Thu.Jun 15, 2023

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Inside NEOM: Saudi Arabia’s Ambitious Blueprint for a Sustainable Tourism Economy

Skift Blog

Skift Take: Saudi Arabia’s giga-project NEOM envisions a revolutionary future for travel — one that blends sustainability, innovation, access to nature, and luxury to redefine the way we explore the world. As its ambitious plans come to life, NEOM could become the world's first destination to establish a groundbreaking standard in immersive, eco-conscious, and transformative travel experiences.

Tourism 363
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Exclusive: hotel market expansion to peak in next 12 months, says CBRE

Hotel Management

As part of HM’s 2023-24 Development Outlook, CBRE Hotels Managing Director – Capital Markets, Michael Simpson, and Pacific Head of Hotels Research, Ally McDade, discuss the challenges and opportunities that lie ahead in the Australian hotel market. The Australian hotel market’s expansionary phase experienced over the last 10 years is set to peak in the next 12 months.

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Smiler Raises $8.5 Million to Connect Photographers with Tourists: Startup Funding Roundup

Skift Blog

Skift Take: Smiler wants to make it easier for photographers and tourists to connect at travel destinations, while more startups are venturing into developing sustainable aviation fuel.

Travel 287
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Exclusive: Salter Brothers launches luxury retreats brand

Hotel Management

Fund manager Salter Brothers is taking its hotels business to the next level with the launch of its very own hospitality brand, Ardour, after 24 months of research and development. Coming to market in 2024, Ardour is a brand of boutique luxury lifestyle hotels that will offer a retreat experience on a grander scale with facilities to cater for large groups including event spaces, day spas and multiple restaurants.

Branding 264
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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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Airbnb Lawsuit Against NYC: A Solitary Effort That Got Results, For Now

Skift Blog

New York City's hammer blow against short-term rentals is back into the tool box for a couple of months, but it may be just a reprieve.

Travel 315
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Blackstone Completes Cvent Acquisition

Lodging

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.

More Trending

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The Hotel Guest Experience Starts with Customer Reviews and UGC

Hospitality Net

Some may say the headline has it backward, but today’s modern travelers would agree, and in fact, they go out of their way to research the hotel guest experience before they even begin their travels.

Travel 256
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Qantas Unveils a Wellness Zone as Part of Its A350 Cabin Design

Skift Blog

Skift Take: The design is the first of its kind and is one of many innovative ideas by Qantas as it implements Project Sunrise.

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Ritz-Carlton Reserve debuts in China with a Resort in Jiuzhaigou, part of the Country’s magical "Valley of Nine Villages"

Hospitality Net

Rissai Valley, a Ritz-Carlton Reserve on the Qinghai-Tibet Plateau in Southwestern China, offers guests rare experiences and an immersive connection to the landscapes, culture, and traditions of the UNESCO World Heritage-listed Jiuzhaigou Valley

Resorts 246
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Ramada Encore by Wyndham makes Japanese debut

Hotel Management

Wyndham Hotels and Resorts has introduced the first Ramada Encore by Wyndham hotel in Japan, with the opening of a 235-key property in Amagasaki. Ramada Encore by Wyndham Amagasaki marks the entry of the first international hotel brand to the city. Wyndham Hotels and Resorts President, Asia Pacific, Joon Aun Ooi, said the opening demonstrates the long-term potential Wyndham sees in the market and in Asia Pacific more broadly.

Resorts 246
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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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Knowland Now Available on Oracle Cloud Marketplace

Hospitality Net

Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality and a member of the Oracle PartnerNetwork (OPN), today announced the Knowland platform is available on Oracle Cloud Marketplace and will enable integration with the Oracle Hospitality OPERA Sales and Event Management sales and catering management application.

Events 245
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Top Boss at Marriott’s Vacation Homes Play Talks Path to Growth: Full Video

Skift Blog

Skift Take: Keeping the members of the world's largest loyalty program happy, is about bringing quality as opposed to quantity. That's according to Jennifer Hsieh, vice president for Homes & Villas, who shared the company's approach to loyalty at the Skift Short-Term Rental Summit.

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A Brand-new Era Carrying Traces of the Past Has Begun at Ç?ra?an Palace Kempinski Istanbul

Hospitality Net

One of the most important symbols of the city with its unique location on the Bosphorus, magnificent architecture, rich history, and unparalleled beauty, the legendary Çırağan Palace Kempinski Istanbul stepped into a brand-new era under the dominance of the combination of historical textures with modern elegance, after its extensive redesign project in the hotel building.

Branding 244
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Marriott Doesn’t See Travelers Balking at Room Rates Yet

Skift Blog

Skift Take: Travelers aren't pulling back from hotel spending in broad terms, said the world's largest hotel group. Plus, more highlights from this week's news in hotel deals and development worldwide.

Travel 253
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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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AWC strengthens long-term partnership with Nobu Hospitality to launch two iconic Plaza Athénée Hotels in New York and Bangkok

Hospitality Net

Asset World Corp Public Company Limited, Thailand’s leading integrated lifestyle real estate group, strengthens its long-term partnership with Nobu Hospitality, the globally iconic and fastest growing luxury lifestyle brand, to develop Plaza Athenee hotels in New York and Bangkok, bringing the new level of luxury to iconic heritage buildings in two of the world’s most visited cities.

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Blueground and Placemakr CEOs on Emerging Trends: Full Video

Skift Blog

Skift Take: The rise in blended business and leisure travel has contributed to the surging demand for short-term rentals.

Travel 246
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A Deep Dive Into ILC’s Fresh Take on Events for Independent Hotels with Founder and Chairman Andrew Benioff

Hospitality Net

If I were asked to compile a list of the most prominent figures currently influencing the trajectory of the independent lodging industry, Andrew Benioff, the Founder and Chairman of the Independent Lodging Congress would undoubtedly be included. As a tenured hospitality professional, I’ve been given the opportunity to connect with countless thought leaders in the space – many of whom exhibit a seemingly unquenchable appetite for innovation and growth – and Benioff is no exception.

Events 243
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The AI travel booking tools keep coming. Not all will succeed. 

Skift Blog

Skift Take: A lot of generative AI-based travel planning and booking tools are coming out. Which ones will last?

Travel 262
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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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How Hotel PMS Software helps front desk managers

Hospitality Net

Ask any Front Desk Manager whether they’d prefer all the paperwork, excel spreadsheets, and running around of days of old to the ease, control, and speed you get with Property Management Systems (PMS) today. There’d be no contest. The use of PMS software has been a huge game changer for hotels and an even bigger opportunity.

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Quore Recreates Reporting Engine App

Lodging

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.

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Netflix Food Shows Are on the Menu at NETFLIX BITES, Our First-Ever Pop-Up Restaurant

Hospitality Net

Order’s up! Netflix is cooking up something special for fans of our favorite food shows with the opening of our first culinary space, NETFLIX BITES, an elevated dining experience from several of our most well-known chefs. Have you ever watched Chef’s Table (the longest-running nonfiction series on Netflix), Is It Cake? or Iron Chef: Quest for an Iron Legend and wished you could dive into your TV to sample the delectable dishes on screen?

Dining 239
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Baird/STR Hotel Stock Index Dropped 2.6 Percent in May 2023

Lodging

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.

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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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Millennium Hotels & Resorts (MEA) and Watermelon Sign Agreement for Food Sustainability Project

Hospitality Net

Millennium Hotels and Resorts is committed to minimising the impact of operations on the environment and demonstrating leadership by integrating environmental considerations into its business practices. As part of its ESG strategy, the brand seeks to establish and nurture long-term relationships with the local community by supporting local small and medium-sized enterprises (SMEs).

Resorts 236
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India Daily: Yatra Hops on Personalized Travel Trend With Subscription Program

Skift Blog

Skift Take: If you are making travelers pay to give access to "exclusive deals" you need to ensure that the offer is worth the investment. Will Yatra deliver on its promises? Only time will tell.

Travel 159
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Torote Restaurant Implements Shiji’s Infrasys Cloud POS for Enhanced Operations and Growth

Hospitality Net

Shiji, the leading global hospitality innovator, has announced that one of Los Cabo’s most popular restaurants, Torote Restaurant, in Cabo San Lucas, Mexico, has successfully implemented Shiji’s Infrasys Cloud POS. This implementation includes integration with the Fiscal Interface, providing a comprehensive and streamlined solution for Torote Restaurant’s operations across the 7 devices installed.

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W Brisbane opens NYC-inspired restaurant

Hotel Management

W Brisbane has opened the doors to a new signature restaurant, The Lex, that takes inspiration from the brand’s birthplace of New York City. Designed by Nic Graham, the original designer behind W Brisbane, The Lex features terrace style dining and classic panelled walls – a nod to the heritage Queenslander look – with sophisticated colours and contemporary accessories.

Dining 147
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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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New Travel Forecast Shows Normalizing of Leisure Travel Demand from Post-Pandemic Surge

Hospitality Net

The U.S. Travel Association released its biannual forecast for travel to and within the United States through 2026, showing a normalized rate of growth in the domestic leisure travel sector after months of elevated demand.

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The Prosperous Hotelier Book – With Video Lessons

Hotel Financial Coach Blog

Click on image to learn more The Prosperous Hotelier Book – With Video Lessons Including Over 20 QR Codes to Chapter Video Lessons to Support Your Learning Purchase on Amazon in paperback, hardcover or Kindle format at [link] Purchase on Amazon in paperback, hardcover or Kindle format PURCHASE HERE Complimentary Discovery Call – [link] Video Course Links: [link] [link] Be sure to check out my other services on the links below.

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Guest Activities & Experiences Management Part 3/4: Customer Engagement

Hospitality Net

Guest engagement is central to success in the leisure and activities industry, and technology-driven solutions provide Spa and Golf establishments with the means to deliver personalized experiences that leave a lasting impact on them.

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This Week’s Comings & Goings

Lodging

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.

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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.