Hotel News Resource
November, 21 2017
Shifts In Revenue and Expenses Improve Hotel Food And Beverage Profits
Shifts In Revenue and Expenses Improve Hotel Food And Beverage Profits - By Robert Mandelbaum
Consumer dining trends tend to be more volatile than lodging trends. Recognizing this, hotel managers have made some significant changes in the way they offer food and beverage service to their guests. The traditional three-meal, all-purpose restaurants and room service are disappearing. Taking their place are self-service kiosks and grab-and-go concepts that provide quick-service for in-house guests. These changes help explain recent changes in hotel food and beverage department revenues, expenses, and profits. Read More
Hotel Construction Pipeline Asia Pacific
Asia Pacific Hotel Development Pipeline Under Contract Up 7.8 Percent YOY for October
The Asia/Pacific region reported 289,997 hotel rooms in construction during October, which according to STR's pipeline report is a 15% year-over-year increase. Read more
Hotel Construction Pipeline Caribbean/Mexico
Caribbean/Mexico Hotel Rooms Under Construction Up 27.5% Rooms for October 2017
The Caribbean/Mexico region reported a 27.5% year-over-year increase in the number of hotel rooms in construction during October. Read more
Market Report U.S.
US Hotel Occupancy Up 1.6 Percent to 69.6 Percent for October 2017
Average daily rate up 2.5 Percent to US$130.20 Read more
Hotel Booking Trends
North American Hoteliers End 2017 Strong with Healthy Gains Across All Travel Segments
Both Group and Transient Leisure Travel Experience Particularly Solid Growth in Bookings Read more
Meetings And Events: The New Frontier For Hospitality Tech Innovation
The New Age of Meetings and Events - By Bill Nicholson
In an age when travelers are used to being able to plan and book their travel with a quick search on their PC or a few taps on their phone, the world of meeting planning has remained largely a manual one. That is changing fast, however. Read more
Hotel Development Atlanta
Georgia Dome Demolition Sets Stage for New 1,010 Room Luxury Headquarter Hotel
The Georgia Dome implosion on Nov. 20, 2017, Atlanta
Cleanup is expected to take approximately three months, laying groundwork for a 1,010 –room luxury convention center hotel serving the adjacent Georgia World Congress Center. Ground breaking is scheduled for early 2019. Read more
Hotel Development South Carolina
Cambria Hotels Breaks Ground on Charleston, S.C., Riverfront
Cambria Charleston Riverview Hotel Breaks Ground on Charleston, S.C. Riverfront
The Cambria Charleston Riverview, a 126-room hotel is located at 84 Ripley Point Dr. on the Ashley River, and is slated to open early in 2019 and will be built by Freese Johnson Contractors of Atlanta. Read more
Hotel Development Vietnam
Hilton Signs DoubleTree by Hilton Vung Tau and Hilton Garden Inn Saigon Hotels
Two management agreements have been signed with two affiliates of BRG Group for a DoubleTree by Hilton hotel in Vung Tau, a key city in southern Vietnam and a Hilton Garden Inn hotel in Ho Chi Minh City respectively. Read more
Hotel Development Bermuda
Rosewood Bermuda Announces $25 Million Renovation
Rosewood Bermuda Announces $25 Million Renovation
The renovation will include the complete redesign of the resort's guestrooms, Beach Club, Golf Clubhouse and Sense, A Rosewood Spa, as well as enhanced meeting space and new food and beverage outlets and concepts. The property will reopen in April 2018. Read more

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In Brief...

Hotel Development Japan
Kamori Kanko and NISADE Partnership Annnounce Hokkaido Development - The Vale Rusutsu

Hotel Development Germany
Niu Charly Hotel to Open 2018 in Frankfurt

Hotel Development Miami
Wyndham Dual-Brand Hotel to Open 2019 in Miami

Hotel Opening North Carolina
Radisson Hotel Charlotte Airport South Opens

Hotel Opening Bahamas
SLS Baha Mar Hotel Opens in The Bahamas

In Memoriam: Jerry Merkin
Hotel Industry Icon Publisher, Jerry Merkin, Passes Away at 85

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