Top Hospitality Management Today Back Office Operations Regulatory Compliance Content for Tue.Feb 13, 2024

Deka Immobilien acquires London’s Ruby Zoe hotel for €62m

Hotel Owner

FEBRUARY 13, 2024

It is leased long-term to Ruby Hospitality UK Ltd, a subsidiary of the rapidly expanding Ruby GmbH hotel group based in Munich. The fund has built up a tactical liquidity ratio of over 35% via continuous net cash inflows. The Ruby Zoe is the second Ruby hotel in London.

Marketing

Bob W completes €40m Series B funding round

Serviced Apartments

FEBRUARY 13, 2024

Finland: Helsinki-based, tech-powered hospitality operator Bob W has announced the completion of a €40 million Series B funding round. This funding enables us to further develop our technology, recruit top talent, and reinforce Bob W as Europe’s most loved hospitality brand,” he added. The company also offsets emissions of each stay.

Customer Service

Customer Service Procurement Information Marketing

How to do Unhinged Marketing the Right (and the Wrong) Way

Social Hospitality

FEBRUARY 13, 2024

Author Bio: Kaylani Mills is a seasoned influencer marketing expert and digital content creator at Net Influencer. The post How to do Unhinged Marketing the Right (and the Wrong) Way appeared first on Social Hospitality. Seek advice from pros and dive into ethical marketing to make a positive impact.

Marketing

Marketing Download Reservations Accounting

ibis ?stanbul ?i?li Welcomes Guests at a Prime Location

Hospitality Net

FEBRUARY 13, 2024

Offering an accessible, high quality and comfortable accommodation experience in more than 1260 locations around the world, ibis launches the first "Charlie’s Corner" restaurant concept in Türkiye with ’ibis İstanbul Şişli’.

Embracing the sponge mentality: The pathway to leadership

Hospitality Net

FEBRUARY 13, 2024

For me, the concept of the "sponge mentality" stands out as a beacon of growth and adaptability. It is a process that embodies the metaphor of a sponge, soaking up knowledge and experiences and squeezing them out to share with others.

Freed Developments reveals an $800M luxury hotel and residences skyscraper in Toronto

Hospitality Net

FEBRUARY 13, 2024

Visionary real estate developer Peter Freed of Freed Developments announces first-ever Freed Hotel and Residences tower located at Adelaide and Duncan, just west of University. This $800M skyscraper will bring both Katsuya by Sam Nazarian’s Disruptive Group by sbe and artwork by renowned Japanese artist Takashi Murakami to Toronto.

Centara Hotels & Resorts Unveils Five New Properties, Marking a Dynamic Start to the New Year

Hospitality Net

FEBRUARY 13, 2024

Centara Hotels & Resorts is excited to announce the addition of five distinctive properties to its diverse portfolio, strengthening its footprint in Thailand and Vietnam and setting the stage for strategic growth initiatives both domestically and overseas.

Loews Arlington Hotel and Convention Center Opens in North Texas

Hospitality Net

FEBRUARY 13, 2024

$550 Million Hotel Development is Loews’ Second Loews Property in the Metroplex, adding 888 rooms and 266,000 square feet of function space to Arlington’s Entertainment District

Atzaró Group announce May 2024 opening of Atzaró Okavango Camp in Botswana

Hospitality Net

FEBRUARY 13, 2024

Atzaró Okavango Camp, opening May 2024 is a uniquely premium safari lodge in an unrivalled location at the heart of the Delta’s meandering waterways in Botswana.

Chablé Announces New Chablé Yucatán Residences

Hospitality Net

FEBRUARY 13, 2024

Chablé Hotels, Mexico’s leading luxury hospitality and wellness brand, is pleased to announce the addition of new Chablé Yucatán Residences in the heart of Mexico’s famed Yucatán Peninsula outside the historic city of Mérida.

Hampton Inn & Suites Jackson Unveils Stunning Renovations, Elevating Guest Experience

Hospitality Net

FEBRUARY 13, 2024

Hampton Inn & Suites Jackson proudly announces the completion of its extensive renovation project, ushering in a new chapter of modern comfort for guests.

CapitaLand Investment establishes CapitaLand Ascott Residence Asia Fund II to invest in lodging properties amidst growing demand

Hospitality Net

FEBRUARY 13, 2024

CapitaLand Investment Limited (CLI) has established its new lodging private fund, CapitaLand Ascott Residence Asia Fund II (CLARA II). With a target equity size of US$600 million (S$800 million[1]), CLARA II will invest in serviced residences and coliving properties in gateway cities in key developed Asia Pacific markets.

Marketing

National Hotel Miami Beach Embracing Flexible Financial Management Tools to Streamline Back-Office Operations

Hospitality Net

FEBRUARY 13, 2024

With 101 newly designed city and direct ocean view guest rooms in its historic tower and 36 luxurious cabanas and suites, The National Hotel Miami Beach is impressing guests with stunning views, luxury accommodations, personalized experiences, and unparalleled service.

Back Office Operations

Back Office Operations Budgeting Accounting

Hotel sustainability: A full guide for hotel owners

Hospitality Net

FEBRUARY 13, 2024

Hotel sustainability refers to the practices and policies that hotels implement to minimise their environmental impact, promote social responsibility, and ensure economic viability.

Wyndham Simplifies Group Travel, Brings Instant Booking to 5,600+ U.S. Hotels

Hospitality Net

FEBRUARY 13, 2024

Group bookings across the industry’s largest portfolio of economy and midscale hotels will soon take minutes—not days—thanks to Groups360 and the rapid rollout of over 5,600 Wyndham hotels to the GroupSync™ Marketplace.

Book

Extended Stay America Develops First Select Suites Prototype in Wildwood, FL

Hospitality Net

FEBRUARY 13, 2024

The franchised property is being developed by Southern Hospitality. Extended Stay America, the leading mid-priced extended-stay hotel brand, announces the groundbreaking of the first new construction Extended Stay America Select Suites prototype in Wildwood, Florida.

Pricing

Roomza for Hotels Innovates with Personalized Boutique Licensing Model

Hospitality Net

FEBRUARY 13, 2024

In an era where personalization is not just valued but expected, Roomza is setting a new benchmark in the hospitality industry with the launch of Roomza for Hotels, a pioneering licensing opportunity that allows hotels to create personalized boutique spaces within their existing establishments.

Marketing

Hotel call center 101: Elevate the guest experience and drive direct bookings

Hospitality Net

FEBRUARY 13, 2024

Imagine a guest calling your hotel, resort, or casino. They desire instant connections, quick responses to their queries, and reservation information. To achieve this, you need a skilled team poised to promptly fulfill those needs.

Book

Book Reservations Information

"Dusit Thani PLC Expands Luxury Residential Management with ’Dusit Hospitality Services,’ Signs Three-Year Facility Deal with ’MARQUE Sukhumvit’"

Hospitality Net

FEBRUARY 13, 2024

Dusit Hospitality Services, a subsidiary of Dusit Thani Public Company Limited (DUSIT), one of Thailand’s leading hotel and property development companies, has expanded its operations in the luxury residential management segment by winning the contract to manage MARQUE Sukhumvit, a super luxury condominium which has the highest price per square meter (..)

Property Development

Property Development Pricing

Eduardo Burkard Joins Fairmas North America to Spearhead Business Growth

Hospitality Net

FEBRUARY 13, 2024

Fairmas, a leading provider of financial planning and management software solutions for the hospitality industry, proudly announces the appointment of Eduardo Burkard as the new Sales Manager, North America, specifically for the US market. He will be a valuable addition to the North American team.

Marketing

Shiji PMS is changing how hospitality operations work with deep ReviewPro data integration

Hospitality Net

FEBRUARY 13, 2024

Shiji, the global hospitality technology innovator, proudly announces the seamless integration of Shiji ReviewPro data into its PMS dashboards. This initiative aims to streamline operations for hotel teams, recognizing the pivotal role of the front desk in shaping guests’ first impressions and overall experiences.

Guest Satisfaction

Generative AI and Neural Net Fundamentals

Hospitality Net

FEBRUARY 13, 2024

There are two answers to the question of how generative AI models work. Empirically, we know how they work in detail because humans designed their various neural network implementations to do exactly what they do, iterating those designs over decades to make them better and better.

Training

Record Revenue Drives 450% Profit Growth for Minor Hotels in Full-Year 2023 Earnings

Hospitality Net

FEBRUARY 13, 2024

billion) in 2023, propelling the international hotel owner and operator’s core net profit to grow by 450% compared to the previous year. Minor Hotels has reported record full-year core revenue of THB 121.4 billion (approx.

HSMAI’s Leaders Reflect on 2023

Hospitality Net

FEBRUARY 13, 2024

In 2023, we witnessed our industry make an extraordinary shift from resilience to flourishing, we all wrapped our heads around the explosion of generative AI and accompanying technology innovations, and we continued to relish the opportunity to meet in person.

Presentation

FutureLog Achieves Milestone Year, Setting the Pace in Hospitality Procurement Technology Innovation in 2024 and Beyond

Hospitality Net

FEBRUARY 13, 2024

In a year marked by dynamic progress and innovation, FutureLog, a leading provider of procure-to-pay software for the hospitality industry, celebrated significant accomplishments in 2023, reinforcing its commitment to advancing the P2P journey for hoteliers worldwide.

Procurement

Europe Hotel Transactions Bulletin - Week Ending 09 February 2024

Hospitality Net

FEBRUARY 13, 2024

Real Hotels acquires Amazonia Hotel Group and its four hotels in Portugal, REAM SGR acquires former Golden Palace Hotel in Turin, Portuguese group acquires Hotel Lago Montargil & Villas in central Portugal, 12.18.

Master’s student portrait: Jeanne Schlaefli dives into finance

Hospitality Net

FEBRUARY 13, 2024

Here’s a taster of the latest episode with Jeanne Schlaefli. After graduating from EHL in 2019, Jeanne went on to do a second bachelor’s and then a Master of Arts in Accounting and Corporate Finance, both at the University of St. Gallen (HSG). She is now a senior consultant at EY Switzerland.

Accounting

Data-Driven Hospitality Success: Empowering Decisions & Guest Experiences

Hospitality Net

FEBRUARY 13, 2024

In today’s fast-paced hospitality world, having a solid data ecosystem is crucial for staying ahead of the curve and giving guests what they want. But here’s the thing: getting those insights isn’t always a walk in the park.

Information

Small Luxury Hotels of the World™ selects Mews as a preferred PMS partner

Hospitality Net

FEBRUARY 13, 2024

Mews, the industry-leading hospitality cloud, is now a preferred PMS partner for Small Luxury Hotels of the World™ (SLH).

Marriott International Reports Strong Fourth Quarter and Full Year 2023 Results

Hospitality Net

FEBRUARY 13, 2024

Marriott International, Inc. Nasdaq: MAR) today reported fourth quarter and full year 2023 results.

What a luxury hospitality group CEO looks at when inspecting a hotel

Hospitality Net

FEBRUARY 13, 2024

Sonia Cheng, CEO of Rosewood Hotel Group, reveals what she’s looking for when inspecting properties from her global portfolio.

Hotel Industry Investors Cheer Expected Rate Cuts and Improving Fundamentals in 2024

Hospitality Net

FEBRUARY 13, 2024

As owners, investors and operators met in Los Angeles for the Americas Lodging Investment Summit, a healthy dose of optimism permeated the conference halls and the plaza in front the Starbucks next to the JW Marriott host property.

Radisson Hotel Group to maintain expansion momentum in the Middle East and Africa, building on a year of record success

Hospitality Net

FEBRUARY 13, 2024

Radisson Hotel Group solidified its position as one of the leading international hotel groups in the Middle East and Africa during 2023 by signing 22 hotels, resorts, and serviced apartments, adding over 3,800 rooms to its regional portfolio, remaining dedicated to its vision of being among the top three hotel brands globally and the preferred choice (..)

The Role of USALI and Operational Benchmarking in Financial Management

Hospitality Net

FEBRUARY 13, 2024

Operational benchmarking is a crucial practice in today’s volatile, uncertain, complex, and ambiguous (VUCA) world, especially in industries like hospitality.

Accounting

Bob W secures €40 million in Series B funding for continued pan-European expansion

Hospitality Net

FEBRUARY 13, 2024

Tech-powered hospitality operator, Bob W, has announced the completion of a €40 million Series B funding round.

Airbnb Q4-2023 and full-year financial results

Hospitality Net

FEBRUARY 13, 2024

We issued our fourth quarter and full-year 2023 financial results. You can read the details here.

Hotel Market Beat UK – Full Year 2023

Hospitality Net

FEBRUARY 13, 2024

Overview (..)

Marketing

Tue.Feb 13, 2024

Deka Immobilien acquires London’s Ruby Zoe hotel for €62m

Bob W completes €40m Series B funding round

Trending Sources

How to do Unhinged Marketing the Right (and the Wrong) Way

ibis ?stanbul ?i?li Welcomes Guests at a Prime Location

Embracing the sponge mentality: The pathway to leadership

Freed Developments reveals an $800M luxury hotel and residences skyscraper in Toronto

Centara Hotels & Resorts Unveils Five New Properties, Marking a Dynamic Start to the New Year

Loews Arlington Hotel and Convention Center Opens in North Texas

Atzaró Group announce May 2024 opening of Atzaró Okavango Camp in Botswana

Chablé Announces New Chablé Yucatán Residences

Hampton Inn & Suites Jackson Unveils Stunning Renovations, Elevating Guest Experience

CapitaLand Investment establishes CapitaLand Ascott Residence Asia Fund II to invest in lodging properties amidst growing demand

National Hotel Miami Beach Embracing Flexible Financial Management Tools to Streamline Back-Office Operations

Hotel sustainability: A full guide for hotel owners

Wyndham Simplifies Group Travel, Brings Instant Booking to 5,600+ U.S. Hotels

Extended Stay America Develops First Select Suites Prototype in Wildwood, FL

Roomza for Hotels Innovates with Personalized Boutique Licensing Model

Hotel call center 101: Elevate the guest experience and drive direct bookings

"Dusit Thani PLC Expands Luxury Residential Management with ’Dusit Hospitality Services,’ Signs Three-Year Facility Deal with ’MARQUE Sukhumvit’"

Eduardo Burkard Joins Fairmas North America to Spearhead Business Growth

Shiji PMS is changing how hospitality operations work with deep ReviewPro data integration

Generative AI and Neural Net Fundamentals

Record Revenue Drives 450% Profit Growth for Minor Hotels in Full-Year 2023 Earnings

HSMAI’s Leaders Reflect on 2023

FutureLog Achieves Milestone Year, Setting the Pace in Hospitality Procurement Technology Innovation in 2024 and Beyond

Europe Hotel Transactions Bulletin - Week Ending 09 February 2024

Master’s student portrait: Jeanne Schlaefli dives into finance

Data-Driven Hospitality Success: Empowering Decisions & Guest Experiences

Small Luxury Hotels of the World™ selects Mews as a preferred PMS partner

Marriott International Reports Strong Fourth Quarter and Full Year 2023 Results

What a luxury hospitality group CEO looks at when inspecting a hotel

Hotel Industry Investors Cheer Expected Rate Cuts and Improving Fundamentals in 2024

Radisson Hotel Group to maintain expansion momentum in the Middle East and Africa, building on a year of record success

The Role of USALI and Operational Benchmarking in Financial Management

Bob W secures €40 million in Series B funding for continued pan-European expansion

Airbnb Q4-2023 and full-year financial results

Hotel Market Beat UK – Full Year 2023

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