Posts Tagged by Global economy and business news

More Than Half of Workers 60+ Are Postponing Retirement

2 in 5 workers don’t think they’ll retire until 70 or older – A quarter of workers do not know how much they will need to save for retirement – 26 percent of workers think they need more than $1 million to retire read more […]

Dual-branded AC Hotel and Residence Inn Dallas by the Galleria Opens

DG Hotels Ventures, LLC, an affiliate of Pacific Hospitality Group Ventures, Inc. (PHG) today announced the opening of the 256-room dual-branded AC Hotel and Residence Inn Dallas by the Galleria, as well as the purchase of the property from Atlantic Hotels Group. read more >>> […]

Tru by Hilton Downtown San Antonio Opens in Texas

Tru by Hilton Downtown San Antonio was once the façade of the 30s-era Gillespie Ford Building. The first two floors of the new Tru building maintain the original pie-shaped framework of the dealership, boasting restored stuccowork on the exterior, and a unique lobby area that […]

Kifaru House, Kenya, joins Elewana Collection

Anantara’s sister brand in Africa, Elewana Collection, has announced the latest addition to its wide-ranging portfolio – Elewana Kifaru House in Lewa Wildlife Conservancy, Kenya. read more >>> Source:: BreakingTravelNews.Com

How a Cloud PMS Simplifies the Night Audit Process in Hotels

Night audit in the hotel industry is a mandatory process. Also referred to as front office audit, it consolidates all the transactions after the end of a particular business day, segregates them, and posts them under respective folios. In simple words, it summarizes a hotel’s […]

Caesars Palace Luxury Resort Coming to Puerto Los Cabos, Baja, Mexico

$200 million non-gaming, beach-front project is set to break ground in First Half 2019 read more >>> Source:: HotelNewsresource.Com

For Hotel Technology Decision Makers: What You Need to Know About ‘True Cloud’ PMS

When it comes to hotel operations, no times are more interesting than these, to borrow that oft-quoted Chinese curse (or blessing, depending on your perspective): ‘May you live in interesting times.’ Competition in many lodging markets is more intense than ever. Guest expectations, particularly with […]

Wynn Resorts, Limited Reports First Quarter 2018 Results

Operating revenues were $1.72 billion for the first quarter of 2018, an increase of 20.5%, or $291.8 million, from $1.42 billion for the same period of 2017. The increase was the result of increases of $213.5 million, $65.5 million and $12.8 million from Wynn Palace, […]

Shurooq brings Vida Hotels brand to Sharjah with Emaar deal

The Sharjah Investment & Development Authority (Shurooq) has signed a management agreement with Emaar Hospitality Group to operate a lifestyle boutique hotel in the heart of Al Qasba, one of the most popular lifestyle and leisure destinations in the emirate. read more >>> Source:: BreakingTravelNews.Com

Hilton Garden Inn Opens Four Hotels

Hilton Garden Inn, Hilton’s (NYSE: HLT) announced the opening of four hotels in diverse locations across the U.S., as well as Turkey and Colombia. read more >>> Source:: HotelNewsresource.Com

Meliá Hotels Announces New Hotels in Dubai and Marrakesh

Meliá Hotels International has just announced, during the main tourism fair of the Arab market (the ATM of Dubai), two new hotels that will open throughout this year in the United Arab Emirates and Morocco. read more >>> Source:: HotelNewsresource.Com

Conrad Maldives Rangali Island Announces Undersea Residence

Destination Resort Invests $15 Million to Develop a Unique Sleeping Under the Sea Experience Debuting Q4 2018 read more >>> Source:: HotelNewsresource.Com

Australia’s Iconic G’Day Rail Selects Hotelogix As Its Technology Partner

Hotelogix has announced that it has been selected as the preferred technology partner by G’Day Rail, Australia’s iconic tourist train. The management at G’Day Rail decided to adopt Hotelogix’s PMS to effectively manage their daily operations, and to improve guest experience. read more >>> Source:: […]

StayNTouch Partners With Martin’s Hotels

Belgium-based hotel group brings PMS mobility to its portfolio with StayNTouch’s cloud-based PMS solutions read more >>> Source:: HotelNewsresource.Com

From Cursing To Murder, Facebook Opens Up About The Site’s ‘Community Standards’

For years, Facebook had “community standards” for what people can post, but only a relatively brief and general version was publicly available. read more >>> Source:: HuffingtonPost.Com

AHIF 2018: Marriott leads African hospitality development

Marriott International tops this year’s table for the most planned new hotel rooms under construction in Africa, according to the influential annual hotel pipeline survey by W Hospitality Group. read more >>> Source:: BreakingTravelNews.Com

Bvlgari Hotel Tokyo signed for 2022 opening

Mitsui Fudosan has signed an agreement with Bvlgari Hotels & Resorts to open Japan’s first Bvlgari Hotel in the large-scale, mixed-use development planned for the Tokyo Station area. read more >>> Source:: BreakingTravelNews.Com

InnSight Hotel Management and Hanna Hospitality VII Open the Hampton Inn Roseburg, Oregon

The Hampton Inn by Hilton Roseburg welcomed its first guests as Roseburg’s newest hotel Located at 1620 NW Mulholland Dr. The property is owned by Hanna Hospitality VII and managed by InnSight Hotel Management Group. read more >>> Source:: HotelNewsresource.Com

Tampa EDITION Hotel Announced

Strategic Property Partners, LLC last week announced plans to bring Marriott International’s brand, EDITION, to Tampa. The 173-room hotel will be part of a 26-story tower in the heart of the Water Street Tampa neighborhood, which will also feature a newly built JW Marriott planned […]

2018 Canadian Hotel Investment Report (PDF Download)

Solid economic and financing conditions, an all-time high in tourist arrivals, and favorable hotel supply/demand dynamics supported near record transaction volume in 2017 of $3.5 billion. Canada continued to be a natural destination for global capital with foreign buyers investing more than $1.35 billion into […]

TRYP by Wyndham Hotel Opens Downtown Newark, N.J

TRYP by Wyndham, Wyndham Hotel Group’s urban lifestyle brand, today opened its newest hotel in the heart of downtown Newark, N.J., a city with historic roots – the third oldest in the United States – newly revitalized by recent business development and a vibrant art […]

The Hotel Industry in the Central/South America Region Reports Positive Results for Q1 2018

Hotels in Central and South America reported occupancy rose 4.5% to 57.6% in March. ADR increased 7.9% to $108.70 and RevPAR rose 12.8% to $62.60. read more >>> Source:: HotelNewsresource.Com

The Top 5 Things You Need to Know Now in Hotel Digital Marketing: April Edition – By Margaret Mastrogiacomo, Vice President Strategy

This month, the latest digital innovations include new publishing features on Google My Business listings, the new Google Outstream Video Ad format, and new Instagram profile bio features. The industry is also abuzz with the fast-approaching launch of the GDPR. From SEO to design, read […]

Professor Who Sold Facebook Data To Cambridge Analytica ‘Sincerely Sorry’

Aleksandr Kogan said he assumed people were aware that their data was being taken, but just didn’t care. read more >>> Source:: HuffingtonPost.Com

ATM 2018: Sun Aqua unveils Sun Aqua Iru Veli, Maldives

Sun Aqua is launching the third property in their portfolio; Sun Aqua Iru Veli, an exclusive resort on the island of Aluvifushi, a private island for guests only in the heart of the South Nilandhe Atoll. read more >>> Source:: BreakingTravelNews.Com

ATM 2018: Time Hotels reveals plans for six new properties

Time Hotels has announced plans to open six new properties across the Middle East by the end of 2020. read more >>> Source:: BreakingTravelNews.Com

ATM 2018: Hoteliers lead way in Middle Eastern hospitality

Hotels will comprise a fifth of the total show area at Arabian Travel Market 2018, the largest exhibition of regional and global hotel brands in the history of the event. read more >>> Source:: BreakingTravelNews.Com

Radisson Hotel Portland Airport Wins Two Awards: ‘Finalist Hotel of Year,’ ‘President’s Award’

Radisson Hotel Portland Airport, a proud company of CoHo Services, was recently awarded ‘Finalist for International Hotel of the Year,’ with the highest ranking in the U.S. and ‘The President’s Award’ at the Americas Business Conference in Orlando, Florida. This is the 6th consecutive year […]

Hotelogix Cloud PMS Helps Mint Hotels & Suites Save over 1500 Man-hours Per Month

Hotelogix, a leader in cloud-based Property Management System announces a successful partnership with Mint Hotels & Suites that has resulted in savings of over 1500 man-hours per month for the Group. This was possible with the centralized approach of Hotelogix, which helped the management at […]

Is Your Hotel Ready to Implement GDPR Guidelines?

The General Data Protection Regulations has caused quite a stir in the hospitality industry of late. With the deadline for implementation, 25th of May 2018, drawing closer, we thought it would be a good idea to run you through the specifics. read more >>> Source:: […]

Samara to lead Saudi-based Al Hokair Group

Al Hokair Group has appointed Omar Sami Samara to the role of chief executive officer for tourism and development. read more >>> Source:: BreakingTravelNews.Com

Top Concerns Hotels Need to Know About the GDPR and How to Prepare Your Action Plan

With the GDPR just around the corner, we’ve put together an overview that includes an explanation of the GDPR, the top misconceptions, and the most important considerations that will need to be implemented on your hotel website and included in your digital strategy. read more […]

MGM Resorts International and Invenergy Announce the Development of a 100-Megawatt Solar Array

At full production, the solar array in the Dry Lake Solar Energy Zone in Nevada will provide up to 90 percent of total daytime power needs across MGM Resorts’ 13 Las Vegas Strip locations read more >>> Source:: HotelNewsresource.Com

Embassy Suites by Hilton Berkeley Heights Opens in New Jersey

The brand new Embassy Suites by Hilton Berkeley Heights is set amidst the rolling hills of Berkeley Heights, in the heart of Central New Jersey’s pharma country. It is located 15 miles away from Newark Liberty International Airport and guests can enjoy easy access to […]

The Modern Honolulu Hotel Sold to Diamond Resorts

Rated a Forbes Travel Four-Star hotel, The Modern Honolulu adds to Diamond Resorts’ collection of resorts, and is the company’s first managed property on Oahu. read more >>> Source:: HotelNewsresource.Com

US Hotel Industry Reports Record Performance for Q1

Average daily rate increases 3.0 Percent to US$131.56 read more >>> Source:: HotelNewsresource.Com

AccorHotels Report Strong Growth in First-quarter 2018 Revenue: Like-for-Like Increase of 9.5%

Consolidated first-quarter 2018 revenue totaled €633 million, up 0.6% as reported and 9.5% like-for-like. read more >>> Source:: HotelNewsresource.Com

AHIC 2018: IHG signs with Al Hokair Group for Holiday Inn expansion in Saudi Arabia

InterContinental Hotels Group has signed a master development agreement with Saudi Arabian business conglomerate, Al Hokair Group. The deal will see the debut of Holiday Inn Express brand in Saudi Arabia, with a rollout of at least ten Holiday Inn Express hotels over next 15 […]

Guests Take Mobile Control of Their Journey with Maestro PMS Pre Check-In, Privacy Options, and Amenity Requests

Mobile Pre-Arrival Requests for Amenities, Parking, Early Check-In Empower Staff To Provide High-Touch Service read more >>> Source:: HotelNewsresource.Com

Why Upgrading to True Cloud Hotel Technology is a No-Brainer for Many Hoteliers

According to the new groundbreaking report ‘Built for the Cloud: A Blueprint for Hotel Technology Success’ (currently available for complimentary download), hoteliers are upgrading to next-generation cloud solutions in record numbers. read more >>> Source:: HotelNewsresource.Com

Tru by Hilton Opens Five New Hotels Including First College Town Properties

Openings near University of Wisconsin-Madison, Auburn University and Florida State University read more >>> Source:: HotelNewsresource.Com

Chris Port Named Chief Development Officer for Aqua-Aston Hospitality

In this role, Port is responsible for the expansion of Aqua-Aston Hospitality by optimizing the potential of its existing portfolio of hotels and resorts, and focusing on the company’s growth in the markets it currently serves, as well as by identifying new markets. read more […]

Radisson RED Mandaue Hotel to Open 2021 in the Philippines

Scheduled to open in Q4 2021, Radisson RED Cebu Mandaue will form part of Astra Centre, a major new mixed-use development of Cebu Landmasters, Inc. read more >>> Source:: HotelNewsresource.Com

AHIC 2018: One&Only launches Urban Resorts in Dubai

Kerzner International has introduced One&Only Urban Resorts. The new brand will be introduced in Dubai’s latest architectural icon, One Za’abeel, a completely original destination with revolutionary design. read more >>> Source:: BreakingTravelNews.Com

AHIC 2018: Taj Hotels expands into Saudi Arabia

In a major milestone, the Indian Hotels Company has today announced its foray into the Holy City of Makkah, Saudi Arabia. The move is in partnership with Umm Al Qura Development & Construction Company in the prestigious King Abdul Aziz Road project, one of the […]

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