Hotel News Resource
February, 14 2018
Luxury Institute and EIX: Top 5 Reasons Why Your Brand Culture Process is Failing
Luxury Institute and EIX: Top 5 Reasons Why Your Brand Culture Process is Failing
Brand culture is always top-of-mind for the most successful and innovative CEOs and senior leadership. In fact, some CEOs like to call themselves the Chief Culture Officer; and that is a worthy goal. Brand culture is a process, not a project. Read More
Market Report Jeddah
Mostly Negative Performance Due to Supply Growth for Jeddah Hotels for January 2018
While hotel occupancy rose 0.3% to 50.6% in January in Jeddah, Saudi Arabia, according to preliminary STR data, the market saw ADR drop 2.4% to 732.33 Saudi Arabian riyals ($195.29) and RevPAR decline 2.1% to 370.33 riyals ($98.75). Read more
Market Report Hong Kong
Hong Kong Hotels Report Significant Demand and Occupancy Levels for January 2018
Hong Kong's hotels reported occupancy rose 6.1% to 91.2% in January, according to preliminary monthly data from STR. ADR was flat at 1,428.41 Hong Kong dollars ($182.62) and RevPAR rose 6.1% to HK$1,302.29 ($166.50). Read more
Market Report Berlin
Berlin Hotels Report RevPAR Increase for January 2018
Preliminary January data from STR shows Berlin's hotel market experienced a 0.9% occupancy increase to 59.2%, a 1.1% ADR increase to €84.60 ($104.53) and a 2% RevPAR increase to €50.05 ($61.84). Read more
JLL Global Capital Flows Data
Record-breaking Q4 2017 Real Estate Investment Volumes in Asia Pacific Sound a Positive Note For 2018
Record-breaking Q4 2017 Real Estate Investment Volumes in Asia Pacific
Investors look to traditional favourites Hong Kong, Australia and Japan, with uplift in cross-border investment activity Read more
State Of The Meetings Industry Survey
Two Roads Hospitality Releases State of the Meetings Industry Survey
State of the Meetings Industry Survey
2018 will see a strong showing in corporate meeting spending. 37 percent of survey respondents said they will plan more meetings for 2018, up from 30 percent in 2017, and nearly 45 percent of survey respondents say they have more money to spend in 2018. In addition to a higher demand, the new year will see an increase in costs and a shift in where meetings are planned. Read more
StayNTouch Webinar Series
StayNTouch Webinar - Out With the Old, In WIth the New: How to Arm Your Staff for Success With an Easy-to-Use, Modern PMS
StayNTouch Webinar Series
In a recent study, 70% of staff said poorly performing technology is a drain on their productivity rates. Poor technology is also demotivating and results in a drain which directly alters the level of guest service they feel enabled to provide. With a high-performing, intuitive and easy to use system in place, your employees can spend more time focusing on what matters: your guests. Read more
Management Appointment Deutsche Hospitality
Taras Ettl Named Managing Director and Vice President of Middle East and Asia Operations at Steigenberger DMCC
SDMCC is a subsidiary of Steigenberger Hotels AG and is responsible for all activities outside Europe. Its portfolio includes properties such as the Steigenberger Hotel Business Bay in Dubai, the IntercityHotel Salalah in Oman and the Steigenberger Kantaoui Bay Sousse in Tunisia. Read more
Sunstone Hotel Investors Results
Sunstone Hotel Investors Reports Net Income Decreased of 39.7% For Fourth Quarter 2017
Sunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2017 Read more
Hotel Opening New York State
The Wick Hotel Opens in Hudson, New York
The Wick Hotel Opens in Hudson, New York
Tribute Portfolio, part of Marriott International, today announced its arrival in Hudson, New York with the opening of The Wick Hotel at 41 Cross Street. The original building was constructed in the mid-nineteenth century as a candle and soap manufacturing facility, before undergoing a transformation into a boutique hotel in the last year. Read more
Hotels By The Back Door
Airbnb Accuses Rival Firms of Failing to Deal With 'Hotels by the Back Door' in Row over 90-Day Letting Rules - Evening Standard
A row has broken out between Airbnb and rival online letting agencies over rules that are supposed to stop hosts letting out their homes for more than 90 days a year. Read more

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In Brief...

Hotel Opening Egypt
Hilton Cairo Heliopolis Opens Alongside Towers Luxury Hotel, the Soon-To-Be First Waldorf Astoria in Africa

Hotel Opening Turkey
Six Senses Kaplankaya Reopens in May

Hotel Opening Wisconsin
Four Points by Sheraton Milwaukee Airport Opens

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