Hospitality Net

FEBRUARY 16, 2024

Ashford Hospitality Trust, Inc. capitalization rate on 2023 net operating income, or 18.2x capitalization rate on 2023 net operating income, or 14.0x The sale is expected to be completed in early March and is subject to normal closing conditions. 2023 Hotel EBITDA. 2023 Hotel EBITDA.

Net Operating Income 199

Net Operating Income Hospitality Sales Closing 199

Hospitality Net

OCTOBER 31, 2023

Findings from the Cushman and Wakefield Operator Beat 2023 indicate that capital cities throughout Europe continue to hold their allure for operators, with the recent addition of Vienna to this esteemed list. Notably, City markets in France, Germany, Benelux, and Turkey have experienced a surge in operator interest since 2021.

Operations 230

Operations Market Marketing Hotels 230

Hospitality Net

MARCH 22, 2024

TPG Hotels & Resorts, one of the nation’s premier hospitality management firms, announced today that it is centralizing its management company platform with the opening of its new national operations headquarters based in Dallas, Texas.

Operations 234

Operations Resorts Hospitality Management Hotels 234

Hospitality Net

APRIL 10, 2024

InnSpire, the leading provider of innovative hospitality technology solutions that help drive seamless, world-class guest experiences for some of the world’s most iconic hotels and brands, announces the global rollout of its transformative InnSpire.ONE AI platform, which is reshaping the landscape of luxury hotels worldwide.

Operations 262

Operations Hotels Branding Hospitality 262

Hospitality Net

AUGUST 31, 2023

First Hospitality, national hotel operations and development company, assumed management and operations of the Lively Hotel in Oklahoma City, further advancing the company’s growth into larger urban city destinations.

Operations 244

Operations Hospitality Hotels Management 244

Hospitality Net

DECEMBER 5, 2023

In an era of rising operational costs and sustained labor challenges, operational efficiency in hotel back offices has become paramount. Uncover simple steps to automating many aspects of a back office that will improve hotel operations, reduce costs, and decrease your hotel’s environmental footprint.

Operations 246

Operations Hotels 246

Hospitality Net

APRIL 30, 2024

Ladun Investment Company signed a partnership agreement with award-winning hospitality group, Cheval Collection featuring numerous contracts for the construction and operation of Cheval Ladun Living - a tower featuring luxury hotel apartments situated on King Fahd Road (near King Abdullah Financial Center) in Riyadh.

Construction 246

Construction Operations Hospitality Hotels 246

Hospitality Net

MARCH 19, 2024

In the fiercely competitive hospitality industry, the advent of mobile technology has emerged as a pivotal force, driving unprecedented efficiencies and reshaping workforce management and operations.

Operations 130

Operations Hospitality Hotels Management 130

Hospitality Net

NOVEMBER 20, 2023

Undoubtedly, AI can improve restaurant operations. A new wave of industrial revolution is here AI (artificial intelligence) will change everything we do.

Operations 244

Operations 244

Hospitality Net

MARCH 12, 2024

From boutique properties to large management groups, streamlining operations while ensuring guest satisfaction remains a balancing act. Hotel workflows for properties specializing in group sales can be challenging to manage all the intricacies of bookings and onsite events.

Operations 189

Operations Events Sales Hotels 189

Hospitality Net

APRIL 10, 2024

Actabl, the leading hospitality software company dedicated to empowering hotels with actionable insights to drive profit, today announced an optimized alliance with M3, the pioneer and leading provider of financial and operational management solutions for the hospitality industry.

Operations 183

Operations Hospitality Management Hotels 183

Hospitality Net

DECEMBER 15, 2023

As digitization in the hospitality industry is a fundamental part of the value chain, this year’s global study has a special focus on digital hotel operations in the area of the guest journey and is based on feedback from 84 unique hotel chains representing more than 2 million rooms worldwide.

Operations 202

Operations Hotels Hospitality 202

Hospitality Net

FEBRUARY 5, 2024

In the dynamic hotel sector, operational effectiveness is paramount. Thus, at its core, this combination of process optimization and operational excellence becomes essential in staying competitive and offering excellent service. Maintaining competitiveness and providing top-notch service requires utilizing data-driven initiatives.

Operations 188

Operations Services Hotels 188

Hospitality Net

JANUARY 8, 2024

Thanks to technology, today’s hotel operators are breaking down departmental barriers and adopting a centralized database approach to have a game-changing impact on efficiency. This technology becomes even more transformative when coupled with two-way text messaging between hotel staff and guests.

Operations 243

Operations Hotels Management 243

Hospitality Net

JUNE 6, 2023

the world’s water, hygiene and infection prevention company that protects people and the resources vital to life, today announced the acquisition of the Brand Operations Services business from Deloitte. Ecolab Inc.,

Services 261

Services Operations Business Branding 261

Hospitality Net

AUGUST 27, 2023

One way to achieve this is by outsourcing your contact center operations to a reliable third-party service provider. Outsourcing your contact center operations can provide several advantages to your business, including cost savings, enhanced service quality, scalability, the ability to go omnichannel, and reduce tech complexity.

Operations 189

Operations Services Business 189

Hospitality Net

SEPTEMBER 26, 2023

Officials of Island Hospitality Management, the premier third-party management company for select-service and upscale, extended-stay hotels, announced that the company has been named the operator of the 114-room Springhill Suites Truckee.

Hospitality Management 264

Hospitality Management Operations Management Hospitality 264

Hospitality Net

JULY 24, 2023

NASDAQ: SOND; "Sonder"), a leading next-generation hospitality company that is redefining the guest experience through technology and design, has partnered with Kalimian Equities to manage and operate the newly constructed property at 139 Orchard as The Merchant. Sonder Holdings Inc.

Operations 245

Operations Management Construction Hospitality 245

Hospitality Net

APRIL 30, 2024

Trilogy Hotels and Panthers Group have signed a milestone management agreement where Trilogy Hotels will oversee operations for the five-star Pullman Sydney Penrith.

Operations 130

Operations Hotels Management 130

Hospitality Net

FEBRUARY 13, 2024

Invisible to guests at this AAA 4 Diamond oceanfront property is how efficiently the hotel’s finance team is operating thanks to the addition of two software solutions from Aptech: PVNG Enterprise Accounting and Targetvue Budgeting & Forecasting.

Operations 241

Operations Forecasting Accommodation Management 241

Hospitality Net

SEPTEMBER 14, 2023

WorldVue®, the trusted provider of video, digital infrastructure, wireless connectivity, and professional services to guest-centric properties worldwide, is proud to announce the appointment of Julian Daniel to Vice President Operations, EMEA.

Operations 263

Operations Services 263

Hospitality Net

MARCH 26, 2024

The Lindner Hotel Group (LHG) takes over the operation of five hotels previously managed by the 12.18. Group (12.18.). LHG’s portfolio will grow from two to four brands. will focus on real estate activities. Both companies consider the merger to be another milestone in their respective growth strategies.

Operations 130

Operations Real Estate Hotels Branding 130

Hospitality Net

APRIL 24, 2024

With close to 50 hotels in the pipeline, IHG® Hotels & Resorts, one of the world’s leading hotel companies, will double its operating portfolio in India in next 5 years.

Operations 185

Operations Resorts Closing Pipeline 185

Hospitality Net

JUNE 22, 2023

Officials of MMI Hotel Group (MMI), a leading operator of core, lifestyle and destination resorts and hotels located primarily in the Southeast United States, today announced the company has been selected to operate Fontana Village Resort & Marina in Fontana Dam, N.C.

Operations 264

Operations Resorts Hotels 264

Hospitality Net

MAY 18, 2023

David Duncan, president and CEO of First Hospitality, announces that the national hotel operating and development company has added the Holiday Inn Express Milwaukee West to its growing national management portfolio.

Operations 241

Operations Hospitality Management Hotels 241

Hospitality Net

JULY 20, 2023

Written with sincerity and sharply designed, the report offers comprehensive analysis of key sustainability issues and the company’s approach to them over the past year.

Operations 188

Operations Hospitality 188

Hospitality Net

APRIL 10, 2024

In a recent webinar by Bookboost and its partners, industry experts delved into the transformative power of data, personalisation, and automation in the hospitality sector. The session provided interesting insights into how hotels can leverage technology to improve efficiency, guest satisfaction, and profitability.

Operations 249

Operations Hotels Hospitality 249

Hospitality Net

MARCH 15, 2024

In the competitive hospitality industry, the value of a brand partnership extends far beyond mere association. Hotel owners increasingly recognize the importance of enhancing guest satisfaction and operational efficiency and ensuring these critical elements are intricately woven into the financial fabric of their brand agreements.

Operations 242

Operations Branding Hospitality Hotels 242

Hospitality Net

AUGUST 27, 2023

Whether you’re looking to improve your existing contact center or set up a new operation, these best practices and tips will guide you toward success. A well-managed contact center is essential for delivering exceptional customer service and maintaining customer satisfaction.

Operations 185

Operations Services Management 185

Hospitality Net

FEBRUARY 7, 2024

In recent weeks, I had the unique opportunity to delve into current dynamics in the world of hotel operations and investments through participation in panels at the Cayuga Hospitality Consultants annual meeting and the BizNow Hospitality Summit in Chicago.

Operations 185

Operations Hotels Hospitality 185

Hospitality Net

AUGUST 17, 2023

Hotelogix, a globally leading cloud-based hospitality technology provider, said that Lakeside Motel in Wisconsin Dells, United States, has adopted its Cloud Hotel Property Management System (Hotel PMS) to automate and streamline daily operations while reducing software ownership costs.

Motels 246

Motels Operations Hospitality Management 246

Hospitality Net

FEBRUARY 23, 2024

The hospitality industry stands at a pivotal moment, defined by rapid technological advancements and evolving market dynamics. The age-old practices of labor management, once the cornerstone of hotel operations, now fall short in meeting the demands of a fast-paced world.

Operations 187

Operations Hotels Market Marketing 187

Hospitality Net

JUNE 6, 2023

is delighted to announce the integration of xnPOS to Craftable, the profit management software for hospitality operators. This partnership brings together two powerful best-of-breed food & beverage applications to help hoteliers optimize their business operations and increase profits.

Operations 240

Operations Sales Hotels Business 240

Hospitality Net

MAY 4, 2023

Singapore, 04/05/23: Hotelogix, a globally leading cloud-based hospitality technology provider, said that Africa’s The Paradise and Wilderness Group has adopted its multi-property management system to gain centralised control over group operations. All 21 properties operating across Tanzania and Zanzibar are running on Hotelogix.

Operations 246

Operations Hospitality Management 246

Hospitality Net

APRIL 13, 2023

Mews, a leader in hospitality technology and cloud-based property management systems (PMS), today is announcing the acquisition of Hotello, the Montreal-headquartered cloud PMS solution for hotel properties. Terms of the acquisition were not disclosed.

Operations 242

Operations Market Marketing Hospitality 242

Hospitality Net

FEBRUARY 13, 2024

Shiji, the global hospitality technology innovator, proudly announces the seamless integration of Shiji ReviewPro data into its PMS dashboards. This initiative aims to streamline operations for hotel teams, recognizing the pivotal role of the front desk in shaping guests’ first impressions and overall experiences.

Operations 189

Operations Hospitality Hotels 189

Hospitality Net

FEBRUARY 24, 2024

Hotel technology specialist SHR Group is proud to announce the launch of a Digital Marketing Academy specifically designed for the esteemed Future Leaders Programme run by Co-operation Ireland.

Digital Marketing 198

Digital Marketing Operations Market Marketing 198