NEWS
10 Giugno 2023
Hospitality Net Industry News-
Reduced New U.S. Hotel Supply in the Coming Years
10 Giugno 2023What a difference a year makes – in the 2022 edition of Trends® in the Hotel Industry, we wrote that major markets were still attracting developers and that new supply growth among the nation’s 65 major markets was expected to record an annual gain of 1.7%, which is above the long-run average of 1.5%. However, over the past year, the market conditions have changed with rising construction costs, rising financing costs, less financing options caused by the recent turmoil in the banking industry, and market uncertainty coming to the forefront, along with the recovery from the COVID-19 pandemic still playing a factor.
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Magnuson Hotels promotes Laura White to Director of Revenue Management
09 Giugno 2023Magnuson Hotels is pleased to announce the promotion of Laura White to the position of Director of Revenue Managament. Previously serving as Client Services Director, White is now responsible for overseeing the revenue strategy implementation for the group’s portfolio.
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Hotel Equities Awarded Management of Element Moline, Adding to Its Expanding Midwest Portfolio
09 Giugno 2023Hotel owner, operator and developer, Hotel Equities (“HE”), just announced its assumption of management for the Element Moline, IL. The downtown hotel, owned by Moline Promenade Investors, LLC, is an exciting addition to Hotel Equities’ expanding portfolio of properties in the Midwest.
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Construction to commence on InterContinental San Antonio, city’s newest luxury hotel
09 Giugno 2023$158 million renovation to encompass sophisticated rooms and unparalleled amenities.
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IHG announces market debut for Holiday Inn Express brand with latest signing in Bulgaria
09 Giugno 2023IHG Hotels & Resorts, one of the world’s leading hospitality companies, has signed Holiday Inn Express Sofia Airport in partnership with Hotel Express Sofia Airport OOD, which further expands the company’s European estate, following a recent flurry of signings across a number of brands.
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Hard Rock Hotel & Casino Ottawa Celebrates Groundbreaking
09 Giugno 2023Construction has officially started on Ottawa’s newest tourism and entertainment destination, the future Hard Rock Hotel & Casino Ottawa. A groundbreaking ceremony, with guests using Hard Rock’s legendary guitar-handled shovels, was held on June 6 at the Rideau Carleton Casino, Future Hard Rock where it will host the new state-of-the-art facility.
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UNWTO’s Middle East Members Meet in Jordan
09 Giugno 2023The 49th meeting of the UNWTO Regional Commission for the Middle East brought high-level delegations from 12 countries together at the Dead Sea, in the Hashemite Kingdom of Jordan, to assess the current state of tourism in the region and advance shared plans for its future.
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Student portrait - from army leadership to hospitality excellence
09 Giugno 2023Emilien Dombele’s journey at EHL has exceeded his expectations with its international atmosphere and strong sense of community. With a diverse background and work experience in banking and the Swiss army, Emilien wanted to challenge himself and explore his passion for managing people. Emilien has formed deep connections with his fellow students, creating a vibrant student portrait that celebrates diversity and fosters personal growth.
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The price of Bordeaux 2022: What you need to know before you buy
09 Giugno 2023Bordeaux is back in the news with the 2022 vintage said to be the best this century. But is it really that good? And, above all, should you buy these wines and at what price? Let’s find out.
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The Hospitality Show Announces New Speakers, Programming, Parties, Tours, and App
09 Giugno 2023The American Hotel & Lodging Association (AHLA) and Questex announced today a new list of high-value speakers and impactful programming for The Hospitality Show (The Show). The Show is a bold, new hospitality operations and technology event to be held June 27-29 at The Venetian Resort Las Vegas.
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Hyatt Announces Plans for First Hyatt Vivid Property to open in 2024
09 Giugno 2023Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Grupo Murano for Hyatt Vivid Grand Island, an adults-only resort and Dreams Grand Island, a family-friendly 616-room luxury resort. Both properties are expected to open in Cancun, Mexico in early 2024 within the Inclusive Collection, part of World of Hyatt. Hyatt Vivid Grand Island will mark the first Hyatt Vivid property in the Inclusive Collection portfolio.
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Lindner Properties Joining World of Hyatt in Phases Beginning in June 2023
09 Giugno 2023Hyatt Hotels Corporation (NYSE: H) today announced that as part of Hyatt’s strategic collaboration with German hospitality company Lindner Hotels AG, properties of the brands ‘Lindner Hotels & Resorts’ and ‘me and all hotels’ are joining World of Hyatt as part of the JdV by Hyatt collection and will become fully bookable on hyatt.com throughout June 2023. The integration of the Lindner portfolio further bolsters Hyatt’s transformative growth in the lifestyle space with the addition of an estimated 5,500 rooms.
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Bulgari Hotel Roma Opens Today in Piazza Augusto Imperatore
09 Giugno 2023Bulgari Hotels & Resorts is delighted to announce the opening of its newest luxury hotel, the Bulgari Hotel Roma, at Piazza Augusto Imperatore, 10.
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Why Hotels Need Advanced Tech Tools in Marketing and Sales
09 Giugno 2023Cutting-edge client-facing technologies can help hotels not only boost revenue but also adapt to fast-evolving customer preferences.
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Leveraging the Abraham Accords to Stimulate Tourism Growth
09 Giugno 2023In this report, HVS explores ways in which the Abraham Accords can be leveraged to stimulate tourism growth in Israel. It outlines tourism goals for 2025 and gives country overviews for each of the member states.
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The Laguna Resort & Spa, a Luxury Collection Resort & Spa, Nusa Dua, Bali Completes Full Scale Renovations
09 Giugno 2023This July, The Laguna, a Luxury Collection Resort & Spa, Nusa Dua, Bali will complete its transformational journey, following over a year of renovations to its rooms, restaurants and other facilities.
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82-key Martinhal Residences and Martinhal Lisbon Oriente opens in Lisbon, Portugal
09 Giugno 2023Martinhal Resorts has announced the opening of Martinhal Residences and Martinhal Lisbon Oriente. Now open, the luxury riverside hotel and residences located in Lisbon’s contemporary Park of Nations neighborhood, marks an important new chapter for the Martinhal brand, which is already renowned for its collection of family hotels and resorts in Portugal’s top destinations across Lisbon and the Algarve. A new level of design, sophistication and service has been imagined by the brand’s founders, Chitra and Roman Stern, who welcome guests to their first hotel and branded residences development, in Lisbon’s thriving cultural hub.
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Zien Group Debuts Its First Hotel Under New Brand
09 Giugno 2023Zien Group, the parent corporate company of Eden Hotels has unveiled its first hotel under an all-new brand of independent hotels with the debut of Jan Luyken Amsterdam: a boutique townhouse hotel in the heart of Amsterdam.
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U.S. hotel commentary - April 2023
09 Giugno 2023U.S. hotel demand declined year over year for the first time since February 2021, which if you recall, was the last month with a pre-pandemic comparable the prior year. Specifically, April 2023 demand was down 1.2% from last year, leaving occupancy at 64.4%.
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CBRE US Hotels State of the Union June 2023 Edition
09 Giugno 2023Despite layoff headlines, employment continues to grow. Unemployment declined in April to 3.4%, as the economy posted a 1.9% increase in employment. Hotel wage growth decelerated by 300 bps since January. In April, hotel wage growth was below retail wage growth for the first time since the pandemic. Personal savings and consumer confidence dropped in April. Consumer confidence dropped slightly, while personal savings dipped to 4.1% from 4.5%.
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Rising Star Award - Caribbean presented to Julianna Musgrove at CHRIS
09 Giugno 2023The International Society of Hospitality Consultants (ISHC) in partnership with Caribbean Hotel & Resort Investment Summit (CHRIS) presented Julianna Musgrove, Regional Manager – Learning and Development (Northern Caribbean) at Beaches Turks and Caicos Resort Villages and Spa, with the prestigious Rising Star Award Caribbean.
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Greyfinch Chatham Inn, Unveils Details of Its Property-Wide Renovation
09 Giugno 2023Greyfinch Chatham Inn - the nautical seaside oasis located in the charming small town of Chatham, Massachusetts - is pleased to unveil its property-wide renovation. Formerly known as the Chatham Highlander Village Inn, Greyfinch Chatham Inn has debuted with a new name; four new room categories designed for travelers of all sizes; enhanced and fenced-in outdoor spaces, perfect for families with small children and friends looking for an intimate setting; a private pool as an alternative to the beach; and new offerings for guests like Priority Bicycles. Inspired by the picturesque coastal setting, the updated design complements the quintessential Cape Cod experience through a mix of nautical and modern elements, paying homage to the rich heritage of the destination.
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Woodside Hospitality Group Debuts The Woodside Collection
09 Giugno 2023Today, Woodside Hospitality Group, Northern California’s largest operator of upscale independent hotels, introduces the Woodside Collection. On the heels of its 50th anniversary, and in tandem with extensive renovations at the individual hotels, the family-owned, Bay Area-based hotel and resort operator debuts the Woodside Collection, which celebrates a distinctive group of locally owned, independent hotels and resorts found in the region’s most iconic locations, all featuring Woodside’s unique brand of West Coast hospitality.
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Easier Visas Lead to Tourism Growth and Increased GDP
09 Giugno 2023HVS and the Abraham Accords Peace Institute analyse the affects of easier visa procedures on tourism growth and the subsequent increase in a country’s GDP.
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IHG announces the opening of Holiday Inn Katra Vaishno Devi
09 Giugno 2023IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, has announced the opening of Holiday Inn Katra Vaishno Devi in Jammu & Kashmir. Holiday Inn Katra Vaishno Devi, located in the foothills of the eminent spiritual site of Vaishno Devi is an ideal destination for spiritual travellers and enjoys excellent visibility and accessibility to the city centre, market area and Banganga, the starting point of the pilgrimage.
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