Hotel News Resource
January, 10 2020
My 10,000 Hours
Hospitality Financial Leadership - My 10,000 Hours - By David Lund
This piece is about a book I read that was a gift to me by my daughter one Christmas not that long ago. At the time I had no idea how much it would mean to me and how important it is for people to understand its message. The message is simple, no one just lands on this planet with what they need to be successful. We ALL must work for it. Read More
Market Report Canada
Canadian Hotel Occupancy Down -0.4 Percent to 42.7 Percent For Week Ending 4 January 2020
Four Seasons Hotel and Private Residences Montreal
Revenue per available room down -0.7 Percent to CAD71.01 Read more
Human Trafficking Training Requirements
Hotel Lawyer Warning for Owners and Operators: Human Trafficking Training Requirement - By Jim Butler
California hotel owners and independent operators must provide human trafficking awareness training Read more
Market Report U.S.
U.S. Hotel Profit Bounces Back After Downward Blip
U.S. Hotel Profit Bounces Back After Downward Blip
A negative profit turn for U.S. hotels in October gave way to robust growth in November, as GOPPAR climbed 6.1% year-over-year, the second-highest increase of 2019, according to data from HotStats. Read more
Market Report U.S.
US Hotel Occupancy Up 0.3 Percent to 49.0 Percent for Week Ending January 4th - 2020
Oahu Island, Hawaii, recorded the largest increase in RevPAR (+22.4% to US$369.64)
RevPAR up 4.3 percent to US$66.84 Read more
Market Report India
HVS Report - India Lodging Industry: Economic Headwinds Likely to Impact Performance of the Sector in 2020 - By Mandeep Lamba, Akash Datta and Dipti Mohan
India Lodging Industry: Economic Headwinds Likely to Impact Performance of the Sector in 2020
At the start of the current year (2019), the prescribed view of many industry pundits, including ours at HVS, was that of optimism due to the strong performance witnessed in 2018 that was propelled by the ongoing widening of the demand-supply gap. Read more
Hotel Development Reunion Island
Radisson Hotel Saint Denis Announced for Reunion Island
Rendering of the Radisson Hotel Saint Denis
Radisson Hotel Group announced the signing of the Radisson Hotel Saint Denis in Reunion Island, the Group's entry into their third Indian Ocean Island. The group is now present in three of the four main Indian Ocean Islands, bringing their Indian Ocean portfolio to seven hotels in operation and under development. Read more
Hotel Development Mexico Playa Del Carmen
218 Room Oceanfront W Playa Del Carmen Hotel to Open In 2023
Rendering of the W Playa del Carmen Hotel
Marriott International, Inc. (NASDAQ: MAR) today announced that it has signed an agreement with Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) to bring the W brand for the first time to Mexico’s Yucatan Peninsula. The property is expected to rise on an oceanfront site in Playa del Carmen within walking distance to entertainment, upscale shopping and restaurants. Read more
Hotel Development Boston
Verve Hotel Boston Natick Joins Tapestry Collection
The Verve Hotel Boston Natick
Hotel offers 251 guest rooms/suites and convenient access to Boston Read more

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In Brief...

Hotel Development Madrid
Mandarin Oriental Ritz, Madrid to Open in Summer 2020

Management Appointment Atrium Hospitality
Chris Dunne Named Chief Financial Officer for Atrium Hospitality

Hotel Opening Atlantic City
Hampton Inn by Hilton Egg Harbor Township Atlantic City Opens

Hotel Opening China
Curio Collection by Hilton Debuts in Jiujiang

Hotel Opening Arizona
Country Inn & Suites by Radisson, Flagstaff Downtown Opens in Arizona

Human Trafficking At Hotels
IHG Intensifies Effort to Fight Human Trafficking in the Americas

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