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
Marriott, Hilton, and IHG Account for 67% of U.S. Construction Pipeline Projects
Lodging Econometrics | April 28, 2022
April 28, 2022 – PORTSMOUTH, NH – In the recently released Q1 2022United States Construction Pipeline Trend Report from Lodging Econometrics (LE), the franchise companies with the largest U.S. construction pipelines at the end of 2022’s first quarter are Marriott International, with 1,359 projects/171,820 rooms, followed by Hilton Worldwide, with 1,287 projects/146,579 rooms, and InterContinental Hotels Group (IHG), with 785 projects/79,095 rooms. These three companies combined account for 67% of the projects and 66% of the rooms in the total U.S. construction pipeline. At the end of Q1'22, the franchise company with the most project...
Wyndham Hotels & Resorts Expands Presence With 4 New Hotels in Bangkok
Wyndham Hotels & Resorts | April 28, 2022
The four distinct brands under Wyndham’s portfolio – Wyndham, Wyndham Garden, Ramada Plaza by Wyndham, and Ramada by Wyndham make their collective debut in Bangkok. The range of curated brand concepts augurs well for profitability and will cater to diverse segments of the hospitality market in Thailand. SINGAPORE, 28 APRIL 2022 – Wyndham Hotels & Resorts, the world’s largest hotel franchisor with over 9,000 hotels across approximately 95 countries, and a leading provider of hotel management services, officially opens four new hotels in Thailand owned by Siamese Asset. All four hotels in Bangkok are signed und...
CoralTree Hospitality to Manage Four Additional Tavistock Hotels in Lake Nona, Orlando, Florida
CoralTree Hospitality | April 28, 2022
DENVER – April 28, 2022 – Tom Luersen, president of CoralTree Hospitality, today announced that the company is expanding its portfolio with Tavistock Development Company after the successful launch of the Lake Nona Wave Hotel, which opened in December 2021. CoralTree now also manages four of the development company’s Marriott branded properties in Lake Nona including a Courtyard, Residence Inn, SpringHill Suites and a new Aloft Hotel, which is scheduled to open in the fall of 2023. “It’s a great compliment when owners choose to expand their partnership with us,” said Luersen. “We’ve had a great relationship with Tavistock t...
John Pedlow Appointed Chief Operating Officer at Pacifica Hotels
Pacifica Hotels | April 28, 2022
Aliso Viejo, CA – April 28, 2022 – Pacifica Hotels, the largest owner and operator of independent, design-inspired hotels on the Pacific Coast, announces the appointment of John Pedlow as Chief Operating Officer. Pedlow brings over 25 years of operations and revenue experience to the Pacifica Hotels team, with his most recent role as SVP of Operations for Pacifica. Prior to that, he served as Vice President of Revenue, responsible for development and execution of commercial strategy, including the oversight of all revenue, marketing, and sales efforts. Today, he oversees all day-to-day operations and works closely with corporate r...
Zoox Selected as Official Data Manager for Rock in Rio 2022, With More Than 700,000 Fans Expected to Attend
Zoox Smart Data | April 28, 2022
The largest music festival in the world selected the global technology leader for its ability to collect data, strategically market to attendees, and enhance their event experience. ALPHARETTA, GA – APRIL 28, 2022 – Zoox Smart Data (“Zoox”), an international provider of technological solutions that harness big data to build customer profiles from existing Wi-Fi networks, today announced it has been selected as the official data manager for Rock in Rio 2022, considered the largest music festival in the world. The Zoox platform will enable Rock in Rio to learn more about its in-person and online attendees through high-level data col...
TAJ Hospitality Selects STS Cloud, Proposal Path, and e-Signature to Fuel the Growth and Development of Its Sales Team
TAJ Hospitality Management | April 28, 2022
The globally recognized hospitality brand is on a high-growth trajectory as they look to optimize its group business segment with a technology stack from SalesAndCatering.com MOUNT PLEASANT, SC – (April 28th, 2022) - TAJ Hospitality, a premier hotel brand with 40 years of experience and a beloved reputation for treating each hotel guest like family, has implemented STS Cloud, ProposalPath, and e-Signature across their entire portfolio of hotels. With the help of these integrated solutions from SalesAndCatering.com, TAJ Hospitality is positioned to enter a new phase of growth while empowering its properties with intuitive, user-friendly t...
Millennium Hotels and Resorts Launches M Social Decentraland
Millennium & Copthorne Hotels | April 27, 2022
Millennium Hotels and Resorts will be launching M Social Decentraland on 5 May 2022, making it the world’s first hospitality group to operate a hotel in the metaverse virtual world. Modeled on different M Social hotels around the world, the new hotel encapsulates M Social’s brand essence of being a trendsetting lifestyle and aims to be a place for all to gather and discover the virtual reality universe of Decentraland. Located near Genesis Plaza, at the heart of Decentraland, the latest hotel by Millennium Hotels and Resorts sits on prime digital land. Similar to its brick-and-mortar sister hotels, M Social Decentraland is positioned a...
Sonesta Invests in Four New York City Hotels Adding 918 Guestrooms
Sonesta | April 27, 2022
Newton, MA (April 27, 2022) – Sonesta International Hotels Corporation (Sonesta), one of the fastest-growing hotel companies in the U.S., today announced an investment in four boutique and lifestyle hotels in New York City. The hotels are all located in Midtown and were formerly known as The Benjamin, The Shelburne Hotel & Suites, the Gardens Suites Hotel and the Fifty Hotel & Suites. Each hotel will be rebranded under Sonesta’s portfolio of dynamic brands and operate as The Benjamin Royal Sonesta New York, The Shelburne Sonesta New York, The Gardens Sonesta ES Suites New York and The Fifty Sonesta Select New York. The hotel...
Using Soft Metrics to Guide Hotel Operations
Larry and Adam Mogelonsky | April 27, 2022
By Larry and Adam Mogelonsky There are some classic metrics that hotels use to benchmark performance – namely, RevPAR and ADR. If you’ve been reading our column, you’ll know that we are in favor of developing thoroughly connected tech stacks that will allow hotels to measure TRevPAR – total revenue per guest – in order to guide business intelligence and make better decisions about which customers to target. But with more granular operational data tied in, hotels can perhaps measure even more. These might be called ‘soft data’ or ‘soft metrics’ in years past, but now our industry’s systems are becoming advanced enough...
Holiday Inn Express Expands Presence in the UK With Opening of Holiday Inn Express Cambridge West – Cambourne
IHG Hotels & Resorts | April 27, 2022
IHG Hotels & Resorts, one of the world’s leading hotel groups, has opened its 146th Holiday Inn Express property in the United Kingdom, with the opening of Holiday Inn Express Cambridge West – Cambourne. The newly completed hotel is located between the city of Cambridge and Cambourne Business Park, allowing convenient accommodation options for both business travellers and tourists alike. The hotel, which has been designed with smart, savvy travellers in mind, offers a truly contemporary hotel experience. All 144 bedrooms feature the Holiday Inn Express Next Generation room design, aimed at enhancing guest experience and equipping...
Cloudbeds Earns Spot on Forbes’ List of America’s Best Startup Employers for Second Consecutive Year
Cloudbeds | April 27, 2022
Remote-first hospitality tech company proves company culture doesn’t have to be built in an office (SAN DIEGO) — Cloudbeds, the hospitality industry’s fastest-growing technology provider, announced it has been selected by Forbes as one of America’s Best Startup Employers of 2022. The annual list recognizes the top 500 companies in the United States based on employer reputation, employee satisfaction and growth. This is the remote-first company’s second consecutive year on the list. “Our number one responsibility as leaders is to build environments where people can be successful,” said Adam Harris, CEO and co-founder ...
Reduce Time and Increase Inventory Accuracy With Clear Sky Software’s Interface to Piazza Produce
Clear Sky Software | April 27, 2022
CHARLOTTE, North Carolina – April 27, 2022 – Clear Sky Software, Inc. ® announced today the release of a new software interface between the company’s food inventory control system, called Clear Sky FOOD and Piazza Produce & Specialty Foods ®. This interface is available immediately. With this new offering from Clear Sky Software, hospitality organizations have a complete, back-office food inventory management solution integrated with a major food distributor. Clear Sky FOOD helps users track food products from the point of purchase, through receiving and the ultimate transfer to kitchens, restaurants, banquets or any POS o...
The Healing Power of Trust
PolyU's School of Hotel and Tourism Management | April 27, 2022
In today’s globalized world, more and more hotel firms are expanding their business overseas. Yet success in the international arena may not translate into success at home, warn Dr. Alice H. Y. Hon and Mr. Emmanuel Gamor of the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University. With skilled managers from overseas paid 10 times more than local employees, frontline and service-oriented hotel workers are feeling increasingly disillusioned. With service standards falling, how can multinational hotel corporations build harmony between their local and overseas employees? The answer lies in trust, say the resear...
Think Simplicity Provides Cloud Communications Platform to the Watermark Hotel
Think Simplicity | April 27, 2022
New Virginia-based luxury residential suite hotel turns to Think Simplicity for its turnkey, versatile communication solution BONITA SPRINGS, Fla., April 27, 2022 — Think Simplicity, a cloud communication technology provider of all-inclusive voice and chat solutions for the hospitality industry, announced today that the Watermark Hotel in Tysons, Virginia selected Think Simplicity’s turnkey communication solution for its proven customer service and low monthly recurring costs. Think Simplicity provides cloud telecommunication innovations to help customers nationwide communicate freely and effortlessly, at a lower cost than tradition...
Teneo Hospitality Group Offers Hospitality Scholarship in Honor of Hospitality Industry Leader Anthony (Tony) Aslanian
Teneo Hospitality Group | April 27, 2022
In honor of the late Anthony (Tony) Aslanian, who passed away almost a year ago, Teneo Hospitality Group & the Aslanian family are offering a $5,000 scholarship to a current student participating in a 4-year hospitality program at any college or university within the United States. About Tony Tony Aslanian was a 38-year hospitality industry leader who had a deep passion for the industry. Tony’s passion was unyielding, and he carried himself with such a level of friendliness and authenticity that those that met Tony would never forget. Over the course of his career, he touched the hearts of many people with his mentorship, and educat...
Leveraging Mobile Technology to Combat 5 Common Hotel Operational Hiccups
Stayntouch | April 27, 2022
How mobile tech can streamline back-of-the-house operations while enhancing the guest experience By Priya Rajamani, VP of Implementation & Support | Stayntouch Efficient operations are the backbone of any well-run hotel and the foundation of an exceptional guest experience. While targeted marketing and digital personalization are important components of a successful guest journey, they accomplish little if the guest has to wait in a long line for check-in, sleep in a hastily-cleaned room, or call multiple times to receive room service. In this article, we’ll look at five common sticking points that plague hotel operations, and ex...
Kimpton Overland Atlanta Appoints Drew Kirkland as Executive Chef
Kimpton Hotels & Restaurants | April 27, 2022
ATLANTA (APRIL 2022) – The Kimpton Overland Atlanta, along with its two restaurants, APRON and The Rooftop at the Overland, are pleased to announce Drew Kirkland as its new executive chef. Originally from Tampa, FL, Chef Drew Kirkland’s love of cooking started at a young age. After working in kitchens for most of his young adult life, he attended the Florida Culinary Institute in West Palm Beach to hone his skills before heading to West Palm Beach’s PGA National Resort & Spa in 2001. In 2003, he moved to Atlanta to continue his career, and became a sauté cook at Rathbun’s under well-known Atlanta Chef & Restauranteur Kevi...
Is Your Hotel Ready for the Travel Rebound?
Cicero Construction Group | April 27, 2022
PLAINFIELD, IL, APRIL 27, 2022 — For the hotel industry, the last two years has been a rollercoaster. Dragged down initially by COVID-19 lockdowns, hoteliers are now finding their business on an upswing with bookings exceeding pre-pandemic levels. Even group business travel is showing promising first signs of returning on the books. Thanks to ongoing widespread vaccinations and the power of pent-up demand, this momentum will likely continue throughout the year with travelers willing to pay pre-pandemic or higher rates. To help hoteliers "get heads in beds" and drive RevPAR, Cicero Construction Group, a general contractor specializing ...
Benchmark Pyramid Adds 126-Room Hotel 83 to Its Third-Party Management Portfolio
Benchmark Pyramid | April 27, 2022
Former Origin Hotel Raleigh to Begin Conversion to Marriott Tribute Portfolio Hotel Raleigh, N.C., April 27, 2022—Benchmark Pyramid today announced the company has assumed management of the 126-room Hotel 83 in Raleigh, N.C. Benchmark Pyramid also will oversee the conversion of the Hotel 83 (a former Origin Hotel) to a Tribute Portfolio Hotel, Marriott’s upscale collection brand of independent, boutique hotels. The conversion process is expected to be completed by late Summer. Located at the intersection of the Warehouse and Glenwood South districts in downtown Raleigh, the seven-story hotel is within walking distance of the North...
Dimension Hospitality Promotes Don Molinich to Chef and B at Scottsdale Paradise Valley Resort
Dimension Hospitality | April 27, 2022
FORT LAUDERDALE, Fla. - - (April 27, 2022) Tim Horton, chief operating officer of Dimension Hospitality, a nationally recognized hotel management and development company, today announced the promotion of longtime executive chef, Don Molinich to Chef and B, (executive chef responsible for all food and beverage) for the AAA Four-diamond DoubleTree Resort by Hilton Scottsdale Paradise Valley, located in the shadow of Camelback Mountain in Scottsdale Arizona. Molinich’s responsibilities will include all aspects of the resort’s food and beverage operation including Asadero Cocina and Cantina, a full-service, three-meal restaurant, rebranded ...
Mission Hill Hospitality Acquires Dual-Branded Residence Inn and Fairfield Inn & Suites Boston Waltham
Mission Hill Hospitality | April 27, 2022
DENVER, CO – April 27, 2022: Mission Hill Hospitality, a KSL Capital Partners portfolio company focused on transforming select-service and extended-stay hotel investing, announced it has acquired the Residence Inn and Fairfield Inn & Suites Boston Waltham in Massachusetts. Island Hospitality, the premier third-party management company for select-service and upscale, extended-stay hotels in the United States, will operate the hotels on behalf of Mission Hill Hospitality. These are the 17th and 18th hotels added to the Mission Hill Hospitality portfolio since the company was launched 12 months ago. Terms of the deal are undisclosed. ...
Hotel Demand Races Upwards Around Formula 1 Events
STR | April 26, 2022
Formula 1 has an ever-growing fan base, including many hoteliers who are currently witnessing a surge in occupancy on the books because of an upcoming Grand Prix in their city. Utilizing STR’s Forward STAR, we review five markets set to host a race over the course of this year, including Miami, one of our newest Forward STAR markets in North America. Through STR’s historical database, we also look at the actualized impact from a recent F1 event in Australia. North America While not at the level of Europe or the Middle East, Formula 1 is growing in popularity throughout North America. One way of observing this growth is through the risin...
STR: Canada Hotel Rates Exceeded 2019 Levels in March
STR | April 26, 2022
HENDERSONVILLE, Tennessee—Canada’s monthly hotel rates exceeded 2019 levels for the first time since the pandemic began, according to STR’s March 2022 data. March 2022 (percentage change from March 2019) Occupancy: 53.3% (-11.2%) Average daily rate (ADR): CAD149.73 (+0.7%) Revenue per available room (RevPAR): CAD79.87 (-10.5%) "Hotel performance improved significantly with the elimination of nearly all COVID-related restrictions across the country,” said Laura Baxter, CoStar Group’s director of hospitality analytics for Canada. CoStar Group is the parent company of STR. “The absolute occupancy level was the hi...
Customer Satisfaction With Hotels Continues Free Fall, While Online Travel Agencies Bounce Back Slightly
ACSI | April 26, 2022
ANN ARBOR, Mich.--Customers have started to scratch their travel itch once again, but expectations aren’t being met. According to the American Customer Satisfaction Index (ACSI®) Travel Study 2021-2022, satisfaction with airlines is flying in the wrong direction, hotels aren’t hosting happy guests, and car rentals can’t get back on track. Online travel agencies are the only industry to improve customer satisfaction, but not by much. “Many folks ventured out to travel for the first time since the pandemic hit only to be met with lackluster service and dashed hopes,” says Forrest Morgeson, Assistant Professor of Marketing at M...