Global Hotel Performance Moderates With Summer’s Close
HotStats | October 28th, 2021
Nobody Asked Me, But… No. 256: Hotel History: Severin Hotel Indianapolis, Indiana
Stanley Turkel | October 27th, 2021
News Archive: October 2021
LTI Announces the World’s Best Luxury Hotel Brands 2021
LTI – Luxury Travel Intelligence | October 15, 2021
October 15, 2021 – Welcome to our annual World’s Best Luxury Hotel Brands report. This is not just another World's Best list. LTI – Luxury Travel Intelligence - has taken the past 12 months to apply the perfect assessment process: a rigorously defined algorithm that measures the performance and values of luxury hotel brands. This year, our algorithm has 131 touch points relevant to the luxury hotel sector. Each has its own weighted score value with a total maximum accumulative score of 4736. The touchpoints relate to overall brand performance, rather than the performance of individual properties. It is all about a brand’s abi...
2022 Hospitality Industry Forecast
Robert Rauch | October 7, 2021
By Bob Rauch Note: last month, we started using a debate platform to ask readers about their thoughts on a subject, so we ask this question above that can be answered from the sided.co debate platform. 2022 – A Magical Year or More Misery? That’s easy – our hospitality forecast says the bumpy ride is coming to an end. We should assume 6 more months; October through March might remain uneven or bumpy. Why? Because business travel is not back and group business is just starting to book going forward. International travel will likely return in April, 2022 when we should be back to 2019 numbers. The 2022 hospitality forec...
Q3 2021 Major U.S. Hotel Sales Survey
Daniel Lesser | October 14, 2021
By Daniel Lesser The U.S. economy is expected to grow roughly six percent for the year, however with one quarter to go in 2021, this year has done its best to be as tumultuous and volatile as the last. It feels like we’ve been on this road for a while, with the same kinds of bumps to navigate including COVID, deepening supply chain issues, higher energy prices, a recent cutback in consumer spending, and the scarcity of materials. What everyone had hoped would be a more normalized environment has turned out to be anything but that. After a rapid rebound in U.S. economic growth during Q2 2021, news of the fast-spreading Delta coronaviru...
In the Battle for Recovery, Choice Is KING!
Michael Heflin | October 20, 2021
By Michael Heflin Although we appear to be moving past the worst of the COVID-19 pandemic, the hospitality market seems to be recovering by fits and starts. By July 2021 for example, Daily TSA Passenger Throughput 一 a common proxy to measure travel volume 一 reached approximately 80% of pre-pandemic levels. While customers are eager to get back to traveling, they are still significantly concerned about their health and safety, and what travel in this “new normal” will look and feel like. Of course, different market segments continue to express different risk tolerances, different goals for travel, and different perceptions of the...
Lately, Hotels Seem to Be Falling Short on the People Parts
Doug Kennedy | October 7, 2021
By Doug Kennedy At the time of this writing, I’m on a plane ride back from attending four lodging industry conferences in 10 days, which caused me to be staying at four different large, branded hotels in Minneapolis, Dallas and San Antonio, all of which were close to the convention centers. While all of the staff I encountered were polite and efficient, their service style was overall reactive and not proactive. Notably absent were some core essentials of hotel hospitality excellence that used to be part of “Hotel 101” orientation. Much has been written about the challenges of finding qualified staff, but in each encounter, ther...
Rosewood Vienna Announces Key Appointments to Leadership Team
Rosewood Hotels & Resorts | October 21, 2021
October 21, 2021 – Rosewood Vienna, the ultra-luxury hotel set to open in 2022 in one of Europe’s most vibrant and historic cities, is thrilled to announce the appointment of key leadership team executives including that of Alexander Lahmer as managing director and Vedad Bakovic as director of sales and marketing. Alexander and Vedad will be integral to the launch of the new property, which will mark Rosewood’s first in Austria and fifth in Europe as a testament to the brand’s impressive growth in the region and worldwide. As managing director, Alexander is responsible for overseeing all aspects of the new hotel in prep...
New Hotel to Rise in Los Angeles’ Miracle Mile
CGI+ Real Estate Investment Strategies | October 19, 2021
The transit-oriented development will bring first institutional-quality hotel to the area Woodland Hills, CA (October 19, 2021) -- CGI+ Real Estate Strategies has received full entitlements and will begin development on a major hotel/multifamily/retail multi-use project at the intersection of Wilshire Boulevard and La Brea Avenue in Los Angeles’s Miracle Mile District. The transit-oriented development at 639 S. La Brea, which takes up nearly half a city block along the west side of La Brea, is immediately adjacent to Metro’s Wilshire/La Brea subway station now under construction. The eight-story development is the result of nearly...
Hilton Signs With Baron Nathiagali for DoubleTree by Hilton Nathiagali, Pakistan
DoubleTree by Hilton | October 20, 2021
ISLAMABAD, Pakistan – October 20 2021 – Hilton (NYSE: HLT) today announced the signing of an agreement with Baron Nathiagali (Pvt) Limited to open the upscale DoubleTree by Hilton Nathiagali. Located in the picturesque Galiyat mountain resort town of Nathiagali and approximately 85 kilometres from Islamabad, the new-build hotel is expected to open in 2025. Carlos Khneisser, vice president, development, Middle East & Africa, Hilton, said: “Nathiagali is a well-known destination in Pakistan, renowned for its beautiful mountains and pine forests – an area of significant natural beauty with great potential for future tourism. ...
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