All Latest News Filter Press Release AHLA: DOL overtime rule will hurt hotels and limit employee opportunities American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey issued the following statement today after the Department of Labor (DOL) released its final overtime rule to raise the minimum salary threshold under which all employees... American Hotel & Lodging Association (AHLA) More in this category Human ResourcesMore in this category National & International Policy More like this Press Release U.S. Hotel Development Kicks off Q1 2024 with Growth and Record-Highs As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year ... Lodging Econometrics More in this category Hotel OpeningsMore in this category Real Estate & InvestmentMore in this category Supply Construction More like this Performance Fewer global markets recording RevPAR growth, Japan a big exception STR’s global "bubble chart" update for the four weeks ending 6 April 2024 shows 60% of markets with year-over-year growth in revenue per available room (RevPAR). That volume was noticeably less than the 77% of markets with growth in our last update,... STR More in this category Markets & Performance More like this Supplier News HotelRunner named Booking.com’s Premier Connectivity Partner for an impressive 10th time The leading global hospitality and travel technologies provider HotelRunner has been selected as Booking.com’s Premier Connectivity Partner for 2024. HotelRunner has proudly received this significant accolade from Booking.com for the 10th consecutiv... HotelRunner More in this category Awards and Accolades More like this Opinion STR Trends in the Hospitality & Lodging Industry Our clients typically want to understand the current and past trends of the lodging industry and how it may impact their project or its ownership structure and overall financial performance. To this point, Grey Hospitality has collected industry dat... Sean SkelliePrincipal Consultant at Grey Hospitality Cayuga Hospitality ConsultantsMore in this category Markets & Performance More like this Opinion THE PLAYERS Championship’s Impact on Jacksonville Hotels in 2024 Each year, Ponte Vedra Beach in the greater Jacksonville, Florida, area hosts THE PLAYERS Championship at TPC Sawgrass. The event, often referred to as “golf’s fifth major,” is an annual tournament on the PGA Tour and offers the largest purse of any... Angela LahtiAssociate, Tampa - St. Pete HVSMore in this category Markets & PerformanceMore in this category Sports Tourism More like this Press Release Premier Promotes Derek Weaver to Vice President of Project Management and Estimating Premier, an end-to-end architecture, design, procurement, project management, and development firm, is proud to announce that Derek Weaver has been promoted to the role of Vice President of Project Management and Estimating. Having served Premier fo... Premier More in this category Appointments More like this Recent Appointments More Corina Heizer has been appointed Vice President of Procurement at Premier Preeti Jayant has been appointed Human Resources Manager at Aloft New Delhi Aerocity Anirudh Chaturvedi has been appointed Cluster Director of Finance at Accor’s Dubai World Trade Centre Hotels Anderson Foote has been appointed General Manager at Virgin Hotels Chicago Chase Chasteen has been appointed General Manager at Le Méridien Fort Worth Downtown Dawn Freeman has been appointed Director of Sales at Le Méridien Fort Worth Downtown Supplier News Hotels Gain Powerful Analytics With HotelIQ and apaleo Integration Hotels will now have access to advanced analytics and business intelligence following the new integration between HotelIQ and apaleo. The partnership brings together apaleo’s open hospitality platform with HotelIQ’s cloud-based analytics, giving hos... HotelIQ by Intelligent Hospitality More in this category Property TechnologyMore in this category Revenue ManagementMore in this category Big Data More like this Viewpoint Near-Term Machine Learning Use Cases for Hospitality Using interfaces to access the multitudes of information housed within a hotel’s property management system (PMS), technology vendors have on their hands a literal treasure trove of first-party training data for machine learning applications. Any pr... More in this panel Information Technology Opinion The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenu... Timothy R. WiersmaPrincipal | Revenue Generation, LLC. Revenue Generation LLCMore in this category Revenue ManagementMore in this category Asset Management More like this The Hotel Yearbook ESG 2024 Unlocking the ESG Innovation Stack in Hospitality Download Your content on Hospitality Net? Hospitality Net membership explained
Press Release AHLA: DOL overtime rule will hurt hotels and limit employee opportunities American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey issued the following statement today after the Department of Labor (DOL) released its final overtime rule to raise the minimum salary threshold under which all employees... American Hotel & Lodging Association (AHLA) More in this category Human ResourcesMore in this category National & International Policy More like this
Press Release U.S. Hotel Development Kicks off Q1 2024 with Growth and Record-Highs As seen in the Q1 2024 U.S. Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), at the end of the first quarter, there are 6,065 projects with 702,990 rooms in the pipeline. This new all-time high represents a 9% year-over-year ... Lodging Econometrics More in this category Hotel OpeningsMore in this category Real Estate & InvestmentMore in this category Supply Construction More like this
Performance Fewer global markets recording RevPAR growth, Japan a big exception STR’s global "bubble chart" update for the four weeks ending 6 April 2024 shows 60% of markets with year-over-year growth in revenue per available room (RevPAR). That volume was noticeably less than the 77% of markets with growth in our last update,... STR More in this category Markets & Performance More like this
Supplier News HotelRunner named Booking.com’s Premier Connectivity Partner for an impressive 10th time The leading global hospitality and travel technologies provider HotelRunner has been selected as Booking.com’s Premier Connectivity Partner for 2024. HotelRunner has proudly received this significant accolade from Booking.com for the 10th consecutiv... HotelRunner More in this category Awards and Accolades More like this
Opinion STR Trends in the Hospitality & Lodging Industry Our clients typically want to understand the current and past trends of the lodging industry and how it may impact their project or its ownership structure and overall financial performance. To this point, Grey Hospitality has collected industry dat... Sean SkelliePrincipal Consultant at Grey Hospitality Cayuga Hospitality ConsultantsMore in this category Markets & Performance More like this
Opinion THE PLAYERS Championship’s Impact on Jacksonville Hotels in 2024 Each year, Ponte Vedra Beach in the greater Jacksonville, Florida, area hosts THE PLAYERS Championship at TPC Sawgrass. The event, often referred to as “golf’s fifth major,” is an annual tournament on the PGA Tour and offers the largest purse of any... Angela LahtiAssociate, Tampa - St. Pete HVSMore in this category Markets & PerformanceMore in this category Sports Tourism More like this
Press Release Premier Promotes Derek Weaver to Vice President of Project Management and Estimating Premier, an end-to-end architecture, design, procurement, project management, and development firm, is proud to announce that Derek Weaver has been promoted to the role of Vice President of Project Management and Estimating. Having served Premier fo... Premier More in this category Appointments More like this
Supplier News Hotels Gain Powerful Analytics With HotelIQ and apaleo Integration Hotels will now have access to advanced analytics and business intelligence following the new integration between HotelIQ and apaleo. The partnership brings together apaleo’s open hospitality platform with HotelIQ’s cloud-based analytics, giving hos... HotelIQ by Intelligent Hospitality More in this category Property TechnologyMore in this category Revenue ManagementMore in this category Big Data More like this
Viewpoint Near-Term Machine Learning Use Cases for Hospitality Using interfaces to access the multitudes of information housed within a hotel’s property management system (PMS), technology vendors have on their hands a literal treasure trove of first-party training data for machine learning applications. Any pr... More in this panel Information Technology
Opinion The Balancing Act: The Symbiotic Relationship between Hotel Asset Management and Revenue Optimization In a recent conversation I had with an asset manager who was underwriting a hotel in the metro Atlanta area, it was determined that for each incremental 50k of profit achieved, the hotel asset value went up approximately 600k. Imagine if your revenu... Timothy R. WiersmaPrincipal | Revenue Generation, LLC. Revenue Generation LLCMore in this category Revenue ManagementMore in this category Asset Management More like this