Hospitality Net

APRIL 9, 2024

Pro-invest Group, a leading private equity real estate asset manager and investment firm has selected Oracle OPERA Cloud Property Management System (PMS) to standardize operations across its properties.

Property Management 102

Property Management Marketing 102

Hospitality Net

APRIL 9, 2024

In collaboration with renowned hospitality design firm Studio HBA, a division of Hirsch Bedner Associates, Amara Singapore has been re-envisioned as the vibrant social epicentre of the neighbourhood, resonating with the city’s dynamic energy. For 38 years, Amara Singapore has stood as a heritage landmark in the heart of Tanjong Pagar.

Events 102

Events 102

Hospitality Net

APRIL 9, 2024

America’s hotels are projected to generate record levels of federal, state, and local tax revenue this year while paying employees historic totals of wages, salaries, and other compensation, according to state-by-state projections released today by the American Hotel & Lodging Association.

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101

Hospitality Net

APRIL 9, 2024

Marriott International opened the doors of its first all-inclusive resort, the Marriott Cancun, An All-Inclusive Resort, in the Quintana Roo region of Mexico.

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Hospitality Net

APRIL 9, 2024

In my previous newsletters, I describe the virtues of utilizing the mortgage-equity technique when valuing hotels and other types of income properties. This newsletter will explain how to determine the return on the equity component which is based more on the transaction market rather than the financial market.

Marketing 98

Marketing 98

Hospitality Net

APRIL 9, 2024

The luxury industry is undergoing a change. As a result, its products are reaching more and more people. In order to avoid losing exclusivity and uniqueness, many brands are now relying on ‘experiences’.

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98

Hospitality Net

APRIL 9, 2024

As the travel market continues to evolve, with occupancy levels exhibiting extraordinary growth in most major markets around the world, today’s hoteliers are facing an array of challenges in managing their operations efficiently.

Accounting 98

Accounting Marketing 98

Hospitality Net

APRIL 9, 2024

In recent years, hoteliers have entered a period of unexpected disruptions. To address these changes, leading chains and independent operators are looking to integrate modern technologies into their operations and guest offerings.

Procurement 97

Procurement 97

Hospitality Net

APRIL 9, 2024

Behind exceptional hospitality, hoteliers make strategic decisions every day using the best data they have available to continuously improve the guest experience and drive returns for their business.

Marketing 96

Marketing 96

Hospitality Net

APRIL 9, 2024

A few weeks ago, I had the unique opportunity to visit Switzerland to attend the Young Hospitality Summit in Lausanne, Switzerland. I spent my first two days wandering Zürich, the largest city in the country, and I encountered a completely different model of hospitality.

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95

Hospitality Net

APRIL 9, 2024

Raines, a leading hospitality management, development, and investment organization, has added the Cambria Charleston Riverview to its management portfolio.

Hospitality Management 95

Hospitality Management Marketing 95

Hospitality Net

APRIL 9, 2024

Like many of you, I have several meaningful quotes framed and either hanging on a wall or standing upright on a shelf in my office.

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98

Hospitality Net

APRIL 9, 2024

The beachside oasis of Amara Sanctuary Sentosa is set to revitalise its suites, villas, and shared spaces, with completion slated for mid-2024.

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Hospitality Net

APRIL 9, 2024

The 70th meeting of the UN Tourism Commission for Europe brought together 40 high-level representatives in the Albanian capital.

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97

Hospitality Net

APRIL 9, 2024

The hospitality industry continues to witness a significant shift towards personalized guest experiences and enhanced loyalty programs. According to Forbes, loyalty programs are evolving beyond the traditional one-size-fits-all model, catering to individual purchasing behaviors (Fromm, 2024).

Catering 86

Catering 86

Hospitality Net

APRIL 9, 2024

Human-centered leadership is an emerging and influential leadership style that puts people first within an organization. It emphasizes deeply understanding employees’ needs, actively supporting their professional growth and fulfilment, and co-creating an engaging, psychologically safe, and inclusive work environment.

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Hospitality Net

APRIL 9, 2024

Hyatt Regency Lost Pines Resort and Spa is a Texas destination resort near Austin’s Hill Country, tucked away on 405 lush acres along the banks of the Lower Colorado River. The AAA Four Diamond resort, featuring 490 modern ranch-style guestrooms and suites, is an ideal setting for exploring, relaxing, and connecting with nature.

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Hospitality Net

APRIL 9, 2024

A joint venture between Partners Group, a leading global private markets firm, acting on behalf of its clients, and funds managed by Trinity Investments (“Trinity”), announced today the acquisition of The Scottsdale Plaza Resort & Villas (the “Resort”), located in Paradise Valley, Arizona.

Marketing 80

Marketing 80

Hospitality Net

APRIL 9, 2024

Hilton acquires majority stake in Sydell Group, Archer acquires Shelbourne Hotel in Dublin from Kennedy Wilson, Trinity, Oaktree and UBS acquire Park Hyatt Zurich leasehold from Hyatt, King Street acquires Bauer Hotel in Venice from Signa, Aprirose acquires three hotel ground rents in the UK from Lloyds PF, La Llave de Oro acquires Hotel Ciutat de (..)

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78

Hospitality Net

APRIL 9, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed today that the U.S. Travel & Tourism sector has contributed more to the U.S. economy than any previous year on record, despite the slower return of international visitor spend.

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75

Hospitality Net

APRIL 9, 2024

In today’s competitive hospitality landscape, hotels are facing increasing pressure to optimize their revenue streams and stay ahead of industry shifts.

Marketing 75

Marketing 75

Hospitality Net

APRIL 9, 2024

NH Collection Sandton to be launched in Africa’s richest square mile.

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97

Hospitality Net

APRIL 9, 2024

FOR IMMEDIATE RELEASE

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