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Hospitality

Crowne Plaza Resort Nepalgunj to Open 2028 in Nepal

2024-05-15 17:54:25| Hotel Resource

IHG announced the signing of a management agreement with Mansarovar Amusement Park & Resort to develop Crowne Plaza Resort Nepalgunj, Nepal. Scheduled to open in early 2028, the resort will feature over 100 keys and will strengthen the IHG portfolio in the SWA region.

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Hospitality
 
Conrad Bahrain Financial Harbour Hotel Opens

2024-05-15 17:54:25| Hotel Resource

Conrad Hotels & Resorts, Hilton's (NYSE:HLT) luxury hotel brand, today announced the opening of Conrad Bahrain Financial Harbour, signifying the debut of the brand in Bahrain.

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Hospitality
 
Qatar's April Hotel Performance Peaked During Eid Al&Fitr

2024-05-15 17:54:25| Hotel Resource

Qatar saw its highest daily occupancy levels on Thursday, 11 April (90.9%) and Friday, 12 April (91.7%). The country recorded its highest ADR on the same two nights,.

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Hospitality
 
Sydney Hotels Saw Improved Performance in April

2024-05-15 17:54:25| Hotel Resource

Looking ahead, forward occupancy on the books is continuing to run ahead of the 2023 pace for May and June with 53% and 31% booked as of 6 May.

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Hospitality
 
AI and Human Input: Hospitality Leader Andrew Rubinacci's Shares His Recipe for Revenue Management Success & By Alan Young

2024-05-15 17:54:25| Hotel Resource

When I asked Andrew Rubinacci to describe the early days of his illustrious hospitality career, his answer was one you might not expect & I was a guinea pig, hell say with a smile. 'I was, quite literally, the first revenue manager at InterContinental Hotels Group (IHG).' Today, Rubinacci is a well&known name in an industry of hotel revenue and technology experts, bringing over 25 years of commercial leadership experience to the table and a resume that includes a number of executive positions ranging from Chief Commercial Officer at Omni Hotels & Resorts to Senior Vice President of Distribution & Revenue Management for InterContinental Hotels Group (IHG).

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Hospitality
 
New Jersey Franchise Bill Takes Dangerous Step Forward, Despite Significant Concerns Expressed by Majority of Committee

2024-05-14 20:53:30| Hotel Resource

American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey released the following statement today after a committee in the New Jersey Assembly approved A3495, a bill that would destroy the hotel industry in the state.

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Hospitality
 
The First Collection at Jumeirah Village Circle, a Tribute Portfolio Hotel Opens in Dubai

2024-05-14 20:53:30| Hotel Resource

Tribute Portfolio welcomes its first hotel in the Middle East with the launch of The First Collection at Jumeirah Village Circle, a Tribute Portfolio Hotel in Dubai.

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Hospitality
 
Home2 Suites by Hilton Huntsville in Huntsville, TX Listed for Sale

2024-05-14 20:53:30| Hotel Resource

HVS Brokerage & Advisory, as the sole and exclusive advisory firm to ownership, presents the opportunity to acquire the 90&key Home2 Suites by Hilton Huntsville, a newly built, extended&stay, limited&service hotel asset in Huntsville, Texas.

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Hospitality
 
Forty&five Percent of the Hotel Projects in European Total Hotel Pipeline Are Under Construction at the End of Q1 2024

2024-05-14 20:53:30| Hotel Resource

As of the first quarter's close, 45% of the hotel projects in Europe's total pipeline are in the under construction stage, standing at 762 projects and 117,815 rooms. Another 411 projects with 60,356 rooms are scheduled to start construction in the next 12 months

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Hospitality
 
JLL Arranges Refinancing for the 218 Key Hyatt Centric Buckhead Atlanta

2024-05-14 20:53:30| Hotel Resource

JLL Capital Markets worked on behalf of Songy Highroads LLC and Hyatt Hotels Corporation in this transaction

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Hospitality
 

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