Lodging

APRIL 8, 2024

While there are still many unknowns regarding the economy, STR’s data points to further stabilization for the U.S. hotel industry. Aligned with record highs in ADR and RevPAR, total revenues and profits were strong in 2023, well above 2022 and only slightly below 2019 levels. Total revenue per available room (TRevPAR) grew by 10 percent compared to 2022, and with a more normalized growth rate in total expenses per available room (up only $13 in […] The post 2024 Outlook: Profit Trend

Revenue 278

Revenue Hotels Market Marketing 278

Hospitality Net

APRIL 8, 2024

HSMAI Staff recently had the opportunity to chat with David C. Edelman, a speaker at the HSMAI Commercial Strategy Conference, June 25-26 in Charlotte. David is author of the upcoming book, Personalized: Customer Strategy in the Age of AI, and is a sought-after advisor on digital transformation and marketing. As CMO, David guided Aetna (now part of CVS Health) through becoming a digitally oriented, customer-centric brand.

Market 274

Market Marketing Services Branding 274

Lodging

APRIL 8, 2024

ATLANTA—Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts’ luxury and lifestyle portfolio, announced it will open a new boutique hotel in Santo Domingo. Marking the brand’s first property in the Dominican Republic, Kimpton Las Mercedes will complement its surroundings while serving as an exploration point. The hotel is poised to open in the summer of 2024.

Resorts 264

Resorts Hotels Branding 264

Hospitality Net

APRIL 8, 2024

Markham, Ontario, April 9, 2024 — Next week users of the widely popular Maestro PMS platform, a Web Browser based cloud and on-premises all-in-one property-management system, will gather at the King Edward Hotel in Toronto for the SOLD OUT “Accelerate 2024” users conference. The four-day event, to be held April 15 to 18, will enable attendees to exchange ideas, build alliances, and leverage innovative tools and actionable business strategies to capitalize on their Maestro PMS investment.

Events 264

Events Business Management Hotels 264

Advertiser: ZoomInfo

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

B2B

Skift Blog

APRIL 8, 2024

Skift Take: Having ticked the regulatory compliance boxes, MakeMyTrip is now ready to make its big international debut, with the spotlight shining on the Indian diaspora.

Travel 289

Travel 289

Hospitality Net

APRIL 8, 2024

Fairfield by Marriott, part of Marriott Bonvoy’s global portfolio of over 30 extraordinary hotel brands, announces its debut in Europe with the opening of Fairfield by Marriott Copenhagen Nordhavn. Situated in Copenhagen’s vibrant North Harbour district, the opening marks a momentous milestone for the trusted brand and its continued global growth. Fairfield by Marriott is the second largest brand within Marriott Bonvoy’s global portfolio with a footprint of over 1,290 open hotels and a healthy p

Pipeline 262

Pipeline Branding Hotels 262

Hospitality Net

APRIL 8, 2024

Markham, Ontario, April 9, 2024 — Next week users of the widely popular Maestro PMS platform, a Web Browser based cloud and on-premises all-in-one property-management system, will gather at the King Edward Hotel in Toronto for the SOLD OUT “Accelerate 2024” users conference. The four-day event, to be held April 15 to 18, will enable attendees to exchange ideas, build alliances, and leverage innovative tools and actionable business strategies to capitalize on their Maestro PMS investment.

Events 261

Events Business Management Hotels 261

Skift Blog

APRIL 8, 2024

Skift Take: Goa is seeking to reinvent itself as a year-round destination. Its partnership first with MakeMyTrip and now Agoda is a step towards being known for more than just its beaches.

Tourism 265

Tourism Travel Hotels 265

Hospitality Net

APRIL 8, 2024

TFE Hotels has put their stamp in Docklands… quite literally… with the rebranding of the 273-room Vibe Hotel Melbourne Docklands, which officially welcomed its first guests, Aucklanders Lindy Catchpole and Roberta Donjeany yesterday afternoon.

Business 261

Business Hotels 261

Skift Blog

APRIL 8, 2024

Skift Take: These two major developments suggest that Spirit Airlines management are taking the carrier's financial situation very seriously.

Management 287

Management 287

Speaker: Lauren Fernandez - CEO & Founder, Full Course

Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i

Hospitality

Hospitality Net

APRIL 8, 2024

Leading global hospitality company, Hilton (NYSE: HLT), continues to accelerate its development efforts in Canada. Following a year of rapid multi brand, multi destination growth with 10 new hotel openings, including the first Canopy by Hilton in Canada, Hilton ended 2023 with 180 open hotels in the country spanning more than 28,000 rooms across 11 brands.

Branding 260

Branding Pipeline Hospitality Hotels 260

Skift Blog

APRIL 8, 2024

Skift Take: Michelin’s new Key ranking system is out in full force with 189 French hotels receiving an honor.

Hotels 299

Hotels Tourism 299

Hospitality Net

APRIL 8, 2024

GREENVILLE, S.C. – April 9, 2024 – What earns a hotel company the best-place-to-work designation? For employees of Hospitality America, it is “culture and coworkers,” “flexible scheduling,” and “respect, understanding and value given to my work” that enabled the third-party hotel management company to win the coveted “Top Workplaces 2024” award, co-sponsored by USA Today and Energage™.

Hospitality 255

Hospitality Operations Market Marketing 255

Skift Blog

APRIL 8, 2024

Skift Take: Today's podcast looks at Michelin's new ratings, Spirit's next steps, and Europe's short-term rental boost.

Hotels 270

Hotels 270

Advertiser: ZoomInfo

In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.

Market

Hospitality Net

APRIL 8, 2024

Lifestyle aparthotel brandLocke will this summer expand into Portugal with the opening of its sixteenth property, Locke de Santa Joana in Lisbon.Located in the city’s vibrant centre, a stone’s throw from Lisbon’s iconic boulevard, Avenida da Liberdade, theproject is Locke’s biggest to date;comprising 370 apartments, hotel rooms, penthouses, and suites across nine floors, alongside social spaces including10 exciting new food & beverage outlets together with White Rabbit Projects and Spiritland, a

Events 255

Events Hotels 255

Skift Blog

APRIL 8, 2024

Skift Take: The data is limited to these four online travel agencies and doesn’t include other platforms and direct bookings.

Travel 283

Travel 283

Hospitality Net

APRIL 8, 2024

According to BCD Travel’s Cities & Trends 2023 United States edition, Europe accounts for seven of the 10 most visited intercontinental cities for American business travelers, with London being the most popular. The report is based on BCD flight and car rental data in 2023 in the U.S.

Travel 246

Travel Business 246

Lodging

APRIL 8, 2024

ORLANDO, Florida—Texas hotelier Miraj S. Patel, MBA, CHO, CHIA, was named the newest Chairman of the AAHOA (Asian American Hotel Owners Association) 2024-25 Board of Directors, and the youngest serving in this position in AAHOA’s 35-year history. Patel became Chairman at the conclusion of the 2024 AAHOA Convention & Trade Show in Orlando, Florida, which set a record level of exhibiting vendors and welcomed nearly 6,500 attendees.

Hotels 147

Hotels Hiring 147

Advertisement

The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.

Branding

Hospitality Net

APRIL 8, 2024

IHG Hotels & Resorts (IHG), one of the world’s leading hotel companies, has been named to the Fortune 100 Best Companies to Work For® 2024 List by Great Place To Work® and Fortune magazine, coming in at No. 28. Earning a spot means that IHG Hotels & Resorts has surpassed rigorous benchmarks, establishing itself as one of the country’s best places to work.

Resorts 245

Resorts Hotels 245

Lodging

APRIL 8, 2024

BOSTON, Massachusetts, and SAN FRANCISCO, California—Rockpoint and Highgate announced the sale of the Scottsdale Plaza Resort and Villas, a historic hotel in Paradise Valley, Arizona. Terms of the transaction were not disclosed. Centrally located in Paradise Valley, the Scottsdale Plaza Resort and Villas is a 404-room hotel with more than 50,000 square feet of event space, five pools, tennis courts, a fitness center, and spa amenities.

Resorts 147

Resorts Sales Closing Events 147

Hospitality Net

APRIL 8, 2024

In September 2023, one of the world’s leading luxury hotel brands expanded its portfolio of deluxe properties with the opening of The Peninsula London, a five-star development dripping in lion-guarded splendor.

Branding 245

Branding Hotels 245

Lodging

APRIL 8, 2024

BOSTON, Massachusetts, and THE WOODLANDS, Texas—Pyramid Global Hospitality announced the expansion of its U.S. portfolio with the addition of properties from Florida to Hawaii. With new developments preparing to open, the company shared 11+ consecutive quarters of market share growth. Pyramid Global Hospitality—the company behind collections like Benchmark Pyramid Luxury & Lifestyle and Hamilton Pyramid Europe—welcomed nine properties to its U.S. portfolio.

Hospitality 147

Hospitality Market Share Resorts Market 147

Advertiser: ZoomInfo

Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.

Scale

Hospitality Net

APRIL 8, 2024

The Singapore-headquartered subsidiary of Philippine-listed investment company DoubleDragon Corporation, Hotel101 Global Pte. Ltd. and affiliates ("HOTEL101" or "HBNB") and JVSPAC Acquisition Corporation (Nasdaq: JVSA) ("JVSPAC") announced today that they have entered into a definitive merger agreement. Hotel101 is a hotel prop-tech operator pioneering a globally standardized, asset-light "condotel" business model.

Business 244

Business Operations Hotels 244

eHotelier

APRIL 8, 2024

The future of hospitality lies not in abandoning its roots in pursuit of novelty but in deepening its commitment to the principles that have always defined it: warmth, welcome, and a dedication to the well-being of every guest.

Hospitality 116

Hospitality Hotels 116

Hospitality Net

APRIL 8, 2024

As my frequent readers know, I have been bemoaning the myths that are thrown out as facts at conferences, podcasts, and in books and blogs that, at best, mislead hospitality leaders and at worst, lead to discrimination based on birth year. Generationism is harmful, just like racism and sexism. Worse yet, many of those spewing these falsehoods are making a handsome profit by doing so.

Hospitality 240

Hospitality Hotels 240

Hotel Designs

APRIL 8, 2024

Hotel Designs Recommended Reads: Part 3 Recommended Reads: Part 3 Didn’t catch everything last week? We’ve got yo u covered… It’s a busy world, and with so much content out there, it’s easy to miss some of our most interesting and informative articles. That’s where our weekly ‘ Recommended Reads ’ comes in. Each week we’ll be curating a list of our top five articles you might have missed.

Branding 105

Branding Travel Business Hotels 105

Advertiser: ALHI

Escape into a world of luxury and dive into the future of tech, fun takes on the American pastime, and many inspirational individuals. With engaging reports on fashion, food, travel, finance, sports, and more, download now and enjoy the read!

Travel

Hospitality Net

APRIL 8, 2024

The 358 suite, family-friendly, all-inclusive resort marks the first Hyatt branded property to open in the picturesque colonial town of Mazatlán.

Resorts 264

Resorts Branding 264

Hotel Designs

APRIL 8, 2024

Hotel Designs Seros – a strong sculptural statement from Victoria + Albert Seros – a strong sculptural statement from Victoria + Albert Unveiled! Leading up to Salone del Mobile in Milan, Victoria + Albert has launched Seros – a bath and basin collection developed with renowned British sculptor, Sophie-Elizabeth Thompson… Victoria + Albert has been a pioneer of freestanding bath design, using its proprietary material, Quarrycast, made from Volcanic Limestone.

Consumer 105

Consumer Market Marketing Hotels 105

Hospitality Net

APRIL 8, 2024

RateGain Travel Technologies Limited, a global provider of AI-powered SaaS solutions for travel and hospitality and a member of Oracle Partner Network (OPN), today announced that its connectivity platform is available on the Oracle Cloud Marketplace and can be deployed on Oracle Cloud Infrastructure (OCI) and integrated with the Oracle OPERA Cloud via the Oracle Hospitality Integration Platform (OHIP).

Travel 234

Travel Hospitality 234

Hotel News Resource

APRIL 8, 2024

America's hotels are projected to generate record levels of federal, state, and local tax revenue this year while paying employees historic totals of wages, salaries, and other compensation, according to state-by-state projections released today by the American Hotel & Lodging Association.

Revenue 105

Revenue Hotels 105

Advertiser: ZoomInfo

One of the biggest challenges for any B2B marketer is understanding your prospects’ next move — who is most likely to buy and when. Without these insights, marketing campaigns can feel more like guesswork, with high investment and little return. We’re here to tell you there’s a better way. By tracking buyers’ digital footprints and online activity, such as website visits, product reviews, and spikes in content consumption, you can engage prospects with a message that really resonates.

Intent