Minor Hotels reports 120% Q2 profit growth as global travel demand surges
Global RevPar in Q2 grows 21% y-y, led by Thailand with 62% RevPar growth for owned hotels and 85% y-y growth across all Thailand properties.
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Canada hotel ADR and RevPAR reached record-highs in July
Among the provinces and territories, Newfoundland and Labrador recorded the highest July occupancy level (87.9%), which was 5.0% above 2022.
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Capstone Hotel Management secures management of Portage Resort in NZ’s Marlborough Sounds
New Zealand owned Capstone Hotel Management is pleased to announce it has been appointed as the new management company for Portage Resort (most recently The Portage Hotel) as of 1stAugust 2023.
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5 extraordinary hotel concepts currently on the boards
Writer Pauline Brettell cuts through the noise to uncover the hotel concepts that are currently on the boards that will make the biggest impact when they are made into reality…
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PwC Report - Hotel Industry Digital Transformation - The Current State of Play
The right combination of technology investments can improve guest experience, boost profitability and equip the industry for growth…
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Building a stronger industry image will boost hospitality employment, say researchers
Flinders University's Dr…
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Scotland's Gleneagles named the hotel with the best service in the WORLD in prestigious awards
The hotel has won the World's 50 Best Hotels' ‘Art of Hospitality’ award for 2023 - Gleneagles, located in the heart of Perthshire, first opened its doors in 1924…
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Sick of Junk Fees? Sneaky Hotel Charges Could Be the First to Fall
THE VIEWS EXPRESSED BY CONTRIBUTORS ARE THEIR OWN AND NOT THE VIEW OF THE MESSENGER - Abipartisan effort in the Senate has called for federal legislation that would rein in junk fees charged by hotels…
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Prison cells to luxury rooms: These world-class hotels have a dark history in their halls
Former prisons, jails and a state asylum, these historic properties have been completely reimagined
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Robert Butler named Sage Hotel Management COO
Sage Hotel Management, a Sage Hospitality Group company, has promoted Robert Butler to EVP/COO…
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Opulus hotels CEO Dominic Lambrinos reveals his version of ‘luxury’
An Australian financier and hotelier has revealed his version of ‘luxury’, which includes a chuckle at his business partner and celebrity gardener Jamie Durie.
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New Hard Rock Hotel to open in Portugal’s Algarve
Hard Rock International and Mercan Properties are partnering on the development of Hard Rock Hotel Algarve near Praia do Vau in Portimão.
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LOWER-THAN-EXPECTED summer demand will affect U.S. hotel performance, resulting in a second quarter RevPAR shortfall, according to CBRE…
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Hotel RFPs: The negotiating outlook for 2024 rates
Credible data and only moderate rate increases put a new spin on rate negotiations - As travel buyers make the traditional late-summer start to their annual hotel negotiations (a process still undertaken by 84 per cent of travel managers, according…
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European hotel prices continue rising this summer
Global hotel prices have continued to accelerate this summer led by higher rates in Europe, according to the latest data from hotel analyst STR…
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In Cushman & Wakefield’s latest Hotel Operator Beat survey, Budapest was placed as the most attractive market in CEE, reaching 4.3 points on a 1–5 scale where 5 means very high interest…
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Turn Weak Hotels Into Multifamily Properties
The idea of converting offices to multifamily has attracted a lot of interest, given falling valuations, uncomfortably high vacancy rates, the ongoing popularity of hybrid office use, and the uncertainty of the future…
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Is Jason Grosfeld’s Costa Palmas Resort the New Madoff Scheme?
The East Cape of Los Cabo, Mexico has become a hotbed of luxury developments, including Costa Palmas, a high-end resort owned and operated by Los Angeles real estate firm Irongate…
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