Hotel News Resource
September, 19 2019
 
 
 
Managing RevPAR For Profits
 
Managing RevPAR For Profits - By Robert Mandelbaum and Bram Gallagher Ph.D.
 
In recent years, the role of the revenue manager has expanded. Revenue managers are now charged not to just maximize revenue, but profits as well. With the aid of multiple data sources, sophisticated models, and article intelligence, revenue managers have mastered the science of maximizing revenue. However, they are still learning to master the maximization of profits. Read More
 
Market Report U.S.
US Hotel Occupancy Flat at 71.4 Percent for August 2019
US Hotel Occupancy Flat at 71.4 Percent for August 2019
 
RevPAR up 0.9 Percent to US$94.55 Read more
 
UHF-RFID Linen System
Aspen’s Most Anticipated Hotel, W Aspen is Now Officially Open Using the InvoTech Linen System
W Aspen
 
W Aspen uses the latest RFID technology to track their high-quality linens from day one Read more
 
Business Intelligence Solution
FIVE Jumeriah Village Dubai Adds Revintel® to Their Hotel Tech Stack
 
revintel® is a cloud-based solution which combines data from disparate systems to generate actionable insights designed to accelerate revenue growth. The business intelligence tool provides properties, hotel management groups, owners and asset managers with detailed visibility into leading and lagging revenue-oriented data across their entire profile. Read more
 
Guest Intelligence Program
4 Critical Data Pillars for Building a Guest Intelligence Program - By Terri Miller, Chief Executive Officer & Co-Founder Concilio Labs
 
The demand for guest personalization is not losing its significance any time soon, and hoteliers are coming up with increasingly inventive ways to capture data and leverage guest intelligence technology to advance hotel-guest relationships. Read more
 
Venue Management
Offering Awesome Event Spaces for Event Planners - By Lauren Hall, Founder & CEO, IVvy
Offering Awesome Event Spaces for Event Planners
 
What makes the perfect venue space? This is the precise question which keeps planners up at night, as they vet prospective properties to bring events to life. Location, amenities, customizable packages, rates, unique offerings - these are all factors which separate one venue space from the next, laying the foundation for a truly memorable, share-worthy event. Read more
 
The Connected Room
Hilton Introduces IHeartRadio to Its Connected Room Platform
Hilton Introduces IHeartRadio to Its Connected Room Platform
 
New enhancement will allow Hilton guests to stream music, local radio stations and podcasts straight from their Connected Room Read more
 
Park Hotels Chesapeake Lodging Trust Merger
Park Hotels & Resorts Inc. Completes Acquisition of Chesapeake Lodging Trust for $2.5 Billion
Park Hotels & Resorts Inc. Completes Acquisition of Chesapeake Lodging Trust
 
The announcement follows approval of the transaction by Chesapeake’s shareholders at a special meeting of Chesapeake shareholders held on September 10, 2019. Based on Park’s closing stock price as of September 17, 2019, the total transaction value is approximately $2.5 billion, inclusive of transaction costs. Read more
 
Hotel Transaction New York City
Chesapeake Lodging Trust Completes Sale of Two New York Hotels for $138.0 Million
Chesapeake Lodging Trust Completes Sale of Two New York Hotels
 
Chesapeake Lodging Trust (NYSE:CHSP announced yesterday that it has closed on the sale of the 122-room Hyatt Herald Square New York and the 185-room Hyatt Place New York Midtown South, both located in New York, New York, for an aggregate sale price of $138.0 million, or approximately $450,000 per key. Read more
 
Travel Weekly Magellan Awards
NextGuest Wins Four 2019 Travel Weekly Magellan Awards
 
NextGuest was honored with four awards in the Travel Weekly 2019 Magellan Awards. Each year, the Magellan Awards acknowledge the extraordinary travel professionals who provide the best products and services in the industry. We are pleased to be recognized among the top industry organizations and professionals. Read more
 

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In Brief...
 

Hotel Development Ecuador
Hampton by Hilton to Debut in Ecuador with New Hotel in Quito

New Accor Brand
Accor Announces New Brand, Greet

Management Appointment Four Seasons Hotels
Sam Ioannidis Named General Manager for the Four Seasons Resort Sharm El Sheikh

Management Appointment Four Seasons Hotels
Sunil Narang Named General Manager for the Four Seasons Hotel Mumbai

Mangement Appointment Interstate Hotels
Elizabeth Uber Named SVP Operations Select Service for Interstate Hotels & Resorts

Hotel Opening South Carolina
Choice Hotels Opens Third Cambria In South Carolina

 
 
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