Hotel News Resource
February, 21 2019
Positive YOY Performance for US Hotel Industry for January 2019
US Hotel Occupancy Up 0.7 Percent to 54.8 Percent for January 2019
In January, U.S. hotels reported occupancy rose 0.7% to 54.8%, ADR increased 0.8% to $124.39 and RevPAR rose 1.5% to $68.13. Read More
Market Report U.S.
USmonthlyGDP™ on a Growth Path of (+3.9%) in January's US monthly GDP, USmonthlyGDP™, rose in January by an annualized month-to-month growth rate of 3.2% to $18,943 billion of chained 2012 dollars expressed at seasonally adjusted annual rates, following an increase of 5.7% in December. Read more
Convention Center Headquarters Hotels
HVS Report - Convention Center Headquarters Hotel Openings – Nine Cases in Point - By Erich Baum
Convention Center Headquarters Hotel Openings – Nine Cases in Point
In this article, the author reviews market data associated with the introduction of nine headquarters hotels from the past 16 years to provide insight into the impacts such openings have on their competitive sets’ performance. Read more
Sales And Marketing Expenses
Unit-Level Hotel Marketing: P&L Reveals Changes In Department Functions - By Robert Mandelbaum and Viet Vo
Unit-Level Hotel Marketing: P&L Reveals Changes In Department Functions
Technology, online intermediaries, social media, revenue management software, shared-services, and the proliferation of market intelligence reports have reshaped the way hotel Sales and Marketing Departments conduct business. These operational changes are evident when evaluating the expenses recorded within the Sales and Marketing Department on a property’s operating statement. Read more
RLH Corporation Development Update
RLH Corporation Expects to Execute 160 to 200 Franchise Agreements in 2019
Hotel RL Baltimore Inner Harbor
RLH Corporation Finished 2018 With 167 New Franchise Agreements Read more
Hotel Development Japan
Global Agents to Open New Lifestyle Hotel in Fukuoka
Global Agents to Open New Lifestyle Hotel in Fukuoka
Global Agents announced plans for a new series of lifestyle hotels called 'THE LIVELY.' The first location will open this July in Fukuoka City's bustling Hakata District and the company already has plans to open two more premium locations this year in Osaka and Tokyo. Read more
Hotel Development Switzerland
New Leonardo Hotel at Zurich Airport Announced for 2020
February 2020 will mark the entry of another Leonardo Hotel in Zurich located directly at the airport. The future hotel will be an addition to the existing Leonardo Hotels Swiss portfolio: Alden Suite Hotel Splügenschloss and the Leonardo Boutique Hotel Rigihof Zurich. Read more
Management Appointment Deutsche Hospitality
Martin Schrödl Named General Manager for the MAXX by Steigenberger Hotel Vienna
After spending a successful spell with the Deutsche Hospitality between 2009 and 2015, during which time he was Regional Director of Sales & Marketing for Austria and Eastern Europe, Martin went on to manage the Loisium Wine & Spa Resorts Langenlois. Read more
Management Appointment Kempinski
Nicolas Messian Named Hotel Manager for the Emirates Palace Hotel in Abu Dhabi
Messian, a French national, accomplished his studies at the famed École Hôtelière de Lausanne, before taking on senior positions at key five-star luxury hotels across the world stage. Read more
Investment Trends
Slowing Growth Leading Investors to Moderate Risk
Slowing Growth Leading Investors to Moderate Risk
Transaction volume expected to moderate by 10 percent in 2019 as real estate market performance fundamentals diverge. Read more

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In Brief...

Management Appointment Wyndham Destinations
Nigel Warwick Named Resort General Manager for the Ramada Resort by Wyndham Port Douglas

Hotel Opening Paris
Ascott Opens La Clef Champs-Élysées Paris As Part of the Crest Collection

Hotel Opening Vietnam
La Residence, Hue Opens in Vietnam

Hotel Opening Turkey
YOTEL Istanbul Airport to Open in March

Hotel Opening Chicago
Home2 Suites by Hilton Chicago River North Opens

Hotel Opening Scotland
Staybridge Suites Dundee Opens in Scotland

Hospitality People
A Kiwi Hotelier's Indian Odyssey

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