Middle East Registers Record-High Hotel Openings in 4th Quarter
The sheer number of hotel openings in the region indicates that the Middle East is making sure that it has enough capacity to accommodate the growing number of tourists.
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Japan to lure hotel operators to open luxury inns in national parks
Japan will launch a project to encourage global hotel operators to open luxury properties in national parks as early as in 2024, Nikkei has learned, as part of plans to bring in more tourists post-COVID…
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Growing Importance of Wellness in the Hospitality Real Estate Sector
Latest Trends in Wellness Real Estate Sector - Only a few years ago, wellness real estate sector was only an emerging industry, not well understood by the stakeholders, from consumers to developers and investors…
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AccorInvest and m3connect: taking hospitality to the cloud
Through its partnership with m3connect, AccorInvest has used the cloud to enhance the sustainability, efficiency and resilience of its hotel portfolio
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First-time Buyers Account for 16% of Global Hotel Investment Volume in 2022 According to JLL
As the world continues to find a new normal post-COVID, consumers have placed heightened importance on travel and experiences, which has accelerated lodging demand, and resulted in RevPAR reaching or exceeding 2019 levels in some markets…
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Hyatt Reports Record Hotel Pipeline of Approximately 117,000 Rooms Worldwide As of Year-end 2022
Hyatt Hotels Corporation shared today that Hyatt is positioned for continued transformative growth in 2023 and beyond with a record pipeline of approximately 117,000 rooms worldwide as of year-end 2022…
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Accor announced the creation of Accor One Living – an industry-first platform dedicated to the integration of innovative hospitality solutions into mixed-used developments.
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Choice Hotels CEO Patrick Pacious Named 'Best CEO' for Fourth Consecutive Year by Comparably
For the fourth year in a row, Choice Hotels International, Inc. President and CEO Patrick Pacious has been named one of the highest-rated CEOs, according to Comparably's 2022 Best CEO rankings…
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European Hotel Leaders Expect More Distressed Sales
What's ahead for hotel investment in Europe? A survey of more than 100 hotel leaders points to both risks and a window for opportunistic acquisitions.
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Why hotel investors are opting for upgrades over new builds
Hotel investors are moving away from new developments in light of expensive construction loans and skyrocketing costs for materials and labor.
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BILTMORE’S MURTAGH FOSTERS DIVERSITY FOR GREATER GOOD
Abby Murtagh says she is laser focused on further developing her team because an elevated and empowered staff is what she believes drives results for owners at the recently renovated Arizona Biltmore, A Waldorf Astoria Resort…
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BET Co-Founder Expands Hotel Brand Salamander in Pursuit of the New Luxury
Entrepreneur Sheila Johnson has been steadily expanding her luxury hotel empire. Some call her business, which has lately generated buzz, an overnight success that's been 17 years in the making.
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BIGGER IS ONLY BETTER WITH TRAINING WHEELS ON
In a perfect world, increasing size and scale should lead to operating efficiencies, improved profit margins, a strong growth trajectory (both per unit and in the number of units), career opportunities for employees, and competitive prices and…
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Saudi Arabia unveils master plan for Rua Al Madinah project
Saudi Arabia has unveiled the master plan for its Rua Al Madinah Project which will be constructed in the area east of the Prophet’s Mosque.
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WYNN PRESIDENT TEACHES, LEADS WITH STORIES
Brian Gullbrants has opened 23 hotels during his career and as a result developed a habit of personally delivering employee orientations…
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Time for Hotels to Stop Cheating on Their Branding
Hotels use a branding model that is, for the most part, broken. That reality leaves a gap for savvy marketers to exploit. Here's a refresher on tactics to use according to the professor who literally wrote the book on hospitality branding…
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The branding decision process from the owner’s perspective
The thought process involved in the branding decision process will undoubtedly impact the long-term success of the asset…
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Serge Trigano, co-founder of Mama Shelter
“Life is flamboyant and sassy,” according to Serge Trigano, the co-founder of Mama Shelter. The entrepreneur is making his mark on the hospitality industry by creating a new lifestyle boutique accommodation concept…
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