Hotel Business

AUGUST 8, 2023

During Intercontinental Hotels Group ‘s (IHG) first-half results presentation, Elie Maalouf, CEO, IHG Hotels & Resorts , revealed that the company will soon launch a new brand targeted at midscale conversion opportunities. We’re delighted that more than 100 hotels have already expressed definitive interest in the new brand.”

Branding 98

Branding Pipeline Scale Resorts 98

Hotel Business

AUGUST 8, 2024

“We increased our global pipeline to new levels propelled by robust demand for our brands, accelerated the velocity of our global hotel openings, expanded our international reach and significantly grew the size of our rewards program. The company’s WoodSpring Suites brand grew by 10% to 246 hotels since June 30, 2023.

Revenue 105

Revenue Pipeline Occupancy Branding 105

Hotel Business

OCTOBER 20, 2023

vs 2019; occupancy +4.1%pts rooms (123 hotels) in Q3, +27% vs 2022; global pipeline of 292k rooms (1,978 hotels), +5.1% vs 2019; occupancy +4.1%pts rooms (123 hotels) in Q3, +27% vs 2022; global pipeline of 292k rooms (1,978 hotels), +5.1% Occupancy was 72%, up 0.7% The Americas saw a 4.1% increase, with a 15.9%

Pipeline 110

Pipeline Average Daily Rate Occupancy Branding 110

Hotel Management

OCTOBER 31, 2024

We continue to see success across our network, particularly with the Quest brand, which has remained resilient in the corporate travel market. Our properties are performing well, with solid occupancy and rate performance. Looking ahead, we have several exciting opportunities in the pipeline.

Pipeline 130

Pipeline Occupancy Consumer Marketing 130

Hotel Management

NOVEMBER 9, 2023

While big brands remain powerful in the Australian market, Axsia HTL claims they are growing fast and are “too stretched to provide the necessary support” to ensure each hotel is reaching its potential. “Ask They realise they need the brand and distribution strength but also the autonomy to create and execute their own strategy.

Forecasting 264

Forecasting Consumer Branding Management 264

Hotel Management

JULY 25, 2023

BWH Hotels is expanding its footprint across the ditch with new development, partnerships and brand growth in New Zealand. Following the success of Maximum Occupancy New Zealand and successful partnerships in the region, BWH Hotels ramps up its focus on emerging growth opportunities in New Zealand.

Real Estate 130

Real Estate Branding Pipeline Occupancy 130

Hotel Management

JANUARY 8, 2024

The Ascott Limited is expanding its co-living brand Lyf to new markets with the announcement of eight new property signings spanning city and resort locations across Europe and Asia Pacific. New locations Lyf is currently present in 21 cities globally, with over 5,500 units both operating and in the pipeline.

Average Daily Rate 264

Average Daily Rate Scale Accommodation Branding 264

Hotel Business

FEBRUARY 20, 2024

Other highlights include: Americas FY RevPAR up 7% YoY (Q4 +1.5%), EMEAA +23.7% (Q4 +7%) and Greater China +71.7% (Q4 +72%), reflecting the differing levels of travel restrictions that were still in place in 2022 ADR up 5% vs 2022, +13% vs 2019; occupancy up 6 pts. Iberostar); global pipeline 297K rooms (2,016 hotels), +5.5%

Pipeline 109

Pipeline Resorts Scale Occupancy 109

Hotel Business

NOVEMBER 4, 2024

“We accelerated our unit growth, increased our global pipeline to new levels, expanded our international reach and significantly grew the size of our rewards program. Global pipeline as of Sept. Domestic rooms pipeline as of Sept. Domestic occupancy levels for the three-month period ended Sept. for rooms since Sept.

Revenue 59

Revenue Pipeline Occupancy Branding 59

Hotel Management

DECEMBER 20, 2023

Veriu Group CEO, Zed Sanjana, and developer Tim Gurner are celebrating a successful first six months of Veriu Collingwood, with the apartment hotel garnering strong occupancy and room rates since opening. Yes, we have two office conversions in our pipeline, which is exciting. You’ve got an Adelaide project in the works.

Construction 267

Construction Shopping Pipeline Occupancy 267

Hotel Business

JULY 26, 2023

. “System-wide comparable RevPAR continued to expand throughout the quarter, experiencing growth across all of our customer segments and regions, driven by strong preference for our brands,” said Chris Nassetta, president/CEO, Hilton. billion and $2.6 compared to the same period in 2022. billion and $2.6 billion and $2.6

Pipeline 98

Pipeline Revenue Occupancy Branding 98

Hotel Business

OCTOBER 25, 2023

We also continue to leverage our industry-leading portfolio of brands to drive further growth of our global network. With a record number of approvals year-to-date driving the largest pipeline in our history, we are confident in our ability to accelerate net unit growth to 5.5% Highlights include: Diluted EPS was $1.44 billion and $2.6

Pipeline 59

Pipeline Occupancy Revenue Branding 59

Hotel Business

FEBRUARY 7, 2024

for the full year Approved 33,800 new rooms for development during the fourth quarter, bringing Hilton’s development pipeline to a record 462,400 rooms as of Dec. compared to the same period in 2022 due to increases in both occupancy and ADR, and management and franchise fee revenues increased 12.2% from the same period in 2019.

Pipeline 115

Pipeline Branding Revenue Occupancy 115

Hotel Business

APRIL 24, 2024

As a result of our record pipeline and the growth pace we’ve seen to-date, we expect net unit growth of 6% to 6.5 percent for the full year, excluding the planned acquisition of the Graduate Hotels brand.” On the development side, we continued to see great momentum across signings, starts and openings.

Pipeline 64

Pipeline Branding Construction Occupancy 64

Hotel Business

FEBRUARY 21, 2023

Worldwide ADR was up 8% vs. 2019, while occupancy was down 7 percentage points vs. 2019. “In ” He continued, “Our strategy over the last five years has significantly strengthened our brand portfolio and seen substantial investment to innovate our technology and distribution platforms. for full-year 2022 vs. 2019.

Pipeline 52

Pipeline Scale Occupancy Resorts 52

Hotel Business

FEBRUARY 15, 2024

“Despite the distraction, uncertainty and misperceptions caused by Choice and their slanted and constant communications to our franchisee base, room openings accelerated and our global development pipeline grew by 10% to an all-time high of 240,000 rooms. Development pipeline grew 1% sequentially and by 10% YOY to a record 240,000 rooms.

Pipeline 72

Pipeline Revenue Marketing Market 72

Hotel Business

FEBRUARY 22, 2024

. “I would like to thank them for their commitment and their know-how in an industry whose strength lies above all in the women and men on the ground daily who raise the profile of our brands with a passionate and generous sense of hospitality. Nevertheless, occupancy rates still harbor strong upside potential.

Revenue 105

Revenue Occupancy Services Events 105

Hotel Management

DECEMBER 19, 2023

We have a combination of perspectives, including the major five-star brands but also representatives for motels and independent hotels. When it comes to room rates and occupancy levels, what’s your outlook for next year? Sydney is starting to get back to pre-pandemic occupancies – in the 80%s range, which is great.

Accommodation 290

Accommodation Tourism Occupancy Closing 290

Hotel Business

APRIL 27, 2023

. “Our impressive first quarter results demonstrate continued momentum with global RevPAR growth of 12%, net room growth of 4% and the 11th consecutive quarter of sequential growth in our development pipeline,” said Geoff Ballotti, president/CEO, Wyndham Hotels & Resorts. “We RevPAR grew 4% compared to first-quarter 2022.

Pipeline 52

Pipeline Revenue Construction Branding 52

Hotelier Magazine

SEPTEMBER 20, 2024

Occupancy growth has reverted back to ‘normal’ growth levels, and the Middle East and Asia (excluding China) reported strong YOY growth YTD. Branded hotel development is another key global theme, with luxury and upper-upscale rooms expecting the strongest growth and midscale and economy pipelines relatively light.

Tourism 52

Tourism Pipeline Hotels Market 52

Hotel Business

MAY 9, 2023

and a 34-basis-point increase in occupancy levels. Of the total domestic franchise agreements awarded in first-quarter 2023, 88% were for the company’s upscale, extended-stay, and midscale brands, and 75% were for conversion hotels. RevPAR increased 5.9%

Revenue 64

Revenue Pipeline Occupancy Branding 64

Hotel Business

FEBRUARY 16, 2023

Wyndham Hotels & Resorts reported strong results for the fourth quarter and end of the year for 2022, including a 12% year-over-year pipeline increase. Development pipeline grew 12% year-over-year, including 170 new construction projects added for the company’s ECHO Suites Extended Stay by Wyndham brand since launch in March.

Pipeline 59

Pipeline Revenue Construction Services 59

Boutique Hotel News

JANUARY 30, 2023

Tan Bee Leng, Ascott’s managing director for brand and marketing, said: “The Crest Collection serves the growing demand from independent and boutique hotel owners seeking the flexibility of a distinctive high-end positioning with the power of a global chain. These include sites in Jakarta, Bangkok, Tokyo, Osaka and London.

Pipeline 52

Pipeline Occupancy Operations Branding 52

Hotel Business

APRIL 26, 2024

“Our network growth also accelerated, reflecting the attractiveness of our brands and the trust of our owners. At the end of March, the Group had a hotel network of 825,313 rooms (5,613 hotels) and a pipeline of 224,000 rooms (1,297 hotels). This was driven by improved occupancy at resorts in Turkey, Egypt and the UAE.

Revenue 59

Revenue Occupancy Services Management 59

Hotel Business

NOVEMBER 7, 2023

. “We generated another record quarter of impressive financial growth, driven by our best-in-class business delivery engine, the successful integration of Radisson Americas and organic growth of our brand portfolio focused on hotels that generate higher royalties per unit,” said Patrick Pacious, president/CEO, Choice Hotels.

Revenue 59

Revenue Pipeline Management Occupancy 59

Hotel Business

NOVEMBER 7, 2022

Our future growth is now enhanced by the addition of the Radisson Hotels Americas’ brands to our best-in-class business delivery engine. 30, the number of global rooms in the company’s targeted upper-midscale and upscale segments open and in the development pipeline increased by more than 73,000 as a result of the acquisition.

Pipeline 52

Pipeline Revenue Branding Scale 52

Hotel Business

JULY 25, 2024

Wyndham Hotels & Resorts reported its second quarter results, including growing its development pipeline by 7% and system size by 4% in the period. Development pipeline grew 1% sequentially and 7% year-over-year to a record 245,000 rooms. economy brands. which represented an increase of 33% year-over-year.

Pipeline 104

Pipeline Ancillary Revenue Occupancy Branding 104

Hotel Business

APRIL 26, 2023

Approved 24,900 new rooms for development during the first quarter, bringing Hilton’s development pipeline to 428,100 rooms as of March 31. Additionally, of the rooms in the development pipeline, 215,700 of the rooms were under construction and 246,200 of the rooms were located outside of the U.S. billion and $1.38

Pipeline 59

Pipeline Construction Revenue Occupancy 59

Hotel Business

NOVEMBER 2, 2023

We expect strong fee growth to continue, fueled by our record pipeline of 123,000 rooms and higher levels of conversion opportunities combined with robust demand for travel around the globe. Pipeline of executed management or franchise contracts was approximately 123,000 rooms. in the third quarter of 2023 compared to 2022. As of Sept.

Real Estate 59

Real Estate Pipeline Intent Closing 59

Hotel Business

MAY 1, 2023

“These excellent performances were driven in particular by the strong rebound in Asia, good price levels and increased occupancy rates. They reflect the attractiveness of our brands, the commitment of our teams and an ever-greater desire for travel and adventure on the part of our guests. in the last 12 months.

Revenue 59

Revenue Occupancy Business Services 59

Hotel Business

FEBRUARY 15, 2023

“We generated significant organic growth over 2021 and acquired the Radisson Hotels Americas brands in August, which has accelerated our long-term growth potential. Our distinct strategy of growing our brand portfolio with hotels that generate higher royalties per unit is driving impressive results. RevPAR increased 20.4%

Revenue 59

Revenue Pipeline Branding Scale 59

Hotel Business

FEBRUARY 9, 2023

Positive momentum has continued into the new year with exciting growth opportunities ahead, including the continued expansion of our brand portfolio with the recent launch of our newest brand, Spark by Hilton.” and 42.5%, respectively, compared to the same periods in 2021, due to increases in both occupancy and ADR. .”

Pipeline 52

Pipeline Branding Revenue Construction 52

Hotel Business

OCTOBER 27, 2023

The group’s strong performance during the quarter illustrates once again the strength of business momentum in all of our markets, notably in Asia, and for the brands in our two segments: Premium, Midscale and Economy on the one hand, and Luxury and Lifestyle on the other,” said Sébastien Bazin, chairman/CEO, Accor.

Revenue 72

Revenue Occupancy Services Management 72

Travel Media Group

APRIL 24, 2024

Brand Leader of Home2 Suites by Hilton, Talene Staab, is named a TMG Hospitality Trailblazer and joins the Suite Spot to discuss Home2 Suites and the incredible developments taking place for the brand. Talene Staab, Brand Leader of Home2 Suites by Hilton, Talene, thank you so much for being on the podcast with me today.

Hospitality 97

Hospitality Branding Digital Marketing Travel 97

Boutique Hotel News

DECEMBER 20, 2022

Co-founder Suzanne Mahoney explains: “Opportunities to experience physical products are shrinking as shopping moves online – but the hospitality industry offers huge potential for brands to tell their stories and reach their consumers… It’s the ultimate ‘try before you buy’ model”.

Travel 124

Travel Hotels Branding Consumer 124

Hotel Business

OCTOBER 19, 2023

Extended-stay occupancy rates stand 11% above a comparison to all hotels for the same time period according to STR. According to a mid-year 2023 report by hospitality industry consulting firm The Highland Group, extended-stay hotels saw a 3.2% increase in RevPAR in Q2 year over year compared to a 2.7%

Occupancy 59

Occupancy Hotels Hospitality Marketing 59

Hotel Business

NOVEMBER 17, 2023

The collaboration marks the first JW Marriott-branded resort and residences on Al Marjan Island, a new destination in the area. Not only is it excellent in terms of occupancies, GOPs and NOIs, but It checks all the boxes. Abdulla Al Abdouli, CEO, Marjan. The region had exactly what WOW Resorts’ leaders were looking for.

Resorts 59

Resorts Real Estate Tourism Occupancy 59