Americans may go home for the holidays, but too much togetherness takes a toll. New data from Hilton (NYSE: HLT) shows more than half of those who stay with relatives during the holidays make excuses to shorten their visit.
Hyatt Centric Chicago Magnificent Mile Completes Grand Renovation Encompassing Guestrooms and Event Spaces
Hyatt Centric Chicago Magnificent Mile, situated in the heart of Chicago’s upscale shopping and dining district, announces the completion of its multi-phase renovation project that transforms the hotel’s guestrooms, suites, expansive meeting space and restaurant & lounge. Operated by Davidson Hotels, the redesign captures the essence of Chicago’s Streeterville neighborhood,...
Wyndham Hotels & Resorts Expands Presence in Puerto Rico with the Addition of Bali Posh Hotel to its Trademark Collection by Wyndham
Bali Posh Hotel proudly joins Wyndham Hotels & Resorts as part of the Trademark Collection by Wyndham, marking a new chapter of growth and global visibility for the Isla Verde hotel in Puerto Rico. The partnership also represents an important step in Wyndham’s expansion across the region, offering guests a...
HEI Hotels & Resorts Selected to Manage Iconic, Two MICHELIN Key Mayfair House Hotel & Garden in Coconut Grove
HEI Hotels & Resorts, one of the nation’s leading hospitality investment and management companies, has been selected to manage the Mayfair House Hotel & Garden in Miami’s historic Coconut Grove neighborhood. The addition of the Mayfair strengthens HEI’s growing portfolio of luxury and upper-upscale independent lifestyle hotels and resorts across...
Volume Without Profit: The Strategic Mandate for Total Business Optimization (Beyond RevPAR)
The current industry dialogue confirms a harsh truth: a strong top-line no longer guarantees a healthy bottom line, and the painful truth is: Volume without profit is just activity. The era of RevPAR as a sole performance indicator is over. It has to be over, because if this is the...
The Lake Como Edition Debuts on Italy’s Most Iconic Shoreline, Bringing New-Era Luxury to the Legendary Destination
Lake Como, with its placid turquoise waters surrounded by towering, sharp-peaked mountains, has been one of the most dreamt-of destinations in the world for centuries. EDITION, part of Marriott Bonvoy’s portfolio, Omnam Investment Group ("Omnam"), and private investment firm Bain Capital boldly reimagine this storied locale with the opening of...
Collapse of Sonder, a Marriott-backed hotel chain, leaves guests stranded mid-stay
Patrick M. D’Aoust probably didn’t expect his anniversary trip to end early, but he definitely didn’t think he’d have just 15 minutes to vacate his room.
Cologne hotel room rates reached record-highs in October
The Anuga food fair pushed Cologne’s hotel industry to its highest average daily rate (ADR) and revenue per available room (RevPAR) on record, according to October preliminary data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets.
Grand Prix drove Singapore hotel rates to record-highs
Driven by Formula 1 Grand Prix, Singapore’s hotel industry posted its highest monthly average daily rate (ADR) and revenue per available room (RevPAR) on record, according to preliminary October data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets.
130-Suite Homewood Suites by Hilton Lake Buena Vista – Orlando Finalizes $6 Million Renovation to Completely Reconfigure Property
Officials of the 130-suite Homewood Suites by Hilton Lake Buena Vista - Orlando today announced that the hotel is in the final stages of a $6 million renovation to upgrade all guest and public spaces. The hotel, operated by HEI Hotel & Resorts, a leading hospitality investment and management company,...