POS Partners Inc. Announces Name Change to ServingIntel Inc.
The name change represents the company’s larger commitment to innovation in the Hospitality and Healthcare markets through its Enterprise and Cloud-based platforms.
Marriott International Has Trained 500,000 Hotel Workers to Recognize the Signs of Human Trafficking
Marriott International today announced that, as of this month, it has successfully trained 500,000 hotel workers to spot the signs of human trafficking in its hotels and how to respond if they do, marking a watershed moment in the global fight against this multinational crime.
Sbe Announces 10 Hotel & Residential Projects in Mexico
Mondrian Polanco Hotel & Residences to Debut in 2021 Followed by Mondrian Del Valle in 2022
Dual-branded AC Hotel Atlanta Midtown and Moxy Atlanta Midtown Opens
With a combined 288 rooms and suites, this is the first-ever combination of the AC Hotels by Marriott and Moxy Hotels brands under one roof.
Rosmalia Hardman Named Director of Revenue, Sales and Marketing for Wyndham South East Asia
A Singapore national, Rosmalia comes to Wyndham with more than 30 years of experience driving revenue improvements and creating cross-sector partnerships in a range of industries including hospitality, business services, property development and education across Asia and the Middle East.
HVS Report – Many Hotel Sellers Won Big in 2018 – By Rodney G. Clough
On average, hotel prices increased significantly in 2018, as a strong pool of buyers with favorable outlooks kept downward pressure on cap rates.
MGM Resorts International Appoints Keith A. Meister to the Board of Directors
Mr. Meister is Managing Partner and Chief Investment Officer of Corvex Management LP, which beneficially owns approximately 3% of MGM's outstanding shares.
Study Reveals One of the Biggest Barriers to Internet Adoption is Not Technology, but Language
Booking Holdings Releases New Study on 'The Next Billion' People Who Will Gain Access to the Internet
Positive YOY Performance for US Hotel Industry for December 2018
In December, the U.S. hotel industry reported occupancy was mostly flat (+0.1% to 54.1%), but a 1.8% ADR increase to $124.28 pushed RevPAR up 1.9% to $67.20.
U.S. Hotels Post Record Year In 2018
In 2018, the U.S. hotel industry saw occupancy increase 0.5% to 66.2%, according to STR, while ADR rose 2.4% to $129.83 and RevPAR increased 2.9% to $85.96.