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Riyadh hotels post highest February occupancy since 2008

eHotelier

Riyadh’s hotel occupancy was its highest for a February since 2008, according to preliminary data from STR.

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U.S. Hotel Construction pipeline increases in all project stages year-over-year

eHotelier

Up 9% by both projects and rooms year-over-year (YOY); project totals at Q1 ‘23 are just 338 projects, or 5.7%, behind the all-time high of 5,883 projects recorded in Q2 2008. In the latest United States Construction Pipeline Trend Report from Lodging Econometrics (LE), analysts report that construction pipeline projects in the U.S.

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Risky business: Highlighting an intense focus on risk management

SAS

2023 delivered a raft of notable bank failures, the largest since the 2008 financial crisis. Silicon Valley Bank and others succumbed to collapse, triggering widespread reverberations and heightened market uncertainty. We also saw a tsunami of AI innovation, expanding fraud and financial crimes, workforce transformation and climate risk.

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Will 2024 Go Up, Down or Sideways for Hoteliers?

Hospitality Net

Most election years have been kind to our industry — 2008 was an exception. Both likely presidential hopefuls have such low ratings that more than half the country would like to see them disappear. So, what is in store for us?

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Why Britain has become the top destination for US ‘bleisure’ invasion

Hospitality Net

Ever since American trader Ben Hockett made millions during the 2008 global financial crisis by trading online from an Exmouth pub, travel marketers have tried to sell the concept of mixing holidays with work. It’s the travel trend that never quite took off.

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Graduate Hotels launches Victory Lap marketing campaign

Boutique Hotel News

Since inception in 2008, AJ has invested in, or currently manages, approximately 100 portfolio assets, including over 7,300 hotel keys and 1.2 Graduate Hotels operates a portfolio of over 30 hotels across the US and the UK. The brand is owned by hospitality and real estate investors AJ Capital Partners.

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Drawn To Hospitality Design

Lodging Magazine

Before joining Stonehill Taylor in 2008, I was working at MTV as a designer. What initially inspired you to get into the hospitality business? During my time there I was managing the interior design of their Times Square store and I fell in love with the process.

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