Move Over COVID, the Business Travel Industry Tackles New Considerations on Its Continued Road to Recovery
GBTA | June 23, 2022
Business travel’s return remains strong, while emerging issues challenge accelerated recovery and companies empower employee travel based on COVID comfort levels, according to the latest research poll from GBTA Alexandria, VA – There’s more on the minds of the business travel industry these days beyond COVID-19 when it comes to the sector’s continued recovery. The return of global business travel remains strong – this month a majority of global travel managers surveyed report their companies are allowing domestic and international employee travel, and travel suppliers continue to cite increased travel bookings from their corp...
Carillon Miami Wellness Resort Improves Speed of Service and Increases Revenue With Beachy’s 5G Mobile POS Solution
Beachy | June 23, 2022
The luxury wellness resort has seen an increase in F&B ticket size and staff earnings after deploying Beachy. Miramar Beach, Fla. (June 23, 2022) – Beachy, a leading provider of next-generation solutions and services for the country’s leading resorts, today announced that Carillon Miami Wellness Resort has successfully deployed its innovative mobile point-of-sale (POS) solution in the property’s expansive pool and beach areas. Beachy’s unique solution supported by 5G cellular networks allows the Carillon team to provide seamless food and beverage (F&B) service at the farthest reaches of the resort. “Our guests come to...
STR: U.S. Hotel Results for Week Ending 18 June
STR | June 23, 2022
HENDERSONVILLE, Tennessee—U.S. hotel revenue per available room (RevPAR) reached an all-time weekly high on a nominal and inflation-adjusted basis, according to STR‘s latest data through 18 June. 12-18 June 2022 (percentage change from comparable week in 2019*): Occupancy: 71.8% (-4.8%) Average daily rate (ADR): US$155.02 (+14.9%) Revenue per available room (RevPAR): US$111.29 (+9.4%) The occupancy level was the highest of the pandemic-era thanks to the country’s highest weekly demand (28 million room nights sold) since August 2019. While occupancy was up, the occupancy comparison with 2019 softened slightly from the w...
Hard Rock Partners With GEK TERNA Group to Develop Hard Rock Hotel & Casino Athens
June 23, 2022
ATHENS, Greece, June 23, 2022 -- Hard Rock International and GEK TERNA Group held a special event in Athens yesterday signaling the official start of their partnership for the construction and operation of an integrated resort and casino, located in the iconic area of the Athens Riviera, within the context of "The Ellinikon" development. Hard Rock Hotel & Casino Athens, which is set to open in 2026, will be a unique destination in Europe, combining a 5-Star luxury hotel, a world class gaming floor, a premier meeting and convention space, a state-of-the-art entertainment venue, internationally renowned food and beverage, luxurious ...
Dynamic City Capital Acquires Anaheim Portofino Inn & Suites, Anaheim, California
Dynamic City Capital | June 23, 2022
PROVO, Utah, June 23, 2022 -- Dynamic City Capital (DCC), a Utah-based real-estate investment firm focused on hotel investments in prime markets, announced the acquisition of the Anaheim Portofino Inn & Suites (Anaheim Portofino). The Anaheim Portofino is one of the top-producing independent hotels near the Disneyland® Resort and the Anaheim Convention Center. "The acquisition of the Anaheim Portofino was an exceptional opportunity to expand our presence in the Anaheim Market," commented Ryan Phelps, DCC's Chief Investment Officer. "The hotel is ideally located for patrons to take advantage of...
Wag! Survey Reveals 94% of Travelers Would Trade In Favorite Hotel Amenities for Pet-Friendly Accommodations
Wag! | June 23, 2022
SAN FRANCISCO, June 23, 2022 -- As peak summer travel season approaches, Wag!, the #1 mobile-first platform that connects pet parents with professional pet caregivers for boarding, sitting, walking, and drop-ins, surveyed pet parents nationwide to understand the obstacles they face when traveling with their four-legged family members. Between transit restrictions, hotel limitations, and narrowed dining options, there is stress abound for pet parents planning a trip. Wag! polled 1,002 respondents and found that 70% of frequent travelers almost always seek out pet-friendly hotels, and 94% would trade away at least one...
Life House to Reopen and Steward The Historic Inn on Ferry Street in Midtown Detroit
Cloudland Capital | June 23, 2022
DETROIT--The Inn on Ferry Street, a unique collection of Victorian mansions in Midtown Detroit and a member of the Historic Hotels of America, is reopening to guests under new ownership and management. The 33-key inn is comprised of five buildings, including four restored Victorian homes and one carriage house located in the East Ferry Street Historic District, a nationally recognized neighborhood that stretches between Woodward Avenue and Beaubien. It was developed into a hotel by Midtown Detroit Inc, a non-profit focused on supporting and enhancing community and economic development in the area, who managed the property for the past twenty ...
Will Travel Defy Inflation?
Mandeep S. Lamba | June 23, 2022
By Mandeep S. Lamba, Dipti Mohan Inflation is soaring in many countries due to a combination of factors such as rising fuel prices, ongoing supply disruptions, strong demand, and the Russia-Ukraine war. While the central banks around the world are raising benchmark interest rates to try to control the situation, inflation is likely to remain high in the near term. For instance, the US recorded four-decade-high inflation in May 2022, prompting the Federal Reserve to raise interest rates by 75 basis points (bps), the largest rate increase since 1994. A similar pattern can be seen in the UK and several other countries. India, also, recently r...
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Today's News
Move Over COVID, the Business Travel Industry Tackles New Considerations on Its Continued Road to Recovery
Carillon Miami Wellness Resort Improves Speed of Service and Increases Revenue With Beachy’s 5G Mobile POS Solution
STR: U.S. Hotel Results for Week Ending 18 June
Hard Rock Partners With GEK TERNA Group to Develop Hard Rock Hotel & Casino Athens
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