Hotel News Resource
January, 22 2019
International Tourist Arrivals Reach 1.4 billion Two Years Ahead of Forecasts
International Tourist Arrivals Reach 1.4 Billion Two Years Ahead of Forecasts
UNWTO’s long term forecast issued in 2010 indicated the 1.4 billion mark would be reached in 2020, yet the remarkable growth of international arrivals in recent years has brought it two years ahead. Read More
Hospitality Financial Leadership
Hospitality Financial Leadership - Bring Multi-Tasking to an End for Hotel Leaders - By David Lund
Bring Multi-Tasking to an End for Hotel Leaders
I know there is BIG TIME pushback on the idea of multi-tasking. Being so popular in our modern work society the idea of multi-tasking is more than a fad, more than say IMU (Individual Business Units) or MBWA (Management By Walking Around). These are two of my personal all-time favorite business practices. In the hotel business, we need to be able to differentiate between when it is appropriate to do more than one thing at a time and when it is not. Read more
Possessory Interest
HVS Report - Possessory Interests in Hotel Real Estate - By Erich Baum
Marriott Marquis Washington, DC
Possessory interests result from unique circumstances. Understanding its origin and purpose is necessary when performing a possessory interest appraisal. This article describes possessory interest and provides valuation methodology guidance. Read more
Enterprise Cloud Platform
The Inn at Harbor Shores Deploys Full INTELITY Platform
The waterfront resort sets the technology standard for Michigan hotels by implementing INTELITY’s guest experience and staff management platform Read more
AccorHotels Acquisition
AccorHotels Announces the Preliminary ResultsOf the Tender Offer for Orbis S.A. Shares
Following the settlement of the Offer and subject to the final confirmation of the number of shares submitted by the investors in the Offer, AccorHotels will own, directly and indirectly, 85.8% of Orbis’ share capital. Read more
Hotel Development France
Louvre Hotels Group to Open 12 Kyriad Direct Hotels
Louvre Hotels Group to Open 12 Kyriad Direct Hotels
Louvre Hotels Group announced the upcoming opening of more than 12 hotels, in 12 cities and 800 Kyriad Direct rooms in France, by early 2019. Read more
Hotel Opening Colorado
SpringHill Suites by Marriott in Greenwood Village Opens in Colorado
The 88-suite hotel, located at 7900 East Parkview Avenue, will operate as a Marriott franchise, owned and managed by Tower West Holdings, LLC. Read more
Hotel Opening Philippines
390 Room Sheraton Manila Hotel Opens
390 Room Sheraton Manila Hotel Opens
Located at the forefront of the world-class integrated complex, Resorts World Manila, the hotel is the first landmark seen upon arrival at the Ninoy Aquino International Airport Terminal 3. Read more
Hotel Opening Atlanta
First Four Points by Sheraton Hotel in the State of Georgia to Open in Atlanta
The Four Points by Sheraton Atlanta Airport West is managed by Atlanta-based owner, operator and developer, Hotel Equities. Read more
Pulse Of The Industry
Travel Agents Believe 2019 Will Bring a Boom in Business - Travel Pulse
Travel Agents Believe 2019 Will Bring a Boom in Business
It’s shaping up to be a banner year for the travel business. If you are a travel agent, presumably you are betting on your clients increased wealth and social media channels to inspire them to book more vacations this year. Read more

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In Brief...

Hotel Opening Canada
Best Western Plus Airport Inn & Suites Opens in Saskatoon

Loyalty Programs
OpenTable Dining Points Can Now Be Used Toward Hotel Reservations

U.S. Government Shutdown
Hotel Association of NYC Offers Free Rooms to Furloughed Federal Workers for Emergencies

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