Hotel News Resource
June, 11 2019
 
 
 
NYU Conference Takeaways: Cautious Optimism Turns to Caution
 
HVS Report - NYU Conference Takeaways: Cautious Optimism Turns to Caution - By Rodney G. Clough
 
The 41st NYU International Hospitality Industry Investment Conference wrapped up on June 4, 2019, and the overall sentiment of the event was one of caution, a shift from a sentiment of cautious optimism at conferences earlier in the year. Read More
 
Market Report Kuala Lumpur
Horwath Market Report - Kuala Lumpur - Upper Upscale & Luxury Market - By Sen Soon Mun
Horwath Market Report - Kuala Lumpur - Upper Upscale & Luxury Market
 
By 2023, approximately 3,000 guestrooms of the top-end segment will have entered the Kuala Lumpur luxury hotel market. Big brands such as Banyan Tree, Four Seasons and W made their presence in 2018, and brands such as Equatorial, Conrad, Regent, Jumeirah, SO Sofitel, Park Hyatt and Kempinski have began, or are expected to begin, operations within the next 5 years. Read more
 
Market Report U.S.
HotStats Releases U.S. Annual Hotel Performance Tracker 2019
 
According to the published report, the U.S. as a whole performed positively in 2018, in both top- and bottom-line measures. Profit growth, or GOPPAR, was up 3.4 percent year-over-year, bolstered by gains in TRevPAR (up 2.9 percent YOY) and a muted increase in total payroll growth. Read more
 
U.S. Employment Trends
U.S. Unemployment Rate in May Remains At 3.6%
U.S. Unemployment Rate in May Remains At 3.6%
 
Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent. Employment continued to trend up in professional and business services and in health care. Read more
 
Events And Hospitality Technology
IVvy, the Online Group Bookings and Hotel Sales Management Software Gets Ready to Dazzle at ROC Americas 2019
 
Fastest growing new generation venue management company will showcase latest groups and events technology at HSMAI’s Revenue Optimization Conference in Minneapolis Read more
 
Hotel Development Washington D.C.
Viceroy Hotels & Resorts Adds Two Washington, D.C. Hotels to Its Portfolio
Mason & Rook Hotel D.C.
 
Viceroy Hotels & Resorts last week announce the brand has been selected by Pebblebrook Hotel Trust (NYSE: PEB) to take over management of Donovan Hotel D.C. and Mason & Rook Hotel D.C. as of July 1, 2019. Read more
 
Hotel Development Spain
Higueron Hotel Malaga Joins Curio Collection
Higueron Hotel Malaga Joins Curio Collection
 
From the city that gave the world Picasso, this hotel boasts 177 guest rooms, Malaga’s only sustainable Michelin-starred restaurant and jaw-dropping views of the Mediterranean Sea. Read more
 
Hotel Development Houston
Five New-Construction Sleep Inn Hotels Coming to Houston Area
Five New-Construction Sleep Inn Hotels Coming to Houston Area
 
Choice Hotels International, Inc. (NYSE: CHH) has signed an agreement with Legacy Partners, LLC to develop five Sleep Inn hotels outside of Houston, Texas. The first hotel is slated to open in 2020. Read more
 
Management Appointment Radisson Hotel Group
Hannes Bos Named Vice President Commercial Asia Pacific for Radisson Hotel Group
 
An experienced hotel professional and revenue leader, Hannes was educated in the Netherlands and Sweden before embarking on his hospitality career with AMS Hotel Group in Amsterdam. Specializing in revenue management, he also held senior management positions with Concorde Hotels in Paris and Millennium & Copthorne in London and Singapor Read more
 
Quirky Hotels
7 of the Quirkiest Hotels You Want To Stay On Your Next Trip
7 of the Quirkiest Hotels You Want To Stay On Your Next Trip
 
Depending on the type of traveler you are, sometimes a hotel is just a place to rest after a long day of exploring the surroundings of your destination. For others, the right hotel is part of what makes the travel experience an interesting one. We have found some of the quirkiest hotels around to give you a memorable experience! Read more
 

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In Brief...
 

Cloud-based Property Management System
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Concord Hospitality Standardizes Accounting on Aptech’s PVNG Cloud-Based Enterprise Financial System for 112 Hotels

Hotel Opening Tanzania
Four Points by Sheraton Dar Es Salaam, New Africa Hotel Opens in Tanzania

 
 
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