Hotel News Resource
April, 30 2019
U.S. Hotels Enjoy Profit Growth, But It Is Becoming Harder To Achieve
U.S. Hotels Enjoy Profit Growth, But It Is Becoming Harder To Achieve
While U.S. hoteliers enjoyed a ninth consecutive year of increasing profits in 2018, it is becoming increasingly difficult for managers to accomplish this task. According to the recently released 2019 edition of Trends® in the Hotel Industry by CBRE Hotels Americas Research, total operating revenue increased by 2.6 percent in 2018 for the average hotel in its survey sample. Read More
Hospitality Financial Leadership
Investing in Financial Leadership in Your Hotel - By David Lund
CFO to CEO: 'What happens if we invest in developing people and they leave?' CEO: 'What happens if we don’t and they stay?' Read more
Hotel Industry Performance Middle East And Africa
Hotels in the Middle East Reported Mixed Q1 2019 Results
Hotels in the Middle East Reported Mixed Q1 2019 Results
In March, hotels in the Middle East reported occupancy rose 0.9% to 71%, but ADR dropped 8.8% to $148.43 and RevPAR decreased 7.9% to $105.33. Hotels in Africa saw occupancy increase 1.2% to 59.4%, ADR rise 2.2% to $116.64 and RevPAR grow 3.5% to $69.31. Read more
Market Report Canada
Canadian Hotel Occupancy Down 0.5 Percent to 56.7 Percent For Q1 2019
Mostly Positive YOY Performance for Canadian Hotel Industry Q1 2019
Revenue per available room up 0.7 Percent to CAD84.24 Read more
Hotel Industry Performance Mexico
Hotel Industry in Mexico Reports Negative Results for Q1 2019
Hotel Industry in Mexico Reports Negative Results for Q1 2019
Mexico's hotel occupancy dropped 4.9% to 61.9% in the first quarter of 2019 while ADR declined 2.4% to 2,554.40 Mexican pesos ($134.40) and RevPAR decreased 7.2% to 1,582.40 pesos ($83.26). Read more
The Future Of Hospitality
Research - Drivers of Change in Hospitality
Research - Drivers of Change in Hospitality
The end of room types, robots at the concierge and achieving ‘cult status’: new Amadeus-IHG research asks if this is the future of hospitality? Read more
The Modern Casino Resort
The Modern Casino Resort: An Event and Meetings Hot-Spot - By Lauren Hall, Founder & CEO, IVvy
Casino resorts have long been known as the ultimate one-stop shop for some of the best accommodations, food, entertainment that a given city has to offer. Bright lights, delicious food, local flair, incredible entertainment, lavish lobbies and luxury accommodations – these are just a few of the trademark elements that have attracted individuals and groups to casino resorts over the years. With this in mind, it’s no surprise that modern casino resorts have become something of an event and meetings hot-spot. Read more
Global Partnership Agreement
IHG Signs Agreement with KSA Based Seera Group
Partnership will give Seera Group (formerly Al Tayyar Travel Group) access to IHG’s global portfolio of over 5,600 hotels Read more
Hotel Development Saudi Arabia
Hyatt Plans to Double Its Brand Footprint in the Kingdom of Saudi Arabia by 2023
Park Hyatt Jeddah
Hyatt Hotels Corporation (NYSE: H) announced today that it expects the number of Hyatt hotels in Saudi Arabia to double, with five additional Hyatt branded hotels to open by 2023, adding approximately 1,300 rooms to the region. Read more
Hospitality Social Media News
Hospitality Social Media Marketing News - April 29, 2019 Issue
Hospitality Social Media Marketing News - April 29, 2019
We’re getting closer to our peak busy season in the hospitality industry, so now isn’t the time to be slacking on the latest and best in social media. We’re here to help with that, so check out these new social media marketing updates and how they can impact hotels and resorts. Read more
Instagram Influencing 'Half of Holidaymakers' Choices' - Travel Weekly
Instagram Influencing 'Half of Holidaymakers' Choices'
More than half of 18-65-year-olds booked their holidays based on Instagram posts, new research has found. Read more
Crisis Management
This Won’t Happen to Us - By Paul Frederick
Organizations must no longer think, 'This won’t happen to us.' Recent events remind us that we have an obligation, to our staff, membership, guests and attendees, to have a program in place that will mitigate risks, knowing we are vulnerable to certain crises and that we must be prepared for them. Read more

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In Brief...

Hotel Development Dubai
Hyatt Announces Plans for Andaz Dubai The Palm

Hotel Opening Process
Choice Hotels Launches Online Resource to Help Make Hotel Opening Process More Seamless For Franchisees

Management Appointment American Hotel Income Properties
Bruce Pittet Named Senior Vice President, Asset Management & Chief Operating Officer for American Hotel Income Properties

Hotel Opening Pennsylvania
216 Room Holiday Inn Lancaster Hotel Opens in Lancaster, Pennsylvania

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