Fri.May 19, 2023

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American Hotels Support Nearly One in 25 U.S. Jobs

Hospitality Net

American hotels support 8.3 million American jobs, which is equivalent to nearly one in 25 U.S. jobs, according to an economic analysis released today by the American Hotel & Lodging Association and Oxford Economics.

Hotels 275
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American and JetBlue Must End Partnership After Court Ruling

Skift Blog

Skift Take: Without the American alliance, JetBlue's argument that it needs Spirit Airlines to compete is all the more valid. But the courts may see it differently.

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UNWTO Executive Council Meets

Hospitality Net

Ahead of the 118th session of the UNWTO Executive Council, the latest UNWTO World Tourism Barometer showed international arrivals reached 80% of pre-pandemic levels. The first quarter global results of 2023 set the pace for this upward trend to continue.

Tourism 255
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The Best Advice Sales Managers Can Give to Help Increase Sales

Anthony Cole Training

In this blog article, we discuss the best advice sales managers can give their salespeople, and that is to "keep moving." If you want to increase sales within your organization, you must keep moving throughout the ups and downs, the missed opportunities, the clients who "ghost" you, and more.

Sales 224
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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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Hilton Set for Bosnia & Herzegovina Entry with Dual Signing

Hospitality Net

Hilton (NYSE: HLT) today announced a franchise agreement with Intersped d.o.o. Sarajevo to open Hotel Neretva Mostar, Tapestry Collection by Hilton and Hampton by Hilton Sarajevo City Centre. Marking a country-first for Hilton in Bosnia & Herzegovina, the two hotels will be situated in prime central locations in Mostar and Sarajevo, with both hotels set to open by 2026.

Hotels 253
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The Lending Landscape: Best Practices to Obtain Funding Amid a Hotel Financing Slowdown

Lodging

With interest rates not expected to decline until mid- to late 2024, hoteliers are still navigating market conditions that are characterized by a higher debt-cost reality, fewer active lenders, and struggling debt coverage ratios. Further exacerbated by the recent U.S. bank collapse, which has made financing even harder to secure, deals are becoming more difficult to execute from a traditional lending standpoint.

Hotels 230

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STR: U.S. Weekly Hotel Performance Shows Mixed Year-Over-Year Comparisons

Lodging

HENDERSONVILLE, Tennessee—U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR’s latest data through May 13, 2023. U.S. Hotel Performance May 7-13, 2023 Percentage change from comparable week in 2022:Occupancy: 65.1 percent (down 2.0 percent)ADR: $154.90 (up 3.4 percent)RevPAR: $100.81 (up 1.3 percent) Worsened comparisons than the week prior were expected and normal given seasonal slowing and the negative side of the Mother’s Day calendar shift.

Occupancy 147
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When business strategy rhymes with financial reporting complexity

Hospitality Net

The COVID-19 pandemic and the recent invasion of Ukraine are two prime examples of unanticipated shocks that have placed intense strain on companies’ financials. These events generated uncertainty and highlighted the importance of managing risks and being flexible. Financial flexibility can be achieved through retaining adequate cash reserves to handle any unforeseen obligation or constraint, or adopting a cost structure that allows the firm to withstand a sudden decrease in revenues without inc

Business 246
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AHLA and IFBTA Form Strategic Partnership

Lodging

WASHINGTON—The American Hotel & Lodging Association (AHLA) and the International Food and Beverage Technology Association (IFBTA) announced a new strategic partnership that will more closely align the two associations to benefit their respective members and advance technology within the hospitality and foodservice industries. The partnership will enhance AHLA’s connectivity to food and beverage technology content and key industry suppliers while expanding IFBTA’s organizational reach by alig

Closing 147
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Pan Pacific Hotels Group Announces The Opening of BELLUSTAR TOKYO, A Pan Pacific Hotel

Hospitality Net

Located on the upper floors of TOKYU KABUKICHO TOWER, Shinjuku’s latest landmark skyscraper, the luxury BELLUSTAR TOKYO, A Pan Pacific Hotel features 97-rooms ranging between 41sqm and 277sqm, with floor-to-ceiling windows that overlook the bustling city skyline. Renowned for its graceful luxury and sincere hospitality, the Pan Pacific brand prides itself on delivering personalised and thoughtful experiences with service from the heart.

Hotels 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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Courtyard by Marriott Dayton Beavercreek Completes Renovation

Lodging

COVINGTON, Kentucky—Commonwealth Hotels announced a new chapter of the Courtyard by Marriott Dayton Beavercreek. The 94-room hotel completed a major renovation to its guestrooms and public areas. Courtyard by Marriott Dayton Beavercreek released its look following a $6.5 million dollar renovation that has a new interior design. The hotel revealed its new look with a reopening and ribbon-cutting celebration.

Hotels 147
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How S Hotels & Resorts drove nearly $710k in direct revenue with Revinate

Hospitality Net

S Hotels & Resorts is a fast-growing holding company that manages close to 40 hotels, resorts, and investments in desirable global tourism destinations. These include locations such as the Maldives, Fiji, Mauritius, the UK, and Thailand.

Resorts 242
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Highgate Releases First ESG Report

Lodging

NEW YORK—Highgate released its environmental, social, and governance (ESG) report which includes an analysis of its sustainability performance to date as well as its strategies for reducing the environmental impact of its hotels. Highgate has company goals to expand on initiatives within the report, including increasing its number of carbon-neutral hotels, onsite solar systems, biodiversity projects, third-party eco-certified hotels, and electric vehicle charging station installations.

Hotels 130
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BirchStreet’s Speaking at the 2023 Canadian Gaming Summit

Hospitality Net

The Canadian gaming industry thrives as one of the most dynamic sectors in the world. Each year, industry professionals, experts, and enthusiasts come together at the Canadian Gaming Summit (CGS)—the country’s premier annual conference and exhibition for Gaming and Sports Betting senior executives from across the globe—to explore the latest trends, innovations, and challenges in the realm of casinos and gaming.

Casinos 234
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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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NH Hotel Independent Directors Quit in Opposition to Deal With Tour Company

Skift Blog

Skift Take: NH Hotel Group's minority shareholders don't want to sell to Minor International. If Minor ups the offer, then the board revolt may be put down.

Hotels 130
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An Interview with Frank Wolfe

Hospitality Net

The BLLA Events Team sits down with Frank Wolfe, CEO of HFTP, as he prepares to participate in the 2023 Boutique Hotel Investment Conference on June 7-8.

Events 236
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STR: U.S. hotel results for week ending May 13

Hotel Business

U.S. weekly hotel performance produced mixed year-over-year (YOY) comparisons, according to STR‘s latest data through May 13. May 7-13 (percentage change from comparable week in 2022): Occupancy: 65.1% (-2.0%) ADR: $154.90 (+3.4%) RevPAR: $100.81 (+1.3%) Worsened comparisons than the week prior were expected and normal given seasonal slowing and the negative side of the Mother’s Day calendar shift.

Occupancy 105
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Highgate Publishes First Environmental, Social and Governance (ESG) Report

Hospitality Net

Highgate released today its environmental, social and governance (ESG) report which includes a comprehensive analysis of its successful sustainability performance to-date as well as its strategies for reducing the environmental impact of its hotels. It is believed to be among the first reports of its kind by a major hotel management company.

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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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Hotel Marketing Podcast Episode 236 - 4 Things Every Hotelier Needs To Do In 2023

Hotel News Resource

Today on the podcast we are diving into the data from the latest Leisure Traveler Sentiment Study and revealing insights that will help craft the marketing direction in 2023.

Market 100
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St. Regis Hotels & Resorts Debuts the St. Regis Chicago

Hospitality Net

The St. Regis Chicago Brings the Iconic Brand’s Glamorous Spirit and Celebrated Rituals to the Midwest.

Resorts 243
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Product watch: introducing Chiasso from BAGNODESIGN

Hotel Designs

Hotel Designs Product watch: introducing Chiasso from BAGNODESIGN Product watch: introducing Chiasso from BAGNODESIGN Combining two of the hottest trends in bathroom design into one beautiful collection, Chiasso is a new mixer range from the high-end BAGNODESIGN brand by SANIPEX GROUP… Chiasso by BAGNODESIGN is a contemporary collection of basin and shower mixers, which is available in four versatile brassware finishes, but where the range really stands apart is with its beautiful accent p

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GBTA Showcases Business Travel Outlook for Canada and Future Industry Trends

Hospitality Net

Business travel in Canada is poised for a strong, evolving future, according to the takeaways from the Global Business Travel Association (GBTA) Canada Conference 2023 held in Toronto from May 15-17.

Business 189
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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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STR Reports U.S. Hotel Performance for April 2023 Produced Mix Year-over-year Comparisons

Hotel News Resource

Markets with the lowest occupancy for the month included Detroit and Minneapolis, both seeing occupancy levels at 56.2%.

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7 Tips for Enhancing Guest Experiences and Fostering a Positive Hotel Culture

Hospitality Net

To succeed in the highly competitive hotel industry, providing exceptional service and creating memorable guest experiences is essential. Understanding why guests choose your hotel and using that knowledge to offer an elevated experience is crucial to achieving this goal.

Services 189
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The Lakehouse Inn at Sledd Creek

Webrezpro

Check into a cozy cabin at The Lakehouse Inn at Sledd Creek for some family fun this summer. Nestled by the lake in Gilbertsville, Kentucky, they have cabins, suites, and glamping sites (coming spring 2024). You can roast marshmallows, catch a fish, and splash around the pool (yes, they have a pool too!).

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Growth in Worldwide Wealth Vaults Global Luxury Travel to New Heights Creating Increased Investor Interest

Hospitality Net

The global luxury hospitality industry is undergoing a transformation as luxury hotels have risen in popularity in tandem with rising global wealth and consumers’ increased prioritization on immersive experiences. The number of luxury hotel brands and supply have increased by more than one million rooms over the past 40 years. Investors have taken notice as luxury hotels have become an increasingly institutional investment and changing consumer preferences give rise to new investment opportuniti

Consumer 181
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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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JLL Report - The Evolution of Global Luxury Hospitality

Hotel News Resource

Growth in worldwide wealth vaults luxury travel to new heights resulting in an acceleration of global luxury hotel demand and increased investor interest

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How Hospitality Employers Can Avoid Wage and Hour Mistakes

Hospitality Net

Even when employers are acting with the best of intentions, they can make mistakes that could get them in trouble with wage and hour laws.

Intent 178
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AHLA members lobby Congress for more workers

Hotel Business

The American Hotel & Lodging Association (AHLA) recently hosted its Hotels on the Hill fly-in on Capitol Hill, with more than 200 hoteliers representing 30-plus states meeting with members of Congress to share how labor shortages are impacting hotels and lobby for policies to help grow the hotel workforce. The event included more than 100 meetings with House and Senate offices, including House and Senate leadership.

Events 64
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STR: U.S. hotel results for week ending 13 May

Hospitality Net

U.S. weekly hotel performance produced mixed year-over-year comparisons, according to STR‘s latest data through 13 May.

Hotels 188
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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.