Staybridge Suites® – Charlottesville Airport Opens
Features an appealing combination of fresh, modern, and engaging design elements, creating a distinctive style that is evident throughout the communal spaces and in every suite
Cendyn and SevenRooms Connect Hospitality Platforms
Integration unites hotel CRM + reservation & guest engagement platform for enhanced guest profiles, elevated on-property experiences & streamlined operations
Crystal Investment Property Facilitates the Sale of Cannery Pier Hotel – Astoria, OR
Bringing Together the Principals in the Sale of This Historic Luxury Waterfront Hotel
HFTP Charters New Chapter in San Antonio, Texas USA
A chapter interest meeting was held last month on September 19 at the Grand Hyatt in downtown San Antonio, Texas USA. All HFTP members and area hospitality industry professionals were invited to attend for networking and learning more about the development of this chapter.
The Fullerton Hotel Sydney Opens at 1 Martin Place
On October 18, The Fullerton Hotel Sydney opens its doors in the heart of Sydney's Central Business District. Housed in the iconic former General Post Office (GPO) building at No. 1 Martin Place, the luxury hotel breathes new life into the city's much-loved landmark.
Hoteles City Express Announces 3Q19 Results with a 9.5% Growth in Total Revenues
At the Chain level, Average Daily Rate increased 6.0% and Revenue per Available Room decreased 0.5 percentage points compared to 3Q18, to $1,021 and $596, respectively. Chain occupancy in 3Q19 was 58.4%.
Third Quarter 2019: Is Bad News Fake News? (PDF Download)
Only hotels in the South Atlantic region experienced a positive price momentum during this period. The performance of hotels in non-gateway cities declined at a faster rate relative to those in gateway cities. Hotel financial operating performance has finally returned to positive profitability with operating profit exceeding both a hotel property’s operating costs as well as financial (borrowing) cost, based on economic value analysis (EVA).
DoubleTree by Hilton Toyama to Open in 2022
Hilton (NYSE: HLT) today announced that the company entered into a management agreement with Ikeda Hotel Management Co., Ltd. to open DoubleTree by Hilton Toyama in 2022. This is the first property for Hilton in the Hokuriku region, located in northwest Japan.
The Clan Hotel Singapore to Open Q2 2020
Far East Hospitality today held a press conference at ITB Asia 2019, where Mr Arthur Kiong, Chief Executive Officer, Far East Hospitality, introduced upcoming modern luxury hotel – The Clan Hotel Singapore.
Accor Group Reports Q3 2019 Revenue of €1,049 Million – +4.1% Like for Like
Full-year 2019 EBITDA target between €820 million and €840 million