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asianhospitality

Why Move to Asia? Luxury Living & Unique Experiences 2025 - 0 views

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    A Bird's Eye View of Some Asian Countries From the affordable charm of Vietnam to the world-class systems of Singapore and the vibrant lifestyle of Thailand, here's why Asia is an excellent option for your next big move. Vietnam: Affordable and Welcoming Vietnam has grown in popularity among expats due to its low cost of living and welcoming culture. Housing, food, and transportation are incredibly affordable compared to Western countries, making it an attractive destination for retirees and remote workers. While public healthcare services might not meet international standards in rural areas, private hospitals in cities like Ho Chi Minh and Hanoi deliver higher quality care. Comprehensive health insurance is essential to bridge any gaps and ensure access to premium facilities. Singapore: A Global Leader in Healthcare If world-class infrastructure and a highly developed healthcare system are on your priority list, Singapore is a standout choice. This island nation has earned a reputation for being one of the safest, cleanest, and most efficient countries globally. Singapore's healthcare system blends public and private services seamlessly. Public healthcare is accessible to citizens and permanent residents, while expats often rely on private healthcare providers for quicker access and specialized treatments. With options ranging from general practitioners to state-of-the-art hospitals, Singapore ensures that high-quality care is never out of reach.
asianhospitality

Knowland: Tampa-St. Petersburg sees 20 percent growth in February M&E - 0 views

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    TAMPA-ST. PETERSBURG, FLORIDA led in meetings and events growth for the top 25 markets in February with a 20 percent year-over-year increase, according to Knowland. Denver and Boston came in second and third, respectively, while National Associations and Technology groups led in four of the top five markets. Overall, year-over-year event volume growth for the industry reached 5.3 percent, the report said. Meetings in the top 25 markets used an average space of 3,507 square feet, compared to 2,890 square feet in secondary markets. The top 25 markets had an average of 124 attendees, while secondary markets averaged 118 attendees. Additional insights into the key industry drivers for the top 25 markets with the highest meeting volumes include: Tampa-St. Petersburg (up 20 percent): national association, healthcare, charity/non-profit/social services, technology and wedding. Denver (up 7 percent): technology, national association, education, healthcare and construction. Boston (up 15 percent): education, healthcare, technology, training/education and travel.
asianhospitality

Las Vegas M&E grows 34.2 percent in September : Cendyn Report - 0 views

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    LAS VEGAS LED the top 25 markets in meetings and events growth for September, with a 34.2 percent year-over-year increase, according to Cendyn's Sales Intelligence platform, formerly Knowland. This marked its eighth consecutive month in the top five. Las Vegas meetings and events averaged 5,596 square feet with 209 attendees, driven by weddings, accounting for about 10 percent of event volume, and tech events like Oracle SuiteWorld, according to Cendyn. Anaheim ranked second, hosting education, national associations, and weddings. Across the top 25 markets, average space rose to 3,856 square feet with 130 attendees. The top five among the 25 leading markets were: Las Vegas (+34.2 percent): Weddings, technology, training/education, national associations and manufacturing. Anaheim-Santa Ana (+23.2 percent): Education, national associations, weddings, healthcare and consulting. Orlando (+22.9 percent): National associations, technology, healthcare, training/education and charity/non-profits/social services. New York (+21 percent): International government, finance/banking, charity/non-profits/social services, national associations and travel. Dallas (+18.6 percent): Healthcare, technology, consulting, finance/banking and education.
Elisa Graceffo

Medical Tourism: Should You Travel For Your Healthcare? - 0 views

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    Medical care in the United States is expensive. Sometimes even with a good health insurance you can find yourself paying a pretty penny for medical procedures. What if you can get good medical care while enjoying travel abroad. Yes, medical tourism is a thing now and getting popular day by day. You won't believe to experience great medical facilities and luxurious stay sometimes better than the US. On the top of that getting medical care out of the states is much less expensive, it gives you opportunity to travel beautiful places, or just relax far away from your city. Check out all the other benefits of medical tourism, passport and visa requirements, top medical procedures to pick an international destination and other things you should know before you leave.
asianhospitality

Knowland: Event volume up 21.7 percent YoY in September - 0 views

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    EVENT VOLUME CLIMBED 21.7 percent year over year in September compared to the previous year, according to hospitality analytics firm Knowland. Nashville saw the highest percent growth at 30.7 percent. Los Angeles came in second at 22.3 percent over 2022. Among the top five performing markets, national associations spearheaded growth, with healthcare, education, and weddings as primary industry drivers. Nashville's growth was stimulated by the healthcare and technology sectors, accounting for 34 percent of the corporate events in the market, Knowland said in a statement. Nashville meetings averaged 101 attendees, utilizing over 2,692 square feet of meeting space. Despite ongoing talks between Los Angeles hoteliers and striking workers, the market continued to grow compared to 2022, the statement added.
asianhospitality

AAHOA opposes L.A.'s proposed minimum wage hike for hotel workers - 0 views

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    AAHOA OPPOSED THE Los Angeles City Council's recent proposal to raise hotel worker wages to $30 per hour, plus $8 for healthcare, citing a flawed economic impact study that misjudges the industry's ability to absorb the increase. AAHOA members, including a delegation of women hoteliers, testified before the council, warning of the proposal's impact on smaller, independent hotels, the association said in a statement. AAHOA Vice Chairman Kamalesh "KP" Patel, a California hotelier, testified on Oct. 16, addressing the hospitality industry's ongoing labor challenges. "I have a very serious concern about the study presentation. The study is majorly flawed," Patel said. "There is zero understanding of the differences between hotels-high-end, full-service and limited-service. These people are asking for their fair shake. We are asking to be heard properly. Limited-service properties do not offer the same services as full-service hotels and should not be treated the same." AAHOA argues that the study overlooks the unique challenges of smaller, limited-service hotels, ignoring their tight margins and operational constraints. A sudden wage increase to $30 per hour, plus healthcare costs, could result in layoffs, service cuts or closures, AAHOA said.
Ranjeet Kumar

Travel to One of The Cosmopolitan Cities of The World-Dubai - 0 views

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    When we talk about the cosmopolitan cities of the world then Dubai is the name that comes to our mind. It was once known as the pearl diving centre and today it has developed to be one of the finest cities of the world. It is a country that is developed in all the aspects be it providing a better education system, proper healthcare facilities, maintaining a safe environment and implementing modern infrastructure. You will always find a festival or an inauguration once or any other time whenever you pay a visit to the city. Dubai always engages itself in one activity or the other throughout the year.
crescent crave

Job Vacancies - Koninklijke Philips NV - 0 views

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    Jobs Abroad, Work Abroad, International Jobs Online - Koninklijke Philips NV is known as Royal Philips Electronics of the Netherlands or commonly known as Philips. It is a Dutch technology company based in Amsterdam with primary divisions focused in areas such as healthcare, lighting, and electronics. It was founded by Gerard Philips and his father Frederik in Eindhoven in 1891. Philips is one of the largest electronics companies in the world. It already employed around 105,000 people across more than 60 countries.
asianhospitality

Prigmore Joins The Board For Castell Project - 0 views

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    Tracy Prigmore is the new member of the board of directors for the Castell Project, a not-for-profit that promotes women in the hospitality industry. She is the founder of real estate and development firm TLTsolutions. In 2019, Prigmore began "She Has A Deal," a competition designed to increase hotel ownership and development by women by providing education, networking and investing opportunities. The competition's pitch challenge creates a network of women hotel owners and developers. Vinay Patel, AAHOA vice chairman and president of Fairbrook Hotels in Chantilly, Virginia, is on the advisory board for "She Has a Deal." Prigmore expanded TLTsolutions in 2014 to invest in residential, multifamily and hospitality projects that allowed individuals, families and entities to obtain passive income through investing. The firm has assets in four states. Previously, Prigmore held executive positions in the healthcare industry.
asianhospitality

VMV Capital breaks ground on ESA in South Carolina - 0 views

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    REAL ESTATE INVESTMENT, development and management firm VMV Capital recently broke ground on the Extended Stay America Premier Suites Duncan in Duncan, South Carolina. It is the first such property for VMV, led by Vinny Patel as CEO. The four-story, 88-room hotel is in Spartanburg County between Greenville and Spartanburg near many businesses, including BMW, Michelin, and Spartanburg Regional Healthcare System, according to VMV. Other attractions include the Trapped in the Upstate Escape Rooms, Greer Heritage Museum and several parks. Construction is under way and the hotel is expected to open in summer 2023. Hotel amenities will include a fitness room and an onsite guest laundry.
asianhospitality

Banyan Investment Group is now the Satori Collective - 0 views

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    ATLANTA-BASED BANYAN Investment Group, led by Rakesh Chauhan and Andy Chopra as managing partners, is rebranding as Satori Collective, an investment management firm focusing primarily on hotel property investment. Its subsidiary Banyan Tree Management also has become Aperture Hotels. Satori and Aperture will work independently of one another. The awakening Satori focuses on investment into select-service, upper select-service extended-stay and lifestyle hotel properties, according to the company. It concentrates on investment in growth corridors located in top MSAs across the U.S. which have established hotel demand generators such as tourism, corporate group travel, state capitals, conference universities, healthcare, heavy manufacturing and military. "Satori is a Buddhist term meaning 'awakening and deep understanding,' which is how our team approaches commercial real estate investment," Chopra said. "With more than 140 years of combined investment experience in virtually all markets and segments, our team has an unparalleled understanding of both the environment and the marketplace. We realized that our true, core business is real estate investment, so we have renewed and doubled our focus on raising and deploying capital in pursuit of consistent, risk adjusted returns while allowing our former management platform to stand on its own and pursue additional third-party management business opportunities."
asianhospitality

Unlock Your Health Potential: How Video Games Transform Wellness - 0 views

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    Video games are a cornerstone of modern society. Through them, you can solve challenging puzzles, face others in battle, and go on daring adventures. However, they also play a part in physical and mental healthcare as well. While there are many documented studies, here are some of the ways they can improve your health. RELAXATION AND MEDITATION Repetitive games where you don't have to make a decision or solve puzzles repeatedly provides a sense of relaxation. However, some games are designed as an emotional outlet or story, causing a cathartic experience. Relaxation is one of the benefits of gaming at an online gambling service such as the Bwin casino, available in Hungary. You can find similar websites reviewed by Péter Deli; you can find his profile here, that'll take your mind off life and possibly win a bit as well. A game such as Animal Crossing provides an attractive and safe environment. The tasks aren't demanding, and if you fail, there's no negative effect. Playing titles such as this allows you to slow your thoughts or relax without worrying about losing anything.
asianhospitality

Peachtree Group closes third DST acquiring HGI Jackson, Tennessee - 0 views

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    PEACHTREE GROUP, A commercial real estate investment firm with a $6.4 billion portfolio, has closed its third hotel property structured as a Delaware Statutory Trust with the acquisition of the 98-key Hilton Garden Inn in Jackson, Tennessee. The acquisition provides 1031 exchange investors the chance to reinvest proceeds from real estate sales, enjoying tax deferral benefits and maintaining a strong real estate allocation, Peachtree said in a statement. "The hotel's strategic location near healthcare and manufacturing jobs, including Ford's planned $5.6-billion Blue Oval City, along with a diverse collection of entertainment and retail destinations, establishes it as a valuable addition to our expanding portfolio of DST properties," said Tim Witt, Peachtree's president for 1031 Exchange/DST Products. Peachtree launched its DST program in August 2022 and is a top-15 sponsor in the securitized 1031 exchange marketplace, according to Mountain Dell Consulting's year-end market equity update.
asianhospitality

Striking Hotel Workers in Connecticut and Rhode Island Secure Landmark Contracts - 0 views

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    STRIKING HOTEL WORKERS in Greenwich, Connecticut, and Providence, Rhode Island, recently ratified union contracts that include wage increases and healthcare. These contracts at the Hyatt Regency Greenwich and Omni Providence Hotel are the first in ongoing national disputes between the hotel workers' union UNITE HERE and Hilton, Hyatt, Marriott, and Omni. The union celebrated the contract settlements but cautioned that ongoing strikes across the U.S. are expected to escalate before labor disputes are resolved. "These first contracts encourage hotel workers in other cities as strikes continue," said Gwen Mills, UNITE HERE's international president. "Hotel workers in Honolulu, San Diego, and San Francisco will strike as long as it takes to secure what they need, and more strikes are possible. We're in this for the long haul, and we urge travelers to prepare for potential widespread disruptions."
asianhospitality

U.S. Hospitality Industry to Add 822,700 Jobs by 2033 | A Booming Sector - 0 views

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    ONE IN EIGHT new jobs created over the next nine years will be in the hospitality and leisure sector, according to the Bureau of Labor Statistics. The U.S. hospitality industry is projected to add about 822,700 jobs between 2023 and 2033. This growth marks the third-largest increase among all major sectors, following business services and healthcare and social assistance. "As of 2023, leisure and hospitality recovered all jobs lost during the pandemic in 2020," BLS stated in a blog post. "Employment is projected to grow from 16.6 million today to 17.4 million by 2033. The sector comprises three main industries: accommodation; food service and drinking places; and arts, entertainment, and recreation."
asianhospitality

Excel Group acquires Embassy Suites in Syracuse, NY 2024 - 0 views

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    EXCEL GROUP, A Virginia-based private equity firm, acquired the 209-room Embassy Suites by Hilton Syracuse Destiny USA in Syracuse, New York. The hotel, one of the newest in the greater Syracuse market, is located near Destiny USA shopping and entertainment complex, Excel Group said in a statement. Excel Group is led by Shoham Amin as founder and principal. "We are thrilled to acquire the Embassy Suites by Hilton Syracuse Destiny USA, the premier hotel in the market," said Amin. "This property is strategically positioned to benefit from Syracuse's ongoing resurgence. This investment allows us to capitalize on the recent supply and demand imbalance caused by hotel closures in the area. Historically, this market has been stable, driven by healthcare and education sectors, and is now poised for significant growth with Micron's upcoming construction."
asianhospitality

Anaheim-Santa Ana Leads November 2024 ME Markets | Hotel Industry News - 0 views

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    ANAHEIM-SANTA ANA, CALIFORNIA, ranked first among the top 25 markets in November with 17.5 percent year-over-year growth, followed by Atlanta at 13.7 percent, according to Cendyn's Sales Intelligence platform, formerly Knowland. This was Anaheim-Santa Ana's first time at the top this year, driven by healthcare groups contributing 7.1 percent, including events from Edwards LifeSciences LLC and Kaiser Permanente. Atlanta's growth was supported by events from national association and education groups, the report said. Chicago entered the top five for the first time, ranking third with 12.6 percent growth, largely driven by national association groups contributing 10.2 percent. Anaheim-Santa Ana averaged 4,555 total square feet with an estimated group size of 167. The top 25 markets averaged 3,764 total square feet with a group size of 131.
asianhospitality

Noble acquires Courtyard in Oceanfront, FL | USA 2024 - 0 views

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    NOBLE INVESTMENT GROUP, led by Mit Shah as senior managing principal and CEO, recently acquired the Courtyard Jacksonville Beach Oceanfront in Jacksonville, Florida. Also, Noble recently appointed Dewitt Lovelace as project manager of design and development. The 150-room Courtyard features, two F&B outlets, 2,450 square feet of meeting space, a pool and hot tub, a fitness center, and a convenience store. The company plans to renovate the guestrooms, suites, public areas and meeting spaces, Noble said in a statement. "The greater Jacksonville market continues to exhibit the key macro trends we look for in cities that we believe will continue to outperform the broader economy," said Dustin Fisher, Noble's senior vice president. "This high-quality asset will undergo a meaningful upgrade, enabling the hotel to capitalize on the market's depth and breadth of leisure, healthcare, corporate and government demand."
asianhospitality

Red Roof Inn opens in La Marque, TX - 0 views

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    The Red Roof Inn La Marque in La Marque, Texas, is now open after a $700,000 renovation. The 150-room property is owned by Kenny Group LLC, led by Jignesh Patel. The hotel is near historic downtown La Marque, Galveston Island State Park, Brazoria National Wildlife Refuge, Moody Gardens, Schlitterbahn, Gulf Greyhound Park, Texas City Premiere Lux 12+ Cinemas, HCA Houston Healthcare Mainland and Galveston County Fair & Rodeo. William P. Hobby Airport also is near. Amenities at the pet-friendly hotel include meeting facilities, a year-round outdoor pool, and an on-site bar and lounge. The hotel also participates in RediRewards and Red Roof's RediClean program for guest and staff safety.
asianhospitality

Phoenix tops M&E markets in October with 19.7 percent growth - 0 views

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    PHOENIX RANKED FIRST among the top 25 markets with 19.7 percent year-over-year growth in October, according to Cendyn's Sales Intelligence platform, formerly Knowland. This was its first time at the top spot this year, driven by national associations, technology, healthcare and financial/banking events. Las Vegas followed closely with 17.7 percent growth, placing it in the top five for the 10th consecutive month, Cendyn said. South Michigan and Florida's Panhandle led secondary markets, while Kauai, Hawaii, saw significant year-over-year growth at 72 percent. Phoenix averaged 5,612 square feet and 174 attendees, primarily driven by national association events, which made up 8.6 percent of event volume, the report said. Las Vegas remained in the top five, ranking second, supported by national association events and weddings. Across the top 25 markets, average space usage rose to 3,902 square feet with an average of 132 attendees.
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