Hotel News Resource
November, 26 2019
Rendering of the Hyatt Place Saigon, District 7 and Hyatt House Saigon, District 7
The First Dual-branded Hyatt Place and Hyatt House Project in Southeast Asia to Open in 2023
Hyatt Announces Plans for New Hyatt Place and Hyatt House Hotels in Ho Chi Minh City Read More
Hospitality Financial Leadership
Getting Close to the Engine Room - By David Lund
Getting Close to the Engine Room
In my career I have worked with a lot of interesting characters. To say the least, they were all quite colorful, usually fanning the flames of the hotel’s drama and adding their own seasoning. One boss I had was particularly interested in teaching lessons. He made everything into a lesson. What did you learn? How did I screw up? There was always a warm underbelly to be examined. Read more
U.S. Hotel Franchise Fee Guide
HVS 2019 U.S. Hotel Franchise Fee Guide - By Kasia M. Russell and Bomie Kim
HVS 2019 U.S. Hotel Franchise Fee Guide
The HVS U.S. Hotel Franchise Fee Guide provides a comparative review of hotel franchises based on their applicable franchise fees. Hotels are complicated investments. Selecting an appropriate franchise affiliation for a property entails exhaustive research and investigation by an investor. Read more
Hotel Industry Performance Europe
European Hotel Industry Reports Positive Performance Metrics for October 2019
Barcelona room rates boosted by medical congresses
Europe's hotel occupancy rose 0.2% to 76.8% in October, and a 0.8% ADR increase to €115.15 ($126.80) drove RevPAR up 1.1% to €88.40 ($97.35). Read more
Hotel Industry Performance Asia Pacific
Hotels in the Asia Pacific Region Continue to Report Negative Results
Hotels in the Asia Pacific Region Continue to Report Negative Results
Asia/Pacific hotel occupancy fell 0.9% to 71% in October. ADR declined 2.4% to $100.25 and RevPAR dropped 3.4% to $71.16. Read more
Market Report Canada
HVS Canadian Lodging Outlook - 3rd Quarter 2019
RevPar growth across Canada is flat through the third quarter of 2019. On a provincial level, BC leads the pack with over 3.0% growth with Quebec on its heels at 2.5%. Newfoundland struggles to absorb new supply with a near 6.0% decline and Manitoba's softer market leads to a 3.0% decrease. Read more
SynXis Central Reservations
Small Luxury Hotels of the World Growth Powered by Sabre Distribution and Retailing Solutions
One year into its relationship with Sabre Hospitality Solutions, Small Luxury Hotels of the World™ (SLH) is seeing the benefits of connecting with Sabre’s industry-leading distribution solutions, allowing it to grow its portfolio and better serve customers. Read more
Hotel Transaction Washington, DC
Pebblebrook Hotel Trust Completes Sale of Topaz Hotel
Pebblebrook Hotel Trust (NYSE: PEB) announced that it closed on the sale of the 99-room Topaz Hotel in Washington, D.C. for $33.1 million to a third party on November 22, 2019. Read more
Hotel Development Virginia
Hard Rock International Announces Plans For Hard Rock Casino Bristol in Virginia
Guitar Hotel at Seminole Hard Rock Hotel & Casino Hollywood
Hard Rock International announced a partnership with the Bristol Resort & Casino team to create Hard Rock Casino Bristol. Once final approval is received from the Commonwealth of Virginia and the citizens of Bristol, Virginia, Hard Rock, working with the local ownership group, will operate the proposed resort and casino. Read more
Apartments Vs Hotels
Why Business Travelers Are Choosing Serviced Apartments over Hotels
Why Business Travelers are Choosing Serviced Apartments over Hotels
Leisure and business travelers alike enjoy of the uniqueness of staying in hotel alternatives. For business travelers, accommodation shouldn’t just a be place to sleep, but a place to live, work and feel at home. Read more

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In Brief...

Hotel Opening California
HMC Announces Grand Opening of SunCoast Park Hotel Anaheim, Tapestry Collection by Hilton

Management Appointment Davidson Hotels & Resorts
Pete Sams Named Chief Operating Officer for Davidson Hotels & Resorts

Management Appointment Scandic
Svein Arild Steen-Mevold Named Chief Portfolio Officer for Scandic

Management Appointment The Grand Summit Hotel
The Grand Summit Hotel Appoints Adam Scott As Executive Chef

Management Appointment M&R Hotel Management
M&R Hotel Management Appoints SVP of Business Development

Hotel Opening Michigan
Courtyard by Marriott Hotel to Open in Petoskey, Michigan

Hotel Opening Dubai
IntercityHotel Débuts in Dubai

Hotel Opening Oregon
Historic New Redmond Hotel to Reopen December 6 As the SCP Redmond

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