U.S. Travel Praises Progress on Visa Processing
Travel Association President and CEO Geoff Freeman issued the following statement on the Biden administration's announcement of goals for travel and tourism in 2025.
Press Releases
It's A Wrap! 2024 HFTP Annual Convention
Hospitality Financial and Technology Professionals (HFTP®) HFTP hosted its signature education and membership event, the 2024 Annual Convention, at the Mohegan Sun Resort and Casino in Uncasville, Conn., from October 23-25, 2024. The convention brought together 300 club and hotel industry experts, thought leaders, and members to explore the latest trends, share insights, and foster professional connections. This year’s event offered a dynamic blend of educational sessions, inspiring speakers, interactive panels, a tabletop exhibition, networking opportunities, and engaging social activities. Tailored to address the evolving challenges in the hospitality industry, sessions focused on best practices, fraud prevention, emerging technologies, employee retention, financial reporting, legislative updates, and more.
AAHOA Expresses Disappointment Over Passage of New York City Council’s Safe Hotels Act
AAHOA (Asian American Hotel Owners Association) is deeply disappointed by the New York City Council’s decision to pass the Safe Hotels Act on Wednesday, October 23, despite recent revisions. While the exemption for hotels with fewer than 100 rooms offers relief to some, AAHOA remains concerned about the adverse effects of this legislation on the broader hotel industry, particularly minority-owned businesses. The revisions fail to address industry leaders’ critical concerns throughout the legislative process.
María Quintero of HVS Middle East & Africa is the 2024 Recipient of the ISHC Lori Raleigh Award for Emerging Excellence in Hospitality Consulting
The International Society of Hospitality Consultants (ISHC) has named María Quintero of HVS Middle East & Africa as the recipient of the annual Lori Raleigh Award for Emerging Excellence in Hospitality Consulting. María was honored at the ISHC annual conference held 26-28 September at the St. Regis Dubai, The Palm. As the winner, María received a one-year associate membership to ISHC to further professional relationships and experience all that the Society has to offer through planned events and networking with top hospitality industry consultants from around the globe.
Hotel Association of NYC Applauds Passage of Safe Hotels Act
The Hotel Association of New York City (HANYC) issued the following statement regarding the New York City Council’s passage of Intro 991, known as the “Safe Hotels Act.”
Stella Blythe Receives 2024 Rising Star Award Asia Pacific
The International Society of Hospitality Consultants (ISHC), in partnership with the Hotel Investment Conference Asia Pacific (HICAP) awarded Stella Blythe, Director, Hotels and Hospitality, Asia at CBRE, with the Rising Star Award Asia Pacific during the HICAP event on 17 October 2024.
Introducing WiZiU, Covivio’s hotel management platform
The year 2024 marks a significant step forward in Covivio's drive to strengthen its position in the hotel sector. The Group is now entering a new phase in the development of its hotel management platform: the consolidation of the assets held jointly with AccorInvest, scheduled for the end of November, will trigger a change of scale in terms of size and growth momentum. This is an opportunity for Covivio to acknowledge the new dimension of its platform and give it a new identity: WiZiU.
Trilogy Hotels marks its entry into the NT, inking a major deal to operate three hotels
Building on its strong growth, independent hotel management company Trilogy Hotels, has set its sights on the Darwin market, announcing today a significant partnership with the notable local family-run DCOH Group. This important deal will see Trilogy take charge of 417 rooms across three hotels, including Novotel Darwin CBD, Frontier Hotel Darwin and Smith Hotel Darwin.
TROO Hospitality announces arrival in Central London with iconic Corus Hyde Park hotel
TROO Hospitality has announced a milestone achievement with its first property in Central London, following a partnership appointment with Immersive Hospitality Management, to manage the iconic Corus Hotel Hyde Park, located at 1 Lancaster Gate.
TROO Hospitality and IHM
Newport Expands Portfolio with Management Acquisition of Two Altoona, Pennsylvania Hotels
Newport is proud to announce the acquisition of management responsibilities for the Wingate by Wyndham Altoona Downtown/Medical Center and Microtel by Wyndham Altoona, effective October 1, 2024. This strategic addition to Newport’s portfolio reflects the company’s commitment to delivering unparalleled hospitality experiences and investing in properties that offer value to both business and leisure travelers.
Brittain Resorts & Hotels to Assume Management of Provident Hotels & Resorts Portfolio
Officials of Brittain Resorts & Hotels (BRH), a leading full-service hospitality management company in the Southeast, today announced the company has partnered with Provident Hotels & Resorts to operate its prestigious portfolio of eight hotels and resorts located throughout Florida.
Valor Hospitality To Manage First Property in Saudi Arabia
Valor Hospitality Partners a leading global full-service hotel management company, is proud to announce the signing of its Lifestyle property in the Kingdom of Saudi Arabia, in the city of Abha, the capital of the Aseer region. The upscale Hijla Hotel, owned by Mr. Mohammed Manaa Almounis and Mr. Samir Muhammad Al Qahtani, and Kayan Almusanada company, in collaboration with the Tourism Development Fund (TDF), is slated to open its doors in the 2nd semester of 2025. This new venture represents a significant milestone for Valor Hospitality Partners to expand its portfolio in Saudi Arabia.
U.S. Travel to Congress: Pass Hurricane Disaster Relief as Quickly as Possible
U.S. Travel Association President and CEO Geoff Freeman issued the following statement calling for Congressional action to fund hurricane disaster relief.
Hotel and hospitality professionals unite to oppose Intro 991 at City Hall press conference
Today, hundreds of hotel and hospitality professionals gathered on the steps of City Hall to voice their opposition to Intro 991, the so-called “Safe Hotels Act.” The press conference brought together representatives from across the hospitality sector who highlighted the severe consequences this bill would have on New York City’s hotels, subcontractors, and small businesses.
AAHOA Members Testify on New York City Council's Proposed Safe Hotels Act
AAHOA (Asian American Hotel Owners Association) joined forces with industry leaders and organizations on Wednesday, October 9, at New York City Hall to rally against the proposed Safe Hotels Act (Int. No. 991-B). The act, introduced by the New York City Council, has drawn widespread criticism for what many see as an attempt to impose unionization on the hotel industry. This rally follows a similar demonstration last month, which drew over 1,500 attendees in opposition.
Crescent Hotels & Resorts Announces Management of the Hotel Cleveland, Autograph Collection
Crescent Hotels & Resorts has announced the management of Hotel Cleveland, Autograph Collection, a historic property situated in downtown Cleveland. The former Renaissance Cleveland Hotel underwent an extensive multi-year $80 million renovation and reopened in April 2024 under its original name. With over 100 years of history, Hotel Cleveland effortlessly merges the city’s rich heritage with modern charm, offering an upscale experience that makes it an ideal addition to the Latitudes: Lifestyles by Crescent collection.
Remington Hospitality Announces Management of Kimpton Mas Olas Resort and Spa
Remington Hospitality, a premier hotel management company, announces its new role managing the luxurious Kimpton Mas Olas Resort and Spa, set on Baja's most beautiful stretch of Pacific coastline in Mexico. This partnership underscores Remington’s commitment to delivering personalized, authentic, and memorable guest experiences at every turn, further solidifying its position as a leader in luxury hospitality in the vibrant Caribbean and Latin American (CALA) region.
Helix Hospitality Announces the Acquisition of Two Courtyard by Marriott Properties in Alabama
Helix Hospitality, a Chicago-based hotel investment and management company, is pleased to announce the acquisition of two Courtyard by Marriott hotels, Hoover (1824 Montgomery Highway, Hoover, AL) and Huntsville (4804 University Drive, Huntsville, AL). As a member of the Pii Capital family, Helix Hospitality brings extensive resources and industry expertise to these properties and their teams, as well as Pii’s proven track record of more than 30 years of successful development, reposition, and investment management in commercial real estate.
WTTC’s Global Leaders’ Dialogue Yields Strategic Insights for Future of Travel & Tourism
The World Travel & Tourism Council (WTTC) concluded its annual Global Leaders’ Dialogue (GLD) during its Global Summit in Perth, Western Australia today, where government officials and industry leaders discussed pivotal strategies to foster long-term sustainable growth in the global Travel & Tourism sector.
Commitment to Knowledge: HFTP Celebrates Robert Mandelbaum’s Impact in Hospitality Research
Robert Mandelbaum, Research Director at CBRE Hotel Research, has long been a leader and educator in hospitality financial research and a dedicated contributor to HFTP. It is with great honor that HFTP will present Mandelbaum with the 2024 HFTP Paragon Award, recognizing his significant and lasting contributions to both the association and the hospitality industry. Mandelbaum will receive the award during the HFTP 2024 Annual Convention at the Keynote Session on October 23.
By Robert Mandelbaum, Director of Research Information Services, CBRE Hotels
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