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HVS Asia Pacific Hospitality Newsletter & Week Ending 10 May 2024

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

Weekly Hospitality Industry Asia Pacific News Roundup from HVS

Category:

Hospitality
 
Understanding the Current State of the U.S. Hotel Transaction Market & By Eric Guerrero and Josh Williams

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

The hotel transaction market continues to face significant headwinds. Nonetheless, there are still many good deals to be had, and with some patience and strategy, long&term returns may match or even exceed an investors expectations. This article examines and compares current transaction data to historical activity.

Category:

Hospitality
 
Orlando, FL is the Top Meeting Destinations in the U.S. for 2024

2024-05-14 19:53:18| Hotel Resource

Cvent Announces Top Meeting Destinations and Hotels Worldwide for 2024

Category:

Hospitality
 
Hotel Giant's Ever&growing Brands & Why So Many, and How Are They Managed?

2024-05-14 19:53:18| Hotel Resource

Hotel Management Network dives into the world of brand proliferation in the hotel industry, exploring the reasons behind the trend and the intricate ownership structures that underpin it.

Category:

Hospitality
 
Waldorf Astoria Residences Ras Al Khaimah Announced for 2026

2024-05-14 19:53:18| Hotel Resource

Waldorf Astoria Residences Ras Al Khaimah will comprise 43 ultra&luxury residences, penthouses, and sky palaces.

Category:

Hospitality
 
California Bans Junk Fees As of July 1, 2024. Good Bye to Junk Fees, Resort Fees, Mandatory Service Charges, and Drip Pricing. Hello to & the Fruits of SB 478 & By Jim Butler

2024-05-14 19:53:18| Hotel Resource

As of July 1, 2024, California will implement a high&profile law to ban such junk fees unless they are specifically exempted. Here are the details.

Category:

Hospitality
 
U.K. Hospitality Vacancies Remain Stubbornly Above Pre&pandemic Levels, with Little Positive Movement in Five Months

2024-05-14 19:53:18| Hotel Resource

There were 107,000 vacancies in hospitality in the quarter to April 2024, according to the Office for National Statistics. This is 15% higher than pre&pandemic levels of 93,000.

Category:

Hospitality
 
Decameron All Inclusive Hotels & Resorts Join Wyndham Rewards Program

2024-05-14 19:53:18| Hotel Resource

Deal brings over 2,600 rooms into Wyndham's all&inclusive portfolio

Category:

Hospitality
 
Red Roof Plus Palm Coast, FL Sold

2024-05-14 19:53:18| Hotel Resource

DSH Hotel Advisors held the exclusive listing with the seller, generating 105+ signed Confidentiality Agreements from qualified buyers and receiving 13+ offers from buyers throughout the country.

Category:

Hospitality
 
Four Seasons Hotel Toronto Completes Multi Million Dollar Guest Room Renovation

2024-05-14 19:53:18| Hotel Resource

The redesign encompasses all 259 guest rooms including 42 suites within the Hotel.

Category:

Hospitality
 

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