the source for hotel industry news
Marriott International, Inc. (NASDAQ: MAR) today announced that it has purchased the 270-room W New York – Union Square in the heart of Manhattan’s dynamic Union Square neighborhood. The company paid $206 million for W New York – Union Square, with plans for a significant renovation.
Radisson Hotel Group announced the signing of the first Radisson-branded hotel in Russia. Set to arrive in the Urals region of the country, the newly built Radisson Hotel Perm will have 150 rooms and is due to open in late 2021.
During the week of 6-12 October, U.S. hotel occupancy fell 1.4% to 70.8%, ADR dipped 1.2% to $131.38 and RevPAR decreased 2.6% to $92.99.
Canadian hotel occupancy rose 1.6% to 70.4% during the week of 6-12 October while ADR increased 0.7% to 158.96 Canadian dollars ($120.90) and RevPAR rose 2.3% to CA$111.91 ($85.11).
Choice Hotels International, Inc. (NYSE: CHH) has signed a 10-year extension of its existing master franchising agreement with Choice Hotels Japan and expects to open more than 30 new Comfort hotels in the market by 2033.
By using integrated and centrally controlled digital branding and motion graphics, etech takes event branding, content management and digital signage to the next level. Event Technology, LLC, does business as etech.
Bay State Linen implements the InvoTech Laundry System to Manage Customer Accounts and Increase Profitability
Last month, Starfleet Research, the leading provider of best practices IT market research for the hospitality industry, released The 2019 Smart Decision Guide to Hospitality Revenue Management. Now in its fifth edition, this title is widely considered to be the hotel industry’s most authoritative and comprehensive resource on this topic. The new edition is now available for complimentary access.
Imagine you’re an avid traveler, who is no stranger to luxury perks. With a passport that boasts stamps from destinations around the world, you’ve found yourself making a temporary home at countless hotels, each with their own unique appeal.
Travel influencers are having a moment. With the ability to showcase stunning photography and lesser-known parts of the world, social media is the perfect platform for avid travelers to gain a following. This provides the perfect opportunity for hotel brands to partner with influencers and tap into those audiences in order to reach ideal guests.