Hotel Investors Say They Won't Wait on the Sidelines Much Longer
The rapid pace of interest rate increases and uncertainty over an economic slowdown have U.S. hotel owners and investors wondering what that means for deals this year.
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Now Open: Lily Hall, Pensacola's Boutique Lodging House!
Pensacola's first ever lodging house, Lily Hall is officially open as of yesterday, February 16. Earlier this week marked the property's ribbon cutting ceremony which brought in a crowd of locals, the Chamber of Commerce, the Visit Pensacola team, friends, family, local media and more.
Tambourine has been named a 2023 Google Premier Partner
Tambourine, the Fort Lauderdale-headquartered digital marketing technology company serving hotels, resorts, and tourism destinations worldwide, has been named a 2023 Premier Partner in the Google Partners program, a status awarded to only the top 3% of partners.
Development Team Announces New ROOST Apartment Hotel in Baltimore Peninsula
The high-design, extended-stay hotel brand will introduce an 81-room apartment hotel to the waterfront neighborhood.
BOLD by Wyndham Hits the Accelerator, Signs Nearly 20 Hotels in Just Over Six Months
Since launching last summer, Wyndham’s BOLD by Wyndham program, which stands for Black Owners and Lodging Developers, has signed nearly 20 hotels across the U.S.
Seth McDaniels has been appointed as General Manager at Wyndham Grand Clearwater Beach
Wyndham Grand Clearwater Beach announces the appointment of Seth McDaniels as general manager of the upscale resort, located on Florida's gulf shore. In his new role at Wyndham Grand Clearwater Beach, McDaniels will be responsible for overseeing the day-to-day operations of the resort, enhancing the brand, managing staff, and ensuring a quality guest experience.
Boston & Cambridge Lodging Strengthens in 2022 With More Upside for 2023
Despite a slow start in the first Quarter 2022, the Boston & Cambridge lodging market ramped up quickly, and by year-end, the Revenues Per Available Room (RevPAR) reached a 90% index compared to its 2019 (pre-covid) top-line performance. Like many urban gateway cities, the city struggled in its recovery from the negative effects of the pandemic in 2021, as compared to other cities located in warmer climates, which showed strong recoveries one year following the outbreak of Covid in March of 2020. Yet despite the slower recovery, in 2022, leisure demand came roaring back in Boston, while corporate and group travel picked up steam starting in Q2.
By Rachel Roginsky, Principal, Pinnacle Advisory Group
Hotels.com Reports Rise in New Trip Type: "Thirst Trips"
With nearly 100 days between President's Day and Memorial Day weekend, Americans are entering the longest stretch of the U.S. calendar without a federally sanctioned day off. This 3-day weekend drought leaves people parched for a getaway. New search data from Hotels.com shows a new trip type is quenching our thirst this spring: Thirst Trips, or short weekend stays that satisfy our desire for a day off by the pool.
Team Members at Hard Rock Hotel & Casino Atlantic City Receive Over $10 Million in Bonuses During Town Hall Events, Continuing Hard Rock’s Legacy of Paying Bonuses
Continuing its legacy of paying bonuses to team members, Hard Rock Hotel & Casino Atlantic City has elated thousands of union and non-union team members with news they will be receiving a share of more than $10 million in bonuses. The bonuses were announced yesterday and today at “Town Hall” gatherings, where several team members also won a share of $100,000 in cash and prizes.
Wyndham Hotels & Resorts Recognized Among Top Places to Work by Forbes and Newsweek
Wyndham Hotels & Resorts, the world’s largest hotel franchising company with approximately 9,100 hotels in over 95 countries, today announced two new honors from Forbes and Newsweek, both of which recently recognized the Company as a top place to work.
PACIFIC 19 Kona Now Accepting Reservations for April 2023
A New Design-Forward Boutique Hotel Will Welcome Visitors and Locals with Authentic Experiences.
MGM Resorts Becomes First Gaming Company to Sign United Nations' CEO Water Mandate
MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today announced it endorsed the United Nations' CEO Water Mandate – a global initiative and coalition of hundreds of major companies making bold commitments to address water crises and challenges. MGM Resorts is the first gaming company to endorse the mandate.
Report: Hotel-generated state and local tax revenue to reach new highs in 2023
Hotel-generated state and local tax revenue will reach new heights nationally ($46.71 billion) and in states across the nation this year, according to state-by-state projections released today by the American Hotel & Lodging Association (AHLA) and Oxford Economics.
Palisociety Announces Palihotel San Diego
Avi Brosh's Palisociety has announced the anticipated Spring opening of Palihotel San Diego, the brand's first foray into San Diego. The hotel is the brand's 15th property, alongside 10 Palisociety and four ARRIVE by Palisociety destinations.
Luxury Charleston Hotel The Palmetto Prepares to Open its Doors in March 2023
Dreamscape Companies, a New York-based real estate development and investment firm founded by industry veteran Eric Birnbaum, today announces that its boutique Charleston-based hotel, The Palmetto, is rapidly approaching completion and officially slated to open its doors in March 2023. Situated in the heart of Charleston's historic French Quarter, the property signifies the company's first foray into the thriving southern market. Originally acquired in 2021, The Palmetto has been reimagined to provide a deeply authentic Charleston experience that is particular to the place in which it resides - mere steps from the city's finest restaurants and bars - and reflective of the charming eccentricities artfully layered into southern hospitality.
Red Roof® Opens Red Roof Inn Bellflower, CA
Red Roof®, the leader in economy lodging, has announced the opening of the Red Roof Inn Bellflower, CA.
M3 and APS® Partner to Foster The Shepherd Hotel’s Mission – Positively Impact The Lives of Others
In 2011, Rick Hayduk, a long-time and experienced hotelier, was inspired to open a hotel that employed individuals with intellectual disabilities with the goal in mind of positively impacting the lives of others and giving everyone a chance for forward advancement in the hospitality industry. After learning the ins and outs of the hospitality industry for over three decades and becoming a true hospitality veteran, Hayduk opened The Shepherd Hotel in April of 2022 with the help of Rich Davies, a third-generation real estate developer, and incredibly involved Clemson Alumni.
Mike Alaridi has been appointed as Executive Chef at Virgin Hotels Chicago
Virgin Hotels Chicago is thrilled to announce Executive Chef, Mike Alaridi, who will oversee the entire culinary operation from Miss Ricky's to Cerise. Born and raised in Syria, Alaridi was first introduced to the culinary world by watching his mother cook their family meals from scratch, only using whole ingredients from their backyard garden. Growing up in a household that prioritized healthy foods laid the foundation for Alaridi's culinary ethos of using the freshest ingredients and preparing them in ways that heighten their flavors.
AAA Unveils Top Diamond Designated Hotels and Restaurants of 2022
AAA unveils the 5-Diamond and 4-Diamond properties of 2022. These hotels and restaurants represent the best of the best in lodging and dining.
So, What Are You Seeing?
At this year’s Americas Lodging Investment Summit, the opening question in almost every conversation I participated in was “what are you seeing?”
By Jan Freitag, National Director, Hospitality Market Analytics, HotelNewsNow