U.S. hotel industrywide house profit reached $80 billion in 2018 even as labor costs increased at a higher rate than revenues.
Located in the town of Peguera in the island of Mallorca, the resort is the first Secrets Resorts & Spas to debut in Europe and the latest milestone in the companys ongoing European expansion.
With 168 hotels comprising 23,324 rooms in construction through April, Central and South America's number of rooms in construction is down 5.3% year over year.
The number of hotels in construction in the Caribbean and Mexico region is up 30.7% year over year through April with a total of 131 hotels comprising 29,187 rooms.
TRAVELNET Solutions today announced a new partner integration with VacayHome Connect, allowing vacation rental managers using TRACK Hospitality Software for property management to distribute their rental inventory through leading booking channels.
This opening follows a transformation of the hotel, with major capital investment going into the project to upgrade and rebrand the former Radisson Blu property.