Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced the nominations for its Eleventh Annual Pebby Awards. The Pebby Award nominees were chosen for their outstanding accomplishments in 2022, as determined by the Company.
B Resort & Spa, located in the Disney Springs® Resort Area in Orlando, today announced the appointment of Kai Fischer as general manager, effective immediately. An industry veteran with over 30 years of hospitality experience, Fischer will oversee all aspects of the resort - including operations, sales, marketing and food & beverage - alongside the resort's management company, Performance Hospitality Management.
MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") has been named to the 2023 Bloomberg Gender-Equality Index (GEI). The index tracks public companies' business practices and policies in advancing gender equity.
GF Hotels & Resorts announces the grand reopening of The Yorktowne Hotel, Tapestry Collection by Hilton.
Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H) announced today that it has been named to the 2023 Institutional Investor All-America Executive Team, building on another transformative year for Hyatt. Widely considered a benchmark of excellence within the financial industry, the Institutional Investor rankings illustrate how companies and executives are viewed by investment professionals on both the buy and sell side.
When Disneyland Resort, Anaheim’s crown jewel, was forced to close in 2020 at the onset of the COVID-19 pandemic, area hotels faced some of the greatest demand losses in the nation. The park system welcomed back its local fanbase in 2021 with the introduction of a new reservation system. Once Disney attendees were more familiar with the park’s new reservation system, which requires advance planning and makes it more difficult to book same-day tickets, leisure demand rebounded, spurring double-digit ADR growth in 2021 and 2022.
Retro Hospitality, the Virginia hospitality firm, has selected Tambourine, the digital marketing company serving hotels, resorts, and tourism destinations, to re-imagine the Quirk Hotels digital experience.
Choice Hotels International, Inc. (NYSE: CHH) is making travel even more rewarding for its Choice Privileges and Radisson Rewards Americas members. Beginning today, travelers can now exchange points between the two loyalty programs at a rate of two Radisson Rewards Americas points per one Choice Privileges point. Whether travelers are planning out leisure or business trips for the year ahead, or looking to book trips with spring break approaching, this option gives people more flexibility to earn and redeem points for award nights.
Twenty Four Seven Hotels, a third-party hospitality management company for premium-branded, select-service and lifestyle hotel segments in the western U.S., today announced that it assumed operations of the 94-suite SpringHill Suites in Lancaster, Calif., on behalf of ownership, Ramji, LLC.
Starwood Capital Group ("Starwood Capital"), a private investment firm with a primary focus on global real estate, and Adventurous Journeys Capital Partners ("AJ Capital"), a dynamic real estate and hospitality company, today announced the launch of Field & Stream Lodge Co. ("Field & Stream"), a branded hospitality platform aiming to create modern and affordable lifestyle lodging across the United States. Field & Stream is an iconic American brand established in 1871 which brings great authenticity and brand recognition to a category of generic hotel offerings.
The Ritz-Carlton, Dallas - Texas' first and Dallas' only five-star hotel is proud to announce the appointment of Brian Booth as Director of Sales and Marketing, adding to its exceptional team of industry-leading talent. In his new role, Booth will develop and implement sales initiatives and marketing strategies to support the luxury property's continued growth while delivering unparalleled levels of distinguished service.
The 2022-23 flu season, marked by unprecedented unpredictability and a higher-than-usual volume of cases, offers businesses important learnings on how to protect their staff and patrons in the workplace, according to new analysis[1] conducted by scientists and data experts from Reckitt’s Lysol Pro Solutions and BlueDot.
Sentral, the leading full-service management company offering any length of stay, today announced its acquisition of Align Residential, the dynamic national management firm specializing in innovative residential experiences. The acquisition expands the number of Sentral communities to 40, and the company's network to 15 U.S. cities. Sentral now manages over 10,000 apartment units with a combined value of $5 billion.
Mint House at Metro St. Petersburg Will Open Its Doors In Spring 2023, Marking The Third Florida Location For The Tech-First Hospitality Brand.
In one of the world's most dramatically secluded settings lies Amangiri in South Utah, which recently appointed Audrey Huttert as the new general manager. Audrey brings with her more than two decades of experience in luxury hotels around the world, including other Aman properties such as Amanera in the Dominican Republic and Amanyara in Turks & Caicos.
HVS is pleased to announce that Larson Moye has joined the fast-growing Brokerage & Advisory division of HVS, the only global consulting firm focused exclusively on the hospitality industry.Larson Moye is joining as a Senior Associate for the HVS Americas Brokerage & Advisory division and specializes in the acquisition and disposition of hotels across Colorado. Larson's knowledge of current market conditions, his broad network of hotel owners, and his expertise in transaction management create positive results for his clients. He is committed to working with clients in a collaborative and transparent manner to assist them in achieving their investment goals. Larson is a graduate of Loyola University in New Orleans and is a licensed real estate sales agent in Texas.
Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 Hotel Horizons® forecast calls for a 5.8% increase in rooms revenue per available room (RevPAR) in 2023. This is up from CBRE’s previous forecast of a 5.6% increase in RevPAR for 2023.
The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the Hotel Industry Report.
The popularity of surfing has grown significantly in recent years, especially in the United States. According to a study published by the Sports & Fitness Industry Association (SFIA), the number of surfers has increased by more than 35% in less than a decade. The survey also found that surfers live all across the country, even in landlocked states far from the coasts.
Another ALIS is in the books, and a busy one at that, with nearly 3,000 in attendance. If you weren’t one of those lucky thousands, here are our takeaways.