Sat.Jul 29, 2023

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HVS Report - U.S. Hotel Development Cost Survey 2023 - By Luigi Major

Hotel News Resource

Each year, HVS researches and compiles development costs from our database of actual hotel construction budgets. This source provides the basis for our illustrated total development costs per room/per product type. HVS has tracked hotel construction budgets throughout the United States since 1976.

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23 Acre Doubletree Resort Scottsdale Paradise Valley in Scottsdale, Arizona Sold

Hotel News Resource

The property spans more than 23 acres on Scottsdale Road and features 378 premium guestrooms, including 12 suites with panoramic views of the scenic areas surrounding Camelback & Mummy Mountains.

Resorts 52
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Taylor Swift, Coldplay and the Rotary Convention: Singapore Hotel Bookings Jump for Eventful First Half of 2024

Hotel News Resource

There is plenty of time remaining in 2023, but Singapore’s hotel bookings are already increasing rapidly for 2024 with the market set to host several major events early in the year. Utilizing Forward STAR data, we took a quick look at the specific impact for Singapore’s hotels from Taylor Swift’s 'The Eras Tour', Coldplay and the global Rotary Convention.

Events 52
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Declining Travel Impacting Canadian Business Travelers' Careers, SAP Concur Survey Finds

Hotel News Resource

Article - Declining Travel Impacting Canadian Business Travelers' Careers, SAP Concur Survey Finds - 94 per cent of Canadian travellers say the future of their career depends on successful business travel in the coming year

Travel 52
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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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Jeff Knowlton Named Chief Information Officer for Sonesta International Hotels

Hotel News Resource

Mr. Knowlton most recently served as Vice President of Information Technology at Pursuit Collection, a Denver-based hospitality and attractions company, where he built the IT department to support the company's growth.

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The Ibis Budget Casula Liverpool and Ibis Budget Campbelltown Hotels Listed for Sale Ahead of Western Sydney International Airport Opening

Hotel News Resource

Together, the hotels offer 146 economy rooms, representing a combination of a well-established, highly profitable, income-generating business with substantial freehold land holdings.

Sales 52

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Staying Ahead of the Game: The Power of a Loyalty Integration with a Reservation System

Hotel News Resource

In the fast-paced world of the casino hotel industry, one crucial aspect has remained stagnant for too long – the reservation process. Manual and disjointed systems have led to inefficiencies and customer dissatisfaction.

Casinos 52
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Hotelogix Enhances Its Hotel PMS with E-Invoicing Capabilities for Greece Hotels

Hotel News Resource

With this update, hospitality entities in Greece using Hotelogix can issue digital bills and tax documents to comply with the government-prescribed rules and regulations.

Hotels 52
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Holiday Inn Express Kenedy Hotel in Kenedy, Texas Sold

Hotel News Resource

The property, built in 2013, was purchased by Monarch Group Hotels, based in Corpus Christi, Texas, from KJ Texas Properties LLC, based in Branson, Missouri.

Hotels 52
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DoubleTree by Hilton Muscat Qurum Hotel Opens in Oman

Hotel News Resource

The first DoubleTree by Hilton property to open in Oman features 122 one‑, two‑ and three‑bedroom suites with views of the mountains

Hotels 52
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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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HVS Europe Hotel Transactions Bulletin Week Ending 21 July 2023

Hotel News Resource

Article - HVS Europe Hotel Transactions Bulletin Week Ending 21 July 2023 - A summary of European hotel transactions provided by HVS

Hotels 52
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U.S. Hotel Construction PipelineRemains Steady; 2025 Supply Growth Forecast is 1.5%

Hotel News Resource

According to the Q2 2023 United States Construction Pipeline Trend Report by Lodging Econometrics (LE), at the close of the second quarter, the hotel construction pipeline stands at 5,572 projects/660,061 rooms, with projects up 7% year-over-year (YOY) and rooms up 6% YOY.

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Wyndham Hotels & Resorts Reports Q2 2023 Results

Hotel News Resource

On a comparable basis, fee-related and other revenues increased 5% year-over-year primarily reflecting higher royalties and franchise fees resulting from global RevPAR and system growth.

Resorts 40
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Google: Don't Trust What Our Chatbot Bard Tells You - BBC

Hotel News Resource

Article - Google: Don't Trust What Our Chatbot Bard Tells You - BBC - Google says people should use its search engine to check whether information provided by its chatbot, Bard, is actually accurate.

Hotels 40
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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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Daniel Yang Namned Chief Customer & Innovation Officer for MGM Resorts International

Hotel News Resource

Yang joins MGM Resorts from Aristocrat Leisure Limited where he served as the company's Chief Strategy Officer responsible for driving corporate strategy, long-range planning, and corporate development.

Resorts 40
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AHLA Statement in Support of the HIRE Act

Hotel News Resource

The American Hotel & Lodging Association (AHLA) President & CEO Chip Rogers spoke out yesterday in support of the H-2 Improvements to Relieve Employers (HIRE) Act, which was introduced in the U.S. House of Representatives by Rep. Tony Gonzales (R-Texas).

Hiring 40