CBRE calls for a mild recession in 2023. GDP is expected to be flat in 2023 with negative growth in H1 2023 and positive growth in H2 2023. Unemployment remains low but is expected to increase. Full employment and worker shortage will lead to further wage pressures. CBRE expects higher and more persistent inflation. Inflation is expected to remain above the long-run average of 3.3% until 2024.
Fairmas, the renowned hospitality financial BI solution provider, announced the opening of its North American office today. As proven leaders in the European market, Fairmas is tapping into the North American sector by opening an on-site office in Montreal, Canada.
Renowned conservationist and philanthropist Ted Turner enhances his collection of conservation forward properties in Southern New Mexico. His personal home, Hacienda at Armendaris (formerly known as Armendaris House) is the latest dwelling to join the Ted Turner Reserves' brand for guest stays. Located on the 360,000-acre Armendaris property, the recently renovated Hacienda exudes an unparalleled combination of luxurious accommodations and rustic charm. Nestled in the crimson Chihuahuan desert, Armendaris embodies the essence of southern New Mexico. Only a short drive from sister properties Ladder and Sierra Grande, guests staying at Hacienda at Armendaris will have the opportunity to trek through semi-desert and mountainous landscapes, encounter bison, pronghorn, and desert bighorn sheep, and experience the wonders of the Jornada lava flow caves, home to one of the largest populations of Mexican free-tailed bats in the country. Also recently renovated, Ted's main Ladder house, (now known as the Country House at Ladder), also available for guest stays includes four new bright and spacious bathrooms with walk-in showers and slipper tubs, truly transforming his home into a spectacular and relaxing refuge for parties of up to 8 guests.
It’s all a bunch of Hocus Pocus at the Sanderson Sisters’ cottage, where, for the first time ever, guests can run amok this Halloween season when the soul-stealing, spellbinding trio invites visitors to get into the Halloween ‘spirit’ with an overnight stay at the scene of their scheming.
Travelers may complain about resort fees when they see the final bill, but they're still paying them. To retain guest loyalty, hoteliers know they must provide demonstrated value for fees now more than ever.
At a young age, Marguerite grew up visiting Mauna Kea Resort (now comprised of Mauna Kea Beach Hotel and The Westin Hapuna Beach Resort) with her family and, like so many of the resort's legacy guests, created many special memories that she shares from generation to generation.
Woodside Hotel Group today announces the appointment of Qadiri Zebrowski as the director of wellness at Monterey Plaza Hotel & Spa, a luxury oceanfront hotel perched directly above the waves of Monterey Bay. In this role, Zebrowski oversees the hotel's award-winning Vista Blue Spa, managing wellness initiatives and programming for guests.
Everhome Suites—the newest brand launched by Choice Hotels International, Inc. (NYSE: CHH)—today celebrates the grand opening of its first hotel: the Everhome Suites Corona. The milestone opening comes two years after Choice unveiled the Everhome brand—a new construction, midscale extended stay product uniquely designed for the way longer-staying guests live and work—and builds on the company's leadership in the extended stay segment.
General Manager Eugene Mardell joins Thompson San Antonio - Riverwalk with over two decades in the Hyatt family, working across various brands in the portfolio, both in the United Kingdom and in the United States. Most recently, Mardell served as Hotel Manager overseeing the successful dual openings of Thompson Austin and tommie Austin in Texas. His previous Hyatt experience includes tenures as Hotel Manager at Hyatt Grand Central New York, Director of Hotel Operations at Grand Hyatt San Antonio - River Walk and Director of Food and Beverage at Hyatt Regency Tamaya Resort and Spa in New Mexico. During his time in the United Kingdom, he worked in the University city of Cambridge, and Mayfair London at the prestigious Claridge's hotel. Born in the UK, Eugene graduated from the University of Cardiff, Wales with a bachelor's degree in hotel management. He has resided in San Antonio for the past eight years.
Revenue professional and analyst Natalie Fournier joins Thompson San Antonio - Riverwalk as Director of Revenue, overseeing revenue growth strategy. Previously, she served as Director of Revenue at Wild Dunes Resort, a Destination by Hyatt property, in Isle of Palms, S.C. and, prior to that, as Area Director of Revenue at Two Roads Hospitality, Vail, Colo., responsible for revenue management at four Vail properties. She began her career as Revenue and Marketing Manager at Christiana at Vail and graduated from Colorado State University, Fort Collins, with a bachelor's degree in economics. Fournier has both Certified Revenue Management Executive and Certified Digital Marketer certifications from the Hospitality Sales and Marketing Association International.
Melanie Bruce, Director of Sales and Marketing, joins Thompson San Antonio - Riverwalk from various Hyatt hotels in San Antonio, serving as Area Director of Sales at Grand Hyatt San Antonio River Walk and Hyatt Regency San Antonio Riverwalk. In addition to leading sales teams to drive strategic campaigns and achieve optimal revenue growth, Bruce is an award-winning sales professional, having earlier served in strategic sales roles at Hyatt Regency San Antonio, focusing on key business accounts and training sales staff, and at Hyatt properties in Houston and throughout Southern California. She is a graduate of Trend College, Edmonton, Alberta, Canada.
Today is the much-anticipated opening of Hotel Barrière Fouquet's New York in Tribeca. The stunning 97-room luxury hotel is a joint venture between the iconic French brand Groupe Barrière and Caspi Development. Located at 456 Greenwich Street, the property brings a new level of sophistication to the bustling streets of New York. Designed by Martin Brudnizki Design Studio, the hotel perfectly blends Parisian opulence with Tribeca panache.
U.S. hotel performance increased from the previous week and showed improved comparisons with 2019, according to STR‘s latest data through 24 September.
Red Roof®, the leader in economy lodging, announced that concrete has been poured and construction has begun on a new HomeTowne Studios by Red Roof in Bradenton, Florida.
WorldHotels continues its global development momentum as two new hotels join its North America portfolio. Today WorldHotels welcomes the STRAT Hotel Casino in Las Vegas and the Peppermill Resort Spa Casino in Reno to its WorldHotels Elite Collection, which features hotels and resorts that deliver memorable experiences and offer impeccable service in some of the world’s finest locations. These properties add more than 4,000 hotel rooms to the WorldHotels portfolio.
The Elms Hotel and Spa, a part of the Destination by Hyatt portfolio, is pleased to announce the appointment of Jessica Higginbotham as general manager. In her new role, Higginbotham now oversees all aspects of the newly renovated hotel and its daily operations, including 153 guest rooms and suites, the 28,000-square-foot Spa at The Elms, three dining outlets and 11,000 square feet of meeting and event space. She also works closely with the entire team at The Elms Hotel & Spa to ensure staff development and fulfillment.
Opened in 1941, the iconic El Cortez Hotel & Casino has maintained its vintage charm with original hotel rooms located above the casino floor, only accessible by a wooden staircase. Today, the Downtown Las Vegas landmark—and the only casino listed on the National Register of Historic Places—announces the completed renovation of these 47 rooms, dubbed the Original 47. The final piece of the hotel's $28 million property renovation that began in 2020, this $3 million refresh elevates the guest experience with modern conveniences while still preserving the vintage appeal that visitors have come to expect from the city's longest continuously running hotel and casino.
The Hilton Dallas/Southlake Town Square announces it has completed a months-long renovation project of the entire hotel. Driftwood Capital, the hotel's ownership group, provided a significant investment into the complete redesign of the hotel property to elevate the space and provide enhanced offerings to guests.
Modern, Upscale Brand Brings Stylish New Prototype to Denver's River North Art District.
The Ritz-Carlton, Tysons Corner is ushering in a new era for its signature restaurant, ENTYSE, with a fresh experience from the moment guests walk through the doors through the last delicious bite on their plate. Under the direction of Executive Chef Daniele Trivero, new menus redefine the dining experience, while signature favorites, such as Afternoon Tea, can still be expected in a newly refreshed setting.