All of the property may be subdivided or redeveloped for multiple uses. Of the $8.55 million, Pebble Beach is listed at $3.6 million and the resort and restaurant are listed at $4.95 million.
JW Marriott Nashville features 533 guestrooms including 37 luxurious suites, a rooftop pool, a full-service Spa by JW, over 50,000 square feet of indoor event space, a 13,000-square foot outdoor event lawn as well as renowned chef and restaurateur Michael Minas first Nashville outpost of Bourbon Steak.
The Baird/STR Hotel Stock Index fell 4.0% in June to a level of 4,863. Year to date through the first half of 2018, the stock index was down 0.5%.
Facebook Dynamic Ads for Travel (DAT) is a specialized advertising format that enables marketers to personalize ads to people who are in process of planning a trip, across Facebook, Instagram, and the Facebook Audience Network.
As social media has evolved, weve seen each platform racing to make on-site content more dynamic. GIFs can be added to comments on Facebook, there are interactive stickers for stories, and video is booming everywhere. The last two weeks worth of social media updates largely reflect this trend, granting hotels and resorts new creative tools to better connect with our audiences.
European destinations have paved the way for an encouraging summer season with a third of reporting destinations enjoying double-digit expansion to date. Europe remains the leading destination worldwide despite increased competition and current forecast for 2018 suggests a moderate expansion trending around 3-4%.
Effective and efficient inventory distribution plays a major role in the overall revenue management strategy for hotels. A well-thought-out inventory management strategy helps revenue managers to sell the right room via the right channel to the right customer at the right time to maximize revenue.
U.S. hotel occupancy declined 3.1% year over year to 63.5% during the week of 1-7 July, and despite a 1.1% ADR increase to $123.59, RevPAR dropped 2% to $78.47.
Hotels in Canada reported occupancy dropped 1.7% to 72% during the week of 1-7 July, but a 3.1% ADR increase to 177.98 Canadian dollars ($135.22) lifted RevPAR up 1.4% to CA$128.13 ($97.35).
Maestro Multi-Property Centralizes Cross-Selling, Integrates Activity & Spa Management, Event Sales, Owner Relations and Guest Service for Award-Winning Destination