Will Marriott Data Breach Herald the Death of Personalization? - PhoCusWright

Because of the size of the breach and the underlying issues that may have caused it, many may point to the hotel sector's drive towards personalization and trigger a major rethink.

Hyatt Regency Tirana Hotel Announced for Albania

Hyatt Hotels Corporation (NYSE: H) announced today that a Hyatt affiliate has entered into a management agreement with Kastrati Hotels & Tower shpk for the first Hyatt-branded hotel in Albania. The 151-room Hyatt Regency Tirana is expected to open in late 2019

Hospitality 3 Announces Newest Location of Its Study Hotels Brand - The Study at University of Chicago

Study Hotels is continuing their expansion into prominent university markets with its third property, The Study at University of Chicago. The new hotel plans to open its doors to guests in the first quarter of 2021.

Festival Fever Fuels Strong Profit Growth For Europe's Hotels in October

European hoteliers had cause for celebration in October, as hotels recorded a 6.1-percent year-on-year increase in profit per room. Performance was boosted by a number of major festivals hosted in key cities, according to the latest data tracking full-service hotels from HotStats.

Residence Inn by Marriott Near the United States Army War College Sold

The 78-suite Residence Inn by Marriott Harrisburg Carlisle five minutes from the U.S. Army War College.

U.S. November Unemployment Rate Unchanged At 3.7%

Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.

Hotel Industry News

Vail Resorts Reports Fiscal 2019 First Quarter Results and Season Pass Results
December, 7 2018
Net loss attributable to Vail Resorts, Inc. was $107.8 million for the first fiscal quarter of 2019 compared to a net loss attributable to Vail Resorts, Inc. of $28.4 million in the same period in the prior year. Fiscal 2019 first quarter net loss included the after-tax effect of acquisition and integration related expenses of $4.9 million and an incremental loss of $3.6 million from off-season operations at the resorts acquired during the quarter, as well as approximately $1 million of headwind from currency translation related to operations at Perisher. continue reading →

HSMAI Successfully Launches The First ROC Middle East in Dubai
December, 7 2018
This was ROC’s fifth global event of the year, other ROC locations include The United States, The Netherlands, Singapore, and Brazil. ROC’s hugely successful launch at Madinat Jumeirah brought together Revenue Management, Distribution, Sales and Marketing executives in the hotel industry with a programme compiled of education, collaboration and innovation. continue reading →