Skift Blog
JANUARY 29, 2024
Skift Take: Michael O’Leary has delivered a rousing endorsement of the beleaguered planemaker’s products. After last week’s public criticism from some U.S. airline chiefs, his intervention will be warmly welcomed by Boeing.
Hotel Management
JANUARY 29, 2024
Choice Hotels Asia-Pac is expanding its presence in Australia by more than 270 rooms with the acquisition of asset-light franchisor, City Edge Apartment Hotels. The deal builds on Choice Hotels’ Melbourne portfolio with the addition of five properties across key business hubs, totalling 271 apartment-style rooms. The acquisition, brokered by specialist accommodation property agency ResortBrokers on behalf of owners Peter and Irena Cushen, includes City Edge’s active franchise agreements, the bra
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Skift Blog
JANUARY 29, 2024
Skift Take: After a controversy around hosting the Formula 1 race, the Super Bowl will be another test for how well Las Vegas handles mass sporting events.
Lodging
JANUARY 29, 2024
HENDERSONVILLE, Tennessee—Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for Feb. 9-11, 2024, which would be the highest level for any Super Bowl weekend on record, according to STR. The market is projected for a Friday through Sunday night occupancy of 87.9 percent. That level combined with an ADR of $573 would result in revenue per available room (RevPAR) of $504.
Speaker: Brendan Sweeney, VP of Sales & Devyn Blume, Sr. Account Executive
Are you curious about how artificial intelligence is reshaping sales coaching, learning, and development? Join Brendan Sweeney and Devyn Blume of Allego for an engaging new webinar exploring AI's transformative role in sales coaching and performance improvement! Brendan and Devyn will share actionable insights and strategies for integrating AI into coaching and development - ensuring personalized, effective, and scalable training!
Skift Blog
JANUARY 29, 2024
Skift Take: Vrbo can pick its spots to compete with Airbnb. But it's not a zero-sum game and parent company Expedia has no expectation of "beating" Airbnb.
Hospitality Net
JANUARY 29, 2024
Something big is going down. Downright Austin is opening in spring 2024, bringing its own unique and decidedly Downright take on the global Renaissance Hotels brand. Located in downtown Austin, Downright Austin will feature a bold and postmodern lobby experience, 367 stylish guest rooms including five suites, 31,000 square feet of indoor and outdoor event spaces, and new culinary concepts, all within blocks of the Texas State Capitol and Moody Amphitheater.
Hotel Sales Focus brings together the best content for hotel sales and marketing professionals from the widest variety of industry thought leaders.
Hospitality Net
JANUARY 29, 2024
GCommerce Solutions will be honored for travel marketing excellence by the Hospitality Sales & Marketing Association International (HSMAI) at the annual Adrian Awards Celebration Award winners to be celebrated at an in-person event at the New York Marriott Marquis, on February 13, 2024.
Skift Blog
JANUARY 29, 2024
Skift Take: Boeing's rough January 2024 was marked by the blowout aboard an Alaska Airlines flight, but that's far from its only major problem.
Hospitality Net
JANUARY 29, 2024
Europe’s first platform to combine residential solutions with services for property owners and investors, Joivy, has announced that William Parry has become its general manager for UK and Ireland having previously been its short term rental subsidiary, ALTIDO’s CEO with immediate effect.
Skift Blog
JANUARY 29, 2024
Skift Take: Prior to the rollout of DigiYatra for international travel, it will be imperative to address privacy concerns. Airports will need to strike a balance between security and individual privacy rights.
Advertiser: ZoomInfo
Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr
Hospitality Net
JANUARY 29, 2024
Generating revenue is key to any business, including hotels. This is why it is very common that in the industry most hoteliers put all their effort on transactional marketing. This means the focus is mainly on short-term relations with guests, and once the transaction is done (the booking is made), the relationship ends.
Lodging
JANUARY 29, 2024
AUSTIN, Texas—Oracle announced the general availability of Oracle OPERA Cloud Central. The hospitality platform unites data and functionality from OPERA Cloud’s modules under a common user interface and experience. With it, customers can get a view of their hotel business, including distribution, sales, service interactions, loyalty programs, and more to make decisions that can benefit staff and guests.
Hospitality Net
JANUARY 29, 2024
Last week, Marriott International, Inc. (Nasdaq: MAR) announced plans to further expand its new Apartments by Marriott Bonvoy™ brand offering, with signed development agreements in the United States, Italy, and the Kingdom of Saudi Arabia. The announcement comes on the heels of the recent opening of Marriott’s first Apartments by Marriott Bonvoy property, Casa Costera, Isla Verde Beach, in San Juan, Puerto Rico.
Skift Blog
JANUARY 29, 2024
Skift Take: Four Seasons boss Simon Casson leaves the group after 34 years to lead small Malta-based Cornithia back to profitability.
Speaker: Brendan Sweeney, VP of Sales at Allego
Maximizing sales rep performance is no easy task. 📈 Traditional sales training methods focus heavily on the first few weeks in the sales role. Companies dedicate time, resources, and budget to onboarding new hires, only for them to forget what was learned in those first few weeks, lose motivation, and struggle to come to grips with their role.
Hospitality Net
JANUARY 29, 2024
The American Hotel & Lodging Association (AHLA) announced its 2024 officers, Executive Committee, and Board of Directors, all of which include some of the most influential leaders from all segments of the hospitality industry.
Skift Blog
JANUARY 29, 2024
Skift Take: All hotel companies will eventually need to be completely in the cloud to take full advantage of new tech like generative AI.
Hospitality Net
JANUARY 29, 2024
Major new reports from the World Travel & Tourism Council (WTTC) and Microsoft highlight the transformative power of AI (Artificial Intelligence) for Travel & Tourism, marking a commitment to a digital future with unparalleled customer experiences.
Lodging
JANUARY 29, 2024
ATLANTA—Valor Hospitality Partners partnered with DailyPay to provide an on-demand pay benefit to its U.S. employees. DailyPay is a financial wellness benefit that enables employees to access their pay as they earn it to pay bills, spend, invest, and save on their own schedules. As employees work, they can also track how much they’ve earned in real time.
Advertiser: ZoomInfo
In times of economic uncertainty, account-based strategies are essential. According to several business analysts and practitioners, ABM is a necessity for creating more predictable revenue. Research shows that nearly three-quarters of marketers (74%) already have the resources needed to build successful ABM programs.
Hospitality Net
JANUARY 29, 2024
Boston-based Sonesta International Hotels was founded nearly 100 years ago, but it was just over the past few years that Sonesta kickstarted its growth trajectory to becoming a global hotel powerhouse. Even before the acquisition of Red Lion Hotels in 2021, which added more than 1,000 franchised and managed properties and pushed Sonesta over the 1,200 properties mark, Sonesta had standout hotels in Los Angeles, Chicago and New Orleans, and in countries like Peru, Chile, Colombia and Egypt.
Lodging
JANUARY 29, 2024
Cambria Hotel Detroit Downtown | Detroit, Michigan The third Cambria property open in Michigan and the 67th nationally, Choice Hotels International’s new Cambria Hotel Detroit Downtown is one of the brand’s several recent openings in city-center locations. Situated in the business district, the property is near riverfront restaurants, the Detroit Opera House, Ford Field, Comerica Park, Little Caesar’s Arena, and the Huntington Place Convention Center, as well as Wayne State University and t
Hospitality Net
JANUARY 29, 2024
Cygnett Hotels & Resorts Pvt. Ltd. has announced the opening of a new property in Jaipur, marking it as the hotel chain’s second property in the vibrant ’Pink City.’ The new hotel "Cygnett Style Ganga", is strategically situated in Jaipur’s Jagatpura area, offering proximity to both the Jaipur airport and the Sitapura industrial area. Blending ’Cygnetture’ service with cutting-edge technology, the new property promises a seamless and sophisticated experience for travellers.
Skift Blog
JANUARY 29, 2024
Skift Take: If passed, local authorities would have more power to regulate rentals.
Speaker: Lauren Fernandez - CEO & Founder, Full Course
Companies all over the world, including Marriot International and Hilton Worldwide, are aware of the value of including DEI in their talent acquisition strategy. However, despite these initiatives, there is still plenty that the hospitality sector can do to promote DEI. When comparing the hospitality industries in India, Iraq, the UK, and the US, you will see that there is a consistent underrepresentation of persons from different ethnic, gender, and disability origins across all levels of the i
Hospitality Net
JANUARY 29, 2024
Bigger does not mean better. But better is how companies thrive. Such is the case for Aptech. PVNG by Aptech was recently named a finalist in the Hotel Tech Report “Best Finance & Accounting Software” 2024 popularity index for the second consecutive year. At the core of Aptech’s success is its deep and personal relationships with its customers – people the family-owned and operated financial management software company value and solve problems for every day.
Hotel Business
JANUARY 29, 2024
Hotels are projected to pay a record amount of wages and generate a record level of tax revenue in 2024, according to the American Hotel & Lodging Association’s 2024 State of the Hotel Industry report. The report, which forecasts that hoteliers will face continued challenges due to nationwide labor shortages while inching closer to 2019 occupancy levels, is based on data and analysis from Oxford Economics and was created in collaboration with AHLA Premier Partners STR, Avendra, Ecolab, Encor
Hospitality Net
JANUARY 29, 2024
STR’s global “bubble chart” update for 2023 shows 85% of markets with revenue per available room (RevPAR) higher than 2019. In terms of top-line performance, that means most markets have recovered from the significant declines caused by the pandemic.
Hotel Business
JANUARY 29, 2024
Driftwood Capital has secured the $60.5 million refinancing of Margaritaville Lake Resort, Lake of the Ozarks, a 520-key resort located in Osage Beach, MO. Managing Directors Michael Weinberg and Scott Wadler, along with Associate Director Alec Fox of Berkadia South Florida arranged the financing through Goldman Sachs Bank USA and Starwood Mortgage Capital. “The $60.5 million loan enables us to unlock tremendous value for our investors,” said Carlos Rodriguez Jr., president/COO, Driftwood
Advertiser: ZoomInfo
Shifting to an account-based marketing (ABM) strategy can be both exciting and challenging. Well-implemented ABM motions build engagement with high-value accounts and drive impactful campaigns that resonate with your audience. But where do you begin, and how do you progress from crawling to running? Watch now as Demand Gen experts delve into the essentials of each stage of the ABM process.
Hospitality Net
JANUARY 29, 2024
During the fourth quarter, Hilton Hotels & Resorts opened 132 hotels and approximately 24,000 rooms, marking the company’s largest expansion quarter to date. The 395 hotel openings and 63,000 rooms during the year reflect commendable net growth of 4.9%. Forecasts for 2024 remain optimistic, with positive net unit growth indicators of between 5.5% and 6.0%.
Hotel Business
JANUARY 29, 2024
KSL Capital Partners LLC has closed a single-asset continuation vehicle for Alterra Mountain Company , with total commitments of more than $3 billion, including the commitments of the general partner and rollover investors. The transaction underscores KSL’s commitment to Alterra, while allowing KSL to return capital to limited partners. Investors in the continuation vehicle include a diverse group of state and county pension funds, corporate pension funds, sovereign wealth funds, endowment
Hospitality Net
JANUARY 29, 2024
In the latest thought-provoking episode of "The Unfamiliar Shift with Ariela," listeners are treated to an insightful journey into the heart of boutique hospitality, led by the seasoned entrepreneur Cory Schisler and his partners, Jay and Kyle Jeffers. This editorial overview aims to give you a glimpse into the fascinating topics covered, but it’s merely the tip of the iceberg.
Hotel Designs
JANUARY 29, 2024
Hotel Designs Product watch: BetteCurve and BetteLiv Product watch: BetteCurve and BetteLiv Bette has introduced two new counter-top bowl washbasins, designed by Tesseraux + Partner, combining a contemporary slim-rimmed design with the strength of glazed titanium-steel… The BetteCurve and BetteLiv washbasins may look delicate, but such is the strength of the material, that they come with a 30 year warranty and are as suitable for bars, restaurants and hotels, as they are for private homes.
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