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STR Weekly Insights on Global Hotel Industry Performance: 14&20 April 2024

2024-04-26 22:53:52| Hotel Resource

Global leisure demand beginning to bloom & U.S. RevPAR moderated after three unsteady weeks.

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Hospitality
 
HVS Europe Hotel Transactions Bulletin Week Ending 19 April 2024

2024-04-26 19:54:20| Hotel Resource

A summary of European hotel transactions provided by HVS

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Hospitality
 
Earlier Ramadan and Eid&al&Fitr Celebrations Had Positive Impact on Dubai Hotel Performance

2024-04-26 19:54:20| Hotel Resource

As expected, Dubai hotel occupancy dipped slightly at the beginning of Ramadan, with occupancy fluctuating between 60 & 74%, with the exception of the Easter weekend when Dubai saw occupancy levels climb as high as 78.9% on 29 March (the night before Easter Sunday).

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Hospitality
 
Capex and PIPs & What We Learned From Industry Experts at the Hunter Hotel Investment Conference 2024 & By Charis Atwood

2024-04-26 00:55:25| Hotel Resource

Embarking on a hotel renovation? Armed with a Property Improvement Plan (PIP) but unsure where to start? We've got you covered with insights learned at the recent Hunter Hotel Investment Conference in Atlanta where industry experts spoke from a diverse range of experience on one of our favorite topics & PIPs and Capex investments.

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Hospitality
 
Amex Global Business Travel: 7 Business Travel Trends

2024-04-26 00:55:25| Hotel Resource

From sustainable practices to cutting&edge technology, we've identified seven travel industry trends that are redefining the future of the travel industry and reshaping business travel solutions.

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Hospitality
 
Best Practices for Hybrid Event Management

2024-04-26 00:55:25| Hotel Resource

While hybrid corporate events may be the future of modern meetings and conferences, planning and hosting one poses some unique challenges. If you're wondering how to host the best hybrid event, this guide covers it all. You'll learn everything from what hybrid events are and the benefits they deliver to how to plan a hybrid conference that delivers on your goals along with some hybrid event ideas to make it successful.

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Hospitality
 
Ritz&Carlton Reserve to Open in Trojena, the Mountains of NEOM

2024-04-25 22:54:22| Hotel Resource

Marriott International, Inc. announced it has signed an agreement with NEOM to open its second Ritz&Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year&round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of luxury.

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Hospitality
 
Hospitality Representatives Agree on Policy Priorities Ahead of the European Elections

2024-04-25 22:54:22| Hotel Resource

HOTREC members and delegates from across Europe gathered in Budapest for the Association's 88th General Assembly.

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Hospitality
 
Loyalty Program is the Third Most Important Factor when Choosing a Hotel, After Hotel Quality and Location According to Global Hotel Alliance Research

2024-04-25 22:54:22| Hotel Resource

When selecting a hotel, almost all members want reassurance that their hotel is of good quality (97% say thats most important) and in a convenient location (92%). Loyalty program benefits (90%) are nearly as essential, followed by customer service (88%).

Category:

Hospitality
 
U.S. Federal Trade Commission Announces Rule Banning Non&Competes for Employees & By Jim Butler

2024-04-25 22:54:22| Hotel Resource

The U.S. Federal Trade Commissions recent decision to ban non&compete agreements marks a pivotal shift in employment regulations nationwide. This rule not only prohibits new agreements but also retroactively impacts existing ones.

Category:

Hospitality
 

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