All Hotel Industry News Page 5

Hotel Transaction Nashville

Dual-Branded 1 Hotel and Embassy Suites Nashville Hotel Sold

Starwood Capital Group, Crescent Real Estate LLC and High Street Real Estate Partners today announced that controlled affiliates have completed the sale of the 1 Hotel and Embassy Suites in Nashville, Tennessee, to Host Hotels and Resorts, a lodging real estate investment trust and owner of luxury and upper-upscale hotels. Terms of the transaction were not disclosed.

2024-05-02

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Hotel Development Las Vegas

The Venetian Resort Las Vegas Unveils $1.5 Billion Hotel Renovation Timed to Its 25th Anniversary

Twenty-five years ago, The Venetian Resort Las Vegas made waves when it pioneered the convention-hotel concept and delivered Venice's canals to the Las Vegas desert, gondoliers and all. Today, coinciding with this momentous birthday, the iconic resort unveils a new era ushered in by its $1.5 billion reinvestment project.

2024-05-02

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Luxury Hotels

Industry Blog
Luxury Hotels and a 'Sense of Place': Brand Identity and Experiences - By Dr Suzanne Godfrey

In the second article in this three-part series exploring luxury hotels and how a 'sense of place' helps differentiate a luxury hotel and build loyalty, Suzanne Godfrey, consultant and lecturer in luxury and luxury hospitality, examines how the brand's identity can elevate the hotel experience and create a unique sense of place.

2024-05-02

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Hotel Opening London

Radisson Hotel Group Opens Art'otel London Hoxton

The hotel is located in the heart of Shoreditch, close to Old Street Underground station, with easy access to the City, Liverpool Street Station, the new Elizabeth Line, and all the capital's major airports.

2024-05-02

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Accor Development Update

Accor Provides Update on Expansion in Saudi Arabia, the UAE and Qatar

Accor participated in the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom's leading industry experts. From 2022 to 2032, the growth rate in the GCC's tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD.

2024-05-02

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Hotel Development Laos

Meliá Hotels to Open the The Grand Luang Prabang in Laos

Spanish hotel group signs first hotel in Laos, increasing presence to seven countries in Asia

2024-05-02

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Paris Olympics

The Olympics Effect: Insights into Its Impact on Paris' Hospitality Industry

Beyond the track, The Olympic Games provide a once-in-a-lifetime opportunity for the host city's hospitality industry to take center stage. As the world's gaze turns to Paris in 2024, we're keeping a close eye on the performance of the city's hotels and short-term rentals.

2024-05-02

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Market Report Australia

Australian Hotel Sector to Benefit from Occupancy and Room Rate Growth As Inbound Tourism Recovery Gathers Momentum

Surging inbound tourism will help boost Australia's hotel occupancy levels this year and next while spurring room rate growth in most markets, particularly Sydney and Brisbane, according to new CBRE forecasts.

2024-05-02

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Hotel For Sale Australia

Pullman Cairns International Hotel in Cairns, Australia Listed for Sale

The five-star city centre hotel occupies a 8,139sqm site and comprises 324 guest rooms, 11 conference and meeting rooms, a lobby bar, a day spa and gymnasium facilities, and basement parking for 184 cars.

2024-05-02

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Hotel Development India

IHCL Strengthens Its Spiritual Tourism Circuit with Gateway Hotel Signing in Sarnath

Indian Hotels Company (IHCL), India's largest hospitality company, today announced the signing of a hotel in Sarnath, Uttar Pradesh. The Greenfield project will be branded a Gateway hotel.

2024-05-02

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Market Report U.S.

STR Commentary on U.S. Hotel Performance for March 2024

Revenue per available room (RevPAR) fell 2.2% year over year (YoY) in March, marking the first such decline since February 2021.

2024-05-02

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Hotel Development Osaka

Four Seasons Hotel Osaka to Open This August

Towering above the city's dynamic Dojima district, the all-new Four Seasons Hotel Osaka is now accepting reservations ahead of its grand opening this summer.

2024-05-02

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Hotel Revenue Management

Industry Blog
Revenue Managers: It's Still a Seller's Market, But Don't Get Greedy - By Lynn Zwibak

Sources predict that hotels' pricing power will remain strong. However, we don't need a pandemic recovery to fall into the trap of overpricing. Why do we do this?

2024-05-01

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Hotel Development Brisbane

Kimpton Hotel to Open 20028 in Brisbane's Trendy Teneriffe Suburb

Kimpton in Brisbane's Teneriffe will have absolute waterfront access and views across the Queensland capital

2024-05-01

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Hotel Opening Nebraska

First Avid Hotels and Candlewood Suites Dual-Branded Hotel Opens in North Platte, Neb

Operating under the ownership of Nightcap Management, LLC, avid hotel and Candlewood Suites North Platte marks the first milestone in an exciting growth trajectory for the dual-brand pairing, with more than 40 additional hotels in the pipeline.

2024-05-01

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Hotel Development Sydney

Sydney Heritage Hotel, Hotel Woolstore 1888, Joins Accor's Handwritten Collection

Accor announced today that one of Sydney's finest heritage hotels, Hotel Woolstore 1888, is joining its portfolio of Handwritten Collection hotels in May 2024 under a hotel management agreement with the hotel's new owners Shakespeare Property Group.

2024-05-01

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Hotel Development Saudi Arabia

Hotel Indigo & Residences Al Khobar to Open 2027 in Saudi Arabia

IHG Hotels & Resorts has signed a management agreement with Refad Real estate investment & development company part of Abdulhadi AlQahtani, sons group Company to bring Hotel Indigo & Residences Al Khobar to Saudi Arabia by September 2027.

2024-05-01

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LinkedIn Marketing

Industry Blog
7 Tips to Demonstrate Your Thought Leadership on LinkedIn - By Mercedes Blanco

LinkedIn is more than just a platform for networking - it is a critical tool for career advancement and professional visibility. Leveraging insights from the recent meeting of the HSMAI Sales Advisory Board members, here are seven tips you can use to become a LinkedIn thought leader.

2024-05-01

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HSMAI Local Chapters

Industry Blog
HSMAI Strategic Initiatives to Enhance Local Market Engagement and Value - By Robert A. Gilbert

Here at HSMAI we are ramping up efforts to invigorate our member base and foster robust market-specific growth. As we move into 2024, our strategic priority to 'broaden our reach' takes center stage, focusing on developing new markets and enhancing the member value proposition through localized engagement.

2024-05-01

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Hotel Development Bangkok

Hotel Indigo to Open 2026 in Major Bangkok Development

The 274-room Hotel Indigo The Forestias Bangkok will open in 2026 at The Forestias, a new integrated 64-hectare mixed-used development on the eastern fringe of Bangkok - the largest growth project of its kind in the country.

2024-05-01

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Hotel Opening India

Hyatt Centric Ballygunge Kolkata Hotel Opens

A second Hyatt hotel debuts in the City of Joy, Ballygunge Kolkata, marking the seventh Hyatt Centric in India

2024-05-01

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Social Media Trends

Google Trailing Behind Instagram, TikTok: How Social Media is Changing the Travel Search Landscape

Recent studies highlight a significant trend: Gen Z (aged 18 - 24) is turning to social media for their travel searches. This age group bypasses Google in favor of visually-driven platforms like Instagram (67%) and TikTok (62%) to find places to stay.

2024-05-01

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Market Report India

HVS Anarock India Hospitality Industry Review April 2024

Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.

2024-05-01

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On-the-Go Mobile Ordering

Hilton and Grubhub Onsite Expand Relationship to Offer Mobile Ordering and Delivery

Guests staying at Home2 Suites by Hilton now have access to seamless mobile ordering and delivery via Grubhub Onsite, available at nearly 600 properties nationwide.

2024-05-01

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P2P Solutions

8 Ways That Hoteliers Can Increase Compliance and Reduce Annual Spend

In this world of rapidly rising costs, the deployment of digital procure-to-pay (also known as P2P and e-procurement) solutions becomes crucial. Leveraging this technology can facilitate the automation of purchasing processes, significantly reducing time inefficiencies and manual errors.

2024-05-01

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