In year-over-year comparisons for the week, occupancy rose 8.1 percent to 37.3 percent, average daily rate increased 2.7 percent to US$89.48 and revenue per available room finished the week with an increase of 11.0 percent to US$33.39.
In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with an 11.7-percent increase to 31.4 percent, its average daily rate rose 3.4 percent to CAD$111.46 and its revenue per available room increased 15.6 percent to CAD$34.97.
New analysis compiled by NewYorkHotels.org has found that a few hotel rooms are still available in and around the Big Apple, but only if revelers are willing to pay sky-high prices.
As we end the year and begin the next, it is often positive to reflect on the year’s events and how they impacted us.
Donald J. Trump will be a featured Tuesday keynote speaker in the Center Court series at the Americas Lodging Investment Summit (ALIS) on Tuesday, January 24 in the Nokia Theatre in Los Angeles. ALIS will be held January 23-25, 2012, in Los Angeles at the JW Marriott and Nokia Theatre at LA LIVE.
Benchmark Hospitality International announced the Tokyo Conference Center Ariake, the company’s second non-residential conference center in Japan. Alex Cabañas, president business development & finance, made the announcement, together with Ms. Kozue Honda, managing partner of Benchmark Japan’s operations.
The hotel chain recently launched a 15-Minute Room Service at 86 hotels and resorts worldwide.
HVS and ESSEC surveyed the French hotel market and gauged investment and lending parameters used. This article reports the results of the participants’ expectations. Lending and investment parameters will be reported in a forthcoming article.
Expedia hopes to bust into the hotel review space dominated by giant TripAdvisor by emphasizing verified reviews.
Revolutionary sales & catering tool chosen for accessibility, value
Some important project details are currently confidential - the name of the owner and developer, for example - but information released by Miami-based Oppenheim Architecture + Design indicates that a 244-room, 440-foot high hotel is in the pipeline for the Williamsburg neighborhood of Brooklyn, N.Y.
Hoteliers in London recorded another month of yearon- year decline in profit per room as total revenue levels in the capital dropped for only the second time in 2011, according to the latest HotStats survey of approximately 550 full-service hotels across the UK by TRI Hospitality Consulting.
Budapest, Istanbul and Paris registered strong increases in profit per room for November led by robust yearon- year growth in achieved average room rate, according to the latest HotStats survey by TRI Hospitality Consulting.
Shangri-La wins bid to acquire government property on Hung Luen Road at Hung Hom Bay, Traders Hotel To Open in 2015
Washington School House, a National Historic Registry landmark built in 1889, announced its official opening today as Park City's most exclusive luxury boutique hotel.
IHG (InterContinental Hotels Group) [LON: IHG, NYSE: ] announces the opening of the new Holiday Inn North Phoenix, which recently underwent a conversion from a Ramada Plaza hotel.
Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada.
Touristlink.com announces the launch of a new social platform to let business and organizations create social profiles and interact with travelers in a value-added environment, rich with relevant up-to-date content and targeted reviews.
Radisson Blu Park Hotel, Athens - 152-room property is Rezidor's first in Greece
Hyatt Hotels Corporation (NYSE: H) and Abu Dhabi National Exhibitions Company (ADNEC) announced the opening of Hyatt Capital Gate Abu Dhabi – located at the city’s premium business address on the top floors of the iconic Capital Gate building, which leans a record-breaking 18 degrees.
DoubleTree by Hilton has announced the addition of its latest hotel location in the Southwest U.S. – the DoubleTree by Hilton Santa Fe in New Mexico.
In year-over-year measurements, the Canadian hotel industry’s occupancy ended the week with a 6.9-percent increase to 49.7 percent, its average daily rate rose 3.1 percent to CAD$118.47 and its revenue per available room increased 10.2 percent to CAD$58.84.
Tennessee—The Americas region recorded positive results in the three key performance metrics when reported in U.S. dollars for November 2011, according to data compiled by STR and STR Global.
The Middle East/Africa region reported mostly negative performance results during November 2011 when reported in U.S. dollars, according to data compiled by STR Global.
Hotels in the Asia/Pacific region experienced positive results in the three key performance metrics during November 2011 when reported in U.S. dollars, according to data compiled by STR Global.
The European hotel industry posted positive results in year-over-year metrics when reported in U.S. dollars, euros and British pounds for November 2011, according to data compiled by STR Global.
In year-over-year comparisons for the week, occupancy rose 5.9 percent to 49.0 percent, average daily rate increased 4.2 percent to US$95.35 and revenue per available room finished the week with an increase of 10.4 percent to US$46.71.
Marriott International, Inc. (NYSE: MAR) announced it would develop a 150-room Courtyard by Marriott Lima, under a management agreement with Inversiones La Rioja, S.A., owners of the JW Marriott Lima in the nearby Miraflores district, and the new JW Marriott Cusco, set to open in 2013.
Featuring 168 rooms, the property is located in the center of the city, alongside the famous Batumi Boulevard.
IHG (InterContinental Hotels Group) [Lon: IHG; NYSE: IHG], announced the expansion of booking solutions across the Android platform with the Priority Club® Rewards app for Kindle Fire, Google TV and Android™ Tablets.
Morgans Hotel Group Co. (NASDAQ: MHGC) announced that it has entered into a hotel management agreement for an approximately 128-room Mondrian-branded hotel to be located in the Old City area of Istanbul, Turkey. This hotel is expected to be the seventh Mondrian hotel in the expansion of the Company's iconic brand.
Robin Graf has been appointed Vice President of Operations. In his new role, Mr. Graf will be responsible for daily hotel and resort condominium operations for Castle Resorts & Hotels and its portfolio of 22 properties in the Hawaiian Islands, Saipan, and New Zealand.
The Radisson Blu Hotel, Bristol, part of the rapidly-expanding Rezidor Hotel Group, has appointed Christopher Peach as the General Manager of the Radisson Blu Hotel, Bristol. Christopher brings managerial experience and a range of other hospitality-related skills to the position.
Following intensive negotiations with a number of national and international hotel operators, Bayerische Hausbau GmbH & Co. KG, a wholly owned subsidiary of the renowned Schörghuber Group, has assigned 25hours, a member of Design Hotels, with the operating agreement for the planned 4-star hotel project in the Bikini Berlin development in City West.
Overlooking the village of Baie du Cap, Hotel Missoni Mauritius will boast 80 luxury suites with unobstructed views of the ocean and the islands unrivalled beaches. It is scheduled to welcome the first guests in 2014.
As 2011 comes to a close, commercial real estate investors continue to seek buying opportunities with the office market gaining increasing interest, despite a mixed bag of improving commercial real estate fundamentals, according to the fourth quarter 2011 findings of the PwC Real Estate Investor Survey, released today.
Generous giving with a Green benefit could be no greater gift or attitude during the holidays or any day of the year for that matter. And, that is exactly what hotels on the Strip in Las Vegas are doing – gathering all the leftover/used shampoos, body lotions and soaps in guest rooms and giving them to an organization called Clean the World to recycle and redistribute these toiletries to the global community in need of improved hygiene and health. There are no hooks, deals, discounts, flash or odds.
Overall, the U.S. hotel industry’s occupancy rose 4.7 percent to 55.7 percent, its average daily rate was up 4.3 percent to US$100.85 and its revenue per available room increased 9.2 percent to US$56.17.
The fall 2011 Roundtable season at the Center for Hospitality Research (CHR) at the Cornell School of Hotel Administration was capped by the third Sustainability Roundtable and the inaugural Roundtable on Healthcare and Hospitality. Both sessions aimed at breaking down barriers to progress and putting emphasis on the key elements that will advance the industry.
This past weekend I concluded a Fall semester course I have taught for Cambridge College, called Human Resources Management. The college reaches out primarily to adults and has a very large population of international students and immigrants, so the classes tend to be a wonderful integration of cultures, opinions, energies and perspectives – a far cry from your typical undergraduates. Two students chose to present their research on where the Human Resources discipline would be in the year 2025 and beyond, and, their results painted a broader picture for business in general and, particularly, how we conduct that business. Hospitality has a real opportunity here to shine!
Hotel Internet Marketing Company Wins Summit Award for Sugar Bay Resort and Spa
DoubleTree by Hilton announced that two of Central London’s largest hotels have officially joined the upscale, full-service hotel brand with the opening of the DoubleTree by Hilton London-Tower of London and DoubleTree by Hilton London-Westminster.
A cadre of some of the brightest sales and marketing minds in the hotel industry recently gathered in Washington D.C. for a Chief Sales Officer (CSO) roundtable organized and hosted by the Hospitality Sales and Marketing Association International (HSMAI) and the HSMAI Foundation.
As hotel sales and marketing communications have evolved, so have the approaches to client relationships used by sales managers and marketing directors become more intricate and interconnected. Today, our clients are more like socially connected “friends” than traditional clients. And the sales philosophy of old , when hotels were calling the shots – has done a back flip to one that is totally market driven.
Earlier this summer when Google launched Google+, its social networking site, it was only open to individuals. Last month Google+ announced it was available to businesses and brands are beginning to embrace it.
STR Global issued it's 2011 Global Construction Pipeline Report update for November:
Jones Lang LaSalle Hotels released its research study Manhattan Hotel Rooftop Bars and Penthouses – December 2011, which reveals fascinating insights into the impact rooftop bars can have on hotels in the Big Apple.
IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG] announces the opening of the new Holiday Inn Express Atlanta I-85 Clairmontafter a $1.4 million conversion from a Wingate by Wyndham hotel. The hotel underwent updates to the exterior, public areas and all guestrooms.
GDS Promotional Messages Most Effective Way to Reach and Influence Travel Agents at Point of Sale
The Ritz-Carlton, Vienna is owned by an investor represented by Verny Capital. Earlier this year, they also completed the acquisition of The Ritz-Carlton, Moscow.