Latest Hotel Industry News

Global Expansion for Hotel Brands

2019-07-15 10:42:24 +0200 | Source: Hospitalitynet

In an increasingly globalized world where travel has become faster, cheaper, and more convenient, the hospitality industry has been thriving with travelers from all around the world. With a record 1.4 billion... Read more

Ascott Expands Global Presence With 26 New Properties Across 11 Countries

2019-07-15 10:19:55 +0200 | Source: Hospitalitynet

Singapore - CapitaLand's wholly owned lodging business unit, The Ascott Limited (Ascott), is accelerating its growth globally with the signing of 26 properties with over 6,000 units across 22 cities and 11... Read more

HFTP Annual Convention 2019 General Session Speakers Announced, Covering Communication, Leadership and Travel Industry Trends

2019-07-15 10:06:44 +0200 | Source: Hospitalitynet

Hospitality Financial and Technology Professionals (HFTP®) is set to offer professional inspiration at its upcoming Annual Convention. The event offers a full educational program dedicated to the most current... Read more

Hyatt Regency Bethesda Completes Final Phase of $37 Million Renovation This Summer

2019-07-15 10:00:35 +0200 | Source: Hospitalitynet

Following the completion of a multi-million dollar revitalization last year, Hyatt Regency Bethesda, a prominent landmark in the heart of downtown Bethesda, is proud to unveil the final phase of its transformation... Read more

Hospitality Financial Leadership - The Basic Principles

2019-07-15 09:54:20 +0200 | Source: Hospitalitynet

Accounting was a trade that had a global language much like carpentry or plumbing. There were universal rules that applied and these principles were exactly the same in the hotel business. That was good news.... Read more

HVS Asia Pacific Hospitality Newsletter - Week Ending 15 July 2019

2019-07-15 09:49:21 +0200 | Source: Hospitalitynet

Datapulse Technology-PAM Holdings Consortium Acquires Bay Hotel Singapore for SGD235 Million Singapore-based Datapulse Technology Limited ("Datapulse") has, through its wholly-owned subsidiary, Datapulse... Read more

Europe Hotel Transactions Bulletin - Week Ending 12 July 2019

2019-07-15 09:47:48 +0200 | Source: Hospitalitynet

HVS Hodges Ward Elliott acts on sale of Lindner Hotel Gallery Central in Bratislava, Slovakia Slovakia-based developer Immocap Group has sold the Lindner Hotel Gallery Central in Bratislava, Slovakia, to private... Read more

Information & Telecommunication Spending Trends in the US

2019-07-12 18:48:01 +0200 | Source: Hospitalitynet

Sessions were highly attended and focused on topics including data security, artificial intelligence, biometrics, digital transformation and guest technology. The all-important question attendees walked away asking... Read more

Hilton Hotels in South East Asia Receive Recognition for Outstanding Company Culture With Six New Great Place to Work Certifications

2019-07-12 16:19:13 +0200 | Source: Hospitalitynet

SINGAPORE - Hilton, one of the fastest-growing hospitality companies in the world, has received certification as a Great Place to Work in six countries across South East Asia - namely Indonesia, Malaysia, Myanmar, the... Read more

Andy Cohen to Deliver Keynote at GBTA Convention 2019

2019-07-12 15:58:14 +0200 | Source: Hospitalitynet

Alexandria, VA - The Global Business Travel Association (GBTA), the voice of the global business travel industry, today announced Emmy Award-winning host, producer, and author Andy Cohen as a featured speaker at the... Read more

STR Automation Platform Smartbnb Launches Major Upgrade

2019-07-12 13:30:10 +0200 | Source: Hospitalitynet

Smartbnb, the short-term rental guest experience solution, recently announced the launch of a major upgrade in its product. The update comes in response to significant growth in the vacation rental industry and user... Read more

Refuge de la Traye - An exquisite and intimate hotel destination overlooking Mont Blanc opening December 2019

2019-07-12 13:09:29 +0200 | Source: Hospitalitynet

In the heart of the ski area of Les Trois Vallées, nestled in a green haven between the lake and the mountain, the Refuge de la Traye offers its guests a mesmerising experience. Much more than a just new... Read more

Hotel Pricing Strategy: Price Rates in Number Other than “9” or “4”

2019-07-12 12:56:15 +0200 | Source: Hospitalitynet

Why do we price ending in "9'? Traditionally, our hotel pricing strategy has been for rates to end in a "9" based on the psychology of getting as close to the next round number as possible without... Read more

How Automations Helps Revenue Teams Manage By Exception

2019-07-12 11:56:15 +0200 | Source: Hospitalitynet

Whether it's one hotel or an entire portfolio, there are certain revenue management tasks that are simply too repetitive and add little value for the time they take. Think about manually gathering data in an... Read more

Washington, D.C. Is Suing to Stop a Ridiculous Hotel Pricing Practice

2019-07-12 10:13:24 +0200 | Source: Hospitalitynet

"Resort fees" are some bullshit. If you've booked a hotel in the last few years, you've probably encountered the dreaded resort fee. If not, this is how it works: Your hotel room rate is quoted at,... Read more

Accor Plans Two New Raffles in Bali and Singapore

2019-07-12 10:03:44 +0200 | Source: Hospitalitynet

Since acquiring the legendary Raffles brand in 2016, Accor has announced plans to almost double the iconic collection, with recent openings including Raffles Maldives Meradhoo and Raffles Shenzhen, as well as upcoming... Read more

Raffles Jaipur planned for 2022

2019-07-12 09:59:12 +0200 | Source: Hospitalitynet

Raffles Jaipur will be one of the most exclusive Raffles in the world, with just 50 suites, all with private pools. It will be strategically located as part of the popular Golden Triangle tourist route, which includes... Read more

First Raffles in India to open in Udaipur

2019-07-12 09:54:38 +0200 | Source: Hospitalitynet

Set to open in 2020, Raffles Udaipur will be the first Raffles for India. Often referred to as the "Venice of the East" Udaipur is located in the western state of Rajasthan, famous for its rich cultural... Read more

Raffles Bali planned for 2020

2019-07-12 09:39:03 +0200 | Source: Hospitalitynet

Since acquiring the legendary Raffles brand in 2016, Accor has announced plans to almost double the iconic collection, with recent openings including Raffles Maldives Meradhoo and Raffles Shenzhen, as well as upcoming... Read more

STR: U.S. hotel results for week ending 6 July

2019-07-12 09:33:41 +0200 | Source: Hospitalitynet

The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 30 June through 6 July 2019, according to data from STR. In comparison with the week of 1-7 July... Read more