CBRE Expects RevPAR Growth to Improve in H2 2024, Driven by Holiday and International Travel
CBRE Group, Inc. | May 16th, 2024
Marriott International Celebrates the 2024 J. Willard Marriott Awards of Excellence Honorees
Marriott International | May 16th, 2024
News Archive: May
Junk Fees Are Banned in California as of July 1, 2024! What Does the California Junk Fee Law (SB 478) Mean?
Mark Adams | May 13, 2024
By Mark Adams California businesses brace for Senate Bill 478‘s impact. SB 478 was signed by Governor Newsom in October 2023 and became effective July 1, 2024. It cracks down on hidden fees, often referred to as “junk fees” and “drip pricing” (because the full cost is only disclosed drip by drip). It will likely change how businesses approach pricing strategies. Many say it is part of a nationwide response to President Joe Biden’s call to eliminate Junk Fees. What’s in a name? SB 478 or California Junk Fee Law? The confusion starts with how to reference the new law. Many refer to it by the Senate Bill number assigned w...
SSG Hotels Breaks Ground on New Staybridge Suites by IHG in Greenwood, IN
SSG Hotels | May 7, 2024
Greenwood, IN — [5.7.24] — SSG Hotels, a leading hospitality management company, is thrilled to announce the groundbreaking of its newest project: an 86 room Staybridge Suites by IHG in Greenwood, IN. This marks the company's second Staybridge Suites endeavor, promising to combine the latest prototype with locally inspired aesthetics for an unparalleled guest experience. About the Property: Staybridge Suites is an all-suite extended stay hotel that provides elevated residential experience with hotel amenities including complimentary breakfast buffet, light bites & happy hour, pool, fitness center, outdoor patio area, and business�...
Q1 2024 Major U.S. Hotel Sales Survey
Daniel Lesser | May 2, 2024
By Daniel H. Lesser While the U.S. economy continues to expand and is currently a major driver of global growth, inflation has recently ticked up after falling considerably from a peak of 9.1% nearly two years ago. Many now perceive that in the near term, the U.S. Federal Reserve will not reduce borrowing costs, and some anticipate a resumption of raising rates by early 2025. Unless a severe economic downturn occurs, interest rates are likely to remain relatively elevated for an extended period. A tight labor market and strong household net worth have led to remarkable resilience in U.S. consumer spending as Americans continue to enjoy...
The St. Regis Longboat Key Resort Set for Summer 2024 Opening on Florida’s Gulf Coast
St. Regis Hotels & Resorts | May 9, 2024
LONGBOAT KEY, FL (May 9, 2024) - St. Regis Hotels & Resorts has officially announced that reservations are open for the highly anticipated opening of The St. Regis Longboat Key Resort, a beachfront oasis slated to open in Summer 2024. Developed by Unicorp and meticulously designed by SB Architects, Hirsch Bedner Associates (HBA Miami) and Dutch East Design, Longboat Key marks the only St. Regis opening in the U.S. in 2024, setting the tone for the brand’s expanding resort portfolio, known for redefining the best addresses around the world. Nestled on Sarasota’s most coveted barrier island, just beyond the city’s charming downtown, ...
Comstock Celebrates Topping Out of Virginia’s First JW Marriott Hotel and Residences
Comstock | May 13, 2024
Distinguished Guests Gather at Reston Station to Celebrate Major Milestone RESTON, Va.--Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock”), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region announced the celebration of the topping out of Virginia’s first-ever JW Marriott Hotel and Residences on Wednesday, May 8th. The event, held on-site at 1800 Reston Row Plaza, commemorated the significant progress that has been made on the development of The Row at Reston Station. The JW Marriott Hotel and Residences will offer upscale accommodations and resid...
Mountain View Grand Resort & Spa Debuts Multimillion-Dollar Renovation
MOUNTAIN VIEW GRAND RESORT & SPA | May 9, 2024
Whitefield, NH — Mountain View Grand Resort & Spa, a charming retreat nestled amid the picturesque peaks of New Hampshire’s famed White Mountains, has completed a multimillion-dollar renovation that redefines the resort experience. Blending thoughtful enhancements to the lobby, guest rooms, and restaurants with meticulous preservation of historical details and classic architectural elements, it’s a transformation that will carry Mountain View Grand into the future while honoring its cherished heritage. The elegant refresh also extends beyond physical improvements, with a new Tower Spa menu and wellness offerings, family-friendly p...
Sustainability Done Right with a Las Vegas Resort
Adam and Larry Mogelonsky | May 1, 2024
By Adam and Larry Mogelonsky Climate change is now at the forefront of people’s minds, while travel is continually cited as a major (and significantly, a discretionary) contributor to total carbon emissions. As such, every hotel brand needs a clear plan and must also be increasingly transparent about what’s been done to date to win hearts and minds. But every plan relies upon leadership, and with customer sentiment slowly shifting more and more towards ESG values (especially amongst the younger generations), this presents a clear case for carving out a sustainability role for every hotel. Of all the places to learn about how to succ...
Marina Inn at Grande Dunes Launches New Website
Marina Inn at Grande Dunes | May 15, 2024
Myrtle Beach, SC – May 15, 2024 – Marina Inn at Grande Dunes is excited to announce the launch of our newly redesigned website, now live at https://marinainnatgrandedunes.com. The revamped site offers a fresh, user-friendly design that perfectly captures the elegance and sophistication of our premier resort destination. Enhanced User Experience and Design Our new website showcases a modern, intuitive layout that enhances user experience, making it easier for guests to explore our world-class amenities, accommodations, and services. The site features stunning visuals, detailed information about our offerings, and seamless navigation ...