Tue.Jun 06, 2023

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NYU Conference: STR upgrades 2023 forecast, with ADR and RevPAR set to increase

Hotel Management

STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). 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% from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR

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Priceline Partnering with Google on New AI Tools

Skift Blog

Skift Take: Considering Booking Holdings' close relationship with Google historically, it's no surprise that Priceline went with Google Cloud for its generative AI integrations. Now, who's next?

Closing 265
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Ecolab Acquires Deloitte’s Brand Operations Services, Strengthens EcoSure Business

Hospitality Net

Ecolab Inc., the world’s water, hygiene and infection prevention company that protects people and the resources vital to life, today announced the acquisition of the Brand Operations Services business from Deloitte.

Services 261
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Classic video: Fiji Airways celebrates 50 years of flying to Brisbane

Hotel Management

Brisbane Airport is celebrating 50 years of connecting Queensland with the Pacific paradise of Fiji this week (June 1). It was on 1 June 1973 that a BAC 1-11 touched down at Eagle Farm Airport at 1425 and flight FJ515 from Suva to Brisbane carried 64 passengers, with Captain Neil Ganley in command. Air Pacific would later be renamed Fiji Airways and the carrier is regarded as one of the world’s best boutique airlines.

Closing 246
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How to Stay Competitive in the Evolving State of Martech

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

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Two Easy Ways to Increase Your Hotel’s Security and Compliance

Hospitality Net

In honor of National Safety Month in June, we wanted to share a couple of proven ways for keeping your hotel staff safe on the job and protecting your bottom line from fraudsters.

Hotels 246
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India Daily: IndiGo to Beat Air India With Record 500-Jet Order

Skift Blog

Skift Take: A series of mammoth airplane orders is turning India into one of the hottest markets for planemakers. What remains to be seen is if it can continue to maintain a similar proportion of aircraft deliveries in the future.

Market 251

More Trending

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AHLA: Hoteliers Offer Incentives to Fill Open Positions During Staffing Shortages

Lodging

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.

Hiring 226
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Mondrian Singapore Duxton introduces Provocateurs Welcome, a short film capturing the heart and soul of life more Mondrian

Hospitality Net

How do you capture the mood, the mantra and the ethos of a hotel experience set to break new ground in art-forward cool when you haven’t even opened your doors? How do you distill the flavour of your friends in Singapore’s most happening, IYKYK neighbourhood?Turns out you make a movie. Well, a short film. Mondrian Singapore Duxton introduces Provocateurs Welcome, the spirit of what we are all about.

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Marriott Sees Experiences as Lure to Boost Hotel Loyalty Program

Skift Blog

Skift Take: Points as a form of loyalty isn't for everybody, as rewards are not always immediately accessible — but Marriott is looking to change that.

Hotels 260
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Eco hometel brand expands its portfolio with room2 Belfast opening at the end of summer 2023

Hospitality Net

Real estate investor and developer Lamington Group is adding to its pioneering eco hometel brand with the exciting opening of room2 Belfast, the fourth outpost, and first property outside England, set to open later this summer.

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Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

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

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Ajman Becomes Latest Emirate to Permit Short-Term Rentals

Skift Blog

Skift Take: Given that hotels and short-term rentals are competing for the same target audience, one cannot ignore the competitive dynamics between these two industries.

Hotels 251
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Marriott International signs agreement with Hiap Hoe Limited to bring the Aloft Hotels Brand to Singapore

Hospitality Net

Marriott International, Inc. today announced it has signed an agreement with Hiap Hoe Limited, through HH Properties Pte. Ltd, to bring the design-forward Aloft Hotels brand to Singapore. Following a strategic conversion, the signing of the 785-room hotel expects to open in in Q3 2023, marking the Aloft brand’s debut in Singapore and the largest Aloft hotel in the world.

Branding 246
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Vacasa’s Lessons for Short-Term Rentals After Years of Hypergrowth: Skift Research

Skift Blog

Skift Take: Vacasa, like the short-term rental sector writ large, is coming off of a pandemic-fueled growth spree and faces the question of what comes next. Can Vacasa tap into first-party growth while scaling back cash-intensive investments? With investor patience running thin, the clock is ticking.

Scale 245
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The Mermoon Resort Hainan Tufu Bay, Tapestry Collection by Hilton Officially Opens

Hospitality Net

Hilton (NYSE: HLT) today announced the opening of The Mermoon Resort Hainan Tufu Bay, Tapestry Collection by Hilton, marking the entry of Hilton’s lifestyle brand into the unique vacation destination of Hainan Island, China’s southernmost point. Inspired by a romantic local fishing legend, the hotel combines the island’s fishing village culture and the natural beauty of Tufu Bay to create a modern tranquil paradise that enables travelers to explore and immerse themselves in a tropical paradise.

Resorts 241
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ABM Evolution: How Top Marketers Are Using Account-Based Strategies

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.

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Americans Traveling Abroad in February Reached Close to Pre-Pandemic Level

Skift Blog

In February, Americans were close to traveling internationally as much as they did in 2019, according to the National Travel and Tourism Office’s latest In February, Americans were close to traveling as much as they did in 2019, according to the National Travel and Tourism Office’s latest data.

Closing 247
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xnPOS partners with Craftable to help hotels optimize operations and improve guest experience

Hospitality Net

Leading hotel point of sale vendor Xn Global Systems Inc. is delighted to announce the integration of xnPOS to Craftable, the profit management software for hospitality operators. This partnership brings together two powerful best-of-breed food & beverage applications to help hoteliers optimize their business operations and increase profits.

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First look: JW Marriott Auckland reveals luxury room design

Hotel Management

Marriott International has peeled back the curtain on its NZ$25 million refurbishment of JW Marriott Auckland this week, revealing the design concepts for its guest rooms. The 286-room hotel is in the first stage of the transformation project, with 40 of its guest rooms to be redesigned by September before reservations open. Renowned interior design studio O37 has been tasked with delivering a modern and sophisticated aesthetic that reflects the luxury brand and is guided by the principle of min

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2023 ISHC Young Leader Award goes to Florian Montag

Hospitality Net

The International Society of Hospitality Consultants (ISHC) in partnership with the International Hospitality Investment Forum (IHIF) presented the prestigious ISHC Young Leader Award to Florian Montag, Vice President of Business Development at Apaleo.

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A Buyer’s Guide to Future-Proofing Your Restaurant Tech Stack

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.

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Has Business Travel Plateaued?

Skift Blog

Skift Take: Today's edition of Skift's daily podcast looks closer at business travel in the U.S., Marriott's new budget brand, and LGBTQ travelers in India.

Business 232
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How to prepare your hotel for the end of Universal Analytics

Hospitality Net

With the end of Universal Analytics (UA) on the horizon, it’s time for hoteliers to get serious about preparing for the shift to Google Analytics 4 (GA4). Beyond the new platform and interface, GA4 represents a monumental change for the hospitality industry that prioritizes holistic user journeys and omni-channel approaches over cookies and invasive trackers to measure performance across websites and mobile devices.

Hotels 238
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Hotel CEOs Are Loving Limited Rooms and High Prices

Skift Blog

Skift Take: The good times will keep rolling for the hotel sector, according to its CEOs. They make a compelling case.

Hotels 249
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Hilton Grand Vacations to Host Hospitality Suite at the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX

Hospitality Net

Hilton Grand Vacations Inc. (NYSE:HGV), the industry-leading global vacation ownership company, announces it will host a premier on-track hospitality suite for the FORMULA 1 HEINEKEN SILVER LAS VEGAS GRAND PRIX. As an official event partner, HGV will offer an exclusive opportunity for fans to take in the spectacle of 20 cars roaring around the iconic sights of Las Vegas at over 210 mph from a luxurious setting.

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ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

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.

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Aimbridge Appoints Aly El-Bassuni as Divisional President, Enhanced Select Service

Lodging

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

Services 157
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RezRecover Announced as Bronze Sponsor of HSMAI Revenue Optimization Conference 2023 in Toronto

Hospitality Net

Attendees at this year’s highly anticipated 2023 HSMAI Revenue Optimization Conference (ROC) will have the opportunity to explore the latest advancements from RezRecover. Today, the company announced its sponsorship of the event coming to Toronto, June 27-28, as part of Commercial Strategy Week. ROC, organized by the Hospitality Sales and Marketing Association International (HSMAI), is a prestigious event that brings together top professionals and industry leaders in the hospitality sector.

Revenue 230
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NYU Panels Address Current Economic Challenges Facing Lodging Industry

Lodging

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.

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UNWTO and MSC Foundation to Deliver Sustainable Tourism Education at Sea

Hospitality Net

The initiative builds on the success of the first Global Youth Tourism Summit, held in Sorrento, Italy, in 2022, and will see the creation of the MSC Foundation Youth Lab, a specially-equipped venue on the advanced new eco-ship. One of the core programmes to be offered in the Youth Lab will be "GYTS for MSC: A Sustainable Future for Our Next Generations", designed in close partnership with UNWTO.

Tourism 228
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Beyond The Meeting Room: Luxury Magazine Resource

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!

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Marriott, PCMA, and CEMA Release Findings From Meetings and Events Study

Lodging

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,

Events 144
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Mandarin Oriental Hotel Group Launches Wellness Music Programme

Hospitality Net

The Spas at Mandarin Oriental harness the transformative energy of music with a new Wellness Music Programme. Set to debut on Global Wellness Day (10 June 2023) across the Group, the Wellness Music Programme has been carefully curated drawing on regional cultures and philosophy with healing traditions in their music.

Hotels 227
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Veriu with view: ‘a new benchmark for design’ in Collingwood, says CEO

Hotel Management

Veriu Group has opened a 95-key apartment hotel in Melbourne’s inner-city suburb of Collingwood, after almost five years in planning and development. Developed in partnership with luxury property developer Gurner, as part of its Atelier Residences project, Veriu Collingwood is the group’s second hotel in the city and the state. Veriu Group CEO Zed Sanjana said the Collingwood Arts Precinct was a fitting location.

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St. Joe Announces the Opening of the 107-Suite Home2 Suites by Hilton Santa Rosa Beach

Hospitality Net

The St. Joe Company (NYSE: JOE) ("St. Joe") and Hilton (NYSE: HLT) announce the opening of the 107-suite Home2 Suites by Hilton Santa Rosa Beach. The hotel is located at 100 W. Hewett Road in Santa Rosa Beach, Florida, just north of US Highway 98 and in close proximity to the iconic Scenic Highway 30A corridor, Topsail Hill Preserve State Park, and the area’s pristine white-sand beaches.

Closing 227
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How Intent Data Helps Marketers Convert A-List Accounts

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.