HITEC 2021 – A Resounding Success
Ron Strecker | October 18, 2021
By Ron Strecker I have spent this past weekend “decompressing” from HITEC 2021. This has included reviewing my session notes, updating my contact information for old friends in new jobs, and adding new contacts for all my new connections. For me, this was one of my most successful HITECs when measured by the number of changes I observed. The lower attendance did have the side benefit of allowing me to spend more valuable time in one-to-one conversations with our vendor partners. Reflecting on the week, my experiences fall in three categories: reconnecting with long-time friends, connecting with new friends, and the need for follow-u...
AHLA Statement on White House Travel Announcement
AHLA | October 18, 2021
WASHINGTON – October 18, 2021 – American Hotel & Lodging Association (AHLA) President and CEO Chip Rogers released the below statement following a White House announcement that it will lift travel restrictions for foreign visitors who are fully vaccinated against COVID-19 beginning Nov. 8. “Hotels have kept travelers and employees safe as a result of our industry’s rigorous health and safety protocols, and we continue to encourage our workforce, guests and all Americans to get vaccinated. We applaud President Biden’s move to reopen America’s doors to international, fully vaccinated visitors from around the globe. It’s a ...
Brazil Hotels Recovering ADR Much Faster Than Occupancy
STR | October 18, 2021
After a difficult winter, Brazil’s hotel occupancy is once again on the rise, reaching 44% in August 2021, or about 74% of the 2019 comparable. While occupancy recovery has been slow, the country’s rebound in average daily rate (ADR) has been strong, with monthly rates even exceeding 2019 levels earlier this year. August ADR reached BRL295.05, which was just 3.4% below 2019, as shifts in demand and supply have helped drive impressive ADR performance. Domestic demand With international travel difficult at best, impossible at worst, Brazil’s hoteliers have relied almost entirely on domestic demand. This has led to strong p...
Europe and Asia Pacific Show Increased Hotel Pipeline Activity
STR | October 18, 2021
LONDON — October 18, 2021 — Two of the four world regions, Europe and Asia Pacific, showed an increase in hotel pipeline activity at the end of the third quarter, according to September 2021 data from STR. September 2021 (% changes in comparison with September 2020) Europe In Construction: 230,265 rooms (+6.6%) Final Planning: 171,988 rooms (+5.9%) Planning: 148,565 rooms (-4.8%) Total Under Contract: 550,818 (+3.1%) Germany (46,494) and the U.K. (35,196) lead Europe in total rooms in construction. Asia Pacific In Construction: 478,193 rooms (0.0%) Final Planning: 178,195 rooms (+5.3%) ...
The Leela Palaces, Hotels, and Resorts Open Leela Bhartiya City Bengaluru, Hotel Convention Centre, and Private Residences
The Leela Palaces, Hotels and Resorts: | October 18, 2021
BENGALURU, India – October 18, 2021 – The Leela Palaces, Hotels, and Resorts announced the opening of their second hotel in the Garden City, The Leela Bhartiya City Bengaluru. Nestled amidst the pristine environs of Bhartiya City, one of India's largest integrated smart cities, spread across 125 acres, the hotel exudes modern luxury and sophistication. Strategically located on Thanisandra Road, just at a 30-minute drive from the International Airport, the hotel also provides easy access to the MG Road and Outer Ring Road connecting the IT corridors of Bengaluru and some of the city's most iconic locations. A part of the immaculately d...
The Athens Group and MSD Partners Acquire Naples Beach Hotel & Golf Club
The Athens Group | October 18, 2021
NAPLES, Fla., Oct. 18, 2021 /PRNewswire/ -- The Athens Group and MSD Partners, L.P. announced today that they have acquired the legendary former Naples Beach Hotel & Golf Club, set on 1,000 feet of white-sand beach in iconic Old Naples. Athens and MSD will be redeveloping the site into the Naples Beach Club, a 125-acre resort and residential beachfront development offering a one-of-a-kind, luxury lifestyle destination to residents, members, and guests. This special coastal community will include a 216-room hotel managed by leading luxury hospitality company Four Seasons Hotels and Resorts, up to 185 luxury residences and unparalleled c...
Presidio Companies Opens Hyatt Centric Downtown Sacramento
Hyatt Centric | October 18, 2021
SACRAMENTO, CA – October 18, 2021 – Hyatt and Presidio Companies announced today the opening of Hyatt Centric Downtown Sacramento, a new lifestyle hotel designed for travelers with an adventurous spirit looking for an experience in the heart of the action. The property is owned by Presidio Companies and managed by Evolution Hospitality, the lifestyle operating division of Aimbridge Hospitality. Hyatt Centric Downtown Sacramento, located in the heart of the city, provides a launchpad for travelers to discover all that Sacramento has to offer including historical landmarks, an eclectic dining scene, trendy shopping, vibrant nightlife, a...
Residence Inn by Marriott Debuts in Playa del Carmen
Residence Inn by Marriott | October 18, 2021
SOLIDARIDAD, QUINTANA ROO — October 18, 2021 — Residence Inn by Marriott Playa del Carmen has officially opened its doors, with a prime location on the Federal Highway Cancun, Chetumal, and close proximity to world-renowned beaches and breathtaking views. With a global presence of over 860 hotels in the United States, Canada, Europe, the Middle East and Central America, Residence Inn is the world leader of the longer stay lodging segment, arriving for the first time in Playa del Carmen. The hotel also marks the arrival of the third Residence Inn in Mexico, debuting at a time when guests are looking for alternative lodging options to a ...
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Today's News
HITEC 2021 – A Resounding Success
AHLA Statement on White House Travel Announcement
Brazil Hotels Recovering ADR Much Faster Than Occupancy
Europe and Asia Pacific Show Increased Hotel Pipeline Activity
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