GCommerce Partners With Jonas Chorum as Its Preferred Metasearch Provider
Jonas Chorum | April 17, 2024
Last 30 Days
Hilton Reports First Quarter Results
Hilton | April 26, 2024
MCLEAN, VA - Hilton Worldwide Holdings Inc. ("Hilton," "the Company," "we," "us" or "our") (NYSE: HLT) today reported its first quarter 2024 results. Highlights include: Diluted EPS was $1.04 for the first quarter, and diluted EPS, adjusted for special items, was $1.53 Net income was $268 million for the first quarter Adjusted EBITDA was $750 million for the first quarter System-wide comparable RevPAR increased 2.0 percent, on a currency neutral basis, for the first quarter compared to the same period in 2023 Approved 29,800 new rooms for development during the first quarter, bringing Hilton's development pipeline to a record...
Botanic Sanctuary Antwerp Welcomes Christian Hirt as New Managing Director
Botanic Sanctuary Antwerp | April 26, 2024
Botanic Sanctuary Antwerp is delighted to announce the appointment of Christian Hirt as Managing Director. Christian brings a wealth of experience with him, having had an impressive career at prominent luxury hotels around the world, including the United States, Germany, Russia, Turkey, Australia, and most recently Qatar, where he led two renowned hotels, the Raffles and the Fairmont in Doha. With his expertise spanning all areas of hospitality, Christian is determined to cement the hotel’s position as one of the most unique luxury hotels in Europe. "I'm thrilled to be moving to Antwerp, a dynamic, vibrant city celebrated for its gastro...
Betsy Mujica Promoted to General Manager for Condado Ocean Club
CONDADO OCEAN CLUB | April 26, 2024
Mujica has been appointed as first female general manager with The Condado Collection in San Juan, Puerto Rico SAN JUAN, PR (April 26, 2024) – Condado Ocean Club, the only adults-only boutique hotel located on the oceanfront in San Juan, Puerto Rico, is pleased to announce the appointment of Betsy Mujica as General Manager. A native of Puerto Rico, Betsy has remained an asset to the Condado Ocean Club team since October 2020, where she previously held the role of Director of Sales. In this new management role, Mujica will oversee the property’s day-to-day operations, sales, and marketing and will continue to use her innovative vision an...
Waldorf Astoria Chicago Appoints Ashley Ochse as New Director of Sales and Marketing
Hilton | April 26, 2024
CHICAGO (April 26, 2024) – Waldorf Astoria Chicago proudly introduces Ashley Ochse as the newly appointed Director of Sales & Marketing. With over two decades of experience in the hospitality industry, Ochse emerges as an esteemed leader renowned for her unwavering commitment to client satisfaction and revenue maximization. With a steadfast dedication to delivering unparalleled service and creating lasting experiences for guests, Ochse is primed to lead the sales team in driving revenue and further enhancing the hotel's esteemed reputation as a premier luxury destination in the heart of Chicago. Having previously served as the Di...
ITA Data Release: February 2024 International Inbound Visitor Spending
National Travel and Tourism Office | April 26, 2024
Data recently released by the National Travel and Tourism Office (NTTO) show that in February 2024: International visitors spent more during the month of February 2024 than during any other February recorded since the United States started measuring these exports in 1960; indeed, international visitors spent a record-setting $20.4 billion on travel to, and tourism-related activities within, the United States during February, an increase of more than 25 percent compared to February 2023 and the highest level of monthly spending for any February recorded. In fact, monthly U.S. travel and tourism exports are within $436 million of their hi...
AAHOA Rebrands and Repositions Its Leading Event Series as Hotel Owners Conferences & Trade Shows
AAHOA | April 26, 2024
ATLANTA, Ga., April 26 – In a landmark move, the Asian American Hotel Owners Association (AAHOA) is proud to announce the rebranding and repositioning of its leading event series, Regional Conferences & Trade Shows, to resonate more with member needs and the association’s ongoing evolution. These nationwide conferences, now known as Hotel Owners Conferences & Trade Shows, mark a historic moment in AAHOA’s journey toward redefining the standard for hospitality events and underscoring AAHOA’s role in the industry as the only organization representing and exclusively dedicated to serving the needs of hotel owners. The redef...
The Impact of Airbnb Short-Term Rentals on Rural and Urban Communities
Andrew Brenner | April 25, 2024
By Andrew Brenner In less than two decades, short-term rentals have thoroughly transformed the hospitality industry, wresting 15% market share from hotels. From a feel-good pioneer of the sharing economy to a $100bn behemoth, Airbed and Breakfast, better known as Airbnb, has revolutionized hospitality from its beginnings in 2007 — creating a whole new market in the process. But what happens to a community when Airbnb comes to town? In this second article of our three-part series, we take a deep dive into the impact of STRs, in particular Airbnb, and how communities are reacting. Paris moves to regulate STRs In the beginning, STRs were...
U.S. Hotel Performance Showed Mixed Results for Week Ending 20 April
CoStar Group | April 25, 2024
WASHINGTON – 25 April 2024 – U.S. hotel performance showed mixed results from the previous week, according to CoStar’s latest data through 20 April. CoStar is a leading provider of online real estate marketplaces, information and analytics in the property markets. 14-20 April 2024 (percentage change from comparable week in 2023): Occupancy: 66.8% (-0.3%) Average daily rate (ADR): US$158.60 (+1.5%) Revenue per available room (RevPAR): US$105.94 (+1.2%) Among the Top 25 Markets, Philadelphia reported the largest year-over-year increases in occupancy (+14.3% to 72.1%) and RevPAR (+23.2% to US$114.11). Washington,...