Fri.Apr 28, 2023

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Hyatt Is Buying Hotel Booking Site Mr and Mrs Smith for $66 Million

Skift Blog

Skift Take: This all about the luxury sector, as Hyatt gains the UK-based agency's 1 million higher-spending members and could double the number of boutique and luxury properties it offers.

Hotels 326
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Nobu Hospitality lands in the heart of Seville, Spain

Hospitality Net

Nobu Hospitality is delighted to announce the launch of Nobu Hotel and Restaurant Sevilla. Set in the heart of the Andalusian capital at Plaza de San Francisco, the brand’s latest opening occupies two early 20th century residential buildings, lovingly restored to enhance their traditional architecture. Facing the plateresque façade of the City Hall, Nobu Hotel Sevilla features 25 stylish guest rooms and suites, and an expansive rooftop terrace complete with a swimming pool and dining area which

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Portugal Notches Tourism Record in First Quarter

Skift Blog

Skift Take: Portugal's record tourism points to a strong summer ahead for the country and Europe, as the world sprints back to normal.

Tourism 340
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Stoneweg Hospitality Extends Spanish Hotel Footprint With €83 Million Double Acquisition

Hospitality Net

Stoneweg Hospitality (‘Stoneweg’), the hotel investment arm of global real estate company Stoneweg, has acquired two hotels in Spain from Globalia Business Corporation, the Spanish tourism group, for €83 million. The investments have been made through a variety of Stoneweg’s discretionary funds and increase the Company’s hospitality exposure by 25%, from 1,281 to 1,691 keys, as well as its weighting to the Balearic and Canary Islands to 62%, a region where record visitor numbers are forecasted i

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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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Luxury Brands Bentley and Fabergé Dip Into Selling Travel

Skift Blog

Skift Take: High-end brands are using travel experiences to foster loyalty with existing clientele or entice new customers. And they're going to great lengths and partnerships to meet these luxury travelers' aspirations.

Branding 272
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Bohemian Meets Brutalism at IHG’s New Boutique Property

Lodging

Opened in February, Yours Truly DC represents the Americas debut of IHG Hotels & Resorts’ Vignette Collection, the newest brand in IHG’s Luxury & Lifestyle portfolio. Located within Washington’s Dupont Circle, Yours Truly DC exemplifies the brand’s concept of unexpected guest experiences, known as “Memorable Rituals.” For example, guests can curate the soundtrack to their stay at El Donut Shoppe, an outpost of the Orlando-based record store located off the hotel’s lobby.

Resorts 246

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Hyatt to Further Strengthen Position in Luxury with Plans to Acquire Mr & Mrs Smith

Hospitality Net

Hyatt Hotels Corporation (NYSE: H) and Mr & Mrs Smith today announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform offering direct booking access to a carefully curated and growing collection of over 1,500 boutique and luxury properties in some of the world’s most desirable locations. Hyatt will acquire 100 percent of the asset-light Mr & Mrs Smith platform for an enterprise value of £53.0 million in cash consideration.

Hotels 246
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Indian Hotels Company’s Asset-Light Strategy Leads to Highest-Ever Annual Profit

Skift Blog

Skift Take: A peek into the financial records of India's hotel companies would provide valuable insight into the country's flourishing tourism industry.

Tourism 274
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Punthill Sunshine set to open in late 2024

Hospitality Net

Yesterday local State and Federal MPs, Sarah Connolly and Dr Daniel Mulino, and Brimbank City Councillors Sam David and Thomas O’Reilly, joined Veriu Group co-founder Alex Thorpe, CEO Zed Sanjana and developer Martin Strode of SMA Projects in a sod-turning ceremony to commemorate the start of Veriu’s latest Punthill property build at Sunshine.

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Visa, Mastercard Leap Beyond 2019 in Cross-Border Spending

Skift Blog

Skift Take: The Caribbean has seen one of the biggest increases in cross-border spending, with many Americans traveling there and making the most of the strong dollar.

Travel 261
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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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HSMAI Perspective: HSMAI Commercial Strategy Week: Leading the Way

Hospitality Net

HSMAI has a rich history of producing educational conferences since our inception in 1927. Our topics and strategies continuously evolved with the times to help hotels be more successful. During the early 2000s as internet marketing was rapidly advancing, we produced the first Hotel Internet Marketing Strategy Conference in 2003 and then the Revenue Management Strategy Conference in 2004.

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How Applying for a Skift Award Can Make Your Business Stand Out

Skift Blog

Skift Take: Are you interested in standing out from the crowd, benchmarking your performance against competitors, and potentially earning new business opportunities? If yes, our program of Awards could be for you.

Business 250
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Sightsavers and the Sustainable Hospitality Alliance join forces to support disability inclusion in the hospitality sector

Hospitality Net

Sustainable Hospitality Alliance is partnering with international development organisation Sightsavers to increase disability inclusion in the hospitality industry, with a focus on countries in Africa and Asia. The partnership will see both organisations act in close collaboration, enabling knowledge sharing to make the world’s hospitality industry accessible to all.

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Watch Video: Breaking Down the Opportunities and Challenges of Adopting AI in Travel

Skift Blog

Skift Take: How does AI change travel? How can these tools drive hotel efficiency, handle airline customer service, and reshape the way we search for and book travel? Skift dives deep into these discussions and more.

Travel 247
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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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9 audiences you can create for better hotel marketing campaigns

Hospitality Net

The marketing department in a hotel has a crucial role in increasing revenue. Not only has to do with creating initiatives to attract new guests but also with communicating with previous guests and making them come back.

Market 242
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Why Data Matters When Recruiting People that Will Sell

Anthony Cole Training

Let’s talk about why data matters when recruiting people that WILL sell versus CAN sell. There is a big difference.

Sales 243
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Earth Shore, Marjan Island Planned for 2025 Opening

Hospitality Net

When Earth Shore opens in 2025, it will have farm-to-table dining, cooking classes, pop-up shops supporting local talent, family activities, wellness programs, and more. Earth Hotels work with leading partners in entertainment, nightlife, and fitness. Guests will be able to enjoy outdoor activities like electric motorbikes and mountain climbing, or indoor activities like CrossFit, muay Thai, and yoga.

Shopping 239
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STR: Two U.S. Hotel Performance Metrics Reach Second-Highest Yearly Levels

Lodging

HENDERSONVILLE, Tennessee—U.S. hotel performance increased from the previous week, according to STR’s latest data through April 22, 2023. U.S. Hotel Performance April 16-22, 2023 Percentage change from comparable week in 2022):Occupancy: 67.2 percent (up 2.3 percent)ADR: $155.76 (up 4.2 percent)RevPAR: $104.64 (up 6.6 percent) Helped by group demand, which was the third highest of the pandemic era, the occupancy and RevPAR levels were the second highest of the year, behind the week ending

Occupancy 147
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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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First Earth Branded Hotel to Open in Portugal Late 2024

Hospitality Net

As a brand for explorers and cosmopolitans, Earth Hotels is regenerating a historical property that blends the history of the city with our distinct DNA to create social spaces for collaboration, entertainment and dining. Earth La Revolução will bring locals together in search for a place that resonates with them to connect, work and socialize. For travelers, it is a place that is fun, playful and distinctly Portuguese as we introduce local produce, local partnerships in events, art curation and

Branding 238
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Choice Brings Cambria to Peach State With Savannah Opening

Lodging

SAVANNAH, Georgia—The recent grand opening of the Cambria Hotel Savannah Downtown Historic District—which marks the brand’s first foray into the state of Georgia—was a natural choice for its entry into the Peach State, according to Janis Cannon, SVP, upscale brands, Choice Hotels International, Inc. Cannon emphasized that the new property meets both the needs of its target customers, specifically “guests who want to have a sense of space and a sense of place,” as well […] The post Choice B

Branding 130
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New Waterloo Announces Expansion Into Baltimore, MD

Hospitality Net

New Waterloo, a dynamic, growing, independent hotel management company is announcing further expansion into new markets. The Austin-based hotel group will be taking over management for Hotel Revival in Baltimore, MD starting in May of this year. New Waterloo currently owns and operates South Congress Hotel, Otoko, Maie Day, La Condesa, Sway, Café No Sé, Mañana, Il Brutto, and Butler Pitch & Putt.

Intent 236
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Crescent Hotels & Resorts Adds Shangri-La Resort & Marina to the Latitudes Portfolio

Lodging

MONKEY ISLAND, Oklahoma—Crescent Hotels & Resorts announced the addition of the Shangri-La Resort & Marina to its Latitudes: Lifestyles by Crescent collection. Positioned on 1,300 miles of shoreline, the Shangri-La Resort & Marina is a full-service resort complex on northeastern Oklahoma’s Grand Lake O’ The Cherokees. The lakeside property has 119 guestrooms with amenities, some of which offer access to the resort’s 6,500-square-foot pool and children’s splash pad.

Resorts 130
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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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How to advertise your hotel with a low budget

Hospitality Net

Whether you’re marketing a global hotel brand or a local bed and breakfast, every property shares the same goal: filling all their rooms. But when you have a limited hotel marketing budget, it can be difficult to determine how to best use your funds. How can you maximize your marketing campaign and extend your brand’s visibility without blowing your budget?

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Hyatt to Further Strengthen Position in Luxury With Plans to Acquire Mr & Mrs Smith? 

Lodging

Hyatt Hotels Corporation and Mr & Mrs Smith announced an agreement for a Hyatt affiliate to acquire London-based Mr & Mrs Smith, a platform offering direct booking access to a collection of over 1,500 boutique and luxury properties around the world. Hyatt will acquire 100 percent of the Mr & Mrs Smith platform for an enterprise value of £53.0 million in cash consideration.

Hotels 130
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Now Open: Kimpton The Forum Hotel, Charlottesville, VA!

Hospitality Net

The Forum Hotel boasts 198 guest rooms and 10 suites, 22,000 square feet of meeting and events spaces and classrooms, a flourishing arboretum and botanical garden, and two state-of-the-art dining concepts led by executive chef Eric Brownlee. Birch & Bloom, a modern American steakhouse, works in partnership with local growers, butchers and purveyors to provide the freshest choice cuts and seasonal produce.

Dining 227
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American Airlines Gets a Huge Boost From Blended Travel

Skift Blog

Skift Take: Today's edition of Skift's daily podcast looks closer at American Air’s blended travel insights, Fiji’s new tourism campaign, and Wyndham’s optimism.

Travel 130
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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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Multimillion Dollar Renovations are Underway at Hyatt Regency Coralville Hotel & Conference Center

Hospitality Net

A multimillion-dollar transformation is underway at Iowa’s only Hyatt Regency, with a planned completion by late summer 2023. Hyatt Regency Coralville Hotel & Conference Center’s renovation features a complete makeover of the guest rooms and a reimagined and highly curated food and beverage experience—all designed to deliver a market-leading hospitality experience.

Hotels 227
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Hyatt to acquire Mr & Mrs Smith travel club platform

Hotel Business

Hyatt Hotels Corporation and Mr & Mrs Smith have agreed to a Hyatt affiliate acquiring London-based Mr & Mrs Smith, a travel club platform offering direct booking access to a curated collection of more than 1,500 boutique and luxury properties worldwide. Hyatt will acquire 100% of the asset-light Mr & Mrs Smith platform for an enterprise value of 53 million pounds ($66.3 million) in cash consideration.

Travel 105
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Hilton Rolling Out Technology Platform to Help Reduce the Friction of Travel for Hotel Guests, Team Members Worldwide

Hospitality Net

It’s 3 p.m. on a Monday at Homewood Suites by Hilton Largo Washington DC, arguably one of the busiest times for this hotel’s lobby. A guest, having checked in on Sunday, would like to inquire about dinner reservations. They approach the front desk. Although the hotel is at capacity, there is no line. The guest is welcomed personally by a smiling Hilton team member, who has time to ask their preferences, their dining style and more before making a recommendation.

Dining 223
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Hyatt to acquire Mr & Mrs Smith for £53 million

Boutique Hotel News

US/UK: Hyatt Hotels Corporation has announced plans to acquire the London-based hotel booking platform Mr & Mrs Smith for £53 million in cash. The planned acquisition is expected to close in the second quarter of this year. At a later date, Hyatt will introduce direct booking access to more than 1,500 properties within the Mr & Mrs platform.

Closing 105
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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.