Hotels, airlines in Europe greet growing clientele
Hotels and airlines in Europe are enjoying brisk business similar to the US as demand built up during the pandemic… Read More »
Strong hotel occupancy rise forecast beyond 2022
A new study by Moody’s Analytics CRE projects steady growth for hotel occupancy into 2023, followed by a leveling off… Read More »
Short-term rental market draws hoteliers’ notice, muscle
Hotel chains are moving into Airbnb’s bailiwick, arranging with owners to offer short-term lodging in private residences and exploiting corporate… Read More »
Once-grand Brooklyn hotel on verge of foreclosure
The Hotel Bossert, hailed as the “Waldorf-Astoria of Brooklyn” in its heyday and noted for hosting a Dodgers’ World Series… Read More »
PCL to build mixed-use property in Jacksonville, Fla.
PCL Construction this year will oversee construction of a mixed-use riverfront development in Jacksonville, Fla., with 176 hotel rooms, 25… Read More »
Caesars reportedly looks to sell Flamingo casino-hotel
Caesars Entertainment is interested in selling its Flamingo casino-hotel in Las Vegas and is seeking more than $1 billion from… Read More »
Sunstone Hotel Investors in deal to acquire Fla. Hotel
Sunstone Hotel Investors has formed a definitive agreement to acquire a Miami Beach hotel from an affiliate of Hyatt Hotels…. Read More »
Formula 1 Miami Grand Prix to lift Fla. hotel, retail market
The Formula 1 Miami Grand Prix is debuting this weekend under a 10-year contract, and the event is expected to… Read More »
Commentary: Asking what’s right with Marriott, REIT
Columbia Business School professor Shivaram Rajgopal examines ways in which the largest real estate investment trust in the US, Host… Read More »
Hospitality is Working goes back to work for AHLA
The American Hotel & Lodging Association hopes to stimulate travel, educate the public on its members’ economic impact and attract… Read More »
End pre-test rule for travel to US, industry pleads
Hyatt Hotels has joined more than 260 travel industry and business groups in petitioning the White House to lift the… Read More »
Legoland theme park debuts in South Korea
Legoland Korea Resort in Chuncheon, South Korea, opened to the public Thursday. The Lego-themed park houses a 154-room hotel and… Read More »
Digital provider Toast targets hotel restaurants
The fast-growing restaurant technology company Toast is taking its digital ordering and payment tools into the hotel dining sector. The… Read More »
Marriott reports Q1 profit, sees 2019-level RevPAR
Marriott International beat expectations with a first-quarter profit of $1.25 per share, but leaders of the world’s largest hotel chain… Read More »
New Google search tailored to flights, lodging
Google has revealed several tools meant to help travelers save time and money. Among them is a feature that alerts… Read More »
Bookings CEO upbeat with good news for Q1
The CEO of Booking Holdings waxed ebullient after the largest US online travel service reported first-quarter revenue surpassing analysts’ estimates…. Read More »
Universal Studios Japan adding “Despicable Me” hotel room
A new hotel room is set to open July 15 at Hotel Universal Port at Universal Studios Japan in Osaka…. Read More »
Upscale business hotel startup Mint House raises $35M
Mint House, a lodging startup that caters to business travelers who prefer apartment-style accommodations that are supported by hotel-style amenities,… Read More »
Wynn goes all in with overhaul of Las Vegas property
The ongoing makeover of the Wynn Las Vegas and Wynn Tower Suites is “the most extensive design evolution ever made,”… Read More »
Inflation dims Hilton profit projections
Hilton Worldwide cited inflation’s impact on labor and other costs in forecasting an annual profit below market expectations. Surging leisure… Read More »
Caption by Hyatt begins rollout in Memphis, Tenn.
Memphis, Tenn., has been chosen for Hyatt Hotels Corp.’s first Caption by Hyatt, an upscale, limited-service brand with emphasis on… Read More »
Eastern European hospitality takes hit from war in Ukraine
The Russian invasion of Ukraine has sidelined what figured to be a robust recovery for the hotel business in Eastern… Read More »