Hotel News Resource
January, 23 2018
Twenty Grosvenor Square, a Four Seasons Residence in London
Four Seasons Continues to Expand Global Portfolio of Hotels, Resorts and Residences
2018 includes new market debuts, the company’s first standalone residential project, and a new executive appointment to oversee growing residential portfolio Read More
Visit U.S. Coalition
Visit U.S. Coalition Launches Amid Drop in U.S. Share of Global Travel
The dip in U.S. market share is a hindrance to the president’s economic goals, which the Visit U.S. coalition intends to help correct. Research prepared for Visit U.S. by the U.S. Travel Association shows that while global travel volume increased 7.9 percent from 2015 to 2017, the U.S. slice of that growing pie fell from 13.6 percent to 11.9 percent in the same period—the first drop after more than a decade of consistent growth. Read more
Market Report U.S.
US Hotel Industry Posts Record Year In 2017
US Hotel Industry Posts Record Year In 2017
In 2017, the U.S. hotel industry saw occupancy increase 0.9% to $65.9%, and a 2.1% ADR increase to $126.72 drove RevPAR up 3% to $83.57 over 2016. Read more
Market Report U.S.
US Hotel Occupancy Up 2.3 Percent to 54.0 Percent for December 2017
Average daily rate up 2.2 Percent to US$121.86 Read more
Oracle Hospitality Solutions Webcast
How to Increase Sales and Serve More People in the Same Space
At NRF 2018: Retail’s Big Show in New York City, Oracle Hospitality unveiled today the Oracle MICROS Compact Workstation 310 and 310R with one goal in mind: Help you increase sales and serve more people in the same space. Read more
StayNTouch Webinar Series
StayNTouch Webinar - Looking To Divorce Your Hotel PMS? How A Mobile PMS Can Alleviate The Operational Pains
StayNTouch Webinar Series
In this webinar, learn how a Mobile PMS can streamline daily operations, enable your staff to work better and smarter and immediately elevate your hotel’s efficiency and perceived service level. Read more
Distribution Technology
DHISCO Partners with Leading Chinese Travel Distributor to Expand Asian Reach
Based in Shanghai, CHINAonline is China’s original online travel distribution platform, with direct connections to more than 60 of the country’s leading travel websites, wholesalers and tour operators. Read more
Hotel Transaction Texas
TownePlace Suites Austin North Tech Ridge Sold for $19.75 Million
TownePlace Suites Austin North Tech Ridge Sold for $19.75 million
Condor Hospitality Trust, Inc. (NYSE American: CDOR) today announced that it has closed on its previously-announced agreement to purchase the 122-room TownePlace Suites located in the North Tech Ridge submarket of Austin, Texas. Read more
Hotel Development Vietnam
Hotel Indigo in Ho Chi Minh City Announced for 2019
IHG (InterContinental Hotels Group) has signed a management agreement with Europe Trading Investment Company Limited for Hotel Indigo Saigon The City. This is the second Hotel Indigo to be signed in Vietnam, and will be the country's first when it opens its doors in 2019. Read more
Hotel Development California
Montage Healdsburg Hotel to Open 2020 in Sonoma County
Montage Healdsburg Hotel Announced for 2020
Montage Hotels & Resorts announces plans to manage and operate the new Montage Healdsburg. Owned by Ohana Real Estate Investors and developed by The Robert Green Company, the 130-room Montage Healdsburg will begin construction in spring 2018, and will open in the heart of California's world-renowned wine country in Sonoma County in spring 2020. Read more

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In Brief...

Development News
INTRIGUE Hotels & Resorts By Interstate Announces Strategic Alliance With TQP Investments

Hotel Development Bahamas
Margaritaville Resorts Announces $250M Destination Resort in Nassau, Bahamas

Hotel Development Cancun
The Westin Resort & Spa Cancún Completes Top-To-Bottom Redesign

AHLA Board Appointments
AHLA Announces 2018 Officers & Board of Directors

Wynn Resorts Results
Wynn Resorts, Limited Reports Fourth Quarter and Year End 2017 Results

GDPR Bytes
HFTP Launches New GDPR Bytes Site, an Addition to Its Online News Portfolio

Hotel Opening Japan
Hyatt Centric Ginza Tokyo Hotel Opens

Dennis Blyshak, 1950-2018
In Memoriam - A Tribute - Dennis Blyshak, 1950-2018

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