March, 2023

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BREAKING: Oyo Cuts IPO Size Nearly in Half to $600 Million, Aiming for November Listing

Skift Blog

Skift Take: A cut in IPO size to almost half may be significant, but the confidential pre-filing route provides Oyo the flexibility to change primary issue size to almost $900 million. A lot of that will depend on market conditions.

Market 356
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Banyan Tree Management Relaunches as Aperture Hotels

Lodging

ATLANTA—Officials of the former Banyan Tree Management announced that the company has relaunched as Aperture Hotels. The new company will continue to provide hotel management services but with an eye on expanding its third-party management portfolio and possible management company mergers and acquisitions. “Historically, we have been seen almost exclusively as an extension of Banyan Investment Group, providing services only for their portfolio,” said Charles Oswald, president and CEO, Aperture H

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Exclusive: inside Fairmont Vancouver Airport, once more named best airport hotel in North America

Hotel Management

The stylish and popular Fairmont Vancouver Airport has again been named the best airport hotel in North America at the 2023 World Airport Awards last week (Mar 13). Fairmont Vancouver Airport is the only soundproofed, luxury hotel and spa located within Vancouver’s International Airport and it offers stunning floor-to-ceiling mountain and runway views, fitness and wellness amenities and diverse dining choices.

Dining 279
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8 hotel marketing priorities for 2023

eHotelier

The sooner you identify and plan for the major trends and changes in the industry, the better chance you'll have to improve your guests' experience, drive direct bookings, and succeed in 2023.

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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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Raines acquires HP Hotels

Hotel Business

Raines , a fully integrated hotel development, management and investment company, has acquired HP Hotels , a full-service, third-party hotel management company, resulting in operational expansion throughout the Southeast and Southwestern U.S. The financial terms of the transaction are not being publicly disclosed. “Assets alone will not get Raines to where it needs to be as a company,” said Grey Raines, managing partner, Raines.

Hotels 124
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How Hotels Can Capitalize on New Hybrid Work Models

Lure Agency

Working Collaborative Group Gatherings: A New Segment is Being Defined for Hotels The concept of a hybrid workstyle is revolutionizing businesses and salespeople. Thanks to recent technological breakthroughs, companies have the option to hire employees from any geographic location, thereby reducing overhead costs associated with office space and equipment.

More Trending

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Sign of the Times: Soul Community Planet Succeeds by Specializing in Holistic Hospitality

Lodging

A prominent sign of the era of sustainable lodgings is the success of Soul Community Planet (SCP), a hotelier that prioritizes environmental responsibility, along with wellness and social stewardship. Ken Cruse, co-founder and chief executive officer, and Pam Cruse, co-founder and chief marketing officer, lead the company, which currently owns and operates nine hotels: three in California, three in Oregon, and three in Colorado, Hawaii, and Costa Rica, respectively.

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W Sydney announces trio of management appointments

Hotel Management

Marriott International’s highly anticipated W Sydney hotel is formulating its management team ahead of its October opening with the appointment of three industry leaders. Judd Rabbidge, takes up the position of Hotel Manager, Richard Millar joins as Culinary Director, and Christopher Stedman as Director of Rooms. Rabbidge was previously the Director of Sales and Marketing for W Bali and Director of Sales for One&Only Reethi Rah in the Maldives.

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Bernard Hartzenberg appointed Executive Chef at Shinta Mani Wild

eHotelier

David Steyn, General Manager of Shinta Mani Wild has announced the appointment of Bernard Hartzenberg as Executive Chef for the all-inclusive luxury tented camp in the jungle of the South Cardamom National Park in Cambodia.

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Four Blended Traveler Expectations & How Tech Can Help You Meet Them

Hospitality Tech

As the economic outlook of the country changes and consumers seek out more cost-effective ways to live and work, the trend of bleisure travel will only continue to rise.

Travel 118
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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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How Hotel Content Marketing can Benefit your Website

Little Hotelier

What is hotel content marketing? Hotel content marketing aims to attract and retain customers by offering them assets that they find informative, entertaining or otherwise useful. This ‘content’ can take many forms: videos, blogs, newsletters, social media posts, how-to guides and more. The idea is that a business earns a customer’s attention, trust and ideally loyalty by offering this valuable content for free.

Market 111
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Why New York Thinks Tweaking Iconic Tourism Slogan From ‘I’ to ‘We’ Matters

Skift Blog

Skift Take: Tourism marketing slogans should stick to their domain when they try to spur locals to civic pride and action: focusing on what makes the destination so great to attract locals and visitors in the first place.

Tourism 303
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Following In The Footsteps

Lodging

What initially inspired you to get into the hospitality business? My father started Budget Host when I was 13. One of my earliest jobs was stuffing marketing mailers to let independent motel owners know about Budget Host. My father encouraged me to study what interested me and follow my own path, but I continued to closely follow the growth of the business.

Motels 279
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Swissôtel Sydney embraces old-school hospitality with glamourous lobby bar

Hotel Management

Swissôtel Sydney has unveiled the results of a multi-million-dollar transformation of its grand lobby bar Arches on Market and “Euro-inspired” rooftop pool. The 5-star heritage hotel’s revamped level 8 bar provides a glamorous space to dine and unwind, with design influenced by the beauty and grandeur of the existing 1930’s architecture of the lobby.

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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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Why hotels benefit from a proactive approach to reputation management

eHotelier

It’s now possible for hotels to use digital communications technology to intercept guest requests and reviews as they appear. Hoteliers can use this technology to shape their reputation rather than allowing third-party review sites to define them.

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HT-NEXT 2022 Exclusive: Key Takeaways for Navigating Hospitality’s Challenges

Hospitality Tech

During this innovator roundtable, executives from Fortinet, Sabre and Tabit answered a series of thought-provoking questions that revolved around industry challenges, dos and donts, ways to provide differentiation from the competition, and more.

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HB Exclusive: Wyndham partners with Minor League Baseball

Hotel Business

Wyndham Hotels & Resorts has stepped up to the plate and entered into a new multi-season partnership with Minor League Baseball. The deal makes Wyndham the Official Hotel Partner of Minor League Baseball (MiLB) with its loyalty program, Wyndham Rewards, becoming MiLB’s Official Hotel Loyalty Partner. “It could not be a better match of a partnership for Wyndham Rewards and our everyday traveler,” Dana Rosenberg, SVP, marketing, Wyndham Hotels & Resorts, told Hotel Business.

Branding 111
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LGBTQ+ Travel Gains New Recognition After Long Challenging Evolution

Skift Blog

Skift Take: Despite the LGBTQ+ community's growing clout in the travel industry, many travelers in the rapidly growing segment still face enormous challenges. Here's a look at how Skift has covered the progress LGBTQ+ travelers have seen as well as the setbacks the group has encountered.

Travel 298
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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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NewcrestImage and Hospitality Capital Partners Acquire 16 Hotels in Joint Venture

Lodging

In a joint venture, Dallas, Texas-based NewcrestImage and Phoenix, Arizona-based Hospitality Capital Partners (HCP) have acquired 16 hotels with a total of 2,155 rooms for $137.3 million from Service Properties Trust, a Massachusetts-based REIT. The transaction was handled by Al Calhoun and Mark Fair at CBRE in Atlanta. The portfolio consists of 13 Courtyard by Marriott hotels and three Residence Inn by Marriott hotels that are located in nine states—Georgia, Massachusetts, New York, North Carol

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Long-time TFE employee named Vibe Adelaide GM

Hotel Management

TFE Hotels has appointed South Australian Katie Obst to the General Manager position at Vibe Hotel Adelaide. Obst’s appointment to her first pre-opening General Manager role comes after 10 years at TFE Hotels, the past four of which have been spent at the helm of Adina Apartment Hotel Adelaide Treasury. The 123-room new-build Vibe hotel, which opened on March 1, marks the brand’s entry into South Australia.

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What is the optimal distribution mix in a hotel?

eHotelier

Every hotel has an optimal distribution channel mix – meaning that channels are selected and managed in such a way that they will drive optimal profitability for the hotel in the long run.

Hotels 115
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3 Ways Frontline Workforce Technology Helps Lower Attrition

Hospitality Tech

As the industry struggles to fill nearly 2 million job openings, hospitality brands are rethinking their technology budgets and deciding to equip their frontline employees with digital workplace tools that boost productivity, job happiness and retent

Branding 110
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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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Shaner Hotels completes conversion of FL Courtyard

Hotel Business

Shaner Hotels has completed the conversion of the 124-room Courtyard by Marriott Marathon Florida Keys to the Courtyard Faro Blanco Resort in Marathon, FL. The newly converted property, owned by Prime Group and operated by Shaner, marks Marriott International ’s first Courtyard resort in the U.S. The hotel plans to add cabanas and additional lighting to the pool deck with more activities and on-site experiences for guests. “The conversion of the Marriott property into a fully integrated re

Resorts 111
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Kayak Bows Out of Opening Lifestyle Hotels Under Its Own Brand

Skift Blog

Skift Take: Nothing ventured, nothing gained. Kayak won't be opening any new hotels near you, but still hopes to make a go of building a hotel tech business. That, too, could be a big challenge.

Branding 294
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Making Memories Every Day

Lodging

What initially inspired you to get into the hospitality business? The first time I heard Ritz Carlton’s Gold Standards Motto: “Ladies and Gentlemen Serving Ladies and Gentlemen,” was during a Total Quality Management course at James Madison University. As I learned more about leadership, strategic planning, customer service and marketing, I was excited about the career path opportunities.

Services 279
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Actions over words: Hilton rolls out LGBTQIA+ inclusivity training across Australia

Hotel Management

Hilton is advancing its LGBTQIA+ inclusion efforts across marketing and guest experience through a training program in partnership with Husbands That Travel (HTT). A HTT survey of over 500 LGBTQIA+ travellers in Australia found that 98% have changed their behaviour while travelling to avoid drawing attention to their sexuality or gender, and 60% said it was their default to go back into the closet when they travel.

Travel 264
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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 increase direct bookings through personalization with Juanjo Rodriguez

eHotelier

In this episode, we discuss how to use personalisation on your website to increase direct booking conversion. My guest is Juanjo Rodriguez, founder and CEO of technology company The Hotels Network.

Hotels 115
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The High Value of Operating Efficiently

Hospitality Tech

Jeff McConathy of Kasa shares how his lodging brand can employ only four full-time staff members per property and still give guests the hospitable experience they want and deserve.

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Marriott gets approval to complete City Express acquisition

Hotel Business

Marriott International Inc. has received approval from Mexico’s Federal Economic Competition Commission (COFECE) for the acquisition of the City Express brand portfolio from Hoteles City Express S.A.B. de C.V., paving the way for the company’s entry into the affordable midscale segment. Marriott expects that the transaction, originally announced in October 2022 , could close in the second quarter, subject to the satisfaction of other customary closing conditions.

Closing 111
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Portugal’s Golden Visas Draw Fire for Creating Uneven Living Standards

Skift Blog

Skift Take: Young workers across Portugal, many in the tourism industry, are struggling to pay rents as foreign investment through visa programs has put real estate out of reach. One of the more visible targets of criticism, still: Airbnb.

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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.