STR: U.S. Hotel Results For Week Ending 22 May
U.S. weekly hotel occupancy reached the 60% mark for the first time since the start of the pandemic, according to STR‘s latest data through 22 May.
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U.S. Hotel Profit Improved To 60% Of 2019 Level, Labor Remains Stagnant
Gross operating profit for U.S. hotels reached 60% of the comparable 2019 level, according to STR‘s April 2021 monthly P&L data release. While GOP in comparison with 2019 improved from 50% in March, labor spending was up to just 64% in April after coming in at 60% the previous month.
How Small Wine Producers Can Crisis-Proof Their Business Model
As ambassadors of Peter Michael Winery, we have asked ourselves about the reasons of the success of the company during such a global crisis. How has the company been so successful during this tough period?
By Nicolas Velin and Stella Enriquez
The Cloudveil, An Autograph Collection Hotel Debuts In Jackson Hole’s Historic Town Square
The Cloudveil, an Autograph Collection hotel, makes its debut, in the heart of Jackson Hole. Rooted in the people and soul of the destination, The Cloudveil name gives both a nod to the Cloudveil Dome within the Teton Range, while also invoking the veil of clouds lifting to reveal the transformational journey guests will undoubtedly embark on as they experience the natural wonder and enduring character of Jackson Hole. The Cloudveil joins Marriott International's diverse Autograph Collection portfolio of more than 190 independent properties across the globe, which are each distinct in design, character and charm, and all Exactly Like Nothing Else.
2021 COVID-19 Pandemic Impact Update For The Hospitality Industry By Grey Hospitality
The lodging industry is estimated to report a 50 percent, nearly $125 billion-dollar loss in 2020 making this year the worst year in history for the hotel industry, just the hotels and not travel overall. Oxford also reported that this will equate to a total loss of $910 billion in travel related economic output in 2020. This is seven times the impact of 9/11. Will your hotel or favorite destination close? Odds are it will.
By Sean Skellie, Principal Consultant, Cayuga Hospitality Consultants
Tyler Mugford has been appointed as General Manager at The St. Regis Deer Valley
The St. Regis Deer Valley, one of the world's most luxurious mountain resorts, today announced the appointment of Tyler Mugford as General Manager, effective immediately. Mugford brings more than a dozen years of luxury hospitality experience to his new role overseeing all hotel operations for The St. Regis Deer Valley, located on the slopes of the Wasatch Range in Utah's Deer Valley.
Hotel Lulu Opens In California Following Renovation And Rebranding
Hotel Lulu, a quintessential California hotel nestled in the heart of Anaheim, opens its doors on May 14, 2021. Ideally located just steps from Disneyland® and minutes from Anaheim Convention Center, this welcoming and playful property boasts laidback California design details with a modern twist. Outfitted with 310 guestrooms, Hotel Lulu features signature restaurant Lulu's Kitchen; the new Lulu's Coffee, serving Intelligentsia Coffee; a beautiful outdoor pool; 24/7 fitness center; 5,400 square feet of meeting and event space; and an onsite Disneyland® Insiders team. The hotel is managed by Azul Hospitality Group, a San Diego-based hospitality management company focused primarily on upscale hotels and resorts and is owned by J Street Hospitality, also based in San Diego.
Pendry Hotels & Resorts Opens Pendry Chicago In Reimagined 1920s-Era Carbide & Carbon Building
Pendry Hotels & Resorts today announced the opening of Pendry Chicago. Located in the heart of the Loop neighborhood, Pendry Chicago is a reimagination of the iconic 1920s-era Carbide & Carbon Building, a true American Art Deco landmark. Pendry Chicago delivers 364 newly redesigned guestrooms and suites; completely renovated and reinvigorated public spaces including the hotel's signature modern French brasserie and cafe, Venteux; the intimate Bar Pendry; The Billiard Gallery, and a summer rooftop bar, set 24 stories above Michigan Avenue to debut June 25 as Château Carbide, a day-to-night experience delivering the lifestyle of the Côte d'Azur with a very Chicago spin. The hotel offers 13,000 square feet of diverse meetings and event space, a state-of- the-art fitness center, and a curated art collection featuring works from both world-renowned and local Chicago artists.
COVID-19’s Impact On The Anaheim-Santa Ana Lodging Market – May 2021 Update
Given the impact of the COVID-19 pandemic, the Anaheim-Santa Ana lodging market faced a downturn greater than the past two lodging-market declines combined. During the Great Recession, the Anaheim-Santa Ana[1] market’s occupancy fell roughly five points from 69% in 2008 to 64% in 2009. In 2020, occupancy dropped from the 2019 benchmark of roughly 78% to 43%, reflecting a 35-point correction. Average daily rate (ADR) declined from $123 in 2008 to $109 in 2009, an 11% drop. In 2020, ADR decreased approximately 19% from the rate achieved in 2019 ($166 to $134). Despite the downturn in 2020 and early 2021, the outlook for the market is positive as the area benefits from the presence of several major demand generators, including Disneyland Resort and Knott’s Berry Farm amusement park.
By Brittany Hart, Project Manager with the HVS Colorado office, HVS
The Arcadian Hotel Brookline Debuts
Celebrating the independent spirit that is the heart of its neighborhood, The Arcadian Hotel Brookline is pleased to announce a multi-million dollar revitalization. Located only steps from vibrant Coolidge Corner, the hotel, which is managed by Highgate, underwent a complete renovation of all its guestrooms, suites and public spaces.
Cambria Hotels Makes Waves With Ocean City, Maryland Debut
Cambria Hotels, an upscale brand franchised by Choice Hotels International, Inc. (NYSE: CHH), made its official debut in Ocean City, Maryland yesterday afternoon with the grand opening of the Cambria Hotel Ocean City - Bayfront. The celebration was marked with the unveiling of the city's newest boardwalk, a taste of the cuisine from the hotel's restaurant and bar, and a ribbon-cutting ceremony with Ocean City Mayor Richard W. Meehan, members of the Ocean City Chamber of Commerce, and executives from Choice Hotels and development companies, PiNNacle Hospitality Group and The Wankawala Organization. A $1,000 donation to Ocean City Chapter of the Surfrider Foundation, a grassroots non-profit environmental organization that works to protect and preserve the world's oceans, waves and beaches, was also presented at the event as a token of the brand's support and appreciation to the local community.
Driftwood Capital Begins Conversion Of Downtown Wilmington Office Tower Into A Staybridge Suites Hotel
Driftwood Capital, a vertically integrated commercial real estate investment, development and lending platform specializing in hospitality, announces that it has begun construction on the $31 million conversion of an 11-story office building into a brand new Staybridge Suites hotel in downtown Wilmington, Delaware. The property, which will consist of 134 suite-style rooms with a contemporary look and feel, is expected to open to the public in the second quarter of 2022.
Marriott Showcases In-person Learning Labs To 2,400+ Meeting Professionals (And Counting)
Since February, Marriott has hosted more than 2,400 meetings professionals to experience Hybrid Event Learning Labs at hotels across the country to demonstrate – in person – how meeting professionals can plan and execute a successful hybrid meeting.
US Hotels Prepare For Memorial Day Weekend Demand Surge
U.S. hoteliers expect more guests for Memorial Day weekend this year as more people are vaccinated against the COVID-19 virus and restrictions and guidelines ease.
White Elephant Resorts Selects Cloud5 For Flexible And Reliable PBX Services
Cloud5 Communications, a leading provider of communications solutions for the world’s top hotel brands and management companies, today announced the deployment of its PBX solution by White Elephant Resorts. White Elephant now utilizes Cloud5 PBX services in all seven of its Nantucket Island, MA and Palm Beach, FL destinations.
Tech Habits Changed During Pandemic
While consumers were stuck at home during the COVID-19 pandemic, many of their tech-related habits changed significantly, according to research from The Pew Research Center and Oracle.
Amadeus Data Alert: Hotel Occupancy Insight for the U.S. Memorial Day Holiday Points to Strong Start for Summer Travel
As the school year winds down in many states, Memorial Day starts the summer vacation season in the United States.
By Katie Moro, Vice President, Data Partnerships, Hospitality, Amadeus Hospitality
Madeline Hotel & Residences, Auberge Resorts Collection Completes Property-Wide Reimagination
Madeline Hotel & Residences, Auberge Resorts Collection today announces the completion of a property-wide reimagination, bringing a new tier of luxury to Telluride. The resort unveils 83 newly transformed guestrooms and modernized public spaces, including Timber Room, a vibrant new indoor-outdoor bar and lounge that first debuted in January 2021, and Alpine Swim Club, a picturesque outdoor pool and dining terrace. Alongside the physical transformation, Madeline Hotel & Residences, Auberge Resorts Collection debuts new "exclusively Madeline" experiences for Summer, inviting guests to bring home stories of one-of-a-kind luxury adventures in the Rocky Mountains. From foraging the verdant mountainside with the executive chef to taking on Colorado's backcountry from above on a paragliding tour, adventure abounds at the chic Telluride retreat this season.
Harborside Hotel Selects StayNTouch Guest-Centric Cloud PMS to Enable a Connected Guest Journey
The Harborside Hotel, a high-end 194 room boutique hotel located near Washington, DC, chooses StayNTouch, a global leader in guest-centric hotel Property Management Systems (PMS), to enable a seamless and connected guest journey powered by StayNTouch’s fully cloud-native infrastructure.
Summer Surge Starts Early For US Hotels
In what could be an early sign of the summer surge, demand for U.S. hotel rooms was at its highest level in more than a year during the week ending May 15.