Rockbridge and Makeready are proud to announce The Junto will open May 2023 in Columbus, Ohio and is now welcoming reservations. Known for its vibrant art scene, expanding tech industry and historical contributions, Columbus is undergoing an energetic transformation. Beginning in May, Ohio's capital city will welcome its first independent lifestyle hotel to match its innovative energy.
As Director of Sales & Marketing, Havens will create sales strategies to maximize the hotel's revenue. Her responsibilities include leading the hotel's sales team and targeting regional business opportunities to ensure continuous market growth.
Kudla will manage all aspects of the hotel's daily operations, which includes overseeing the property's strategic business development while simultaneously delivering the ultimate guest experience.
The Hunter Hotel Investment Conference, Noble Investment Group, and Cecil B. Day School of Hospitality Administration, Georgia State University are pleased to announce Geoff Ballotti, President and CEO of Wyndham Hotels & Resorts, will join Mit Shah, CEO of Noble, for the 9th Annual Bharat Shah Leadership Speaker Series.
The Island of Hawaii's Mauna Lani, Auberge Resorts Collection announces the appointment of Mark Libunao as the new Executive Chef of its premier oceanfront restaurant, CanoeHouse. Chef Mark is already an integral part of the Mauna Lani team having worked on CanoeHouse's reopening as Sous Chef from March 2021 to June 2022, after which he assumed the role of Chef de Cuisine at Mauna Lani.
After consistent month-to-month improvement through April, the occupancy recovery index to 2019 showed more fluctuation.
Imagine checking in to your hotel and seeing your favorite music artist walk through the door of one of Hilton’s signature connecting rooms. That’s what happened when a lucky group of super fans and Hilton Honors members checked in at The Beverly Hilton and saw GRAMMY Award®-winning singer-songwriter Brandi Carlile singing directly to them.
The International Society of Hospitality Consultants (ISHC) in partnership with the Americas Lodging Investment Summit (ALIS) presented Alejandro Zozaya, former Chairman of Apple Leisure Group, with the Pioneer Award which recognizes an individual annually who has made an outstanding contribution, achievement and/or improvement in the hospitality industry.
Today, The Hotel Group (THG) and Hogback Development announced the purchase of the Fairfield Inn & Suites by Marriott in Moses Lake, Wa. The Hotel Group is a leading national hotel management, investment and development company and is an affiliate of Hotel Equities (HE). This addition, and the recent announcement of two Hyatt additions, furthers the group’s continued growth in the Northwest.
New Castle Hotels & Resorts, a leading hotel owner, operator and developer, announces the appointment of Kevin Shah as the general manager of the Residence Inn by Marriott ® Long Island East End.
Aspen Hospitality and the University of Colorado Boulder are pleased to announce that construction is beginning for the on-campus Limelight Hotel Boulder. The landmark conference center hotel property is slated to open in the summer of 2025. This groundbreaking is the culmination of years of collaboration between the City of Boulder, CU Boulder and numerous other stakeholders. Plans for a topping-off ceremony and celebration will be announced as construction progresses.
West Palm Beach is the third most expensive destination in Florida for hotel stays, according to a new survey by CheapHotels.org.
U.S. Travel Association President and CEO Geoff Freeman issued the following statement on the U.S. Bureau of Labor Statistics January employment report, which saw the overall economy add 517,000 jobs and the leisure and hospitality sector add 128,000 jobs—more than any other sector:
156-room Hyatt House hotel is located at the entrance to Orlando International Airport.
MCR — the country’s 4th-largest hotel owner-operator — has acquired the Hilton Miami Airport Blue Lagoon, a 14-story hotel with 508 rooms in Miami, Florida. With a prime waterfront setting within the Blue Lagoon business park, the hotel is located just south of Miami International Airport (MIA). This is the company’s second hotel in the Miami airport submarket following the acquisition of the Hyatt Place Miami Airport East in December of 2022 and its tenth hotel in Florida.
Officials of DG Public Relations, LLC, today announced the death of company co-founder, David “Jerry” Daly on January 11, 2023, due to complications arising from aspiration pneumonia.
Those are just a few of the words that Hilton property chefs use to describe their favorite winter comfort foods. When Stories From Hilton put a call out to Hilton property chefs to submit their favorite dishes to warm up to this winter, we were overwhelmed with a range of delectable recipes—from soups, stews and chowders, to short ribs, dressings and even desserts.
High interest rates and a recession will make 2023 a challenging year for commercial real estate. Though inflation eased in late 2022, it was still running at more than 7%. The Fed will continue raising rates until it sees a marked reduction in inflation nearer to its 2% target. Weakening fundamentals and higher cost of capital will generally lower asset values.
According to data compiled by STR, in recent years, the luxury segment has fallen 2–5% behind the Washington, D.C. market average in occupancy, while luxury rates have paced roughly $150 to $200 above average. This rate difference is largely due to a few luxury hotels that perform at a higher rate threshold than the remainder of the luxury class, including the Four Seasons, the Waldorf Astoria, both Ritz-Carlton properties, the Hay Adams, and the St. Regis. These higher-rated hotels make up 15% of the total luxury room supply in the District.The 2022 market-wide operating performance for District of Columbia hotels was roughly 62%, at an ADR of just above $240. The 2022 RevPAR falls more than $20 below the 2019 level. The luxury hotel segment, which comprises around 30 hotels, also did not fully rebound to the historical 2019 RevPAR levels in 2022. However, ADR for this segment grew to roughly 115% of the 2019 level.
Sonesta International Hotels Corporation (Sonesta), the 8th largest hospitality company in the U.S., announced that during 2022 it added 74 properties to its franchised portfolio. The new properties further expand Sonesta’s global presence and include more than 8,500 guest rooms.