Fri.Feb 02, 2024

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CBRE: Investors to Purchase More U.S. Commercial Real Estate in 2024

Lodging

DALLAS—Investors are poised to purchase more U.S. commercial real estate in 2024 as they anticipate improved credit conditions as interest rates fall later this year, according to the findings of CBRE‘s latest U.S. Investor Intentions Survey. The survey, which covers all asset types, showed improved investor sentiment, with 60 percent planning to expand their real estate portfolios in 2024 versus just 16 percent in the previous year.

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How India and the Middle East Will Define Travel in 2024

Skift Blog

Skift Take: This week’s podcast looks closer at the evolving dynamics of travel in India and the Middle East, highlighting the intersection of cultural influence, economic changes, and strategic marketing.

Travel 274
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Glamorous Silversands Grand Anse Introduces Silversands Beach House Grenada

Hospitality Net

Opened on 1st February 2024, Silversands Beach House Grenada - sister property to the glamorous Silversands Grand Anse and the brand’s latest endeavour in the Caribbean - is set to further cement Grenada’s status as the go-to Caribbean island this year.

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Tina Fey and Glenn Close Star in Booking.com Super Bowl Commercial

Skift Blog

Skift Take: Barring last-minute entries, Booking.com may be the only travel company advertising nationally during Super Bowl 2024. However, given that Booking.com's annual sales and marketing spend exceeds $7 billion, the expense is certainly doable.

Closing 269
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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!

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The Pfister Hotel Begins the Next Phase of Extensive Renovations

Hospitality Net

The hotel’s historic guest rooms will be completely reimagined as part of the hotel’s $20 million reinvestment.

Hotels 256
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Heart Aerospace Raises $107 Million for Hybrid-Electric Airplane: Startup Funding Roundup

Skift Blog

Skift Take: The jury is still out on whether either of these sectors will be able to carve a secure space in the industry.

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More Trending

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4 Rules to Help Your Salespeople Have Better Initial Calls

Anthony Cole Training

How important is it that you or your sales team close more business, more quickly at higher margins? We can guess that it is pretty important.

Closing 237
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"Elevators to Your Doorstep.Experience GAEMI Hotel Delivery Service Robots"

Hospitality Net

The Indoor service robot stands in front of the elevator.the arm mounted on the top of the robot unfolds and the elevator button is pressed.then there is also a knock at the door.

Services 238
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First Look: The New Seats Coming Soon to Southwest Airlines

Skift Blog

Skift Take: Southwest said it is refreshing its cabins, opting for the slimmer and more lightweight Recaro seats.

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Accor announces two new hotels in Sanya Yalong Bay, with Swissôtel and Grand Mercure opening in 2024

Hospitality Net

The popular, family-friendly brands will create a vibrant dual-branded resort complex at the tropical paradise on Haina Island.

Resorts 233
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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

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3 Charts That Show Hotel Prices Will Keep Rising in 2024

Skift Blog

Skift Take: Goodbye double-digit growth? Hotel prices soared post-pandemic, but with inflation cooling and travel normalizing, 2024 poses the question: Can pricing strength hold? We think so.

Hotels 220
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Mexico’s Baja California Peninsula Welcomes 10-Key Boutique Property, Todos Santos Boutique Hotel

Hospitality Net

Set within a masterfully renovated historic estate, Todos Santos Boutique Hotel Brings Elevated Luxury to the Baja Peninsula's first "Pueblo Magico"

Hotels 230
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Asia Is Poised to Lead Travel’s Recovery in 2024

Skift Blog

Skift Take: Today's podcast looks at Asia's growth in 2024, Frontier's biz class beliefs, and Royal Caribbean's answer to Vegas and Orlando.

Business 184
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DAZN Selects PPDS – Teaming Up to Bring the World’s Largest Sports Streaming Platform to Hotel Rooms Exclusively on Philips MediaSuite TVs

Hospitality Net

New partnership sees Philips MediaSuite from PPDS become the first dedicated hospitality TV to feature the DAZN app – used by more than 300 million people monthly – bringing more than 30,000 live sports and entertainment events to hotel rooms around the world, for the first time.

Events 225
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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.

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Choice Hotels Breaks Ground on Six Everhome Suites

Lodging

NORTH BETHESDA, Maryland—Choice Hotels International, Inc. broke ground on five Everhome Suites in Amarillo, Bastrop, Brownsville, El Paso, and Waco, Texas; and one groundbreaking in Yuma, Arizona. “With over 60 Everhome Suites in our pipeline and six new groundbreakings across the Southwest, Choice continues to capture growing demand for extended stay properties in the region.

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Condé Nast Traveller Announces 2024 Wellness & Spa Award Winners

Hospitality Net

This week Divia Thani, Global Editorial Director, Condé Nast Traveller and Simon Leadsford, Publishing Director, hosted Condé Nast Traveller’s Wellness & Spa Awards for 2024 in association with Healing Holidays. The event took place at Mandarin Oriental Park Lane, London and the full guide accompanies the March issue of Condé Nast Traveller.

Travel 225
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Mainsail Lodging & Development Expands Executive Team

Lodging

TAMPA, Florida—Mainsail Lodging & Development announced the expansion of its executive leadership team with the appointment of Lisa Conner as chief financial officer, alongside four other executives. The recent appointments include Ben Miele as director of accounting; Lori Nelson as paralegal; Bria Jones as corporate recruiter; and Netta Katz as reservation manager.

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IHCL Announces Financial Results for Q3 Fy 2023-24 - Marks 7 Consecutive Quarters of Record Performance

Hospitality Net

The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for the third quarter ending December 31st, 2023.

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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.

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Four Seasons Resort Rancho Encantado Santa Fe Announces Revitalization

Lodging

SANTA FE, New Mexico—Four Seasons Resort Rancho Encantado Santa Fe announced a multimillion-dollar revitalization—the first in the resort’s history—of all guestrooms and suites with the introduction of sustainability-focused landscaping. The revitalization will be conducted in three phases in an effort not to impact the guest experience and is anticipated to be completed this spring.

Resorts 162
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ibis Styles Paignton opens on The English Riviera

Hospitality Net

The first UK opening for the brand in 2024.

Branding 219
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CoStar: U.S. Hotel Performance Increases, Comparisons Stay Mixed

Lodging

WASHINGTON—U.S. hotel performance increased from the previous week, while year-over-year comparisons remained mixed, according to CoStar’s latest data through Jan. 27, 2024. U.S. Hotel Performance January 21-27, 2024 Percentage change from comparable week in 2023:Occupancy: 56.2 percent (down 0.3 percent)ADR: $149.76 (up 5.1 percent)RevPAR: $84.13 (up 4.8 percent) Among the Top 25 Markets, Las Vegas saw the largest year-over-year increases in each of the three key performance metrics: occupancy

Occupancy 162
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Is 2024 the year for robots in hotels?

Hospitality Net

It has been almost 9 years since the Henn na Hotel opened in Nagasaki Japan. The first all robot staffed property in the world opened a fascinating window into a potential future, but ultimately the impact on the industry as a whole was limited.

Hotels 208
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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

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IHCL’s Expansion Plans: 2 New Brands Launching, 2 Hotels Opening Every Month

Skift Blog

Skift Take: IHCL's strategic focus on Tier 2 and Tier 3 cities indicates a market expansion aligning with India's burgeoning middle class. While this helps meet evolving consumer demands it also ensures that the company grows beyond metropolitan areas.

Branding 130
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Visual Matrix Unveils Onscreen Guidance Tool to Enhance User Experience with Cloud PMS Software

Hospitality Net

Visual Matrix, a leading provider of innovative cloud-based Property Management System (PMS) solutions, announces the launch of an enhanced Onscreen Guidance Tool, designed to accelerate the learning curve and improve user experience with their Cloud PMS software.

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Melote House – Lepogo Lodges’ new exclusive-use safari lodge

Hotel Designs

Hotel Designs Melote House – Lepogo Lodges’ new exclusive-use safari lodge Melote House – Lepogo Lodges’ new exclusive-use safari lodge Joining the brand’s well-established Noka Camp, Melote House has officially opened its doors, set within South Africa’s pristine Lapalala Wilderness Reserve… Lepogo Lodges , an entirely not-for-profit safari lodge in the heart of the Limpopo Province, has unveiled its second property, Melote House – a brand new exclusive-use safari lodge, sleeping 16.The h

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Kimpton Hotel Monaco Salt Lake City Unveils New Aesthetic Following Complete Renovation

Hospitality Net

Salt Lake City hotel reopens after a months-long renovation with new design and modern cocktail lounge.

Hotels 196
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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.

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Unlocking the potential of data in the hospitality industry

Hotel Designs

Hotel Designs Unlocking the potential of data in the hospitality industry Unlocking the potential of data in the hospitality industry Founder of DataThinkLab , Melanie Rozencwajg, is on a mission is to help boutique hotels and chains unlock the potential of their data. In a series of articles for Hotel Designs Rozencwajg talks us through some of the tech touchpoints to get data to maximise your creativity… In an era where data is often likened to new oil, the hospitality industry faces a s

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Communication in the hospitality industry

Hospitality Net

Communication in the hospitality industry is the cornerstone of delivering exceptional guest experiences and smooth operational functionality. It encompasses a wide range of interactions, from front-of-house dialogue with guests to back-of-house coordination among staff. It’s about exchanging information, but also building relationships, understanding guest needs, and ensuring an effective workflow within the hotel team.

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HB on the Scene: Thom Geshay on Davidson’s 50th anniversary

Hotel Business

Christina Trauthwein , VP, content and partnerships, Hotel Business , joins Thom Geshay , CEO/president, Davidson Hospitality , to discuss the management company’s 50th anniversary, dealing with the labor shortage and more. The post HB on the Scene: Thom Geshay on Davidson’s 50th anniversary appeared first on hotelbusiness.com.

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New Report by Travelodge Unveils 2024 Travel Trends: It’s All About Location and Value

Hospitality Net

Earlier this week, Travelodge, the UK’s first budget hotel brand, has released its latest Travel Report which delves into the upcoming holiday travel trends for 2024, as voted for by the nation.

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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.