% Food for thought Short-term rentals continued to take marketshare in February. increase in ADR did not offset a 1.9% drop in demand. year-over-year (YOY) in February.
“This creates greater economies of scale for our owners, as well as the ability to share relevant best market practices for our regional and general managers, all ultimately providing better financial results and stronger guest satisfaction scores. Alyssa Quezada was named VP, commercial strategy. Taylor Hall was named VP, operations.
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