Fri.Nov 15, 2024

article thumbnail

CBRE: U.S. Hotel Performance Expected to Accelerate at Year End

Lodging

DALLAS, Texas—Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a.5 percent increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2 percent in August.

article thumbnail

Aldar Adds to Saadiyat Cultural District’s Exceptional Luxury Living with Launch of Mandarin Oriental Residences

Hospitality Net

Aldar, the UAE’s leading real estate developer, investor, and manager, today announced the launch of Abu Dhabi’s first-ever Mandarin Oriental Residences, located within Saadiyat Cultural District. Designed by Bjarke Ingels Group, the 226 unique and luxurious residences will be managed by Mandarin Oriental Hotel Group and sales launch on 21 November 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Goa’s Tourism Drop: Fewer Foreign Visitors, Rising Complaints, and Tougher Competition

Skift Blog

Skift Take: Goa is trying to be about more than just its beaches. However, with low international tourism numbers, it has a lot of work to do to dig out of its hole.

Tourism 216
article thumbnail

Peter Island Resort Set for December Debut in the British Virgin Islands

Hospitality Net

Peter Island Resort, the largest private island resort in the British VirginIslands, is pleased to announce its official opening December 1, 2024. Since its closure in 2017, the resort has undergone a reimagining that has transformed the property to a new level of luxury. In addition to relocating the heart of the resort to the island’s spectacular stretch of Deadman’s Beach, guests of the new Peter Island resort will find stunning new beachfront rooms and suites, two impeccably redesigned villa

Resorts 210
article thumbnail

Don't Let AI Pass You By: The New Era of Personalized Sales Coaching & Development

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!

article thumbnail

Need Inspiration For Your Hospitality Brand? Look to Bangkok 

Skift Blog

Skift Take: Bangkok is where some of the most inspiring development is happening. Anyone in the hospitality business should take note.

article thumbnail

Shaping Jordan’s Culinary Future Through Youth Empowerment

Hospitality Net

Did you know that Jordan’s hospitality industry is one of the fastest-growing in the Middle East, with a projected annual growth rate of over 5%? In the heart of this thriving sector is the Royal Academy of Culinary Arts (RACA), a pioneering institution driving excellence in culinary education.

More Trending

article thumbnail

2024 Tripadvisor Winter Travel Index: A Thriving Winter Season Ahead, Sparked by Holiday Celebrations and Seasonal Joy

Hospitality Net

More than half of Americans (57%) are preparing for winter travel, with 96% of them planning to travel as much or even more than last winter, according to Tripadvisor’s Winter Travel Index released today. Seasonal data from the world’s largest travel guidance platform shows the majority (91%) will embark on trips for specific seasonal celebrations, such as winter festivals and activities, typically spending between 3 to 7 nights away from home to fully embrace the holiday cheer.

Travel 191
article thumbnail

This Plane is About to Change the Industry — Are Passengers Ready?

Skift Blog

Skift Take: The Airbus A321XLR looks set to reshape the economics of international flying for airlines and provide greater point-to-point connectivity.

Business 197
article thumbnail

The Bellevue, Philadelphia’s Grande Dame Hotel, Reawakens After 120 Years

Hospitality Net

The Bellevue, Philadelphia’s Grande Dame hotel of the 21st Century, reawakens 120 years after her founding - with a season of debuts throughout 2025. Heralding Philadelphia’s vivacious energy, distinctive culture and remarkable sense of community, The Bellevue is a timeless adoration of the city, inviting global travelers and rooted locals back to Center City to experience her living heritage.

Hotels 189
article thumbnail

Atrium Hospitality Shares Graduates of Inaugural WomenRISE Class

Lodging

ALPHARETTA, Georgia—In celebration of National Career Development Month in November, Atrium Hospitality announced the graduation of the inaugural class of WomenRISE, the company’s female hotel general manager development program. WomenRISE kicked off in February 2024 and wrapped up in October of this year. Work is underway to select the next group of future GMs for career development in 2025.

article thumbnail

How to Stay Competitive in the Evolving State of Martech

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

article thumbnail

Grand Mercure Debuts in Goa

Hospitality Net

Grand Mercure Hotels & Resorts, renowned for celebrating national culture and stimulating the senses, is pleased to announce the inauguration of Grand Mercure Goa Candolim - an exquisite new addition to Goa’s picturesque landscape. Nestled in the lively heart of Candolim, the 87-room hotel invites guests to connect with the destination’s national heritage through locally inspired dishes, beverage ceremonies, wellbeing traditions, and thoughtful design.

Resorts 171
article thumbnail

New Research: How Asia’s Middle Class Is Shaping Global Travel

Skift Blog

Skift Take: A recent survey from Expedia Group highlights the travel preferences and potential of Asia’s emerging middle class, presenting a significant opportunity for travel brands to create new experiences tailored to this growing demographic.

Travel 157
article thumbnail

Banyan Group Launches ‘Rewilding Banyan Fund’, Strengthening Commitment to Responsible Stewardship

Hospitality Net

In celebration of its 30th anniversary, Banyan Group, a global leader and pioneer in sustainable hospitality, is pleased to announce the establishment of the Rewilding Banyan Fund. Starting today, USD $1 for every direct booking of Banyan Group’s hotels and resorts will be pledged to the new fund, supporting long-term rewilding efforts to restore natural habitats in destinations where the Group operates.

Resorts 159
article thumbnail

Choice Hotels Details Cambria Brand Growth With Three Openings

Lodging

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. continued growth in the upscale segment with three new Cambria Hotel openings and two groundbreakings this fall. The recently opened properties, located in Imperial, California; Pigeon Forge, Tennessee; and Spokane, Washington, and upcoming groundbreakings in O’Fallon, Missouri and Bend, Oregon, introduce Cambria into new markets.

Branding 147
article thumbnail

Beyond the Basics: How to Develop and Retain a Top-Performing Sales Team

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.

article thumbnail

World of Hyatt and Headspace Launch New Series to Help Travelers Find A Good Night’s Sleep

Hospitality Net

Hyatt’s award-winning loyalty program, World of Hyatt, in collaboration with Headspace, the world’s most accessible and comprehensive mental health platform, today debuts a new exclusive video series, Headspace’s Science Behind Sleep, presented by World of Hyatt, extending care for guests and members by providing access to expert and science-backed tips on how to get better sleep while traveling.

Travel 139
article thumbnail

CoStar: U.S. Hotel Industry Reports Negative Year-Over-Year Performance

Lodging

WASHINGTON—As projected for election week, the U.S. hotel industry reported negative year-over-year performance comparisons, according to CoStar’s latest data through Nov. 9, 2024. U.S. Hotel PerformanceNovember 3-9, 2024Percentage change from comparable week in 2023:Occupancy: 62.6 percent (down 3.5 percent)ADR: $156.11 (down 0.1 percent)RevPAR: $97.73 (down 3.5 percent) Among the Top 25 Markets, Las Vegas saw the largest increases across each of the three key performance metrics: occupan

Occupancy 147
article thumbnail

Maximizing Share of Voice and Prioritizing Direct Bookings: A Strategic Guide for Hotels

Hospitality Net

Share of voice (SOV) is essential for assessing brand visibility and engagement compared to competitors. This metric, (calculated by dividing your brand’s mentions by the total mentions in the market and multiplying by 100), offers insights into your brand’s positioning. By understanding the factors that shape the traveler’s path to purchase, hotels can refine their marketing strategies, increase direct bookings, and reduce dependency on third-party platforms.

article thumbnail

Hotels Embrace the Shift Toward Cultural Experiences

Skift Blog

Skift Take: Today’s travelers seek out cultural experiences, often choosing destinations that spark their curiosity. Hotel brands that empower guests to imagine themselves as locals will be well on their way to providing truly authentic cultural immersion.

Hotels 130
article thumbnail

ABM Evolution: How Top Marketers Are Using Account-Based Strategies

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.

article thumbnail

Accor Reinforces Partnership with Blue Dragon Children’s Foundation to Combat Human Trafficking

Hospitality Net

Accor, a world-leading hospitality group, is proud to announce the renewal of its cooperative partnership with Blue Dragon Children’s Foundation, a non-profit organisation working to eradicate human trafficking in Vietnam. The two organisations have signed a memorandum of understanding (MOU), which will further strengthen their collaboration in the fight against human trafficking in Vietnam.

article thumbnail

Four Seasons Hotel New York reopens

Hotel Business

Four Seasons Hotel New York in Midtown Manhattan has reopened. The hotel, housed in a 52-story, Art Deco building designed by famed architect IM Pei, had been closed since March 2020 at the onset of the pandemic, with renovations cited for the delay of the opening. “As the iconic Four Seasons Hotel New York makes its highly anticipated return, we are excited to celebrate alongside loyal guests and those who will enter its doors for the first time,” said Rainer Stampfer, president, gl

Hotels 101
article thumbnail

PM Hotel Group Expands Washington, DC Area Portfolio With Management of Three Hotels

Hospitality Net

PM Hotel Group, an industry leader in hospitality management, has been selected to assume management of three properties in the greater Washington DC area, including, Crowne Plaza Dulles Airport, Hotel Arboretum, and Fairfield Inn & Suites Washington, DC/New York Avenue, further expanding its portfolio of 86 hotels in 22 states.

article thumbnail

CBRE: U.S. hotel performance impacted by moderate summer demand

Hotel Business

Despite facing challenges from subdued summer demand and a sluggish third quarter, U.S. hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE ’s latest forecast. CBRE now forecasts a 0.5% increase in revenue per available room (RevPAR) growth for 2024, down from the previously estimated 1.2% in August.

article thumbnail

Diving into Diversity: Decoding the Foundations of Inclusion in Hospitality Talent Acquisition

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

article thumbnail

Inn 31 @ The Goose Kitchen & Bar

Webrezpro

Looking for a boutique stay? Try Inn 31 @ The Goose Kitchen & Bar. Situated in an original 1880 Kingston, Ontario homestead, their three suites blend historic charm with modern amenities (yes, there’s Wi-Fi!). Guests can borrow a bike to go exploring or nip downstairs for farm to table seasonal cuisine.

79
article thumbnail

Palette Hotels hires Greg Presnol as VP, operations

Hotel Business

Management company Palette Hotels has appointed Greg Presnol as VP, operations. In this role, he leads operational strategies for the company. He brings decades of hospitality experience to Palette, most recently serving as VP, operations at Aimbridge Hospitality, where he managed a portfolio of more than 110 hotels across multiple brands. In addition to Presnol, the company has added Jason Allan and Chris Torres as regional directors of operations.

Hiring 64
article thumbnail

How decision intelligence unlocks hotel data for better insights

Cloudbeds

For years, the gold standard guiding business strategies for hotels has relied heavily on historical data, analyzed a few times a year (at best), making it difficult to swiftly respond to changing market conditions. While better than operating without data, this approach is reactive and inefficient, resulting in missed opportunities. Thankfully, things are changing, and with the introduction of decision intelligence powered by next-generation AI , hotels will be equipped with the information the

Upsell 52
article thumbnail

U.S. hotel results for week ending Nov. 9

Hotel Business

As projected for election week, the U.S. hotel industry reported negative year-over-year (YOY) performance comparisons, according to CoStar’s latest data through Nov. 9. Nov. 3-9 (percentage change from comparable week in 2023): Occupancy: 62.6% (-3.5%) ADR: $156.11 (-0.1%) RevPAR: $97.73 (-3.5%) Among the top 25 markets, Las Vegas saw the largest increases across each of the three key performance metrics: occupancy (+6.8% to 85.4%), ADR (+28.2% to $256.38) and RevPAR (+36.9% to $219.07).

article thumbnail

ABM Success Recipe: Mastering the Crawl, Walk, Run Approach

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.

article thumbnail

Holiday Inn & Suites Parkway Conference Centre Re-Opens after Renovations

Hotelier Magazine

ST. CATHARINES, Ont. — Holiday Inn & Suites Parkway Conference Centre in St. Catharines, Ont. held a grand re-opening after its renovations, now converted to a dual-branded property with Staybridge Suites. Onsite amenities include a heated indoor pool, fitness centre, full-service restaurant, 30 lanes of bowling, arcade and laser tag at Parkway Social.

Sales 52
article thumbnail

U.S. group business shows highest overall index rating in four quarters

Hotel Business

Cendyn’s Sales Intelligence platform, previously known as Knowland, and Amadeus , a travel intelligence and technology provider for the travel industry, have released the metrics from the companies’ Hospitality Group and Business Performance Index. For the third quarter of 2024, the index shows an overall health metric of 107.9% year-over-year (YOY), showing the highest overall index rating in four quarters.

article thumbnail

Crosswater – innovating hotel bathroom design

Hotel Designs

Hotel Designs Crosswater – innovating hotel bathroom design Crosswater – innovating hotel bathroom design Increasingly, hotel bathrooms play a crucial role in shaping a guest’s overall stay, providing both functionality and indulgence through thoughtful, clever design – Crosswater talks us through several exciting trends in bathroom design that not only elevate the guest experience, but also align with sustainability and operational efficiency… As the hospitality industry

Hotels 52
article thumbnail

Kalibri Labs names Kristen Clark president/COO

Hotel Business

Kalibri Labs has appointed Kristen Clark as its new president/COO. With more than 20 years of experience scaling tech companies and transforming big data into efficient, actionable growth strategies, Clark’s leadership marks a new chapter as Kalibri Labs focuses on delivering innovative commercial strategies and profitability optimization for the hospitality industry, according to the company. “Kalibri Labs has built an incredibly unique dataset, and I’m excited to leverage this powe

Scale 59
article thumbnail

A Buyer’s Guide to Future-Proofing Your Restaurant Tech Stack

The race to 100% digital is on. With the restaurant industry still in the early innings of its digital transformation, brands need an airtight strategy when it comes to building out their tech stack. Download the buyer’s guide to learn where to prioritize your efforts and get the most out of every investment.