Hotel News Resource
June, 4 2019
 
 
 
STR and Tourism Economics Downgrade U.S. Hotel Forecast
 
STR and Tourism Economics Downgrade U.S. Hotel Forecast
 
STR and Tourism Economics revised its 2019 U.S. RevPAR growth projection to 2%, down from 2.3% growth that was projected in February. The 2020 U.S. forecast remains largely unchanged. Read More
 
South East Asia Hotel Investorís Summit
HVS Report - Key Takeaways from the 2019 South East Asia Hotel Investorís Summit (SEAHIS)
Westin Grande Sukhumvit Bangkok -Aerial view
 
Key takeaways from this year’s South East Asia Hotel Investors’ Summit (SEAHIS) at the Westin Grande Sukhumvit Bangkok, which HVS proudly sponsored for the third consecutive year. Read more
 
Market Report Canada
Canadian Hotel Occupancy Down 0.8 Percent to 66.4 Percent For Week Ending 25 May 2019
Canadian Hotel Industry Reports Mixed YOY Resuts for Week Ending 25 May 2019
 
Revenue per available room up 2.5 Percent to CAD111.02 Read more
 
Market Report U.S.
US Hotel Occupancy Up 0.9 Percent to 71.2 Percent - Week Ending May 25th - 2019
Positive YOY Results for US Hotel Industry for Week Ending May 25th - 2019
 
RevPAR up 3.1% to US$95.22 Read more
 
Revenue Management For Groups
Is Group Business the Missing Piece to Your Revenue Management Strategy? - By Lauren Hall, Founder & CEO, IVvy
Is Group Business the Missing Piece to Your Revenue Management Strategy?
 
Many hoteliers are moving beyond rooms-only revenue management, aiming for a total property approach. To capitalize on the growing number of groups and events revenue opportunities, hoteliers are seeking out dynamic-pricing strategies to optimize the profitability of their venue spaces. Read more
 
Integrated Hospitality Management Platform
INTELITY Partners with MyCheck to Further Simplify the Full Mobile Check-In Process
 
The integration between the hospitality technology platform and digital payment solution will allow hotels to offer a completely digital check-in experience Read more
 
Analytic Data Services
Onyx CenterSource Partners with Sovos to Advance Compliance and Security in E-Invoicing
 
Onyx CenterSource today announced that it has partnered with Sovos, a leading global provider of tax software, to provide electronic signing, validation and connection to tax authorities for the expansion of Onyx’s InvoicePro e-invoicing capabilities. Read more
 
Hotel Development Cancun
Karisma Hotels & Resorts and Margaritaville Holdings to Develop Margaritaville Island Reserve by Karisma
Karisma Hotels & Resorts and Margaritaville Holdings to Develop Margaritaville Island Reserve by Karisma
 
Margaritaville Island Reserve Riviera Cancun by Karisma, the first inclusive Margaritaville resort, will debut in Winter 2019. Additional confirmed locations include a second resort in Mexico's Riviera Maya, Jamaica, and Cap Cana in the Dominican Republic, among other destinations in Latin America and the Caribbean. Read more
 
Ashford Acquisition
Ashford Announces Acquires Remington's Hotel Management Business for $275 Million
Ashford Announces Acquires Remington's Hotel Management Business for $275 million
 
After the completion of this transaction, Ashford will add hotel property management to its growing list of hotel-related businesses, which already includes hotel asset management, Premier Project Management, J&S Audio Visual, OpenKey, Pure Wellness, RED Hospitality & Leisure, and Lismore Capital. Read more
 
Marriott Development Update Asia Pacific
Marriott International Bolsters Its Asia Pacific Luxury Offering with 13 Properties Set to Open in 2019
The Ritz-Carlton, Perth
 
Marriott International’s current portfolio of 130 luxury hotels across ten countries and territories in Asia Pacific is poised to grow in 2019 with new openings from JW Marriott, The Ritz-Carlton, St. Regis, and The Luxury Collection. Read more
 
Hospitality Social Media News
Hospitality Social Media Marketing News - June 1, 2019 Issue
Hospitality Social Media Marketing News - June 1, 2019 Issue
 
Social media evolves so quickly that so much has already happened since our last edition of our biweekly newsletter. Facebook is shaking up the algorithm again, Twitter has rolled out new retweeting features, and Instagram Stories just got even more impressive reach. We’ll go over all of this and more in this newsletter, and explain what exactly it means for you. Read more
 
Weird Hotel Amenities
Weird but Wonderful Hotel Amenities You Didnít Know About (but Also Need)!
Weird but wonderful hotel amenities you didnít know about (but also need)!
 
Hotels are going beyond the normal these days to add a unique factor in their property by giving guests some weird hotel amenities that could never have been imagined. Read more
 

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In Brief...
 

Hotel Transaction Los Angeles
Hotel Amarano Burbank in Los Angeles Sold for $72.9 Million

Hotel Opening Latvia
Radisson Hotel Old Town Riga Opens in Latvia

Hotel Development Nebraska
Kimpton Hotels & Restaurants Announces Its First Property in Nebraska

Interstate Hotels & Resorts Development Update
Interstate to Manage Glacier House Hotels Portfolio

Autograph Collection Development Update
Autograph Collection Hotels to Introduce 16 New Hotels and Resorts in Next Three Months

Hotel Development Atlanta
Motto by Hilton Announces First U.S. Hotel Signing in Atlantaís Old Fourth Ward Neighborhood

Management Appointment Hodges Ward Elliott
Daniel Peek Named Hotel Group President Hodges Ward Elliott

Management Appointment Hyatt
Jim Tierney Named Senior Vice President of Development and Owner Relations for the Hyatt Place and Hyatt House Brands in North America

Management Appointment Pyramid Hotel Group
Warren Fields Named CEO for Pyramid Hotel Group

Hotel Opening Mexico
DoubleTree by Hilton Toluca Opens in Mexico

 
 
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