HVS Brokerage & Advisory presents the opportunity to acquire the 72-key Holiday Inn Express & Suites Houston Northwest Tomball Area, a limited-service hotel asset in Tomball, Texas, which is part of the Houston-The Woodlands-Sugar Land MSA.
The 2024 travel forecast is looking sunny with a chance of savings. Despite increasing inflation, according to the latest internal data from KAYAK airfare is down 13% for domestic and 3% for international flights vs. 2023.
For the first time in the ten annual cycles of the Cornell Hotel Sustainability Benchmarking cycle, we find a general increase from 2021 to 2022 in energy and water consumption among participating hotels.
Listen to experts talk about the growing investor interest in the luxury hotel category
Name change includes the launch of a new logo and company website.
Hospitality’s premier all-in-one property-management system provider improves payment processing usability, security, and sophistication
Named one of the 50 best places to travel in 2024 by Travel + Leisure, Tempo by Hilton Louisville Downtown NuLu opened just ahead of the historic 150th running of the Kentucky Derby and the PGA Championship being held at Valhalla a short drive away.
Law ensures local control over lodging taxes and regulations
U.S. Hotels still 193,600 jobs short of pre-pandemic levels amid economy-wide labor shortage
A 30-year hotel vet, David has seen everything, a lot of which he shares in his book, The Prosperous Hotelier. Susan Barry host of the Top Floor Podcast and David talk about railroads, scams, and Russians.
Online travel agencies based in the United States maintained double-digit year-over-year gains in 2023, passing the $100 billion mark for the first time.
Sotherly Hotels Inc. (NASDAQ: SOHO) today announced that the Company has executed an extension which includes amended mortgage loan terms on its first mortgage with TD Bank, collateralized by the DoubleTree by Hilton Philadelphia Airport in Philadelphia, PA.
Hotel companies should be particularly interested in the legislation. While many companies collect personal information from customers, hotel companies want to collect large amounts of personal information - knowing more about guests allows brands and operators to provide better services and increase their value. At the same time, the multitude of state laws, as well as foreign privacy laws, create a compliance challenge for the hospitality industry.
As U.S. lodging industry performance decelerated in 2023, so did the amount of fees paid by owners to their management companies. Preliminary results from CBRE's annual Trends in the Hotel Industry survey find that total hotel revenue growth slowed to 6.9% in 2023, while GOP inched up by 3.5%. As a result, total management fee payments rose by just 1.2% during the year, well below the double and triple-digit growth rates seen in the previous two years.
Today, Hilton (NYSE: HLT) announced a partnership with ResortPass, for booking day access to Hilton's resort and hotel amenities, bringing curated day pass packages to participating Hilton properties across the Americas.
AHLA Foundation hosted nearly 1,000 attendees from across the hotel industry at the Hyatt Regency McCormick Place for the annual ForWard conference this week. Over three days, industry leaders gathered to share knowledge and hear from dynamic speakers focused on celebrating, championing, and creating community for women in hospitality.
In the final article in this three-part series exploring luxury hotels and a sense of place, Suzanne Godfrey, consultant and lecturer in luxury and luxury hospitality, examines how hoteliers can overcome the challenges in providing local and authentic meaning of sense of place.
The development is the Company's first beachfront resort and is being built on an island of almost 62 hectares jutting into the Arabian Gulf. Wynn Resorts is developing the project in partnership with Marjan and RAK Hospitality Holding. It is anticipated to be the first integrated gaming resort in the Middle East North Africa (MENA) region.
Entertainment and competitive socializing transform ordinary hangouts into vibrant and memorable experiences, blending the fun of competition with the joy of social interaction. This growing trend resonates particularly with Millennials and Gen Z, who prioritize experiences over material possessions, seeking moments that foster connections and create fun lasting memories.
Hotel Stratford San Francisco, Handwritten Collection was built in 1910 and has recently undergone a multi-million-dollar refurbishment, ensuring the unique character of San Francisco shines through in every detail.
CBRE Releases Global Hotel Investor Intentions Survey 2024
HVS Executive Search announces the promotion of Wendy Hollander to Chief Administrative Officer.
Compared to the previous iteration of this study in Q4 2023, overall business confidence for the next 12 months has held steady, with 35% of respondents rating their confidence at an '8' or higher on a 10-point scale.
As reliance on zero and first-party data sources becomes increasingly crucial, proactive adaptation and integration of customer profiles into evolving marketing channels will be essential for maintaining competitiveness in the industry. I discussed this recently with my colleagues on the HSMAI Rising Marketing Leader Council, read on for highlights from our discussion
Despite years of work across the hospitality industry, hotels are still struggling to connect guest data across multiple systems, inhibiting their ability to provide an optimal guest experience. That was one of the key messages during a panel last week at the Highgate Tech Ventures and Independent Lodging Conference's Indie Cultivate event in New York City.