New law set to bring integrated resorts to Japan
The IR Implementation Act is new legislation in Japan that provides regulations surrounding integrated resort and casino operations as well… Read More »
Melia bets on Thai revival with 5-star Chiang Mai hotel
Spanish chain Melia plans to open a five-star hotel in Chiang Mai, Thailand, giving a vote of confidence to a… Read More »
Hotels at fore as CMBS servicing rate drop persists
The commercial mortgage-backed securities special servicing rate continued its downward trajectory last month, dropping by 41 basis points to 8.24%,… Read More »
Housekeeping cutbacks: Acceptance vs. aggravation
The discontinuation of daily housecleaning has become a fact of life for many hotel guests, and the reception is mixed… Read More »
Las Vegas firm faces tall odds with $450M La. resort plan
Doubts loom over a much-ballyhooed proposal to transform a Louisiana recreational area into a multi-purpose family resort at an estimated… Read More »
Choctaw casino-resort nears opening after $600M upgrade
A new 21-story tower headlines the $600 million expansion of the Choctaw Casino & Resort in Durant, Okla., near the… Read More »
Hotel chains ratchet up short-term rental push
Hospitality giants such as AccorHotels and Marriott International are escalating their battles with the likes of Vrbo and Airbnb for… Read More »
Buyers Look to Manage Traveler Expectations in New Hotel Terrain
In early July, Hilton Worldwide did away with automatic daily housekeeping at its non-luxury brands in the United States, and… Read More »
Mask mandate returns for some Las Vegas casino workers
Las Vegas casinos such as Las Vegas Sands and the Westgate hotel-casino are reinstating mask requirements for all their employees,… Read More »
Hawaii tourists invited to pitch in
Visitors to Hawaii are contributing time and talent to local communities and being rewarded with free nights in hotels under… Read More »
Ette hotels’ wellness binge includes alcohol abstinence
Developers of a 126-key luxury lifestyle hotel set to open this summer in Orlando, Fla., are banking on changing consumer… Read More »
Kings Island in Ohio unveils $27M Camp Cedar resort
Kings Island in Mason, Ohio, announced the opening of its new Camp Cedar outdoor resort Thursday. The $27 million resort… Read More »
$175M facelift to transform iconic S. Florida resort
A South Florida resort with a history of hosting the rich and famous dating back to the Roaring ’20s is… Read More »
Radisson Creates New Latin America, Caribbean Executive Role
Radisson Hotel Group Americas has appointed former Marriott International executive Paul Adan to the newly created role of managing director… Read More »
Hoteliers’ exemption plea delays French Quarter tax
A French Quarter sales tax that was to go into effect July 1 won’t be imposed before October at the… Read More »
Room rates hit new high, occupancy keeps climbing
Average daily room rates for US hotels set an all-time record as of July 10 as occupancy continued improving, STR… Read More »
Vaccinations reach more than half of traveling public
The majority of US travelers are now fully vaccinated, but nearly one-fifth say they’ve no intention of getting their shots,… Read More »
Four Seasons Hotel Miami changes hands for $130M
Fort Partners reportedly has purchased the Four Seasons Hotel Miami for approximately $130 million, giving the company control of all… Read More »
Hotel firm may be Deutsche Bank FX derivatives victim
The Palladium Group hotel chain co-owned by former Spanish Foreign Minister Abel Matutes Juan is included in Deutsche Bank’s internal… Read More »
Report surveys diversity in foodservice, hospitality
A new report created by SmartBrief and the Multicultural Foodservice and Hospitality Association includes an in-depth survey of SmartBrief readers… Read More »
Worries mount as coronavirus invades Japan hotels
Hotels are laboring to safeguard guests and staff from the coronavirus in largely unvaccinated Japan, where infections have struck at… Read More »
Oyo Raises $660M in Term Loan B Funding
India-based hotel company Oyo Rooms has raised $660 million from global institutional investors in term loan B funding, the company… Read More »
This Czech spa town makes the most of its hot springs
The Czech spa town of Karlovy Vary is known for its spas and hot springs. Prezident Luxury Spa & Wellness… Read More »
Hotels, resorts trounce Airbnb in consumer survey
Hotels and resorts are overwhelmingly favored over short-term rentals and timeshares by American consumers, a new survey shows. The ValuePenguin… Read More »
Travelers more than ready, hotel exec, expert proclaim
A hospitality executive and an industry analyst waxed bullish about consumer demand and prospects for recovery in a recent CBRE… Read More »
CorePoint Lodging considers possible sale of company
CorePoint Lodging is considering a possible sale of the company amid a larger exploration of its strategic alternatives. The REIT… Read More »