Tue.May 09, 2023

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U.S. hotel commentary - March 2023

Hospitality Net

One quarter of the way through 2023, industry results reflect a shift in mindset to a true post-COVID environment, with 2.8% demand growth and 7.8% ADR growth leading to respectable 10.4% RevPAR growth year over year.

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ASSA ABLOY Global Solutions Wins 2023 Red Dot Design Award for VingCard Novel

Hospitality Net

ASSA ABLOY Global Solutions, a leading provider of advanced security technology for the hospitality industry, is honored to announce details on its latest award achievement with the naming of VingCard Novel as this year’s Product Design winner at the Red Dot Design Awards.

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Using Technology to Make Human Connections: Today’s Hotels Need Both Tech and the Human Touch

Hospitality Net

Technology is transforming our world in real-time, at an increasingly blistering pace – but at what cost? This question continues to percolate in the background as exciting new innovations enter the fold, quickly stirring up mainstream interest and adoption.

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U.S. Major Market RevPAR Rebounds in 2023

Hospitality Net

For the first time since the onset of the COVID pandemic, CBRE is forecasting the 2023 aggregate revenue per available room (RevPAR) for the nation’s 65 major markets to return to 2019 levels. In 2022, RevPAR recovered nationally but continued to lag in the major markets.

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From the Back of House to President of the HFTP: An Interview with Neil Foster

Hospitality Net

At first – and even second and third glance, Neil Foster’s career in the hospitality industry gives no impression of being an accident. And yet, Foster himself would describe his introduction to the hospitality world as a happy accident.

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Porsche and Nobu Hotel Atlanta debut immersive hospitality experience

Hospitality Net

PCNA) and Nobu Hotel Atlanta have teamed up to create an immersive, first-of-its-kind hospitality experience for travelers from across the globe. Porsche Cars North America, Inc. Located just north of Porsche’s U.S. headquarters, Nobu Hotel Atlanta unveils today the new Porsche Icon Suite and Porsche Classic Room.

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Meet the Money 2023 Special Presentation: Lodging Industry SWOT Analysis and Performance Outlook

Hospitality Net

JMBM’s Global Hospitality Group® recently hosted the 30th edition of Meet the Money® national hotel conference. Alongside investment boot camps and insightful discussion panels, the conference featured several exciting special presentations interpreting the latest data and industry sector highlights.